• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.13 no.4
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• pp.1-12
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• 2018

During few decades, Korean economy has been growing with heavy and manufacturing industries. However, the economy meets limitations of growth rate, and employment rate. The Korean government has been trying to overcome these limitations using development of venture businesses and re-organization of industrial ecosystem. These efforts make high survival rate of recent venture companies. There are previous researches about relation between characteristics of entrepreneur and managerial performance, there are several limitations. Firstly, most of papers were based on survey with specific region or industry. Secondly, related researches were carried out with unable to distinguish among firm's survival periods. This paper uses the '2017 Survey of Korea Venture Firms' data that is approved by the Korean government. This data includes whole industries and survival periods. The aim of this research is finding the effect of characteristics of entrepreneur on managerial performance of venture firms by different survival periods using data envelopment analysis (DEA). If entrepreneur has doctoral degree, the firm's managerial performance is lower than bachelor degree. In addition, over 10 years of working career, and joint-venture have positive effect on firm's performance. This paper can provide valuable information to venture related policy makers and investment decision makers.

• Journal of the Economic Geographical Society of Korea
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• v.25 no.4
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• pp.531-546
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• 2022

This study analyzes the performance and characteristics of the fostering policies for the focusing on growth path and type occupied in the Technoparks. First, the companies occupied in the Technoparks have shown the characteristics of landing on an actual growth phase beyond the start-up and fostering phases, and when considering the possession of a dedicated R&D organization and the portion of highly educated technical personnel having masters and doctorate degrees, these companies have also entailed the characteristics of being a technological innovation company. Second, about 30% of the companies that left the Technoparks secured their own factories and offices after standing alone, indicating that the fostering function after startup in the Technoparks has been performing a significant role on the growth path of start-up companies from a temporal perspective. Third, a majority of the companies occupied in the Technoparks were composed of scale-up companies or preliminary scale-up companies that contained promising innovative growth potential. However, it seems to urgently require the acceleration of innovation because many companies are categorized into a stagnated growth type that demonstrates a high R&D investment but low sales revenue growth.

• The Journal of the Institute of Internet, Broadcasting and Communication
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• v.12 no.2
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• pp.167-174
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• 2012

The circuits including with Optical transceiver and clock data recovery, in this paper, SERDES (SERializer-DESerializer) are implemented to construct a GE-PON burst-mode transceiver supporting IEEE 802.3ah and a jig for measuring the burst-mode characteristics, that is to say, PON upstream optical transmission environment are manufactured to evaluate the performance of transceiver. we verified that the limiting amplifier compensated the gap of max. 26dB optical power by experiments. The startup acquisition lock time is 670ns in case of using VSC7123 and 2300ns in case of S2060 and the data acquisition lock time were measured to be 400ns and 600ns, respectively, in the upstream channel transmission in this work. While on the other, VSC7123 is satisfied with IEEE802.3ah recommendations.

• World Technopolis Review
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• v.5 no.1
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• pp.2-18
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• 2016

The development of Technopolis and the establishment of innovative ecosystem have made an important contribution in South Korea's latest industrial development and economic growth. Particularly, Daedeok INNOPOLIS which is responsible for the central role in the national science technology advancement was founded as the Science Town in the 1970s. Since then, it has undergone three-phases of development: Science Park, Technopolis and Innovation cluster. As the result of the transition, Daedeok INNOPOLIS currently serve as the leading role for achieving sustainable economic growth, employment promotion, national and regional innovation. In order to accelerate the progress for success, Daedeok INNOPOLIS have arranged an opportunity for 21st century new industry development, improved growth of technology-intensive SMEs, reinforced academic-industrial cooperation, and established innovative ecosystem. Daedeok INNOPOLIS is considered as an outstanding case of endogenous development strategy of Technopolis. This study attempts to consider the endogenous development strategy of Technopolis in Korea through the analysis of development characteristics of Daedeok INNOPOLIS in two different perspectives: changes of spatial structure and establishment of innovation ecosystem. Daedeok INNOPOLIS have experienced a series of endogenous growth that is consisted of advancement strategy and structural changes, which allowed Daedeok research town to grow into an innovative cluster. A sign of growth of Daedeok INNOPOLIS became apparent when its strategy to reinforce the academic-industry cooperation system by promoting participation from universities helped to overcome a functional limitation as a research institute integrated for the establishment of innovative ecosystem. Since then, the center for creative economy and innovation established in cooperation with large enterprise, has a role to build a startup ecosystem and to promote next level of development such as proactive fostering of venture companies for sustainable technopolis development.

• Journal of Korea Society of Industrial Information Systems
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• v.21 no.6
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• pp.125-135
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• 2016

It is well known that the encouraging startups play a major role for innovation in an economy. Thus, venture capital are indispensable for the growth of startups. The literature on investment performance of venture capital reveals that the investment strategies depend largely on the characteristics and capabilities of venture capital. Therefore, investment capability of venture capital is important. There are various investing roles that can be identified by venture capital when determining what kind of startup to invest in, whom to invest with, how to invest, how to post-investment management after investment, and so on. This research was conducted to understand the effect of investment capabilities of venture capital on investment performance. To do so, we surveyed 70 venture businesses in the Seoul and Gyeonggido region for an empirical analysis. The empirical results of this paper are summarized as follows. First, the financial performance of venture firms is influenced by the financial capacity of venture capitalists, and investment evaluation of venture capital. Second, the business performance of venture firms is influenced by the marketing support consulting of venture capital, and investment evaluation of venture capital.

