• Journal of Korean Society of Industrial and Systems Engineering
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• v.39 no.4
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• pp.26-39
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• 2016

Korea's main manufacturing industries, which have led its economy for the past three decades, are faced with a serious downturn and loss of competitive advantages due to the current economic depression, China's rise, and the drop of oil prices. Korean business firms must adopt the paradigm shift in their value strategies, along with a government-led industrial restructuring in order to gain sustainable competitive advantages. Business firms allocate their limited resources between value creation and value appropriation, however, what effect does strategic emphasis on value creation versus value appropriation have on a business firm's financial performance? This paper empirically addresses this issue by examining the effect of shifts in strategic emphasis on stock return. Furthermore, this study examines appropriate choices of strategic emphasis to gain differential financial performance. The data set used in this regression analysis comes from the KISLINE database of NICE Information Service. The variables that form the basis of this analysis are stock return, ROA, and Strategic Emphasis [(advertising expenditures-R&D expenditures)/assets]. The interactive effect with situational factors regarding the firm and the type of technological environment in which the firm is operating was also analyzed. Our results show that investors acknowledge a shift of strategic emphasis as a sign of stock valuation. In comparison to US, Korean business firms have weak value creation capabilities in high-technology industries, and weak value appropriation capabilities in low-technology industries. This proves Korean firms are fast followers in the global market. Our findings suggest that Korean firms have to adopt a balanced value strategy, nurturing value creation and developing value appropriation for overcoming the current economic downturn and becoming a first mover in the dawn of "Industry 4.0."

• The Journal of Engineering Geology
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• v.29 no.4
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• pp.367-381
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• 2019

We investigate pore pressure conditions and reservoir compaction associated with oil and gas production using 3 different permeability models, which are all based on one-dimensional radial flow diffusion model, but differ in considering permeability evolution during production. Model 1 assumes the most simplistic constant and invariable permeability regardless of production; Model 2 considers permeability reduction associated with reservoir compaction only due to pore pressure drawdown during production; Model 3 also considers permeability reduction but due to the effects of both pore pressure drawdown and coupled pore pressure-stress process. We first derive a unified stress-permeability relation that can be used for various sandstones. We then apply this equation to calculate pore pressure and permeability changes in the reservoir due to fluid extraction using the three permeability models. All the three models yield pore pressure profiles in the form of pressure funnel with different amounts of drawdown. Model 1, assuming constant permeability, obviously predicts the least amount of drawdown with pore pressure condition highest among the three models investigated. Model 2 estimates the largest amount of drawdown and lowest pore pressure condition. Model 3 shows slightly higher pore pressure condition than Model 2 because stress-pore pressure coupling process reduces the effective stress increase due to pore pressure depletion. We compare field data of production rate with the results of the three models. While models 1 and 2 respectively overestimates and underestimates the production rate, Model 3 estimates the field data fairly well. Our result affirms that coupling process between stress and pore pressure occurs during production, and that it is important to incorporate the coupling process in the permeability modeling, especially for tight reservoir having low permeability.

• Journal of the Korean Society of Industry Convergence
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• v.9 no.1
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• pp.51-59
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• 2006

The study is diagnosis about fatigue failure phenomenon of heating coil spring (sup9) and heat treatment method that is used to crusher. Because more than 80~90% of damage announcement of breakdown of machine and construction is been caused in fatigue present state, fatigue failure became important leading person at design. Calculated design load is imposed repeatedly that fatigue breakdown is safe. Is phenomenon that change load is imposed in the construction continuously. Used coil spring applies heat 30minute by Quenching temperature $860^{\circ}C$ if see manufacturing process and temperature of gasoline of $50^{\circ}C$ keep after quench that know tempering a $460^{\circ}C$ 90minute a product be. If doto apply heat $950^{\circ}C$ material at rolling process historically before quenching, austenite formation clay pipe being done AGS(Austenite Grain Size) by 2.5~4 become. Apply heat quenching 30minute by $820^{\circ}C$ by improvement method and after quench that keep $50^{\circ}C$ in oil tempering if do $450^{\circ}C$, 90minute spring ideal formation sorbite formation of the river form and condition that satisfy most more than AGS 7 appeared. Also, we can secure authoritativeness through MT since shot peening processing.

