• 제목/요약/키워드: Cost and Return

검색결과 447건 처리시간 0.032초

R&D 및 불완전경쟁과 경제성장 (R&D Activities, Imperfect Competition and Economic Growth)

  • 김병우
    • 기술혁신학회지
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    • 제10권1호
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    • pp.47-72
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    • 2007
  • 아이디어는 소멸하지 않으며 지식생산과정에 수확체감의 법칙이 작용하지도 않는다. 그럼에도 불구하고, 사적측면만을 고려하는 단순한 내생적 성장모형에서는 지속적 경제성장이 달성되지 않게 된다. 그러나, 지식자본의 비전유성을 고려하여 이를 공적자본으로 간주하게 되면 지속적 경제성장은 달성될 수 있게 된다. 우리 경제에 대한 실증분석 결과가 지식의 공적자본으로서의 성격을 강하게 뒷받침함을 확인할 수 있다. 즉, 제품혁신 생산함수에 대한 모든 함수형태에서 지식자본이 사적재화라는 귀무가설을 모두 기각할 수 있다. 이상의 결과로부터 우리 경제는 제품혁신을 통해 지속적 경제성장을 달성할 수 있다는 시사점을 얻을 수 있다.

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한국 농업법인의 적정부채비율 추정을 위한 실증연구 (The Study on the Estimation of Optimal Debt Ratio in Korean Agricultural Corporations)

  • 김우석;서범;임인섭
    • 한국산학기술학회논문지
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    • 제18권4호
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    • pp.135-142
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    • 2017
  • 본 연구는 다른 산업에 비해 정부의 부채비율 정책에 민감하다고 할 수 있는 우리나라 농업법인의 적정부채비율 추정을 위하여 이론적으로 도출 가능한 분석적 수리모형을 수립하고 객관적인 자료를 이용하여 적정부채비율을 추론하는데 목적이 있다. 분석모형은 독립변수를 부채비율로 하는 자기자본순영업이익률 계산식으로부터 출발하고 관련 모수는 매출액 영업이익률, 총자산회전율, 순금융비용율로 구성된다. 이 가운데 순금융비용율의 경우 부채비율과 1차 선형 관계를 고려한 방정식을 분석모형에 추가하는 등의 분석적 절차에 따라 적정부채비율 기준을 자기자본순영업이익률을 극대화하는 부채비율 수준으로 정의하고, 이들 식으로부터 자기자본순영업이익률은 부채비율을 독립변수로 하는 2차함수로 나타낸다. 이러한 분석방법 및 절차에 의해 우리나라 농업법인의 14년 자료를 토대로 적정부채비율을 도출한 결과 약 138% 정도의 부채비율이 농업법인 전체의 자기자본순영업이익률을 제고하는 것으로 나타났다. 이는 그동안의 농업법인 부채비율이 적정부채비율에 비해 비교적 높게 형성되어 있음을 알 수 있는 결과로써 기업이 부채비율을 관리하는 목적이 안전성 유지, 수익성 확대 등에 있고, 부채비율 관리에서 중요한 것이 수치에 대한 일률적 판단이 아닌 해당 업종의 특성을 고려한 대응이라고 했을 때 향후 농업법인에 대한 당국의 정책적 변화가 뒤따라야 할 것으로 보인다.

경제성 지표를 활용한 농업용저수지의 생활용수 공급가능성 평가 (Assessment of domestic water supply potential of agricultural reservoirs in rural area considering economic index)

  • 윤광식;최수명;채종훈;유승환;최동호;윤석군;이창희;정경훈;신길채
    • 농촌계획
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    • 제23권1호
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    • pp.85-96
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    • 2017
  • Existing agricultural reservoirs are considered as alternative source for the water welfare of rural area. In this study, domestic water supply potential of 476 reservoirs, which has storage capacity more than one million cubic meter, out of 3,377 agricultural reservoirs managed by Korean Rural Community Corporation (KRC) were investigated. Among them water quality of 136 reservoirs met the criteria of domestic water source which show less than COD 3 ppm. Available amount for domestic water of reservoirs, which meet the water quality, for ten year return period of drought was analyzed with reservoir water balance model. The results showed that 116 reservoirs has potential for supplementary domestic water supply while satisfying irrigation water supply. Finally, economic analysis using Net Present Value (NPV), Benefit-Cost (B/C) ratio, Internal Rate of Return (IRR), and Profitability Index (PI) methods was also conducted. The analysis showed that 19 reservoirs satisfied economic feasibility when water is provided from reservoir outlet but only 9 reservoirs meet the economic feasibility if water delivered from a reservoir to treatment plant by newly built conveyance canal. In order to supply the domestic water through the agricultural reservoirs managed by KRC, it is necessary to flexibly interpret and operate the 'Rearrangement of Agricultural and Fishing village Act'. Also, it is reasonable to participate in the water service business when there is a supply request from other Ministries. In addition, the KRC requires further effort to change the crop system for saving water and improve efficiency of irrigation systems.

