• Title/Summary/Keyword: New Capital

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Inter-partner Fit Mechanisms for Sustainable Joint Ventures: Evidence from Japanese Firms in Korea

  • Kim, Jang-Hyun;Yoshimoto, Koji;Bae, Il-Hyun;Yoon, Ki-Chang
    • Journal of Korea Trade
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    • v.25 no.3
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    • pp.134-152
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    • 2021
  • Purpose - Our study aimed to examine the roles of conflict management in maintaining a sustainable good relationship between joint venture (JV) partners. Although the concepts of relational capital, mutual commitment, and cultural adaptation have been neglected in previous research on interorganizational relationships, we treated them as inter-partner fit mechanism capabilities of affecting the level of satisfaction in a relationship with a JV partner. Design/methodology - In order to test hypotheses, we sent a questionnaire to Japanese firms operating JVs in South Korea and asked whether their levels of satisfaction with their JV partners increase when conflict management techniques are used to reduce the conflicts that usually arise between partners. Findings - The results of our study suggested that it is important for firms participating in a JV to construct and reinforce an inter-partner fit mechanism that enables them to maintain a favorable partnership. In addition, we suggested that relational capital, cultural adaptation, and mutual commitment influence conflict reduction and the level of satisfaction experienced in JVs. Moreover, the results showed that conflict management has a significant effect on developing soild partnerships and performance in JV situations. Originality/value - We advanced a new paradigm about conflict management and suggested methods of research propositions that are well grounded in the latest findings in conflict management research pertaining to JVs.

An Empirical Analysis on Factor Productivity of Coastal Fishery (연안어업 요소생산성에 관한 실증연구)

  • Kim, Chang-Wan;Eh, Youn-Yang;Lee, Jin-Soo;Song, Dong-Hyo
    • The Journal of Fisheries Business Administration
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    • v.53 no.1
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    • pp.1-16
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    • 2022
  • This paper aims to propose a new systematic approach to analyze the factor productivity and to investigate those characteristics of factor productivity in operational and managerial perspectives. The Cobb-Douglas production function is adopted to estimate the labor and capital productivity. In estimating those productivities the data of The Research on the Actual Condition of Coastal Fisheries (RACF), especially those of Jeon-Nam Province are used. The statistical analysis of RACF data shows that the characteristics are a little bit different between labor and capital of the operational equipment in the coastal fisheries. The Cobb-Douglas type production function is useful in estimating the factor productivity, especially in case of 'coastal Stow-net fishery' even though the limited data is used. However, in case of 'trap fishery,' the Cobb-Douglas production function appears to have some limitations in estimation. This implies that estimating the factor productivities in fisheries employing broad perspectives and various methods are needed.

A Study on Fashion Startup Ecosystem Trends in Korea Using Big Data Analysis - Focusing on Newspaper Articles in 2012-2022 - (빅데이터 분석을 활용한 우리나라 패션 스타트업 생태계의 추세 연구 - 2012~2022년 신문기사를 중심으로 -)

  • Soojung Lim;Sunjin Hwang
    • Journal of Fashion Business
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    • v.27 no.1
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    • pp.1-15
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    • 2023
  • This study divided articles into two time periods, from 2012 to 2022, with the aim of using big data analysis to look at patterns in the ecosystem of fashion start-ups. The research method extracted top keywords based on TF(Term Frequency) and TF-IDF(Term Frequency-Inverse Document Frequency), analyzed the network, and derived centrality values. As a result of comparing the first and second fashion startup ecosystems, elements of policy, support, market, finance, and human capital were derived in the first period. In addition, in the second period, elements of policy, support, market, finance, and culture were derived. In the first period, the fashion startup ecosystem focused on fostering new designer startups by emphasizing support, finance, and human capital factors and focusing on policies. Meanwhile, in the second period, online-based fashion platform startups and fashion tech startups appeared with the support of digital transformation and fulfillment services triggered by COVID-19(Corona Virus Disease 19), private finances were emphasized, and cultural factors were derived along with success stories of fashion startups. This study is meaningful in that it helps in developing strategies for fashion startups to grow into sustainable companies.

