• Title/Summary/Keyword: Start-up

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A Study on the Factors that Determine the Initial Success of Start-Up (스타트업의 초기 성공을 결정하는 요인에 관한 연구)

  • Lee, Hyun Ho;Yun, Hwangbo;Gong, Chang-Hoon
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.12 no.1
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    • pp.1-13
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    • 2017
  • The purpose of this study is to find out which factors determine the success of start-up in the initial market and what are the most important determinants. For the empirical analysis, the questionnaire related to the analysis of success factors for start-up success was designed according to the quantitative analysis (AHP technique). First, we selected 8 representative success factors for successful start-up in the initial market. In order to determine the degree of priority among these factors, we surveyed 12 entrepreneurs who are interested in entrepreneurship, universities, research institutes, and public officials. As a result of the empirical analysis, 51% of the funds in the tier 1 were ranked as the top priority to determine success factors. Followed by research and development (32.5%), management (8.7%) and marketing (7.8%). In particular, when each of the four items is calculated as 100 according to the result of the tier 1, and the tier 2 is converted, the foreign investment is analyzed as 43.7%. It was followed by 15.14% of R & D facilities, 14.07% of ideas, 8.7% of managerial ability, 7.29% of domestic investment, 5.85% of buyer feedback, 3.3% of development strategy and 1.95% of marketing strategy. Among the eight success factors, overseas investment items showed the closest preference to half, and it was the most important variable that determines the success or failure of market entry. The implication of this study is that many start-ups in Korea expect to receive investment and support from overseas accelerators. This means that overseas investment itself has been recognized as a start-up that makes services and products that can be used in the global market. A high preference for attracting foreign investment is due to the fact that the amount of investment is larger than that of Korea and that it can flexibly cope with the pressure on the performance compared to domestic investors. In this study, it was meaningful that we could confirm this fact through questionnaires of start-up experts. In future research, we need to find a viable alternative through studying how to provide start-up to foreign direct investment at the national level.

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Optimal Operation Model of Heat Trade based District Heating and Cooling System Considering Start-up Characteristic of Combined Cycle Generation (가스터빈 복합발전의 기동특성을 고려한 열거래 기반 지역 냉난방 시스템의 최적 운영 모델)

  • Kim, Jong-Woo;Lee, Ji-Hye;Kim, Hak-Man
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.62 no.11
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    • pp.1610-1616
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    • 2013
  • Recently, district heating and cooling (DHC) systems based on combined cycle generation (CCG) providers are increasing in Korea. Since characteristics of combined heat and power (CHP) generators and heat demands of providers, heat trading between DHC providers based on the economic viewpoint is required; the heat trading has been doing. In this paper, a mathematical model for optimal operation based on heat trading between DHC providers is proposed. Especially, start-up characteristic of CCG is included. The operation model is established by mixed integer linear programming (MILP).

Hydrogen Peroxide Gas Generator with Dual Catalytic Bed for Non-preheating Start-up (비예열 시동특성을 갖는 이원 촉매 베드 과산화수소 가스발생기)

  • Lim, Ha-Young;An, Sung-Yong;Kwon, Se-Jin
    • Proceedings of the Korean Society of Propulsion Engineers Conference
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    • 2007.04a
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    • pp.163-167
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    • 2007
  • Silver is widely used for catalytic decomposition of hydrogen peroxide, but start-up at room temperature is difficult and cannot withstand at high temperature. In this paper, to overcome these short-comings, a dual catalytic bed which consists of a vaporizer catalyst and a high temperature catalyst was studied. Platinum was selected as the vaporizer catalyst and perovskite type catalyst was selected for the high temperature catalyst. Preliminary test demonstrated start-up capability with non-preheating at room temperature and good thermal stability at high temperature.