• Journal of the Korea Convergence Society
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• v.11 no.10
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• pp.267-277
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• 2020

This study examined the impact of failure tolerance on exploration and exploitation activities and the impact of these activities on management performance in the representatives of re-start-up companies. Recently, policy and social support for re-starting businesses has been increasing. This study seeks to verify whether the psychological factors of the re-founder are related to management performance. Therefore, a research model that combines failure tolerance, which is a psychological and pedagogical variable, and management performance, which is a management variable, was presented and empirical analysis was made. The research targets were conducted on re-founders who received funding from Korea SMEs & Startups Agency. The analysis of the psychological characteristics of the re-start-up, failure tolerance and the effect on the exploration and exploitation activity, all showed positive effects, and the analysis of the effect of the exploration and exploitation activity on the management performance, showed that the exploration activity did not affect, and the exploitation activity had a positive effect. This study is intended to provide theoretical and practical implications.

• 한국신재생에너지학회:학술대회논문집
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• 2011.05a
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• pp.159.1-159.1
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• 2011

Partial oxidation reformer was fabricated and operated using commercial transportation fuels. Fuel injector and heating coil were used for fuel atomization and startup, respectively. The reformer was designed to produce syngas for $150{\sim}200W_e$ class solid oxide fuel cell. The reformer was operated in the $O_2$/C range between 0.6 and 0.8 while the capacity was fixed at $150W_e$. The temperature range in catalyst bed was between $500^{\circ}C$ and $900^{\circ}C$. Only 83% fuel was converted to $H_2$, CO, $CO_2$ and $CH_4$ at the operating conditions. The lowest temperature increase to $700^{\circ}C$ when the reformer was operated at $200W_e$, Although the temperature profiles was improved, fuel conversion was 88%. On the other hand, fuel was completely converted when micro-reactor operated at the same condition. This difference maybe due to aromatic compounds formation at homogeneous region. In addition, a significant amount of coke deposition was observed at vent line. Homogeneous reaction depends on the degree of mixing. For this purpose, two fluid nozzle and Ultra sonic injector were compared to investigate the effect of atomization. Sauter mean diameter(SMD) of Ultra sonic injector was lower than two-fluid nozzle at test condition. However, conversion efficiency and fuel conversion were not improved by using two-fluid nozzle. these results imply that the temperature of homogeneous reaction region should be controlled to prevent coke formation.

• The Journal of Korean Institute of Communications and Information Sciences
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• v.27 no.8C
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• pp.782-791
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• 2002

This paper discusses a far-end crosstalk (FEXT) canceller for twisted-pair transmission. Many twisted-pair systems such as fiber-to-the-curb (FTTC), very high-speed digital subscriber line (VDSL), and high-speed LAN systems, use frequency-division duplexing (FDD) for duplex transmission. It is shown that the maximum reach of FDD twisted-pair system is limited by the performance of its upstream channel, which is located at higher frequencies than the downstream channel. In order to improve the performance of such FDD transceiver, FEXT cancellation is introduced for the channel at higher frequencies. A system arrangement and its blind start-up procedure are studied when the FEXT canceller and equalizer are jointly adapted to combat channel intersymbol interference (ISI), FEXT, and other additive noise. The initial convergence and the steady-state behavior of the proposed twisted-pair system without requiring transmission of an ideal training sequence are investigated. Measured characteristics as well as analytical model of the FEXT channel are used to estimate the time span needed for the FEXT canceller. It is also shown that the memory span for the FEXT canceller is almost independent of the channel, thus making our results useful for the twisted-pair system over all different channels.

• Journal of IKEEE
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• v.22 no.2
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• pp.258-265
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• 2018

This paper proposes an algorithm for reducing the starting current when the single-phase induction motor starts and analyzes its operation. Generally, the single-phase induction motors require several starters to generate the starting torque due to their structural characteristics. In this paper, a capacitor-start / capacitor-run method of the single-phase induction motor is basically adopted. This conventional method is efficient and has a large starting torque, but it generates about 5 ~ 6 times of inrush current at startup. As a result, the freezer starting device and peripheral devices are damaged and life time may be reduced. To reduce the inrush current, the current control algorithm based on the virtual dq model is presented to control the starting current. In addition, it validates the proposed algorithm through experiments to smooth transit from start-up operation to the rated operating region.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.10 no.1
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• pp.175-185
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• 2015

This article focuses on an analysis of entrepreneurship education programs at U.S. college and universities in order to determine distinctive features of those programs. To this end, we delved into the entrepreneurship programs including Martin Trust Center for MIT, Harvard University VIP program, Polsky Center of Chicago University and Stanford University program. By analyzing major roles, curriculums, and characteristics of the programs, three types of distinctive features emerged. The first feature is dynamic education-focused programs, which provide students with opportunities for applying what they have learned through startup competitions. The second is local-based programs, which take the lead in local startups by focusing on the local industry. The third is the programs with support and encouragement for startups. Based on the three types of features, we suggested critical factors for successful entrepreneurship education.