• Title/Summary/Keyword: SD(System Dynamics)

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A Dynamic Behavior of Korean Internet Venture Business using SD approach -Focused on CSF of internet venture business-

  • Lee, Myoung-Ho;Hoon Huh
    • Korean System Dynamics Review
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    • v.2 no.2
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    • pp.119-134
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    • 2001
  • Since 1998, government-led Korean venture business boom now proceeds into the stage of market-oriented venture business growth. At such a moment, this research is to clarify the relations between the success factors of Korean venture businesses, based on domestic and foreign documentary surveys and inquiry surveys over domestic venture businesses. This research starts from the necessity to overcome the limits of the existing researches by uni-dimensional probing research into success factors of Korean venture businesses and to manifest the multi-dimensional relations between the success factors from the various viewpoints. And this research adopts System-Dynamics methodology to manifest and utilize relations among those factors, avoiding the existing metrical approaches. This research can be called a new approach to the current ecosystems of Korean venture in which whether venture businesses success in Korea is considered to depend on the list on the stock market. For this, this research implemented verification analysis through the simulations of each factor at various levels to build causality map which clarifies the causality of success factors of venture businesses through the System-Dynamics methodology and to utilize it as a way of supporting tool for decision-making of venture businesses. This research will be able to suggest the reactions depending on various internal and external situations. This research tried to manifest the causality map of each factor on the basis of inquiry surveys and documentary surveys to verify feedback among each factor by the SD methodology. This research will be a basis bolster up the still fragile substructure of venture businesses through an efficient analysis framework using the verification of SD methodology and resulting outcomes from this research.

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A Dynamic Behavior of Korean Internet Venture Business using SD approach -Focused on CSF of internet venture business

  • Lee, Myoung-Ho;Hoon Huh
    • Proceedings of the Korean System Dynamics Society
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    • 2001.10a
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    • pp.3-14
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    • 2001
  • Since 1998, government-led Korean venture business boom now proceeds into the stage of market-oriented venture business growth. At such a moment, this research is to clarify the relations between the success factors of Korean venture businesses, based on domestic and foreign documentary surveys and inquiry surveys over domestic venture businesses. This research starts from the necessity to overcome the limits of the existing researches by uni-dimensional probing research into success factors of Korean venture businesses and to manifest the multi-dimensional relations between the success factors from the various viewpoints. And this research adopts System-Dynamics methodology to manifest and utilize relations among those factors, avoiding the existing metrical approaches. This research can be called a new approach to the current ecosystems of Korean venture in which whether venture businesses success in Korea is considered to depend on the list on the stock market. For this, this research implemented verification analysis through the simulations of each factor at various levels to build causality map which clarifies the causality of success factors of venture businesses through the System-Dynamics methodology and to utilize it as a way of supporting tool for decision-making of venture businesses. This research will be able to suggest the reactions depending on various internal and external situations. This research tried to manifest the causality map of each factor on the basis of inquiry surveys and documentary surveys to verify feedback among each factor by the SD methodology. This research will be a basis bolster up the still fragile substructure of venture businesses through an efficient analysis framework using the verification of SD methodology and resulting outcomes from this research.

A New Environmental Technology Certification System(NETCS) System Dynamics Modeling for the Operational Improvement of Companies Possessing New Environmental Technology (환경신기술 보유 기업의 운영개선을 위한 환경신기술 인증제도 시스템다이내믹스 모델링)

  • Kim, Tae Young;Park, Su Wan
    • Proceedings of the Korea Water Resources Association Conference
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    • 2020.06a
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    • pp.399-399
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    • 2020
  • 본 연구에서는 시스템다이내믹스(System Dynamics, SD) 방법론에 입각하여 국내의 신기술인증제도(New Technology Certification System, NTCS)의 운영에 내재된 요소들 간의 상호관계를 신기술 개발투자, 신기술의 사업화 및 신기술에 의한 매출과 연관하여 피드백루프 메카니즘을 내포하고 있는 인과지도로 규명하였다. 이렇게 개념화된 인과지도는 국내의 여러 신기술인증제도 중 환경부에서 운영중인 '환경신기술인증 및 기술검증제도(New Excellent Technology and Environmental Technology Verification, NET & ETV)'에 적용되었으며 NET & ETV의 운영 성과를 신기술에 의한 매출액(수주금액)의 관점에서 분석 및 예측할 수 있는 SD 컴퓨터 시뮬레이션 모델이 개발되었다. 개발된 SD 모형은 NET & ETV 운영의 주요 지표에 관한 기존 통계자료를 적절히 모사하였으며 모형의 검증과정에서 시행착오를 통하여 산정된 값들은 NET & ETV의 일반적인 과거 상태를 합리적인 범위 내에서 적절하게 나타내고 있는 것으로 나타났다. 본 연구에서는 개발된 SD모형을 이용하여 기본시나리오에 대한 NET & ETV의 미래 운영 상태를 예측하였으며, 환경신기술의 적용 현장 당 수주금액에 대한 시간 추세선식의 민감도를 발견하였다.

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Development of a System Dynamics Model for the Efficient Operation and Maintenance of Sewerage Systems (하수도 시스템의 효율적인 운영 및 유지관리를 위한 시스템다이내믹스 모형의 개발)

  • Park, Su-Wan;Lee, Tae-Geun;Kim, Bong-Jae;Kim, Tae-Young
    • Journal of Korea Water Resources Association
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    • v.45 no.1
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    • pp.101-111
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    • 2012
  • In this paper, the feedback loop mechanisms among the operational indices and exogenous variables of a sewerage system that are inherent in the operation and maintenance of a sewerage system were identified using the System Dynamics (SD) modeling methodology. The identified feedback loops were used to develop a SD computer simulation model that can be used to predict future operational conditions of a sewerage system and identified the efficient ways of operation. The data of Busan metropolitan city sewerage system was applied to verify the developed SD model and predict future operational conditions of the system. As a result, it was predicted that sewage treatment efficiency, volume of sewage treatment and cost recovery rate will be gradually increased, whereas service rate which was already very close to the target will remain almost the same as the current value. Furthermore, sensitivity analysis concerning some operational indices was performed in order to discover the policy leverage. As a result, it was found that the exogenous variables related to the pipe maintenance had a great effect on facility using rate, volume of sewage treatment as well as sewage treatment efficiency.

