• Title/Summary/Keyword: investment evaluation

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Development of Investment Evaluation Model for Ubiquitous Health Service (유비쿼터스 서비스 모델의 성과 평가 모형 개발에 관한 연구 : u-Health 서비스의 투자 타당성을 중심으로)

  • Nam, Se-Il;Kim, Min-Kwan;Lee, Cha-Young;Han, Chang-Hee
    • Journal of Information Technology Applications and Management
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    • v.15 no.1
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    • pp.183-202
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    • 2008
  • The introduction of a ubiquitous environment has realized commercial ubiquitous services in various industrial fields and government area. The central and/or local governments are demanding an appropriate investment evaluation model for ubiquitous service. Thus, this study develops and suggests an evaluation model for ubiquitous service by reflecting its characteristic of promoting public good, as well as its broad ripple effect on people. The investment evaluation model for ubiquitous service suggested by this study is based on Cost Benefit Analysis Method. Especially, the 'Benefit' is analyzed in two aspects; 'Economic Benefit', which shows the benefit that ubiquitous service providers to the overall local economy, and; 'Financial Benefit', which shows the profit of individual investors participating in the introduction of ubiquitous service. The investment evaluation model for ubiquitous service suggested by this study can be used by the central and/or local government during their evaluation for investment before introducing a ubiquitous service. Also, when introducing a ubiquitous service in public field, the model can be used to support the decision making of private businesses for investment. Finally, it can be used to promote and inform the expected benefits of introducing a ubiquitous service to local residents.

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A Study on Criteria for investment Priority of Railway Project (철도건설 투자우선순위에 관한 연구)

  • Park, Il-Ha;Park, Yong-Gul;Kim, Si-Gon
    • Proceedings of the KSR Conference
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    • 2008.11b
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    • pp.112-116
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    • 2008
  • Determining the investment priority of the railway project is essential to keep its object of railway investment. [National railway construction plan] provide 4 major evaluation indicators and their weighting range in determining the investment priority of railway construction. Which are investment efficiency, inter-regional balance of development, network effects, government supporting policy. However this present criteria has inconsistency in determining economical feasibility of the railway transportation when applying the same evaluation indicator, investment efficiency, with the road transportation. The railway transportation is superior to road transportation in terms of transportation capacity and distance, while offering less carbon emissions. In spite of the prominent position of the railway transportation, it can be failed to obtain its proper investment priority when being determined under economical feasibility based. Therefore, this study analyzed the inconsistency under present evaluation criteria and proposed new evaluation method for the investment priority of the railway construction using AHP(analytic hierarchy process), while differentiate from the road construction. This method is optimized for only determining the priority of the railway construction itself under object of railway investment respectively.

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Study on the Development of an Evaluation Index for the Local Economy Activation of Community Investment Renewable Energy Projects (대규모 주민참여형 재생에너지 사업의 지역경제 활성화 평가지표 개발 연구)

  • Im, Hyunji;Yun, Seonggwon;Yoon, Taehwan;Kim, Yunsoung
    • New & Renewable Energy
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    • v.17 no.2
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    • pp.9-23
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    • 2021
  • In Korea, various community investment renewable project models are being implemented to increase community acceptance of renewable energy. An important factor for enhancing local acceptance is that renewable energy projects have a positive effect on revitalizing the local economy such as income increase or job creation for residents and local companies. To maximize the local economic effect of large-scale community investment renewable energy projects, this study developed an evaluation index for local economy activation, whose indicators are the local return on investment, local companies' participation, local job creation, regional cooperation, transparency, and governance. Analysis of existing evaluation indicators and current renewable projects, financial analysis, and expert interviews were used in this research. The pilot evaluation determined that, the local economic effect was high in the following order: a fund investment wind project (Gangwon), benefit-sharing wind project (Jeju), and general wind project. In particular, residents' investment amount, the number of participating residents, and the amount and transparency of the regional cooperation fund were key factors to expand the effect of local economy activation. This evaluation index could be used in public bidding for renewable energy projects such as offshore wind zoning areas of local government.

Effect of Investment Evaluation Criteria of Public ICT Projects on Business Success (공공 정보통신기술(ICT)사업의 투자 평가기준이 사업성공에 미치는 영향)

  • Kim, Yong-Kul;Lee, Sang-Yun;Chae, Myeong-Sin
    • The Journal of the Institute of Internet, Broadcasting and Communication
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    • v.21 no.4
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    • pp.157-169
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    • 2021
  • Establishing an investment evaluation system for public ICT projects is ultimately to increase the success rate of public ICT projects in which government finances are invested and to revitalize the projects, thereby establishing a foundation for national economic growth and enhancing the competitiveness of the global ICT industry. This study tried to empirically verify the effect of public ICT project investment evaluation factors established according to the existing evaluation system on actual project success, and to suggest directions for future investment evaluation factors. Five evaluation factors such as public interest, economic feasibility, technology, policy and budget efficiency were derived through prior research, and the effect of these evaluation criteria on actual project success was verified through questionnaires from experts who directly participated in the actual project. In addition, it was confirmed whether the government's support system had a moderating effect between the investment evaluation factors and the project success of the ICT project. The reliability and validity of measurement tools, structural model analysis, and path analysis were empirically analyzed, and the significance of existing ICT investment evaluation factors was verified.

