• Title/Summary/Keyword: construction economy

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FUTURE STRATEGY FOR KOREAN FIRMS INVOLVED IN OVERSEAS MARKETS

  • Rak-Keun Jeon;Jin-Woo Park;Jun-Youl Choi;Jae-Jun Kim
    • International conference on construction engineering and project management
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    • 2005.10a
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    • pp.389-396
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    • 2005
  • Despite very good reputation that Korean construction industrial firms had enjoyed until early 1990's in overseas markets, their participation abroad drastically declined after the delivery of two(2) million unit-housing project in the early 1990's and the foreign currency crisis that took place in the late 1990's. The revival of booming construction industry in domestic market is far beyond the expectation due to the long recession of the construction economy and government's severe restriction against real estate development. Under such crucial circumstances, the construction industrial firms' strategy to survive is the more active business promotion in overseas markets. However, the Korean construction industrial firms have to abandon the labor intensive strategy, through that they have enjoyed until the early 1990's, and turn to management oriented strategy which may be a new prosperous horizon and a new challenge as well, because the labor cost of newly developing countries is much more competitive. The aim of this study is to suggest how to cope with current market situations through a chronological survey based on the cost data prevailed during four decades from the 1960's until the 1990's in overseas markets.

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Development of an Intelligent Control System to Integrate Computer Vision Technology and Big Data of Safety Accidents in Korea

  • KANG, Sung Won;PARK, Sung Yong;SHIN, Jae Kwon;YOO, Wi Sung;SHIN, Yoonseok
    • International conference on construction engineering and project management
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    • 2022.06a
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    • pp.721-727
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    • 2022
  • Construction safety remains an ongoing concern, and project managers have been increasingly forced to cope with myriad uncertainties related to human operations on construction sites and the lack of a skilled workforce in hazardous circumstances. Various construction fatality monitoring systems have been widely proposed as alternatives to overcome these difficulties and to improve safety management performance. In this study, we propose an intelligent, automatic control system that can proactively protect workers using both the analysis of big data of past safety accidents, as well as the real-time detection of worker non-compliance in using personal protective equipment (PPE) on a construction site. These data are obtained using computer vision technology and data analytics, which are integrated and reinforced by lessons learned from the analysis of big data of safety accidents that occurred in the last 10 years. The system offers data-informed recommendations for high-risk workers, and proactively eliminates the possibility of safety accidents. As an illustrative case, we selected a pilot project and applied the proposed system to workers in uncontrolled environments. Decreases in workers PPE non-compliance rates, improvements in variable compliance rates, reductions in severe fatalities through guidelines that are customized according to the worker, and accelerations in safety performance achievements are expected.

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Building a Big Data Platform Using Real-time Wearable Devices and Cases of Safety Accidents in KOREA

  • LEE, Ki Seok;CHOI, Youngjin;LEE, Kyung-cheun;SHIN, Yoonseok;YOO, Wi Sung
    • International conference on construction engineering and project management
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    • 2022.06a
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    • pp.375-381
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    • 2022
  • Safety accidents are of concern during construction projects, even given the recent innovations in digital technologies. These projects remain focused on overcoming specific and limited applications on construction sites. For this reason, the development of an inclusive safety management system has become crucial. This study aims to build a Big Data platform to inform decisions on how to proactively eliminate worker hazards on construction sites. The platform consists of about 100,000 real records and a real-time monitored database featuring various safety indices, such as workers' altitudes, heart rates, and fatigability during construction, which are determined through various wearable devices. The data types are customized and integrated by a research team in accordance with the characteristics of a specific project using hypertext transfer protocol (HTTP). The results can be helpful as efficient tools to ensure successful safety management in complex construction situations. This study is expected to provide three significant contributions to the field, including real-time fatigability analysis and tracking of workers on-site; providing early GPS-based warnings to workers who might be accessing dangerous spaces or places; and monitoring the workers' health indices, based on details from 100,000 cases.

