• Journal of Venture Innovation
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• v.7 no.1
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• pp.17-39
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• 2024

The purpose of this study was to analyze the effect of the government's R&D support and the use of stock options by venture companies on the innovation of venture companies, that is, innovation capabilities and innovation performance. An empirical analysis was conducted using the partial least squares structural equation modeling (PLS-SEM) method using the data from the detailed survey of venture companies conducted on domestic venture confirmation companies. As a result of the analysis, it was found that the benefit of government R&D support had a positive (+) effect on strengthening the innovation capabilities of venture companies, and R&D support also had a positive (+) effect on the innovation performance of venture companies. Next, it was found that the use of stock options by venture companies had a positive (+) effect on the reinforcement of the innovation capabilities of companies and a positive (+) effect on the innovation performance of venture companies. In addition, it was found that the innovation capabilities of venture companies significantly mediate between the government's R&D support and the use of stock options by venture companies and the innovation performance of companies. These analysis results show that the government's R&D support and the use of stock option systems can play a meaningful role in the innovation of venture companies, and also show that the innovation capabilities of venture companies have an important meaning in the process of innovation. Therefore, it is necessary to continue the stance of R&D support for ventures and at the same time to introduce multi-faceted policy measures to support corporate capacity building, and legal and institutional maintenance and policy support to revitalize the stock option system need to be continuously provided.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.21 no.7
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• pp.20-28
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• 2020

According to the 3020 RE (renewable energy) policy of the Korean Government, distributed generators, including PV (photovoltaic) and WP (wind power) systems, have been installed and operated in distribution systems. On the other hand, if large-scale PV systems are interconnected in a distribution system, the spread of PV systems may be postponed due to a reduction of the hosting capacity in PV systems because of the over-voltage phenomena at the customer end by violating the allowable voltage limits. Under these circumstances, this paper proposes an evaluation algorithm of the hosting capacity of a PV system based on the LDC (line drop compensation) method of SVR (step voltage regulator) to improve the hosting capacity when large-scale PV systems are installed in a distribution system. Moreover, this paper presents a modeling of a complex distribution system, which is composed of a large-scale PV system and SVR with the LDC method using PSCAD/EMTDC. The simulation results confirmed that the proposed algorithm and modeling are useful and practical tools for improving the hosting capacity of a PV system because the customer voltages are maintained within the allowable voltage limits even if 6.5[MW] of the PV system is installed in a distribution system with the LDC method of SVR.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.11 no.2
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• pp.135-144
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• 2016

Korean government has invested about 400 million dollars to the business incubator using the facilities and human resources of universities and research institutes and successfully operated to contribute the economic development(1.6 billion dollars sales, 5,500 companies) and job creation(16,000 employee) in the end of 2013. Although incubators have grown rapidly, there is limited performance, like a hardware centered support, limited exploitation of resource in the university, less collaboration with the community, less star companies. This research provide a alternative capacity building direction based on the creativity and resource dependence theory. Specifically this paper suggest a building creative incubating center, traversing the valley of death, accelerator for the CPM(Capability, Product, Market) linkage, organic implementation of university resources.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.37 no.6
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• pp.1025-1032
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• 2017

In this paper, the level of service (LOS) is defined for high-speed railway links and rolling stocks. Based on this LOS, how to manage high-speed railway facility is also suggested. The LOS is divided into 6 levels from A to F. The measurement of effectiveness (MOE) for railway links is derived from the relationship between a total delay time and a railway link utilization ratio. Another MOE, volume over capacity (V/C), is also proposed. On the other hand, the LOS for high-speed railway rolling stocks is based on the density of people in a rolling stock. Above all, LOS D is defined to the total number of seats. Then, LOS A is 50% of the LOS D, LOS B is 70% of the LOS D, LOS C is 90% of the LOS D and LOS D~F is defined as the maximum seats and standing people at the level of each. Finally, a method to manage high-speed railway links and rolling stocks is proposed in order to keep the level of service at the target by the government.

• Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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• v.21 no.3
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• pp.107-116
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• 2007

The introduction of new renewable energy is going on increase with the second plan of the Korean Government "Technology Development, Utilization and Popularization of New Renewable Energy". In general, it is connected to the power system due to the nature of it's source characteristics but it's interconnection operation impacts on the power system planning and operation. The operation schemes of the existing power distribution system are based on the unidirectional power flow, but unidirectional power flow changes to bidirectional power flow due to the interconnection operation of new renewable energy. It degrade the existing protection coordination system and power quality of the power distribution system. Thus, the technical evaluation process of the interconnection of new renewable energy are necessary. In this paper, the characteristics of the existing automatic recloser and sectionalizer are reviewed and interconnection capacity evaluation method of the DR(distributed resources) in the existing automatic recloser-sectionalizer protective coordination system are proposed.

• Journal of Korean Society for Atmospheric Environment
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• v.33 no.4
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• pp.393-402
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• 2017

In this study, greenhouse gas (GHG) reductions from bioenergy (biogas, biomass) have been estimated in Korea, 2015. This study for construction of reduction inventories as direct and indirect reduction sources was derived from IPCC 2006 guidelines for national greenhouse gas inventories, guidelines for local government greenhouse inventories published in 2016, also purchased electricity and steam indirect emission factors obtained from KPX, GIR respectively. As a result, the annual GHG reductions were estimated as $1,860,000tonCO_{2eq}$ accounting for 76.8% of direct reduction (scope 1) and 23.2% of indirect reduction (scope 2). Estimation of individual greenhouse gases (GHGs) from biogas appeared that $CO_2$, $CH_4$, $N_2O$ were $90,000tonCO_2$ (5.5%), $55,000tonCH_4$ (94.5%), $0.3tonN_2O$ (0.004%), respectively. In addition, biomass was $250,000tonCO_2$ (107%), $-300tonCH_4$ (-3.2%), $-33tonN_2O$ (-3.9%). For understanding the values of estimation method levels, field data (this study) appeared to be approximately 85.47% compared to installed capacity. In details, biogas and biomass resulting from field data showed to be 76%, 74% compared to installed capacity, respectively. In the comparison of this study and CDM project with GHG reduction unit per year installed capacity, this study showed as 42% level versus CDM project. Scenario analysis of GHG reductions potential from bioenergy was analyzed that generation efficiency, availability and cumulative distribution were significantly effective on reducing GHG.

• Proceedings of the Membrane Society of Korea Conference
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• 1998.06a
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• pp.95-112
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• 1998

Water quality in the public water course has been polluted more seriously than ever before due to the increase of the number and aremount of pollution sources such as domestic and industrial wastewater. For water quality conservation, the Korean government has been trying to construct sewage treatment facilities continually, of which treatment capacity reached to 11,452,400m$^{3}$/day in 1996. Night soil treatment facilites of m nationwide have the treatment capacity of 24,038m$^{3}$/day. But water quality has not been improved because the sewer systems were insufficient and the treatment efficiencies of sewage were not high, enough. For renovation of water quality, miscellaneous domestic wastewater must be treated because 27g BOD/day out of total 40g BOD/person-day come from miscellaneous wastewater, comparing to 13g BOD/day from night soil. However, sole treatment purifier treat only night soil from the flushing toilet. Therefore, it may be desirable to treat the miscellaneous domestic wastewater and the night soil from flushing toilet together by joint treatment purifier system as on-site domestic wastewater treatment technology. In Korea, the joint treatment purifier system, introduced in 1997, have the benefit as follows; i) good water poiluion control effect, ii ) good effect on river water flow, iii) water pollution control with sewage treatment facility, and iv) rapid pollution control effect, etc. In order to achieve a good effect as stated before, i ) strengthening effluent guideline including BOD, nitrogen and phosphorus, ii ) specializing operation to maintain high performance, and iii) supporting its construction and maintenance costs by the governmental level may be necessary: In addition, automation system of joint treatment purifier, technology for its package and compactness, and a new bio-media bio-filter with higher capacity should be further developed in agreement with a more stringent effluent guideline.

