• Title/Summary/Keyword: start-up performance

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Effects of channel blockages during cold start up on durability of proton exchange membrane fuel cell (냉시동시 채널 막힘이 고분자전해질연료전지의 장기성능에 미치는 영향)

  • Lee, Sang-Yeop;Kim, Hyoung-Jun;Cho, Eun-Ae;Jang, Jong-Hyun;Lim, Tae-Hoon
    • 한국신재생에너지학회:학술대회논문집
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    • 2008.10a
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    • pp.33-36
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    • 2008
  • Cell degradation when anode channels are blocked during cold start up was tested and measured. Proton exchange membrane fuel cell (PEMFC) stacks with several configurations of channel blockages were operated and decay in performance was analyzed. When only channels near hydrogen inlet were blocked, performance was rarely changed. In contrast, significant cell reversal occurred and considerable amount of $CO_2$ was produced when all channels near inlet and outlet were blocked. In the case, it was also observed that performance was severely decreased in the area where hydrogen was not supplied sufficiently.

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Impact of Entrepreneurial Business Start-up Motivation, Entrepreneurial Spirit, and Entrepreneurial Competence Characteristics on Start-up Companies' Sustainability: Focusing on the Mediating Effect of the Start-up Companies' Business Performance (창업자의 창업동기, 창업가정신 그리고 창업가 역량특성이 창업기업 지속가능성에 미치는 영향: 창업기업 경영성과를 매개로 하여)

  • Hyuk, Kang Han;Park, Woojin;Yun, Bae byung
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.14 no.3
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    • pp.59-71
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    • 2019
  • The domestic unemployment rate is now seriously increasing due to the impact of the international trend of incurring high costs using only a small number of manpower in a situation where the business has been being reduced in size. The nation is taking start-up promotion policies as a way to overcome the problem, but with the advent of excessive entrepreneurs and their concentration on specific areas, their survival is in an unclear situation. Thus, this study was intended to provide a useful direction for successful start-ups by identifying the impact of entrepreneurial motivation and entrepreneurship, internal characteristics of entrepreneurs, and of competency characteristics, external characteristics of them, on sustainability through business performance. Thus, the purpose of this study was to provide a useful direction for successful start-ups by identifying the impact of entrepreneurial motivation and entrepreneurship, internal characteristics of entrepreneurs, competency, and external characteristics, on sustainability through business performance. The result of verifying the hypothesis has showed that entrepreneurial motivation, entrepreneurship, and competency characteristics had a positive effect on business performance, and on the other hand, the business performance had a positive effect on sustainability. In addition, in terms of the impact of entrepreneurial motivation, entrepreneurship, and competency characteristics on sustainability, all of them had mediating effects on business performance. It is obvious that studies on the factors affecting business performance and corporate sustainability up to now have been carried out by only collecting the independent variables of this study individually or two of them. so it is judged that if the study, which has verified the practical direction in general through the verification of entrepreneurs's internal and external characteristics from various angles, is performed more comprehensively along with the addition of background characteristics of entrepreneurs, such as characteristics of start-up preparation, etc., in the future, more in-depth results will be able to be obtained.

Effect of Heat Treatment on the Start-up Performance for Anaerobic Hydrogen Fermentation of Food Waste (음식폐기물을 이용한 혐기성 수소 발효 시 초기 운전 성능에 대한 열처리 효과)

