• KDI Journal of Economic Policy
• /
• v.34 no.2
• /
• pp.17-40
• /
• 2012

We study externality costs of capital investment under limited commitment. We solve for the constrained efficient allocation with a limited commitment environment and find positive externality costs of capital investment provided that full-risk-sharing is not feasible. In a decentralized version of limited commitment environment, a one unit increase of capital investment by an agent increases all individuals' autarky values in the economy and generates externality costs in the economy. This externality cost provides a rationale for positive capital taxation even in the absence of government expenditure. In order to internalize this costs, the government use a positive rate of linear capital tax in the decentralized economy.

• 한국벤처창업학회:학술대회논문집
• /
• 2019.11a
• /
• pp.61-65
• /
• 2019

본 연구에서는 청년예비창업가의 창업가정신과 창업동기가 사회적 자본을 조절효과로 창업의지에 미치는 영향에 관한 연구이다. 최근 앞으로의 국가경제를 이끌어갈 청년들의 일자리 부족문제와 청년실업률(15세에서 29세의 경제활동인구 중 실업자의 비율)의 증가에 따른 문제가 대두되고 있다. 이를 극복하기 하고 국가경제발전을 위해선 창업은 매우 중요한 전략 중 하나이며 이를 위해 정부에서는 (청년)예비창업가들의 창업의지를 높이기 위해 다양한 노력하고 있다. 창업의지에 있어 창업가정신과 창업동기가 필수적으로 필요하며 이러한 창업가정신과 창업동기를 가지게 되면 (청년)예비창업가들은 자신들이 부족한 사회적 자본을 확보하기 위해 노력하게 되고 이러한 과정 속에서 사회적 자본을 가지고 있고 없고의 차이로 인한 (청년)예비창업자들의 창업의지에 대해 연구하고자 한다. 그렇기에 창업의지에 있어 창업가정신과 창업동기 그리고 사회적 자본의 중요성을 강조하고자 한다. 본 연구는 첫째, 창업가정신이 창업의지에 영향을 미치는지 여부 분석, 둘째, 창업동기가 창업의지에 영향을 미치는지 여부 분석, 셋째, 사회적 자본이 창업가정신과 창업의지에 관계에서 조절효과를 가지는지 여부 분석, 넷째, 사회적 자본이 창업동기와 창업의지에 관계에서 조절효과를 가지는지 여부 분석 등이다. 현재까지 받은 140개의 설문을 받았으며, 본 연구는 창업가정신과 창업동기가 창업의지에 유의한 정(+)의 영향을 미치는지, 사회적 자본은 창업가정신과 창업의지의 관계에서 정(+)의 조절효과를 가질 것인지, 사회적 자본은 창업동기와 창업의지의 관계에서 정(+)의 조절효과를 가질 것인지 등을 분석할 것이다 앞으로 더 많은 설문지를 통해 가설에 대한 검증을 할 것이며 이에 본 연구결과를 통해 (청년)예비창업가에 창업의지에 있어 창업가정신, 창업동기, 사회적 자본의 필요성을 시사점으로 제시하려 한다.

• Journal of the Korea Academia-Industrial cooperation Society
• /
• v.19 no.9
• /
• pp.454-464
• /
• 2018

The OECD estimates that a high concentration of intangible capital is in the richest countries of the world. Studies show that intangibles have a positive relation with economic growth. However, different types of intangibles can have different impacts on economic performance. Therefore, this paper attempts to distinguish the differences within the intangibles in influencing economic growth by analyzing three different characteristics of the intangibles. Three main types of intangibles (computerized information, innovative property and economic competencies) are analyzed based on the degree of tacitness, the process of creation and diffusion, and the level of embedded value-added. This research uses Polanyi's classification of tacitness of knowledge, the Nonaka-Takeuchi Model and the "smiling curve" to find that not only investing more in intangible capital but also developing more "tacit" type of intangibles are important for economic growth.

• Journal of the Korean Society of Child Welfare
• /
• no.54
• /
• pp.113-144
• /
• 2016

The purpose of this study was to investigate whether children's social capital(both within and outside the family) and happiness would vary depending on poverty, as well as the effects of poverty on the happiness of children through their social capital. The 2013 Korea Youth General Survey data were utilized. We analyzed data from 766 children between the ages of 9 and 12, as well as their parents. Data were examined using structural equation modeling analysis. The bootstrapping method was used to test the mediating effects of social capital. The results showed that poor children had lower levels of social capital(both within and outside the family) and happiness than non-poor children. Second, poverty had indirect effects one happiness. In particular, poverty affected children's happiness through their social capital obtained both from within and outside the families. The mediating effects were statistically significant. Based on the results, we suggested policy and practice implications, including various interventions for children in poverty that may improve their social capital, which influences children's happiness.

