• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.19 no.4
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• pp.161-182
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• 2024

The study analyzed the rapidly growing food tech startup in South Korea, focusing on industry classification, core technological domains, investment stages, and growth trajectories. Utilizing the ERIS model, two innovative food tech startups, MyChef and CatchTable, were examined as case studies. Results revealed food tech startups are focusing on information technology and smart distribution technology-oriented solutions rather than traditional food production. This study also found that robotics and AI integration were key technology areas. Analyzing the emergence of food tech startups, investment stages, and cumulative investment amounts based on founding years revealed a trend of scaling operations through rounds of funding, especially after securing SERIES A and B funding. The period between 2014 and 2018 saw a dense concentration of food tech startup establishments, likely influenced by favorable conditions for technological innovation amid the Fourth Industrial Revolution. The high rate of strategic mergers and acquisitions and bankruptcy can be interpreted as the complexity inherent in the food tech industry. The case study of MyChef, which grew into HMR manufacturing, and Wad(CatchTable), which expanded into a restaurant reservation platform, derived the entrepreneurs, resources, industry, and strategic factors that served as success factors for food tech startups. This study has practical implications in that it provides entrepreneurs, investors, and policymakers in the food tech industry with insight and direction to develop strategies in line with market trends and technological changes and promote sustainable growth.

• Journal of Korean Society of Forest Science
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• v.102 no.4
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• pp.506-514
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• 2013

This study examined the feasibility on the construction of a wood industrialization service center for a wood industry cluster establishment in Jeollanam-do. Construction of the wood industrialization service center is based on a discount rate of 3.5%, an investment period of 4 years, a business operations period of 16 years and an investment cost of 24600 million won; the total amount of the net present value, the cost-benefit ratio and the internal rate of return were assumed to be 2.579 million won, 2.51%, and 10.1%, respectively. In addition, the production inducement coefficient, the induced production effect, the income-induced coefficient, the income inducement effect, the employment inducement coefficient, and the employment inducement effect were estimated 1.4345, 35287 million won, 0.1655, 4000.7 million won, and 0.4665, 1,145 people, in the effects of the wood related industries using the multi-regional input-output model, respectively. Financial independence of operating income to cover its own costs incurred in accordance with the operating project might be practicable.

• Journal of the Korean Society of Fisheries and Ocean Technology
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• v.54 no.2
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• pp.107-115
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• 2018

In this study, we tested Japanese trolling lines in the Jeju fishery. This fishery simulates the natural marine environment with many seabed rocks, and has been redesigned and manufactured it to be suitable for the Jeju fishery. In order to ensure that the trolling lines were deployed at the inhabitation depth of hairtails, the conditions required for the fishing gear to reach the target depth were determined for use during the experiment. The experimental test fishing was conducted at the depth of 120 m water in front of Jeju Seongsanpo and in the offshore area of Jeju Hanlim. The fishing gear used in the test fishing is currently used in a variety of field operations in Japan. However, several problems were identified, such as twisting of the line during its deployment and excessive sinking of the main line. The fishing gear was, therefore, redesigned and manufactured to be more suitable for the Jeju fishery environment. For the fishing gear to accurately reach the target depth, depth loggers were installed at the starting point of the main line and at the 250 m and 340 m points of the line. Depth and time were recorded every 10 seconds. According to the daytime positioning of hairtails in the lower water column, the target depth of the fishing gear was set at 100-110 m, which was 10-20 m above the sea floor. At a speed of 1.9 knots and with a 9 kg sinker attached, the main fishing line was deployed and catch yields at depths of 100 m, 150 m and 180 m were recorded and analyzed. When the 180 m main line was fully deployed, the time for the hairtail trolling lines to arrive at the appropriate configuration had to be 5 minutes. At this time, the depth of the fishing gear was 16-23 m above the sea floor, in accordance with the depths at which the hairtails were during the day. In addition, in order to accurately place the fishing gear at the inhabitation water depth of hairtails, the experimental test fishing utilized the results of the depth testing that identified the conditions required for the fishing gear to reach the target depth, and the result was a catch of up to 97 kg a day.

