• Title/Summary/Keyword: Initial Capital

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A Study on Brand Selection Property of Preliminary Business Founder In Food Service Franchise Foundation (외식 프랜차이즈 가맹점창업 시 예비 창업자의 브랜드 선택 속성에 관한 연구)

  • Sung, Daw-kwon;Wu, Jong-phil;Lee, Hyung-gun
    • The Korean Journal of Franchise Management
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    • v.3 no.1
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    • pp.92-110
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    • 2012
  • Due to the social problems including recent economic crisis and unemployment rate increase, the demand of business foundation market has been increased and, in the meantime, on the basis of the business foundation support policy of the government including youth foundation support policy and Small & Medium Business Administration foundation planning, business foundation market has been showing steady growth trend. With this enlargement of foundation market, as the accompanied increase of franchise market is expected, it is considered that the importance of more realistic and concrete research about franchise market be larger than before. This study considered brand image, main office support, foundation cost, information search activity as the advanced variable of effect on brand selection and established the cause of effect on brand selection by improving the existing advanced research, and its result is as follows. First, according to foundation business kind, age, sex, yes or no of marriage, there is some difference III the thought about brand image and foundation possibility. Second, Second, the most important factor of franchise contract intention is economical specificity. It is difficult to consider brand image, franchise support and information search activity as the property having a big effect on preliminary founder, and it was shown that the cost for franchise management(Consistency with initial foundation cost and self-capital, promotion cost, management fund, facility/equipment reinvestment, etc.) is an important property. Specially, it was shown that consistency with initial foundation cost and self-capital is the most important factor for preliminary founder.

Verification Test of High-Stability SMEs Using Technology Appraisal Items (기술력 평가항목을 이용한 고안정성 중소기업 판별력 검증)

  • Jun-won Lee
    • Information Systems Review
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    • v.20 no.4
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    • pp.79-96
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    • 2018
  • This study started by focusing on the internalization of the technology appraisal model into the credit rating model to increase the discriminative power of the credit rating model not only for SMEs but also for all companies, reflecting the items related to the financial stability of the enterprises among the technology appraisal items. Therefore, it is aimed to verify whether the technology appraisal model can be applied to identify high-stability SMEs in advance. We classified companies into industries (manufacturing vs. non-manufacturing) and the age of company (initial vs. non-initial), and defined as a high-stability company that has achieved an average debt ratio less than 1/2 of the group for three years. The C5.0 was applied to verify the discriminant power of the model. As a result of the analysis, there is a difference in importance according to the type of industry and the age of company at the sub-item level, but in the mid-item level the R&D capability was a key variable for discriminating high-stability SMEs. In the early stage of establishment, the funding capacity (diversification of funding methods, capital structure and capital cost which taking into account profitability) is an important variable in financial stability. However, we concluded that technology development infrastructure, which enables continuous performance as the age of company increase, becomes an important variable affecting financial stability. The classification accuracy of the model according to the age of company and industry is 71~91%, and it is confirmed that it is possible to identify high-stability SMEs by using technology appraisal items.

Mass Loss and Changes of Nutrients during the Decomposition of Typha angustata (애기부들의 분해 및 분해과정에 따른 영양염류의 변화)

  • 문형태;남궁정;김정희
    • Korean Journal of Environmental Biology
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    • v.18 no.1
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    • pp.105-111
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    • 2000
  • Mass loss and changes of mineral nutrient during the decomposition of Typha angustata for 13 months from November in 1998 to December in 1999, were investigated in small watercourse in Boryeong, Chungnam Province, Korea. After 13 months, remaining mass of leaves, stems and rhizomes was 34.7%, 59.2%, 7.2%, respectively. The rate of weight loss of the rhizomes was significantly higher than those of the leaves and stems. The decay rate of leaves, stems and rhizomes was 1.06, 0.52, $2.63 yr^{-1}$, respectively Initial concentration of nutrients in leaves, stems and rhizomes was 11.5, 9.0, 14.5 mg/g for N, 0.30, 0.27, 0.47 mg/g for P, 20.7, 26.9, 26.6 mg/g for K, 14.50, 4.77, 3.25 mg/g for Ca, and 1.99, 1.32, 2.07 mg/g for Mg, respectively. Except for Ca, concentrations of nutrients in rhizomes were higher than those in stems and rhizomes. There was no immobilization period during the decomposition of each organ of T. angustata. In case of K, most are lost during the first 1 month. Phosphorus in decomposing leaves and stems lost 58% and 66%, respectively, of the initial P capital within 1 month. [Decay rate, Decomposition, Immobilization, Macrophytes, Nutrients, Typha angustata].