• Journal of Environmental Science International
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• v.29 no.7
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• pp.729-737
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• 2020

This study estimates the greenhouse gas (GHG) emissions reduction resulting from photovoltaic and wind power technologies using a bottom-up approach for an indirect emission source (scope 2) in South Korea. To estimate GHG reductions from photovoltaic and wind power activities under standard operating conditions, methodologies are derived from the 2006 IPCC guidelines for national GHG inventories and the guidelines for local government greenhouse inventories of Korea published in 2016. Indirect emission factors for electricity are obtained from the 2011 Korea Power Exchange. The total annual GHG reduction from photovoltaic power (23,000 tons CO_2eq) and wind power (30,000 tons CO_2eq) was estimated to be 53,000 tons CO_2eq. The estimation of individual GHGs showed that the largest component is carbon dioxide, accounting for up to 99% of the total GHG. The results of estimation from photovoltaic and wind power were 63.60% and 80.22% of installed capacity, respectively. The annual average GHG reductions from photovoltaic and wind power per year per unit installed capacity (MW) were estimated as 549 tons CO_2eq/yr·MW and 647 tons CO_2eq/yr·MW, respectively. Finally, the results showed that the level of GHG reduction per year per installed capacity of photovoltaic and wind power is 62% and 42% compared to the CDM project, respectively.

• Journal of the Korean Regional Science Association
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• v.12 no.2
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• pp.21-36
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• 1996

This thesis focused on the extent of the area-by-area gap of the unit production cost that should be taken into account without exception in supply of the local public goods production cost. With the advent of the local autonomy era, what should be considered in the local governmen's production of the local public goods are the government's fiscal capacity and the environmental difference that shows up in accordance with the area's characteristics. Though with the same level of the fiscal capacity, an occurrence of environmental difference will lead inevitably to the different level of actual supply of the local public goods. The method of analysis used in this thesis was first to bring out implicit price, to combine this with induced expenditure function, to separate demand function parameter and cost function parameter, and then to analyzed the impact of environmental variables on the production cost. The environmental variables were set on the basis of the ones that affected expenditure per person of the public goods. The analysis was conducted in distinction of city areas and county areas. The results showed that, in cases of cities, more production cost of the public goods was in presence in urban areas and in areas where there was sluggish development. In other words, distinction could be drawn between areas where there was a large consumption of production cost resulting from poor environmental sparked by slow development and those where additional costs were required due to population concentration caused by a certain level of accomplished development. In the meantime, in cases of county areas, the results were around the same. However, a comparison between city areas and county ones told that overall difference between city areas was not that big in the production cost while that in county areas was large enough. In times ahead, in implementation of grant-in-aid scheme, production cost index for local public goods could be used as it was written in consideration of environmental characteristics of areas concerned.

• Journal of the Korea Convergence Society
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• v.8 no.7
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• pp.265-272
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• 2017

The Seoul Metropolitan Government and the Ministry of Science, ICT, and Future Planning(MSIP) are promoting the creation of "R & CD clusters" in the Yangje area as a base for future growth engines that will lead the fourth industry. The Yangje area has many large enterprise research institutes and ICT SMEs, and is located in the south part of Seoul and has geographical advantages such as traffic, education, and leisure life. As an initial research for the successful cluster of the Yangje area, quantitative analysis was carried out to identify the status of ICT SMEs in Yangje area using the Korean company information DB and contents of "Korea SMTp 2017 DVD ROM". Qualitative analysis conducted a questionnaire from December 8, 2016 to January 7, 2017 to investigate the R & D activities of ICT companies. Finally, implications for strengthening the R & D capacity of ICT firms in Yangjae area were derived.