Publisher : Korean Institute of Navigation and Port Research
DOI : 10.5394/KINPR.2014.38.2.163
Title & Authors
A study on entry into the offshore service market through slack model Oh, Jin-Seok; Kim, Gil-Soo; Merdas, Reza; Jang, Jae-Hee;
Domestic offshore business is oriented toward building drill-ships, FPSOs(Floating Production Storage and Off loading). But the equipments needed for offshore platforms are not so developed in Korea because the equipments can not be verified in Korean territory where the offshore platforms are not stationed. This study aims at finding some methods on entering into OSI for the maintenance and disassembly of fixed offshore platforms. Slack model is adopted to find out how slack assets could play a role in penetrating foreign markets. Firstly, entry into the South East Asian market is recommended. Secondly, forming a consortium is suggested by which taking part in offshore market can be easier. Finally, strategic plans for obtaining the technology for ship building equipments are needed as well as government support.
Design of an integrated network management system for telecom subsystem in offshore plants, Journal of the Korean Society of Marine Engineering, 2015, 39, 8, 863
Boddewyn, J. J. and A. C. Perry(1986), "Service Multinationals", Conceptualization, Measurement and Theory", Journal of International Business Studies. pp. 41-57.
Busan Techno Park(2012), "Roadmap Report of Offshore Plant Equipment"
Choi, YoonJung et al.(2013), "The study on the management's result and foreign market entry mode choice's Decision factor of Medium and Small Firm", Journal of Korea Technology Innovation Society, Vol. 16, No. 3, pp. 605-662.
Han Woo, Ryu(1994), "A study on corrective industrial policy for market entry of the domestic firm, expanding, moving out in International Oligopoly Market", Young Nam University's Institute of Industrial Management, pp. 199-217.
Ho Yeol, B and Sang Gi, L(1998), "The choice model for foreign market entry mode choice of Korea Service Business", Korea Trade Research Association, Vol. 23, No. 3, pp. 39-64.
Juhl, P(1979), "On the Sectoral Patterns of West German Manufacturing Investment in less Developed Countries: The Impact of firm size, factor intensities and protection", Weltwirtschaftliches Archiy, Vol 115, No. 3, pp. 508-521.
Kimura, Y(1989), "Farm-specific Strategic Advantages and Foreign Direct Investment Behavior of Firms: The Case of Japanese Semiconductor Firms", Journal of International Business Studies, Vol. 20, No. 2, pp. 296-314.
Lall, S.(1980). "Monopolistic Advantages and Foreign Involvement by US Manufacturing Industry", Oxford Economics and Papers, Vol. 32, No. 1, pp. 102-122.
Ministry of Land, Transport and Maritime Affairs(2011.12), Final Report "The basic plan for feasibility and offshore services industry to foreign markets studies - To focusing on Southeast Asia"
Tae Ho, Park et al.(2009), "The foreign market entry mode choice's selection attributes and result of Korean manufacturing firm", Commercial Information Research, Vol. 11, No. 4, pp. 183-214.
Terpstra, V. and YU, C-M(1988), "Determinants of Foreign Investment of U.S. Advertising Agencies", Journal of International Business Studies, Vol. 19 ,No. 1, pp. 33-46.