• Title/Summary/Keyword: Investment Priority

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The importance of plant location decision-making in the petrochemical industry (석유화학업체의 플랜트 입지 선정의 중요성에 대한 연구)

  • Jung, Yoon-Jung;Woo, Su-Han;Park, Keun-Sik
    • Journal of Korea Port Economic Association
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    • v.31 no.1
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    • pp.127-145
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    • 2015
  • Plant location selection is a decision which requires huge investment and entails a significant impact in a longer-term. The petrochemical industry, in particular, is so capital- and technology-intensive that the firms in the industry pursue enhancing competitiveness through collaboration and integration among entities in their supply chains. Even though the logistics factor such as logistics costs and connectivity have, as a result, gained its importance in plant location decision making, this has rarely studies in empirical studies. Therefore, this study aims to examine the relative importance of the logistics factor in plant location decision making in the petrochemical industry using the multi-criteria decision-making approach. In addition the three representative petrochemical industrial complexes are evaluated by the factors used in this study. This study is able to provide the useful implication in both practical and policy-making aspects. Firms are required to consider the logistics factors with priority compared to other factors in plant location decision making. In addition, when federal or local governments build industrial sites and attract the petrochemical firm, logistics infrastructure should also be considered to provide better transportation connectivity and lower logistics costs in turn.

A Research on Derivation of Strategic Brain Research Areas by the AHP Approach (AHP를 이용한 뇌융합 전략분야 발굴 연구)

  • Kim, Junhuck;Suh, Dukrok;Choi, Jee Hyun;Kim, Han-Gook
    • The Journal of the Korea Contents Association
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    • v.16 no.4
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    • pp.36-44
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    • 2016
  • This article serves as a guideline to the policy on Korea brain science program. Given limited resources within Korea, setting priorities in brain science topics is important in science policy. In this study, we determined the priorities of important brain science topics based on the frontier properties, innovativeness, and prospective outcome. Firstly, the significant topics were chosen after the interview with the top nationwide brain scientists, which were neuroglia, brain precision medicine, neuromorphic engineering, neuroepigenetics, and brain oscillation. Secondly, the analytic hierarchy process (AHP) survey were conducted to prioritize and assign the important weight for not only the criteria but also the research topics in pair choice evaluation. In regards to the importance among the criteria, prospects of the topic was determined to be the top criterion to ranked criterion to consider in the government investment. The priority of the research topics was determined by the order for the project to be considered in national science policy in a comparative way.

A Study on the Risk Evaluation of Construction Management Based on Risk Identification (위험도 기반 건설경영 리스크 평가에 관한 연구)

  • Lee, Hyun-Chul;Lee, Gun;Yeo, Sang-Ku;Go, Seong-Seok
    • Korean Journal of Construction Engineering and Management
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    • v.10 no.3
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    • pp.83-91
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    • 2009
  • Construction industry is a complex industry which should be invested with plenty capital, manpower and resources. Investment factors and inner and outer environmental factors should be managed systemically in terms with risk factors possible to occur. It maximizes the profit to establish construction management by managing risk systemically. While previous studies were executed with risk related to some special progress lively, studies about risk in managing construction company leave much to be desired. Therefore, this study examined risk in the whole construction management, showed the checklist and deduced the quantitative factors through questionnaire analysis from specialists. Also, priority and grade of construction management factors were evaluated by analyzing weight of construction risk factors.

Decision Making for the Industrial Security Management Measures' Importance in Operation Level (운영 수준에서의 산업보안 관리대책 중요도 결정)

  • Chae, Jeong-Woo;Jeong, Jin-Hong
    • The Journal of the Korea Contents Association
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    • v.13 no.4
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    • pp.389-398
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    • 2013
  • This study aims to support rational security investment decision making through prioritizing on operational level of management measures strategically, in carrying out industrial security activities. For this, AHP survey is conducted against industrial security professionals and analyzed. Thereafter, the importance and the priority of industrial security management measures are determined. As a result, in a comparison evaluation among the criteria, 'ICT service management' represents the highest weight (0.54). And the sub-criteria could be divided into three groups (Group I, II, III), depending on their importance. The sensitivity analysis results show that if the weight of the criterion, 'ICT systems/networks access control' is doubled, the sub-criteria, 'O/S access control', 'application access control', and 'wired/wireless network access control' are enter into top rank group. In case of the criterion, 'physical/environmental security' is doubled, the sub-criteria, 'protection zoning/access control' and 'disaster prevention on business equipment/counter-terrorism' are enter into the top rank group, 'securing utilities' is enter into the mid rank group.