System Dynamics Interpretation on Bus Scheduling Model (시스템 다이나믹스 관점에서의 버스 운영계획모형 해석)

  • Kim, Kyeong-Sik
    • The Journal of The Korea Institute of Intelligent Transport Systems
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    • v.8 no.1
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    • pp.1-8
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    • 2009
  • This paper aims mainly to reinterpretate Optimal Bus Scheduling Model by applying System Dynamics Perspective. Traditionally, the study regarding Optimal Bus Scheduling Model stems on the linear relationshp. However, this paper attempted to convert linear relationship based Optimal Bus Scheduling Model to causal loop perspective based Model. In result, the paper present Casual Loop Diagram for Optimal Bus Scheduling Model. Furthermore, the paper also ran a simulation based on Stock & Flow Diagram for Optimal Bus Scheduling Model. The outcome was not much different from the linear relationship based Model due to the similarity of the equation applied on two models.

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Climate change impact assessment of agricultural reservoir using system dynamics model: focus on Seongju reservoir

  • Choi, Eunhyuk
    • Korean Journal of Agricultural Science
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    • v.48 no.2
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    • pp.311-331
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    • 2021
  • Climate change with extreme hydrological events has become a significant concern for agricultural water systems. Climate change affects not only irrigation availability but also agricultural water requirement. In response, adaptation strategies with soft and hard options have been considered to mitigate the impacts from climate change. However, their implementation has become progressively challenging and complex due to the interconnected impacts of climate change with socio-economic change in agricultural circumstances, and this can generate more uncertainty and complexity in the adaptive management of the agricultural water systems. This study was carried out for the agricultural water supply system in Seongju dam watershed in Seonju-gun, Gyeongbuk in South Korea. The first step is to identify system disturbances. Climate variation and socio-economic components with historical and forecast data were investigated Then, as the second step, problematic trends of the critical performance were identified for the historical and future climate scenarios. As the third step, a system structure was built with a dynamic hypothesis (causal loop diagram) to understand Seongju water system features and interactions with multiple feedbacks across system components in water, agriculture, and socio-economic sectors related to the case study water system. Then, as the fourth step, a mathematical SD (system dynamics) model was developed based on the dynamic hypothesis, including sub-models related to dam reservoir, irrigation channel, irrigation demand, farming income, and labor force, and the fidelity of the SD model to the Seongju water system was checked.

A Study on Dynamic Models for Ports and Regional Economy (항만과 지역경제간의 동태적 모델에 관한 연구)

  • 오세용;여기태;이철영
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2000.11a
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    • pp.15-23
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    • 2000
  • If a system such as a port and regional economy has a large boundary and complexity, the system's substance is considered as a black box, forecast accuracy will be very low. Futhermore various components in a port and regional economy exert significant influence on each other. To copy with these problem the form of structure models were introduced by using SD model. This study has the issue of simplifying the regional economic effects of the port as contributing to raising the regional income. The regional economic effects of port have various indirect ones except for this. So, SD(System Dynamics) was presented, and applied to simulate port and regional economy.

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A Study on Dynamic Models for Ports and Regional Economy (항만과 지역경제간의 동태적 모델에 관한 연구)

  • 오세웅;여기태;이철영
    • Journal of Korean Port Research
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    • v.14 no.4
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    • pp.387-394
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    • 2000
  • If a system such a port and regional economy has a large boundary and complexity, the system's substance is considered as a black box, forecast accuracy will be very low. Futhermore various components in a port and regional economy exert significant influence on each other. To copy with these problem the from of structure models were introduced by using SD model. This study has the issue of simplifying the regional economic effects of the port as contributing to raising the regional income. The regional economic effects of port have various indirect ones except for this. So, SD(System Dynamics) was presented, and applied to simulate port and regional economy.

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Development of a System Dynamics Model to Support the Decision Making Processes in the Operation and Management of Water Supply Systems (상수도 시스템의 운영 및 유지관리 의사결정 지원을 위한 시스템다이내믹스 모형의 개발)

  • Park, Su-Wan;Kim, Kyu-Lee;Kim, Bong-Jae;Lim, Ki-Young
    • Journal of Korea Water Resources Association
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    • v.43 no.7
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    • pp.609-623
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    • 2010
  • In this paper the feedback loop mechanisms that are inherent in the management of water supply systems were identified based on the system dynamics modeling methodology. As a result, a system dynamics (SD) computer simulation model that can be used to aid efficient management of water supply systems was developed. The developed SD model can be used to predict operating conditions of water supply systems including the effects of pipe maintenance on the entire system. The developed model is consisted of water supply, pipe maintenance and water supply business finance model. The operation and maintenance data from a study water supply system were used to verify the model and to predict the past and future operating conditions of the system. The policy leverage that greatly affects the operating condition was evaluated by the sensitivity analyses for the operational indices due to changes in the exogenous variables. It was found that while the pipe maintenance related exogenous variables had great effects on the leakage and conditions of pipes, they did not have great effects on the major operational indices such as revenue water ratio. It is considered that the social costs due to leaks and pipe breaks and the corresponding mechanism of propagation of the costs must be modeled to better evaluate the effects of pipe maintenance on the operational conditions of water supply systems.