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Symptomatic Post-Discectomy Pseudocyst after Endoscopic Lumbar Discectomy

  • Kang, Suk-Hyung;Park, Seung-Won
    • Journal of Korean Neurosurgical Society
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    • v.49 no.1
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    • pp.31-36
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    • 2011
  • Objective: The objectives of this study were to determine the frequency of symptomatic postdiscectomy pseudocyst (PP) after endoscopic discectomy and to compare the results of surgical and conservative management of them. Methods: Initial study participants were 1,503 cases (1,406 patients) receiving endoscopic lumbar discectomy by 23-member board of neurosurgeons from March 2003 to October 2008. All patients' postoperative magnetic resonance imaging (MRI) scans were evaluated. On the postoperative MRI, cystic lesion of T2W high and T1W low at discectomy site was regarded as PP. Reviews of medical records and radiological findings were done. The PP patients were divided into two groups, surgical and conservative management by treatment modality after PP detection. We compared the results of the two groups using the visual analogue scale (VAS) for low back pain (LBP), VAS for leg pain (LP) and the Oswestry disability index (ODI). Results: Among 1,503 cases of all male soldiers, the MRls showed that pseudocysts formed in 15 patients, about 1.0% of the initial cases. The mean postoperative interval from surgery to PP detection was 53.7 days. Interlaminar approach was correlated with PP formation compared with transforaminal approach. (p=0.001).The mean VAS for LBP and LP in the surgical group improved from 6.5 and 4.8 to 2.0 and 2.3, respectively. The mean VAS for LBP and LP in the conservative group improved from 4.4 and 4.4 to 3.9 and 2.3, respectively. There was no difference in treatment outcome between surgical and conservative management of symptomatic PP. Conclusion: Although this study was done in limited environment, symptomatic PP was detected at two months' postoperative period in about 1% of cases. Interlaminar approach seems to be more related with PP compared with transforaminal approach.

Verification Test of High-activity SMEs Using Technology Appraisal Items (기술력 평가항목을 이용한 고활동성 중소기업 판별)

  • Lee, Jun-won
    • Journal of Technology Innovation
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    • v.28 no.1
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    • pp.31-52
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    • 2020
  • This study was started to verify the preliminary(Ex-ante) discrimination power of the firm's high-activity using the 'Forward-looking' oriented technology appraisal model used in technology financing. The analytical firms are classified into the industry (manufacturing / non-manufacturing) and the age of company (initial / non-initial). High-activity SMEs are defined as those that achieve at least twice the average asset turnover ratio of the cluster. As a result of the discriminant model by applying C5.0 method, which is one of decision tree models, classification accuracy is more than 99% in all industries and the age of company, and it is confirmed that the discriminant power of the model is stable. As a result, the management expertise, capital involvement and funding capacity items were identified as a critical variable for the high-activity SMEs. In addition, the technology management capability and technology life cycle were also confirmed to be the items to determine high-activity SMEs in the manufacturing industry. Through this, it was possible to confirm some possibility of prior discrimination and policy utilization of high-activity SMEs by using technology appraisal items.

Study on the Gender Differences in Investment Attraction Performance of Early Start-Up (창업초기 투자유치성과의 성별 차이에 대한 연구)

  • Kong, Hyewon;Choo, Seungyoup
    • The Journal of the Korea Contents Association
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    • v.21 no.9
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    • pp.570-579
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    • 2021
  • Compared to men, women experience difficulties in fund-raising, which can be a fundamental impediment to the success of women entrepreneurs. In this study, we examine whether is a difference between genders in the initial funding performance of start-up companies and confirm whether there are differences in organizational factors and entrepreneur factors that affect the initial funding performance. Data were collected through a survey of technology-based start-up companies located in the metropolitan area, and 287 companies were used for hypothesis analysis. The results reveal that there was a significant difference between genders in the investment attraction performance of early-stage entrepreneurs. In addition, as a result of the split-group regression analysis, it was found that in the case of men, firm age, early firm size, starting capital, engineering major had a significant effect on men. However, in the case of the women's group, it was confirmed that all the variables related to the organizational factors and entrepreneur factors were not significant. This study indirectly suggests that prejudices such as gender role stereotypes actually affect economic activities related to investment attraction activities.