• The Journal of the Korea Contents Association
• /
• v.14 no.11
• /
• pp.236-248
• /
• 2014

The purpose of this study was to investigate the effects of human, social and cultural capital and ecological variables on volunteering among older adults. In this study, three variables of education, income and physical health were examined as human capital factors, two variables of formal and informal interaction as social capital factors, three variables of religion, cultural organization participation and quality of life as cultural capital factors, and three variables of existence of spouse, housing tenure and residence area as ecological factors. In addition, two variables of volunteering participation and continuous volunteering participation intention were considered as dependent variables. For this study, "Senior Job Replacement Project Participants" data collected by the Korea Labor Force Development Institute for the Aged were used and analyzed employing logistic regression analysis technique. This study found that three human capital variables(education, income, physical health) had positive effects on volunteering participation and continuous participation intention among older adults; of the two social capital variables, informal interaction had a positive effect on both volunteering participation and continuous participation intention, whereas formal interaction had a positive effect only on continuous participation intention; three cultural capital variables(religion, cultural organization participation, quality of life) had positive effects on both volunteering participation and continuous participation intention; and of three ecological variables, housing tenure and residence area had positive effects on volunteering participation and continuous participation intention, whereas existence of spouse had no significant effects on dependent variables.

• 한국노년학
• /
• v.38 no.4
• /
• pp.981-997
• /
• 2018

This paper verifies if the engagement in social activities mediates the effects of human, economic and cultural capitals on successful aging in elderly citizens. The questionnaire survey data collected from 356 elderly citizens aged 65 and over in Busan undergoes structural equation modeling for analysis. The analysis highlights the following. First, human and cultural capitals influence social engagement activities whereas economic capital does not. Second, economic capital affects successful aging whereas human and cultural capitals do not. Third, engagement in social activities impacts on successful aging. Fourth, engagement in social activities mediates the effects of human, economic and cultural capitals on successful aging. Based on these findings, this paper makes suggestions for improving the capitals and social activities of the elderly for successful aging.

• Journal of the Korea Society of Computer and Information
• /
• v.29 no.7
• /
• pp.221-229
• /
• 2024

As the level of economic development increases, interest in human capital is also increasing. This paper estimates and compares innovative human capital by region for 31 regions in China between 2002 and 2019. The innovative human capital in this paper consists of education-type human capital, thesis-type human capital, and patent-type human capital. In particular, unlike previous studies, this study assumes that the weight of patent-type human capital and paper-type human capital is higher than that of education-type human capital. This is because patents and thesis will have a relatively greater impact on a region's innovation capacity than simple education background. The analysis results of this paper can be summarized in three points. First, China's regional innovative human capital shows regional disparities. Second, innovative human capital by region is changing dynamically. Third, regional concentration is accelerating, especially in Beijing, Shanghai, Guangdong, and Jiangsu. Therefore, the results of this paper emphasize the importance of the role of innovative human capital in regional economic development.

• The Journal of Information Technology
• /
• v.4 no.3
• /
• pp.19-34
• /
• 2001

The purpose of this study is to examine the differential influences of cash dividends and stock dividends on the firm valuation. Cash dividends are firm's cash outflows but stock dividends are not. If individual investors recognize that dividend revenues are taxed. they will value paid-in capital and retained earnings differently. The results from testing the hypotheses indicate that individual investors value cash dividends after dividend taxes but do not value stock dividends after dividend taxes. This suggests that non-taxing of capital gains provides tax shelters to individual investors and investors prefer retained earnings to be converted as paid-in capital rather than 0 be paid as cash dividends.

• The Journal of the Korea Contents Association
• /
• v.14 no.5
• /
• pp.144-155
• /
• 2014

This study aims to overcome the limitations of prior studies that have failed to take into account the impact of psycho-social factors on the employment of people with disabilities as well as the differences in employment by life stage. This study employs a research model that includes psycho-social factors along with human capital to examine how the determinants of employment differ for the disabled by life stage. The analysis in this study takes the form of logistic regression, using data from the fifth wave of the Korea Welfare Panel Survey. Analysis results show that the employment probability of young people with disabilities is significantly associated with their experience of discrimination, with their chance of employment decreasing when they have more experience of discrimination. Middle-aged people with disabilities are more likely to be employed when they have a lower level of education, a better health condition and a higher level of labor ability. For the disabled elderly, their labor ability is the only factor affecting their possibility of employment; they have a higher chance of getting a job when they have a higher level of labor ability.

• 한국HCI학회:학술대회논문집
• /
• 2009.02a
• /
• pp.1337-1341
• /
• 2009

한국 사회에서 동영상 컨텐츠와 UCC는 새로운 문화 현상으로 그리고 새로운 광고 도구로써 많은 기대를 받고 있다. 이에 본 연구에서는 한국의 대표 동영상 컨텐츠 사이트인 아프리카 사용자들을 대상으로 하여, 사용 활동을 기준으로 사용자 유형을 구분하고, 각 유형별 주요 이용 특성을 탐색하고자 하였다. 동영상 이용 활동 및 동영상 컨텐츠 커뮤니티 활동에 있어서의 사회적 자본 특성 문항, 총 96문항을 도구로 하여, 총 39명의 동영상 컨텐츠 이용자 활동을 분석하였다. 분석결과 동영상 컨텐츠 이용자 행동은 '깍쟁이', '시청자', '휴머니스트'의 세가지 유형으로 구분되었다. 또한 이 세 유형은 사이버 공동체에서의 사회적 자본 특성으로 언급되는 유대감, 신뢰, 규범, 교환 및 호혜성, 혜택 등 다섯가지 사회적 자본 특성에서 서로 다른 특성을 보이는 것으로 확인되었다. 본 연구는 동영상 컨텐츠 사이트를 단순히 동영상 컨텐츠를 교환하거나 소비하는 공간이 아닌 새로운 사이버 공동체의 장으로 활용할 수 있는 단서를 제공했다는데 그 의의가 있다.