• Title/Summary/Keyword: start-up period

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Development of Fashion Product Entrepreneurship Education Process for Crowdfunding (Part I) -Focusing on Wadiz Rewards-based Crowdfunding- (크라우드펀딩을 위한 패션제품 창업교육과정 개발 (제I보) -와디즈(Wadiz) 보상형 크라우드펀딩을 중심으로-)

  • Lee, Jungho;Kwon, Hajin
    • Journal of the Korean Society of Clothing and Textiles
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    • v.44 no.1
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    • pp.175-191
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    • 2020
  • This study proposes an entrepreneurship education process for fashion product start-ups through rewards-based crowdfunding. It examines issues such as: the general concept of crowdfunding and the pros and cons of rewards-based crowdfunding, the detailed curriculum plans in a chronological order for the regular class development, and the presentation of a visual plan to show the whole process. An entrepreneurship education process is developed in 13 steps: research on crowdfunding market, prototype plan, prototype production, story development, visual contents development, rewards development, project evaluation, public schedule & service setting, period setting & start funding, community management (Q&A), funding ends & deposit, complete manufacturing & start delivering, and the final information disclosure & open the next project plan. This research is intended to investigate rewards-based crowdfunding as a new paradigm of entrepreneurship and apply entrepreneurship education in fashion product development. However, it is limited to studying the Wadiz crowdfunding platform in Korea. Therefore, we propose a case study on various crowdfunding platforms in Korea, a case study on entrepreneurial curriculum application, and a follow-up study on the possibility of entry into an overseas crowdfunding platform.

A Study on the Daily life Furniture in Three Kingdoms and Unified Silla Period - Based on the Sang(상) and Tap(탑) - (사료로 본 삼국 및 통일신라시대의 기거용 가구 - 床榻(상탑)을 중심으로-)

  • Lee Jeong-Mee
    • Korean Institute of Interior Design Journal
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    • v.14 no.5 s.52
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    • pp.80-88
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    • 2005
  • The ondol is a uniquely Korean system of providing warmth to room. The ondol rooms never use daily life furniture because the ondol warms the floor surface where people sit. Finally, the ondol floor changed the traditional housings inner space. Before use ondol where daily life furnitures[sang(상) and Tap(탑)] are installed in the room. The origin of daily life furnitures are the ancient tomb mural of Koguryo Period. The daily life furniture can be classified as three large groups in the ancient tomb mural of Koguryo. First, a single seat[Jowa-sang(좌상)] of set up a screen[병풍]. The second, It make possible Many peoples take a seat with no decoration seat[Tap(탑)]. The third, uptodately table and chairs. A radical difference between sang(상) and Tap(탑) whether set up a screen[병풍]. The meaning of sang(상) and Tap(탑) in Koguryo ancient tomb provided Oksa-jo[옥사조] in Samkuk-sagi[삼국사기] with several valuable leads to help solve the sang(상)'s meaning. Furthermore, It will be start ponit of study on constructive shape of inner space in those days.

Exhaust Emissions Reduction using Unburned Exhaust Gas Ignition Technology and Hydrocarbon Adsorber (미연 배기가스 점화 기술과 탄화수소 흡착기를 이용한 배기저감)

  • Kim, C.S.;Chun, J.Y.;Choi, J.W.;Kim, D.S.;Lee, Y.S.;Kim, I.T.;Ohm, I.Y.;Cho, Y.S.
    • Proceedings of the KSME Conference
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    • 2000.11b
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    • pp.150-155
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    • 2000
  • Exhaust emissions from vehicles are the main source of air pollution. Many researchers are trying to find the way of reducing vehicle emissions, especially in the cold transient period of the FTP-75 test. In this study, UEGI (Unburned Exhaust Gas Ignition) technology, warming up the close-coupled catalytic converter (CCC) by igniting the unburned exhaust mixture using two glow plugs installed in the upstream of the catalyst, was developed. It was applied to an exhaust system with a hydrocarbon adsorber to ensure an effective reduction of HC emission during the cold start period. Results showed that the CCC reaches the light-off temperature (LOT) in a shorter time compared with the baseline exhaust system, and HC and CO emissions are reduced significantly during the cold start.

