• Title/Summary/Keyword: university stakeholders

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How are the Firms' Innovative Activities and Credit Rating Signals Received in the Market?

  • Jeongbin Whang
    • Asia Marketing Journal
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    • v.25 no.1
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    • pp.37-44
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    • 2023
  • Firm innovativeness and financing capacity are critical signals to stakeholders as they are key drivers of firm performance and competitiveness and indicate the firm's ability to fund its operations and growth initiatives. Based on signaling theory, this study investigates the signaling effect of a firm's innovativeness and creditworthiness and examines its signaling effectiveness. Using Korean innovation data and Korea Investors Service financial data for nine years, the findings indicate that a firm's technological innovation has a negative impact on its credit ratings, while non-technological innovation has a positive impact. Furthermore, a firm's credit ratings positively impact its performance. The current study contributes to the literature on signaling theory by exploring the signaling effect of a firm's innovativeness and creditworthiness. The findings provide insights for managers on how to send and monitor signals to stakeholders.

The Tall Frontier of Timber in Australia: Opportunities for Promotion Versus Industry Hurdles

  • Giorgio Marfella;Kimberly Winson-Geideman
    • International Journal of High-Rise Buildings
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    • v.12 no.2
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    • pp.137-143
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    • 2023
  • The use of Engineered Wood Systems (EWS), especially mass-timber, as a structural alternative or complement to steel and concrete is gaining interest and acceptance across different sectors of architecture, engineering, and construction, including in high-rise buildings. Focussing on the Australian context, this study examines the levels of adoption and barriers to using timber as a primary structural material in multi-storey buildings. Data collected from semi-structured interviews with stakeholders at the forefront of adoption in structural design, construction, and property development indicates that timber in multi-storey projects in Australia still faces industry-wide challenges. Designers' awareness and attitudes towards timber adoption are generally positive and suitable for flagship projects, including tall buildings, but for enduring and widespread impact, long-term investment in education within and outside the range of stakeholders already committed to promoting timber adoption is needed.

A Study on the Perception of Stakeholders on Sunken Costs of an Urban Development Project (도시재생 사업의 매몰비용에 관한 이해집단간의 의식조사 연구)

  • Shin, Seungil;Lee, Ung-Kyun;Cho, Hunhee;Kang, Kyung-In
    • Journal of the Korea Institute of Building Construction
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    • v.14 no.6
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    • pp.591-596
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    • 2014
  • This study investigates the perception of the sunken costs of an urban development project, which is currently a social problem through a questionnaire survey. The results indicate that local and federal governments, political authorities, association members, landowners, etc. partially recognize their responsibility in bearing the sunken cost. It is also found that all stakeholders who participated in the maintenance project felt shared responsibility of bearing the sunken costs and exchanging solutions to mitigate the same, rather than making one party deal with the same. This study also suggests that with regard to reducing these sunken costs, the public sector should offer indirect support (by bearing the cost of infrastructure, tax benefits, regulation relaxation, etc.) rather than direct support so that the association members can make a reasonable choice on the project execution.

Efficient Establishment of Protected Areas in Pyoungchang County, Kangwon Province to Support Spatial Decision Making (강원도 평창지역의 보호지역 확대를 위한 공간의사결정 지원방안)

  • Mo, Yongwon;Lee, Dong-Kun;Kim, Hogul;Baek, Gyounghye;Nam, Sangjun
    • Journal of the Korean Society of Environmental Restoration Technology
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    • v.16 no.1
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    • pp.171-180
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    • 2013
  • As the second-largest 1st degree of ecological zone in Kangwon Province, Pyeongchang County is expected to play an important role in expanding the protected areas of the Republic of Korea. However, Pyoungchang County is expected to experience an increase in demand for development due to the 2018 Winter Olympics. Problems related to various stakeholders and limited budget will arise regarding the issue of expanding the protected areas. In this study, in order to effectively control these problems, we designed expansion plans for the 1st degree ecological zoning map areas and the observed data of threatened species I and II in Pyoungchang County by using the MARXAN Software. As for the methods, we first set the planning units(PUs) for the spatial analysis. The PUs include boundary length, land cost, land status, etc. Then, we made the input data by controlling the conservation features, BLM(Boundary Length Modifier) and iteration numbers. There are two measures for the establishment of the protected areas, one of which only concerns with the ecological priority, and the other with combining the land cost on forest. The one illustrated shows that the larger patches that include the conservation feature was selected as a candidate of the protected areas. The other one presented shows that inexpensive land cost areas were selected. As this study produces visual results and enables an efficient application of various values in selecting protected areas, we believe that it will be useful to various stakeholders in spatial decision-making process.