  • Lee, Chae-Young;Lee, Se-Wook;Hwang, Sun-Jin
    • Transactions of the Korean hydrogen and new energy society
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    • v.22 no.6
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    • pp.765-771
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    • 2011
  • This study was conducted to investigate the effect of heat treatment on the start-up performance for anaerobic hydrogen fermentation of food waste. The result showed that hydrogen production was $0.61{\pm}0.31$ mol $H_2$/mol hexose with heat-treatment of food waste at $70^{\circ}C$ for 60 min whereas it was $0.36{\pm}0.31$ mol $H_2$/mol hexose without heat-treatment of one. The heat treatment of food waste enhanced hydrogen yield due probably to the increase of hydrolysis as well as the decrease of non-hydrogen fermentation microorganisms. The removal efficiency of carbohydrate in reactors regardless of heat treatment of food waste maintained over 90%. The hydrogen conversion efficiency from food waste was 1.7-6.3% with heat-treatment whereas it was 0.7-4.5% without heat-treatment. At the time of switchover from batch to continuous operation, lactate concentration was high compared to the n-butyrate concentration in anaerobic hydrogen fermentation reactor without heat-treatment. Anaerobic hydrogen fermentation of food waste with heat treatment was stable in start-up periods because lactate concentration could be maintained at a relatively low compared to n-butyrate concentration due to the decrease of non-hydrogen fermentation microorganisms.

A Study on the Success Factors of National R&D Commercialization in Agriculture (농업 분야 국가 R&D 기술이전 사업화 성공 요인 분석)

  • Yeongheon Song;Jungin Lee;Junki Kim;Euiung Hwang;Inyong Eom
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.46 no.3
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    • pp.41-58
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    • 2023
  • This study identifies the commercialization success factors that can be an important indicator for the transfer and commercialization of national R&D results in the agricultural sector. Unlike other industries, the agricultural sector has a non-systematically scaled and processed industrial structure, and R&D is led by government rather than the private sector. Although the quantitative performance of national agricultural R&D, especially the number of patents and publications, has increased rapidly with the quantitative expansion of the government R&D budget, the technology commercialization of the results of agricultural R&D has been accompanied by difficulties for SMEs. Therefore, this study summarized the success factors for commercialization of state-owned technologies presented in previous studies, and based on them, analysed the success factors for commercialization specific to the agricultural sector. It also conducted a questionnaire survey using Delphi and focus group interviews (FGI) with experts from academia, research and industry, and a survey of agricultural companies to derive success factors for commercialization in the agricultural sector using logistic regression analysis. As a result, five indicators with positive correlation and three indicators with negative correlation within technology characteristics, suppliers, adopters, policy and market factors were finally derived as key factors for agricultural commercialization. In the future, it is expected that independent factor analysis of the food and seed sectors, which have independent industry characteristics from the agricultural sector, will be needed.

The Influential Factors to Growth Intention and Performance in Early-stage Technology-based Start-up Companies (기술창업 초기기업의 성장의도와 성과에 미치는 영향)

  • Lee, Chang Young;Hwang, In Ho;Kim, Jin Soo
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.11 no.2
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    • pp.49-62
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    • 2016
  • Technology-based start-ups have great economic ripple effect such as economic growth and job creation. Therefore, a strategic approach is required in order for such start-ups to continuously grow. However, many technology-based start-ups do not survive the Death-Valley and are being eliminated from the market. This is an empirical study on influencing variables that have impact on their performance. This study presents growth intention and influencing variables that have impact on performance (financial performance, technological performance) based on previous research on technology-based start-up. Also, this study examines the relationship between entrepreneurial competence, team commitment and growth intention, and finds the effect of controlling business-network. Structural equation modeling was performed in order to test the research hypothesis. Survey was conducted on the firms that have been certified by Youth Startup Academy of Small and Medium Business Corporation. A total of 306 samples were collected from the survey. An empirical test was conducted on the research hypothesis using SPSS 21.0 and Amos 22.0. The result of hypothesis test shows that growth intention has positive influence on both financial and technological performance, and entrepreneurial competence (technological competence, strategic management competence, creative competence and team commitment) has positive influence on growth intention. Also, the research proved that business-network has regulation effect between human resource trait and growth intention. The result of our study will provide practical insight to future start-ups for continuous growth and successful running of their firm.