Educational examples of game development methodology and paper prototyping for effective digital game creation

  • Choi, Bu-ho
    • Journal of the Korea Society of Computer and Information
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    • v.26 no.11
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    • pp.59-66
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    • 2021
  • This study is to verify the effectiveness of initial planning verification using paper prototyping while methodologies are being developed to verify the direction of game planning in a short time at low cost since it is having a hard time to verify the direction and fun of the game by taking a lot of capital and time in the initial planning process as the game development becomes larger. It conducted paper prototyping production for about 40 students who are learning game planning for a semester, and trained them on how to motivate using core mechanical diagrams, scrums, and basic psychological needs that can effectively materialize the ideas of their early game planning. Through this curriculum, board games were completed with eleven paper prototyping, and it was confirmed that students who participated in the class were meaningful in verifying fun and securing gameability through cross-play.

A Spatial Autoregressive Analysis on the Indian Regional Disparity (인도경제의 지역불균형 성장과 공간적 요소의 효과에 관한 실증 분석)

  • Lee, Soon-Cheul
    • International Area Studies Review
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    • v.16 no.1
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    • pp.275-301
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    • 2012
  • This study analyzes the regional disparity in India between 24 states over the period 1980 to 2009. The traditional regressive and spatial autoregressive models are used that includes measures of spatial effects. The results provide no evidence that convergence is valid in India. However, the results indicate that spatial interaction is an important element of state growth in India. The result of spatial analysis excluded two outliner states reveals more strong relationship between the weighted spatial income level and the state growth rates. Moreover, the results find that the coefficients of spatial lag of initial per capital and error terms are significantly negative. The coefficient of variation measures that the distribution of state income level has diverged over time. Therefore, this study concludes that the growth of regional state income does not have a tendency to converge rater than diverge. The results is rational because as the Indian economy is growing rapidly, some states grow faster than the others while initial poor states become the poorest ones, which increases regional disparity in India.

Guide-line for Developing a Maintainability Program (보전성 경영 프로그램 개발을 위한 지침)

  • 이낙영;김종걸;권영일;홍연웅;전영록;나명환
    • Proceedings of the Korean Reliability Society Conference
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    • 2001.06a
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    • pp.269-269
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    • 2001
  • Maintainability refers to the ease with which maintenance work can be done. It involves the process of ensuring that products can be easily and safely maintained and that the maintenance support requirement is minimized. When a product has a reasonably long life, the cost of operation and support during that life can greatly exceed the initial capital cost. The value to the customer of optimizing maintainability should be evident. Some effort and expense applied to achieving a product which can be easily and cheaply maintained will make very significant savings in the life cycle costs. In this paper, the International Standard IEC 60300-3-10, which is the application guide for maintainability, is considered. This standard can be used to implement a maintainability program covering the initiation, development and in-service phases of a product. It provides guidance on how the maintenance aspects of the tasks should be considered in order to achieve optimum maintainability. The elements of a maintainability program, which are maintenance policy and concept, maintainability studies, project management, design for maintainability, analysis and prediction methods, maintenance verification and validation, analysis of life cycle cost, maintenance support planning, and collection and analysis of maintenance data, are fully discussed in this paper.

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Intelligent Allocation of Transporting Resources in Logistics using Genetic Algorithm (유전자 알고리즘을 이용한 물류에서의 지능적 운송 자원 할당)

  • Kim, Ju-Won;Cha, Yeong-Pil;Jeong, Mu-Yeong
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2004.05a
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    • pp.23-26
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    • 2004
  • Recently, most of countries in the world are investing huge amount of capital for the infrastructure of logistics and trying to gain dominating position in logistics. To play the role of important hub in logistics, an efficient, flexible, and fault-tolerant transportation process should be developed. Minimization of transportation cost and timely deliveries in the unpredictable environment are a few of the important issues in logistics. This study suggests a way of transporting goods to destinations at the minimal cost and with the minimal delay by optimally allocating transporting resources. Various attributes in transportation such as due date, priority etc. are also considered. Appropriate transporting resources for each work item is selected by calculating the weighted sum of the cost factor and the delay factor assuming that initial sequences of work items are given. A policy to reallocate transporting resources is also suggested when work items or transporting resources are added or deleted because of accidents or disturbances. This policy provides adaptability to the allocation methodology which enables the system to cope with changing environment by controlling various attributes in transportation. Genetic algorithm is used for this approach.

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