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The Case Study on the Rural Social Economy in Japan and Korea (일본과 우리나라 농촌 사회적 경제에 대한 사례 연구)

  • Kim, Ok-Hee
    • Journal of Digital Convergence
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    • v.18 no.3
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    • pp.405-418
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    • 2020
  • The purpose of this case study was to analyze the promotion background, development process, business content and organizations of rural social enterprises in Japan and Korea, to examine the similarities and differences of the two countries in social purpose, independence of management, creation of regional economic cycle and administrative role, and to present policy tasks for development of social economy and social enterprise in rural area. the Policy tasks are as follows; construction of community-based social economy, social financial support strengthening, the empowerment of rural social enterprises and the efficient management of internet shopping mall for increase in sales.

China's 'One Belt and One Load' and China's Economic Status (중국의 일대일로(一帶一路) 추진과 중국경제 위상)

  • Heur, Heung-Ho
    • The Journal of the Korea Contents Association
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    • v.19 no.11
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    • pp.297-313
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    • 2019
  • China's 'One Belt and One Load' is a national development strategy that aims to develop China and Eurasian Economic Area into a single economic Area by overland and sea routes. Thus, China's 'One Belt and One Load' construction will be a new engine for China and global economic development. At the same time, expected to have a significant impact on the international economic order and the enhancement the status of the Chinese economy. First of all, 'One Belt and One Load' will contribute to China's social stability by reducing the development gap between the East and West regions to some extent, as well as solving the problems of overcapacity and overproduction in China. Moreover, with a stable supply of energy resources, it will also contribute to the stable development of the Chinese economy. China's 'One Belt and One Load' will also enhance China's status by enhancing the level of Chinese influence and RMB in the international economy, in addition to the economic development of China and 'One Belt and One Load' consecutive countries. In particular, it will weaken the influence of the US, which has dominated the hegemony in the international community. Therefore, Korea, which maintains close economic relations with China, needs to prepare for countermeasures by closely monitoring the change in China's status as a result of China's 'One Belt and One Load' construction.

A Study on the Amount of the Energy Consumption and $CO_2$ Emission at the Construction Stage in the Apartment Housing using the Input-Output Analysis (산업연관분석을 이용한 공동주택 건설단계의 에너지소비량 및 이산화탄소배출량 산정연구)

  • Kim, Dae-Hee;Kwon, Bo-Min;Choi, Young-Oh;Lee, Kang-Hee
    • Proceeding of Spring/Autumn Annual Conference of KHA
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    • 2006.11a
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    • pp.275-280
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    • 2006
  • The protection of the environment is one of today's key demanding international activities and interests. All of aspects including industry, economy and society should be changed into environmental friendly industries. The building is not exception in this trend. What is not generally realized is that building, in the lifecycle of construction, use and demolition, account for large construction, not considered with environment impact and conservation in the lifecycle. Expecially, the construction materials and components used in the construction stage has much embodied energy. And much $CO_2$ emit on the production of the construction material and component. The energy use and $CO_2$ emission would continuously diminish the limited natural resources and impact the environment such as ozon layer destruction. In this paper, it studied the estimation of the amount of energy use and $CO_2$ emission in the building construction stage, it would provide the estimation process and applied with the multifamily housing.

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A Study on the Production of Wood Members and the Estimation of Raw Woods at the Government Managed Building Construction in the Late Chosun Dynasty (조선후기(朝鮮後期) 관영건축공사(官營建築工事)의 목부재(木部材) 생산(生産)과 물양산정(物量算定)에 관한 연구)

  • Lee, Kweon-Yeong
    • Journal of architectural history
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    • v.10 no.1 s.25
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    • pp.25-40
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    • 2001
  • Since the 17th century, the society of Chosun Dynasty belonged to a period of rapid transition in many fields. As the building is a result produced on the basis of a society and economy, the general transition in a society is to be reflected into a process of building construction. Therefore an understanding or estimate of a building can be guaranteed by research of a process of building construction. Economic base factors in its process consist of material, cost, manpower, and operation system, etc. to be committed to the construction. On the premise, this paper is to examine the production of wood members and the calculation of the amount of raw woods in a process of woodwork in the construction of the government managed buildings in the late of Chosun dynasty. Construction reports, job slips, written estimates, and other documents in those days are examined for the study. To classify raw woods according to a standard size was aimed to a material management appropriately to apply each them to building size or its member size. The way to select a list of raw woods applicable to each member size, and to calculate the amount of the demanded wood was much more improved with 'Injungjeon-yeongkweon' in the year 1805 at the turning point than 'Hwaseong-seongyuk' in the year 1796. The improvement of material management brought to overcome a shortage of the amount supplied from forest preserve, and to a rationalization of building construction.

