• Title/Summary/Keyword: Energy Business

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An Evaluation of Priority for the Green Energy Technologies Business (그린에너지기술 사업화를 위한 우선순위 평가)

  • Lee, Deokki;Hong, Jong-Chul;Park, Soo-Uk;Baik, Keum Hee
    • 한국신재생에너지학회:학술대회논문집
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    • 2011.05a
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    • pp.135.2-135.2
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    • 2011
  • The goal of this study is the derivation of priority for business in the areas of green energy technologies. In this paper, we calculated the importance weights of impact factors using the AHP (Analytic Hierarchy Process) method in order to derivation of priority to the green energy technologies business. AHP is a useful method for evaluating multi-criteria decision making problems. To apply the AHP method, specialists for the assessment have been identified by using the concept of 'plan, do, see' and the decision-making hierarchy was established. We selected 5 criteria and 16 sub-criteria for impact factors by brainstorming. According to the result in this study, the most important impact factor is the possibility of commercialization, the second is the possibility of developing the fundamental technology, and the third is the possibility of convergence technology.

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The Energy-efficiency Analysis of Companies in Korea Using DEA (DEA를 활용한 국내 기업의 에너지효율성 분석)

  • Moon, Hana;Min, Daiki
    • Korean Management Science Review
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    • v.32 no.3
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    • pp.37-54
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    • 2015
  • This paper suggests energy efficiency which can be the foundation on corporate profit and effective energy management following by change of global climate and of energy-related regulations. Using comparable financial information and information related to energy use, an DEA (Data Envelopment Analysis) model has been used to identify energy efficiency with DMU (Decision Making Unit)s which are companies subjected to reduce greenhouse gas emission in 2009. Through this research, different from existing researches, environmental variables which can influence on energy efficiency are identified. The results show as follows. First, most of companies follow IRS, which means scale of economy exists among units so that they have more opportunity to increase efficiency by increasing scale of inputs. Second, this research identified that depending on the difference of environmental characters such as the emission structure and the size of companies, energy efficiency of the companies turns out differently.

Board of Directors Attributes and Sustainability Performance in the Energy Industry

  • GARDAZI, Syeda Saba Nazir;HASSAN, Ahmad Fahmi Sheikh;JOHARI, Jalila Binti
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.12
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    • pp.317-328
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    • 2020
  • The board of directors play an important role in corporate climate strategy-making and decisions but might also compromise environmental policies to minimize agency cost. This study critically investigates the relationship between the attributes of the board of directors and the degree of sustainability performance for the energy sector as discussed in the literature. Our study cumulates existing knowledge offering important characteristics for a balanced board structure to increase the board's effectiveness in adopting sustainable initiatives that could reduce the adverse impact of an energy corporation's operation on the environment. Crucial attributes of the board of directors deemed to be positively associated with the commitment to reduce carbon footprint in the environment have been identified. Based on our extensive analysis of the literature we propose a conceptual framework that measures the influence of the board of directors' attributes on corporate environmental and social sustainability performance. The proposed framework will be useful as an initial step for top management and regulators to gain a better understanding of the balanced board structure required to achieve the social and environmental sustainability performance of corporations. Further, this paper contributes to a body of knowledge about how the board of directors could play a crucial role in monitoring social and environmental threats.

Effect of Environmental Responsible Human Resource Management Practice on Manufacturing Enterprise Green Technology Innovation and Organizational Effectiveness

  • Tipanya, Noma;Li, Liang;Salma, Elaydi
    • Asia Pacific Journal of Business Review
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    • v.6 no.2
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    • pp.1-26
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    • 2022
  • This study uses the human resource management (HRM) practice and ability, motivation, and opportunities (AMO) theory and corporate social and environmental responsibility, to explore the effects of environmental responsible human resource management practice (ER-HRM) on energy-intensive manufacturing's green technology innovation and organizational effectiveness. A self-completed questionnaire was administered to managers of energy-intensive manufacturing in the Lao PDR. The data was collected from 198 managers of energy-intensive manufacturing for analysis. We used structural equation modeling (SEM) by smart PLS 3.0 to test the hypotheses in this research. The findings have shown a strong direct and positive impact of the environmental ability, motivation, and opportunity of ER-HRM practice on green technology innovation and organizational effectiveness. The ability of ER-HRM practice has the highest influence on green technology innovation and organizational effectiveness. The findings also prove the partial mediation of green technology innovation links ER-HRM with organizational effectiveness. This research is expected to identify the influences of ER-HRM in energy-intensive manufacturing to achieve innovation and performance while reducing emissions.

