• Title/Summary/Keyword: Content investment

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A Study on the Evaluation of Fuel Characteristic and Economic Benefit for Co-combustion of Dried Sewage Sludge with Coal (건조 하수슬러지의 석탄 혼소를 위한 연료특성 및 경제성 평가에 관한 연구)

  • Kang, Jeong Hee;Kang, Jong Yun;Lee, See Hyung;Kim, Byung Tae;Lee, Nam-Hoon
    • Journal of the Korea Organic Resources Recycling Association
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    • v.22 no.1
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    • pp.11-19
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    • 2014
  • A study on combustion characteristic and evaluation of cost benefit were carried out using dried sewage sludge to evaluate co-combustion with coal in a coal-fired power plant. In the result of proximate analysis, sewage sludge has 78.09%, 79.65% of moisture content in A STP(Sewage Treatment Plant) and B STP, respectively. The dried sewage sludges show 0.12, 0.14 of fuel ratio value, respectively and over 30,000kcal/kg of combustible index. It means that the dried sewage sludges needs to reform from the results of fuel ratio and combustible index. As a results of the economical benefit evaluation of dried sewage sludge, about 73.4 million won through using the dried sewage sludges instead of coal and 56.4 million won through REC(Renewable Energy Certificate) cost were saved, respectively. On the other hand, it occurs 4.2 million won of additional cost related to ash disposal and 2.6 million won of investment/operation cost for co-combustion facility. In conclusion, co-combustion of dried sewage sludges with coal in a coal-fired power plant saves about 123 million won. However, it needs to consider for power supply to produce dried sewage sludges and opportunity cost for environmental pollution and so on to evaluate more reasonable benefit of co-combustion.

Determinants of Department Store Sales Commissions Under Consignment Contracts: An Integrated Perspective (백화점 특약매입 거래에서 판매수수료의 결정요인 : 거래비용, 힘-의존이론과 자원기반이론의 통합적 관점)

  • Yi, Ho-Taek;Yeom, Min-Sun;Seo, Hun-Joo
    • Journal of Distribution Science
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    • v.13 no.11
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    • pp.47-58
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    • 2015
  • Purpose - This study aims to seek determinants of department store sales commission rates under consignment contracts based on transaction cost theory, the power-dependence view, and the resource-based view. A consignment contract is a unique contract where the retailer, over a given period, takes possession of goods owned by a supplier, promotes the sales of these goods, and receives a profit share from their sales. Under this contract, the supplier owns the goods until they are sold. In department stores in South Korea, over 70% of overall sales comes through consignment contracts. In other words, this is the most popular contract agreement between large retailers and vendors in South Korea. Consignment contracts yield high profits to department stores with minimal sales uncertainty, stock cost, and marketing investment. Many suppliers believe the consignment contract commission rates are too high. However, department stores disagree. They state that the commissions are not high as they generate new value for the suppliers by accumulating up-to-date merchandise and supporting various marketing programs on their behalf. Recently, consignment contracts have been critically examined and scrutinized by politicians, mass media, and the public of Korea. This study further intends to derive implications reflecting both buyer and seller perspectives as well as offer insights to policy makers in making appropriate decisions. Research design, data, and methodology - To verify the proposed research model and test hypotheses, the authors selected 164 suppliers, which currently have relationships with department stores. This study carefully investigated the reliability, content validity, convergent validity, and discriminant validity of the proposed model. The data were analyzed using SPSS 18.0 and AMOS structural equation modeling program Results - For the transaction cost theory and the power-dependence view, the results indicated that product diversity and demand volatility had a positive impact on the sales dependence on a department store. Dependence in turn had a positive effect on the sales commission under the consignment contract. Based on the resource-based view, the department store's marketing capability, the supplier's perception toward merchandising, and supporting activities could enhance the department store's channel leadership in the buyer-seller relationship. Subsequently, the channel leadership had a positive effect on the sales commission. However, product complexity had no relationship with department store dependence. Conclusions - This is the first empirical research that investigates the determinants of sales commissions under consignment contracts in the domestic retail industry. This study reveals several theoretical and practical implications for both marketing scholars and marketers. In terms of theoretical implication, this study integrated and enlarged certain theoretical background, such as transaction cost theory, the power-dependence view, and the resource-based view, to explain the determinants of sales commissions under consignment contracts that include sales revenue. From a business management viewpoint, this research offers useful insights for policy makers by applying two different perspectives, both the manufacturer and the retailer, in terms of the sales commission issue under a consignment contract.

