• Title/Summary/Keyword: Ecosystem valuation

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Introduction and Application of Conceptual Framework and Assessment of Ecosystem Services in Applied Ecological Engineering (응용생태공학에서 생태계서비스의 개념틀과 평가체제의 도입과 활용)

  • Joo, Wooyeong;Ahn, SoEun;Joo, Jin Chul;Cho, Dong-Gil;Bahn, Gwon Soo;Jung, Jinho;Hyun, Kyoung Hak
    • Ecology and Resilient Infrastructure
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    • v.6 no.1
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    • pp.69-76
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    • 2019
  • Ecosystem services are contributing to human welfare by enabling us to maintain our survival and quality of life. A metod of quantifying ecological functions is needed. We discussed the introduction and applications of ecosystem services to applied ecological engineering. The concept and assessment system of ecosystem services were applied to the economic valuation of river, the construction of blue-green-white network in urban area, ecological restoration, and integrated water management in Korea. The conceptual framework and assessment of ecosystem services can be used to promote value of ecological protection and restoration, helping stakeholders understand the benefits of ecosystems and increasing applications of the applied ecological engineering.

Factors Affecting Entrepreneurial Decision of Nascent Entrepreneurs Belonging Generation Y in Vietnam

  • NGUYEN, Xuan Truong
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.8
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    • pp.407-417
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    • 2020
  • Entrepreneurship has become an important topic for governments to shape and influence the quantity and quality of entrepreneurship and improve policy toward the entrepreneurial economy. This study investigates the factors affecting the entrepreneurial decision of nascent entrepreneurs belonging to Generation Y in Vietnam. A mixed-method including both qualitative and quantitative methodologies was utilized. A focus group was carried out with 11 participants for exploring, reviewing, and testing content validity of constructs and measurement items. The conceptual model and hypotheses were developed using data collected by a questionnaire survey. The cross-sectional survey method was applied. A sample of 221 respondents was constituted, by both electronic and paper surveys with non-probability and convenience sampling techniques. SmartPLS 3 software was employed to analyze the data collected. The results show that nine factors were affecting the entrepreneurial decision of nascent entrepreneurs belonging to Generation Y in Vietnam, including entrepreneurial education, family background, entrepreneurial ecosystem, perceived behavioral control, social valuation, perceived opportunity, attitude, entrepreneurial self-efficacy, and entrepreneurial intention. The findings show the importance of entrepreneurial education, social value, and ecosystems. Therefore, in order to promote successful entrepreneurship, it is necessary to strengthen entrepreneurship education and have a strategy for the improvement of the entrepreneurship ecosystem.

The Evaluation of Biodiversity Functions According to Land Use in Rural Areas (농촌지역 토지이용에 따른 생물다양성 기능 평가)

  • Son, Jin Kwan;Kong, Min Jae;Park, Min Jung;Lim, Ryu Gab;Kang, Tae Gyoung;Kim, Kwang Ho;Kim, Chang Hyun
    • Journal of Korean Society of Rural Planning
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    • v.27 no.2
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    • pp.49-58
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    • 2021
  • Rural and agricultural landscapes are important forms of land use in maintaining biodiversity. In addition humans are provided with various public functions from ecosystems and agricultural ecosystems. But the creation of a facility horticultural complex can be a space that can undermine the public interest function of the agricultural ecosystem. Therefore, this study aims to quantify the function of ecosystem services that land use changes affect biodiversity in Korea's rice paddy fields. The area subject to the study was selected as the largest agricultural complex in Korea due to rice paddy fields and land use changes, and field agriculture was also carried out simultaneously. The survey was conducted only in the fields of vegetation, insects, amphibians, and birds, four areas of biodiversity that are believed to have a high impact on changes in land use in agricultural landscapes. The valuation of ecosystem services in four areas of biodiversity derived from this study was evaluated as non-market value. As a result of quantitative evaluation, about 25 species of vegetation were reduced due to changes in land use. The diversity of about 40 species of aquatic insects that inhabit rice paddies among insects has disappeared due to the creation of a horticultural complex. Birds and amphibian reptiles were also found to have decreased diversity and populations. This research is expected to be used in various ways to develop policies to enhance ecosystem service functions.