한국 NPL시장 수익률 예측에 관한 연구 (A study on the prediction of korean NPL market return)

  • 이현수;정승환;오경주
    • 지능정보연구
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    • 제25권2호
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    • pp.123-139
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    • 2019
  • 국내 NPL (Non performing loan) 시장은 1998년에 형성되었지만, 본격적으로 활성화 된 시기는 2009년으로 역사가 짧은 시장이다. 이로 인해 NPL 시장에 대한 연구도 아직까지는 활발히 진행되지 않고 있는 상황이다. 본 연구는 NPL 시장의 각 물건 별 기준 수익률 달성 유무를 예측할 수 있는 모델을 제안한다. 모델 구축에 사용되는 종속변수는 물건 별 최종 수익률이 기준 수익률 수치 도달 여부를 나타내는 이항변수를 사용하였고, 독립변수로는 물건의 특성을 나타내는 11개의 변수를 대상으로 one to one t-test와 logistic regression stepwise, decision tree를 수행하여 의미있는 7개의 독립변수를 선별하였다. 그리고 통상적으로 사용되는 기준 수익률 수치(12%)가 의미있는 기준 수치인지 확인하기 위해 수치 값을 조절해가며 종속변수를 산출하여 예측모델을 구축해보았다. 그 결과 12%의 기준 수익률 수치로 산출한 종속변수를 이용하여 구축한 예측모델의 평균 Hit ratio가 64.60%로 가장 우수하다는 결과를 얻었다. 다음으로 선별된 7개의 독립변수들과 12%를 기준으로한 수익률 달성유무 종속변수를 이용하여 판별분석, 로지스틱 회귀분석, 의사결정나무, 인공신경망, 유전자알고리즘 선형 모델의 5가지 방법론을 적용해 예측모델을 구축해보았다. 5가지 방법론으로 도출한 예측 모델 간 Hit ratio를 비교한 결과 인공신경망을 이용하여 구축한 예측모델의 Hit ratio가 67.4%로 가장 우수한 결과를 도출해내었다. 본 연구를 통해 추후 NPL시장 신규 물건 매매에 있어서 7가지의 독립변수들과 인공신경망 예측 모델을 활용하는 것이 효과적임을 증명하였다. 물건의 12% 수익률 달성 여부를 사전에 예측해봄으로써 유동화회사가 투자 의사결정을 하는 데에 도움을 줄 것으로 예상하며, 나아가 NPL 시장의 거래가 적정한 가격 선에서 진행됨으로 인해 유동성이 더욱 높아질 것이라 기대한다.

A case study on the economic feasibility of different patterns of green care and healing complexes

  • Koo, Seungmo;Kim, Dae Sik;Koo, Hee Dong;Lee, Han Joon;Park, Bum Jin;Kim, Kyoung-Chan
    • 농업과학연구
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    • 제44권3호
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    • pp.451-461
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    • 2017
  • Korean agriculture has recently focused on the 6th dimension of industrialization, which includes the functions of healing and care. The green care and healing business is one of the most representative models, satisfying modern consumers' needs for care or healing in rural agricultural environments. Many studies have shown physical and social benefits from green care and healing, but studies regarding economic performance are rarely found. The present study aimed to analyze the economic feasibility of different green care and healing farm complexes proposed in recent domestic research, with various possible combinations of business scenarios. The results show that most of the scenarios are economically feasible as B/C (benefit-cost ratio) and IRR (internal rate of return) are 1.19 and 8.53%, respectively, under scenario 1. This study also performed a break-even analysis for providing more flexible decision-making information. Overall, scenario 1 from green care and healing site and scenario 4 from green care and healing cluster are found to be superior to the other scenarios in terms of B/C and IRR. The scenarios in this study reflect the domestic farms or complexes which have similar functions of care or healing. Therefore, the results of this study provide information on practical policies and business implications in making decisions on the specific size and operational patterns when adopting green care and healing complexes by central or local governments and private sectors in the future.

