• Title/Summary/Keyword: performance evaluation criteria

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The Study on the Effects of Technology Orientation and Market Orientation on Managerial Performance in Innopolis Start-ups: Focusing on the Moderating Effects of Marketing and R&D Expenses (연구소기업의 기술지향성과 시장지향성이 경영성과에 미치는영향: 마케팅 및 연구개발 비용의 조절효과를 중심으로)

  • Kwon, Haram;Yang, Young Seok
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.19 no.1
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    • pp.119-133
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    • 2024
  • As a result of significant investments by the government in promoting public technology commercialization and fostering a venture startup ecosystem, there have been quantitative achievements, such as the registration of over 1,600 Innopolis Start-ups since 2006, generating a total revenue of 1.1 trillion won as of 2021. However, these achievements have been overshadowed by critical qualitative challenges, including a continuous decline in average revenue per Innopolis Start-up. This led to a focus on whether managers' technological and market orientations affect business performance. This study aims to provide insights into improving the qualitative growth of Innopolis Start-ups by analyzing the effects of technological and market orientations on business performance, as well as the moderating effects of adjusting marketing and research and development (R&D) costs on this relationship. Through prior research and empirical analysis, this study derives three main findings. First, technological excellence and innovation significantly influence the business performance of Innopolis Start-ups, while technological intensity does not. Second, customer orientation and competitive orientation significantly impact business performance, whereas entry barriers as a single factor do not. Third, adjusting marketing and R&D costs, as controlled variables obtained through general situations, has no direct impact on other variables. However, it interacts with entry barriers, influencing financial business performance, with R&D costs exhibiting a negative buffering effect and marketing costs showing a positive enhancing effect. This study confirms that both technological and market orientations directly influence the business performance of Innopolis Start-ups, thus being crucial factors affecting their growth. Moreover, it establishes that investments in marketing and R&D play significant roles in alleviating initial entry barriers and enhancing financial performance. Consequently, it underscores the importance of reinforcing technological and market orientations tailored to the characteristics of Innopolis Start-ups. Additionally, it proposes five theoretical contributions: strengthening institutional support systems for technology commercialization and innovation, improving qualitative evaluation criteria during the selection process of Innopolis Start-ups, conducting comprehensive analyses of technological and market aspects during startup selection, enhancing support for marketing education and consulting for smooth market entry, and supporting expenditure strategies and milestone setting tailored to the industrial characteristics of individual Innopolis Start-ups.

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Monitoring of Benzoic Acid, Sorbic Acid, and Propionic Acid in Spices (향신료에서 유래되는 안식향산, 소브산, 프로피온산의 함유량 조사)

  • Yun, Sang Soon;Lee, Sang Jin;Lim, Do Yeon;Lim, Ho Soo;Lee, Gunyoung;Kim, MeeKyung
    • Journal of Food Hygiene and Safety
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    • v.32 no.5
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    • pp.381-388
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    • 2017
  • In this study, we investigated the levels of natural preservatives of benzoic acid, sorbic acid, and propionic acid in spices. The quantitative analysis was performed using high performance liquid chromatography-tandem mass spectrometry (LC-MS/MS) for benzoic acid and sorbic acid and gas chromatography-mass spectrometry (GC-MS) for propionic acid. The sample was extracted with ethanol using sonication, then centrifuged and evaporated to dryness and redissolved to 1 mL with ethanol to use for the instrumental analysis. The analytical method was validated based on linearity, recovery, limit of detection (LOD), and limit of quantification (LOQ). This method was suitable to determine low amounts of naturally occurring preservatives (benzoic acid, sorbic acid, and propionic acid) in various spices. Benzoic acid, sorbic acid, and propionic acid were found in 165 samples, 88 samples, and 398 samples, respectively from the total of 493 samples. The concentration of benzoic acid, sorbic acid, and propionic acid were ranged at ND-391.99 mg/L, ND-57.70 mg/L, and ND-188.21 mg/L in spices, respectively. The highest mean levels of benzoic acid, sorbic acid, and propionic acid were found in cinnamon (167.15 mg/L), basil leaves (22.79 mg/L), and white pepper (51.48 mg/L), respectively. The results in this study provide ranges of concentration regarding naturally occurring benzoic acid, sorbic acid, and propionic acid in spices. Moreover, the results may use to the case of consumer complaint or trade friction due to the inspection services of standard criteria for the preservatives of spices.

