• Proceedings of the KIEE Conference
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• 대한전기학회 2006년도 제37회 하계학술대회 논문집 A
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• pp.44-45
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• 2006

투자에 비해 자본회수 기간이 길고 설비건설에 많은 자본과 장기간이 소요되는 전력산업은 미래의 전력수요 성장에 대한 정확한 예측과 합리적인 설비계획 수립을 통한 설비확충이 매우 중요하다. 우리나라는 지리적 특수성으로 인하여 독립된 형태의 전력계통으로 구성되어 있어 타 국가와 전력융통이 불가능해 자급자족을 위한 충분한 전력공급능력 확보가 필요하다. 전력수요는 서울 인천 경기도의 수도권에 43%(2005년 최대수요기준)가 집중되어 있고 발전소는 중 남부에 편재되어 있어 지역간 전력 수급불균형의 문제가 크다. 특히, 비수도권에서 유입되는 북상조류가 수도권 전력수요의 약 50%(2005년 최대수요기준)를 담당하고 있다. 또한 현재 수도권의 경우, 인천지역에 발전설비가 집중되어 있으며 이러한 인천지역 집중 현상은 수도권 발전설비 유인 정책에 따라 미래에 보다 더 가속화 될 것으로 예상되어, 또 다른 어려움을 야기 시키고 있다. 따라서 이러한 문제점에 대한 분석 및 대책을 검토하였다.

• Fire Science and Engineering
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• 제24권1호
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• pp.31-39
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• 2010

Although the subject of sprinkler installations in Korean regulations is less strict than in other advanced countries, many building owners and managers tend to install sprinklers only in the types of buildings designated by law or create building designs for which sprinkler installation standards are not applied. This is because priority is given to cutting installation expenses rather than providing building fire safety. In this study, the benefit is estimated for various expenses from installation and maintenance of sprinklers as an investment. As a result of comparing sprinkler system installation expense and the financial benefit by efficiency analysis, the payback period is 1/20 of the building life expectancy and its efficiency is twice the expense. Therefore, installation of sprinklers by regulation has financial efficiency and it is desirable to broadly encourage the installation of sprinklers.

• Korean Journal of Construction Engineering and Management
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• 제4권4호
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• pp.212-219
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• 2003

In construction project planning and control, a cost model performs a critical role such as cost determination on a contract stage and cost tracing. The model can maximize owner's profit and value within the project budget and optimize cost management works on overall construction implementation stages. A BoQ(Bill of Quantities) generally adopted in a unit price contract has been applied as an important tool for cost control and forecast. However a previous cost model based on the BoQ has shown limitations in that it requires too detailed information and heavy manpower on cost management and difficulty in keeping relationship with construction planning, scheduling and progress management. The each cost items and unit prices which constitute of construction works are individually very important management factors but the relative weight for each items and prices have a difference on the contents and conditions of each conditions of each construction works. In consideration of this structural mechanism of cost determination, this research is aimed at examining the critical factors affecting the construction cost determination and propose and verify a new cost forecasting model which is more simple and efficient and also keeps the accuracy of cost management.

• Korean Journal of Construction Engineering and Management
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• 제10권3호
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• pp.22-31
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• 2009

In the buildings of educational facilities ordered by BTL projects, the competent authorities, private business, and users of school get to have a deep conflict, due to extra expenses resulted from shortening of construction period and establishment of temporary school building, and inconveniences users of school have to undergo during semester. This study aims at solving immediate problems in the aspect of construction method, proposing several alternative plans, including RC construction method generally applied to construction of the existing school, and modular construction method that is emerged as an alternative method for educational facilities lately, along with the method of construction appropriate for BTL projects of educational facilities, calculating cost of construction required for each alternative plan, analyzing and evaluating period of construction.