월남국 고콩지구 수리 개발 기본 조사 (The Engineering Services on the Go Cong Water Control Project in Vietnam)

  • 조용칠
    • 한국농공학회지
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    • 제13권4호
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    • pp.2471-2478
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    • 1971
  • Go Cong Water Control Project was conducted on its preliminary survey and design by Agricultural development Corporation for the Korean Government, an Executing Agency, and Directorate of Irrigation and Rural Engineering of the Ministry of Land Reform, Agriculture and Fishery Development for the Vietnamese Government, a cooperation Agency, under Korean and Vietnamese Economic and Technical Cooperation Program. The main purposes of the project are aimed at the improvements of irrigation and drainage, and salt water prevention of the Go Cong area located at northern part of the Mekong Delta. All the works from field survey through design to preparing reports were carried out by ADC alone and recently Korean Government submitted the relevant reports to vietnamese Government through official channel. The contents of the project are summarized as following: 1. The project comprises irrigation, drainage and salt water prevention facilities on the benefited area of about 55,000 hectares, covering Go Cong and Dinh Tuong(My Tho) Provinces and it will be possible to cultivate rice cropping twice a year, irrigating all the area in the dry season; 2. With completion of this project, annual production of rough rice and vegetables are anticipated to increase by 222,600 .T. and 142,600 M.T. respectively and the internal rateof return stants at 26 per cent, applying for the exchange rate of US $ 1 to VN $ 275. 3. Total investments required for the project are estimated at US $ 56,394,000 of which actual construction cost is estimated at US $ 39,183,000. The project has planned to be d to be developed by four stages, taking bout 7 years. 4. The project needs for three places of pumping plants. 57Km of feed and main irrigation canals, 81Km of drainage channels, 97Km of dike, 23 places of sluices and navigation locks, etc.

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우드칩 바이오매스를 이용한 열병합발전 운영 사례 분석 (Case Study and Evaluation of Economic Feasibility of Combined Heat and Power System using Woodchip Biomass)

  • 서길영;김성현
    • 신재생에너지
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    • 제8권4호
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    • pp.21-29
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    • 2012
  • The extensible supply of New & Renewable energy resources desperately needs to counter the high dependence on imported energy, recent high oil prices and the Climate Change Conference, and the government has operated the 'Renewable Portfolio Standard' (RPS) as one of the renewable energy policy from 2012. By analyzing the operation case of combined heat and power plant using the woodchip biomass, we drew the price of wood chip fuel, plant capacity factor, electricity selling price, heat selling price and LCOE value. After analyzing the economic feasibility of 3MWe combined heat and power plant based on the operating performance, the minimum of economic feasibility has appeared to be secured according to the internal rate of return (IRR) is 6.34% and the net present value (NPV) is 3.6 billion won as of 20 years life time after installation, and after analyzing the cases of the economic feasibility of the price of wood chip, plant capacity factor, electricity and heat selling price are changed, the economic feasibility is valuable when the price of wood chip is over 64,000 won/ton, NPV is minus, and the capacity factor is above 46.9%, the electricity selling price is 116 won/kWh and the heat selling price is above 75,600 won/Gcal. When going over the new installation hereafter, we need the detailed review of the woodchip storage and woodchip feeding system rather than the steam-turbine and boiler which have been inspected many times, the reason why is it's hard to secure the suitable quality (constant size) of woodchip by the lack of understanding about it as a fuel because of the domestic poor condition and the calorific value of woodchip is seriously volatile compared with other fuels.