Investigating Green Marketing Orientation Practices among Green Small and Medium Enterprises

  • RAJADURAI, Jegatheesan;ZAHARI, Abdul Rahman;ESA, Elinda;BATHMANATHAN, Vathana;ISHAK, Nur Afiqah Mohammad
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.1
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    • pp.407-417
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    • 2021
  • This study aims to establish the relationship between the Green Marketing Orientation (GMO) variables and the performance of Green Small and Medium Enterprises (GSMEs) across the building and energy sectors in Malaysia, using customer satisfaction as a means of performance measurement. The GMO variables examined include Greening the Process (GTP), Green Supply Chain Management (GSCM), Green Strategic Policy Initiatives (GSPI), Proactive Energy Conservation (PEC) and Green Promotion (GP). The items used to measure these variables were extracted from literature and adapted to the context of the variables based on feedback from Focus Group Discussions and Expert Opinion sessions. This study employs a survey sample of 300 respondents but only 238 completed questionnaires were returned. The results reveal that GTP, GSCM and PEC have a positive impact on Customer Satisfaction but not GSPI and GP. The findings suggest that owners or managers of GSMEs should focus on maintaining and improving GTP, GSCM and PEC in order to create greater satisfaction among their customers. The significance of this study is that it enables the creation of a framework that enables GSMEs to design a pathway towards achieving a cleaner production of goods and services in line with United Nations Sustainable Development Goals.

The Impact of Creative Role Identity and Creative Self-Efficacy on Employee Creativity in the Hotel Business

  • KIM, Ji-Eun
    • The Journal of Asian Finance, Economics and Business
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    • v.6 no.2
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    • pp.123-133
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    • 2019
  • The study aims to investigate the nexus of between role identity, self-efficacy, feeling of energy, and employee creativity in the hotel industry of Korea. The employees' innovative behaviors like creativity have been many researchers' interest for decades in the hotel industry. The hypotheses depicting the relationship among the variables have been proposed based on a review of existing literature. The number of 215 cases was used for final analysis and the results were explained through structural equation modeling. The results indicate the hotel employees' role identity and creative self-efficacy positively influenced their feeling of energy. Further, both role identity and creative self-efficacy make significant impact on employee creativity. Feeling of energy also makes a positively significant impact on employee creativity. Feeling of energy partially mediates the relationship between the two independent variables and employee creativity. As a result, creative role identity, self-efficacy, and feeling of energy explain the variance of the hotel employees' creativity. The results present that hotel practitioners need to regard their employees' creative roles and build organizational culture to support creative activities so as to enhance employee creativity. Finally, theoretical and practical implications for the hotel industry and future studies have been discussed.

The Economic Effects of Integrated-Energy Business : An Input-Output Analysis (집단에너지산업의 국민경제적 파급효과 분석)

  • Han, Kun-Taik;Kim, Hye-Min;Yoo, Seung-Hoon
    • Journal of Energy Engineering
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    • v.21 no.1
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    • pp.47-54
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    • 2012
  • Korean government has initiated integrated-energy business (IEB) in Mokdong for energy conservation in 1983. Since then, IEB has been steadily expanding. This paper attempts to apply input-output(I-O) analysis to examine the economic effects of IEB. A static I-O framework is employed, focusing on three topics in its application: the impact of the investment of IEB on the production of other sectors and the inter-industry linkage effect; supply shortage effects of the IEB ; and the impact of the rise in IEB rate on prices of other products. The paper pays closer attention to IEB sector by taking the sector as exogenous and then investigating its economic impacts. The results can be widely utilized in decision-making about IEB policy.

A Survey of the Recognition of Photovoltaic System for Building Application (태양광발전시스템의 건물 적용에 대한 인식 조사 연구)

  • Lee, Chung-Kook;Yu, Gwon-Jong;Suh, Seung-Jik
    • Journal of the Korean Solar Energy Society
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    • v.23 no.1
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    • pp.17-28
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    • 2003
  • This study aims to investigate and analyze the overall recognition of the photovoltaic system for the application of BIPV(Building Integrated Photovoltaic) in Korea. For this purpose, a survey was carried on through questionnaires answered by 6 groups of experts such as construction engineers, registered architects, mechanical engineers, electrical engineers, university or college professors, and others who are ranked high in their companies or universities or colleges and who mostly seem to be eager to participate in the development of the PV system and to make a business of the system. The results of the survey are as follows: 1. About 95% of those experts who answered the questionnaire have known about renewable energy, and 93% of them are interested in solar energy as alternative energy 2. Host experts have a lot of information on the solar energy system, but have scanty information on the PV system. 3. The experts in the educational and research field have researched for the reasonable period of the participation in the development of the PV system and the period of making a business of the system. They judge that companies in the mechanical and electrical field will participate in the development of the PV system and will make a business of the system in 5 years. 4. The experts have thought that the PV system is designed not for economy but for the environment of the earth and that PV system technology in Korea is much lower than that in the advanced countries. 5. The experts hesitate to participate in the development of the PV system and to make a business of the system because they have little confidence in the economy of the PV system now and because they have thought that they will bear a great financial burden of construction cost 6. The experts judge that it is most desirable to apply the PV system to the rooftops of buildings. And they are greatly interested in the BIPV.

Resource Assessment and Engineering Design for Wind Energy Development (풍력에너지 개발을 위한 자원평가 및 엔지니어링 설계)

  • Kim, Seong-Kook
    • Journal of the Korean Professional Engineers Association
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    • v.42 no.1
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    • pp.49-53
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    • 2009
  • Wind energy development and wind farm construction request multi-disciplinary study and coordination to pursuit economically and technically feasible project that may deliver a viable business model. This paper is to provide the study and coordination procedure with key management factors about the wind energy resource assessment and engineering design for EPC(Engineering, Procurement and Construction) contract for the successful business development.

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