Asia-Pacific Journal of Business Venturing and Entrepreneurship
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v.14
no.6
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pp.59-76
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2019
Most technology-based entrepreneurship(TBE) go through an process of decline or disappear without overcoming the valley of death(VoD). The purpose of this study is to identify the growth dimension of TBE and to test the influence of firms activities on firms growth over time. This study identified the two-dimensional growth dimension divided by size and profit through exploratory factor analysis(EFA) of a number of growth indicators. Then, we defined the discrete state of growth firm in four states, divided by size and profit, and five states, including the closure of business. Multi-nomial logit model is used to predict the effect of TBE activities on a discrete state of growth firm(size×profit, closure of business) based on multiple independent variables. The independent variables are based on five representative firms activities: employment, marketing, R&D, financial activities, and general management activities. The growth stage of TBE over time has been categorized into three stages: early stage, middle stage, and late stage of business, taking into account the main periods during which the survival rate of startups sharply decreases. The analytical data of this study was based on the secondary data of the start-up supporting companies of government and public institutions. The subjects of analysis were TBE within 10 years. As a result of the empirical analysis, the employment and marketing activities of TBE show that early and mid-term activities had an effect on the state of firms growth. However, if there is a difference, employment activities have both positive and negative effects, while marketing activities have only a positive effect on size and profit growth. And besides, R&D activities, financial activities, and general management activities throughout the entire process of firms growth were found to be firms activities that have both positive and negative effects on firms growth. In addition, the age of the founder, the firms' industry, and the geographic location of the firms, which are general characteristics of the company, were found to have a distinctive effect on the growth status of the firms according to the growth stage.
Customer reviews help potential customers make purchasing decisions. However, the prevalence of reviews on websites push the customer to sift through them and change the focus from a mere search to identifying which of the available reviews are valuable and useful for the purchasing decision at hand. To identify useful reviews, websites have developed different mechanisms to give customers options when evaluating existing reviews. Websites allow users to rate the usefulness of a customer review as helpful or not. Amazon.com uses a ratio-type helpfulness, while Yelp.com uses a count-type usefulness index. This usefulness index provides helpful reviews to future potential purchasers. This study investigated the effects of sentiment and readability on useful votes for customer reviews. Similar studies on the relationship between sentiment and readability have focused on the ratio-type usefulness index utilized by websites such as Amazon.com. In this study, Yelp.com's count-type usefulness index for restaurant reviews was used to investigate the relationship between sentiment/readability and usefulness votes. Yelp.com's online customer reviews for stores in the beverage and food categories were used for the analysis. In total, 170,294 reviews containing information on a store's reputation and popularity were used. The control variables were the review length, store reputation, and popularity; the independent variables were the sentiment and readability, while the dependent variable was the number of helpful votes. The review rating is the moderating variable for the review sentiment and readability. The length is the number of characters in a review. The popularity is the number of reviews for a store, and the reputation is the general average rating of all reviews for a store. The readability of a review was calculated with the Coleman-Liau index. The sentiment is a positivity score for the review as calculated by SentiWordNet. The review rating is a preference score selected from 1 to 5 (stars) by the review author. The dependent variable (i.e., usefulness votes) used in this study is a count variable. Therefore, the Poisson regression model, which is commonly used to account for the discrete and nonnegative nature of count data, was applied in the analyses. The increase in helpful votes was assumed to follow a Poisson distribution. Because the Poisson model assumes an equal mean and variance and the data were over-dispersed, a negative binomial distribution model that allows for over-dispersion of the count variable was used for the estimation. Zero-inflated negative binomial regression was used to model count variables with excessive zeros and over-dispersed count outcome variables. With this model, the excess zeros were assumed to be generated through a separate process from the count values and therefore should be modeled as independently as possible. The results showed that positive sentiment had a negative effect on gaining useful votes for positive reviews but no significant effect on negative reviews. Poor readability had a negative effect on gaining useful votes and was not moderated by the review star ratings. These findings yield considerable managerial implications. The results are helpful for online websites when analyzing their review guidelines and identifying useful reviews for their business. Based on this study, positive reviews are not necessarily helpful; therefore, restaurants should consider which type of positive review is helpful for their business. Second, this study is beneficial for businesses and website designers in creating review mechanisms to know which type of reviews to highlight on their websites and which type of reviews can be beneficial to the business. Moreover, this study highlights the review systems employed by websites to allow their customers to post rating reviews.