• Proceedings of the Korean Society for Agricultural Machinery Conference
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• 2000.11c
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• pp.639-646
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• 2000

Hot air heater with light oil combustion is the most common heater for greenhouse heating in the winter season in Korea. However, since the heat efficiency of the heater is about 80%, considerable unused heat in the form of exhaust gas heat discharges to atmosphere. In order to capture this exhaust gas heat a heat recovery system for plant bed heating in the greenhouse was built and tested in the hot air heating system of greenhouse. The system consists of a heat exchanger made of copper pipes, ${\phi}\;12.7{\times}0.7t$ located inside the rectangular column of $330{\times}330{\times}900mm$, a water circulation pump, circulation plastic pipe and a water tame The total heat exchanger area is $1.5m^2$, calculated considering the heat exchange amount between flue gas and water circulated in the copper pipes. The system was attached to the exhaust gas path. The heat recovery system was designed as to even recapture the latent heat of flue gas when exposing to low temperature water in the heat exchanger. According to performance test it can recover 45,200 to 51,000kJ/hr depending on the water circulation rates of 330 to $690{\ell}$/hr from the waste heat discharged. The exhaust gas temperature left from the heat exchanger dropped to $100^{circ}C$ from $270^{circ}C$ by the heat exchange between the water and the flue gas, while water gained the difference and temperature increased to $38^{circ}C$ from $21^{circ}C$ at the water flow rate of $690{\ell}$/hr. And, the condensed water amount varies from 16 to $43m{\ell}$ at the same water circulation rates. This condensing heat recovery system can reduce boiler fuel consumption amount in a day by 34% according to the feasibility study of the actual mimitomato greenhouse. No combustion load was observed in the hot air heater.

• The Journal of the Korea institute of electronic communication sciences
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• v.11 no.4
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• pp.411-420
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• 2016

Efforts have continued in recent years to research and develop new alternative energy sources to replace coal and oil. These days interest is exploding in new pollution-free renewable energy due to the rising prices of finite energy sources. In the field of solar energy, one of new renewable energy that has been actively researched and commercialized, research efforts have been focused on solar light energy, whose efficiency has, however, reached a saturation point already. Thus, this paper proposed a solar tracking-type parabolic heat collection device to utilize solar thermal energy rather than solar light energy. The proposed device was designed in a parabolic form to collect solar heat effectively. The investigator made its prototype by incorporating a five-axis censor-based solar tracking technology in it to sense changes to the location of the sun according to the seasons and periods. In addition, an administrator interface was designed and implemented for the efficient management of heat collection device.

• Current Research on Agriculture and Life Sciences
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• v.10
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• pp.11-17
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• 1992

In this study, antioxidative effectiveness of BHA, BHT at 0.02%(w/w) was compared with those of separated free phenolic acid, ester form and insoluble bound phenolic acid which were extracted from 50 g of Terminalia chebula Retz by MeOH/aceton solvents. Antioxidative effectiveness was measured by peroxide values and TBA values for 7 days, storaging respective substrates and contrast tube at $45{\pm}1^{\circ}C$ for 35days. Laboratory tubes was added by BHA, BHT, separated free, soluble and insoluble phenolic acid extracts and peroxide value of contrast tube after 21 day storage were 60, 30, 14, 11, 100. On the other hand, at the same conditions, TBA values of each antioxidants were 0.150, 0.108, 0.105, 0.073, 0.078, 0.185. This results remarkably appeared antioxidative effectiveness in meal soybean oil substrates. Phenolic acid separated and identificated were p-coumaric acid, Ferulic acid, Phloroglucinol, Pyrogallol, Vanillic acid and Caffeic acid.

• The KIPS Transactions:PartD
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• v.10D no.3
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• pp.531-540
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• 2003

Because of the rapid increase of energy consumption, we have some problems such as environmental pollution, global warming, the oil shocks, and so on. To solve these problems, concern about renewable energy such as solar energy, wind force, and water energy is continuously increasing. America, Europe, and Japan have developed a system that manage and utilize the information of the renewable energy resources. However, in the domestic, renewable energy information system was not effectively built yet. Therefore, in this paper, we propose a renewable energy information system, which store and manage solar radiation energy data. We implemented the system using ArcView GIS. Also the system is able to retrieve the information from the energy database through various spatiotemporal queries. In addition, user can identify the results of summary data in the form of chart, graph, and counter line. The implemented system is supplied to the user through the web by ArcIMS.