• Journal of Animal Environmental Science
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• v.12 no.1
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• pp.7-12
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• 2006

Ammonia emission from swine production process originates from three major sources: manure storage facility, swine housing, and land application of manure. Most of the ammonia gas that are emitted from swine production operations is the by-product of aerobic or anaerobic decomposition of swine waste by microorganism. Knowing the ammonia emission rate is necessary to understand how management practices or alternative manure handling process could reduce impacts of this emission on the environment and neighbors. Ammonia gas emission from pig slurry is very difficult to predict because it is affected by many factors including wind speed of slurry surface, temperature or pH of the swine slurry, sort breed differences and classes, and diets. This study was carried out to effects of pH and temperature on ammonia gas emission from growing-finishing pig slurry. Treated far slurry in this study were pH and temperature. Results showed that pH of slurry variable changes 5, 6, 7, 8 upon an addition of NaOH and $HNO_3$, respectively. The temperature of the slurry which was contained in a water bath maintained at increasing levels ranging from 10 to $35^{\circ}C$. Ammonia emission rate of influenced pH and temperature such that the increase in pH or temperature resulted to an increase in ammonia emission. The ammonia gas was not detected at pH 5 and 6. Moreover, at a slurry of pH 8, the ammonia ranged from 28 to 60ppm and 8-29 ppm at slurry pH of 7 while temperature was 13 to $33^{\circ}C$. When slurry pH was>6, the ammonia emission was significantly increased according to rise in temperature in contrast to acid treatment of the pH. There was also a significantly increase in ammonia emission relative to slurry pH of 7 to 8. The above findings showed that to effectively reduce ammonia emission from slurry of growing-finishing pigs, the pH and temperature should be maintained a low levels.

• Asian-Australasian Journal of Animal Sciences
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• v.14 no.12
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• pp.1705-1711
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• 2001

Silage corn (Zea mays L) is grown extensively in livestock operations, and many managements focus on forage yield. This experiment was conducted at Seoul National University (SNU) Experimental Livestock Farm, Suwon in 1998. We determined the effect of planting date and harvest stage on forage yield and quality responses of corn hybrids (five relative maturity groups). The five maturity groups (100 d, 106 d, 111 d, 119 d and 125 d) were planted on 15 April and 15 May, and harvested at maturity stages (1/3, 1/2 and 2/3 kernel milkline). Whole plant dry matter (DM) and ear percentages had significant differences among corn hybrids. Ear percentages of early maturing corns (100 d and 106 d) were higher than for other hybrids. Ear percentage at the early planting date was higher than that at the late planting date for all corn hybrids. The DM and total digestible nutrients (TDN) yields of the 106 d and 111 d corn hybrids were higher than other hybrids, and the DM and TDN yields at the early planting date were higher than that at the late planting date. The acid detergent fiber (ADF) and neutral detergent fiber (NDF) percentages were greater for the late maturity corn hybrids. For plants of the early planting date, the ADF and NDF percentages were lower than for those of late planting date for hybrids. From the comparison among harvest stages, ADF and NDF percentages were decreased as harvest stage progressed. The TDN, net energy for lactation (NEL), and cellulase digestible organic matter of dry matter (CDOMD) were decreased as maturity of corn hybrid delayed. The TDN, NEL, and CDOMD values at the early planting date were higher than those at the late planting date among for corn hybrids. From the comparison among harvest dates, TDN, NEL, and CDOMD values were increased as harvest stage progressed. The correlation coefficient for DM percentage of grain at harvest with DM and TDN yields were 0.68*** and 0.76***, respectively. And the correlation coefficient for ear percentage with ADF, NDF, and CDOMD were -0.81***, -0.82*** and 0.73***, respectively. Our study showed differences of silage corn in forage production and quality resulting from hybrid maturity, planting date, and harvest stage. We believe that for the best silage corn, selection of the hybrid and best management practices are very important.

• Journal of Global Scholars of Marketing Science
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• v.20 no.3
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• pp.239-248
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• 2010

