• Title/Summary/Keyword: Incentive Method

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The Comparison on Firm's Management and Innovation Performance According to Foreign Direct Investment (국내기업과 외국인직접투자(FDI)기업의 경영 몇 기술혁신 성과 비교)

  • Choi, Seok-Joon;Seo, Young-Woong
    • Journal of Korea Technology Innovation Society
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    • v.13 no.3
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    • pp.446-458
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    • 2010
  • All countries of the world have been spurring foreign direct investment consistently for securing of economic growth and growth engines, and Korea is no exception. Korea has been stimulating investment of high quality through various political support and the government has been publicizing it as an achievement. Based on the most of previous studies analyzed the results of foreign direct investment only on the view of domestic economy, this study supposes that foreign direct investment influences positively on management and innovation performance on companies, and evaluated effects of foreign direct investment by using Propensity score matching method. Analysis shows that foreign direct investment has positive influence on management and innovation performance before matching them. However, after matching them, the most statistical significance disappears. Consequently, foreign direct investment has limited effect on company's performance comparison on initial assumption. 'This study indicates that incentive policy of foreign direct investment would need to be amended, because effect of incentive policy was limited for firm's performance.

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A study on the introduction of organic waste-to-energy incentive system(I): Precise monitoring of biogasification (유기성폐자원에너지 인센티브제도 도입방안 연구(I): 바이오가스화 정밀모니터링)

  • Kwon, Jun-Hwa;Moon, Hee-Sung;Lee, Won-Seok;Lee, Dong-Jin
    • Journal of the Korea Organic Resources Recycling Association
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    • v.29 no.4
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    • pp.67-76
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    • 2021
  • Biogasification is a technology that produces environmentally friendly fuel using methane gas generated in the process of stably decomposing and processing organic waste. Biogasification is the most used method for energy conversion of organic waste with high moisture content, and is a useful method for organic waste treatment following the prohibition of direct landfill (2005) and marine dumping (2013). Due to African Swine Fever (ASF), which recently occurred in Korea, recycling of wet feed is prohibited, and consumers such as dry feed and compost are negatively recognized, making it difficult to treat food waste. Accordingly, biogasification is attracting more attention for the treatment and recycling of food waste. Korea's energy consumption amounted to 268.41 106toe, ranking 9th in the world. However, it is an energy-poor country that depends on foreign imports for about 95.8% of its energy supply. Therefore, in Korea, the Renewable Energy Portfolio Standard (RPS) is being introduced. The domestic RPS system sets the weight of the new and renewable energy certificate (REC, Renewable energy certificate) of waste energy lower than that of other renewable energy. Therefore, an additional incentive system is required for the activation of waste-to-energy. In this study, the operation of an anaerobic digester that treats food waste, food waste Leachate and various organic wastes was confirmed. It was intended to be used as basic data for preparing the waste-to-energy incentive system through precise monitoring for a certain period of time. Four sites that produce biogas from organic waste and use them for power generation and heavy gas were selected as target facilities, and field surveys and sampling were conducted. Basic properties analysis was performed on the influent sample of organic waste and the effluent sample according to the treatment process. As a result of the analysis of the properties, the total solids of the digester influent was an average of 12.11%, and the volatile solids of the total solids were confirmed to be 85.86%. BOD and CODcr removal rates were 60.8% and 64.8%. The volatile fatty acids in the influent averaged 55,716 mg/L. It can be confirmed that most of the volatile fatty acids were decomposed and removed with an average reduction rate of 92.3% after anaerobic digestion.

Direction of Policy on Long-term Strategy Development for BIM (BIM 중장기전략 수립을 위한 정책방향 설정)

  • Kim, Hong-Su;Kim, Yong Jun
    • Korean Journal of Computational Design and Engineering
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    • v.20 no.2
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    • pp.133-144
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    • 2015
  • Introduction of BIM(Building Information Modeling) was led by public institutions, and all buildings over a certain size were obligated to apply BIM. However, through various attempt to apply BIM to actual practice, people had doubt whether it is a usable technology in reality appeared. Therefore, this study investigated cases about implementation strategies of foreign countries, and conducted survey on BIM performances and preparation in architectural design firms. On the basis of this, it suggests the long-term development strategy of BIM and the basic direction of road map to adopt BIM effectively to domestic architectural design market. After considering the cases abroad and the results of survey, it is identified that incentive policies supporting finance and education should be carried out together with partially obligation method led by government in order to introduce BIM into architectural design market effectively by reflecting current situation of architectural design firms.

Efficiency analysis in the presence of network effect with DEA method (네트워크 효과를 고려한 천연가스산업의 기술적 효율성 분석)

  • 이정동;오경준
    • Journal of Korea Technology Innovation Society
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    • v.3 no.3
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    • pp.36-52
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    • 2000
  • This study takes an issue of efficiency analysis in the presence of network effect utilizing the DEA (Data Envelopment Analysis) framework. Network effect has important policy implication for the regulation of local monopolies which undertake their business through physical network, such as electricity, natural gas, local telephony, etc. If the difference in spatial condition between companies is not controlled properly, the performance comparison and associated incentive regulation bear significant bias. In this study, we propose a methodology to measure the true managerial or technical efficiency apart from efficiency difference accruing from the difference in spatial condition. A series of modified DEA efficiency models are combined to investigate the extent of exogenous and endogenous efficiency component in the Korean natural gas distribution companies. Empirical results show that the network effect plays significant role in determining superficial performance difference.