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An Empirical Study on Factors Affecting Educational Performance in Entrepreneurship Education -Focused on Short Program of Local Government- (단기 창업교육프로그램 교육성과 영향요인에 관한 연구)

  • Park, Jae-Whan;Choi, Myeong-Gil;Kim, Yong-Tae
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.11 no.3
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    • pp.1085-1094
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    • 2010
  • In these day, the recession of economics and cutting-off jobs makes increases of start-up business. The unprepared start-up business which lacks sufficient information and knowledge should fall. For successful start-up business, the effective education program should be necessary. This study reviews factors such as learning motivation, entrepreneurial intention, education satisfaction, self-efficacy affecting the performance of short-term education program. This study establishes hypothesis and verifies them. To verify the hypothesis, this study explores factors affecting the performance of short-term entrepreneurial education program through utilizing factor analysis, and structural equation modeling. We suggest that the results of the study could be utilized as followings; First the results of study could be used to establish policy which improves the performance of short-term entrepreneurial education program. Second, the identified factors help educator to established the curriculum of the short-term entrepreneurial education program. Third, the identified factors could be established as criteria to recruit the applicants who wants to received short-term entrepreneurial education program.

Korean Start-up Ecosystem based on Comparison of Global Countries: Quantitative and Qualitative Research (글로벌 국가 비교를 통한 한국 기술기반 스타트업 생태계 진단: 정량 및 정성 연구)

  • Kong, Hyewon
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.14 no.1
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    • pp.101-116
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    • 2019
  • Technology-based start-up is important in that it encourages innovation, facilitates the development of new products and services, and contributes to job creation. Technology-based start-up activates entrepreneurship when appropriate support is provided within the ecosystem. Thus, understanding the technology-based start-up ecosystem is crucial. The purpose of this study is as follows. First, in Herrmann et al.'s(2015) study, we compare and analyze the ecosystem of each country by selecting representative regions such as Silicon Valley, Tel Aviv, London and Singapore which have the highest ranking in the start-up ecosystem. Second, we try to deeply understand the start-up ecosystem based on in-depth interviews with various stakeholders such as VC investors, start-ups, support organizations, and professors related to the Korean start-up ecosystem. Finally, based on the results of the study, we suggest development and activation of Korean technology-based start-up ecosystem. As a result, the Seoul start-up ecosystem showed a positive evaluation of government support compared to other advanced countries. In addition, it was confirmed that the ratio of tele-work and start-up company working experience of employees was higher than other countries. On the other hand, in Seoul, It was confirmed that overseas market performance, human resource diversity, attracting investment, hiring technological engineers, and the ratio of female entrepreneurs were lower than those of overseas advanced countries. In addition, according to the results of the interview analysis, Seoul was able to find that start-up ecosystems such as individual angel investors, accelerators, support institution, and media are developing thanks to the government's market-oriented policy support. However, in order for this development to continue, it is necessary to improve the continuous investment system, expansion of diversity, investment return system, and accessibility to the global market. A discussion on this issue is presented.

The Effect of Start-up Accelerating Manager's Enabling Characteristics on Their Full Commitment & Performance to Start-up Support Groups: In The Center of Manager's Self-Efficacy (창업지원 매니저의 역량 특성이 창업지원단 몰입도와 업무성과에 미치는 영향: 매니저의 자기효능감을 중심으로)

  • Kang, Hye Jung;Yang, Young Seok;Kim, Myung Seuk
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.17 no.1
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    • pp.13-28
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    • 2022
  • Korean Government Budget Supports for startups have been spiked and resulted in increasing the number and scaling up Startup Accelerating managers. It have skyrocketed the strong demand for their qualified roles. However, unclear role description and gap between required role and their capability have discouraged startup manager's self-efficacy resulted in declining their full commitment and causing poor role performance. The focus of this research falls on empirical analysis to the effect of startup accelerating manager's capability characteristics on their full commitment and performance to start-up support groups. This research is expected to deliver diverse policy alternatives to build up manager's core competencies to accelerate their self-efficacy leading their full role commitments and finally pushing up policy performance. In addition, this research will found more strong literature review for the following researches in this emerging fields. This research is brought four highlighting results with respect to four research problems. First, it propose proper concept of startup accelerating manager based upon its legal entitlement. Second, it drive required core competencies of manager for successful their accountability. Third, it analyze the unique features of startup accelerating manger's capabilities against business incubation manger. Fourth, it empirically analyze in coming with government startup funding, the effect of self-efficacy including employment status, job environment, etc. on their organizational commitment and job performance. This research reveal the required unique core competencies of manger into founder sourcing ability, project managing ability, startup proving and pivoting ability, consulting ability for successful investment raising. As of this empirical research results, First, manager's ability have positively effect on their job performance, full commitment, and self-efficacy. Second, self-efficacy have a mediating effect on manager's ability, job performance, full commitment. This research derive key policy implication of requiring to build up more accelerating ability, of manager from the basics to advance level by customized and algorithm based traing program. This accelerating ability buildup program will not only surge self-efficacy of manger resulting in making full commitment and better job performance, but also devote to categorizing the unique new feature and position of manger as seed investment and supporter.

