• Asia-Pacific Journal of Business Venturing and Entrepreneurship
• /
• v.10 no.4
• /
• pp.27-37
• /
• 2015

Start up a company is critical to the regional economy and job creation and so get support from government and other organizations, but there are still exist of high rate of failure and CEO's stressful fear of failure. New firms are of utmost importance for the vitality of national economic driving forces but for those failed firms, they caused social and economic problems directly and indirectly, and brought frustration to the founders. The many education and research programs about entrepreneurship and venture creation were undertaken by the country and organizations, but the education and research about the vigilance of failed to start up company were almost ignored. If the attention can be put into the research about failed companies and the research can make the founders and pre-CEOs aware the failure of establishing a company, that would be very valuable as scenarios to see the company risks. This case study shows the finding the reasons which caused the failure of small venture companies and it's implications in the filed of establishing companies. The technology based venture company which had run 10 years in Daedeok's IT field was selected as the research object. The results show that the important factors such as entrepreneur characteristics(lack of communication and management knowledge), business management(lack of business expertise) and technology(loss of unique feature of product and lack of product extension) were the root cause of failures.

• Journal of the Korean Institute of Gas
• /
• v.20 no.5
• /
• pp.104-111
• /
• 2016

Recently, the quantities of chemical material are increasing in chemical industries. At that time, release accident is increasing due to aging of equipment, mechanical failure, human error, etc. and industrial complexes found community properties in a specific area. For that matter, chemical release accident can lead to hight probability of large disaster. There is a need to analyze the boundaries optimal sensor placement calculated by selecting release scenarios through release condition and wether condition in a chemical process for release detection and response. This paper is to investigate chlorine release accident scenarios using COMSOL. Through accident scenarios, a numerical calculation is studied to determine optimized sensor placement with weight of detection probability, detection time and concentration. In addition, validity of sensor placement is improved by robustness analysis about unpredicted accident scenarios. Therefore, this verifies our studies can be effectively applicable on any process. As mention above, the result of this study can help to place mobile sensor, to track gas release based concentration data.

• Transactions of the Korean Society of Automotive Engineers
• /
• v.23 no.5
• /
• pp.553-563
• /
• 2015

Reportedly the fatality rate from secondary collision is six times higher than the average fatality rate from all traffic accidents. So prevention of the secondary collision is attracting significant attention from automotive industries. However, the secondary collision prevention systems that have been developed are not considering possibility of brake actuator failure that can occur by the impact during the initial collision. In this paper, a new system has been developed that could prevent secondary collision even in case of brake actuator failure by taking advantage of still operating actuators. In this system, a steering control is performed for maintaining a lane by using linear quadratic regulator. Additionally, the system attempts differential brake control with the remaining braking capability to stop the vehicle in the shortest distance. Through simulation in various collision scenarios, the system has demonstrated significant potential of preventing secondary collision that could otherwise have resulted in severe fatality.

• Journal of Korean Society of Transportation
• /
• v.17 no.3
• /
• pp.117-130
• /
• 1999

Earthquakes damage roadway bridges and structures, resulting in significant impacts on transportation system Performance and regional economy. Seismic risk analysis (SRA) procedures establish retrofit priorities for vulnerable highway bridges. SRA procedures use average daily traffic volumes to determine the relative importance of a bridge. This research develops a cost-effective transportation network analysis (TAN) procedure for evaluating numerous traffic flow analyses in terms of the additional system cost due to failure. An important feature of the TNA Procedure is the use of an associative memory (AM) approach in the artificial intelligence held. A simple seven-zone network is developed and used to evaluate the TNA procedure. A subset of link failure system states is randomly selected to simulate synthetic post-earthquake network flows. The performance of different AM model is evaluated. Results from numerous link-failure scenarios demonstrate the applicability of the AM models to traffic flow estimation.

• Journal of Advanced Research in Ocean Engineering
• /
• v.3 no.3
• /
• pp.125-135
• /
• 2017

The paper considers the practical application of the FMEA(Failure Mode and Effect Analysis) method to assess the operational reliability of the LNG(Liquefied Natural Gas) transfer system, which is a potential problem for the connection between the LNG FPSO and LNG carrier. Hazard Identification (HAZID) and Hazard operability (HAZOP) are applied to identify the risks and hazards during the operation of LNG transfer system. The approach is performed for the FMEA to assess the reliability based on the detection of defects typical to LNG transfer system. FTA and FMEA associated with a probabilistic risk database to the operation scenarios are applied to assess the risk. After providing an outline of the safety assessment procedure for the operational problems of system, safety assessment example is presented, providing details on the fault tree of operational accident, safety assessment, and risk measures.

