• Title/Summary/Keyword: Production Investment

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A study on Strategic Planning of Marine Biotechnology for Next Generation (차세대 해양생명공학사업 추진 전략수립 연구)

  • Kang, Gil-Mo;Jang, Duckhee;Choi, Yong-Jin
    • Journal of Marine Bioscience and Biotechnology
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    • v.6 no.2
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    • pp.84-101
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    • 2014
  • The aim of this project is to develop an adaptive and collective National Marine Biotechnology Plan for the next decade(2014~2023) which is able to reflect current and future changing environment. This effective strategy targets to foster marine-derived active bio-materials, marine bioenergy production technology and many promising technologies in order to promote marine biotechnology industry as a next-generation growth engine. Marine biotechnology industry based on R&D activities since 1980 has been growing as an emerging industry. This new field enables to secure exclusive patent rights and to find new potential bio-active materials from the ocean that requires long-term aggressive R&D investments. The current policy direction is to raise appropriate level of R&D investment because the current Korea's national marine biotechnology R&D fund ratio is less than 2% of the total national biotechnology R&D budget. The result shows three major strategies. First, it recommended a research implementation system and supporting policy that includes establishment of open innovation framework for the 'Industry-Academia-Research Institute Collaborations', strategic research planning and enhanced policy making process. Second, it derived state-of-the-art or new technology in many areas. Third, it formulated more detailed execution plans for successful R&D support and set up performance indicator system in related R&D program.

A Study on Economic Assessment of Image Processing Technologies for Meteorological Satellites (기상위성 영상처리 기술의 경제성 분석에 관한 연구)

  • Cho, Nam-Wook;Ahn, Jae-Kyoung;Sohn, Seung-Hee;Lee, Bong-Ju;Song, Jun-Woo
    • Journal of Satellite, Information and Communications
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    • v.7 no.1
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    • pp.13-20
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    • 2012
  • Despite of growing concern for developing meteorological satellites, poor investment has been realized to acquire effective and efficient satellite image processing technologies. In this study, not only qualitative exploration on mapping each elementary technology into related industries but quantitative inter-industry analysis induced from Total Cost of Ownership (TCO) of the Korean satellite image processing system were performed. Furthermore, economic assessment has been made by estimating internal rate of return(IRR) for the benefits returned versus TCO of the system. The results showed that agriculture and fisheries industry, tourist and leisure industry, and transportation industry were highly related with the acquisition of the system, and that 9.1 billion won of production-induced effects, 3.3 billion won of value-added-induced effects, and 54 individuals of employment-induced effects were anticipated except for those of directly relevant industries. Even in the pessimistic scenario, 7% of IRR exceeding 5.5% assumed as current public rate was postulated, consequently, the investment was fairly justified.

A Study for Adopting the Temperature Control Unit on Memory Device Tester Based on Principle of Thermoelectric Semiconductor (열전소자 원리를 이용한 부품 Tester용 온도공급 장치 연구 (메모리 Device Tester용 온도제어장치 도입을 위한 연구))

  • Kim, Sun-Ju;Hong, Chul-Ho;Shin, Dong-Uk;Seo, Seong-Bum;Lee, Moo-Jea
    • Proceedings of the KIEE Conference
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    • 2003.11c
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    • pp.414-416
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    • 2003
  • As environmental conditions for memory products are increasingly high speed/high density, adopting diverse system configuration, it's more and more difficult for current component tester to adopt the actual condition of field application. If system test screening is realized in component level, test coverage failure can be made more secured in the initial stage, evaluation cost can be reduced and the effectiveness of investment for the facility can be maximized. Based on the above background, component automatic system tester was developed and showed off satisfactory results per each memory device family. In this paper, component quality stabilization strategy and cost saving for tester investment through future Quality monitoring and application to mass production will be presented.

