• KIEE International Transactions on Power Engineering
• /
• v.5A no.4
• /
• pp.339-343
• /
• 2005

Hydrogen, as a future energy source, is thought as an alternative of fossil fuel in view of environment and energy security. Hydrogen has the properties of both fuel and electricity so that it can make the energy paradigm shift in the future. Therefore, researches on hydrogen in power system area are essential and urgent due to their huge effects on current paradigm. In this paper, the visions and technical challenges of hydrogen in power system are reviewed as energy storage, dispersed generation (DG), DC generator, and combined heat and power (CHP).

• Proceedings of the KIEE Conference
• /
• 2005.07a
• /
• pp.486-488
• /
• 2005

Hydrogen, as a future energy source, can be a good alternative of fossil fuel in view of environment and energy security. Hydrogen can be both fuel and electricity so that it will greatly change energy paradigm. Therefore, researches on hydrogen in power system area are essential and urgent due to their huge effects. In this paper, the importances and meanings of hydrogen in power system are reviewed as energy storage, DC generator, dispersed generation (DG), and combined heat and power (CHP). Technical challenges in hydrogen economy are also listed.

• East Asian Journal of Business Economics (EAJBE)
• /
• v.5 no.1
• /
• pp.1-9
• /
• 2017

Nigeria like many other developing countries' eagerness to accelerate socio-economic development has prompted her to adopt several approaches over the years since independence. These have ranged from the import substitution scheme, the indigenisation policy, and structural adjustment programme to the national economic empowerment development strategy. Nigeria has sought to widen her economic base by engaging in increased cross-border trade and investment activities. This is with a view to spurring the process of industrialization and ultimately lowering the level of poverty in the country. This has led to the formulation of various industrial policies and processes, all geared towards integration into the world economy. Using secondary sources, this paper seeks to analyze Nigeria's journey towards industrial development especially within the context of globalization. It concludes by explaining the impact of the new economic paradigm on the country's quest to industrialize and recommends alternative path towards development and growth.

• Management & Information Systems Review
• /
• v.7
• /
• pp.381-400
• /
• 2001

Our country has been encountered with severe economic depression since IMF loan(1997). Korean economic system should be reformed according to the globalization and the world industrial trends based on adavanced technologies and skills. Todays the venture business should be considered to be the alternative of recovering Korean economy and increasing highly estimated values. Generally speaking, the venture business is defined as a new business with high risk-high return with new technical entrepreneurship. This treatise suggests the activating alternatives of the venture business in Korea. These alternatives are suggested as follows. First, several measures to incruit excellent technicians are suggested. These measures includes incruitment of parttime technicians, application of cooperative program of education training unemployees, the stock option system, a stock-sharing plan for the employees, etc. Second, in the financial aspect, activation of the foundation investment company, activation of the COSDAQ market, strengthening of technology security are suggested. Third, in the technical development aspect, amplification of inauguration assistant center, construction of technology accumulative network, etc. These measures will contribute to the development of Korean economy and the welfare of Korean people.

• Journal of Korean Society of Industrial and Systems Engineering
• /
• v.31 no.4
• /
• pp.177-187
• /
• 2008

It is very important to select optimal investment alternative. The common method of economic evaluation is to compare of NPV, FW, AE by MARR, or the rate of return for the cash flow of alternatives. This method is undergoing by assumption that cash flow can be always evaluated by MARR, but the cash flow is not always increased or discounted like MARR. So this paper suggests a model on an economic analysis and evaluation regarding to various cash pattern, that is helpful for the person in the field to use easily.

• Journal of the Korea Safety Management & Science
• /
• v.19 no.1
• /
• pp.191-201
• /
• 2017

Recently, de-industrialization phenomenon has been intensified in global. It caused negative issues of manufacturing economy, so many countries are carrying out a policy to protect and promote their manufacture industry. Also in Korea, government is implementing a policy to promote their manufacture based technique and process. It was named "Ppuri industry". We studied how important Ppuri industry is in Korean manufacture economy and the relation of between the metal industry and Ppuri industry. Finally, we analyze the problem of korean promotion policy of Ppuri industry and suggest an alternative policy.