• Journal of the Korean Wood Science and Technology
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• v.41 no.4
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• pp.269-275
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• 2013

Antifungal and insecticidal activity of Korean traditional medicinal plants was carried out to develop natural material for the development of organic cultural heritage conservation. As a result, Phellodendron amurense fruit was finally selected as a candidate of antifungal and insecticidal natural material. An novel active compound was purified from the ethylacetate fraction of Phellodendron amurense fruits using silica gel and Sephadex LH-20 column chromatography and PTLC. The compound was obtained as yellow oil form; UV ${\lambda}_{max}$(MeOH): 260 nm. The chemical structure of novel compound was determined as (4'-ethyl-2'-methylfuranyl)-6-methoxy-7-methylnona-2E,4E,6Z,8E-tetraenoic acid on the basis of various NMR experiments including $^1H$- and $^{13}C$-NMR, HMQC, HMBC and ESI-mass spectrum.

• Journal of Korean Society for Atmospheric Environment
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• v.14 no.1
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• pp.11-23
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• 1998

The purpose of this study was to survey chemical distribution of inorganic elements and ions in the submicron particles, to characterize qualitatively emitting sources by factor analysis, and finally to reveal existing patterns in terms of chemical compounds by a stepwise multiple regression analysis. Total of 141 samples were collected by a cascade impactor from 1989 to1996. Fifteen chemical species (Al, Ba, Cd, K, Pb, Cu, Fe, Ni, $Cl^-, NO_3^-, SO_4^{2-}, K^+, Mg^{2+}, Ca^{2+}, and Na^+$) were characterized by AAS and IC. The study showed that average seasonal levels of submicron particulate matters $(d_p<0.43 \mum)$ were 18.7 $\mug/m^3$ in spring, 15.5 $\mug/m^3$ in summer, 15.7 $\mug/m^3$ in fall, and 24.5 $\mug/m^3$ in winter, respectively. All of the anion concentrations in the particle were highest in the winter season. By applying a factor analysis, 5 source patterns were qualitatively obtained, such as sulfate related source, nitrate related source, oil burning source, calcium related source, and coal combustion source. Finally, when applying a stepwise multiple regression analysis, the results clearly showed that $Na^+ and Ca^{2+}, K^+ and Ca^{2+}, NO_3^-$ and relative humidity, $Cl^-$ and ambient temperature, $Ca^{2+} and Cl^-, Mg^{2+} and SO_4^{2-}, Na^+ and NO_3^-, and Ca^{2+} and NO_3^-$, respectively, are negatively contributed to each other. As a result of those statistical analysis, we could suggest that some chemical compounds in the submicron particles such as$NaNO_3, MgSO_4, Ca(NO_3)_2, and CaCl_2$ may not exist on the filter as final composing products; however, other compounds may possibly exist in the form of $Mg(NO_3)_2, CaSO_4, Na_2SO_4, K_2SO_4, MgCl_2, NaCl, and KCl$. Thus, it must be necessary to identify differences between the results of above statistical analysis and of the real world by laboratory experiments.

• Journal of Korean Society for Atmospheric Environment
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• v.14 no.6
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• pp.631-642
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• 1998

Fall-out particles were collected by the modified British deposit gauges at 35 sampling sites in Suwon area from January to November, 1996. Twenty chemical species (Al. Ba, Cd, Cr, K, Pb, Sb, Zn, Cu, Fe, Ni, V, F-, Cl-, NO3-, 5042-, Na+, NH4+, Mg2+, and Ca2+) were analyzed by AAS and If. The purposes of this study were to estimate qualitatively various emission sources of the fell-out particle by applying multivariate statistical techniques such as factor analysis, multiple regression analysis, and discriminant analysis. During the study, outlier sites were determined by a z-score method. Cl-, Na+, Mg2+, and SO42- were highly correlated due to their common marine related source. Wind speed was the most influential factor for the deposition fluxes of the particle itself and all the chemical species as well. When applying the factor analysis, 8 source patterns were qualitatively obtained, such as marine source, soil source, oil burning source, Cr related source, tire source, Cd related source, agriculture source, and F- related source. As a result of the multiple regression analysis, we could suggest that some chemical compounds may possibly exist in the form of CaSO4, NaN03, NaCl, MgC12, (NH4)2SO4, NaF, and CaCl2 in the fall-out particles. Finally, spatial and seasonal classification study performed by a discriminant analysis showed th.at SO42-, Ca2+, Cl-, and Fe were dominant in the group of spatial pattern; however, SO42-, Cl-, Al, and V were in the group of seasonal pattern.