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A Study on the Thermal Performance of Concentric Annular Heat Pipes (동심형 히트파이프의 열성능에 관한 연구)

  • Kim, D.H.;Park, S.Y.;Boo, J.H.
    • Proceedings of the KSME Conference
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    • 2004.04a
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    • pp.1412-1417
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    • 2004
  • Concentric annular heat pipes having the length of 200 mm and the outside diameter of 25.4 mm were manufactured and tested. The inside diameters of the heat pipes were 11.3 mm and 8.1 mm and the material of the container was copper. To compare with thermal performances between the concentric annular heat pipe and a copper block with same shape, start-up and isothermal performance were tested. In the result, the start-up of the concentric annular heat pipe was influenced by the start-up of their heat source. The concentric annular heat pipe reached at steady state faster then the same shape of copper block. The maximum wall temperature difference of the concentric annular heat pipe on whole surface was $4.6^{\circ}C$, and the case of the copper block was $16.5^{\circ}C$.

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A study on the characteristics of a frozen start up for a variable conductance heat pipe (가변전열 히트파이프의 저온 시동특성에 관한 연구)

  • Hong, Sung-Eun;Kang, Hwan-Kook;Cho, Kwang-Cheal
    • Proceedings of the SAREK Conference
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    • 2006.06a
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    • pp.339-345
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    • 2006
  • This these was conducted to investigate tile characteristics of a frozen start up for a VCHP which has water as a working fluid and Nitrogen as a non-condensible gas. The tested heat pipe was made of a copper tube with the outer diameter of 12.7 mm, the length of 340 mm, and the sintered metal wick had the thickness of 0.7 mm. This experiment was conflicted under the thermal load, inclined angle and cooling conditions.

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A Study on Entrepreneurial support policy measures for Start-up boom spread (창업 붐 확산을 위한 창업지원정책 방안 연구)

  • Kim, Yong-Tae;Kim, Jong-Jin
    • Journal of Digital Convergence
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    • v.17 no.6
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    • pp.201-209
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    • 2019
  • Recently various start-up competitions have been held in the government, public and private sectors. There is a need to improve the business model of the majority of preliminary founders and early founders through the start - up contest, while improving the possibility of commercialization. The purpose of this study is to analyze the present status of various start - up contests based on the actual survey results of the major start - up contest operators and major participants in Korea. The main results of this study are as follows: First, in the run - up contest, there is a tendency to break out of the event personality, to prevent the opening of the business model of the entrepreneur in the competition, to reduce the formal procedure considering the input time, Improvement of the use of presentation materials, and the purpose of the contest and precise specification of the object of the recruitment. Secondly, it is necessary to establish a juror and a mentor pool with expertise. It is necessary to establish the judges and the mentor pool with expertise in each field, allocate the region according to the regional composition, entrust the judges with entrepreneurial experience, and introduce the post evaluation system for the judges after the competition. Third, most of the contest winners are manufacturing / technology-based businesses.

The Effect of the Psychological Characteristics of Office Workers and the Preparation for Start-up on Entrepreneurial Opportunity Recognition and Entrepreneurial Intention (직장인의 심리적 특성과 창업준비가 창업기회인식과 창업의도에 미치는 영향)

  • Kim, Myoung Han;Ha, Kyu Soo
    • The Journal of the Korea Contents Association
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    • v.22 no.9
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    • pp.234-251
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    • 2022
  • In this study, effects of the psychological characteristics of office workers and start-up preparation on entrepreneurship intention by mediating entrepreneurial opportunity recognition were analyzed. As sub-variables of psychological characteristics, desire for economic achievement, self-fulfillment, and risk-taking tendencies were classified. The collected 357 questionnaires, SPSS v24.0 and Process macro 3.5 were used for empirical analysis. As a result, first, it was showed that self-fulfillment and start-up preparation had a positive (+) effect on entrepreneurial intention, and the effect of desire for economic achievement and risk-taking tendencies on entrepreneurial intention was not significant. Second, it was confirmed that psychological characteristics and start-up preparation had a significant positive (+) effect on the entrepreneurial opportunity recognition. Third, it was found that the effect of the entrepreneurial opportunity recognition on the entrepreneurial intention was significant in the positive (+) direction. Fourth, entrepreneurial opportunity recognition was tested as mediating the psychological characteristics of workers, start-up preparation and entrepreneurial intention. As a follow-up study, it is recommended that studies to analyze moderated mediating effects by the conditional process model including moderating variables and to discover the third mediator other than a mediator used in the research should be conducted.

