• Title/Summary/Keyword: New Capital

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A Global Perspective on Green Sustainability, Corporate Reputation, and Technological Strength for Firm Performance Across Countries

  • Lee, Jooh
    • Journal of Distribution Science
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    • v.10 no.8
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    • pp.15-23
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    • 2012
  • This study is an attempt to explore the nature and characteristics of strategic impact of green strategy by environmental capital, corporate reputation, and technology strengths on the firm's performance across countries. The main question addressed in this paper relates to how corporate sustainability, corporate reputation, technology strength, and capabilities influence the firm's economic performance with respect to diverse dimensions of performance measures including sustained growth through the leading firms across countries in the United States, Canada, Europe, and Asia-Pacific countries. Particularly, this study attempts to empirically explore the directions and magnitudes of the operational links between new emerging strategic core competencies (e.g., sustainability green strategy by environmental focus for more sustainable path, corporate reputation by corporate social responsibility and image enhancement, and technology strengths to develop a new product and market) and the firm's economic performance with respect to diverse dimensions of performance such as accounting (ROE and EOA) - and market-based performance (Market value and Tobin's q). Considering all possible limitations that might exist with regard to selected samples and methods, this study demonstrates that environmental sustainability, corporate reputation, technological capabilities and competencies through R&D intensity and patent are most likely to be significantly associated with most market-based performance measures, but the strategic significance of other variables such as capital intensity, leverage, and administrative cost efficiency on performance tends to be different depending on which performance measure is used across different countries with diverse economic and business contexts.

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Establishing the Innovation Platform for the Sustainable Regional Development: Tech-Valley Project in Sejong city, Korea

  • Lee, Seo-Jeong;Lee, Eung-Hyun;Oh, Deog-Seong
    • World Technopolis Review
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    • v.6 no.1
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    • pp.5.1-5.12
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    • 2017
  • The Republic of Korea developed a national project to construct a new administrative capital, Sejong city and to relocate administrative organizations of the central government for improvement of overpopulated capital, Seoul and regional balanced development. By the way, to relocate the central administrative organizations was not a sufficient condition for the sustainable development of the city. An industrial infrastructure development has been tried to attract universities, enterprises and research institutions in the region as a demand for internal growth power of the city was increased. In addtion, a basis for regional endogenous growth through projects to establish innovation system based on industry-academia cooperation was prepared as well. This paper reviews the major contents of the development plans for Tech-Valley project and looks into major introductory functions, characterization plans, strategies for fostering strategic industry, cooperation system of the inside and outside the region, and a strategy for building innovation platform. This case can be regarded as a significance of constructing technology infrastructure for the sustainable growth by preparing foundation for establishing innovation system and a cluster based on this system in the process of building and developing new city which did not have any industrial platform in the region.

Economic Evaluation of Domestic Photoelectrochemical Hydrogen Production (국내 광전기화학 수소생산의 경제성 평가)

  • Gim, Bong-Jin;Kim, Jong-Wook
    • Transactions of the Korean hydrogen and new energy society
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    • v.21 no.1
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    • pp.64-71
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    • 2010
  • This paper deals with an economic evaluation of domestic immersing type photoelectrochemical hydrogen production. We also make some sensitivity analysis of hydrogen production prices by changing the values of input factors such as the initial capital cost, the solar to hydrogen conversion efficiency, and the system duration time. The hydrogen production price of the immersing type photoelectrochemical system was estimated as 8,264,324 won/$kgH_2$. It is expected that the production cost by photoelectrochemical hydrogen production can be reduced to 26,961 won/$kgH_2$ if the solar to hydrogen conversion efficiency is increased to 14%, the system duration time is increased to 20,000 hours, and the initial capital cost is decreased to 10% of the current level. The photoelectrochemical hydrogen production is evaluated as uneconomical at this time, and we need to enhance the solar to hydrogen conversion efficiency and the system duration time as well as to reduce prices of the system facilities.