A Study on Interface Standard for Agencies of Air Logistics(2) (항공물류 이해관계자들의 표준 인터페이스 방안 연구(2))

  • Lee, Doo-Yong;Lee, Tae-Yun;Song, Young-Keun;Gwon, Dae-Woo;Lee, Chang-Ho
    • Journal of the Korea Safety Management & Science
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    • v.12 no.2
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    • pp.153-159
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    • 2010
  • The air logistics process is complex and needs many informations because various agencies participate in the logistics service and many stakeholders in air logistics. But it is hard to improve the infra of facilities because of an enormous expense, so air logistics process has to simplify for growing air freight. Nevertheless some documents are same, they should be changed due to different format. Also documents have to change even though different documents have same informations. Consequently, errors are increased because the names of the same data are different from each other and stakeholders have to reproduce the documents. In order to mitigate these problems, we selected documents and analyzed document data for the interface optimization in general air logistics process. Next, we unified the data names and defined contents of data. Also we set the type of the defined data on DB type, and gave the code to the defined data. It made easy to exchange informations among the stakeholders to match documents corresponding with the defined data. Finally, the simulation of air logistics processes was performed the quantitative analysis of the data that occur in the air logistics. In conclusion, we expect to reduce the inefficiency such as reproduction of data and the errors by improving the interface of information.

Whole Network Effectiveness from Multiple Stakeholders Perspectives - Based on a Community Networking Enhancement Project - (다중이해관계자 관점에 근거한 지역사회 전체네트워크 효과성 분석 - 사회복지공동모금회 지역사회네트워크지원사업을 중심으로 -)

  • Choi, Jae-Sung;Lee, Jun-Young;Kim, Shin-Yeol;Park, So-Jung;Lee, Su-Youn;Ahn, Eun-Young
    • Korean Journal of Social Welfare
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    • v.63 no.1
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    • pp.57-84
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    • 2011
  • This study aims to analyze a whole network effectiveness by expanding the unit of analysis beyond individual organizations in a network into network-level collaborative relations. Data for the analysis were drawn from the evaluation reports and surveys of leaders, mid-level managers, and staff members of the organizations participating in 'Community Network Building' project which was funded by Community Chest of Korea and carried out by the Academy of Korean Social Welfare Administration from November 2006 to November 2009. For the analysis, three out of the 10 networks established in diverse local communities were selected. Based on the survey conducted on the participating organizations and the center organization of each network, we analyzed the structural characteristics of interorganizational network at a network-level. Second, to analyze effectiveness of the whole network, we employed a multiple stakeholders perspective and examined the relations between the whole network's structure and its effectiveness. The findings showed that the whole network effectiveness is higher when the network is more centralized around the hub organization and more stable. The significance of this study is that it is provided and tested a new framework for network effectiveness evaluation by combining the two network effectiveness evaluation framework of Provan and Milward's with evolutionary organizational theory.

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An extension plan of Yakushima Biosphere Reserve as a case study of consensus building of islanders

  • Matsuda, Hiroyuki;Yumoto, Takakazu;Okano, Takahiro;Tetsuka, Kenshi;Fujimaki, Aomi;Shioya, Katsunori
    • Journal of Ecology and Environment
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    • v.38 no.2
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    • pp.241-247
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    • 2015
  • A participatory approach of local stakeholders is important to create a balance between nature protection and the sustainable use of natural resources in a nature reserve and its vicinity area. The zoning and management policy of biosphere reserves (BRs) is a good example of this idea, especially for island reserves. Yakushima was inscribed as a World Natural Heritage (WH) in 1993. Almost all of its residents did not remember that Yakushima was a BR. In addition, Yakushima has some problems in nature reserve management. Overabundance of the deer population is a critical threat to both agriculture and natural vegetation in the world heritage site. There are too many tourists visiting the WH site and Nagata-hama beach. The beach is a Ramsar site and one of the most important spawning grounds of sea turtles in the north Pacific. Now, residents and the municipality have decided to reactivate the Yakushima BR. Although the Ministry of the Environment of Japan has an initiative to manage the WH and the Ramsar site, the BR is managed by the municipality and local stakeholders. Local activities of both nature conservation and the sustainable use of natural resources are encouraged in the BR site. The islanders willingly included all areas of the island into the BR site. Scientists who have participated in the Society of Yakushimaology have played a significant role to build trust between local stakeholders and to seek feasible policies on the nature reserves. The concept of the "Yakushima Environmental Culture Village" is a good model for the extension plan of the Yakushima and Kuchinoerabujima BRs.