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TOTAL RISK INDEX FOR ASSESSING RISK LEVELS OF OVERSEAS CONSTRUCTION PROJECTS

  • Du Yon Kim;Seung Heon Han;Heedae Park
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.1414-1418
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    • 2009
  • International construction projects typically manifest difficult, complex, and varied types of risk exposures; because of this, there is a need for accurate evaluation of risk-integrated performances during the timeframe of project execution. Given the financial crisis currently affecting the world economy recession, risk management has become a more crucial part for the success of international project management. However, the majority of risk management approaches, particularly for overseas projects, are focused primarily on simple forms of checklists, formalization of risk variables affecting project performance for a specific phase, or more complicated computational methods that restricting practical utilization in real-world projects; moreover, these methods lack the conceptual basis to broadly visualize the level of risk over all phases of a project. This study suggests an efficient, yet simple risk-integrated total index to successfully assess the risk levels of overseas construction projects. To this end, this paper first investigates the life cycles and key processes of decision-making for a given project and then derives formulas to represent the total risk index (TRI) along the key decision-making processes. In addition, the study examines the relationships between TRI and performance levels based on the analysis of 126 real-world project samples. Validations using the proposed TRI showed a high correlation to project performance, signifying the usefulness of the proposed approach for construction firms when investigating the level of risks and key areas for management focus.

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Measurement of Urban Competitiveness Based on Innovation Indicators in Six Metropolitan Cities in Korea

  • Kwon, Seongsil;Kim, Joochul;Oh, Deog-Seong
    • World Technopolis Review
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    • v.1 no.3
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    • pp.177-185
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    • 2012
  • In recent years, some experts have shown that urban competitiveness is more important than national competitiveness. They have also argued that innovation will make cities more competitive. The purpose of this paper is to create Korean urban competitiveness index, and to also highlight strategic aspects for enhancement of urban competitiveness of metropolitan cities based on innovation in Korea. First, we will present various factors and indicators of urban competitiveness based on three components for innovation: formation of cluster, human capital, creative economy. Available literature and statistical analyses will be used. Second, scores of urban competitiveness will be developed based on Analytic Hierarchy Process (AHP). Evaluation of scores with weights will be used for this purpose. The resulting weights are 0.3672 for the formation of cluster, 0.3318 for human capital, and 0.3010 for creative economy, respectively. Finally, we present urban competitiveness using the standardized T-score. The most competitive city based on innovation is Daejeon(1st), followed by Gwangju(2nd) and Daegu(3rd). Three least competitive cities are Incheon (6th), Busan(5th) and Ulsan(4th).

A Study on Characteristics of Determining Factor of Rental Price of Apartment by Sub-regions in Seoul (서울시 아파트 전세가격 결정요인의 권역별 특성에 관한 연구)

  • Lee, Seok-Ju;Lee, Joo-Hyung
    • KIEAE Journal
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    • v.11 no.4
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    • pp.19-27
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    • 2011
  • This study aims to find the determining factors for apartment rental prices by using Stepwise Multiple Regression Analysis. In the process, differences among the groups and multicollinearity and correlation between the variables are examined using analysis of variance(ANOVA), correlation analysis and factor analysis. The comprehensive analysis of reliability of the variable and comprehensivization ensure objectivity. For this analysis, the characteristics of the determining factors for apartment rental prices by sub-regions in Seoul are as follows : First, the housing supply rate appears center of the central and the southwest region is influenced by the cultural and ecological environment, convenience, the size of the complex and reputation of the developer. Second, the northeast region is generally influenced by the regional economy, housing size, the density of the complex, well-known construction companies and relevant variables of individual housing and the density of the complex, physical and social environment, reputation of the developer, local economy and housing size. Lastly, the southeast region appears to be influenced by the local economy, the density of the complex, housing size and the educational environment.