• Title/Summary/Keyword: Start-Up Characteristics

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A Study on the Verification of Significance of Assessment Items for Selecting Start-ups: Focusing on Project Fostering Start-ups through Leading Universities (창업기업 선정평가지표 유의성 검증에 관한 연구: 창업선도대학육성사업을 중심으로)

  • Jung, Kyung Hee;Sung, Chang So
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.13 no.4
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    • pp.13-22
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    • 2018
  • In this study, we examined the accuracy of the assessment items for selecting start-ups used in the project to support start-ups and verified their validity in determining whether they are appropriate assessment items based on selection criteria. The results of 973 start-ups that applied for the project fostering startup leading universities were collected and logistic regression was performed using SPSS 18.0. The study results are summarized as follows. First, the differences in characteristics of start-ups were identified in terms of selection. Second, the impact of selection by assessment items was gender in 2015, capability of the founder, business establishment in 2016, performance and potential in the global market, and business startup in 2017. Third, the overall selection accuracy analysis for the last three years confirmed that the accuracy of the selection is lower each year and that the accuracy of the selection is lower than the accuracy of the non-selection. This means that the current assessment items for selecting start-ups are inaccurate for selection, and that changes in the items due to changes in the start-up environment each year have led to lower accuracy of selection. It is meaningful that this study raised the importance of assessment items and the need for improvement of assessment items for the screening functions of good start-ups to enhance efficiency of the policies for startup support.

A Modified Real Options Valuation Model for Early Stage Start-Ups in the Game Industry (초기 게임개발사 특성을 고려한 가치평가 모형 연구)

  • Yoo, Changsok;Poe, Baek
    • Journal of Korea Game Society
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    • v.13 no.3
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    • pp.69-76
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    • 2013
  • The financial value of early stage start-up has a tendency to depend more on the non-financial factors, but these are not efficiently reflected in the traditional valuation models. Therefore, most of valuation practices for early stage start-ups heavily relied on the guts of experts. To remedy this, this study suggests a model to directly reflect the non-financial factors especially for the real options approach. Actual process of valuation and the adjustment way were developed considering the characteristics of early stage start-ups in the game industry.

Numerical Analysis of dynamic behavior and steady state characteristics of methane autothernal reformer (메탄 자열 개질기의 동적 거동 및 정상 특성에 관한 수치적 연구)

  • Lee, Shin-Ku;Park, Joon-Guen;Bae, Joong-Myeon
    • 한국신재생에너지학회:학술대회논문집
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    • 2007.06a
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    • pp.5-8
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    • 2007
  • In this paper, numerical investigation has been carried out to study performance of methane autothermal reformer and dynamic behavior for light-off under various operating conditions. In order to simulate the given problems, numerical methods are incorporated using finite-volume method. In addition, porous medium approach is accepted because the catalytic phenomena occur in porous media. Also, start-up issue is significant in autothermal reformer although the reaction is marginally exothermic. Thus, in this study transient behavior has been also investigated to find out optimal operating conditions for start-up.

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Characteristics of shaft Vibration due to Rubbing in the Steam Turbines (증기 터빈에서의 고체 마찰에 의한 축 진동 특성)

  • 하현천;최성필
    • Proceedings of the Korean Society of Tribologists and Lubrication Engineers Conference
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    • 1999.11a
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    • pp.179-183
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    • 1999
  • Rubbing occurs when a rotating element comes in contact with a stationary element. In the steam turbines, the rotating element is the rotor while the stationary elements are usually the oil deflectors and packing seals. Rubbing phenomenon may be often obseued on a new or rebuilt machine rather than on a machine that has been operating for several months or years. Rubbing in the turbine has been classified into two modes by the operating conditions: 1) start up or shut down, 2) steady state. At start up or shut down operation, rubbing produces synchronous whirl vibration, which are caused by thermal bow of the shaft due to localized heating on the shaft surface. While subsynchronous whirl vibration is caused by partial rubbing during the steady state operation. In this paper, the two case studies of troubleshooting for excessive vibration caused by rubbing in the actual steam turbines are investigated.

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A Study on the Reduction of HC and Heat Characteristics of the Dual Pipe Exhaust Manifold (이중관 배기메니폴드의 HC저감효과 및 열특성에 관한 연구)

  • 박경석;허형석
    • Transactions of the Korean Society of Automotive Engineers
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    • v.9 no.6
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    • pp.103-111
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    • 2001
  • During cold-start period, the reduction of exhaust emissions is a challenging task. To decrease harmful gaseous substances such as HC, it is necessary to realize a fast catalyst warm-up. In this study, the performance of dual pipe exhaust system have been carried out through different test mode. From measurement of gas temperature and HC concentration, the following conclusions were derived ; 1) Compared with single pipe, dual pipe exhaust system remarkably increase temperature of exhaust gas going through M.C.C(Main Catalytic Converter). 2) W.C.C.(Warm-up Catalytic Converter) also decreases HC emission. To reduce HC emission, it is helpful to use W.C.C. as well as dual pipe exhaust system. 3) Using finite element method, it is shown that inner parts have much higher distribution of temperature than outer parts.