Analysis of the Technology Gap and Identification of R&D Priorities of Sports Industry in Korea (우리나라 스포츠산업의 기술수준 격차 분석 및 R&D 투자 우선순위 도출)

  • Rim, Myung Hwan
    • Journal of Information Technology Applications and Management
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    • v.24 no.2
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    • pp.97-112
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    • 2017
  • This paper aims to research the technology level of sports industry, through analyzing the technology gap between Korea and other major countries (USA, Europe, Japan, and China), and provide a list of technologies to be prioritized for R&D investment by conducting an analysis of the strategic importance of various element technologies. The results of the analysis showed that the technology level of Korean sports industry currently stands at 70.5% of the country with the most advanced technology (the USA), and that the technology gap amounts to 4.8 years. It was also found that the USA is the country with the most advanced technology (100%) at present, followed by Europe (91.1%), Japan (88.3%), Korea (70.5%), and China (61.2%). To reduce the technology gap, we established a Strategic Zone (SZ) and derived three element technologies including 'design and production technologies for sports and game equipment' in the $1^{st}$ tier, nine element technologies including '3D motion analysis and simulation technology' in the $2^{nd}$ tier, and four element technologies including 'fitness/health promotion and management technology' in the $3^{rd}$ tier. The significance of this research is that it included five major technology categories of the sports industry in its analysis, selected an expert on sports industry technologies using the delphi method. Therefore, the results of this study may be suitable for use as basic data in establishing the R&D strategy for the future development of the sports industry.

Investigation on Key Success Factors for Future Broadcasting and Telecom Convergence Service Using AHP Method (계층적분석방법을 이용한 차세대 방통융합서비스의 핵심 경쟁 요인에 관한 연구)

  • Yoo, Jae-Heung;Choi, Mun-Kee;Kim, Sun-Joong;Cho, Ki-Sung
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.36 no.6B
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    • pp.650-662
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    • 2011
  • The competition among companies in converged market of broadcasting and telecommunications has become severe. Companies in this market have vertically integrated critical resources by acquiring or strategically allying with relevant companies. However, the expansion of business territory accompanies financial, organizational, and technological risks. As such, it is important to identify critical success factors that highly affect the company's competency. This study is aimed at delivering strategic implications for firms playing in the converged market of broadcasting and telecommunications by drawing the priorities of competitive resources to acquire. To do this, we selected four teen specific core resources on CPNT (content- platform - network - terminal) value chain. Then, we conducted an Analytic Hierarchical Process (AHP) using data from experts in this industry. As a result, the priority for acquisition of competitive resources is presented as follows: broadcasting programs, implementation of TV application store, multi-platform, investment on wireless network, and diffusion of mobile devices. In addition, the result shows that the platform-centric vertical integration is the most promising strategy for competition.

Method for Calculating the Line Capacity Using Computer Aided Simulation (시뮬레이션 기법에 의한 선로용량 산정방법)

  • Choi, Jong-Bin;Lee, Jinsun;Ki, Hyung-Seo
    • Journal of the Korean Society for Railway
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    • v.19 no.4
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    • pp.555-563
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    • 2016
  • Line capacity of railways is a core criterion to decide maximum trips in accordance with traffic demand and a priority in railway investment to improve transportation capability. Particularly, because two operators will start revenue services in the HSR from mid-2016, the line capacity should be carefully calculated and controlled to avoid conflicts between the maximum number of KTXs, and the number needed to guarantee the effective competition of the operators. Meanwhile, there have been many arguments about calculating the line capacity, because this number is affected by the number of trips by train types, stopping pattern and dwell time in each station, journey time, crossing or passing, safety headway between trains, etc. To deal successfully with these kinds of problems, this study proposes a simulation method to calculate the line capacity that considers train operation according to the operator's service policies.

