• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.18 no.4
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• pp.177-191
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• 2023

This study analyzes the types of linkages between major projects used by firms that attracted venture capital among firms that received government support in the field of SME startups. It identifies the types of linkages between support programs related to attracting venture investment and verifies the usefulness of integrated and cooperative support. The main findings of this study are as follows. First, Startup Success Packages, Startup Foundation Funds*, Youth Entrepreneurship Centers, and Training are the main programs used by startups and venture firms, and support-implementing agencies use these programs to provide support for each stage of growth. Second, the majority of startups and venture firms receiving policy support for job creation and manpower enhancement projects. Third, export-type growth companies receive continuous support from MSS, MOTIE, MSIT, and KIPO. Fourth, job creation programs drive the employment performance and creation of companies. Fifth, local government support projects tend to rely heavily on central government support programs. Sixth, growth companies in the startup and venture sector have a clear link to credit guarantee scheme by KIBO. These findings provide empirical evidence on the necessity and feasibility of integrated and collaborative support, and are expected to contribute to the direction of better support policies.

• Journal of the Korean Society of Systems Engineering
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• v.16 no.2
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• pp.1-15
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• 2020

Nuclear power plants in South Korea are operated to cover the baseload demand. Hence they are operated at 100% rated power and do not deploy power tracking control except for startup, shutdown, or during transients. However, as the contribution of renewable energy in the energy mix increases, load follow operation may be needed to cover the imbalance between consumption and production due to the intermittent nature of electricity produced from the conversion of wind or solar energy. Load follow operation may be quite challenging since the operators need to control the axial power distribution and core reactivity while simultaneously conducting the power maneuvering. In this paper, a systems engineering approach for multi-physics load follow simulation of APR1400 is performed. RELAP5/SCDAPSIM/MOD3.4/3DKIN multi-physics package is selected to simulate the Korean Advanced Power Reactor, APR1400, under load follow operation to reflect the impact of feedback signals on the system safety parameters. Furthermore, the systems engineering approach is adopted to identify the requirements, functions, and physical architecture to provide a set of verification and validation activities that guide this project development by linking each requirement to a validation or verification test with predefined success criteria.