• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.15 no.6
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• pp.43-54
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• 2020

This paper investigates the causal impact of the increase in institutional distance between two geographic regions on the flow of cross-border Venture Capital (VC) between the regions. While cross-border VCs are believed to have competitive advantages at identifying and managing promising startups in a local market compared to local counterparts, the discrepancy in institutional characteristics between two markets exacerbates the difficulty of credible information exchange and negotiation, significantly increasing transaction cost related to a cross-border venture capital investment. This study conducts a difference-in-difference analysis to examine the relationship between institutional distance and the flow of cross-border VC investment using the fact that the official adoption of the Euro currency by member countries of the European Union except the UK created an institutional chasm between the UK and other EU member countries. The outcomes of the analysis suggests that UK-based VCs significantly decreased the VC investment into EU-based startups and that EU-based VCs reduced the investment into UK-based startups. The results have meaningful implications for understanding the impact of the change in institutional difference on cross-border VC investment, which seems to increasingly take place with the recent trend of de-globalization and the rise of protectionism.

• Proceedings of the KSR Conference
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• 2004.06a
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• pp.461-471
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• 2004

The primary objective of this paper is to investigate the corridor of Eurasia High-Speed Railway Network from the governmental view of the Republic of Korea, whose High-Speed Train has been recently operated. The country is also expected to figure out the changes of Eurasia infrastructure system under the assumption that Trans-Korean Railway is connected to the Continent. As a result of research, the corridor connecting the TKR to TSR seems to be more attractive to the Republic of Korea than that of the TKR-TCR under the current economic and operational environments. However, even in a case, the railway linkage through the TSR between Europe and Asia should remain a supplementary means of the sea transportation route. Lastly, TSR may need a program of structural reforms, in order to continuously provide preferable services like the Pan-European Transport Network (PETN) which is currently initiated by the European Union, such as to improve outdated infrastructure (railway, bridges, signal systems, etc.), to simplify and to standardize the process of custom clearance and internal tariffs, and ultimately to construct a uniform management system for the corridor linking the TKR to TSR.

• Journal of Korea Trade
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• v.23 no.2
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• pp.76-87
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• 2019

Purpose - This study empirically analyzes the effects of the European Union-South Korea Free Trade Agreement on Korean exports in major sectors. Design/Methodology - This study is based on the augmented gravity model with a panel data set covering 51 countries between the years 2000 and 2015. Findings - Main findings of the present study is that the agreement has affected the chemical sector the most. Fixed effects estimation predicted a positive trade effect of 38.3%, while Poisson maximum likelihood estimation predicted an impact of 4.75% in the chemical export sector. Regression results for the other sectors only show insignificant effects. Originality/value - The findings imply that the effects of the EU-South Korea free trade agreement on the Korean exports are quite specific compared to the European ones, meaning that the Korean government should focus on sector-specific programs to maximize the welfare benefits of the free trade agreement.

• Proceedings of the KSR Conference
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• 2002.05a
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• pp.486-491
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• 2002

As the European Union has strengthened and computerized signalling systems have been widely used, the European common standards for the safety of railway signalling systems such as EN 50126, EN 50128, ENV 50129, EN 50159 began to be published from 1996 in CENELEC. At that time, a safety guideline, 'Safety Guidelines for Computerized Train Control and Protection Systems' was published in Japan. The Korean National Railroad also published a safety recommendation for the train control systems with taking into account the Korean railway conditions. Now the preparations for IEC/TC9 Standards are well underway and these standards correspond to CENELEC Standards referred above. These movements and activities are to cope with many technical and operational changes and to reflect the globalization trend of railway sectors along with the computerization of signalling devices. In this connection, this paper studies the globaliztion trend in the safety standards for railway signalling systems and discusses the counterplans for the trend.

• 한국사회복지학회:학술대회논문집
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• 2002.10a
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• pp.227-263
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• 2002

The Scandinavian cluster of welfare societies has for many years been considered a realisation of Richard Titmuss' institutional redistributive model of social policy. Recent reforms have, however challenged this assumption. The paper sets out to evaluate whether recent major changes in welfare provision are merely modifying the model or whether the Scandianian states are converging towards some kind of European social model. It is concluded that besides very many first order changes, such as reducing benefits, an number of second and third order changes have occurred; i.e. the institutional setting and the objective of the welfare states have changed during the 1990s. The Scandinavian welfare states are still distinct, but less so than a decade or two ago. The new elements are features usually associated with welfare models at play within the European Union. It is, hence, concluded that welfare in Scandinavia is undergoing a process of Europeanisation.

