• Knowledge Management Research
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• v.8 no.1
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• pp.49-63
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• 2007

This paper presents a new methodology that allows the influence of technological obsolescence and technology composite competitiveness to estimate technology economic life. In this paper the patent citation life analysis is used to estimate technology representative life, and technology residual life analysis is employed to estimate residual life using the linear and inverse functions. The technology economic life will be determined by combining the estimation results of patent citation life analysis and technology residual life analysis. This paper includes an example of applying it to the US patent data for 5 communications areas. Therefore, this logical concept can be applied usefully to determine the technology economic life and be expected to contribute to obtain credibility of technology valuation.

• Advances in nano research
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• v.14 no.1
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• pp.67-80
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• 2023

Economic investigation is one of the main issues regarding the design and production of small-scale structures. This paper concerns the creation, implementation, and economic aspects of the cross-section profile of small-scale structures regarding the dynamic response of the free and forced vibration behavior of spinning nanoscale beams based on big data analysis. According to the financial analysis, the three practical non-uniform functions of cross-sections are compared to the uniform beam in the same weight and the equal material used. The previous studies reported that the uniform beams are more stable and contain a better frequency response based on the mechanical analysis. Still, concerning the economic investigation, which means the considered structures should have equal length and have the same weight in the aspect of material used, the conclusion can be different from the mechanical aspect. Consequently, in the current paper, the dynamic response along with computer technology as well as the big data analysis of the free and forced vibration of the nanobeam regarding the economic shape of the cross-section is scrutinized.

• Journal of the Korean Geosynthetics Society
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• v.1 no.1
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• pp.53-61
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• 2002

Even though a lot of laboratory and field tests for asphalt pavements using geosynthetics have been conducted recently, any rational and systematic analysis for the economic efficiency of the asphalt pavement systems reinforced by using geosynthetics has not been proposed yet. In this study, the economic analysis considering the traffic characteristics for the glass fiber sheet reinforced asphalt pavement was performed using the Life Cycle Cost Analysis(LCCA) which is commonly used for the economic analysis technique. The economic efficiency for the glass fiber sheet reinforcement and the traffic characteristics was examined by applying the test results from the literature review to the economic analysis model.

• The Journal of Fisheries Business Administration
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• v.40 no.3
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• pp.189-205
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• 2009

This study is aimed to analyze the economic feasibility comparison of the extruded pellets and moist pellets on the Oliver flounder culture farms in Jeju Island. In order to do this, we selected 2 farms (M and S farms) in Jeju Island as a sample. In the study, various analyses including productivity analysis, cost structure analysis, profitability and economic feasibility analysis by feed type were conducted for two sample farms of Oliver flounder culture. The results of economic analysis by feed type on the Oliver flounder culture can be summarized as follows; First, there were not significant differences in productivity by feed type. Second, results of the profitability analysis on farm M by feed type showed the profitability was estimated to be 15.52% and 9.83% in EP and MP, respectively. In addition, the profitability of farm S was estimated to be 28.37% and 33.72% in EP and MP, respectively. Third, results of the economic analysis on farm M by feed type indicated that an internal rate of return(IRR) was 8% and 7% and a benefit-cost ratio was shown to be 1.64 and 1.11 in EP and MP, respectively. Furthermore, the economic analysis of farm M by feed type showed that an IRR was 19% and 24% and a benefit-cost ratio was calculated to be 1.4 and 1.51 in EP and MP, respectively. In summary, it is especially emphasized that economic valuation is not related to feed types (EP and MP). Finally, in order to improve the economic feasibility, it should be more focused on the efficient business management of the Oliver flounder aquaculture.