Hexagonal Material Flow Pattern for Next Generation Semiconductor Fabrication (차세대 반도체 펩을 위한 육각형 물류 구조의 설계)

  • Chung, Jae-Woo;Suh, Jung-Dae
    • Journal of Korean Institute of Industrial Engineers
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    • v.36 no.1
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    • pp.42-51
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    • 2010
  • The semiconductor industry is highly capital and technology intensive. Technology advancement on circuit design and process improvement requires chip makers continuously to invest a new fabrication facility that costs more than 3 billion US dollars. Especially major semiconductor companies recently started to discuss 450mm fabrication substituting existing 300mm fabrication of which facilities were initiated to build in 1998. If the plan is consolidated, the yield of 450mm facility would be more than doubled compared to existing 300mm facility. In steps of this important investment, facility layout has been acknowledged as one of the most important factors to be competitive in the market. This research proposes a new concept of semiconductor facility layout using hexagonal floor plan and its compatible material flow pattern. The main objective of this proposal is to improve the productivity of the unified layout that has been popularly used to build existing facilities. In this research, practical characteristics of the semiconductor fabrication are taken into account to develop a new layout alternative based on the analysis of Chung and Tanchoco (2009). The performance of the proposed layout alternative is analyzed using computer simulation and the results show that the new layout alternative outperforms the existing layout alternative, unified layout. However, a few questions on space efficiency to the new alternative were raised in communication with industry practitioners. These questions are left for a future study.

A Study on the New Paradigm of Korea Labor Movement (한국 노동운동의 뉴 패러다임에 관한 연구)

  • Park, Min-Saeng;Byun, Sang-Woo
    • Management & Information Systems Review
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    • v.25
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    • pp.407-428
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    • 2008
  • The purpose of the study is to examine a new paradigm of Korea labor movement so that Korea labor union may adapt itself to change of labor environment and raise its organizing rate. Examining assignments to have to practice for a new paradigm of a labor union in the 21st century. First, common industrial relations should be constructed. To achieve it, it is necessary that labor and management have a strong partnership as a group sharing common destiny on the basis of mutual confidence. Second, unionism in the side of social reform should be settled down. Labor and capital should grope coexistence and co-prosperity through conversation and negotiation, escaping from opposition and fighting. Third, service function of a labor union should be strengthened. A labor union should offer service as pursuit of diversity, self-management and autonomy in work for laborers. Fourth, labor and management should try to stabilize industrial relations followed by industrial-level negotiations. Fifth, labor and management should try to develop human resources in cooperation between the two. Labor and management should participate in developing human resources on the basis of cooperation. If a labor union has a positive practice for a new paradigm of labor movement as above and recognition about a labor union is changed, industrial relations will realize more developmental relation.

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A Study on the Utilization of Substituted Agricultural Land in Small and Medium Sized Cities - Focused on the Dongtan new town in Hwa-seong city - (중소도시의 기존 대체농지 활용 방안에 관한 연구 - 화성동탄 신도시를 중심으로 -)

  • Kim, Yong-Soo
    • Journal of the Korean Institute of Rural Architecture
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    • v.14 no.2
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    • pp.51-58
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    • 2012
  • The purpose of this study was to set and analyze the utilization of the substituted agricultural land in the Dongtan new town in Hwa-seong city. The results of this study were as follows. In the respect of the land efficiency and utilization, the need of the agricultural land in the Dongtan has shrunk. Therefore, the land should be reconsidered and developed as other purposes. The land could be developed as the weekend farm for the city people. The weekend farm is currently gaining popularity because the citizens want to not only experience the nature but also get a healthy food. So, the land in the new town could provide them with a good place. And the Han-ok(Traditional Korean style housing) is recently in the limelight of many people because of its healthy function and the special aesthetic, so the agricultural land of Dongtan could be a great opportunity to develop the Han-ok village. Lastly, the logistics center for agricultural products could be proposed. Because the traffic condition of the new town is satisfactory, the land is idealistic as the logistics center which connect the capital with the local. These practical uses of agricultural land in the Dongtan new town will be able to provide opportunities to improve the quality of life in the area and develop the land more efficiently.

Influence of biodegradable polymer membrane on new bone formation and biodegradation of biphasic bone substitutes: an animal mandibular defect model study

  • Ku, Jeong-Kui;Kim, Young-Kyun;Yun, Pil-Young
    • Maxillofacial Plastic and Reconstructive Surgery
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    • v.42
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    • pp.34.1-34.7
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    • 2020
  • Purpose: The purpose of this study was to evaluate the influence of biodegradable polycaprolactone membrane on new bone formation and the biodegradation of biphasic alloplastic bone substitutes using animal models. Materials and methods: In this study, bony defect was formed at the canine mandible of 8 mm in diameter, and the defects were filled with Osteon II. The experimental groups were covered with Osteoguide as barrier membrane, and the control groups were closed without membrane coverage. The proportion of new bone and residual bone graft material was measured histologically and histomorphometrically at postoperative 4 and 8 weeks. Results: At 4 weeks, the new bone proportion was similar between the groups. The proportion of remaining graft volume was 27.58 ± 6.26 and 20.01 ± 4.68% on control and experimental groups, respectively (P < 0.05). There was no significant difference between the two groups in new bone formation and the amount of residual bone graft material at 8 weeks. Conclusion: The biopolymer membrane contributes to early biodegradation of biphasic bone substitutes in the jaw defect but it does not affect the bone formation capacity of the bone graft.

