• KSCE Journal of Civil and Environmental Engineering Research
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• v.30 no.1B
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• pp.23-31
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• 2010

The previous researches on washland construction have focused on the flood control effect or flow discharge change. In spite of the previous studies, the washland construction has lacks of representing its reasonable value and effects. Therefore, this study tried to perform the economic value analysis based on flood damage reduction, water quality improvement, ecological effectiveness, and socio-cultural effect for the washland construction plan in Topyeong-cheon basin in Changyeong-gun, Gyeongnam. The results of value analysis showed the economic value of about 87.6 billion won was estimated and this could contribute to the realization of the effect and importance of washland construction.

• Proceedings of the Korea Information Processing Society Conference
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• 2008.05a
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• pp.3-6
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• 2008

본 연구는 의미적 정보 검색을 위한 연구 중의 하나로, 현재까지의 의미적 문서 검색에서 큰 걸림돌이었던 사전에 정의되지 않은 단어(Unknown Word)들의 어휘 사전(Lexical Dictionary)을 자동으로 생성하기 위한 것이다. 이를 위해 UW를 기존의 영어 어휘 사전인 워드넷(WordNet)에 정의되지 않은 단어로 간주하고, 웹 문서의 입력을 통하여 UW와 관련된 단어들을 추출하여 의미적 관련 정도를 확률적, 의미적 방법으로 측정한다. 본 논문에서는 UW Lexical Dictionary를 자동으로 구축하기 위한 방법에 대해서만 기술하였고, 정량적이고 객관적인 평가는 포함하지 않고 있다. 하지만 본 연구의 효용성을 확인하기 위한 몇 가지 문서로부터 추출된 결과는 본 연구가 상당히 의미적이며 가치가 높을 것으로 기대되고 있다.

• Journal of Intelligence and Information Systems
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• v.24 no.3
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• pp.177-198
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• 2018

Recently, as economic property it has become necessary to acquire and utilize the framework for water resource measurement and performance management as the property of water resources changes to hold "public property". To date, the evaluation of water technology has been carried out by feasibility study analysis or technology assessment based on net present value (NPV) or benefit-to-cost (B/C) effect, however it is not yet systemized in terms of valuation models to objectively assess an economic value of technology-based business to receive diffusion and feedback of research outcomes. Therefore, K-water (known as a government-supported public company in Korea) company feels the necessity to establish a technology valuation framework suitable for technical characteristics of water resources fields in charge and verify an exemplified case applied to the technology. The K-water evaluation technology applied to this study, as a public interest goods, can be used as a tool to measure the value and achievement contributed to society and to manage them. Therefore, by calculating the value in which the subject technology contributed to the entire society as a public resource, we make use of it as a basis information for the advertising medium of performance on the influence effect of the benefits or the necessity of cost input, and then secure the legitimacy for large-scale R&D cost input in terms of the characteristics of public technology. Hence, K-water company, one of the public corporation in Korea which deals with public goods of 'water resources', will be able to establish a commercialization strategy for business operation and prepare for a basis for the performance calculation of input R&D cost. In this study, K-water has developed a web-based technology valuation model for public interest type water resources based on the technology evaluation system that is suitable for the characteristics of a technology in water resources fields. In particular, by utilizing the evaluation methodology of the Institute of Advanced Industrial Science and Technology (AIST) in Japan to match the expense items to the expense accounts based on the related benefit items, we proposed the so-called 'K-water's proprietary model' which involves the 'cost-benefit' approach and the FCF (Free Cash Flow), and ultimately led to build a pipeline on the K-water research performance management system and then verify the practical case of a technology related to "desalination". We analyze the embedded design logic and evaluation process of web-based valuation system that reflects characteristics of water resources technology, reference information and database(D/B)-associated logic for each model to calculate public interest-based and profit-based technology values in technology integrated management system. We review the hybrid evaluation module that reflects the quantitative index of the qualitative evaluation indices reflecting the unique characteristics of water resources and the visualized user-interface (UI) of the actual web-based evaluation, which both are appended for calculating the business value based on financial data to the existing web-based technology valuation systems in other fields. K-water's technology valuation model is evaluated by distinguishing between public-interest type and profitable-type water technology. First, evaluation modules in profit-type technology valuation model are designed based on 'profitability of technology'. For example, the technology inventory K-water holds has a number of profit-oriented technologies such as water treatment membranes. On the other hand, the public interest-type technology valuation is designed to evaluate the public-interest oriented technology such as the dam, which reflects the characteristics of public benefits and costs. In order to examine the appropriateness of the cost-benefit based public utility valuation model (i.e. K-water specific technology valuation model) presented in this study, we applied to practical cases from calculation of benefit-to-cost analysis on water resource technology with 20 years of lifetime. In future we will additionally conduct verifying the K-water public utility-based valuation model by each business model which reflects various business environmental characteristics.

