• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.16 no.6
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• pp.1-16
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• 2021

The purpose of this study is to examine how the Korean government has intervened in the venture capital market so far and empirically investigate whether the government's policies on venture capital have stimulated venture capital's early-stage investment. To this end, this study classified the government's market intervention in the venture capital market by stage by studying the related literature and applying and analyzing the case in Korea. And, this study empirically analyzed the effectiveness of the Korean government's policy to revitalize the early-stage investment of venture capital, which is the most important purpose of government intervention. For empirical analysis, yearly data from 2004 to 2018 provided by the Korea Venture Capital Association and Korea Fund of Funds were analyzed using time series statistical analysis and macrodynamics. As a result of the case study, the Korean government has intervened in the venture capital market through direct investment for 25 years, and has been intervening through indirect investment for the next 18 years. As a result of time-series statistical analysis, the government's fiscal investment to increase the formation of venture capital funds and the increase in the ratio of special-purpose funds that mandate a certain percentage of early-stage investment increased the early-stage investment of venture capital. However, macrodynamics showed a trend in the opposite direction from this time series statistical analysis from 2016. In conclusion, this study interprets the trend in the opposite direction to the time series statistical analysis results as the government's erroneous regulation on the venture capital investment method and the recent lack of effectiveness of direct intervention through the government's indirect investment method. In addition, based on the results of case studies and empirical studies, this study made six policy proposals necessary for indirect government intervention.

• 한국정책학회보
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• v.23 no.3
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• pp.161-198
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• 2014

The various types of improper usages in the process of delivering social services have been increasingly paid to attention in South Korea. This study, relying on empirical data about the various improper behaviors, explore whether the audit activity can reduce the degree of the improper behavior. In order to estimate the impact of the audit, we use the DID(Difference in difference) method, comparing the experimental group with the audit treatment and the control group without it. We control for size(the number of Service personnel and user), types of social service (elderly, disabled, etc.), organizational forms(profit, non-profit), region(metropolitan areas, small-medium cities, rural areas), and the number times of audit (1, 2, and 3 number). Our empirical results show that the audit decreased the ratio of payment violation by about 4.02 percent, the number of violations from providers' improper payment by approximately 5.07 and the number of violations from users' improper payment by approximately 9.59. Further research is required to explore why and how the audit can decrease the improper usage in social service with rigorous theoretical models.

• Plant Journal
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• v.18 no.4
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• pp.58-65
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• 2023

In this study, to increase the methane content of biogas supplied from Nanji Water Regeneration Center and to purify impurities, a three-stage membrane purification process was designed and installed to demonstrate operation. The methane concentration of biomethane produced in the 2 Nm3/h purification process was set to three cases: 95%, 96.5%, and 98%, and the membrane area ratio of the membrane was 1:1, 1:2, 1:1:1, The optimum conditions for the membrane area of the separator were derived by changing to five of 1:2:1 and 1:2:2. 3 stage separation membrane process of 30 Nm3/h was installed to reflect the optimum condition of 2 Nm3/h, and biomethane production of 98% or more of methane concentration was demonstrated. As a result of the operation of the 2 Nm³/h refining device, the methane recovery rate at the 98% methane concentration was 95.6% when the membrane area ratio was 1:1 as the result of the two-stage operation of the separator, and the recovery rate of methane at 1:2 was increased to 96.8%. The methane recovery rate of the membrane three-stage operation was highest at 96.8% when the membrane area ratio was operated at 1:2:1. The carbon dioxide removal rate was 16.4 to 96.4% and the 2:2 to 95.7% film area ratio in the two-step process. In the three-step process, the film area ratio was 1:2:1 to 95.4%, and the two-step process showed higher results than the three-step process. In the 30 Nm3/h scale biogas purification demonstration operation, the methane concentration after purification was 98%, the recovery rate of methane was 97.1%, the removal rate of carbon dioxide was 95.7%, and hydrogen sulfide, the cause of corrosion, was not detected, and the membrane area ratio was 1:2:1 demonstration operation, biomethane production with a methane concentration of 98% or higher was possible.

• Korean Journal of Construction Engineering and Management
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• v.16 no.3
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• pp.36-48
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• 2015

To complete various types of finish works with higher quality in much less time, TACT, which was mostly used for high-rise buildings, has been adapted to meet the needs for systematic schedule management in construction sites. However, the effectiveness of adapting TACT has not been shown as expected due to the different perspectives on productivity from both general contractor and subcontractors based on unforeseen conditions according to the types of site. Furthermore, not enough theoretical backgrounds, empirical data, and systematic approaches to solve the fundamental problems caused by each participants' different views on productivity has produced obstacles for establishing effective solutions. Therefore, this research aims to analyze the possible main reasons for having different point of views regarding productivity among various participants of residential building sites using TACT based on literature review, site survey, and interviews. Also, case study was conducted to propose obtainable productivity (OP) regression equation and productivity achievement ratio (PAR) with reduction factors (RFs) and actual productivity (AP) data from an actual construction site. The proposed outcome may assist general contractors converting output management with PPC to productivity management with actual data using PAR. On the other hand, subcontractors would be able to estimate theory-based maximum productivity of construction sites with TACT by using OP. The PAR will enhance the communication between general and sub-contractors for their decision making process. Finally, the main RFs derived from PAR could be used as essential keys for productivity management to increase the economical and operational effectiveness of the construction project.