Monitoring of Benzoic, Sorbic and Propionic Acid in Cereal Grains, Nuts and Seeds (곡류 및 견과 종실류 중 안식향산, 소브산, 프로피온산의 함유량 조사)

  • Yun, Sang Soon;Lee, Sang Jin;Lim, Do Yeon;Lim, Ho Soo;Lee, Gunyoung;Kim, MeeKyung
    • Journal of Food Hygiene and Safety
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    • v.34 no.1
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    • pp.65-72
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    • 2019
  • This study was aimed at investigating the levels of the natural preservatives of benzoic, sorbic and propionic acids in cereal grains, nuts and seeds. Benzoic and sorbic acid were analyzed by high-performance liquid chromatography with a diode-array detector (HPLC-DAD) and further confirmed by liquid chromatography-tandem mass spectrometry (LC-MS/MS), whereas propionic acid was analyzed using a gas chromatography-flame ionization detector (GC-FID) and further confirmed by gas chromatography-mass spectrometry (GC-MS). Benzoic, sorbic and propionic acids were found in 44, 22, and 550 samples out of 702 samples, respectively. From the total of 702 samples. The concentrations of benzoic, sorbic and propionic acid were ranged from not detected (ND) to 23.74 mg/L, from ND to 7.90 mg/L, and from ND to 37.39 mg/L in cereal grains, nuts and seeds, respectively. The concentration ranges determined in this study could be used as standard criteria in the process of inspecting cereal grains, nuts and seeds for preservatives as well as to address consumer complaints or trade disputes.

An experimental study on the fireproof performance of fire damper according to change of the insulation conditions on the exposed side and unexposed side of the coaming (코밍 노출면 방열 두께 및 비 노출면 방열 길이 변화에 따른 방화 댐퍼의 내화성능에 관한 실험적 연구)

  • Choi, Tai-Jin;Kim, Joung-Sik;Lim, Young-Soo;Lee, Kyung-Hyun;Kang, Ho-Keun;Park, Sung-Ho;Kim, You-Taek
    • Journal of Advanced Marine Engineering and Technology
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    • v.38 no.1
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    • pp.99-104
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    • 2014
  • In this paper, Fire resistance test was carried out in accordance with the change of the insulation conditions on the exposed side and unexposed side of the coaming to obtain optimal insulation conditions for class H-120 insulation in connection with specimen-1 of the preceding paper for the evaluation of fireproof performance for fire dampers according to hydrocarbon fire conditions. As a test result, specimen-2(88 mm, $171^{\circ}C$) was satisfied class H-120 insulation, but specimen-3(76 mm, $181^{\circ}C$) was exceeded thermal insulation acceptance criteria at 110 minutes, therefor, specimen-2(88 mm) is optimal insulation conditions as possible lightweight than specimen-1. Test result comparison, we concluded that temperature rising of the coaming insulation surface was influenced by conductive heat from the bulkhead, and coaming surface was influenced by radiant heat from blade & coaming.

Early Age Behavior of Thin Bonded Continuously Reinforced Concrete Overlay on Aged Jointed Plain Concrete Pavement (노후 줄눈 콘크리트 포장 보수를 위한 얇은 연속 철근 콘크리트 덧씌우기 포장의 초기거동 평가)

  • Ryu, Sung-Woo;Nam, Jung-Hee;Kim, Ki-Heun;Cho, Yoon-Ho
    • International Journal of Highway Engineering
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    • v.11 no.2
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    • pp.121-132
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    • 2009
  • Thin bonded continuously reinforced concrete overlay(CRCO) was constructed on He existing jointed plain concrete pavement(HCP) surface at Seo-Hae-Ahn express highway in South Korea in order to evaluate its applicability and performance. Two sections of road were considered for this evaluation. In the first section, the concrete overlayer was placed and cut down to the existing layer to form transverse joints while CRCO was constructed on top of the existing layer in the second section. Early strength concrete(Type III) was utilized for both overlay sections. The depth of milling and the thickness of overlaid layer were 5 cm and 10 cm, respectively. Several vibrating wire gauges(VWG) were installed to evaluate the performance of CRCO with respect to curling, delamination, and crack propagation. As a result of the strength test, it was found that strength of the material reaches the design criteria within 1-3 days. Analysis with vibrating wire gauge(VWG) showed CRCO effectively restricts joint movement. High adhesive strength also was observed from the material regardless of length of aging. Meanwhile, transverse cracks were observed on the middle of the section where JPCP overlay was applied whereas arbitrarily cracks in transverse direction were observed on the section where CRCP was applied.

