• Journal of Technology Innovation
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• v.12 no.2
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• pp.99-126
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• 2004

Japan's economic clusters are characterized by their high level of diversity. In essence, Japanese economic clusters are not limited to single industries; they comprise numerous manufacturing industries and firms which cluster in specific heterogeneous economic zones, vice political boundaries. Japanese manufacturing sectors are showing an increased level of diversity, resulting in the spread of experience and knowledge among clusters, and sustained growth at the point of industrial structural transformation. Japan's Ministry of Education, Culture, Sports, Science and Technology (MEXT) proposed the creation of intellectual clusters for the purpose of promoting research and development(R&D) activities resulting in the stimulation and development of new technologies. The Ministry of Economy Trade and Industry (METI) is also proposing the industrial cluster plan with the aim to promote the local rebirth and revitalization of the Japanese industrial sector. This paper proposes a methodological analysis which will result in the integration of the two policies currently implemented by the Japanese government. If the current policies are not coordinated and integrated, artificial firms and sectors will continue to hamper innovation and discourage competitiveness, which will ultimately result in Japan's loss of economic opportunities within Asia. In the worst case, failure to act on current economic deficiencies illuminated in this paper could cost Japan its position as an Asian economic leader.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.10 no.4
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• pp.27-37
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• 2015

Start up a company is critical to the regional economy and job creation and so get support from government and other organizations, but there are still exist of high rate of failure and CEO's stressful fear of failure. New firms are of utmost importance for the vitality of national economic driving forces but for those failed firms, they caused social and economic problems directly and indirectly, and brought frustration to the founders. The many education and research programs about entrepreneurship and venture creation were undertaken by the country and organizations, but the education and research about the vigilance of failed to start up company were almost ignored. If the attention can be put into the research about failed companies and the research can make the founders and pre-CEOs aware the failure of establishing a company, that would be very valuable as scenarios to see the company risks. This case study shows the finding the reasons which caused the failure of small venture companies and it's implications in the filed of establishing companies. The technology based venture company which had run 10 years in Daedeok's IT field was selected as the research object. The results show that the important factors such as entrepreneur characteristics(lack of communication and management knowledge), business management(lack of business expertise) and technology(loss of unique feature of product and lack of product extension) were the root cause of failures.

• Journal of the Korean Society of Safety
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• v.15 no.4
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• pp.62-68
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• 2000

Static electricity in electronics manufacturing plants causes the economic loss, yet it is one of the least understood and least recognized effects haunting the industry today. Today's challenge in semiconductor devices is to achieve greater functional density pattern and to miniaturize electronic systems of being more fragile by electrostatic discharges(ESD) phenomena. As the use of automatic handling equipment for static-sensitive semiconductor components is rapidly increased, most manufacturers need to be more alert to the problem of ESD. One of the most common causes of electrostatic damage is the direct transfer of electrostatic charge from the human body or a charged material to the static-sensitive devices. To evaluate the ESD hazards by charged human body and devices, in this paper, characteristics of electrostatic attenuation in domestic semiconductor devices is investigated and the voltage to cause electronic component failures is investigated by field-induced charged device model(FCDM) tester. The FCDM simulator provides a fast and inexpensive test that faithfully represents ESD hazards in plants. Also the results obtained in this paper can be used for the prevention of semiconductor failure from ESD hazards.

• Journal of Korea Technology Innovation Society
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• v.8 no.3
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• pp.1175-1198
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• 2005

The objective of the study is to verify the relationship between technology valuation indexes and corporate's performance in ventures by business operating periods. The result of the study is expected to be useful in loan evaluation, investment decision, internal management decision making and business improvement. The results of study is as follows. First, in early stage ventures, we find that three major valuation index(technology feasibility, economic efficiency, productivity) are significant ex-ante variables which are discriminating between firms' going concern and firms' failure. Second, in growth stage ventures, we find that three major valuation index(business feasibility, general marketability, technology marketability) are significant ex-ante variables which are discriminating between firms' going concern and firms' failure. Third, in early stage ventures, we find that at least thirty-eight minor valuation index elements are significant ex-ante variables which are discriminating between firms' going concern and firms' failure and in growth stage ventures, thirty-one minor valuation index elements are significant in various analysis' results.

• Proceedings of the KSR Conference
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• 2008.11b
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• pp.1463-1472
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• 2008

The present paper to relate with the maintenance of the high-speed vehicle, KTX and is to treat a reliability evaluation. The reliability of the high-speed vehicle while operating between-failure average mileage (MKBSF) and parts between-failure average mileage (MKBF), 1,000,000 per km service failure number of items and availability and per km evaluated a maintenance expense. The reliability evaluation results and 2007 year reliability management indexes compared in 2006 years and they improved, per km the maintenance expense compared at 2006 and 36.6% was decreased. Reliability management activity leads and availability of the high-speed vehicle, safety improves and with the fact that will be able to decrease the maintenance expense which is an economic scale of railroad service is expected.

• The Journal of Economics, Marketing and Management
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• v.8 no.1
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• pp.12-19
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• 2020

Purpose - Strategic causes for the failure include unrealistic growth, overexpansion, unfamiliar new markets, volume obsession, unrealistic promises and poor project selection. Organizational causes are insufficient capital and profits, lack of business knowledge, poor financial management, poor sales skills, inadequate marketing, poor leadership, poor leadership transfer, project losses, poor field performance and owner bankruptcy. Uncontrollable causes include industry and economic weakness and banking and surety changes. While helpful, the list provides insufficient clarity regarding the causal roots of failure. Research design, data and methodology - The research framework to organize the information involved with many of the recent and large failures in the industry. Results - This research then identified five dominant root causes - excessive egoism, poor strategic leadership, too much change, loss of discipline and inadequate capitalization. Conclusion - Finally, additional input from external forces may accelerate the firm's pace to failure. It is important on the development of diagnostic tools that are based on this model and that will provide new ways to assess a conglomerate's level of risk for incurring a financial crisis.