A Knowledge Management Assessment Framework Based on Impact of Investment (투자영향분석을 기반으로 한 지식경영 평가방법론 프레임워크)

  • Kim, Kwan-Young;Kwon, Ohbyung
    • Knowledge Management Research
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    • v.9 no.1
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    • pp.117-128
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    • 2008
  • It is very crucial to establishing an evaluation framework for anayzing the investment effects of IT asset such as knowledge managment systems. However, evaluation by quantitative measures, in spite of its usefulness and reliability, may have weakness in examining wide range of effects of the IT investment. Hence, the purpose of this paper is to propose a novel framework to evaluate the performance in terms of wider range of informatization effects. To do so, knowledge management concepts has been adopted in the evaluation method, and Impact Of Investment(IOI) has been suggested. IOI is used to derive Value Of Investment(VOI) and then ROI.

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A Study on Design of Production System for reducing Production Time in the Small and Medium Business (중소기업에서 생산시간 감소를 위한 생산시스템 설계에 관한 연구)

  • 조석호;양광모;서장훈;강경식
    • Proceedings of the Safety Management and Science Conference
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    • 2003.11a
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    • pp.203-206
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    • 2003
  • Each method for economic evaluation has its own characteristics. Therefore adoption of each of them in evaluation production investment project results in many problems. Hence combination & modification of them are required to perform more accurate evaluation about investment project. This paper discuss evaluation method of investment projects expansion and replacement investment on each line or individual in the production. Generally investment evaluation method has add to a few method by Subsidiary means with use a especial method. And then in this paper, a Taguchi Techniques is presented, which may be effective to the facilities appraisal or improvement. We propose a decision model to incorporates the values assigned by a group of experts on different factors in production. Using this model, SN ratio of taguchi method for each of subjective factors as well as values of weights are used in this comprehensive method for reducing production rate in production management.

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A Study on Robust Design for reducing Production Time (생산시간 감소를 위한 강건 설계에 관한 연구)

  • 양광모;서장훈;송관배
    • Journal of the Korea Safety Management & Science
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    • v.5 no.4
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    • pp.147-156
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    • 2003
  • Each method for economic evaluation has its own characteristics. Therefore adoption of each of them in evaluation production investment project results in many problems. Hence combination & modification of them are required to perform more accurate evaluation about investment project. This paper discuss evaluation method of investment projects expansion and replacement investment on each line or individual in the production. Generally investment evaluation method has add to a few method by Subsidiary means with use a especial method. And then in this paper, a Taguchi Techniques is presented, which may be effective to the facilities appraisal or improvement. We propose a decision model to incorporates the values assigned by a group of experts on different factors in production. Using this model, SN ratio of taguchi method for each of subjective factors as well as values of weights are used in this comprehensive method for reducing production rate in production management.

A Research for the Setup of Evaluation Standards and the Decision of an Investment Priority of Information and Communication Enterprises of the Government (정보화 투자사업의 평가기준 설정 및 우선순위 결정에 관한 연구)

  • Song, Aeu-Guen;Kim, Sung-Eon
    • The Journal of Information Systems
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    • v.16 no.3
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    • pp.91-108
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    • 2007
  • To decide a reasonable investment priority of public enterprises, it is required to have an efficient evaluation standard. However, without having a standard, a budget for those enterprises has been allocated. In this research, for the efficient and reasonable budget allocation, it is discussed how to decide investment priority of information and communication enterprises of the government. In order to examine possible alternatives of the investment priority of information and communication enterprises of the government, seventeen enterprises were chosen from the enterprises of Ministry of Information and Communication. Public benefit, economic benefit, technology, politics, and step-up increase of budget were set up as evaluation standards and 16 specific standards were set up as subordinates. A hierarchical decision model was designed and analyzed by using AHP.

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R&D Transitions in Response to Digital Transformation in Korea

  • Lim, Jongyeon;Lee, BangRae;Won, Dongkyu
    • Journal of Information Science Theory and Practice
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    • v.10 no.spc
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    • pp.96-111
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    • 2022
  • With the rapid development of the Fourth Industrial Revolution and digital transformation, scientific and technological innovation measures are being devised to overcome Korea's low-growth, high-cost structure. Accordingly, by examining the R&D investment evaluation system of R&D PIE (R&D Platform for Investment and Evaluation), which has been promoted by the Korean government in response to the Fourth Industrial Revolution, from the perspective of R&D transformation, this study aims to explore a new path for a sustainable national science and technology innovation system following digital transformation. In particular, from the perspective of R&D PIE, a MLP (Multi-level Perspective), which had been conducted as an abstract theoretical study, was attempted with specific cases and analysis for each of the three layers: niche, landscape, and regime. In conclusion, R&D PIE was intended to elevate the abstract R&D investment evaluation system to a platform that leads innovation in the digital space of the Fourth Industrial Revolution. In addition, it was confirmed that the R&D PIE could be replaced or enhanced as a platform for innovation in response to the Fourth Industrial Revolution, thereby providing an alternative to job creation and an escape from economic crisis.

A Proposal for the Evaluation Method Improvement of Transport Investment with the Transportation Policy Change (교통정책변화에 따른 교통투자평가방법 개선에 관한 제언)

  • 방연근;김현웅
    • Proceedings of the KSR Conference
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    • 2000.05a
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    • pp.43-50
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    • 2000
  • This paper shows the recent changes of national transportation policies in some developed countries and argues that the evaluation method of the effect of transportation investment on national economy should be improved to reveal real impact of the investment. The evaluation method should develope effective performance indicators of the goals set in national transportation policy. To estimate correctly the magnitude of transportation services in national economy, the evaluation method also provides a way to measure in-house transportation services and to overcome the limits of marginal effect equal equation.

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