Policy Elites' Perception of Health Policy Governance: Findings from In-depth Interviews of Korean New Diagnosis Related Group Payment (정책 전문가의 인식을 통해 본 한국 보건의료정책 거버넌스: 신포괄수가제 사례에 관한 심층면접 결과)

  • Shon, Changwoo;Kwon, Soonman;You, Myoungsoon
    • Health Policy and Management
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    • v.23 no.4
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    • pp.326-342
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    • 2013
  • Background: Engaging and Involving stakeholders who have different interests in changing health care policies are difficult task. As the literature on the governance in Korean health care field is rare, this study aims to provide empirical evidence of 'governing health policy'-the ways health care policy is made, implemented, and evaluated from a political perspective. Methods: The authors of this study conducted interviews with elites in policy and clinical areas, which was considered to be the most effective approach to gather in-depth information about the background of changing payment policy as well as the barriers or contributors for making the policy sustainable. A total of 14 experts (3 government officials, 2 representatives from medical profession, 3 professors form academic field, and 6 healthcare providers from New DRG pilot program hospitals) participated in 2 hour long interviews. Results: There was a perception gap of the feasibility and substantiality of new payment system among elites. The score was higher in government officers than those in scholars or clinical experts. Next, the interviewees indicated that Korean New DRG might not sustain without significant efforts to improving democratic aspects of the governance. It is also notable that all interviewees except healthcare providers provided negative expectation of the contribution of new payment system to increase administration efficiency. For clinical efficiency, every stakeholders perceived there was no increased efficiency after introduction of New DRG payment. Like general perception, there was a wide gap between the perception of stakeholders in quality change after implementing the new payment system. Finally, interview participants negatively assumed about the likelihood of New DRG to remain a case of successful reforms. Conclusion: This study implied the importance of social consensus and the governance of health policy.

Application of the Rapid Prototyping Instructional Systems Design in Meridianology Laboratory (경혈학실습 체제적 교수설계를 위한 RPISD 모형 적용 연구)

  • Cho, Eunbyul;Kim, Jae-Hyo;Hong, Jiseong
    • Korean Journal of Acupuncture
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    • v.39 no.3
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    • pp.71-83
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    • 2022
  • Objectives : Instructional design is the systematic approach to the Analysis, Design, Development, Implementation, and Evaluation of learning materials and activities. We aimed to apply the rapid prototyping to instructional systems design (RPISD) in meridianology laboratory, a subject in which students train acupuncture to develop lesson plan. Methods : The needs of the stakeholders including client, subject matter expert and students were analyzed using the performance needs analysis model. Task analysis was implemented by observation and interview. First prototype was drafted and implemented in meridianology laboratory class once. The second prototype was modified from the first, by usability evaluation of the stakeholders. Results : The client requested an electronically documented manual to improve the quality of acupuncture training. The learner requested an extension of practice time and detailed practice guidelines. The main problems of students' performance were some cases of violation of clean needle technique, the lack of communication between the operator and recipient in direct, and lack of confidence in their own performance. Stakeholders were generally satisfied with the proposed first prototype. Second prototype of lesson plan was produced by modifying some contents. Conclusions : A lesson plan was developed by applying the systematic RPISD model. It is expected that the developed instructional design may contribute to the quality improvement of meridianology laboratory education.

Developing a comprehensive model of the optimal exploitation of dam reservoir by combining a fuzzy-logic based decision-making approach and the young's bilateral bargaining model

  • M.J. Shirangi;H. Babazadeh;E. Shirangi;A. Saremi
    • Membrane and Water Treatment
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    • v.14 no.2
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    • pp.65-76
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    • 2023
  • Given the limited water resources and the presence of multiple decision makers with different and usually conflicting objectives in the exploitation of water resources systems, especially dam's reservoirs; therefore, the decision to determine the optimal allocation of reservoir water among decision-makers and stakeholders is a difficult task. In this study, by combining a fuzzy VIKOR technique or fuzzy multi-criteria decision making (FMCDM) and the Young's bilateral bargaining model, a new method was developed to determine the optimal quantitative and qualitative water allocation of dam's reservoir water with the aim of increasing the utility of decision makers and stakeholders and reducing the conflicts among them. In this study, by identifying the stakeholders involved in the exploitation of the dam reservoir and determining their utility, the optimal points on trade-off curve with quantitative and qualitative objectives presented by Mojarabi et al. (2019) were ranked based on the quantitative and qualitative criteria, and economic, social and environmental factors using the fuzzy VIKOR technique. In the proposed method, the weights of the criteria were determined by each decision maker using the entropy method. The results of a fuzzy decision-making method demonstrated that the Young's bilateral bargaining model was developed to determine the point agreed between the decisions makers on the trade-off curve. In the proposed method, (a) the opinions of decision makers and stakeholders were considered according to different criteria in the exploitation of the dam reservoir, (b) because the decision makers considered the different factors in addition to quantitative and qualitative criteria, they were willing to participate in bargaining and reconsider their ideals, (c) due to the use of a fuzzy-logic based decision-making approach and considering different criteria, the utility of all decision makers was close to each other and the scope of bargaining became smaller, leading to an increase in the possibility of reaching an agreement in a shorter time period using game theory and (d) all qualitative judgments without considering explicitness of the decision makers were applied to the model using the fuzzy logic. The results of using the proposed method for the optimal exploitation of Iran's 15-Khordad dam reservoir over a 30-year period (1968-1997) showed the possibility of the agreement on the water allocation of the monthly total dissolved solids (TDS)=1,490 mg/L considering the different factors based on the opinions of decision makers and reducing conflicts among them.