ELiSyR: Efficient, Lightweight and Sybil-Resilient File Search in P2P Networks

  • Kim, Hyeong-S.;Jung, Eun-Jin;Yeom, Heon-Y.
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • 제4권6호
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    • pp.1311-1326
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    • 2010
  • Peer-to-peer (P2P) networks consume the most bandwidth in the current Internet and file sharing accounts for the majority of the P2P traffic. Thus it is important for a P2P file sharing application to be efficient in bandwidth consumption. Bandwidth consumption as much as downloaded file sizes is inevitable, but those in file search and bad downloads, e.g. wrong, corrupted, or malicious file downloads, are overheads. In this paper, we target to reduce these overheads even in the presence of high volume of malicious users and their bad files. Sybil attacks are the example of such hostile environment. Sybil attacker creates a large number of identities (Sybil nodes) and unfairly influences the system. When a large portion of the system is subverted, either in terms of the number of users or the number of files shared in the system, the overheads due to the bad downloads rapidly increase. We propose ELiSyR, a file search protocol that can tolerate such a hostile environment. ELiSyR uses social networks for P2P file search and finds benign files in 71% of searches even when more than half of the users are malicious. Furthermore, ELiSyR provides similar success with less bandwidth than other general efforts against Sybil attacks. We compare our algorithm to SybilGuard, SybilLimit and EigenTrust in terms of bandwidth consumption and the likelihood of bad downloads. Our algorithm shows lower bandwidth consumption, similar chances of bad downloads and fairer distribution of computation loads than these general efforts. In return, our algorithm takes more rounds of search than them. However the time required for search is usually much less than the time required for downloads, so the delay in search is justifiable compared to the cost of bad downloads and subsequent re-search and downloads.

기술지주회사 연구동향과 기업성과 향상을 위한 제언 : Project Management Office(PMO) 도입을 중심으로 (Research Trends of Technology Holding Companies and Suggestions for improving Corporate Performance : Focusing on the introduction of PMO)

  • 이강오;이찬호
    • Journal of East Asia Management
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    • 제4권1호
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    • pp.53-77
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    • 2023
  • Modern company faces an uncertain future and a competitive environment and are seeking new technologies and creative products to ensure the corporate growth and survival in the market through continuous innovation. "University Industry Cooperation(UIC)" is a point of contact for overcoming the crisis faced by companies and universities in this era and a cooperation platform for mutual prosperity. As a subsidiary of a university, "Technology Holding Company(THC)" is attracting attention as a new window for UIC in Korea. The role of THC is to establish and foster the business opportunities of their subsidiaries and to return investment profits to the university ecosystem again. But recently, the life cycle of technology is getting shorter, and the development cost is steadily increasing. In particular, with the increase of hybrid projects based on convergence and combination, the risk of conducting research(R&D) and new product development(NPD) projects is gradually increasing. A PMO refers to a project management organization that can contribute to improving the success rate of projects with increasing uncertainty by supporting project visibility and appropriate decision-making. The purpose of this study is to raise a research question on whether THC's corporate performance can be improved when "Project Management System(PMO Service)" is introduced into the subsidiary incubation system of THC. This study proposes several research methods to identify the relationship between the introduction of PMO and the corporate performance of THC.

광대역의 저지대역을 갖는 부채꼴 형태의 개방형 스터브를 이용한 저역통과 여파기 (A Low-pass Filter with Wide-stop Band Using Radial-shaped Open Stub)

  • 윤기철;김성철
    • 한국정보통신학회논문지
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    • 제20권7호
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    • pp.1237-1242
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    • 2016
  • 본 논문은 병렬 결합선로(coupled-line)와 부채꼴(radial) 개방형 스터브(stub)를 이용한 고조파가 억압된 저역통과 여파기에 대해 제안을 한다. 본 제안한 저역통과 여파기의 특징은 병렬 결합선로의 구조 때문에 고조파가 광대역으로 억압되었다는 결과를 얻을 수 있었다. 저역통과 여파기의 개방형 스터브는 부채꼴로 구성되어 있으며 이는 여파기의 크기를 조절 할 수 있다. 제안한 저역통과 여파기의 크기는 $6.98{\times}7.60mm2$이며 차단 주파수는 2.45 GHz 이다. 분포정수소자(distributed element)로 구성되어 있어 단가면에서 경제적이고 제작이 쉬우며 대량 생산이 가능한 이점이 있다. 또한 광대역 고조파 억압에 대한 대역폭은 128 %이며 여파기의 삽입 및 반사 손실은 각각 1.07 dB 및 19.5 dB를 얻었다.