• Structural Engineering and Mechanics
• /
• v.60 no.1
• /
• pp.71-90
• /
• 2016

In this paper, the normalized variable V=(log N-B)(log ${\Delta}{\sigma}-C$-C), as derived from the probabilistic S-N field of Castillo and Canteli, is taken as a reference for calculation of damage accumulation and probability of failure using the Miner number in scenarios of variable amplitude loading. Alternative damage measures, such as the classical Miner and logarithmic Miner, are also considered for comparison between theoretical lifetime prediction and experimental data. The suitability of this approach is confirmed for it provides safe lifetime prediction when applied to fatigue data obtained for riveted joints made of a puddle iron original from the Fao bridge, as well as for data from experimental programs published elsewhere carried out for different materials (aluminium and concrete specimens) under distinct variable loading histories.

• Journal of Navigation and Port Research
• /
• v.37 no.5
• /
• pp.499-509
• /
• 2013

Seafarers are one of the main engines driving economic growth in the maritime sector. The International Maritime (IMO) Organization estimated that there were approximately 1.5 million seafarers around the world engaged in international trade in 2012. Data have shown that human casualties in maritime accidents around Japan have shown an increasing trend over the last ten years. One cause is human error, which is inseparable from the human element that influences mariner's decisions and actions. The Personal Identification (PIN) Safe method is one way to systematically identify substandard and unsafe actions by considering the error taxonomies associated with various scenarios for a maritime system. The results are based on analysis of the role of the human element in commonly reported unsafe actions when interacting with equipment and other systems. Furthermore, patterns of influencing shaping factors were observed on the basis of data processing; the aim of this study was to promote safety culture and provide an opportunity to improve safety at sea.

• Journal of Technology Innovation
• /
• v.14 no.3
• /
• pp.237-261
• /
• 2006

Under circumstances with increasing uncertainty, strategic flexibility has become an essential point on which my R&D management system should be based. Unfortunately the present R&D management system for government sponsored R&D programs cannot be said to be so flexible to adapt appropriately to various threatens such as technological failure, a severe change in competition environment, and so on. In this paper a new scheme for R&D planning and economic assessment with strategic flexibility is suggested and applied to a real R&D program. In the newly suggested R&D management system, economic valuation based on real option theory is performed for various alternative scenarios which have different strategic scheme for R&D process each and the result of the assessment is fed back to R&D planning to choose more superior strategic scheme. Introducing strategic flexibility into R&D planning and economic assessment, the value of R&D project could be remarkably enhanced.

• Smart Structures and Systems
• /
• v.5 no.4
• /
• pp.397-413
• /
• 2009

Composite bridges offer many advantages compared to current steel and aluminum bridges. This paper presents the results of a comprehensive on-going research program to develop innovative Diagnostic Prognostic System (DPS) and a structural evaluation of Composite Army Bridge (CAB) system. The DPS is founded on three technologies: optical fiber sensing, remote data transmission, and virtual testing. In developing this system, both laboratory and virtual test were used in different damage scenarios. Health monitoring with DPS entailed comparing live strain data to archived strained data in various bridge locations. For field repairs, a family of composite chords was subjected to simple ramp loads in search of ultimate strength. As such, composite bridge specimens showcased their strengths, heralded the viability of virtual testing, highlighted the efficacy of field repair, and confirmed the merits of health monitoring.

• International Journal of Railway
• /
• v.5 no.2
• /
• pp.84-88
• /
• 2012

Derailment due to wheel failure would cause a tremendous social and economical cost in service operation. It is necessary to evaluate quantitatively the safety with respect to high-speed train. Although the safety of railway wheel has been ensured by an regular inspection, all critical defects cannot be detected in inspection cycles and the wheel has been replaced because a defect quickly become critical for safety. Therefore, it is important to calculate quantitatively the fracture limit and remnant life of damaged railway wheel in wheel-rail system. In present paper, the critical crack size of wheel for high-speed train is simulated based on fracture scenario and the safety of wheel is evaluated.