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Effects of momentum ratio and mixture ratio on combustion efficiency in liquid rocket engine (액체로켓에서의 운동량비와 혼합비가 연소성능에 미치는 영향)

  • Han, J.S.;Kim, S.J.;Kim, S.G.;Kim, Y.
    • Journal of the Korean Society of Propulsion Engineers
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    • v.3 no.4
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    • pp.38-43
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    • 1999
  • An experimental study was carried out, in order to set up the procedure for evaluation of hot fire test, to investigate the effect of mixture on combustion performance and combustion stability , and to determine the optimum design condition for designing the liquid rocket engine. $HNO_3$/Kerosene uni-element liquid rocket engine(thrust 24 $\iota{b}_f$, chamber pressure 200 psia) using impinging streams doublet injector was designed, and ground hot-fire test was carried out. To prevent or reduce the hard start during ignition period, two step ignition method was used. This was accomplished by maintaining about 25% of the designed operating pressure doting transient period, then chamber pressure was built up to the designed operating pressure. Maximum combustion efficiency was at O/F ratio 3.6, and combustion efficiency is decreased with increasing momentum ratio.

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The Influence of the Founder's Social Competence and Social Capital on Access to Funding Sources (창업자의 사회적 역량과 사회적 자본이 투자유치 시도방식에 미치는 영향)

  • Park, Gyehyun;Kim, Dohyeon
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.16 no.1
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    • pp.21-35
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    • 2021
  • Based on social capital theory, this study investigated the influence of the start-up founder's social competence on the start-up's access to funding sources and performance through the mediating role of the type of social network. This study aimed to examine two types of social networks empirically (i.e., personal networks and business networks) as social capital in analyzing the effect of the founder's social competence and social capital on the method of accessing funding sources. A self-report questionnaire was administered to 252 South Korean start-up founders whose businesses are based in South Korea. Path analysis and mediation effect analysis were performed by structural equation modeling(SEM) using STATA 16.1. This study examined the full mediating effect of the founder's social competence on his/her personal and business networks, respectively, and how the effect leads to different methods to approach funding sources. This is the first study in South Korea to analyze empirically how social competence has contrasting effects on personal and business networks as well as how each type of network varies in its influence on the method founders use to attract investment. This study is also significant in that it proposed a new methodology by utilizing the position generator as the measure of personal and business networks to analyze social networks in detail. The analyses of 252 survey data collected over a period of six months will be a valuable resource that may provide researchers, founders, investors, and other stakeholders in the start-up ecosystem with meaningful implications.

The Financial Support of Regional Bank for SMEs and Regional Financial Policy (지방은행의 지역중소벤처기업지원과 지역금융정책)

  • Ryu, Duk Wi
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.8 no.4
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    • pp.37-47
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    • 2013
  • This study investigates regional financial markets and proposes some policy measures for boosting up the regional financial system. Financial supports for start-ups, small and medium sized enterprises(SMEs) in early stage growth have been constrained due to expanded financial gaps among regions during financial restructuring period. The bank consolidation through M&A is associated with widening financial gaps between Seoul area and others, and between regions where regional banks survives or not. Loans to small firms are associated with relationship lending techniques that may be better supported by smaller regional banks. The loan rate to SMEs in locals where regional banks are activated has tended to be 10%point higher than the locals where regional banks closed, and also drive the greater contribution for preventing local capital outflow and promoting local capital investment by local penetrating strategy. Government should develop regional financial policies to boost up regional financial system, and expand the business area of regional financial institutions for supporting start-ups and SMEs.

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A study on the Factors Affecting Job Separation by Middle and Old aged Self-Employed using KLoSA Panel (고령화연구조사(KLoSA) 패널을 활용한 중고령 자영업자의 일자리 이탈 요인에 관한 연구)