Determining Investment Priorities Using Aggregating Indicator of Regional Economic Effects: Case of the Offshore Project for Fishery Stock Enhancement (지역경제파급효과 종합지표를 이용한 투자 우선순위 결정 : 근해 수산자원 증대사업 사례)

  • Kang, Seok-Kyu;Kang, Gi-Choon
    • The Journal of Fisheries Business Administration
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    • v.51 no.4
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    • pp.123-136
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    • 2020
  • This study attempted to propose a method of determining a project implementation area according to the purpose of the Offshore Project for Fishery Stock Enhancement after analyzing the regional economic effects in advance targeting the candidate regions for the Offshore Project for Fishery Stock Enhancement. The main results of this study can be summarized as follows: first, in comparison with the overall effect of the Offshore Project for Fishery Stock Enhancement to 2013, the production inducement coefficient increased by 0.08 in the region, but decreased by 0.39 in other regions and by 0.33 in the whole country. The value-added inducement coefficient increased by 0.01 in the region and by 0.06 in other regions, increasing 0.27 for the whole country. In the case of the employment inducement coefficient, the number of workers in the region decreased by 9.48 and increased by 0.3 in other regions, resulting in a decrease of 9.1 people in the whole country. Second, depending on the purpose of the Offshore Project for Fishery Stock Enhancement, an aggregating indicator of economic effects within the region, an aggregating indicator of economic effects in other regions, and an aggregating indicator of economic effects across the country were prepared to be used to determine the priority of the project implementation region. There was a little difference between the 2013 and 2015 regional rankings according to the standardization method, indicating that the analysis results were somewhat consistent. In conclusion, the results of this study may contribute to determine the project implementation area according to the purpose of a specific project after analyzing the regional economic effect in advance.

An Awareness Analysis on the Design for Safety of Construction Project and Its Improvement Measures (건설프로젝트의 설계안전성 검토에 대한 인식 분석 및 개선방안)

  • Shin, Won-Sang;Son, Chang-Baek
    • Journal of the Korea Institute of Building Construction
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    • v.19 no.4
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    • pp.351-359
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    • 2019
  • Recognizing that the fundamental cause of construction safety accidents was a lack of safety management activities in the planning and design phases, the government made the Design for Safety (DFS) system mandatory in May 2016. However, awareness among ordering parties and designers regarding this system is significantly low, and the system has not been properly established due to reasons such as the need for additional work and a lack of professional manpower. In this study, the awareness of ordering parties and designers of the DFS system was analyzed through a survey, various problems in DFS work execution were identified and measures for improvement were presented. Measures to improve the efficiency in DFS work execution involve the discovery of risk factors and establishment of countermeasures, and here the establishment of a DFS work support system that enables the sharing of information between institutions is the most urgent priority. In addition, it is also urgently necessary to establish a dedicated organization in charge of DFS work, cultivate professional manpower, develop the relevant education programs and establish a proper cost calculation standard for DFS work execution by design offices.

Analysis on the National R&D Trends Related to Agro-Healing Using NTIS R&D DATA in Korea (NTIS 국가연구개발사업 정보를 활용한 치유농업 국가 R&D 동향 분석)

  • Jung, Yeo-Joo;Kim, Jeong-Eun;Ryu, Jin-Seok;Yang, Myung-Seok;Kim, Dae-Sik
    • Journal of Korean Society of Rural Planning
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    • v.27 no.3
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    • pp.85-92
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    • 2021
  • As the paradigm of green has been expended as the core of sustainable development in Korea, agro-healing projects increasingly have been a priority at the national policy and investment area. But little is known about the current overview of national research and development(R&D) related to agro-healing. The aim of this study was generally to investigate the research trends of national R&D related to agro-healing over the past five years. Dataset were gathered from provided by National Science & Technology Information Service(NTIS), word cloud techniques were applied. The main results showed that amounts of number and funding related to agro-healing projects have been increasing. In particular, the Rural Development Administration had the highest number of research, and it was found that the Ministry of Trade, Industry and Energy have spended a lot of money on agro-healing. As a results, it is necessary to expand the scope of the field of agro-healing projects, especially at the multisectoral and intersectoral level for improving health, well-being and a sustainable future.