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The Policy Proposal for Selecting Facility-stems of Rural Living Environment Renewal Program (농촌생활환경정비 대상 시설항목의 선정: 정책적 제안)

  • 윤원근;이상문
    • Journal of Korean Society of Rural Planning
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    • v.4 no.2
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    • pp.8-19
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    • 1998
  • The problem of outdated and surplus facility-items in existing Rural Living Environment Renewal Program(RLERP) makes this study focus on restricting the range of facility sorts for the purpose of coㅁins with the changing rural living environment. In the four aspects of plan establishment, project implementation, comprehensiveness and linkage between programs, this study made an analysis of the existing RLERP that has 4-stage hierarchy, namely, Gun(county), Myun(primary administrative district), village and project site level Firstly, Myun and upper level policy programs fulfill the comprehensiveness and planning aspects, but have defects in the implementation and linkage aspects. Secondly, the village level programs satisfies more or less the four condition, but give rise to the problems of equity between the project target village and the non-target, and of generalization of the planning method applying to a specific village. At last, project level programs, controlled by several ministries, have defects in comprehensiveness and linkage aspects, exposing the sectoralism of central government. Above all, the existing RLERP has so many facility items, which have led to inefficient investment till now. Therefore, it's necessary that the environmental facilities should be selected(simultaneously reduced ), referring to following 5 criteria. (1) Exception of facilities relating to agricultural production. (2) Confined to public facilities to be constructed by government support. (3) Common-use facilities located in small town and below level area. (4) Consideration of not only the present need but also the future need of rural residents. (5) Reflection of a regional difference of mountain, plane and suburban area. Just 13 kinds of living environmental facilities are finally selected as the result of the selecting work, which can be an new alternative for RLERP. Concludingly, the selected facility items should be integrated into a designated project site by the prepared plan in order to enhance the efficiency of RLERP, investment and also to satisfy the four analytic aspects mentioned above.

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The Analysis on the Value of Yongsan National Park and its Economic Effect

  • Chang, In-Seok;Cho, Young-Tae;Lee, Mi-Hong;Park, Shin-Won
    • Land and Housing Review
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    • v.2 no.4
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    • pp.491-501
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    • 2011
  • This study estimated economic value and benefits of Yongsan National Park, which will be constructed by financial investment of the government and objectively estimated the real value of it by understanding the value of the park from a user's view of the park. For this, the value of Yongsan National Park is divided into using value such as carbon reduction and the function of relieving urban heat island as an environmental material and non-using value based on willingness to pay of the public according to the construction of the park. As a result of the analysis, it was found out that the using value of Yongsan National Park would reach 130 million won up to maximum level of 450 million won per year, and the non-using value was analyzed to be worthy of 2,344 won per capita every month. Besides, economic ripple effect that can be expected in the process of the park construction project was analyzed to be a national policy that creates effect on production inducement of 2.6 trillion won and value added of 809.6 billion won and new jobs for 25,620 persons. Considering the value of Yongsan National Park and the effect of the project based on the result of this study, it was found that it could sufficiently secure the validity of implementing the project compared to the financial investment by the government. Therefore, it must be emphasized that diffusion strategy is necessary for national understanding and for a nation to make it understood its appropriateness widely in respect to the construction of Yongsan National Park for the successful construction of Yongsan National Park and to raise its using value in the future.

Funded-Pension System: a Critique in the Light of the Capital Controversies (적립식 연금제도: 자본논쟁에 비춘 비판)

  • Park, Man-Seop;Yeon, Je-Ho
    • 사회경제평론
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    • v.29 no.1
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    • pp.1-29
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    • 2016
  • This paper looks critically, in the light of the Capital Controversies of the 1950s and the 1960s, at the Neoclassical claim that the Funded-Pension system is economically superior to the Pay-As-You-Go (PAYG) pension system. This claim rests crucially upon the inverse relation between the rate of interest and the volume of investment (the investment demand function) and the positive relation between the capital intensity and labour productivity (the 'intensive- form' production function), The Capital Controversies proved that the two relations do not always hold; then, the claim in question loses much of its ground. Further, the absensce of the relations makes plenty room for effective demand in determining the level of income and the volome of employment even in the long period. This positive role of effective demand in the long period highlights the problems of the Funded-Pension system and, at the same time, supports the competitiveness of the PAYG pension system.

The Effects and Implications of Africa ODA Projects on Agricultural Outputs: Application of KOPIA Practices (아프리카 농업분야 ODA 사업 성과분석 및 시사점: KOPIA 사례를 중심으로)

  • Cho, Dongin;Park, Jonghoon;Lee, Seongwoo;Park, Jiyoung
    • Journal of the Korean Regional Science Association
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    • v.37 no.4
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    • pp.21-32
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    • 2021
  • This study analyzed investment effects for Practical Field Studies conducted by the KOPIA (Korea Program on International Agriculture) centers, which are part of the ODA project operated by the Rural Development Administration. Focusing on the productivity and effectiveness factors of each project, a questionnaire survey was sent to each KOPIA center associated with each project. The results demonstrated the production and profitability of farms participating in the pilot project were significantly improved compared to those of farms that did not participate in the project. Also, in the satisfaction results of taste, nutrition, and freshness, the participating firms could significantly improve them when being compared to those of non-participating farms. It is highly expected to contribute to improving the operational effectiveness of Practical Field Projects conducted in Africa based on the results of each project's performance and economic feasibility. This study also can lead to a change in the social perception of ODA projects by raising people's awareness of ODA projects.

