• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.17 no.4
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• pp.1-16
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• 2022

This paper studies the impact of regulatory approaches on innovation and entrepreneurship. As technological progress and environmental changes avail new business opportunities to innovative startups, many governments find it difficult to regulate new and unprecedented businesses promoted by the innovative firms. In order to provide academic and practitional implications on the regulatory design with which to support innovation and entrepreneurship, this paper aims to review classical theories on the demand and supply of regulation as well as empirical research on the impact of regulation on market entry and incentives for innovation. Based on the findings, this paper discusses the recent controversies around the regulatory approaches on new businesses pursued by startups, which are as known as the "positive regulatory approach" vs. "negative regulatory approaches" among practitioners and policy makers in Korea. This paper claims that the Korean context provides an useful opportunity to investigate how the ongoing transition of the once "fast follower" economy into a pacesetter one changes the nature of businesses pursued by firms, investors, and related market players and, accordingly, calls for the changes in the way the government intervenes in markets to regulate businesses of firms. By doing so, this paper sheds light on the role of the government in establishing an entrepreneurial ecosystem where innovative ideas of startups can be tested and nurtured.

• Journal of Energy Engineering
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• v.26 no.4
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• pp.107-117
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• 2017

Since South Korea started to apply Renewable Portfolio Standard (RPS) in 2012, there have been huge investment for deploying renewable technologies. Recently, the government determined to incentivize battery energy storage system(BESS) with renewable generations in order to induce the improvement of dispatching capability. In this paper, the annual pattern of PV generation based on actual generation data in South Korea is analyzed and the duration curve of capacity factor is proposed in order to provide the simplified analyzing methodology of present support policy for additional BESS installation for decision maker who is responsible for supply and demand planning. With suggested methodology, the range of appropriate BESS size with respect to the variation of system marginal price(SMP) and renewable energy certificate(REC) price can be derived briefly, and decision makers easily evaluate the effect of support scheme. Current policy for BESS installation support present additional BESS-related installation policy may give incentives to developers partially, however, the dependence between BESS size and benefit components (SMP and REC) can limit the deployment of the various portfolios of the BESS. Therefore, when improving the current policy in future, addressing the dependence between the technical aspects of battery size and the benefit components separately by the technical and economical parts is needed to set the suitable compensation rules for the renewable generation and BESS.

• The Journal of the Korea Contents Association
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• v.21 no.9
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• pp.360-371
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• 2021

The advent of virtual currencies has heightened interest in the Central Bank Digital Currency (CBDC) issued by the central bank. Recently, central banks in some countries have already decided to issue CBDCs or are in the test phase. This study will be an opportunity to compare public and private perceptions of central banks and explore various issues related to the introduction of CBDCs in the future through analysis methods of big data.

• Journal of the Korean Geographical Society
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• v.36 no.5
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• pp.578-592
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• 2001

Based on a survey sample of farm households in three provinces of Korea, this article reports the perspectives of fuel-time farmers regarding trade liberalization, its effects on their lives, and the future of small-scale farming. While the agricultural sector is being transformed under neoliberal policies, farmers, with life or no preparation for a global market order, are forced to modernize their farming operations. The findings from the survey indicate that farmers accede to terms of global integration in principle while disapproving state rural policies in practice. The survey data also confirm that intra-regional differences in farmers'perceived satisfaction with living conditions, government farm policies, and socio-economic/labor issues. Disparities in the degree of discontent with government policies and socio-economic well-being are explicit between the relatively diversified region of Kyonggi Province and the farming-dependent regions of Chunbuk and Kyongbuk Provinces. The overall findings uphold that most farmers who have not been fully exposed to free market mechanisms are confronted by increased uncertainties and economic hardships. The findings propound that agricultural/rural policies need to reflect long-term, macroeconomic changes, and regionally/locally-based agricultural structure.