Efficient Kernel Based 3-D Source Localization via Tensor Completion

  • Lu, Shan;Zhang, Jun;Ma, Xianmin;Kan, Changju
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.13 no.1
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    • pp.206-221
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    • 2019
  • Source localization in three-dimensional (3-D) wireless sensor networks (WSNs) is becoming a major research focus. Due to the complicated air-ground environments in 3-D positioning, many of the traditional localization methods, such as received signal strength (RSS) may have relatively poor accuracy performance. Benefit from prior learning mechanisms, fingerprinting-based localization methods are less sensitive to complex conditions and can provide relatively accurate localization performance. However, fingerprinting-based methods require training data at each grid point for constructing the fingerprint database, the overhead of which is very high, particularly for 3-D localization. Also, some of measured data may be unavailable due to the interference of a complicated environment. In this paper, we propose an efficient kernel based 3-D localization algorithm via tensor completion. We first exploit the spatial correlation of the RSS data and demonstrate the low rank property of the RSS data matrix. Based on this, a new training scheme is proposed that uses tensor completion to recover the missing data of the fingerprint database. Finally, we propose a kernel based learning technique in the matching phase to improve the sensitivity and accuracy in the final source position estimation. Simulation results show that our new method can effectively eliminate the impairment caused by incomplete sensing data to improve the localization performance.

Vertical Z-vibration prediction model of ground building induced by subway operation

  • Zhou, Binghua;Xue, Yiguo;Zhang, Jun;Zhang, Dunfu;Huang, Jian;Qiu, Daohong;Yang, Lin;Zhang, Kai;Cui, Jiuhua
    • Geomechanics and Engineering
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    • v.30 no.3
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    • pp.273-280
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    • 2022
  • A certain amount of random vibration excitation to subway track is caused by subway operation. This excitation is transmitted through track foundation, tunnel, soil medium, and ground building to the ground and ground structure, causing vibration. The vibration affects ground building. In this study, the results of ANSYS numerical simulation was used to establish back-propagation (BP) neural network model. Moreover, a back-propagation neural network model consisting of five input neurons, one hidden layer, 11 hidden-layer neurons, and three output neurons was used to analyze and calculate the vertical Z-vibration level of New Capital's ground buildings of Qingdao Metro phase I Project (Line M3). The Z-vibration level under different working conditions was calculated from monolithic roadbed, steel-spring floating slab roadbed, and rubber-pad floating slab roadbed under the working condition of center point of 0-100 m. The steel-spring floating slab roadbed was used in the New Capital area to monitor the subway operation vibration in this area. Comparing the monitoring and prediction results, it was found that the prediction results have a good linear relationship with lower error. The research results have good reference and guiding significance for predicting vibration caused by subway operation.

Analysis of Investment Tendencies of Korean Professional Angel Investors: Seeking Strategies for Revitalizing Angel Investment (국내 전문개인투자자의 투자 성향 분석: 엔젤투자 활성화 방안 모색)

  • Lee, Insoo;Joo-Yeoun Lee
    • Journal of the Korean Society of Systems Engineering
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    • v.20 no.spc1
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    • pp.45-55
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    • 2024
  • Amidst the challenges of the global economy, this paper examines the investment tendencies of professional angel investors, who provide venture capital and management consulting, and explores strategies to revitalize angel investment. According to the research findings, professional angel investors are generally older and more educated than regular angel investors, and they are concentrated in the metropolitan region. Additionally, their investment performance before and after registration remains similar, with investment amounts concentrated between 50 million and 100 million won. Their investment portfolios focus on ICT services, bio/medical, and distribution/service sectors. Based on these findings, policy and institutional support measures are required to revitalize angel investment, including easing registration requirements for professional angel investors, expanding tax benefits related to angel investment, strengthening the provision of information and education related to angel investment, and enhancing angel investment networking. This study is expected to contribute to the revitalization of the venture startup ecosystem and economic growth through the revitalization of angel investment.