• KDI Journal of Economic Policy
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• v.30 no.1
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• pp.171-209
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• 2008

The Great Depression is one of the most important economic incidents in the twentieth century. A significant and long-lasting impact of this event is the rise of the government intervention to the economy. Under the catastrophic downturn of the economic condition worldwide, people required their government to play an active role for economic recovery, and this $mentalit{\acute{e}}$ prolonged even after the Second World War. Social science textbooks taught at Korean high schools mostly referred to the Great Depression for explaining the reason of government intervention in economy. However, the mainstream view commonly found in the textbooks provides a misleading theological interpretation. It argues that inherent flaws of the market economy causes over-production/under-consumption, and that this mismatch ends up with economic crisis. The chaotic situation was resolved by substitution of the governments for the market, and the New Deal was introduced as the monumental example ('laissez-faire economy ${\rightarrow}$over-production${\rightarrow}$the Great Depression${\rightarrow}$government intervention${\rightarrow}$economic recovery'). Based on economic historians' researches for past three decades, I argue that this mainstream view commits the fallacy of ex-post justification. Unlike what the mainstream view claims, the Great Depression was neither the result of the 'market failure', nor the recovery from the Great Depression but was due to successful government policies. For substantiating this claim, I suggest three points. First, blaming the weakness or instability of the market economy as the cause of the Great Depression is groundless. Unlike what the textbooks describe, the rise of the U.S. stock price during the 1920s cannot be said as a bubble, and there was no sign of under-consumption during the 1920s. On the contrary, a new consensus emerging from the 1980s among economic historians illustrates that the Great Depression was originated from 'the government failure' rather than from the 'market failure'. Policymakers of European countries tried to return to the gold standard regime before the First World War, but discrepancies between this policy and the reality made the world economy vulnerable. Second, the mainstream view identifies the New Deal as Keynesian interventionism and glorifies it for saving the U.S. economy from the crisis. However, this argument is not true. The New Deal was not Keynesian at all. What the U.S. government actually tried was not macroeconomic stabilization but price and quantity control. In addition, New Deal did not brought about economic recovery that people generally believe. Even after the New Deal, industrial production or employment level remained quite low until the late 1930s. Lastly, studies on individual New Deal policies show that they did not work as they were intended. For example, the National Industrial Recovery Act increased unemployment, and the Agricultural Adjustment Act expelled tenants from their land. Third, the mainstream view characterizes the economic order before the Great Depression as laissez-faire, and it tends to attribute all the vice during the Industrial Revolution era to the uncontrolled market economy. However, historical studies show that various economic and social problems of the Industrial Revolution period such as inequality problems, child labor, or environmental problems cannot be simply ascribed to the problems of the market economy. In conclusion, the remedy for all these problems in high school textbooks is not to use the Great Depression as an example showing the weakness of the market economy. The Great Depression should be introduced simply as a historical momentum that had initiated the growth of government intervention. This reform of high school textbooks is imperative for enhancing the right understanding of economy and history.

• Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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• v.29 no.5
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• pp.94-99
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• 2015

Prediction algorithm of the energy storage system in accordance with the load pattern can cause economic loss in case of a failure prediction. In addition, algorithm that uses TOU(Time of Use) based on the revelation by the power electric charge which covers most simply is an inefficient operation because it is only for the purpose of reducing the peak power. In this paper, we introduced a non-prediction algorithm with a conventional TOU in order to solve this problem operating the energy storage system economic and efficient.

• Economic and Environmental Geology
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• v.50 no.2
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• pp.129-143
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• 2017

The shallow sediments in the southwestern Ulleung Basin consist of mass flow deposits such as slide/slump and debris flow deposits (DFD), caused by slope failure. These sediments are proven to be important in studying geological disaster and stability of the seafloor. In this paper, we analysised the flow accumulation and slope failure susceptibility of the Ulleung Basin on the basis of multi-beam data, collected in this area. We also studied the distribution pattern and the seismic characteristics of the DFD in the uppermost layer of the Ulleung Basin on the basis of seismic data. The slope susceptibility was calculated as the frequency ratio of each factors including slope, aspect, curvature and stream power index (SPI), which causes the slope failure. These results indicate that the slope failure is frequently to occur in the southern and western continental slope of the Ulleung Basin. The sediment flow (mass flow) caused by the slope failure converges to the north and northwest of the Ulleung Basin. According to the seismic characteristics, the uppermost layer in study area can be divided into four sedimentary unit. These sedimentary units develop from the south and southwest to the north and northwest in association with slope susceptibility and flow accumulation.

• Journal of Korean Society of Steel Construction
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• v.16 no.3 s.70
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• pp.333-344
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• 2004

In civil engineering applications, the establishment of standards and procedures for analysis, design, fabrication, construction, and quality control are essential in facilitating the economic and efficient use of composite materials. Many bridge systems, including girders. cross beams, and concrete decks, function as specially orthotropic plates. in general, the analytical solution for such complex systems is very difficult to achieve. Thus, the finite difference method is used for the analysis of the problem. The rate of tensile strength reduction due to increased size is considered. Strength reduction is necessary to ensure the safe design of building structures. This paper suggests the use of a strength-failure analysis procedure using the reduced tensile strength. A numerical study is conducted for different cases. The Tasi-Wu failure criterion for stress space is also used.