A Case Study on the Violation of the WTO-TRIMs Agreement in the China - Focusing on the Auto Parts Case- (중국의 WTO.TRIMs 협정 위반 분쟁사례에 관한 연구 - 자동차 부품 사례를 중심으로 -)

  • Kim, Jong-Hun
    • International Commerce and Information Review
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    • v.14 no.1
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    • pp.221-246
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    • 2012
  • The purpose of this study aims to analyse the case on the violation of the Agreement on WTO-TRIMs in the China with auto parts case. The Agreement on Trade Related Investment Measures(TRIMs) are rules that apply to the domestic regulations, a country applies to foreign investors, often as part of an industrial policy. The agreement was agreed upon by all members of the WTO. The TRIMs Agreement bans any laws, policies or administrative regulations favouring domestic products. This includes government incentives to encourage corporations to use domestically made products as a way of creating or protecting local jobs. The Agreement on TRIMs is only one such restriction within the broader WTO regime. Policies such as local content requirements and trade balancing rules that have traditionally been used to both promote the interests of domestic industries and combat restrictive business practices are now banned. In many ways the Agreement on WTO-TRIMs is less significant than the WTO agreements on services, etc. The TRIMs Agreement does not involve any new rules or disciplines, referring only to the existing provisions under the GATT. However, by enforcing GATT provisions on 'national treatment', this short and simple agreement has had farreaching effects on auto parts, etc. Meanwhile, China has been members of the WTO late 2001, once the measures imposed high-rate tariff for import parts was intended to regulate importer of auto parts in order to avoid the high-rate tariff.

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Preliminary Study on the Simulation for Urban Railway Facility Performance Assessment (도시철도시설 성능평가 시뮬레이션 구현을 위한 기초 연구)

  • Kang, Goune;Jung, Insu;Kim, Jung-yeol;Seo, MyoungBae
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.21 no.3
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    • pp.190-198
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    • 2020
  • For domestic urban railways, which have a 19.7% aging rate, a performance evaluation is necessary to establish capital improvement investment plans. The performance evaluation, which was recently enacted in the relevant law, points out the excessive time and effort for acquiring data and evaluation. This study developed a performance evaluation simulation prototype using a virtual reality (VR) method to use as training contents for railway performance evaluations. The practical use of the VR technique to reduce the working time under poor environment conditions was confirmed through a literature review. A survey and consultation were conducted for urban railway experts to determine the weight of the performance evaluation items and the facility breakdown structure. This information was utilized to develop performance evaluation sheets for simulation. Based on the evaluation sheet, a training content prototype that evaluates the performance of platform safety doors was developed using VR techniques with HTC VIVE equipment. VR simulation tests were conducted for six players, and the prototype was sufficiently advantageous for a visual confirmation of the facility information. The result is expected to be useful for engineers to understand the performance evaluation process efficiently before an actual performance evaluation of urban railway facilities.

The Comparison on Illustrations of Elementary Science Textbooks in Koaea and Japan (한.일 국민학교 자연 교과서 삽화 비교 연구)

  • Park, Si-Hyoun;Woo, Jong-Ok
    • Journal of The Korean Association For Science Education
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    • v.14 no.1
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    • pp.58-69
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    • 1994
  • In this study, with the problem of "What is the desirable illustrations?", the problem points of the existing textbooks were analyzed, and the opinions of experts concerning desirable illustrations were examined through questionaire survey, and by developing 'Analysis Framework of Illustrations', and Korean-Japanese 'science' textbooks were analyzed and compared with. The conclusions for the direction of korean 'science' textbooks are summarized as follows : 1) The numbers of korean illustrations should be more about two than one of per one page of the existing textbooks. 2) The korean illustrations for the 6th grade should be more largely inserted. 3) The more econmic space utilizing measure should be groped for looking at from the such side. 4) Though the kinds of Korean illustrations are mostly composed of photographs, pictures, illustrations, cartoons, etc. should be positively utilized. and the shapes of photographs should be diversified by such as square, round shape,omissions of background and others. 5) The distribution of players by sex should be considered envenly for male and female from the ascendency of male (1.5: 1). 6) It was found that it is desirable for the formation of role of illustrations of 20% for motive inducement, 45% for guidance for experimentation, 30% for presentation of data, and 5% for presentation of the results of experimentation. 7) The illustrations for guidance for experimentation should present important stages of experimentation process regardless the number of illustration. 8) It would be advantageous for motive induction to find the subject matters as possible as from the children's close actual life. 9) It is necessary to induce more freely method in utilizing Printing plate for inserting illustrations. 10) It is the result of research that the existing Korean textbooks are not suitable in inducing interest, and the positive strategy to induce interest is demanded. 11) It is required to select their location freely in accordance with the content regardless the. 12) In order to develop such illustrations, it is required to cultivate expert illustrators, and more economic investment is required for development of illustrations. The emphasis matters of revision of the 6th educational process of 'Inducement of study motive and emphasis on interest' is the change of presenting form and method of illustrations, which is expected to be rewarded with much good fruits.

