• Journal of Cadastre & Land InformatiX
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• v.45 no.1
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• pp.207-224
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• 2015

The purpose of this study is to review the various valuation techniques of intangible assets. The value of intangible asset by the income approach can be measured as the present value of the economic benefit over the intangible asset's remaining useful life. The typical methods used in intangible asset economic income projections include extrapolation method, life cycle analyses, sensitivity analyses, simulation analyses, judgment method, and tabula rasa method. There are several methods available for estimating capitalization rates and discount rates for intangible asset, in which we have discussed market extraction method, capital asset pricing model, built-up method, discounted cash flow model, and weighted average cost of capital method. As the capitalization methods for intangible asset, relief-from-royalty method, excess earnings capitalization method, profit split method, residual from business enterprise method, postulated loss of income method and so on have been reviewed.

• Journal of the Korean Institute of Landscape Architecture
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• v.13 no.1
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• pp.109-121
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• 1985

A study on the image identification of urban streetscape is valuable for illuminating identity that is not yet fully approached in the field of environmental design. This analysis of urban streetscape for image identification allows us to make a more detailed exploration of an important approaching methods in dealing with the structural characteristics of identity. As a matter of fact, the earlier indirect studies on this image identification were made by environmental designers, such as architectural and urban designer in the field of environmental perception and came to its environmental cognition & environmental pattern research with assistances by such researchers as K. Lynch A. Rapoport & Christopher Alexander. Through its environmental perception research, we can see its structural characteristics that is aesthetic & visual structural contents of physical environmental elements. And we can see its cognitive characteristics through the environmental cognitive research, that is continuity, territoriality, identity of place, uniqueness or individuality, meaning & symbolism. Through its environmental pattern research, we can see its physical, socio - economic, cultural and symbolic pattern identification contents, that is physical form of the city, style of the street, pattern of streetscape, socio- economic & geographical locality, arid life cycle, life style, common style of the behavior, cultural pattern of the activity, socio - cultural expression of the symbol. In these process, we can set up a set of the environmental design criterias from those three integral studies for identity. And for an environmental research, Tongsung-Ro around the CBD (central business district) in Taegu City was selected for a case study, because this streetscape is suitable for that approaching methods in this study.

• Journal of Korean Society of Forest Science
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• v.98 no.4
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• pp.426-434
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• 2009

This study was carried out to derive the most optimal production process for the wood fuels(chip and pellet), by collecting cost data on each procedure through the life cycle assessment approach, and to compare between the profitability and efficiency, from the view points of producers and consumers, irrespectively. The costs accounted in this analysis were based on the opportunity cost. The results show that wood chips are cheaper than wood pellets in production costs. In respect to the process with the lowest production cost, while wood chips should be to crush collected residues into pieces on the spot for merchandizing, wood pellets need to be transported to manufactory for pelletizing. The study findings also include that the profits, which is estimated by subtracting expenses from gained sale revenue, were a bit higher for wood chips than wood pellets. Additionally, the price ratio of wood pellets to wood chips for getting the same caloric value appears to be 1.27. Despite of economic benefits of processing wood chips, there are several problems in practice. For producers, there is a possible increase in not only transportation cost for conveying crushers to the dispersed places, but storage cost due to the lack of the marketplaces in the immediate surroundings. For consumers, on the other hand, there are some challenging issues, such as bulky storage facility requirement, additional labor for fuel supplement, frequent ashes disposal, and decomposition in summer and freezing in winter caused by wood chips' own moisture.

• Korean Journal of Construction Engineering and Management
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• v.17 no.6
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• pp.40-52
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• 2016

In the 1960s and 1970s when Korea experienced rapid economic growth, a considerable number of buildings were constructed in the country. And since 2000, a large number of sizable and complex buildings have been being built. Specifically, as the operation and maintenance cost alone accounts for 85% of the life cycle cost of a building, efficient Facility Management (FM) is required. However, data needed in the operation and maintenance phase are not sufficiently exchangeable with data created in other phases like the planning, design and construction phases. The upper phase has higher value of data but data exchange rate is low, resulting in inefficiency. To this end, this research derived major business functions for facility management: three categories and 19 detailed functions in classification from owner's perspective. Based on the derived items, this research proposes a methodology to evaluate the 'FM Workload', 'Facility Management (FM) Data', and 'FM Data Created in Engineering and Construction Phases' thereby analyzing plans for efficient operation and maintenance. The applicability of proposed methodology was tested by examining real-world cases of public and private companies.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2008.11a
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• pp.233-238
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• 2008

Korea has a high volume of exhaust in environmental pollutants compared to her economic size, which results from the increase of the ratio in high energy consuming industries. There arises an issue that efficient energy saving is not achieved in the related projects of the construction, which is one of the high energy consuming industries. In addition, such projects of dismantling old and decrepit buildings are frequent in recent years. Given the situation, to obtain much better effects of energy saving, it is necessary to build basic databases and develop utilization plans on energy consumption volume, exhaust volume of pollutants, and environmental expenses that come from the dismantlement stages out of the life cycle of construction projects. Therefore, this study calculates the exhaust volume of environmental pollutants, converts it into environmental expenses by pollutants, and evaluates the environmental economics on the projects of dismantling buildings, utilizing LCI DB that is suggested by Ministry of Knowledge Economy and Ministry of Environment. For this purpose, related data research, the existing literature study, and on-the-spot field investigation were conducted. Based on the results of analysis on the collected data, the environmental economics of the target building was evaluated.