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Cogging Torque Reduction in Permanent-Magnet Brushless Generators for Small Wind Turbines

  • Chung, Dae-Won;You, Yong-Min
    • Journal of Magnetics
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    • v.20 no.2
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    • pp.176-185
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    • 2015
  • We present the design optimization of the magnetic pole and slot design options that minimize the cogging torque of permanent-magnet (PM) brushless generators for small wind turbine generators. Most small wind-turbines use direct-driven PM generators which have the characteristics of low speed and high efficiency. Small wind-turbines are usually self-starting and require very simple controls. The cogging torque is an inherent characteristic of PM generators, and is mainly caused by the generator's geometry. The inherent the cogging torque can cause problems during turbine start-up and cut-in in order to start softly and to run a power generator even when there is little wind power during turbine start-up. Thus, to improve the operation of small turbines, it is important to minimize the cogging torque. To determine the effects of the cogging torque reductions, we adjust the slot opening width, slot skewing, mounting method of magnets, magnet shape, and the opening and combinations of different numbers of slots per pole. Of these different methods, we combine the methods and optimized the design variables for the most significant design options affecting the cogging torque. Finally, we apply to the target design model and compare FEA simulation and measured results to validate the design optimization.

Selecting Investments in Start-ups: an OWA-based Methodology

  • Casanovas, Montserrat;Pla, Jordi
    • East Asian Journal of Business Economics (EAJBE)
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    • v.3 no.2
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    • pp.21-25
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    • 2015
  • Investment process on startup companies faces several difficulties based on the characteristics of this type of companies, such as lack of historical data, current operating losses and absence of comparable companies. In this paper we focus in a new methodology based on ordered weighted averaging (OWA) operators. OWA operators are useful instruments that enable the aggregation of information; in other words, from a data set we are able to obtain a single representative value of that set. The investment methodology presented consists on the application of OWA operators to the targeted startup companies based on the capacity of cash-flow generation and also on the planned scenario of future growth for each company. This paper shows that the methodology proposed can serve as a valuable tool, complementing the qualitative criteria (which, obviously, should not be ignored) for assessing and selecting a start-up investment.

A Study on the Performance Improvement of Rotor Structure Modifications in Single-Phase Motors for Compressor Applications (압축기용 단상 전동기의 회전자 자계구조 변경에 따른 성능에 관한 연구)

  • Tae-Uk Jung
    • Journal of the Korean Society of Industry Convergence
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    • v.27 no.2_2
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    • pp.325-332
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    • 2024
  • Contemporary power systems demand efficient and sustainable technologies. Single-phase induction motors, while widely used, face efficiency challenges due to inherent rotor losses. Proposed solutions include the Line-start Permanent Magnet Synchronous Motor (LSPMSM), leveraging permanent magnets for enhanced energy density but facing demagnetization and cost issues. Alternatively, the Line-start Synchronous Reluctance Motor (LSRM) operates as a hybrid motor without permanent magnets, reducing rotor losses and potentially improving efficiency. This paper focuses on designing an LSRM rotor for air conditioner compressors, analyzing start-up characteristics and efficiency through finite element analysis. A comparative study with single-phase induction motors provides insights for future motor technology selection, balancing efficiency and other requirements.

Optimum Design of Integer and Fractional-Order PID Controllers for Boost Converter Using SPEA Look-up Tables

  • Amirahmadi, Ahmadreza;Rafiei, Mohammadreza;Tehrani, Kambiz;Griva, Giovanni;Batarseh, Issa
    • Journal of Power Electronics
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    • v.15 no.1
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    • pp.160-176
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    • 2015
  • This paper presents a method of designing optimal integer- and fractional-order proportional-integral-derivative (FOPID) controllers for a boost converter to gain a set of favorable characteristics at various operating points. A Pareto-based multi-objective optimization approach called strength Pareto evolutionary algorithm (SPEA) is used to obtain fast and low overshoot start-up and dynamic responses and switching stability. The optimization approach generates a set of optimal gains called Pareto set, which corresponds to a Pareto front. The Pareto front is a set of optimal results for objective functions. These results provide designers with a trade-off look-up table, in which they can easily choose any of the optimal gains based on design requirements. The SPEA also overcomes the difficulties of tuning the FOPID controller, which is an extension to the classic integer-order PID controllers and potentially promises better results. The proposed optimized FOPID controller provides an excellent start-up response and the desired dynamic response. This paper presents a detailed comparison of the optimum integer- and the fractional-order PID controllers. Extensive simulation and experimental results prove the superiority of the proposed design methodology to achieve a wide set of desired technical goals.