• Title/Summary/Keyword: Investment Activity

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Measuring productivity improvement by Machine Guidance through work sampling in earthwork

  • Eom, Julee;Kang, Youngcheol;Lee, Yongsei;Choi, Pyungho
    • International conference on construction engineering and project management
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    • 2020.12a
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    • pp.409-416
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    • 2020
  • This paper proposes a study measuring productivity improvement by using a type of technology called "Machine Guidance" through work sampling in earthwork. Earthwork is the activity typically on the critical path, indicating that productivity for the activity is critical for managing schedule on time. Thanks to the development of sensing and information system technologies, productivity for earthwork has been improved. While there have been many studies investigating the application of a certain type of technology to earthwork, few studies have measured the productivity improvement and presented how the technology leads to productivity improvement. Based on the thorough literature review, it is hypothesized that Machine Guidance contributes to improving productivity of earthwork by reducing indirect workhours spent for information waiting and inspection. In addition to the literature review, this paper presents a research model to test the hypothesis by using the work sampling technique. By proving and quantifying the productivity improvement from the technology use, this study can help practitioners justify the investment for technology use, which will contribute to the deployment of technology and more effective execution of earthwork.

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The Meaning of Resell Activities Using the Online Second-hand Platform (온라인 중고 거래 플랫폼을 활용한 리셀의 의미)

  • Juha Park;Jaehoon Chun
    • Journal of the Korean Society of Clothing and Textiles
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    • v.47 no.5
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    • pp.822-838
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    • 2023
  • Reselling, an activity of purchasing high-scarcity products and selling them back at high prices, has gained popularity among those in their 20s and 30s in recent years. This study examines the resell activity process of the MZ generation using the online second-hand platform and its inherent meaning. Interviews with 15 participants in their 20s and 30s showed that respondents have four purchase stages: being influenced by social media, collecting and comparing information using various social media, purchasing efforts, and post-purchase behavior. The research derived three inherent meanings of resell activities: (1) means of self-presentation and differentiation, (2) confirmation of investment skills and aptitude to lead fashion trends, and (3) pleasure of consumption. Respondents indicated meeting self-satisfaction through public selfies on social media. In addition, they emphasized the empirical pleasure during the buying journey by collecting product information, comparing prices, and negotiating with buyers. Our findings confirm the spread of resell activities from minority groups to enthusiastic youth. This study is significant for focusing on fashion products that attract attention in the resell market and examining the respondents' consumption experiences from various perspectives.

A Study on the Effects of the Information Asset Protection Performance on the Organization Performance: Management Activity and Control Activity (정보자산보호 성과가 조직성과에 미치는 영향에 관한 연구: 관리활동과 통제활동을 중심으로)

  • Kim, Kyung-Kyu;Shin, Ho-Kyoung;Park, Sung-Sik;Kim, Beom-Soo
    • Journal of Information Management
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    • v.40 no.3
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    • pp.61-77
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    • 2009
  • Recently, enterprises are protecting information assets with the various means of control and management. Nevertheless, they are confronted with the dilemma which the higher securitylevel they request, the lesser efficiency and productivity in short terms they acquire by the inconvenience of business process. In addition, in spite of the steady increase of organization's investment on information protection, the systematic way for the performance measurement of information protection has not been suggested, so that in reality, it is difficult to make the decision to invest on information-protection and elicit the direction to improve it. For this reason, this study intended to establish the concept of the protection and security of information assets of enterprises and to categorize the type of activities to protect information assets into management activity and control activity, and analyze the effects of management activity and control activity for information asset protection on the performance of information asset protection activity and organization. For this research, questionnaire survey was conducted with literature study and the PLS(Partial Least Square) was used to analyze the measurement model and hypotheses testing. The PLS analysis results indicate that management activity for information asset protection affects information asset protection performance. Further, organizational performance is influenced by information asset protection performance. Practical implications of these findings and future research implications are also discussed.