A Study on the Application of Success Factors According to the Growth Stage of Convenience Store Startup (편의점 창업 성장단계에 따른 성공요인 적용 방안에 관한 연구)

  • Kwon, Yong Seog
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.15 no.5
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    • pp.261-276
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    • 2020
  • This study seeks to find an effective support plan through the success factors recognized in the early stages of startup and those recognized after success by grasping the success factors of successful small business entrepreneurs at each stage from the pre-start stage to the growth stage. To this end, a qualitative study through interviews was conducted with successful convenience store franchisees to derive success factors from the start-up preparation stage to the early stage and growth stage. The success factors of starting a small business were studied in consideration of the characteristics of franchise convenience store startups using the ERI model and the ERIS model applied in the study on the performance of startups. The success factors were studied using the multisite service firm life cycle of Sasser et al.(1978) reflecting the results. As a result of the study, the key factors of successful franchisees were the selection of the location of the first store, the selection of strategic additional stores, and the successful renewal of the contract. Depending on the characteristics of the founder, the enterprising franchisees took an active attitude in selecting strategic locations for additional stores and defending the commercial district, while the relatively conservative franchisees showed an active attitude toward store operation and renewal from a management perspective. In particular, the entrepreneur's mind is important in the preparation stage, and the importance of the entrepreneur's management strategy was discovered in the entire business cycle. Based on the results of this study, this study specifically sought out a start-up plan to effectively apply it to the future growth stage.

Anaerobic Digestion Fish Offal(I): Effect of Reactor Configuration and Sludge Bed Fluidization on Start-up of Digester (어류 폐기물의 혐기성소화 처리(I): 반응조 형상 및 슬러지층 유동화가 소화조 Start-up에 미치는 영향)

  • Jeong Byung-Gon;Kim Byung-Hyo
    • Journal of the Korean Society for Marine Environment & Energy
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    • v.9 no.2
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    • pp.72-78
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    • 2006
  • Effect of organic loading rate on digester performance was evaluated under the conditions of same surface area/reactor volume ratio and different reactor diameter. At the low loading rate of $0.4\;kg\;COD/m^3{\cdot}d$, high rate of organic removal could be obtained regardless of reactor diameter. It can be estimated that reactor configuration can not affect reactor performance at the low loading rate. However, different performance depending on reactor diameter was observed at the organic loading rate of $6\;kg\;COD/m^3{\cdot}d$. That is, volatile acid accumulation and low COD removal efficiency was observed in reactor having 6.4 cm diameter, while volatile acid was not accumulated at all and high COD removal efficiency was observed in reactor having 3 cm diameter. Such a difference of reactor performance depending on reactor diameter can be explained that sludge bed can be fluidized by evolved gas bubble in narrow reactor while sludge bed can not be fluidized by evolved gas bubble only in wide reactor. At a high organic loading rate of $20\;kg\;COD/m^3{\cdot}d$, it can be judged that there is no relation between reactor configuration and reactor performance because all reactors showed very low COD removal efficiencies regardless of reactor diameter. Sludge bed fluidization is one of the most important factors in achieving efficient start-up of anaerobic digester. Narrow and tall type reactor is favorable condition for making sludge bed fluidization at a constant surface area/reactor volume ratio. Thus, it can be judged that reactor configuration and sludge bed fluidization have great influence to reactor performance.

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