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A study on evacuation characteristic by cross-sectional areas and smoke control velocity at railway tunnel fire (철도터널 화재시 단면적별 제연풍속에 따른 대피특성 연구)

  • Yoo, Ji-Oh;Kim, Jin-Su;Rie, Dong-Ho;Kim, Jong-Won
    • Journal of Korean Tunnelling and Underground Space Association
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    • v.17 no.3
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    • pp.215-226
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    • 2015
  • In this study, with variables the cross section area ($97m^2$, $58m^2$, $38m^2$) and the wind velocity(0.5, 1.0, 1.5, 2.0, 2.5, 3.0, 3.5 m/s), the time of getting off train dependent on the way of itself and the width of the evacuation route was analyzed, and also fire and evacuation characteristics is reviewed by cross section area of each wind velocity. As the result, if cross section become smaller, the density of harmful gases in the tunnel increased more than the ratio of decreasing cross section area. In the case of small cross sectional area, the surrounding environment from initial fire is indicated to exceed the limit criteria suggested in performance based design. In the analysis of effective evacuation time for evacuation characteristics, the effective evacuation time was the shortest in the case of evaluating effective evacuation time by the visibility. Also, there was significant difference between the effective evacuation time on the basis of performance based evaluation and the effective evacuation time obtained by analyzing FED (Fractional effective dose), one of the analysis method obtaining the point that deaths occur, against harmful gases.

A study on Chinese Consumer Behavior of Korean Automobiles (중국소비자의 한국자동차 구매의도에 관한 연구)

  • SONG, Yun-Tao;LEE, Jong-Ho
    • The Journal of Industrial Distribution & Business
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    • v.10 no.6
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    • pp.29-37
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    • 2019
  • Purpose - This study intends to analyze Chinese consumers' purchase intention of Korean automobile. The aims of this study investigated to find out how product attributes and brand image affect the consumer's purchase intention of Korean automobiles in China. We consider the product attributes, brand image as evaluation criteria, also recognized as objectives for purchase intention. This study aims to analyze the positive effects on Chinese consumers' purchase intention with the variables by using the research model. Research design, data, and methodology - Based on theory of Purchase Intention, the concept of purchase intention was assessed by two factors: a) product attributes, and b) brand image to test the proposed hypotheses. The survey was conducted for 30 days, from October 17 to November 16 in 2018. With IBM SPSS Statistics 23.0 and IBM SPSS AMOS 23.0, factor analysis and regression, Cronbach's alpha and correlation were tested. 300 samples were used for this analysis. Results - As a main result, product attributes and brand image exerted significant effects on consumer's purchase intention. Thus,

    and

    were supported. The results showed that the product attributes, brand image had positive effects on purchase intention. The findings of this thesis are as follows: Firstly, automobiles' quality factors were divided into two categories like product properties (price, performance, design, economy, and safety), and brand image (awareness, favorability, reliability, and familiarity). Second, it showed that product properties and brand image had positive impacts on purchase intention of consumer. Conclusions - The impact of product attributes and brand image on consumer perceived value of Korean automobiles in China can be seen as a universal psychology of consumers who trust automobile products such as high quality, technology, ets. The results offer some insights into the extended model and have important managerial implications for Korean automobile enterprise. As the findings of this thesis show, all strategic orientations have significant and positive effects on the ability of innovation. At the same time, automobile company must pay attention to quality. As the relationship between the automobiles' performance and brand image were positive and significant, automobile companies should have comprehensive strategic orientations focused on strengthening these factors.