This paper describes a collaborative project between academia and industry which focused on improving the marketing and product development strategies for two private label apparel brands of a large regional department store chain in the southeastern United States. The goal of the project was to revitalize product lines of the two brands by incorporating student ideas for new solutions, thereby giving the students practical experience with a real-life industry situation. There were a number of key players involved in the project. A privately-owned department store chain based in the southeastern United States which was seeking an academic partner had recognized a need to update two existing private label brands. They targeted middle-aged consumers looking for casual, moderately priced merchandise. The company was seeking to change direction with both packaging and presentation, and possibly product design. The branding and product development divisions of the company contacted professors in an academic department of a large southeastern state university. Two of the professors agreed that the task would be a good fit for their classes - one was a junior-level Intermediate Brand Management class; the other was a senior-level Fashion Product Development class. The professors felt that by working collaboratively on the project, students would be exposed to a real world scenario, within the security of an academic learning environment. Collaboration within an interdisciplinary team has the advantage of providing experiences and resources beyond the capabilities of a single student and adds "brainpower" to problem-solving processes (Lowman 2000). This goal of improving the capabilities of students directed the instructors in each class to form interdisciplinary teams between the Branding and Product Development classes. In addition, many universities are employing industry partnerships in research and teaching, where collaboration within temporal (semester) and physical (classroom/lab) constraints help to increase students' knowledge and experience of a real-world situation. At the University of Tennessee, the Center of Industrial Services and UT-Knoxville's College of Engineering worked with a company to develop design improvements in its U.S. operations. In this study, Because should be lower case b with a private label retail brand, Wickett, Gaskill and Damhorst's (1999) revised Retail Apparel Product Development Model was used by the product development and brand management teams. This framework was chosen because it addresses apparel product development from the concept to the retail stage. Two classes were involved in this project: a junior level Brand Management class and a senior level Fashion Product Development class. Seven teams were formed which included four students from Brand Management and two students from Product Development. The classes were taught the same semester, but not at the same time. At the beginning of the semester, each class was introduced to the industry partner and given the problem. Half the teams were assigned to the men's brand and half to the women's brand. The teams were responsible for devising approaches to the problem, formulating a timeline for their work, staying in touch with industry representatives and making sure that each member of the team contributed in a positive way. The objective for the teams was to plan, develop, and present a product line using merchandising processes (following the Wickett, Gaskill and Damhorst model) and develop new branding strategies for the proposed lines. The teams performed trend, color, fabrication and target market research; developed sketches for a line; edited the sketches and presented their line plans; wrote specifications; fitted prototypes on fit models, and developed final production samples for presentation to industry. The branding students developed a SWOT analysis, a Brand Measurement report, a mind-map for the brands and a fully integrated Marketing Report which was presented alongside the ideas for the new lines. In future if the opportunity arises to work in this collaborative way with an existing company who wishes to look both at branding and product development strategies, classes will be scheduled at the same time so that students have more time to meet and discuss timelines and assigned tasks. As it was, student groups had to meet outside of each class time and this proved to be a challenging though not uncommon part of teamwork (Pfaff and Huddleston, 2003). Although the logistics of this exercise were time-consuming to set up and administer, professors felt that the benefits to students were multiple. The most important benefit, according to student feedback from both classes, was the opportunity to work with industry professionals, follow their process, and see the results of their work evaluated by the people who made the decisions at the company level. Faculty members were grateful to have a "real-world" case to work with in the classroom to provide focus. Creative ideas and strategies were traded as plans were made, extending and strengthening the departmental links be tween the branding and product development areas. By working not only with students coming from a different knowledge base, but also having to keep in contact with the industry partner and follow the framework and timeline of industry practice, student teams were challenged to produce excellent and innovative work under new circumstances. Working on the product development and branding for "real-life" brands that are struggling gave students an opportunity to see how closely their coursework ties in with the real-world and how creativity, collaboration and flexibility are necessary components of both the design and business aspects of company operations. Industry personnel were impressed by (a) the level and depth of knowledge and execution in the student projects, and (b) the creativity of new ideas for the brands.

• Korean journal of communication and information
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• v.78
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• pp.35-78
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• 2016

This study pays attention to the assumption that the governance including the appointment of CEO is a key factor in the internal colonialism of local broadcasting. To evaluate the tendencies, it collects and analyzes the profile of CEOs, directors, and shareholders of the 17 regional affiliates of MBC and 9 local commercial broadcasting companies between the early and mid-1990s and 2015. It also discusses the local broadcasting personnel and its operations. By doing so, the study attempts to reveal how the internal colonialism of local broadcasting works. It finds out that the governance of regional broadcasters of MBC is controlled by the head office located in Seoul. At the same time, the governance of local commercial broadcasters is encroached by the tyrannical practices of major shareholders caused by the non-separation of ownership and management. These kinds of abnormal management of governance tend to constrain the investment on personnel and production. Finally, this study suggests some desirable directions of governance focusing on the appointment of CEO in terms of both legislative system and self-regulation. They include establishing a new proviso for programming protocols in local broadcasting, introducing a CEO & non-executive director nomination committee, and so forth.