Economic Evaluation of Domestic Window Type Photoelectrochemical Hydrogen Production Utilizing Solar Cells (태양전지를 이용한 국내 Window Type 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.6
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    • pp.595-603
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    • 2010
  • This paper deals with an economic evaluation of domestic window type photoelectrochemical hydrogen production utilizing solar cells. We 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 window type photoelectrochemical system was estimated as 1,168,972 won/$kgH_2$. It is expected that hydrogen production cost can be reduced to 47,601 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 25% of the current level. We also evaluate the hydrogen production cost of the water electrolysis using the electricity produced by solar cells. The corresponding hydrogen production cost was estimated as 37,838 won/$kgH_2$. 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.

The Dependency of News Attributes on the Government Source: A Case of the New Administrative Capital (뉴스 속성의 정부소스 의존 정도: 행정수도 이전을 둘러싼 언론보도와 정부 제공 이슈속성의 관련성 중심)

  • Kim, Yung-Wook
    • Korean journal of communication and information
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    • v.32
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    • pp.75-111
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    • 2006
  • The purpose of this study is to investigate the dependency level of news attributes on the government source and to measure up the impact of news negativity, press ideology, and the conflict level on the forementioned relationship in the context of the prime definer role of the government. The prime definer means that the official source such as the government may dominate media access and create media dependency on the issue and issue attributes. To test the research questions, the content analyses of both the government briefing materials and newspapers were conducted. Textual arguments regarding the new administrative capital were chosen for the analysis. The results showed that the government source played a prime definer role in framing issue attributes of news reporting. This prime definer role was not diminished even among the negative coverage about the chosen topic. However, press ideology and the conflict level influenced the relationship between news attributes and the government-released information in some extent.

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An Evaluation for Regional Identity of Urban Parks and It's Utility -focused on the new towns in the Capital Region- (도시공원의 지역적 정체성 평가와 유용성 - 수도권 신도시를 중심으로 -)

  • 오정학;고동완;김유일
    • Journal of the Korean Institute of Landscape Architecture
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    • v.27 no.1
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    • pp.79-89
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    • 1999
  • Recent expansion of urban parks has been partly successful in terms of providing urban outdoor recreation space. Unfortunately we paid very little attention to the importance of providing regional identity to urban parks until recently. Thus one of the most important tasks of the contemporary landscape architects of Korea is to investigate ways to improve regional identity of urban parks. This study is aimed at evaluating how well the current urban parks have realized their own regional identity. To test the effectiveness of the concept of 'identity', the identity items were created, while a research model was developed by using such variables as in urban park identity, park satisfaction, belongingness to the region, and residential satisfaction. In order to test the model, the causations were analyzed. Meanwhile, the scales to evaluating identity were reviewed by means of the unstructures group interview, and were finally determined as 10 items; culture, uniqueness, symbolic, historic nature, homogeneity, harmony, difference, public benefit, nativeness and traditionality. Data from three new towns in the capital region-Bundang, Ilsan and Sanbon-were collected, and their central parks were referred to a questionnaire survey. The data were processed using descriptive statistics, correlation analysis, multiple regression analysis and path analysis. It was found through this survey that subjects 'sentiments regarding the sample towns' regional identity differed slightly. Residents of Bundang felt the strongest amount of regional identity, followed by those of Ilsan and Sanbon. In addition, the most important scale on regional identity is 'park satisfaction', followed by 'belongingness to the region' and 'residental satisfaction'. The path analysis was conducted to interpret the causations in a more detailed and comprehensive way than correlation analysis. As a result, it was proven that the regional identity affects 'belingingness to region' through the intermediated variable 'park satisfaction', while affecting ' residential satisfaction' through the intermediate variables 'park satisfaction' and 'beligningness to region'. In other words, although the regional identity of a park does not directly affect 'belongingness to region' or 'residental satisfaction', it has indirect effects on them through intermediate variables.

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