A Study on Color Difference Discrimination for PVC Deco-Film using Entry-Level Digital Device (보급형 디지털 장비를 이용한 Deco-Film용 PVC의 색차판별에 대한 연구)

  • Im, Hoyoun;Kim, Minsoo
    • The Journal of Society for e-Business Studies
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    • v.22 no.1
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    • pp.1-13
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    • 2017
  • Though digital imaging devices such as smart phones, digital cameras and office scanners have improved significantly over the past years, they are seldom used for industrial application. This may be attributable to high level of quality and performance requirement for industrial application, but there lacks a test or an objective evaluation whether the upgraded performance of entry-level device is sufficiently enough to replace existing industrial equipments or not. If there exists an industrial application area where the applicability of entry-level equipment is proved by some objective tests, then companies will be able to reduce investment on expensive industrial equipment. In this study, applicability of entry-level digital devices for color difference discrimination of PVC (Polyvinyl chloride) color sheet is tested. By testing smart phone, digital camera, and office scanner for color difference discrimination, authors have found that office scanner shows consistent result with less measurement error. Additional experiment on comparing office scanner with industrial spectrophotometer has confirmed that there exists high correlation between the two devices' results. Based on this result, office scanner may be applicable to discriminate the color difference of PVC sheet instead of expensive industrial spectrophotometer if proper management criteria are established.

Performance and Economic Analysis of 500 MWe Coal-Fired Power Plant with Post-Combustion $CO_{2}$ Capture Process (연소 후 $CO_{2}$ 포집공정이 적용된 500MWe 석탄화력발전소의 성능 및 경제성평가)

  • Lee, Ji-Hyun;Kim, Jun-Han;Lee, In-Young;Jang, Kyung-Ryoung;Shim, Jae-Goo
    • Korean Chemical Engineering Research
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    • v.49 no.2
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    • pp.244-249
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    • 2011
  • In this study, performance and economic analysis of 500 MWe coal-fired power plant with $CO_{2}$ capture process was performed. For this purpose, chemical absorption method which is commercially available and most suitable for thermal power plant was studied and a criteria for technical and economic assessment of power plants suggested by IEA Greenhouse Gas R&D Programme was used. And we performed the sensitivity analysis focused on regeneration energy which exceed half of the total capture energy. Based on MEA(Monoethanoleamine) as a main chemical solvent and 3.31 GJ/ton$CO_{2}$ regeneration energy in the stripper, net power efficiency was reduced from 41.0% (no capture) to 31.6%(with capture) and the cost of $CO_{2}$ avoided was estimated 43.3 $/ton$CO_{2}$. And in case of 2.0 GJ/ton$CO_{2}$ regeneration energy, the cost of $CO_{2}$ avoided was calculated as 36.7 $/ton$CO_{2}$.

An Effective Method for Dimensionality Reduction in High-Dimensional Space (고차원 공간에서 효과적인 차원 축소 기법)

  • Jeong Seung-Do;Kim Sang-Wook;Choi Byung-Uk
    • Journal of the Institute of Electronics Engineers of Korea CI
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    • v.43 no.4 s.310
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    • pp.88-102
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    • 2006
  • In multimedia information retrieval, multimedia data are represented as vectors in high dimensional space. To search these vectors effectively, a variety of indexing methods have been proposed. However, the performance of these indexing methods degrades dramatically with increasing dimensionality, which is known as the dimensionality curse. To resolve the dimensionality curse, dimensionality reduction methods have been proposed. They map feature vectors in high dimensional space into the ones in low dimensional space before indexing the data. This paper proposes a method for dimensionality reduction based on a function approximating the Euclidean distance, which makes use of the norm and angle components of a vector. First, we identify the causes of the errors in angle estimation for approximating the Euclidean distance, and discuss basic directions to reduce those errors. Then, we propose a novel method for dimensionality reduction that composes a set of subvectors from a feature vector and maintains only the norm and the estimated angle for every subvector. The selection of a good reference vector is important for accurate estimation of the angle component. We present criteria for being a good reference vector, and propose a method that chooses a good reference vector by using Levenberg-Marquardt algorithm. Also, we define a novel distance function, and formally prove that the distance function lower-bounds the Euclidean distance. This implies that our approach does not incur any false dismissals in reducing the dimensionality effectively. Finally, we verify the superiority of the proposed method via performance evaluation with extensive experiments.