• East Asian Journal of Business Economics (EAJBE)
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• v.8 no.2
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• pp.29-41
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• 2020

Purpose - This study incorporated the success factors of bio cluster and provided the ways to utilize them for managing the performance of bio cluster. The aim of this study was to present an integrated framework for the success factors of the bio cluster by combining the literature and case studies, and to measure and manage the performance of the bio cluster. Research design, data, and methodology - This study combined the literature review with the case study. We reviewed the literature on the success factors of the bio cluster presented by existing studies. We studied some cases of how these factors are actually applied in the bio cluster also. We integrated the success factors of bio cluster based on both the literature review and the case study. Results - The success factors of the bio cluster presented in this study as an integrated framework were defined as six factors: knowledge base and expertise, industrial infrastructure, funding and investment, government support, start-up activities and innovation activities. These success factors can be measured and managed by some performance indicators of each factor. Conclusions - Through this study, we can identify the integrated success factors of the bio cluster and understand how these factors work in bio cluster. In addition, this integrated framework of success factors will be effectively utilized to measure and manage the performance of the bio cluster.

• Journal of international Conference on Electrical Machines and Systems
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• v.3 no.4
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• pp.428-432
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• 2014

Rotating machines are an integral part of large electrical power machinery in most of the industries. Any degradation or outages in the rotating electric machinery can result in significant losses in productivity. It is critical to monitor the equipment for any degradation's so that it can serve as an early warning for adequate maintenance activities and repair. Prior research and field studies have indicated that the rotating machines have a particular type of signal structure during the initial start-up transient. A machine performance can be studied based on the effect of degradation in signal parameters. In this paper a data-acquisition system and the FFT algorithm has been design and model using the MATLAB and Simulink. The implementation had been carried out on the TMS320 DSP Processor and various testing and verification of the machine performance had been carried out. The results show good agreement with expected results for both simulated and real-time data. The real-time data from AC water pumps which have rotating motors built-in were collected and analysed. The FFT algorithm provides frequency response and based on this frequency response performance of the machine had been measured.The FFT algorithm provides only approximation about the machine performances.

• 한국연소학회:학술대회논문집
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• 2005.10a
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• pp.58-63
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• 2005

As fuel cells approach commercialization, hydrogen production becomes a critical step in the overall energy conversion pathway. Reforming is a process that produces a hydrogen-rich gas from hydrocarbon fuels. Hydrogen production via autothermal reforming (ATR) is particularly attractive for applications that demand a quick start-up and response time in a compact size. However, further research is required to optimize the performance of autothermal reformers and accurate models of reactor performance must be developed and validated. The design includes the requirement of accommodating a wide range of experimental set ups. Factors considered in the design of the reformer are capability to use multiple fuels, ability to vary stoichiometry, precise temperature and pressure control, implementation of enhancement methods, capability to implement variable catalyst positions and catalyst arrangement, ability to monitor and change reactant mixing, and proper implementation of data acquisition. A model of the system was first developed in order to calculate flowrates, heating, space velocity, and other important parameters needed to select the hardware that comprises the reformer. Predicted performance will be compared to actual data once the reformer construction is completed. This comparison will quantify the accuracy of the model and should point to areas where further model development is required. The end result will be a research tool that allows engineers to optimize hydrogen production via autothermal reformation.

• Journal of Korea Technology Innovation Society
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• v.12 no.4
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• pp.840-864
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• 2009

At the time of so-called localization, the start-up and successful management of NTVs (New technology ventures) might be a key factor of regional economic development. The research investigated the factors influencing the performance of NTVs South-western Area. According to the research result, the capability of CEO and R&D cooperation, supply chain integratim, information searching activities, market orientation are the factors which have positive correlation with the performance of NTVs in a statistically significant way in this region.

• Asia-Pacific Journal of Business
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• v.9 no.3
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• pp.11-24
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• 2018

We develop the success factors model including research hypotheses in the restaurant service industry. The research model in this study was tested on survey data collected from 282 restaurant owners. In this study, we tried to identify the success factors of the restaurant service industry and analyze the relationship between those success factors and business performance. Especially, we analyzed the impact of success factors on business performance being moderated by the restaurant type and location. Through the analysis of the research model, it is shown that operation management and customer relationship management and so on play an important role in the improvement of business performance. In addition, we found that the impact of the success factors on business performance is moderated by the restaurant type and location. A limitation of our study is the sampling. Franchise restaurants will need to be included in future studies. We expect that our research will help start-up restaurant managers to get useful insights to better manage their own businesses. Although the study on the success factors of the restaurant service industry is very important, there are few researches on that in Korea. Therefore, this study can give new insights on how the restaurant owners do business in the restaurant service industry.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.17 no.6
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• pp.25-37
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• 2022