Ecosystem service-based economic valuation of forest restoration in North Korea (북한 산림복원의 생태계 서비스 기반 경제적 가치평가)

  • Lim, Chul-Hee;Choi, Hyun-Ah
    • Korean Journal of Environmental Biology
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    • v.39 no.2
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    • pp.225-235
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    • 2021
  • To attain the long-term benefits of forest restoration in North Korea, it is important to present the economic value of reforestation. This study as aimed to evaluate the economic value based on cost-benefit analysis from the ecosystem services perspective. The benefits of reforestation were classified into ecosystem services such as carbon sequestration, water supply, soil erosion control, and disaster risk reduction, and were converted into economic values to calculate comprehensive benefits. In the forest restoration scenario, an "independent forest restoration scenario (IFS)" and a "cooperation-based forest restoration scenario (CFS)" were composed in consideration of recent afforestation performance and forest policy, and the difference in the quantity of afforestation was derived as a scenario despite the same restoration period. In the IFS, it is estimated that over the next two decades, 800 thousand ha of the forest will be restored at a cost of KRW 3,829 billion, resulting in a benefit of KRW 6.87 trillion. The present benefit net value is KRW 3,39 trillion. In the CFS, it is estimated that the benefits of KRW 18,890 billion will be generated by restoring 2.2 million ha of the forest at a cost of KRW 10,053 billion. The present benefit net value is KRW 8,359 billion. In both scenarios, BCR had an economic feasibility value greater than 1, but there was a big difference in the expected benefits. In conclusion, forest restoration can have higher benefits than cost, and its value could be enhanced through forest cooperation.

An Exploratory Study on the Characteristics of the 'Global Unicorn Club' and the Factors Influencing its Valuation: Focusing on the 'Unicorn Club' in 2019 ('글로벌 유니콘 클럽' 기업의 특성 및 기업가치 영향 요인에 대한 탐색적 연구: 2019년 '유니콘 클럽' 기업을 중심으로)

  • Lee, Young-Dall;Oh, Soyoung;Yoon, Yoni
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.15 no.6
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    • pp.1-26
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    • 2020
  • The term 'Unicorns' in the corporate ecosystem was firstly introduced by Aileen Lee in 2013. It has been actively discussed in South Korea particularly to compare the level of the 'start-up ecosystem' from a global perspective. Accordingly, the Korean government has recently set a policy goal 'to nurture 20 Korean unicorn companies by 2022'. While the phenomenon of 'Unicorn Club Company' has been brought to the level of policy objectives and spread more widely to the public, existing academic research to understand its substantial and underlying implications has been insufficient. First, in this study, the characteristics of 479 'Unicorn Club' companies in 2019 were analyzed in-depth. Previous research has focused on the general status and trend by analyzing the number of unicorn companies by country and industry classifications. However, this study conducted a qualitative exploratory analysis by investigating descriptive statistics about unicorn companies, including their investors, while providing case studies. Also, cluster analysis, ANOVA, and multi-level regression were employed for quantitative exploration. The characteristics of individual companies were examined based on the "ERIS Model (Entrepreneur - Industry(Market) - Resource - Strategy Model)". Secondly, factors influencing its valuations were examined in connection with the previously analyzed characteristic variables and investor characteristics. Finally, based on these, the future direction of the "Unicorn Phenomenon" from the perspective of "Enterprise Ecosystem" and productively using it from the perspective of the public policy is suggested.

Urban Heat Mitigation Effect Analysis based on the Land Use Location Distribution by Using an Ecosystem Service Valuation Model (생태계 서비스 가치평가 모형을 이용한 토지이용 위치분배에 따른 도시 열저감 효과분석)

  • Sangjun, Kang
    • Journal of Environmental Impact Assessment
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    • v.31 no.6
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    • pp.369-377
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    • 2022
  • The purpose of this study is to explore whether open spaces with land use characteristics of forest green areas can have different influence on the urban heat reduction depending on the location distribution, through the case of Gangneung-si downtown area. As a research method, the InVest Urban Cooling Model, which is a thermal phenomenon analysis model, is employed based on the most recent data available in 2018. In order to focus on the effect of location distribution of open space in the city, the downtown area is set as the observation area, not the entire city. The analysis of the land use location distribution scenarios shows that large-scale forests or clustered forests are more effective in reducing atmospheric heat in the region than several small-scale forests.

