• Journal of Distribution Research
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• v.16 no.3
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• pp.33-75
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• 2011

The ownership structure of a franchise system is determined by the franchisor's strategic choice. A close look at the extant theories and perspectives in economics and management such as resource scarcity theory, agency theory, transaction cost analysis, and mixed ownership theory reveals that firms choose their ownership structure for the sake of economic efficiency, profit potentials, the chance of survival, and other strategic concerns. The present study, on the basis of strategic choice perspective, reviews the divergent theories of a franchise system's ownership structure and its determinants, thus providing a theoretical framework for comparing the contradictory arguments along the several critical dimensions. We also developed and tested the conflicting hypotheses regarding key determinants of ownership structure including firm's age, size, transaction-specific investments, uncertainty, and risk-sharing propensity. Using a FDD (Franchise Disclosure Document) data set of 543 Korean franchisors, we found that the years in business, the total number of employees, days of training, the inverse of the years of franchising, and the requirement of royalty payment have positive relationships with the proportion of company-owned outlets to total number of outlets. On the other hand, the proportion of company-owned outlets was found to have negative relationships with the total number of outlets and the extent of geographic dispersion of outlets, but to have no significant relationships with the initial investment required and the inverse of contract length. Based on the findings, we provide several theoretical and managerial implications for studying ownership structure of franchise systems.

• The Journal of the Korea Contents Association
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• v.15 no.1
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• pp.123-131
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• 2015

The purpose of this study was to find out the reason why the integration policy of local government in 2010~2014 has failed in the light of multi-dimensional model including normative, structural, constituentive, and technical dimension. Central government pushed integration policy of local government focused on increasing economic efficiency based on the theory of economy of scale on 16 regions and 36 local governments. Only one region(Cheong-Ju and Cheong-Won), however, completed integration procedure in 2014. Although most regions don't have common value on integration, and cultural, political ties in normative and structural dimension, central government pushed the integration policy. Futhermore central government failed to coordinate various interests of the participants and design incentive system including demands of local residents in constituentive and technical dimension. Based on this study central government should consider these policy implications when it propel the integration policy of local government in the future.

• Proceedings of the Korea Concrete Institute Conference
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• 2008.11a
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• pp.309-312
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• 2008

Reinforced concrete (RC) structures have been most widely used because of the economic efficiency. However, it is very weak to tensile stresses and difficult to control deflection due to the heavy self-weight of concrete. Although it is generally known that prestressed concrete structures can be the most effective to overcome the demerit of RC structures, its application is very seldom in domestic construction for the difficult onsite circumstances. The post-tension method, which is well fit for buildings that are mostly indeterminate structures and beneficial for monolithic construction, has been introduced to just a few building construction. The application of full PT method into entire spans makes construction engineers feel very difficult due to the lack of current condition in construction fields. Therefore, this study proposed the partially applied PT method as an alternative, which can improve the deflection control of RC structures and reduce the construction difficulty by applying the PT method in a part of span length as needed, and analyzed its characteristics of structural behavior. In this study, the top anchorage was applied to improve the applicability of partial PT method, and the analysis results of slab behavior were compared to the measured values obtained from the post-tensioned slab constructed by the partial PT method.

• KDI Journal of Economic Policy
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• v.12 no.4
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• pp.113-126
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• 1990

With the introduction of the national pension, efficient integration of Korea's four public pension schemes has been discussed. The main point of such discussions is whether to have a progressive scheme or an income-proportional one. Under the assumption of a perfect labor market, it has been proved in the income tax literature that the regressive tax scheme with the 0 % tax rate to the most able person (person earning highest income) is pareto efficient, if there is an incentive problem in the labor supply. In this paper, a life-cycle model with a linear benefit schedule, when there is uncertainty about future earning ability, is studied. It is proved that the second best pension scheme is that having a progressive benefit schedule. This result implies that integration into a progressive pension scheme, like the current national pension, is required not only for efficiency but also for equity.

• Journal of the Korea Concrete Institute
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• v.27 no.1
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• pp.65-73
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• 2015

This study discussed the pozzolanic properties of calcined sewage sludge (CSS) according to calcination and fineness conditions. The chemical and mineralogical analysis of CSS according to calcination temperature and time were carried out and compared with that of the existing pozzolanic materials such as fly-ash, blast furnance slag and meta-kaolin. Various mortars were made by mixing those CSS and $Ca(OH)_2$ (1:1 wt. %), and their compressive strength and hydrates according to experimental factors such as fineness of CSS and curing age were also investigated in detail. The results show clearly the potentiality of calcined sewage sludge (CSS) as an admixture materials in concrete, but the CSS should be controlled by calcination temperature and time, and fineness etc. In this experimental condition, the calcination temperature of $800^{\circ}C$, calcination time of 2 hours and fineness of $5,000cm^2/g$ were optimum conditions in consideration of the mechanical properties and economic efficiency of CSS. The compressive strength of CSS mortars was higher than that of fly-ash mortars and blast furnace slag mortars, especially at the early ages. Then, the utilization of CSS in construction fields was greatly expected.

