• The Journal of Fisheries Business Administration
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• v.50 no.3
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• pp.73-86
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• 2019

The purpose of this study is to provide logical and policy justification for the feasibility and sustainability of the project through analysis of economic ripple effects of the fishing village new deal 300 project. To do this, we applied the industry-related analysis, which is mainly used to analyze the economic ripple effects, to the fishing village new deal 300 project. The industry association analysis classifies the detailed project of the preliminary plan for the selection of the business into the software business such as the hardware business and the capacity enhancement in the construction field and analyzes the economic ripple effect through the inter-industry association. As a result, it is expected that the fishing village new deal 300 project will have a positive economic impact. When the total investment of 3 trillion won is invested in the project, it is estimated that the production inducement effect and the value added effect are 5,545.3 billion won and 2,102.7 billion won, respectively. In addition, 62,005 get job inducements, where 10,952 employment inducements were associated with job creation. The analysis of the above impacts seems to have secured the logical justification for the implementation of the fishing village new deal 300 project.

• Proceedings of the KSR Conference
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• 2008.11b
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• pp.458-464
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• 2008

The objective of this paper is to seek an alternative to figure out appropriate ways since difficulties lie in the introduction of LRT system to be operated by governments and self-governing local governments in the country. This situation can act as a main cause of breakdown in domestic railway industry by deepening of outflow of national wealth and technological dependency. Policy makers are required to get awareness of justification and necessity of Project management such as project strategy, goals, operating budgets, risks, investment revenue prior to preparing the outline of the introduction of LRT system shall consider securing budget in light of performance, reliability, and safety withe the help of system engineering activities during the entire project cycle such as design, construction, quality management, and commissioning before mapping out the basic plans for LRT project. In view of the current domestic conditions, the first time within the country, Seoulmetro is training professional as trust education of specialist training about LRT system, SE and PM education. This study leads to participating in PM/SE business by human power who finished from education of domestic specialist for LRT introduction corporation and businesses, it is published for introduction of specialist education and business revitalization.

• Journal of Korea Society of Digital Industry and Information Management
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• v.11 no.4
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• pp.177-187
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• 2015

Although actual business environment is getting difficult and hard, IT companies tend to shy away from of annual investment. Many firms have already reached the 25 percent level. However, the profit and the result of their annual investment needs to be evaluated objectively. IT investment analysis usually proceeds by comparing benefits and costs of an IT investment. Much of the problem derives from the historical treatment of IT as an overhead expense rather than a capital asset. What is most worrying about the current situation is the pressure to take a very short-term view of IT. Therefore, this research aims to analyses and justify the necessity of Visionary IT Investment. For this, it is crucial to identify the factors, which affect positively Visionary IT Investment and understand the role of CIO and explain the result of Visionary IT Investment, which is differed to related business and by different business environment. As a result of this study, the legitimacy of IT Investment is proved through analyzing the business value of not investing and cost-avoidance strategies.

• Journal of the Korean Institute of Landscape Architecture
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• v.41 no.5
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• pp.19-27
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• 2013

This paper claims that the One Million-peyong Park(hereafter abbreviated as OMP) project is different from a typical citizen participatory park project by recognizing the exceptional leadership of the Civic Committee for the One Million-pyeong Park Construction(CCOMPC) in promoting and developing the OMP project. Since 2001 the CCOMPC has published a variety of written promotional materials to inform and educate the public about the project. In terms of approaching the promotional materials, this research focuses on the use of language on how the CCOMPC justifies the OMP project, namely the OMP justification discourse, and considers the discourse as a unique form of social document that represents the perspective of the CCOMPC in explaining the local environmental issues and values of urban parks to the public. Using a discourse analysis method, this research analyzes the justification discourses and investigates how they changed over the three main development phases of the OMP: the initiation and preliminary development phase(1999-2001.2), the development phase (2001.2-2008), and the time period after the greenbelt policy release on Dunchi Island(2008-present). In each discourse, the OMP project is rationalized as a citizen participation park project that (1) aims to enhance the quality of public green space in Busan, (2) is accompanied by various community engagement programs that emphasize the value of urban nature and environmental education to expand citizen participation, and (3) has contributed to the National Urban Park Bill. This research emphasizes the role of the discourses in helping the public gain a critical understanding about the local environment and values of urban parks. By analyzing the contents of the discourses, it explains the social learning values of the OMP expressed in the discourses.

• Information Systems Review
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• v.9 no.1
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• pp.161-189
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• 2007

The purposes of this dissertation are to identify various factors affecting the outcomes of feasibility analysis and investment decision makings of new IT project plans and empirically analysis the relationships among them. 9 variables which have been drawn from prior studies and industry practices are the amount of the necessary resource such as development budget and time, the expect financial benefits, the degree of alignments between IT projects and the business strategy, the estimated risk, and the investment priority as the dependent variable. Data from 125 IT projects of K bank, the leading commercial bank in Korea, have been collected and Regression Analysis and ANOVA have been performed. As results, 5 out of 8 hypothesis have been accepted partially or totally.