Sewage disposal system management policy in Korea (우리나라의 하수도사업현황 및 시책방향)

  • 류지영
    • Journal of environmental and Sanitary engineering
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    • v.10 no.1
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    • pp.1-11
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    • 1995
  • We had passed through a serious water pollution with a rapid urbanization and industrialization in the 1960's. Seoul Chunggyechun Sewage Disposal System set uP in 1966 and finished in 1976, as the first sewage disposal system in Korea, had covered only 4 percentage of the sewage disposal system per capita for 10 years. Through holding the Asian Games in 1986 and the Olympic Games in 1988, we expanded the sewage disposal system so that it became increased 18 percentage of the population in 1986. Finally, we have installed about 60 sewage disposal system by 1994 for a large environmental investment which was critically caused by "Phenol Accident in Nakdong River" . Now, the sewage disposal system per capita covers 42 percentage and the activity for water quality improvement is going on rapidly. The method of sewage disposal is mainly "activated sludge process" . However, the technical ability for the sewage disposal has largely developed since 1991 so the "extended aeration process" is used in Po$\v{u}$n, Tangyang, Mun$\v{u}$i, "rotating biological contact process" in Onch$\v{u}$ng, Pukok, and "oxidation ditch process" in K$\v{o}$ch'ana.

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A Game Model on the Venture Capitalist's Investment Strategies Capitalists under Uncertainty and Information Asymmetry (불확실성과 정보비대칭성 하에서 벤처캐피탈의 투자전략에 관한 게임 모형)

  • Lee, Ju-Heon
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2004.05a
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    • pp.568-571
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    • 2004
  • 본 논문의 목적은 벤처캐피탈(Venture Capitalist)의 투자전략을 게임이론을 통해 분석하고 이해하자는 것이다. 벤처캐피탈은 성장가능성은 높지만 불확실한 벤처기업에 투자하는 전문투자자이다. 벤처캐피탈은 이익을 극대화하기 위해서 성장가능성이 크고 위험관리가 가능한 기업에 투자를 하여야 한다. 하지만, 벤처캐피탈은 일반적으로 제한된 시간과 벤처기업의 속성 때문에 기업에 대한 정보가 부족한 상태에서 투자결정을 내려야 하는 경우가 대부분이다. 투자가 이루어진 후 벤처캐피탈은 벤처기업의 운영 및 기업활동을 감시(Monitor)하고 자문활동(Consulting Activity)을 수행하면서 차츰 기업에 대한 정보를 습득하게 되고 기업의 가치를 판단할 수 있게 된다. 본 논문은 앞에서 기술한 바와 같은 정보 불확실성 상태에서 창업자의 효용(utility)와 벤처캐피탈의 가치평가(value evaluation)를 바탕으로 벤처캐피탈의 투자전략을 게임이론을 통해 분석하였다. 본 논문은 벤처캐피탈이 전환사채형태의 투자를 하는 논거를 밝혀내었다.

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Strategic Technology Management of Automotive Steel Sheets Makers (자동차용 강판 제조업체의 전략적 기술경영)

  • Jung, Kyung-Hee;Lee, Sang-Kyu
    • IE interfaces
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    • v.16 no.3
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    • pp.291-299
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    • 2003
  • The managerial environment of automobile industry has been rapidly changing, mainly with the tighter standard of legal and environmental regulations, the pressure of cost reduction from the end-user, the various functional improvements of vehicles, and the globalization management. In order to survive in this complicate circumstances, the automakers have strongly pursued the mutual collaboration with the suppliers, especially tier-1, for the optimal selection of parts/materials and the assembly manufacturing processes of the new model development. They prepare the early involvement program for the suppliers during the conceptual design stage, and implement the win-win strategy of technology development activity, in order to improve the value creation. This study considers the strategic technology management of automotive steel sheets makers on the aspects of strategy, processes, human & physical resources, and organization structure. It also suggests the corporate strategies of steel mills, in order to obtain the technology competence.