  • Choi, Whayoung
    • Journal of vocational education research
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    • v.37 no.1
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    • pp.119-138
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    • 2018
  • The purpose of this study was to analyze the factors influencing of separation and the time of separation for middle and old aged self-employed workers. The cox proportional hazards model was used in the first survey of KLoSA, 684 persons who were over 40 years old in 2006, using data up to the 5th period of 2014. The main findings of this study are as follows. First, the average duration of job for middle and old aged self-employed workers in 2005 was 15.5years. Of the total 684 workers, 214(31.3%) person was found to have lost their job during survey period. Second, gender, age at start up, and education level have significant effects on job separation of them. When women, when they were older at start up, when they were graduate the university or higher, increased their risk of leaving their businesses. Third, in the characteristic of their work, the type of job and job satisfaction were found to affect to job desertion. When people are engaged in accommodation and food business rather than agriculture and forestry fishery, when the satisfaction of the work is lower, the risk was high. Based on these conlusions, the following implications are suggested. First, it is necessary to establish a support strategy for female middle-aged and old self-employed and older workers who start their own business after their 60s. Second, it is necessary to support them to enter into various fields by utilizing their own aptitude and experience rather than establishing them in industries with low entry barriers. Third, it is necessary to develop policies to help improve job satisfaction in the working environment. In particular, it is necessary to ensure that high educated self-employed workers are satisfied with various compensations by self-employed.

Start-up Strategy at Sensorless Control of BLDC for Vehicle Fuel Pump (자동차 연료펌프용 BLDC의 센서리스제어 기동기법)

  • Tran, Quang Vinh;Chun, T.W.;Lee, H.H.;Kim, H.G.;Loh, E.C.
    • Proceedings of the KIPE Conference
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    • 2009.11a
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    • pp.268-270
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    • 2009
  • This paper proposes a simple starting method to arrange the rotor position of the blushless DC motor (BLDC) without additional sensors and any information of motor parameters. Both the stator current and time period for arranging the rotor position can be easily adjusted by modulating a pulse width of switching devices. Using the proposed method, it is demonstrated experimentally that the BLDC starts up very smoothly.

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An Experimental Study on the Fuel Heating for Enhancing Fuel Atomization (가솔린엔진의 연료 미립화 향상을 위한 공급연료 가열에 대한 실험적 연구)

  • 윤팔주;박승범;선우명호;천동필
    • Transactions of the Korean Society of Automotive Engineers
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    • v.9 no.4
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    • pp.112-120
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    • 2001
  • Poor fuel vaporization in gasoline engines causes the problem of HC emission during the cold start and warm-up period. This paper presents a strategy to improve fuel atomization during the warm-up phase. In this experiment, the heated fuel-rail system is constructed to investigate the effects of fuel heating on the average size of fuel droplets. The fuel atomization effects are examined by measuring Sauter Mean Diameter (SMD) of the fuel droplets from the three different types (two-hole, pintle, and six-hole) of injectors based upon a returnless heated fuel-rail system. The results show that the six-hole type injector is the most sensitive to fuel heating in terms of SMD among three different types of injectors.

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Study for Investments Flow Patterns in New-Product Development (신제품개발시 소요투자비 흐름의 기업특성별 연구)

  • Oh, Nakkyo;Park, Wonkoo
    • Korean small business review
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    • v.40 no.3
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    • pp.1-24
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    • 2018
  • The purpose of this study is verifying with corporate financial data that the required investment amount flow shows a similar pattern as times passed, in new product development by start-up company. In the previous paper, the same authors proposed the required investment amount flow as a 'New Product Investment Curve (NPIC)'. In this study, we have studied further in various types of companies. The samples used are accounting data of 462 companies selected from 5,873 Korean companies which were finished external audit in 2015. The results of this study are as follows; The average investment period was 3 years for the listed companies, while 6 years for the unlisted companies. The investment payback period was 6 years for listed companies, while 17 years for unlisted companies. The investment payback period of the company supported by big affiliate company (We call 'greenhouse company') was 14~15 years, while 17 years for real venture companies. When we divide all companies into 4 groups in terms of R&D cost and variable cost ratio, NPIC explanatory power of 'high R&D and high variable cost ratio group (Automobile Assembly Business) is best. Among the eight investment cost indexes proposed to estimate the investment amount, the 'cash 1' (operating cash flow+fixed asset excluding land & building+intangible asset, deferred asset change)/year-end total assets) turned out to be the most effective index to estimate the investment flow patterns. The conclusion is that NPIC explanatory power is somewhat reduced when we estimate all companies together. However, if we estimate the sample companies by characteristics such as listed, unlisted, greenhouse, and venture company, the proposed NPIC was verified to be effective by showing the required investment amount pattern.