• Journal of the Korea Concrete Institute
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• v.25 no.3
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• pp.271-281
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• 2013

The current seismic design code prescribes that a structural wall should be designed as a special shear wall when the building height is more than 60 m and its seismic design category is classified as D. However, the use of a special shear wall has a negative effect on constructability and economic efficiency. In the present study, the seismic performance of a special shear wall and a special shear wall with relaxed reinforcement detail was evaluated through a cyclic reversal loading test. The specimens were constructed to measure the results of the experimental variable regarding the reinforcement details of the special boundary element. Next, the seismic performances of a special shear wall structural system and that of a special shear wall structural system with relaxed reinforcement detail was evaluated by methods proposed in the FEMA P695. The cyclic reversal loading test results of this study showed that the performance of the shear wall with relaxed reinforcement detail was almost similar to the performance of a special shear wall and has the performance which requested from standard. The results of the seismic evaluation showed that all special shear walls with relaxed reinforcement detail are satisfied with the design code and seismic performance.

• Journal of the Korea Concrete Institute
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• v.25 no.3
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• pp.295-304
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• 2013

Ultra-High Performance Concrete (UHPC) has recently been one of the most active research fields in Korea as well as in foreign countries, because it can contribute to a longer life and economic efficiency of structures. Although precast-type UHPC fabricated in a factory is preferable in terms of quality control and reduction of construction period, there exist, even in the precast structure, some parts that need to be cast in-place such as the joints between precast segments. In the cast-in-place UHPC, however, it is probable that an optimum curing condition can hardly be realized in contrast to the factory production. In this study, therefore, the trend of compressive strength development of UHPC was experimentally investigated by assuming various inferior curing conditions that may be anticipated at a construction site. Concrete specimens were fabricated and cured under different conditions with the variables such as curing temperature, delay time before the initiation of curing, duration of curing time and moisture condition. The strengths were compared with those of the specimens cured by standard high temperature steam. Through the analysis of the test results, some minimum requirements for curing have been proposed that are required when the UHPC is cast in-place. It is expected, through this study, that practical use of UHPC in construction sites can be increased.

• Spatial Information Research
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• v.23 no.4
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• pp.23-32
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• 2015

The basic purpose of standardization is to enhance economic feasibility and increase efficiency in the field of production, consumption, and distribution, etc. Therefore, standardization field requires circulatory system that can not only produce standards but develop and revise published standards. With such a background, to activate standards and promote systematic standardization activities, the government proposed establishing circulatory system for geospatial information standards in the National Geospatial Information Standardization Project in 2011. However, the result of analysis show that the current National Spatial Data Infrastructure(NSDI) standardization system caused a various problems including duplicate publication of standards because domestic NSDI standardization field have repeated production activities of standards without conformity assesment and certification activities. With a view to establishing circulatory standardization system, this study suggests ways of improving current domestic standardization system by reestablishing the cycle structure and circulatory system for geospatial information standards. Through this study, we could determine strategic direction for virtuous circle of geospatial information standards in macro level and it can be effectively utilized in term of planning mid-and-long-term roadmap for establishing NSDI standardization system.

• Korean Journal of Rural Living Science
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• v.4 no.2
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• pp.155-162
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• 1993

BIDANI is the action-research program. BIDANI aims to be truly a people's program embodying their own activities and aspiration. BIDANI sees an integrated development approach at the community level with participatory services embodied in a Barangay Integrated Development Plan(BIDP) designed by the people themselves. Community situational analysis is conducted by the people to identify the priority problems and potential resources in the barangay. Participatory planning, using the “bottom up” apporach, is exercised to formulate a BIDP. Proper motivation and advocacy encourage barangay people's participation. Accessibility and efficiency in the use of various services and resources of government and private agencies increase. Family groups who are at high-risk to malnutrition become aware of the importance of nutrition through their participation in development program activities. Integration of political and socio-economic concerns at the lowest level is operationalized. Implementation and sustainability of the program on a wider scale from a model project to a model program is facilitated through institutionalization at the municipal/city level with the mayor as the project director. “Top to bottom” planning through a City/Municipal Integrated Development Program(C/MIDP) interacts with “bottom up” planning at the barangay level. The establishment of a local Training School for Barangay Development(TSBD) in each municipality and city for continuing education of indigenous village workers and barangay people is a vital component for success and viability. The role of non-political entities such as academic institutions and non-government organizations, as catalytic agents of development, is stressed.

• The Journal of Society for e-Business Studies
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• v.15 no.3
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• pp.163-181
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• 2010

As a part of efforts to reduce the global emissions of greenhouse gases, the Kyoto Protocol was signed by major developed countries ("Annex I" countries). According to the Kyoto protocol, the Emission Trading Scheme that derives a trading market of the $CO_2$ emission rights is appeared. It causes that business institutions give lots of efforts to reduce $CO_2$ by using new environmentally sound technologies or increasing efficiency in production. On the while there have been several studies trying to develop a methodology to measure the effect of $CO_2$ reduction and its monetary value. In this research we suggest ECRE (Evaluation of $CO_2$ Reduction in E-transformation) model which can measure the $CO_2$ reduction effect through the introduction of G2B system. ECRC model was developed based on the IPCC methodology. ECRC model measures the two major effects of the $CO_2$ reduction which are '$CO_2$ reduction effect from transportation' and '$CO_2$ reduction effect from the decrease of paper use'. In this paper, we calculate the economic effect of $CO_2$ reduction with the case of the G2B system in Korea. This research suggests a basic methodology to measure the $CO_2$ reduction performance for the e-transformed institution.