• Journal of Distribution Science
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• v.13 no.11
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• pp.123-130
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• 2015

Purpose - Due to highly elevated levels of competition, many companies today have to face the problem of decreasing profits even when their actual sales volume is increasing. This is a common phenomenon that is seen occurring among companies that focus heavily on quantitative growth rather than qualitative growth. These two aspects of growth should be well balanced for a company to create a sustainable business model. For supply chain management (SCM) planners, the optimized, quantified flow of resources used to be of major interest for decades. However, this trend is rapidly changing so that managers can put the appropriate balance between sales volume and sales quality, which can be evaluated from the profit margin. Profit optimization is a methodology for companies to use to achieve solutions focused more on profitability than sales volume. In this study, we attempt to provide executional insight for companies considering implementation of the profit optimization system to enhance their business profitability. Research design, data, and methodology - In this study, we present a comprehensive explanation of the subject of profit optimization, including the fundamental concepts, the most common profit optimization logic algorithm -linear programming -the business functional scope of the profit optimization system, major key success factors for implementing the profit optimization system at a business organization, and weekly level detailed business processes to actively manage effective system performance in achieving the goals of the system. Additionally, for the purpose of providing more realistic and practical information, we carefully investigate a profit optimization system implementation case study project fulfilled for company S. The project duration was about eight months, with four full-time system development consultants deployed for the period. To guarantee the project's success, the organization adopted a proven system implementation methodology, supply chain management (SCM) six-sigma. SCM six-sigma was originally developed by a group of talented consultants within Samsung SDS through focused efforts and investment in synthesizing SCM and six-sigma to improve and innovate their SCM operations across the entire Samsung Organization. Results - Profit optimization can enable a company to create sales and production plans focused on more profitable products and customers, resulting in sustainable growth. In this study, we explain the concept of profit optimization and prerequisites for successful implementation of the system. Furthermore, the efficient way of system security administration, one of the hottest topics today, is also addressed. Conclusion - This case study can benefit numerous companies that are eagerly searching for ways to break-through current profitability levels. We cannot guarantee that the decision to deploy the profit optimization system will bring success, but we can guarantee that with the help of our study, companies trying to implement profit optimization systems can minimize various possible risks across various system implementation phases. The actual system implementation case of the profit optimization project at company S introduced here can provide valuable lessons for both business organizations and research communities.

• Information Systems Review
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• v.4 no.2
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• pp.191-208
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• 2002

In the area of new millennium of twenty first century, one of the urgent and critical research issues in commerce area is the regenerating of new business opportunities from the high value added perspectives. With this motivation, in this paper, we create new on-line e-businesses with the speed of lightning their affiliated supply, finance and business communities - which are involved in more and more tightly connected, open trading - we find that we need to deal with hundreds of business collaborative partners, millions of buyers and sellers while we have to face incompatible IT systems. Challenges of new business opportunities linking multi-enterprise data and processes cost effectively, reliably and securely in real time remains an open area in e-business. This challenge we shall describe as the problem of synchronization of multiple enterprise collaborative e-business opportunities (production related), value (finance related), business (operations related) in new business opportunity and infrastructure integrated all together over the off-line and online basis. It brings a new e-commerce opportunities infrastructure into this profitable challenge: by extracting and tracking new business information, new trends in the events of e-business processes. The transformation of the traditional commerce into this type of electronic based commerce can be interpreted as new Cultural Revolution. The revolution will be a new paradigm crossing over the geographical, and organizational zone, restructuring enterprise business process infrastructure.

• Journal of Digital Convergence
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• v.18 no.4
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• pp.9-21
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• 2020

The Gross Merchandise Volume for the China's Singles day event in 2019 is about $38.4 billion. More than 500 million customers placed about 1.3 billion orders a day, and the related delivery volume is 2.8 billion. The main technologies associated with the 4^th Industrial Revolution are bringing about a big change in the logistics industry. The purpose of this study is to present implications by reviewing the main technologies which are applied to China's Singles day event, the introduction of smart logistics in China, and analyzing the progress of Singles day, smart system of Alibaba, its significance. China still has poor infrastructure in non-capital areas. And many Chinese companies are actively introducing and developing smart logistics to cover the vast continental area of China. Singles Day is a representative case in point where the smart logistics and main technologies related to 4^th Industrial Revolution are applied. The data obtained through smart logistics would be reused for inventory management, production planning, and order processing, contributing to the optimization of the company's operations. In the era of the 4^th Industrial Revolution, domestic companies and governments need to make efforts to expand the introduction of smart logistics to secure competitiveness with global advanced companies.