Personal Rapid Transit (PRT) has emerged as a promising alternative transportation mode for transit-oriented sustainable communities by creating compact and walkable environments with competitive construction and operational costs. This study seeks to capture the changes in travel mode choice behavior in response to the introduction of PRT to travelers who have no previous experience of using it. A critical issue in modeling the PRT mode choice is how to capture travelers' perception and evaluation of the unexperienced travel mode. The data used come from questionnaire surveys, in which RP (Revealed Preference) and SP (Stated Preference) data were collected in relation to travel mode choices with and without PRT systems. The questionnaire was designed especially for mitigating the potential bias in favor of or against choosing PRT. In addition, an efficient approach was proposed to reduce the number of SP questions by avoiding the complex fractional factorial design which tends to make it difficult for respondents to keep their attention throughout the survey. The analysis results show that the proposed approach is able to realistically capture the effects of explanatory variables on the travel mode choice. Discrete choice models are developed to predict travelers' mode choices under different choice scenarios by varying PRT system specifications and operational characteristics. PRT patronages are projected for two different test sites using the developed PRT mode choice models.
Park, Sun Ho;Lee, Hyun-Soo;Park, Moonseo;Kim, Sooyoung
Korean Journal of Construction Engineering and Management
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v.15
no.5
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pp.40-48
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2014
As CBR(Chemical, Biological, and Radiological) attack increases, the importance of CBR protective facilities is being emphasized. When CBR warfare emerges, a task force team, who exist outside of CBR protective facility, should enter the CBR protective facility through neutralizing process in CCA(Contamination Control Area) and TFA(Toxic Free Area). If a bottleneck occurs in the process or zones, the task force team cannot enter the CBR protective facility efficiently and may cause inefficiency in its operation performance or result in casualties. The current design criteria of the CBR protective facility is only limited to ventilation system and it does not consider how much time it takes to enter the facility. Therefore, this research aims to propose the entering time estimation model with discrete event simulation. To make the simulation model, the procedure performed through CCA and TFA is defined and segmented. The actual time of the procedure are measured and adapted for the simulation model. After running the simulation model, variables effecting the entering time are selected for alternatives with adjustments. This entering time estimation model for CBR protective facility is expected to help take time into consideration during the designing phase of CBR protective facility and help CBR protective facility managers to plan facility operation in a more realistic approach.
Park, Yeong-Su;Kim, Jong-U;Kim, Tae-Gyun;Kim, Jung-Hun
Journal of Korea Water Resources Association
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v.32
no.1
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pp.71-81
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1999
The objective of this study is to develop a model which can design an optimal pipe network system of least cost while satisfying all the design constraints including hydraulic constraints using a genetic algorithm technique. Hydraulic constraints interfaced with the simulation program(KYPIPE) checked feasible solution region. Genetic algorithm(GA) technique is a relatively new optimization technique. The GA is known as a very powerful search and optimization technique especially when solving nonlinear programming problems. The model developed in this study selects optimal pipe diameters in the form of commercial discrete sizes using the pipe diameters and the pumping powers as decision variables. The model not only determines the optimal diameters and pumping powers of pipe network system but also satisfies the discharge and pressure requirements at demanding nodes. The model has been applied to an imaginary and an existing pipe network systems. One system is adopted from journal papers which has been used as an example network by many other researchers. Comparison of the results shows compatibility of the model developed in this study. The model is also applied to a system in Goyang city in order to check the model applicability to finding of optimal pumping powers. It has been found that the developed model can be successfully applied to optimal design of pipe network systems in a relatively simple manner.
Background: The purpose of this article is to present preliminary results of simultaneous boost irradiation radiotherapy for locally advanced nasopharyngeal carcinoma (NPC). Methods: Fifty-eight patients who underwent simultaneous boost irradiation radiotherapy for NPC in Cancer Center of Sun Yat-sen University between September 2004 and December 2009 were eligible. Acute and late toxicities were scored weekly according to the Radiation Therapy Oncology Group (RTOG) acute and late radiation morbidity scoring schemes. An especial focus was on evidence of post-radiation brain injury. Also quality of life was analysed according to the EORTC (European Organisation for Research and Treatment of Cancer) recommendations. Discrete variables were compared by ${\chi}^2$ test. The Kaplan-Meier method was used to calculate the survival rates and generate survival curves. Results: A total of 58 patients with a mean follow-up time of 36 months completed clinical trials.Fifty-seven patients (98.3) achieved complete remission in the primary sites and cervical lymph nodes, with only one patient (1.7%) showing partial remission.The most frequently observed acute toxicities during the concurrent chemoradiotherapy were mucositis and leucopenia. Four patients (6.9%) had RTOG grade 3 mucositis, whereas four patients (6.9%) had grade 3 leucopenia. No patient had grade 4 acute toxicity. Three (5.17%) of the patients exhibited injury to the brain on routine MRI examination, with a median observation of 32 months (range, 25-42months). All of them were RTOG grade 0. The 3-year overall, regional-free and distant metastasis-free survival rates were 85%, 94% and 91%, respectively. Conclusion: Simultaneous boost irradiation radiotherapy is feasible in patients with locally advanced nasopharyngeal carcinoma. The results showed excellent local control and overall survival, with no significant increase the incidence of radiation brain injury or the extent of damage. A larger population of patients and a longer follow-up period are needed to evaluate ultimate tumor control and late toxicity.