• Journal of the Korean Society for Railway
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• 제13권3호
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• pp.333-338
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• 2010

Investment in railroad, it is very important to find a way to increase a benefit to make the economic efficiency more positive, but is also considering that the cost will be higher. In this paper, we suggest a optimized model for increasing the benefit of railroad business considering of stopping patterns. According to existing analytical method, the operation hour is calculated based on that scenario regarding that it stops at all major stations but it does not fit the actual operation conditions. Considering various stopping patterns can be reasonably calculated the cost for required rail cars in the planning stages, and can also affect economic efficiency in a positive way.

• Journal of Technology Innovation
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• 제24권1호
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• pp.143-167
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• 2016

The purpose of this study is to analyze changes of innovation activities and their performance in pre-IPO and post-IPO of KOSDAQ IPO listed companies in medical and pharmaceutical fields, which require high R&D investment, from 2000 to 2005 in Korea. The innovation efficiencies of the IPO companies were measured before and after three years based on the DEA model. The financial data and patent information of the listed company during total 6 years, which were 3 years before IPO and 3 years after IPO, were collected. The main results of this research are as follows. First, it took an average 12.86 years until IPO in the start-up of the IPO companies in the pharmaceutical sector, and innovation was on average more active than the IPO before. R&D investment was higher than the IPO before, and the number of the applied patent during 3 years after IPO was 16.67 which was increased from 8.43 during 3 years before IPO. In addition, the average scope of technology of the IPO companies was expanded from 11 to 22 technology fields during previous 3 year and after 3 year each, and financial growth after IPO was lower than the previous IPO. Second, the financial performance of R&D investment and the performance of patent activity were weakened in the efficiency after the IPO, and the integrated performance from the patenting activities and the R&D investment was decreased after the IPO. Finally, the efficiency of the financial performance of the patenting activity was lower than the efficiency of the financial performance of the patent and R&D investment and patent activities under the R&D investment. In particular, the inefficiency of the firms' patenting activities performance after the IPO was caused by the decreasing return to scale, according to the results of this study. This results implicate that the expansion of R&D investments through the IPO had not lead to the financial performance of the market, and that the overall inefficiency since the IPO is due to the inefficiencies at the stage for the outcome of innovation activity rather than the output obtained through the R&D investments that appear to lead the performance of the market.

• Journal of Korea Port Economic Association
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• 제29권2호
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• pp.19-38
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• 2013

This paper explores the relationship between shipping firm's investment and debt-ratio characteristics. Using a panel of 41 shipping firms from 2006 to 2011, this study finds evidence that debt/asset ratio and leverage are negatively associated with firm's investment activities. This relationship shows that volume of debt and capital structure are critical decision factor on firm's investment and capital financing. In terms of financial expenses to sales, positive relationship is existed with firm's investment finding that financing cost is important to investment. The previous study of the firm's investment in other sector also shows a negative relationship with debit ratio. This study is also interested in the extent to which the firm's investment is affected by firm size because there is general agreement that smaller firms have less access to external capital markets. As results, smaller companies group have more positive relationship with factors related to financing cost such as financial expenses to sales and tax. On the other hand, bigger companies group shows the evidence that firm investment is positive relationship with asset size. The analysis corresponding to economic fluctuation shows that debit ratio is more sensitive to firm's investment during a recession. On the other hand, financial expenses to sales is more related to firm's investment during an economic boom.

• Journal of Mushroom
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• 제2권2호
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• pp.76-87
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• 2004