• Journal of Arbitration Studies
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• v.24 no.2
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• pp.33-52
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• 2014

Although climate change is a global scale question, some concerns have been raised that principles of investment arbitration may not adequately address the domestic implementation of climate change measures. A recent ICSID investment arbitration of Vattenfall v. Germany with regard to the investor's alleged damages from the phase-out of nuclear plants is a salient climate change case. The 2005 Kyoto Protocol was made to reduce greenhouse gas emissions and it provides a number of flexible mechanisms such as Joint Implementation (JI) and Clean Development Mechanism (CDM). Implementation of the Kyoto Protocol allows dispute settlement through investor-state arbitration. Any initiation of stricter emission standards can violate the prohibition on expropriations in investment agreements, regardless of the measures created to reduce greenhouse gas emissions. The effect-based expropriation doctrine can charge changes to existing emission standards as interference with the use of property that goes against the legitimate expectation of a foreign investor. In regulatory chill, threat of investor claims against the host state may preclude the strengthening of climate change measures. Stabilization clauses also have a freezing effect on the hosting state's regulation and a new law applicable to the investment. In the fair and equitable standard, basic expectations of investors when entering into earlier carbon-intensive operations can be affected by a regulation seeking to change into a low-carbon approach. As seen in the Methanex tribunal, a non-discriminatory and public purpose of environmental protection measures should be considered as non-expropriation in the arbitral tribunal unless its decision would intentionally impede a foreign investor's investment.

• Journal of the Korean Society for Marine Environment & Energy
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• v.10 no.1
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• pp.44-52
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• 2007

Integrated Coastal Management(ICM) has been recommended by international organizations and experts as a desirable way of dealing with the current problems of ocean pollution and ocean conservation and dealing with the conflicts among the various users of coastal and ocean resources. As a response, the Korean government legislated Coastal Management Act in 1999. following the Act, local governments were required to make a local integrated coastal management plan(LICMP). Though the LICMPs are made, it is not easy to put LICMP in effect, because the mandates of the Coastal Management Act are not clear and there are conflicts regarding the jurisdiction of the coastal areas among relevant departments of the government and because it is not easy to monitor and supervise the activities along the vast areas of coasts and oceans. The traditional method of Implementing the LICMP was not simply feasible. Community-based approach to the ICM was proposed as an alternative to the traditional method. This study aims to examine and introduce the community-based network of organizations as an alternative form of organization best suited to the integrated coastal management. This study is composed of four major parts. First, it examines the advantages of the network as a form of organization vis-vis the market and the hierarchy. Second, it reviews three well-known cases of integrated coastal management programs - Xiamen ICM program in China, Coastcare in Australia and Atlantic Coastal Action Program in Canada. Third, on the basis of the case study, it proposes principles and guidelines which we need to consider when we introduce the community-based approach to the ICM in Korea. Fourth, this study also reports on the actual networking processes in Yeosu City(the Yeosu Network for the effective implementation of integrated coastal management plan). The networking in Yeosu will serve as a demonstration of networking various stake-holders concerned with the balance between the development and conservation of finite ocean resources.

• Journal of Digital Convergence
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• v.16 no.7
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• pp.35-45
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• 2018

Research on the establishment of new governance aimed at efficient policy planning and the implementation thereof by the government has been conducted in response to social changes. Nonetheless, governance is comprehensive and encompasses different meanings; it takes various forms in the process of its actual application. Therefore, systematic classification of research on governance and analysis on its research trend are required. Accordingly, three researchers who majored in policy sciences, business informatics, and library and information science, respectively, searched for theses related to governance published since 2016 from Research Information Sharing Service and conducted a social network analysis (SNA) on them. According to their research results, the main research topics were largely classified into collaborative governance and local governance. Keywords throughout the topics included network, participation, conflict, and trust in line with the characteristics of governance. Representative subjects of governance included education, urban regeneration, and the environment. Further, measurement of betweenness centrality showed local governance was a main topic for convergent research. This study will lead to a greater understanding of research on governance and help activate such research. One limitation of this study is that it analyzed only theses with the keywords but not all theses on governance. Follow-up research should analyze all theses on governance and statistically verify them with SNA indexes.

• Journal of Wetlands Research
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• v.26 no.1
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• pp.10-20
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• 2024

The conservation and restoration of wetlands are essential tasks for the sustainable development of human society and the environment, providing vital benefits such as biodiversity maintenance, natural disaster mitigation, and climate change alleviation. This study aims to analyze the strategic interactions and interests among various stakeholders using game theory and to provide significant grounds for policy decisions related to wetland restoration and development. In this study, hypothetical scenarios were set up for three types of cities: large, medium, and small. Stakeholders such as governments, development companies, environmental groups, and local residents were identified. Strategic options for each stakeholder were developed, and a payoff matrix was established through discussions among wetland ecology experts. Subsequently, non-cooperative game theory was applied to analyze Nash equilibria and Pareto efficiency. In large cities, strategies of 'Wetland Conservation' and 'Eco-Friendly Development' were found beneficial for all stakeholders. In medium cities, various strategies were identified, while in small cities, 'Eco-Friendly Development' emerged as the optimal solution for all parties involved. The Pareto efficiency analysis revealed how the optimal solutions for wetland management could vary across different city types. The study highlighted the importance of wetland conservation, eco-friendly development, and wetland restoration projects for each city type. Accordingly, policymakers should establish regulations and incentives that harmonize environmental protection and urban development and consider programs that promote community participation. Understanding the roles and strategies of stakeholders and the advantages and disadvantages of each strategy is crucial for making more effective policy decisions.