• Proceedings of the Korea Water Resources Association Conference
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• 2009.05a
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• pp.491-495
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• 2009

최근 하천의 환경 생태적인 기능의 중요성이 부각됨에 따라 하도 내 설치되어있는 보와 같은 하천횡단구조물은 하천의 환경과 생태계를 해치는 대표적인 수공구조물로 인식되어 가고 있다. 하지만 일부의 경우에는 보상류에 특수한 정수형 생태계가 나타나 생태적 가치를 증가시키는 경우도 있고, 수변공간 조성에 따른 친수성 증대의 효과도 있다. 따라서 보가 하천 상 하류 생태계에 미치는 영향을 정량적으로 평가하고 분석할 필요가 있다. 본 연구는 행정중심복합도시 예정지역내에 위치한 제천유역 하류부에 보와 같은 하천횡단구조물이 존재하지 않는 구간을 선정하였고, 가상적으로 대상구간 중간에 보 설정 후 높이에 변화를 주었으며, 그에 따른 보의 상 하류 구간에서 피라미의 물리서식처 변화를 2차원 물리서식처 모의 모형인 River2D를 적용하여 분석하였다. 그 결과 보의 상 하류 구간에서 피라미의 물리서식처 변화를 모의하였으며, 피라미의 물리서식처를 고려한 최적의 보 높이를 산정할 수 있었다.

• Journal of Korean Society of Transportation
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• v.25 no.6
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• pp.121-128
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• 2007

This paper suggests a way of estimating the value of interclass equity improvement by railway operations. Equity is understood in this paper in the context of a mobility gap between classes. The value of the reduced mobility gap by railway operations is interpreted as an increase of social equity. In particular, the unit value of equity improvement by rail services is quantified based on the amount of fare reduction through public service obligations. The difference in the surplus calculation between elastic and inelastic demands relative to the reduction is also discussed. The result of this study is expected to be helpful of performing more cautious appraisal for rail investment schemes.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.8 no.4
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• pp.881-893
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• 2007

IT(Information Technology)-based industries have caused a recent digital revolution and the appearance of various types' information service, being largely expanded toward info-communication device company, info-communication service company, software company etc.. Therefore, the needs to evaluate the company value of IT business for M&A or liquidation are growing tremendously. Unlike other industries, however, IT industry has a short lift cycle and so it doesn't have not only a company value-evaluating model for general businesses but the objective one for IT companies yet. So, this thesis analyzes various value-evaluating technique and newly rising ROV. DCF, the change method of company's cash flow including tangible assets into future value, had been applied during the past industrialization economy era and has been persuasively applied to the present. However, the DCF valuation has no option but to make many mistakes because IT companies have more intangible assets than tangible assets. Accordingly, it is ROV, recognized as the new method of evaluating companies' various options normally and quantitatively, that is brought up recently. But the evaluation on the companies' various options is too subjective and theoretical up to now and due to the lack of objective ground and options, it's not possible to be applied to reality. In this thesis, it is found that ROV is more accurate than DCF, comparing DCF and ROV through four examples. As the options applied to ROV are excessively limited, we tried to develop ROV into a new method by deriving five invisible value factors within IT companies. Therefore, on this occasion, we should set up the basic valuation methods on IT companies and should research and develop an effective and various valuation methods suitable to each company like an internet-based company, a S/W developing enterprise, a network-related company among IT companies.

• Proceedings of the Korea Water Resources Association Conference
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• 2017.05a
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• pp.91-91
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• 2017