• Proceedings of the Korean Society for Quality Management Conference
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• 2004.04a
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• pp.298-301
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• 2004

European Union Member States shall ensure that, from 1 July 2006, new electrical and electronic equipment put on the market does not contain mercury, cadmium, lead, hexavalent chromium, polybrominated biphenyls(PBB) or polybrominated diphenyl ethers(PBDE) (by Directive 2002/95/EC of The European Parliament and the Council of 27 january, 2003 on the restriction of the use of certain hazardous substances in electrical and electronic equipment ). So, It is important to develop lead free solder and to assure the reliability of appliance. But lead free solder(i.e. Sn-3Ag-0.5Cu) have some problems such as lift off, whisker, migration and crack, etc. In this paper we discuss the reliability assurance method in lead free solder and appliance.

• Proceedings of the KSR Conference
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• 2009.05a
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• pp.1759-1764
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• 2009

The railway industry is constrained by barriers within itself, which prevent it from competing effectively with other means of transportation, particularly road transportation. Therefore, many countries have adopted the policies that aim to remove barriers to providing international transport services by creating a common framework for railway industry. Recently, the European Union has produced the European Interoperability Directives, which aim to remove the technical problems involved in running trains between member states. In this respect, it is important to harmonize the technical requirements and specifications of Korea railway industry. This paper presents an action plan for the advancement of railway technical specifications in Korea. For this, the railway law and regulations of other countries are reviewed. Also the technical problems and operational barriers of railway industry are analyzed in Korea. This will help transportation agencies to resolve the technical problems of criteria in Korea railway industry.

• Journal of the Korean Professional Engineers Association
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• v.43 no.6
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• pp.39-45
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• 2010

Soil plays a huge role in climate change, because even a tiny loss of 0.1% of carbon emitted into the atmosphere from European soils is the equivalent to the carbon emission of 100million extra cars on Europe's roads - an increase of about half of the existing car fleet. Soils contain around twice the amount of carbon in the atmosphere and three times the amount to be found in vegetation. Europe's soils are an enormous carbon reservoir, containing around 75billion tonnes, and poor management can have serious consequences. Soil degradation is accelerating across the EU, with negative effects on human health, ecosystems and climate change - and on economic prosperity and quality of life. Climate change is identified as a common element in many soil threats. Europe's soils urgently need better protection. The current trend of soil degradation needs to be reversed, and soil management practices must be improved if a high rate of soil carbon sequestration is to be achieved.

• Proceedings of the Korean Society of Soil and Groundwater Environment Conference
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• 2003.10a
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• pp.28-57
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• 2003

Germany as a densely populated and heavily industrialised country has a long and broad experience in handling contaminated sites. With this presentation we want to describe some main aspects of the soil protection policies and the remediation of contaminated sites in Germany. Due to the history of working on contaminated sites in Germany the Federal Soil Protection Act came into force in 1998. A lot of programmes and network in Germany and in Europe, funded by the State or the European Union, helped developing new measures and techniques for remediation and also for implementing regulations for the involved authorities. Questions like 'who is responsible？' and 'who has to pay for measurements and the remediation？' became more and more important. In the near future there will be an official European Soil Protection Policy (is expected in June 2004). Besides the contaminated sites also other soil protection policies as 'Reducing the land consumption' are pursued and an indicator is developed.and an indicator is developed.

• Journal of Ecology and Environment
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• v.36 no.1
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• pp.89-94
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• 2013

Diatoms have become an integral part of the UK's freshwater monitoring strategy over the past two decades, mostly in response to increasingly stringent European Union (EU) legislation. The use of diatoms is based on strong correlations between diatom assemblages and environmental variables, and from knowledge of the "expected" (= "reference") state of each river. The nationwide overview of the ecological health of rivers this gives allows those stretches of rivers which fail to meet EU criteria to be identified. This, in turn, allows appropriate remediation measures to be planned. Because diatom assemblages vary in space and time, even within a single water body, effective use of diatoms requires a consistent approach in order to minimise uncertainty. This includes the use of methods which comply with European Standards, a training and accreditation scheme for analysts, and a suite of quality assurance methods. Those aspects of uncertainty that cannot be readily controlled have been quantified and all estimates of ecological status are accompanied by the appropriate "confidence of class" and "risk of misclassification". This, in turn, helps planners prioritise those locations which are most likely to benefit from remediation.