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Development of Valuation Framework for Estimating the Market Value of Media Contents (미디어 콘텐츠의 시장가치 산정을 위한 가치평가 프레임워크 개발)

  • Sung, Tae-Eung;Park, Hyun-Woo
    • Journal of Service Research and Studies
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    • v.6 no.3
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    • pp.29-40
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    • 2016
  • Since the late 20th century, there has been much effort to improve the market value of media contents which are commercialized in a digital format, by fusing digital data of video, audio, numerals, characters with IT technology together. Then by what criteria and methodologies could the market value for the drama "Sons of the Sun" or the animated film 'Frozen', often referred to in the meida, be estimated? In the circumstances there has been little or no research on the valuation framework of media contents and the status of their valuation system development to date, we propose a practical valuation models for various purposes such as contents trading, review of investment adequacy, etc., by formalizing and presenting a contents valuation framework for the four types of media of movies, online games, and broadcasting commercials, and animations. Therefore, we develope computational methods of cash flows which includes production cost by media content types, provide reference databases associated with key variables of valuation (economic life cycle, discount rates, contents contribution and royalty rates), and finally propose the valuation framework of media contents based on both income approach and relief-from-royalty method which has been applied to valuation of intangible assets so far.

Effectiveness of Dispersants for Very-Low-Sulfur Fuel Oil (저유황유(VLSFO)의 유처리제 효용성 연구)

  • Kim, Deuksan;Seo, Jeong Mog;Ahn, Suhyun;Lee, Heejin
    • Journal of the Korean Society of Marine Environment & Safety
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    • v.27 no.1
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    • pp.113-118
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    • 2021
  • The International Maritime Organization (IMO) has confirmed a global limit of 0.5 % for sulfur in fuel oil used on board ships with effect from January 1, 2020. Among various alternatives to respond to these regulations on sulfur content in fuel oil, such as LNG ships, SOx scrubbers, and very-low-sulfur fuel oil (VLSFO). VLSFO is preferred owing to its low investment costs. As more ships are expected to use VLSFO, VLSFO spills are expected to increase. In particular, when the seawater temperature is below the pour point of VLSFO, VLSFO solidifies when it is spilled, which makes controlling spills difficult. In this study, six types of VLSFO produced in Korea and one type of high-sulfur fuel oil (MF380) were compared in terms of the dispersibility of dispersants according to the seawater temperature conditions. The results confirmed that the six type of VLSFO did not satisfy the domestic standards for dispersant rate (60 % or more for 0.5 min, 20 % or more for 10 min). Morever, the dispersant rate of the six types of VLSFO was low compared with that of the high-sulfur fuel oil. The results of this study are expected to be used to set the direction of dispersant control in the case of VLSFO spills.

A Fundamental Study on the Load Resistance Characteristics of Revetment Concrete Block with Recycled Concrete Aggregate and GFRP Rebar (순환골재와 GFRP 보강근을 적용한 호안블럭의 하중저항특성에 관한 연구)