• Journal of the Korean Association of Geographic Information Studies
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• v.16 no.2
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• pp.114-128
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• 2013

Rapid industrialization and economic growth have led to serious problems including reduced open space, environmental degradation, traffic congestion, and urban sprawl. These problems have been exacerbated by the absence of effective conservation and governance, and have resulted in various social conflicts. In response to these challenges, many scholar and government hope to achieve sustainable development through the establishment and management of environment-friendly planning. For this purpose, we would like to analyze functional change for ecosystem by future land-use/cover changes in South Korea. Toward this goal, we predicted land-use/cover changes from 2010 to 2060 using the future population of Statistics Korea and urban growth probability map created by logistic regression analysis and analyzed ecosystem service value using costanza's coefficient. In the case of scenario 1, ecosystem service value represented 6,783~7,092 million USD. In the case of scenario 2, ecosystem represented 6,775~7,089 million USD, 2.9~7.6 million USD decreased compared by scenario 1. This was the result of area reduction for farmland and wetland which have high environmental value relatively according to urban growth by development point of view. The results of this analysis indicate that environmentally sustainable systems and urban development must be applied to achieve sustainable development and environmental protection. Quantitative analysis of environmental values in accordance with environmental policy can help inform the decisions of policy makers and urban developers. Furthermore, forecasting urban growth based on future demand will provide more precise predictive analysis.

• Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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• 2018.10a
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• pp.247-250
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• 2018

정부는 국내산 풀사료의 경쟁력을 강화하기 위해 풀사료용 기계장비 및 제조비 등의 지원에 해마다 1,000억 이상의 예산을 사용하고 있다. 이에 수반한 보조금의 공정한 집행을 위한 절차와 서류는 매우 복잡하기 때문에 집행 및 정산에 상당한 행정비용이 발생하여 국내 생산 확대의 걸림돌로 적용하고 있는 실정이다. 또한 풀사료는 생산시점의 환경(습도, 온도 등), 수분함유량, 압축압력, 풀사료 품종 등에 따라 품질이 달라지는데 품질기준이 미흡해 유통활성화에 걸림돌이 되고 있다. 풀사료 생산이력 정보 수집에 필요한 센서, IoT 통신기술 등은 상용화 수준에 도달했으나 풀사료 생산현장에 적용하기 위해서는 풀사료 수확기 등과의 통합이 필요하고, 데이터에 기반한 과학적 정책 입안을 위한 기반 데이터 축적이 필요하다. 이를 위해 본 연구에서는 국내산 풀사료의 생산량 증대 및 유통 활성화를 위한 IoT 기반의 풀사료 생산이력관리 시스템을 개발 중으로, 우선 관리 기준이 되는 표준 데이터를 정립해 DB화(化) 하고, 풀사료 수확현장에서 필요한 데이터를 확보하기 위한 생산이력 생성장치 및 생산이력 수집장치와 이를 IoT망을 활용해 전송하기 위한 생산이력 송신장치를 개발하며 수집된 데이터를 통합 데이터베이스화(化) 하여 다양한 사용자에게 유무선 인터넷을 활용해 정보를 제공하는 웹/앱을 개발 중이다. 개발을 위한 핵심 기술로는 풀사료 수확기에 부착된 다양한 센서에서 생성되는 압력 등의 데이터를 실시간으로 취득하는 기술, 제어용 컨트롤러 설계 기술, 센서 데이터 가공 기술, IoT망을 이용한 실시간 전송 기술, 풀사료 통합 DB 구축 기술, Full Stack JavaScript 기술 등이 있다. 본 시스템를 풀사료 현장에 적용하면 풀사료 현장 조사 시간 및 비용 절감, 풀사료 생산/유통/보조 업무 전반의 효율화 및 투명화, 생산이력제 정착으로 풀사료 온라인 유통 활성화 및 물류비 절감, 센서, 측정장치, 표기장치 판매 및 유지보수 등 농업분야 신규사업 창출이 가능하다.