Research Trends and Challenges in Technology Development of Medical Electronic Implant Devices (이식형 전자의료기 연구동향과 기술개발의 과제)

  • Cho, Jin-Ho
    • Journal of Biomedical Engineering Research
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    • v.29 no.6
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    • pp.415-430
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    • 2008
  • The technologies in medical electronic implant(MEI) devices are developing rapidly, and already, there are various kinds of the MEI devices in the current medical equipments market. Recently, the global market scale of MEI devices have been increased about 13% year by year, and the import amount of MEI devices in Korea is increasing rapidly. In the near future, the demands of MEI devices will be magnificently increasing by the continuous development of the biomedical electronics devices which coupled with neural, brain and other organs will bring us to tremendous effects, such as providing new therapeutic solutions to patients, extension and saving human life, and an important clue of medical development. However, the investment of the research and the activity of developments in this field are still very weak in the Korea. Consequently, this paper introduces about the research trends of MEI devices, and technological problems those must be solved, and then concludes with the suggestions in order to be the leading country in this field.

Technical Roadmap Building in Traditional Oriental Medicine Field - Focused on Jeju Region - (한방식품 개발 분야 기술로드맵 구축 - 제주지역을 중심으로 -)

  • Kim, Min-Cheol;Bu, Chang-San;Kim, Jae-Il
    • Proceedings of the Korea Technology Innovation Society Conference
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    • 2006.11b
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    • pp.155-166
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    • 2006
  • Application of industry roadmap is to propose the vision on the future through correction and supplement of various environment change(nation competition power uplift, origin technology development, long and short-term vision establishment, R&D investment improvement, co-work increase etc). Now, in Jeju region, Roles of traditional medicine is needed by environmental needs(competition loss of Jeju industry, limitation of tourism industry etc). Thus, the purpose of this study is to contribute to region economy activity by building the TRM of foods field in traditional oriental medicine industry through the analysis of earlier TRM paper and materials.

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Duopoly R&D competition with flexible spillovers

  • Kim, Hyoun-Jong;Yu, Pyung-Il
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 1995.04a
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    • pp.363-374
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    • 1995
  • A duopoly model of R&D competition is presented to investigate whether an equilibrium R&D level with flexible spillovers is insufficient (or excessive) from the viewpoint of social welfare. The model focus on flexible spillovers which include much portion of externality occurring in R&D activity. Flexible spillovers refer to the spillovers that vary with industry equilibrium level of R&D. Innovating firms have incentives to cooperate in R&D in the presence of large spillovers. For any symmetric R&D profile, socially desirable equilibrium output is larger than equilibrium output produced in duopoly. Cooperative equilibrium R&D investment is observed to be socially insufficient in terms of welfare criterion irrespective of the magnitude of spillovers. While noncooperative R&D yields socially excessive expenditure on research project for a certain range of spillovers.

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Business Ecosystems as a New Source of Competitiveness and a Role of Social Capital (기업 경쟁력의 새로운 원천으로서 비즈니스 생태계와 사회적 자본의 역할)

  • Joo, Jaehun;Shin, Matthew M.;Eom, Mike Tae-In
    • The Journal of Information Systems
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    • v.23 no.4
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    • pp.93-117
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    • 2014
  • How can business ecosystems be a source of firm's competitiveness? Is corporate social responsibility (CSR) is an investment activity for building sustainable business ecosystems? The purpose of this research is to identify the relationship between CSR, social value, sustainable business ecosystems, and firm's competitiveness by introducing a mediating role of social capital. We conducted in-depth interviews with seven informants from two domestic firms and four oversea firms. Three propositions were drawn by analyzing qualitative data collected from the interviews and literature review. Various activities creating social value including CSR and CSV (Creating Shared Value) are positively associated with sustainable business ecosystems. Firm accumulates social capital of the business ecosystem through creation of social value. Finally, the social capital of business ecosystem has a positive influence on firm's competitiveness. Implications were suggested for academics and practitioners.