  • Kim, Yongjae;Kim, Jongho;Moon, Doyoung
    • Resources Recycling
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    • v.31 no.5
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    • pp.42-51
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    • 2022
  • Aggregate resources in Korea are expected to run out owing to an increase in development demand and construction investment. Recycled concrete aggregates (RCA), extracted from waste concrete, have a lower quality than natural aggregates. However, RCA can produce concrete similar in quality to the normal concrete by aggregate pretreatment, use of admixtures, and quality control. RCA are most suitable for use in precast concrete products such as sidewalk blocks and revetment blocks. Herein, the feasibility of producing revetment blocks using recycled aggregate concrete (RAC), similar in quality to normal concrete, was analyzed. The amount of RCA was varied, and moderate high early strength cement and steam curing were used to produce the concrete test blocks. In the block test, the load resistance characteristics of the blocks were evaluated to determine optimal RAC and glass fiber reinforced polymer (GFRP) rebar compositions. Thus, the variable that reduced the cement content was determined at the same level as that of natural aggregate concrete by the control of steam curing. In the concrete block test, although this depends on the reinforcement ratio, the RAC block exhibited the same or better performance than a normal concrete block. Therefore, the low quality of RCA in RAC is no longer a problem when concrete mixing and curing are controlled and appropriate reinforcement is used.

A Study on Practical Implications in the Contract for International Transfer of Technology -Focused on Character of the Technology compared with Goods- (국제기술이전계약 체결시 실무상 유의점에 관한 연구 - 물품과 비교하여 기술이 가지는 성격을 중심으로 -)

  • Jeong, Hee-Jin
    • Korea Trade Review
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    • v.42 no.1
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    • pp.27-45
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    • 2017
  • A new phenomenon in recent trade is the rising interest in the trade of product production and manufacturing methods themselves, unlike in the past, when the interest was focused on the trade of tangible goods. That is, technology is considered as the object of trade instead of a simple element of production as "technology itself is commercialized". The broad meaning of technology encompasses all the property of knowledge with economic value. Its narrow meaning refers to technology used to produce and manufacture goods. Technologies have features such as no forms, heterogeneity, accumulation of value and extinction of right. The trade of technology commands different styles and content from that of tangible goods due to their unique characteristics; and accordingly, has various risk factors. In other words, technology can be traded in various ways according to commercial objectives including licensing, technical partnership, and joint investment in addition to general trading. The specific forms of technology transfer strategies depend on the purposes and situations between corporations. In case of technical trade with any form, the parties should be cautious about the following practical aspects: First, the contract should clearly define the scope and transfer method of technology. It is a very important matter how the provider of technology will provide the user of technology with abstract technology with no substantiality. Second, a monopoly on technology recognized as intellectual property rights is granted to their inventors for some periods of time, but anyone can have access to that technology after the term of existence. Thus, it is important to check the terms of existence of a patent as well as the terms of contract. Third, the user of technology should fulfill his confidentiality obligation to prevent the technology of the provider from being leaked to a third party unjustly. Fourth, the provider of technology should make a contribution to the successful implementation of the technology by the user as well as provide the licensed technology. Finally, a model contract is recommended to minimizing the legal hiatus of complex technology transfer trade when concluding a contract.

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Comparing Corporate and Public ESG Perceptions Using Text Mining and ChatGPT Analysis: Based on Sustainability Reports and Social Media (텍스트마이닝과 ChatGPT 분석을 활용한 기업과 대중의 ESG 인식 비교: 지속가능경영보고서와 소셜미디어를 기반으로)

  • Jae-Hoon Choi;Sung-Byung Yang;Sang-Hyeak Yoon
    • Journal of Intelligence and Information Systems
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    • v.29 no.4
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    • pp.347-373
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    • 2023
  • As the significance of ESG (Environmental, Social, and Governance) management amplifies in driving sustainable growth, this study delves into and compares ESG trends and interrelationships from both corporate and societal viewpoints. Employing a combination of Latent Dirichlet Allocation Topic Modeling (LDA) and Semantic Network Analysis, we analyzed sustainability reports alongside corresponding social media datasets. Additionally, an in-depth examination of social media content was conducted using Joint Sentiment Topic Modeling (JST), further enriched by Semantic Network Analysis (SNA). Complementing text mining analysis with the assistance of ChatGPT, this study identified 25 different ESG topics. It highlighted differences between companies aiming to avoid risks and build trust, and the general public's diverse concerns like investment options and working conditions. Key terms like 'greenwashing,' 'serious accidents,' and 'boycotts' show that many people doubt how companies handle ESG issues. The findings from this study set the foundation for a plan that serves key ESG groups, including businesses, government agencies, customers, and investors. This study also provide to guide the creation of more trustworthy and effective ESG strategies, helping to direct the discussion on ESG effectiveness.