A Meta-regression Analysis of Wetland Valuation Studies in Korea (우리나라 습지의 환경적 가치 : 메타회귀분석)

  • Ahn, SoEun
    • Environmental and Resource Economics Review
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    • v.16 no.1
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    • pp.65-98
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    • 2007
  • Wetland provides various environmental services as well as marketable goods to human society. This paper presents a meta-analysis of the wetland valuation studies conducted in Korea during the past decade. Meta-analysis is a technique of summarizing research results from the separate but related studies using statistical methods. The objectives of the paper is to identify the main factors affecting the wetland values and to examine the applicability of meta-regression analysis for summarizing the information from valuation studies of natural ecosystem. The total of 64 observations from 24 studies are assembled, and we observe significant differences in wetland values depending on the characteristics of the studies. With the statistical significance, our results indicate that the method employed affects the wetland values while the wetland function evaluated affects little. In addition, we found that the size of wetland is negatively associated with the values, implying that wetland values exhibit the decreasing returns to scale. The evidences from our empirical analysis suggest that the meta-analysis has a potential as a tool to synthesize the research results from valuation studies and to provide useful information to policy makers. However, this study acknowledges that more effort should be dedicated toward the construction of DB on valuation studies as well as the research on the model improvement to enhance the validity and reliability of meta-analysis.

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Enhanced Smart Tourism and its Role in Reshaping the Tourism Industry

  • Ulrike Gretzel;Hyunae Lee;Eunji Lee;Namho Chung;Chulmo Koo
    • Journal of Smart Tourism
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    • v.3 no.4
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    • pp.23-31
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    • 2023
  • This paper explores the concept of enhanced smart tourism as a response to the challenges and opportunities arising in the post-pandemic tourism landscape. The COVID-19 pandemic has not only halted the global tourism industry but also prompted a reevaluation of its sustainability, technological integration, and impact on local communities. The need for a paradigm shift in tourism is emphasized, focusing on digitalization, innovation, and resilience. Enhanced smart tourism is characterized by a shift from traditional practices to innovative governance models, increased emphasis on sustainability, and the integration of technology for better management and visitor experiences. The paper discusses the four pillars of enhanced smart tourism - Technology, Sustainability, Accessibility/Mobility, and Innovation/Creativity, and their expansion in the post-pandemic era. Furthermore, the significant role of data in smart tourism is examined, highlighting the importance of data valuation, management, and ethics. The paper proposes frameworks and methods for data valuation and emphasizes the necessity of a comprehensive approach to data within the smart tourism ecosystem. The conclusion points to the need for further empirical and conceptual research to fully realize the potential of enhanced smart tourism.

Species Distribution Modeling of Endangered Mammals for Ecosystem Services Valuation - Focused on National Ecosystem Survey Data - (생태계 서비스 가치평가를 위한 멸종위기 포유류의 종분포 연구 - 전국자연환경조사 자료를 중심으로 -)

  • Jeon, Seong Woo;Kim, Jaeuk;Jung, Huicheul;Lee, Woo-Kyun;Kim, Joon-Soon
    • Journal of the Korean Society of Environmental Restoration Technology
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    • v.17 no.1
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    • pp.111-122
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    • 2014
  • The provided habitat of many services from natural capital is important. But because most ecosystem services tools qualitatively evaluated biodiversity or habitat quality, this study quantitatively analyzed those aspects using the species distribution model (MaxEnt). This study used location point data of the goat(Naemorhedus caudatus), marten(Martes flavigula), leopard cat(Prionailurus bengalensis), flying squirrel(Pteromys volans aluco) and otter(Lutra lutra) from the 3rd National Ecosystem Survey. Input data utilized DEM, landcover classification maps, Forest-types map and digital topographic maps. This study generated the MaxEnt model, randomly setting 70% of the presences as training data, with the remaining 30% used as test data, and ran five cross-validated replicates for each model. The threshold indicating maximum training sensitivity plus specificity was considered as a more robust approach, so this study used it to conduct the distribution into presence(1)-absence(0) predictions and totalled up a value of 5 times for uncertainty reduction. The test data's ROC curve of endangered mammals was as follows: growing down goat(0.896), otter(0.857), flying squirrel(0.738), marten(0.725), and leopard cat(0.629). This study was divided into two groups based on habitat: the first group consisted of the goat, marten, leopard cat and flying squirrel in the forest; and the second group consisted of the otter in the river. More than 60 percent of endangered mammals' distribution probability were 56.9% in the forest and 12.7% in the river. A future study is needed to conduct other species' distribution modeling exclusive of mammals and to develop a collection method of field survey data.