This experiments were conducted to study on the economic analysis of Phellinus spp.(Comercial name: Sanghwang mushroom). These results were as follows: Phellinus spp. can be cultivated about 4 years by one time inoculation. This mushroom has been cultivated by the method of burying log into the soil(BM) at the first time. Recently, however, the method of hanging log on the shelves in the house(HM) is used, because HM has more advantage than BM that HM can be cultivated more pieces of logs than BM. On the other hand, HM is required to invest more 5,678,230Won for the equipments than the BM. And also, HM is required 14,400 pieces(2.8 times) more log numbers than BM 5,000 pieces. Also, HM is required more 3,680,000Won to purchase log, 1,104,000Won to purchase spawn. The cost of production is required to 20,180,971Won for BM, and 37,953,825Won for HM. Accordingly, product cost of HM is 1.9 times higher than BM. The operating cost is required to 1,207,712Won for BM, and 24,075,432Won for HM. Accordingly, operating cost of HM is 2.0 times higher than BM. The net income is 580,940,000Won for BM, and 1,683,300,000Won for HM. Accordingly, net income of HM is 2.9 times higher than BM. The income is 589,040,000Won for BM, and 169,718,000Won for HM. Accordingly, income of HM is 2.9 times higher than BM. In conclusion, HM is required 2.8 times more logs. HM has 1.03 times more products per a piece of log. HM has 1.9 times more production cost, and 2.0 times more operating cost. As you read above, HM and BM have two different aspects. BM is required less investment cost than HM, but BM has lower income because of the different capacity of production. By the comparing those two methods, HM is resulted more efficient method for the producing mushroom. Only in the side of cash flowing, the cash expenditure of BM is required less money at first year. But it has no production at first year. BM would get the income after 2 years buring the logs. The cash expenditure of HM is required much money for the equipments and the logs at first year, but HM would get the income at first year.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 한국건설관리학회 2008년도 정기학술발표대회 논문집
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• pp.115-118
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• 2008

The promotion of overseas projects by construction enterprises has appeared as a way to overcome the current business difficulties of the Korean construction industry, which largely caused by the slow growth of the domestic market and the intensified competition among construction companies. The government has also shown considerable interests in the strategic approach of promoting construction projects by private companies in natural resource-rich countries, which helps the internationalization of Korean companies and the acouisition of natural resources. In this regard, this research examines the status of the construction market in the Democratic Republic of the Congo(DRC) whose potential economic growth is considered as significant, while exploring the appropriate Investment strategies of Korean construction enterprise. Since little appears to be known about the construction market and economic conditions of the DRC, after a documented review of the development trajectory of the country, a field investigation was preformed in June 2008 for obtaining information on the subjects. This research finds that the road construction is the area to fulfill the several important criteria of implementing construction projects in developing regions, including the safety/reliability for gaining investment profits, the possibility of implementing construction projects on the gradual basis, the possibility of using the facilities after the project completion, and the linkage between payment and the construction stages. In regard to the current economic situation of the DRC and the policies of the DRC government, a package deal approach, which contains the exchange of the infrastructure construction by the Korean companies and the provision of natural resources by the DRC government, is the most feasible method for Korean companies to promote their businesses in the DRC's construction market.

• Proceedings of the Korean Information Science Society Conference
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• 한국정보과학회 2005년도 가을 학술발표논문집 Vol.32 No.2 (1)
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• pp.376-378
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• 2005

유비쿼터스 컴퓨팅을 구현하려면 위치인식 기술과 이를 기반으로 하는 다양한 위치 인식시스템이 필수적이다. 그러나 복잡한 실내 환경에서는 Global Positioning System (GPS)의 이용이 불가능하며 실내 위치 측정을 위한 전문적인 시스템이 필요하다. RFID 기술은 적은 시설투자와 낮은 비용으로 위치 측정 시스템을 구축할 수 있는 가능성을 제공한다. RFID기술을 이용한 실내 위치 측정 시스템 LANDMARC는 기타 시스템과 달리 참고태그라는 개념을 도입하여 RFID리더기의 배치 수량을 줄이는 동시에 위치 측정의 정확성을 보장함으로써 시스템을 도입하는데 소요되는 비용을 절감하였으며 현실에서의 높은 사용 가능성을 제공한다. 본 논문에서는 기존의 LANDMARC시스템을 분석하여 문제점들을 해결하고 실내에서의 위치측정의 정확도를 진일보 향상시킬 수 있는 보다 효율적인 방안을 제안했다. 실험 분석 결과 동일한 실내 환경하에서 본 논문에서 제안하는 방법이 기존의 LANDMARC 시스템에 비하여 더 높은 정확성을 보장함을 입증하였다.