An Empirical Study on the Determinants of Economic Growth and Contribution in China (중국경제의 성장요인과 성장요인별 기여도에 관한 실증연구)

  • Kim, Jong-Sup
    • International Area Studies Review
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    • v.15 no.2
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    • pp.151-173
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    • 2011
  • The purpose of this paper is to examine the impact of production factors on economic growth in China during 1979~2008. In order to grasp the determinant and contribution analysis, we take fixed effect model and random effect model and Hausman test to choice model. The results show that the finance variable (rsav) and SOC variable (rsoc) have negative effects on the economic growth in the long run except some models. But unimproved raw labor variable (rlab), physical capital variable (rcap) and education variable (redu) shows strongly positive effect for the same time. We found the meaning of coefficients of growth factors. relative contribution of each input to per-capita growth in China. The direct elative contribution of physical investment to per-capita growth gives 35.9 percent in total model (TMO) and unimproved raw labor contributes only 4.7 percent. In all modes, physical investment (rcap) was the most important contributor of predicted growth in China economy.

A Study on Economic Evaluation of Small KSO Field in Indonesia (인도네시아 소규모 KSO 광구의 경제성 평가 연구)

  • Moon, Seo-Yoon;Choi, Youngil;Lim, Jong-Se;Huh, Seung-Kyun;Jeong, Kwang-Seok
    • Journal of the Korean Society of Mineral and Energy Resources Engineers
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    • v.55 no.6
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    • pp.624-634
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    • 2018
  • Indonesia has become a net crude oil importer because of the reduction of a new oil field discovery, and Indonesia is attempting to raise investment funds through the Kerja Sama Operasi (KSO) contract to develop a small-scale field. However, the KSO has a high-risk and low-return contract system for investors, necessitating an economic evaluation to examine the feasibility of the project. This study performed economic evaluation on the development of an Indonesian small-scale field by applying the KSO contract conditions, and identified the major economic parameters through a sensitivity analysis. As a result, the oil price, CAPEX and OPEX were identified as influential factors for economic evaluation. The results also indicate that commercial production in small-scale fields is difficult. In the future, this study can be used as a reference resource for investment in oil and gas development projects in Indonesia.

Formation of a Competitive Paradigm of Ensuring Economic Security of Industrial Enterprises in the Conditions of Formation of Circular Economy

  • Pohrebniak, Anna;Tkachenko, Tetiana;Arefieva, Olena;Oksana, Karpenko;Chub, Anton
    • International Journal of Computer Science & Network Security
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    • v.21 no.9
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    • pp.118-124
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    • 2021
  • The article examines the formation of a competitive paradigm of economic security of industrial enterprises in the formation of a circular economy. The basic laws of industrial enterprises are formed, which determined the characteristics of competitive positions and threats. The basic competitive concepts and their application at maintenance of economic safety of the industrial enterprises in the conditions of formation of circular economy are described. Thus, the technological approach to the formation of a competitive paradigm is based on production technologies, opportunities for technological modernization and development of infrastructure and intellectual competencies. The institutional concept reveals the regulatory mechanisms for ensuring competitiveness through the protectionism of national industrial enterprises, standardization and regulation of market imbalances. The innovation-investment approach within the competitive paradigm is also manifested in the creation of competitive advantages due to the presence of active innovative developments and their commercialization, knowledge and competencies of staff, capitalization of intelligence and communications, constant updating of infrastructure and technologies. Collectively, innovation and investment effects on the level of economic security allow industrial enterprises to ensure resilience to increasing competition, the emergence of new market challenges in the formation of a circular economy. A strategic approach to the application of a competitive paradigm to ensure the economic security of industrial enterprises allows you to justify the prospects for development and design behavioral models to predict and assess potential threats. The concept of system management is based on the complexity of threat analysis, the integrity of the economic security system, system-forming functions and patterns of implementation of industrial development tasks in the formation of a circular economy. The application of the described concepts is formalized by the authors through the definition of the basic patterns, directions and characteristics of their impact on the elements of the security system of industrial enterprises in the formation of a circular economy.