• Journal of the korean Society of Automotive Engineers
• /
• v.13 no.3
• /
• pp.49-57
• /
• 1991

Natural gas is one of the most promising alternative fuels for automative vehicles, because it has lower exhaust emissions and better fuel economy characteristics than gasoline and can be used in conventional engines with a little modification. In the present study, a conventional gasoline engine was modified to a CNG dedicated engine, which can be operated with CNG( compressed natural gas) only, and a engine bench test was performed at various compression ratios. As a result, it was revealed that the prototype CNG engine can be operated with lower exhaust emissions, better fuel economy and better thermal efficiency, but with a sightly reduced brake horse power, compared to the conventional gasoline engine.

• Information Systems Review
• /
• v.18 no.1
• /
• pp.157-175
• /
• 2016

Under the market economy of capitalism, several limitations reveal the inequity and redistribution problem of wealth, inefficiency of over-manufacturing and over-consumption, pollution of the natural environment, and the constraint of human liberty and dignity. The new challenge of symbiotic relationships that encourage individual corporations coincides with the need to practice social responsibility and share values to overcome these limitations. Social economy and the social enterprises that simultaneously pursue the making of corporate private profits and the realization of social values have been suggested and disseminated as alternative social value creators. Furthermore, the concept of a sharing economy, which refers to the sharing of things rather than owning them, is growing traction as a new paradigm of capitalism. However, these efforts of social enterprises have fallen short against the conflicts between private profit and social values. This study deals with the case of a start-up social corporation, "Purun Bike Sharing Inc.," which is based on a regional sharing economy business model about bike rental services that use Information and Communication Technology (ICT). This corporation pursues harmonic management to achieve a balance between private profit and social value. Its corporate mission is to achieve sharing, coexistence, and contribution for public welfare. This mission is a possible idea for use in the local community network as a core key for sustainable social enterprises. The model can also be an alternative approach to overcome the structural friction in the social corporation. This study considers the case of Purun Bike Sharing as a sustainable way to practice a sharing economy business model based on a regional cooperation network, which can be combined with social value, and to apply ICT to a sharing economy system. It also examines the definition and current state of social enterprises and the sharing economy, and the cases of the sharing economy business model for the review of prior research.

• Journal of the Korean housing association
• /
• v.16 no.2
• /
• pp.37-44
• /
• 2005

The development of farm villages into ecovillages aims at creating an alternative that reconciles the environment with economy, the two practical issues faced by farm villages. Recently various projects are being carried out to resolve the weak competitiveness of farm villages and to induce environment-friendly development, but they have basic limitations in improving farm villages. Thus, the present study purposed to examine the possibility of transforming farm villages into ecovillages as an alternative for solving these problems more effectively. Thus this study selected Sori Village to experiment the possibility of transforming farm villages into ecovillages, presented the process of planning using environmental planning indicators, and verified its validity through designing an experimental model.

• Hwankyungkyoyuk
• /
• v.10 no.2
• /
• pp.325-338
• /
• 1997

Review of the global change in various energy usages and resulting environmental impacts were made in terms of population increase, economic development and energy consumption. Greater use of fossil fuels in past couple of centuries give rise to acid rain and gradual climate changes mainly due to Green House inducing gases emissions from fossil fuel combustion. In view of the forthcoming Kyoto conference in December, various alternative options were assessed. To cope with rapidly developing robust Korean economy, the alternative energy options for the sustainable development in 21st Century would be the wider use of Nuclear Energy in parallel with constrained use of fossil fuel and renewable energy development. However there are many hurdles to overcome. One of the most important element is to improve public acceptability of those alternatives. Since public acceptance depend heavily upon individual perception on specific energy technology applications, the basic energy technologies education from primary up to high school education and the related curriculum organization is important. The suggested improvement in education for Nuclear Energy Application was made on the basis of advanced industrial countries with substantial Nuclear Energy Application programs.