• Korean Journal of Construction Engineering and Management
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• v.7 no.6
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• pp.175-184
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• 2006

This study focused on developing Life Cycle Cost(LCC) analysis model for selecting sludge collectors in wastewater treatment system and applying the model to a case study. Cost items are examined through literature review and historical data of a facility. Analysis period, discount rate, energy cost escalation ratio are assumed to reasonable level. Monetary evaluation is performed using historical data and estimations from vendors. Sensitive analysis is executed using Monte Carlo Simulation for assumed factors. Interviews with operators, vendors, constructors, managers are conducted to define factors which indicates ease of maintenance, ease of delivery, technical performance, efficiency, environmental friendship. Factors are representing technical and social factors. Results from LCC analysis and qualitative analysis are evaluate together with Weighted Matrix Evaluation Methods for optimum alternative of sludge collectors.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.19 no.8
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• pp.268-275
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• 2018

The purpose of this study is to investigate what items are needed for reemployment according to the life cycle of women and to provide basic data to address the career discontinuity of women. The study selected five women currently unemployed living in Daejeon who were taking classes related to entrepreneurship at the Cultural Center and the Women Resource Development Center. The data collection period was from October to December, 2017, and collected from in depth interviews. An open-ended interview was used to explore the content of the interview process. The results of the study are as follows: Support policies for women with career disruptions should, above all, be given priority over career support to ensure that currently employed women do not quit their jobs due to marriage, childbirth or childcare. In addition, there is a need to improve the relevant systems and to implement vocational education and training programs so that women with career discontinuity can reenter the labor market. To do this, it is necessary to establish and support career planning in order to understand the effects of women's lifecycles and to support women's economic activity.

• Clean Technology
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• v.28 no.1
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• pp.9-17
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• 2022

Electrochemical carbon dioxide (CO₂) reduction technology, one of the promising solutions for climate change, can convert CO₂, a representative greenhouse gas (GHG), into valuable base chemicals using electric energy. In particular, carbon monoxide (CO), among various candidate products, is attracting much attention from both academia and industry because of its high Faraday efficiency, promising economic feasibility, and relatively large market size. Although numerous previous studies have recently analyzed the GHG reduction potential of this technology, the assumptions made and inventory data used are neither consistent nor transparent. In this study, a comparative life cycle assessment was carried out to analyze the potential for reducing GHG emissions in the electrochemical CO production process in a more transparent way. By defining three different system boundaries, the global warming impact was compared with that of a fossil fuel-based CO production process. The results confirmed that the emission factor of electric energy supplied to CO₂-electrolyzers should be much lower than that of the current national power generation sector in order to mitigate GHG emissions by replacing conventional CO production with electrochemical CO production. Also, it is important to disclose transparently inventory data of the conventional CO production process for a more reliable analysis of GHG reduction potential.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.39 no.2
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• pp.11-18
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• 2016

Product liability (PL), which began enforcement in 2002, refers to the legal responsibility of the manufacturers or sellers (wholesales or retailers) for the property damage or bodily harm caused by their product. With a strong enforcement of the Product Liability (PL) Act, companies are required to structure and operate a response system to defend or prevent product accidents efficiently, but small and medium enterprises (SMEs) are unable to respond more aggressively due to limitation of management resources. In this manner, it is important to develop response strategies for SMEs to efficiently cope with the PL Act. In this paper, the PEST (Political, Economic, Social, and Technological) analysis is performed to reveal the impact of the PL Act on SMEs in macro-economic point of view. To formulate SME's PL response strategy, SWOT analysis is performed to categorize each factors from PEST analysis and AHP is applied to identify the intensities of SWOT factors. The prioritized SWOT factor, results of PEST-SWOT-AHP analysis, are used to formulate SME's PL response strategies. The study results are briefly summarized as follows. To reduce product defects, it is necessary for SMEs to formulate PL response strategies for each phase of the product life cycle by continuously collecting and analyzing PL cases in the same industry or for similar products. In addition, SMEs should invest more technological effort to ensure product safety. Further, SMEs should spread PL awareness to all staff members by training internal PL experts. Moreover, a SME should enroll in PL insurance and spread this information to its customers so that they become aware that the company is proactively conforming to the PL law.

• Korea journal of population studies
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• v.14 no.1
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• pp.26-34
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• 1991

Migration studies that assume that decision making is done on an individual basis is overlooking the importance of the family factor. Considering that must people belong to families, it is more appropriate to view migration decision from the perspective of the family. This study analyzes the household migration decision whereby the alternatives are to stay, 10 undertake family migration or to undertake single migration of a member. In developing a conceptual model of household migration decision, it is assumed that the household's objective is to maximize household income which is a function of individual members' earnings. The benefits and costs of household migration and individual migration are identified and the household chooses the migration strategy that maximizes expected household income. When household members have conflicting earning prospects in the potential destination, the household considers single migration of the member with the best earning potentials. However, lone migration by a household member involves cost of family separation which is both monetary and psychic, and this study shows that lone migration is undertaken only when its net gains to the family are greater than the separation cost of the family. The major benefit of choosing single migration is the retention of home base in the place of origin which can serve as an insurance against the uncertainty of obtaining a job in the destination, the benefit that is unavailable in family migration. The conceptual analysis shows how a household's migration decision would depend on its members' economic roles and prospects in the destination. Besides the economic variables, social and life cycle variables of the family translate into separation costs and benefits of migration. This study indicates that one - earner family in low economic status but with good earning prospects and high separation costs is more likely to choose family migration over single migration.