• Geotechnical Engineering
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• v.13 no.6
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• pp.107-122
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• 1997

This paper presents a ground surface settlement prediction method for shield tunneling in cohesive soils. In order to develop the method, a parametric study on shield tunneling was performed by using a threetimensional elasto-plastic finite element analysis, which can simulate the construction procedure. By using the results of the finite element analysis, the ground movement mechanism was investigated and a base which relates the ground surface settlement and iuluencing factors was formed. The data base was then used to formulate semi -empirical equations for both surface settlement ratio above tunnel face and imflection point by means of a regression analysis. Furthermore, a prediction method for transverse and longitudinal surface settlement profiles was suggested by using the leveloped equations in conjunction with the normal probability curve. Effectiveness of the developed method was illustrated by comparing settlement profiles obtained by using the developed method with the results of finite element analysis and measured data. Based on the comparison, it was concluded that the developed method can be effectively rosed for practical applications at least within the conditions investigated.

• Journal of the Korea Institute of Information and Communication Engineering
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• v.17 no.10
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• pp.2252-2258
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• 2013

In this paper, parallel orthogonal matching pursuit (POMP) is proposed to supplement the simultaneous orthogonal matching pursuit (S-OMP) which has been widely used as a greedy algorithm for sparse signal recovery for multiple measurement vector (MMV) problem. The process of POMP is simple but effective: (1) multiple indexes maximally correlated with the observation vector are chosen at the first iteration, (2) the conventional S-OMP process is carried out in parallel for each selected index, (3) the index set which yields the minimum residual is selected for reconstructing the original sparse signal. Empirical simulations show that POMP for MMV outperforms than the conventional S-OMP both in terms of exact recovery ratio (ERR) and mean-squared error (MSE).

• The Korean Journal of Applied Statistics
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• v.27 no.1
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• pp.147-157
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• 2014

Women's roles have changed substantially in economically developed countries; subsequently, the ratio of female drivers has also increased. In such countries, there has been considerable interest in assessing gender differences in vehicle accident risks and reasons to explain the gender differences. This study investigates the gender differences in vehicle accident risk based on 500,000 drivers randomly selected from a population sample. A Heckman model is used for accident damage and a negative binomial model is used for the accident frequency. Empirical results show that male drivers are 8.3% riskier than female drivers in terms of accident damage; however, female drivers are 113% risker than male drivers in term of accident frequency. We can implement more practical policies to reduce vehicle accidents if we can understand the reasons for the gender differences.

• Journal of Digital Convergence
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• v.18 no.6
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• pp.143-156
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• 2020

In Southern Vietnam, the competition among Inland Clearance Depot (ICD) has resulted in deconcentration tendencies and shifting share situations. However, related research on Southern Vietnam ICDs in particular and ICDs in Vietnam in general has been extremely limited. Hence, In this study, empirical research is conducted on ICDs located in southern Vietnam from 2010 to 2017. The throughput volume data of ICDs is analyzed by concentration indicators, namely the concentration ratio (CR), the Herfindahl-Hirschman Index (HHI), the Gini coefficient, the Lorenz curve, and the shift share analysis (SSA). The results of adopting all the methodologies indicate that deconcentration was the mainstream trend for ICDs in Southern Vietnam during the period of 2010-2017. The findings provide insights into the process of container terminal development and have academic and managerial implications. The strengthening of the competitiveness of Vietnamese container ports and ICDs could affect the competing Southeast Asian neighbors by facilitating the port of more shipping companies.

• Journal of Digital Convergence
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• v.18 no.6
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• pp.65-79
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• 2020

With the rapid development of China's economy, the aviation industry, as an important part of transportation services, has undoubtedly achieved rapid development. However, there is hardly any academic work that was based on the development of the top airlines in the Chinese airline industry. Hence, this study provides empirical research that takes into account the longitudinal development of the top 20 airlines in China from 2009 to 2018. The throughput volumes (cargo and passenger) of the airlines were analyzed by concentration indicators, namely the concentration ratio (CR), the Herfindahl- Hirschman index (HHI), the Gini coefficient, and the shift-share analysis (SSA). In this paper, the top 20 airlines have been analyzed in terms of the passenger and cargo throughput from 2009 to 2018. The calculation results of CR6, HHI and the Gini coefficient show that the airlines were extremely deconcentrated. In addition, by comparing the ABSGR of passenger and cargo throughput, it is shown that China's aviation industry is dominated by four airlines- Air China, China Eastern Airlines, China Southern Airlines and Hainan Airlines. In the future study, it is necessary to explore growth strategies to find niche markets for passenger and cargo transportation.

• The Journal of the Acoustical Society of Korea
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• v.39 no.3
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• pp.207-215
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• 2020

There are several methods for the time delay estimation between signals to two receivers. Among these methods, Generalized Cross Correlation (GCC), which estimates the relative delay from the cross-correlation between the different signals at the two receivers, is a traditionally well-known method. However, when using a narrow band Continuous Wave (CW) signal, the GCC method degrades the estimation performance from relatively higher signal-to-noise ratio than when using a wideband signal. To improve this phenomenon, this paper examines four different pre-processors for GCC using narrow band single frequency signals. Simulation shows that the performance gain of the preprocessed GCC is up to 9 dB for a 100 msec CW signal as well as up to 4 dB for a 1 s CW signal.