• Journal of Power System Engineering
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• v.21 no.4
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• pp.51-56
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• 2017

The purpose of this study is to suggest economic analysis for piezoelectric power. Economic analysis method uses california standard test. Perspectives of california standard test is participant test, ratepayer impact measure test, program administrator cost test and total resource cost test. This study identifies the cost and benefit components. This study identifies benefit-cost calculation procedures from four test : participant test, ratepayer impact measure test, program administrator cost test and total resource cost test. In the economic analysis, the order of benefit cost ratio in piezoelectric power shows total resource cost test, program administrator cost test, ratepayer impact measure test and participant test.

• Korean Journal of Organic Agriculture
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• v.19 no.3
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• pp.329-341
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• 2011

This study empirically analyzes the economic validity of rape farmers. The analysis of economic evaluation is based on the benefit-cost analysis. Previous studies have undoubtedly expanded our understanding of the importance of substitution effects on a rapeseed for bio-fuels. However, earlier studies have mostly dealt with the concept of biodiesel's economics analysis, but this paper's attentions have been paid to the economic analysis of farm. The aim of this paper is suggesting the most appropriate policy brings about why farmhouses should cultivate the rape. To answer this question, this paper adopts a scenario analysis and the B/C ratio is used.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.57 no.8
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• pp.1327-1333
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• 2008

Since Cost Based Pool markets has been continued to power markets, Genco. needs economic analysis about investment in power plants. Particularly most Private Genco.s have presently a construction plan about LNG combined cycle thermal power plants. In this paper, we propose a economic analysis method of LNG combined cycle thermal power plants using Economic Dispatch and Optimal Power Flow in CBP markets. Also we develope computation model using it for decision making to build a plant. This method can consider a variation of power facility like power plants and transmission lines in CBP markets. Finally, this dissertation provides a relevant case study to confirm the effect of cost factor to economical efficiency.

• Asian Journal of Innovation and Policy
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• v.6 no.1
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• pp.94-110
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• 2017

This paper approaches knowledge capital as social infrastructure and analyzes its impact on economic growth. To this end, we constructed a panel dataset for 120 countries for the years 2000-2014 and estimated the economic growth function using the panel analysis. As proxies for knowledge capital, we used the R&D expenditure per capita and the number of patent applications per thousand people in each country, both measured in stock. Economic growth was measured in terms of real GDP per capita and real value added per capita at the industry level. The empirical findings demonstrate that knowledge capital accumulated in a society significantly promotes economic growth. Especially R&D stock increases real value added per capita in all industries-not only manufacturing, but also services and agriculture-implying substantial inter-industry spillover effects. The findings of this study suggest that knowledge capital boosts economic growth as core social infrastructure.

• International Commerce and Information Review
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• v.9 no.1
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• pp.313-331
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• 2007

In a rapidly changing environment of international trade, the purpose of this study is to examine economic benefits and losses of each country involved in the negotiation on the Free Trade Agreement (FTA) in Northeast Asia and to prepare strategies for the negotiation in the FTA between Korea and China. Previous researches on FTA have been made mainly from the macroeconomic perspective. The approach in this study is a combination of regulatory, reviewing regulations, and economic making quantitative analysis of the economic effects of FTA, which are the basic background of FTA. In economic analysis, I estimated the macroscopic economic effects of FTA by examining the effects of FTA on the trade balance, GDP and production of focal countries through the Computable General Equilibrium(CGE) model using GTAP data set.

• Journal of Convergence for Information Technology
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• v.11 no.6
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• pp.113-119
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• 2021

Since the weapon system project has a large ripple effect on the country by investing a huge budget, analysis of acquisition methods that secured economic feasibility is required in the planning stage to promote the weapon acquisition project. In response to this demand, economic analysis for acquisition method is preformed in the research stage of previous studies, but the analysis on economic analysis for acquisition alternative is imperfect at the present. In this research, we identify the limitations of the effect analysis and propose an additional cost-benefit analysis method to analyze the economic feasibility of the acquisition alternative. It is possible to present the universal results of economic feasibility analysis for not only multiple alternatives but also single alternatives by presenting benefit/cost ratio. It is applied to research on acquisition project of OO guided rocket, and the result of economic analysis for each alternative is presented.