Predicting Initial Construction Costs of Electrolysis Hydrogen Production Plants for Building Sustainable Energy Systems (지속 가능한 에너지 시스템 구축을 위한 전기분해 수소 생산 플랜트 초기 건설비용 예측)

  • SUNGWOOK KANG;JOONHEON KIM;JONGHWA PARK;DAEMYEONG CHO
    • Transactions of the Korean hydrogen and new energy society
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    • v.35 no.3
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    • pp.257-268
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    • 2024
  • Hydrogen serves as a clean energy source with potential applications across various sectors including electricity, transportation, and industry. In terms of policy and economic support, governmental policy backing and economic incentives are poised to accelerate the commercialization and expansion of hydrogen energy technologies. Hydrogen energy is set to become a cornerstone for a sustainable future energy system. Additionally, when constructing hydrogen production plants, economic aspects must be considered. The essence of hydrogen production plants lies in the electrolysis of water, a process that separates water into hydrogen and oxygen using electrical energy. The initial capital expenditure (CAPEX) for hydrogen production plants can vary depending on the electrolysis technology employed. This study aims to provide a comprehensive understanding of hydrogen production technologies as well as to propose a method for predicting the CAPEX of hydrogen production plants.

Study on Daeryuk Baekje: Focusing on Literature Research

  • Panjin KIM;Myoung-Kil YOUN
    • Journal of Koreanology Reviews
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    • v.2 no.2
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    • pp.27-34
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    • 2023
  • Purpose: The purpose of this study is to discuss on Daeryuk Baekje (the Continental Baekje), as new researches are beginning to emerge on the existing theory that Baekje exits only in the Korean Peninsula. Research design, data and methodology: We intend to systematically reveal this new theory by carefully examining the early founding process of Baekje, the process of determining its capital city and the ancient documents related to it. Objective analysis and research were conducted through literature research including not only domestic research data but, also research data from overseas. Results: Baekje existed on the Continent and on the Peninsula in the early days of Baekje establishment, before the Kingdom was established, so-called Hanseong Baekje. Conclusion: Biryu and Onjo settled down near Yoseo and Jinpyeong when they first moved to the south from Goguryeo. Biryu led hundred families to Michuhol and established Baekje. Onjo established Sipje at the Wirye Castle with ten of his servants. After Biryu's death the people of Baekje pledge allegiance to Onjo. The Sipje changed its country's name to Baekje. This illustrates that the country was operated with a capital in two regions, in the Continent and the Korean Peninsula. The country was ruled under two royal castles with 22 provincial governments (Dam-ro). Each area was ruled by the royal families and the competent prince among them succeeded to the next throne. It is a unique governing system and illustrates that Baekje existed in the Continent.

A Study on the Difficult Factor of New Technology Development from a Construction Engineering Firm Perspective (건설엔지니어링 기업 측면에서의 신기술 개발의 애로요인 분석에 관한 연구)

  • Yang, Jin-Kook;Hong, Seong-Wook;Lee, Min-Hyeon;Kang, Mi-Suk;Lee, Sang-Beom
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2017.05a
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    • pp.189-190
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    • 2017
  • The development and utilization performance of the construction new technology was introduced in 2014 according to the detailed evaluation criteria of the construction project of Ministry of Land, Infrastructure and Transport. In the case of the construction new technology, the current standard is give 3 points in the "technology development and investment performance" evaluation item. However, construction engineering companies is difficult for to invest the capital required for new technology development. Therefore, in this study, we try to extract the difficult factor that occur in the process of construction new technology development in terms of construction engineering companies. The research results are expected to provide with the support policy guideline for new technology development costs to policy makers.

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Study on New conceptional transportation system for a Big city (수도권 광역화에 따른 새로운 개념의 교통수단에 관한 연구)

  • Rha, Sang-Ju;Kim, Sung-In;Han, Myeong-Sik;Kim, Sun-Kon
    • Proceedings of the KSR Conference
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    • 2008.06a
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    • pp.1-9
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    • 2008
  • A few of new and large cities have been developed and developing at some areas surrounding Seoul, a capital city of Korea. Thus, commuters from new city to downtown are considerably increasing and the present network of road and railway will be short of transportation capacities. A special problem is that new cities are far from downtown than pre-existing new cities and the entering to downtown is required to a considerable time and cost. Therefore, a new conceptional transportation system has to be substitute with old-fashioned road and railway. This paper presents the feasibility of the deep & high-speed nonstop railway which is able to access to the downtown with ease and fast from new city. If the railway is located under deep position, indemnity cost of land will be notably down. If the railway runs with high speed and has a nonstop concept, the access time to downtown will be remarkably short.

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