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Bidding Strategies with the Opportunity Cost of Reactive Power in a Competitive Market (무효전력 기회비용을 반영한 전력시장 입찰전략 연구)

  • 이광호
    • The Transactions of the Korean Institute of Electrical Engineers A
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    • v.53 no.1
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    • pp.67-72
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    • 2004
  • This paper addresses the bidding strategies of generating firms in a competitive market where the firms are provided with payment for generating reactive power. Reactive support for voltage control is an integral and critical part of power system operations. Since reactive support is unbundled in a competitive market under open access transmission, it is treated as one of ancillary services. The operation costs and opportunity costs for reactive support are compensated by payment to the firms, hence their bidding strategies will be affected. The opportunity costs are evaluated from the foregone profits of a generator in making sales in real power market by providing reactive support instead of real power. Game theory approach is used to analysis the transaction strategies of real power by the bimatrix method in this paper. Through computing the Nash equilibrium in a sample system, an incentive of a generator for improving the reactive generating capacity is found to be effective and the variations of the profits are analyzed as the demand power factor changes.

A Study on the Implementation of E-trade in International Procurement Market (국제조달시장의 전자무역 구현에 관한 연구)

  • Lee, Sang-Jin;Chung, Ja-Son
    • International Commerce and Information Review
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    • v.6 no.3
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    • pp.137-157
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    • 2004
  • It is very necessary to find how to develop international government procurement by analyzing functions and roles of information providing circumstance and existing total international government procurement information system. In addition, it would require to draw up a way of improving current international government procurement information system based on the problems of existing system. In this study, we analyze the current status of Korean international government procurement information system and give an idea of mutual cooperating with DGMARKET, a good example of international government procurement information system. As a practical method, cooperating with DGMARKET by building each countries' gateway will be very helpful in cost saving and providing information. It will also complement the limitation of Korean system's one way service. But supplying only international government procurement information is insufficient in realization of e-trade in international goverment procurement market. To settle these problems, treating international government procurement as a same field of trade and giving political support and incentive to company which hopes to participate international goverment procurement are absolutely needed.

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Work Engagement in Nursing: A Concept Analysis (Focusing on Nursing Professional Group) (간호직무열의에 대한 개념분석(간호 직군 중심으로))

  • Nam, Eun Sook;Kim, Ri Whaol;Kim, Joo Hyun
    • Journal of muscle and joint health
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    • v.27 no.2
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    • pp.112-121
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    • 2020
  • Purpose: This study aims to determine the conceptual properties of work engagement in nursing professional groups, and to provide basic data for nursing personnel management. Methods: To identify a nurse's work engagement, data were analyzed according to Walker & Avant's concept analysis method. Results: The analysis identified four work engagement attributes in nursing professional groups, namely: vigour, dedication, absorption, and zest. Conclusion: To bolster nurses' engagement with their duties, it is necessary to provide opportunities and implement interventions such as incentive system in performance evaluation based on work engagement in nursing, appropriate education program, and positive work environment.

Strategies for Activating BIM-data Sharing in Construction - Based on cases of defining practical data and a survey of practitioners - (건설분야 BIM 데이터 공유 활성화 전략 - 건설 실무분야의 데이터 연계방법과 실무자 설문을 기반으로-)

  • Kim, Do-Young;Lee, Sung-Woo;Nam, Ju-Hyun;Kim, Bum-Soo;Kim, Sung-Jin
    • Journal of KIBIM
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    • v.12 no.1
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    • pp.72-80
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    • 2022
  • It has become mandatory to designs by BIM in construction. It is urgent to make accurate decisions through the linkage between complex and various types of data in projects. In particular, block-chain based data sharing process (using BIM files, general construction submitted files) is essential to support reliable decision making in complex data flood systems. Prior to developing data sharing system based on block-chain, in this paper, a data linkage method is proposed so that practitioners can simultaneously utilize existing construction information and BIM data. Examples are shown based on the construction classification system and file expression, and incentive strategies are explored through a survey so that heterogeneous information can be used at the same time in overall projects.

Domestic Remodeling Business Status and Improvement Strategy (국내 리모델링 사업현황과 개선전략)

  • Chung Tae-Hun;Lim Ho-Jin
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • autumn
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    • pp.82-87
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    • 2003
  • Domestic remodeling market is now growing centering around non housing building. Unlike non housing building remodeling business, understanding of remodeling demanders accustomed to profit of reconstruction, deficiency of experience performing remodeling project and construction, shortage of will performing remodeling policy and detailed action method are difficulties in performing apartment building remodeling business. Understanding change of remodeling demanders. strong economic incentive by government, construction management paradigm shift from new construction into building life cycle, application of construction method using existing building condition before remodeling and remodeling related industry infrastructure are required to improve this remodeling business circumstances.

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What Affects the Value of Information Privacy on SNS?

  • Jung, Woo-Jin;Lee, Sang-Yong Tom
    • Asia pacific journal of information systems
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    • v.25 no.2
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    • pp.289-305
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    • 2015
  • The dramatic growth of social networking sites (SNS) has created a myriad of privacy concerns. Our study focuses on how much monetary incentive SNS users are willing to accept in exchange for disclosing their SNS information by accepting friend requests. First, we focused on information privacy in SNS, and estimated the value of information privacy by using the contingent valuation method. Second, we attempted to estimate how SNS users' willingness to accept would change when demographic information and additional information vary. Privacy-sensitive SNS users have the following characteristics: higher education, less SNS experience, and higher security consciousness. On the contrary, those who make good use of SNS and use open-based SNS are less sensitive to privacy. In summary, privacy-sensitive SNS users are fearful or uneasy when they have insufficient control of SNS information. Considering 14 conditions on the value of information privacy on SNS, the mean value of SNS information per person is 173,957 won. If we apply this value to Facebook users, the total Facebook information value would be 1.91 trillion won, considering that there are 11 million users in Korea.