• Proceedings of the KSR Conference
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• 2011.10a
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• pp.239-244
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• 2011

Technical advancement in the field of world-class railway has brought the development of passenger safety, efficient operation and fast passenger service. The study of the railway speed-up has been progressed for a long time. As for the speed-up of trunkline railways, its design work has already promoted in some railway tacks and some track sections has already been under construction. In such a perspective we should review if the domestic signaling system is the optimal system and figure out the trend of signaling system for the speed-up that is recently applied over the world. In this way learning about justification and futurition, we should secure the national competitiveness in the long term and review the system available to international exports. Further, it is important to apply the result to the research project currently being pursued. In addition, predicting the recent international trends, we should show the direction of the future-oriented and economic signaling system.

• THE INDUSTRY AND TECHNOLOGY OF GAS
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• v.5 no.1 s.6
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• pp.39-47
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• 2002

With the expansion of natural gas demands in many countries, the necessity of LNG receiving terminals has been increased. The offshore LNG Floating Storage and Regasification Unit (FSRU) attracts attentions not only for a land based LNG receiving terminal alternative, but also for a feasible and economic solution. Nowadays, as the reliability of offshore oil and gas floating facilities and LNG carriers gains with proven worldwide operations, the FSRU can achieve a safety level that can be comparable to an onshore terminal. The design development related with safety features of the FSRU has been extensively carried out by oil and gas companies, shipyards, engineering companies, and equipment vendors, and has been successful so far in many fields. The construction of the FSRU can be achieved by integrating various technologies and experiences from many disciplines and many participating companies and vendors. In this paper, reviews on some of the important design features and design improvements on FSRU together with the practical construction aspects in cargo containment, vaporization system, ESD system, and operation modes, have been covered in comparison with actual LNG carrier, onshore receiving terminal, and FPSO systems. In order to materialize an FSRU project, the technical and economic justification has to be preceded. It is believed that once the safety and technical soundness is convinced, the FSRU can bring a higher project feasibility by reducing the overall construction time and cost. Through this study, an FSRU design readily applicable to an actual project has been developed by incorporating experiences gained from many marine and offshore projects. The wide use of proven standard technologies adopted in the series construction of LNG carriers and offshore FPSOs will bring the project efficiency and reliability.

• Korean Journal of Organic Agriculture
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• v.29 no.3
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• pp.317-332
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• 2021

This study estimated the predictive onion yield through Stepwise regression of big data and weather variables by onion growing season. The economic feasibility of onion observations using big data was analyzed using estimated predictive data. The social welfare effect was estimated through the model of Harberger's triangle using onion yield prediction with big data and it without big data. Predicted yield using big data showed a deviation of -9.0% to 4.2%. As a result of estimating the social welfare effect, the average annual value was 23.3 billion won. The average annual value of social welfare effects if big data was not used was measured at 22.4 billion won. Therefore, it was estimated that the difference between the social welfare effect when the prediction using big data was used and when it was not was about 950 million won. When these results are applied to items other than onion items, the effect will be greater. It is judged that it can be used as basic data to prove the justification of the agricultural observation project. However, since the simple Harberger's triangle theory has the limitation of oversimplifying reality, it is necessary to evaluate the economic value through various methods such as measuring the effect of agricultural observation under a more realistic rational expectation hypothesis in future studies.

• STI Policy Review
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• v.9 no.1
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• pp.55-76
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• 2018

This study analyzed the effect of the government R&D subsidy program on long-term firm survival. In order to estimate the average treatment effect for the treated group, we used the survival analysis and matching method by constituting a comprehensive dataset of more than 90,000 observations. The analysis results show that the government R&D subsidy has a negative impact on long-term firm survival. In particular, not only the subsidy does not have a statistically significant effect on firm survival in the relatively short-term, the survival probability of the subsidized firms is statistically significantly lower than the non-subsidized firms after six years. These results can be seen as weakening the justification of government R&D support. There may be problems in the subsidy policy itself and the process of selection of subsidy awardees; however, the more fundamental problem is that the subsidy policy is concluded as the one-time event. Admittedly, it would be difficult for the government to precisely manage the subsidized projects over a long term period. However, in the case of a project in which short-term performance is detected, it would be necessary to provide a step-by-step support to strengthen the firm's competitiveness through further support and continuous development of performance. Of course, mid- and long-term evaluations of subsidy support policy should be performed in parallel with such phased support.

• The Journal of Asian Finance, Economics and Business
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• v.7 no.7
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• pp.531-541
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• 2020

The purpose of the study is a theoretical and practical justification for building a mechanism for financing health facilities based on public-private partnerships from a pension fund in regions with environmental problems. The theoretical background is built on works of local and foreign authors on state and non-state pension provisions issues, pension funds' assets management. This study provides an analysis of the health status of the population of the Kyzylorda region; it analyzes also the worldwide and Kazakhstan practice of investing pension funds and implementing projects. There has been legislative and methodological framework for financing health projects based on public-private partnerships in Kazakhstan. The scientific methods considered in this study made it possible to develop a mechanism for financial support for the modernization of a healthcare facility using the budget of pension funds. The authors point out possible risks in the implementation of projects in the field of healthcare and make recommendations on the construction a mechanism for financing healthcare facilities in the regions of Kazakhstan with environmental problems. In addition, they underline the key insights of the analysis, which are requisites for identifying the profitability of project for business and social effects for the public. Factors influencing efficacy, effect and implementation risks identified.