Start-up and operation of Gasoline Fuel Processor for Isolated Fuel Cell System (독립형 연료전지 시스템을 위한 가솔린 연료프로세스의 시동 및 운전)

  • Ji, Hyunjin;Bae, Joongmyeon
    • Journal of Energy Engineering
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    • v.25 no.1
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    • pp.76-85
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    • 2016
  • This study introduces the system layout and control strategy necessary to start and operate a fuel processor in a wide range of temperatures where a gasoline was selected as the fuel of fuel processor considering logistic support of Korea Army. The autothermal reformig(ATR) catalyst is heated to light-off temperature by combustion method in the initial stage. In order to ignite the gasoline and air mixture stably, the glow plug is installed after ATR catalyst. When the catalyst is increased to light-off temperature, the reformer is operated from initiation to steady state conditions as follows: Partial oxidation(POX) mode, partial ATR mode, full ATR mode. Finally the start-up and control strategy is validated by the operational test of gasoline fuel processor at low and room temperature. As a result the gasoline fuel processor is able to start-up within 40 min and to produce the reformate gas which has 37 ~ 42 vol.%(dry basis) of $H_2$ and 0.3 vol.% of CO.

A Study on Relationship among Knowledge State, IT Support, Knowledge Sharing Process and Outcomes in Startup Teams

  • Lee, Seyoon;Lee, Hyejung;Lee, Jungwoo
    • Journal of Information Technology Services
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    • v.15 no.3
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    • pp.173-193
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    • 2016
  • Start-ups do not have enough resources such as financial capital and established customer base. Knowledge base of start-up team members is the crucial and unrivaled resource. This study tries to explicate the knowledge sharing process occurring in this knowledge base of start-up teams. Adopting the knowledge process view, detail process of knowledge sharing process model is constructed consisting of knowledge sharing speed, quality and quantity in a form of nomological net and empirically tested. In addition, preceding antecedents and consequential outcomes of this knowledge sharing is also posited as part of the research model : knowledge state of the team leading to team creativity and agility via the explicated knowledge sharing process model. Also, as this knowledge based view are triggered by the advance of IT in general, IT support is conceptualized as an antecedent and measures are operationalized. 230 data points were collected from start-up teams. Via data analysis using PLS, theoretical relationships from knowledge state, IT support, knowledge sharing process and knowledge consequences are found to be empirically supported except a few not supported. Most of all, team agility and team creativity are theoretically supported and empirically validated as critical outcome variables beyond performance measures. Though agility and creativity has been discussed as critical construct in start-up teams, it has not be much validated empirically. Also, interestingly, IT support are found to be significantly impacting the knowledge sharing process as expected. Academic contributions and implications for practice are discussed at the end with limitations and further research.

A Study on the Start-up of the Water/Steam Receiver for Solar Power Tower (타워형 태양열 흡수기의 시동특성에 관한 연구)

  • Seo, Ho-Young;Kim, Jong-Kyu;Kang, Yong-Heack
    • 한국신재생에너지학회:학술대회논문집
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    • 2008.05a
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    • pp.157-160
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    • 2008
  • Solar receiver in the solar power tower system has a similarity to a boiler of the thermal power plant in many aspects. However Boiler is operated long time without stopping while solar receiver repeats start and stop every day. The objective of this study is to investigate start-up characteristics of solar receiver. The experimental device was constructed in a bench scale. Basic experimental condition of water/steam was set by 25 bar and $223^{\circ}C$. Initially, the heat was added into risers only, then another experiment with input into drum additionally was done. When the heat flux was valid only risers, it took about 300 minutes until the water temperature in drum reached $223^{\circ}C$. Water temperature of drum was increased by $44^{\circ}C$/hr with 91.14 g/s of water circulation. With additional heat input into drum, 200 minutes was required to reach $223^{\circ}C$. In this case temperature was increased $66^{\circ}C$/hr with 96.5 g/s of water circulation.

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