The purpose of this study is to survey startup founders within 7 years of founding the importance and satisfaction of the components of the scale-up entrepreneurial ecosystem at the national level in Korea and analyze the direction of scale-up policy by component using IPA (importance-performance analysis). Since the perception of founders, who are the subjects of the entrepreneurial ecosystem, affects the quantity and quality of start-ups, research is needed to analyze and diagnose the perception of scale-up components. For the development of the national economy and entrepreneurial ecosystem, companies that emerge from startups to scale-up and unicorns must be produced, and for this, elements for the scale-up entrepreneurial ecosystem are needed. The results of this study are as follows. First, the importance ranking of the components of the scale-up entrepreneurial ecosystem recognized by founders was in the order of "Financial support by growth stage," "Support for customized scale-up for enterprises," "Improvement of regulations," "Funds dedicated to scale-up," "large-scale investment," and "nurturing technical talents." Second, the factors that should be intensively improved in the importance-satisfaction matrix in the future were 'Pan-Government Integration Promotion Plan', 'Scale-Up Specialized Organization Operation', 'Company Customized Scale-Up Support', 'Regulatory Improvement', and 'Building a Korean Scale-Up Model'. As a result, various and large financial capital for the scale-up entrepreneurial ecosystem, diversification of scale-up programs by business sector, linkage of start-ups and scale-up support, deregulation of new technologies and new industries, strengthening corporate-tailored scale-up growth capabilities, and providing overseas networking opportunities can be derived. In addition, it is expected to contribute to policy practice and academic work with research that derives the components of the domestic scale-up entrepreneurial ecosystem and diagnoses its perception.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.13 no.2
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• pp.15-26
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• 2018

This study examines the effects of failure experience, re-startup's motivation, government support business and education for re-startup on the performance of re-startup firms after failure. In addition, we analyzed how the above factors affect the performance of re-startup firms by the condition of debt and credit problems. As a result of the analysis, the failure experience had no significant effect on the re-startup performance regardless of the credit problem, while re-startup's motivation, government support business and education for re-startup had a significant effect on re-startup firms' performance. In the re-startup group with the credit problem, the re-startup's motivation and the failure experience had a significant influence on the re-startup firms' performance. On the other hand, in the group that did not solve the credit problem, the re-startup's motivation and the failure experience had no significant effect on the re-startup performance, but the government support business and education for re-startup had a significant effect on re-startup performance. The results of this study are as follows: First, it shows that the characteristics of re-startups and the determinants of re-startups are different according to credit problems. Second, this study shows that it takes 56 months on average from the close of business to the re-start, and it may take more than 7 years due to the credit problems and bankruptcy. This suggests the necessity to consider re-startup in the concept of obsolete in consideration of time, when studying the direct/indirect influence of failure experience and re-startup, and establishing policy.

• The Journal of Economics, Marketing and Management
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• v.8 no.4
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• pp.1-12
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• 2020

Purpose- The purpose of this study is to increase the effect of public technology transfer through government R&D support to secure the competitiveness of public technology startups. The government's R&D budget in 2019 is over 20 trillion won, and there is a legitimate need to increase the performance of technology startups through such R&D results. Research design, data, and methodology- In this paper, we comprehensively analyzed the current status of public research institutes and R&D support projects suitable for founders and analyzed and presented cases of follow-up research conducted by the Institute of Science and Technology Jobs to analyze actual performance cases of R&D support institutes. Results- In this conclusion, a developmental model of public technology entrepreneurship was proposed to increase the performance of public technology commercialization with the scalability of research institutions. In order to create a public technology information system between consumers and suppliers, a Steinweiss-type technology commercialization model for public technology commercialization, and a job-creating enterprise-type linkage R&D support business model were presented to create the results of R&D support organizations. Conclusions- Through the results of this study, it is meaningful to analyze the performance cases of technology commercialization of R&D support institutions, which have not been studied so far, to build competitiveness of research institutions and to present a growth model for the spread of technology startups. This study has implications in terms of suggesting a way to build competitiveness in technology commercialization between market demanders and suppliers by linking existing public technology startups, which deviated from the simple commercialization support system, with job creation by expanding the R&D support system.

• Journal of the Society of Naval Architects of Korea
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• v.42 no.1 s.139
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• pp.34-42
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• 2005

An overview of 30 feet sailing yacht design is presented, with an emphasis on the factors contributing to start-up popularization. After prescribing the configurations of the purposed yacht, the design of the hull form with a rudder and a keel, are schematically described. Also the determinations of the dimensions of the sail and rig are performed. Finally this paper is associated with the state-of-the-art of calculating sailing yacht performance as this is performed in velocity prediction program (VPP). The VPP results shows a typical shape of a sailing yacht and the designed yacht has the best performance at 120 degree angle of true wind with 20 knots.

• Transactions of the Korean Society for Noise and Vibration Engineering
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• v.16 no.9 s.114
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• pp.964-970
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• 2006

Micro gas turbine(MGT) has received attention recently as small-scale distributed power sources. With characteristics such as their small size, lightweight, low maintenance cost and minimal vibrations during operation, they are expected to become widespread in a wide range of ' applications, including residential and small-scale industrial use. It is very easier to start-up and stop the MGT system which is the friendly environmental power system has just below the 9ppm NOx emmission and good quality of noise level. The exhaust heat emitted by the MGT is in the form of about $300^{\circ}C$ clean exhaust gas. The exhaust gas is suitable for absorption chiller/heater system. 1 has researched performance characteristics of the 60 kW class MGT-absorption chiller-heater system in the local condition. Variations of heat recovery from exhaust gas has measured according to micro gas turbine output of 15, 30, 45, 60kW. From those results, the performance of the MGT-absorption chiller/heater system has been evaluated.