Objectives: In response to increased interest in the safety of children's products, a risk management system is being prepared through exposure assessment of hazardous chemicals. To estimate exposure levels, risk assessors are using deterministic and probabilistic approaches to statistical methodology and a commercialized Monte Carlo simulation based on tools (MCTool) to efficiently support calculation of the probability density functions. This study was conducted to analyze and discuss the usage patterns and problems associated with the results of these two approaches and MCTools used in the case of probabilistic approaches by reviewing research reports related to exposure assessment for children's products. Methods: We collected six research reports on exposure and risk assessment of children's products and summarized the deterministic results and corresponding underlying distributions for exposure dose and concentration results estimated through deterministic and probabilistic approaches. We focused on mechanisms and differences in the MCTools used for decision making with probabilistic distributions to validate the simulation adequacy in detail. Results: The estimation results of exposure dose and concentration from the deterministic approaches were 0.19-3.98 times higher than the results from the probabilistic approach. For the probabilistic approach, the use of lognormal, Student's T, and Weibull distributions had the highest frequency as underlying distributions of the input parameters. However, we could not examine the reasons for the selection of each distribution because of the absence of test-statistics. In addition, there were some cases estimating the discrete probability distribution model as the underlying distribution for continuous variables, such as weight. To find the cause of abnormal simulations, we applied two MCTools used for all reports and described the improper usage routes of MCTools. Conclusions: For transparent and realistic exposure assessment, it is necessary to 1) establish standardized guidelines for the proper use of the two statistical approaches, including notes by MCTool and 2) consider the development of a new software tool with proper configurations and features specialized for risk assessment. Such guidelines and software will make exposure assessment more user-friendly, consistent, and rapid in the future.
Journal of Korean Society for Geospatial Information Science
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v.4
no.2
s.8
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pp.55-61
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1996
The objective of this paper is to show an optimal design model for branched water supply system which also can find the optimal location of pumping stations using linear programming. GIS is utilized in this model to better handle the data and the results front the optimization. The developed model considers hydraulic influences of some appurtenances such as supply tunnels and a filtration plant The model also considers tunnel construction cost which should be treated differently from pipe construction cost Different from other models presently available, the model guarantees a nonnegative pressure at every junction node in the system. The objective function includes annual operation cost (electricity rate) ill addition to initial construction cost, thus producing a more reasonable decision. The model selects the optimal diameter not in the form of continuous number but in the form of commercial discrete diameter (pipe size) using the pipe lengths as decision variables instead of pipe diameters. The model not only determines the optimal pumping head for each pumping station but also finds the optimal location and number of pumping stations. GIS is used to handle hydraulic and budgetary data automatically and to visualize the results for the of optimal design of the system. The model has been applied to an existing water supply system. 'The results show that the optimization model with the aid of GIS is helpful in the decision-nulling process for the design of more economical systems, and can be dot into practice successfully.
As a part of the short-period variability survey (SPVS) at Bohyunsan Optical Astronomy Observatory, we obtained time-series BV CCD images in the region of Cyg OB3 association centered on the open cluster NGC 6871. The observations were performed for 18 nights from September 5, 2008 to September 1, 2009. We found 15 short-period variable stars in the region. They are ${\delta}$ Scuti type stars belonging to the local spiral arm, Orion spur. Among them, only two stars were previously known, and the rest are newly discovered ones. In this paper, we have performed a multiple-frequency analysis to determine frequencies of the 15 ${\delta}$ Scuti type stars, using the discrete Fourier transform and linear least-square fitting methods. One of the newly discovered variable stars is a double-mode ${\delta}$ Scuti type star with the fundamental and the first overtone modes, and two are high amplitude ${\delta}$ Scuti stars.
This study used laten class growth analysis to identify discrete developmental patterns of delinquent behaviors in adolescence. This present article also examined associations among these trajectories to determine how the development of delinquent behaviors relates to protective and risk factors, which include parental monitoring, attachment with parent, association with deviant peers, self-control, and negative stigma from others. Four-wave panel data from a Korea Youth Panel Study were used for the latent class growth model analysis. The sample consisted of 3,446 adolescents who were assessed at 4 measurement waves with approximately 1-year interval. Four trajectories of delinquent behaviors emerged: delinquency persistence, delinquency increaser, delinquency decreaser, normative group(almost no delinquent behaviors). Association with deviant peers had the most proximal strong influence on the probability of being in the delinquency increaser and delinquency persistence group compared, noed to the normative group. Parental monitoring, self-efficacy and negative stigma also differentiated the four delinquent behavior trajectories from one another after controllig for socio-demographic variables. The study suggested that there is a significant heterogeneity in the timing and change rate of delinquency progression. Adolescent delinquency prevention and intervention programs will need to consider this heterogeneity and enhance attention to protective and risk factors depending on the subpopulation.
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