전 세계적으로 인공습지는 도시화, 기후변화 및 생활수준 향상으로 인한 홍수와 가뭄, 하천생태계 변화, 수질오염과 같은 환경문제의 해결방안으로 제시되고 있다. 이에 따라 국내에서도 여러 목적과 형태의 인공습지가 조성되고 있다. 인공습지의 경우 특정 기능을 목적으로 하여 조성하더라도 인공적 생태계가 조성되므로 복합적 기능을 갖게 된다. 하지만 현재까지의 인공습지 조성 효과에 관한 연구는 한가지 기능에만 초점을 맞추어서 실제 인공습지 조성의 가치가 저평가되고 있다. 본 연구에서는 하천변 인공습지 조성에 따른 여러 효과 중 가장 주가 되는 홍수저감 및 수질개선 기능에 대한 효과를 분석하고 이에 따른 편익을 산정하였다. 먼저 인공습지의 적용 대상 유역을 선정하고 유역 내에 입지를 결정하여 이에 맞는 인공습지를 설계 및 적용하였다. 인공습지 조성에 따른 홍수저감 효과 및 수질개선효과를 각각 분석하였다. 분석 결과에 대해 MD-FDA를 통해 홍수피해액을 산정하였고 대체비용법을 통하여 동일한 수질개선 효과를 갖는 하수처리시설의 하수처리비 및 운영관리비에 해당하는 수질개선 편익을 산정하였다. 본 연구를 통해 인공습지의 홍수저감 효과뿐만 아니라 수질개선 효과를 확인하였으며 정량적인 분석방법을 통해 두 가지 기능에 대한 효과를 분석하여 보았다. 또한 산정된 홍수저감 및 수질개선 효과를 경제적 가치로 환산하여 보다 객관적인 지표로 나타내었다. 본 인공습지 조성에 따른 종합적 편익 산정 연구 결과는 다목적의 인공습지를 적재적소에 적용하는데 기여할 것이다. 추후 생태적 기능, 레크레이션 기능 등에 따른 기타 편익 산정 방법론 조사를 통해 각 기능의 편익을 추가한다면 인공습지 조성에 따른 편익을 종합적으로 고려할 수 있을 것으로 판단된다. 또한 인공습지 조성의 소요사업비 및 유지관리비를 산정하여 인공습지 조성에 대한 경제성분석을 한다면, 실제 인공습지 조성 사업 시 사업의 타당성을 평가하는 기초자료로 활용할 수 있을 것으로 기대된다.

• Journal of Korea Port Economic Association
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• v.24 no.1
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• pp.61-83
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• 2008

The meaning of "added value" refers to the contribution of the factors of production, i.e., land, labor, and capital goods, to raising the value of a product and corresponds to the incomes received by the owners of these factors. The importance of added value in service industry has been recognized as one of the critical factors to economic growth, even in logistics industry. But, it is hard to find out the previous studies providing a clear definition and framework for designing and analyzing the performance of Value Added Logistics(VAL). The purpose of this study is to define the meaning of extended VAL that extensively includes activities initiating and operating the reverse logistics under the closed-loop logistic scheme, and to suggest the framework that describes the partnerships among participants involving in operating the value added logistics. Also, in this paper, we emphasize on the need for investigation of added value logistics definition and framework based on previous academic studies, and examine various value added logistics service activities of current leading 3PL companies across the world. Finally, we suggest the analytic framework for value added logistics throughout closed-loop logistics.

• Journal of the Korean Society for Library and Information Science
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• v.52 no.1
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• pp.5-34
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• 2018

The small library evaluation index, which was previously developed and is currently in use, needs to be improved because of two major reasons: inefficient allocation of points along with evaluation items and detailed indicators that are different from the actual environment of small libraries; and the lack of value as basic data for preparing policies relevant to small libraries. Therefore, the present study proposed a small library operation evaluation index (draft) that includes not only a quantitative evaluation but also a qualitative evaluation that allows the evaluation of the basic purpose and value of small libraries by reflecting the demands of the small libraries that are being evaluated. The proposed small library operation evaluation index (draft) was made to be an evaluation for self-inspection that enables small libraries to autonomously conduct operation evaluation and gauge their level by diversifying the evaluation methods and the evaluation scale of detailed indicators.

• Journal of the Korean Society for Railway
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• v.20 no.1
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• pp.120-127
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• 2017

The South Korean rail authority is constructing a nationwide tourism belt by developing new rail tour routes in an effort to combine local tourism resources with rail service and to create value in regional areas. As massive financial resources are required to develop and operate such tourist trains, governing authorities are required to examine the feasibility of this project as a sound business model and to assess the public benefit and profitability of the project. In this study, the economic feasibility of the tourist trains was assessed with the contingent valuation method (CVM). According to an estimation of the willingness to pay of potential tour train passengers, the surveyed subjects were willing to pay fares that were higher than prices currently published at the time of this study, thereby demonstrating that the economic value they invest on tourist trains may be higher than published prices at the time. For instance, they were willing to pay 28.4% and 54.9% more for the O-train and V-train types, respectively, according to the study, suggesting that the quality as perceived by train passengers for tourist train services is relatively high. The study is significant in that it succeeded in quantifying the satisfaction level of tourist train passengers using quantitative data (additional funds people are willing to pay).