• Title/Summary/Keyword: Economic viability

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Web-system development for the feasibility of national road

  • Park, T.;Shin, E.;Kang, T.;Park, W.;Lee, Y.
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.698-699
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    • 2015
  • For last three years, our research team have conducted the project named "Development of construction project management technology based on BIM/GIS platform. "We developed construction cost estimation system as well as 3D modeling engine at the first two year and established a web-system which could estimate the benefits of the project and further analyze the economic and financial feasibility of the project. This paper mainly focused on the functions and specifications of web-system. The system was composed of two modules: economic feasibility estimation module and financial feasibility estimation module. While the economic feasibility estimation module determines economic feasibility of the project based on traffic demand forecasting from the public's perspective, the financial feasibility estimation module determine financial viability of the project using toll fee of the road from private entity's perspective. Compared with traditional feasibility study, the proposed system provide users with better flexibility which can make users easily to validate the project upon the change of project environments. The system was also verified with an already accomplished project. The verification showed that proposed system could provide satisfactory accurate results with reduced time and resources.

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A Study on the Conservation of Biodiversity by the Ecological Economic Numerical Model (생태경제수치모형에 의한 생물다양성 보존에 관한 연구)

  • Kim, Byung-Nam
    • The Journal of the Korea Contents Association
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    • v.22 no.6
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    • pp.629-637
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    • 2022
  • It is at risk of depletion of biodiversity due to indiscriminate overfishing of ecosystems and destruction of habitats. Intensive fertilizers or development of related facilities to increase agricultural production in poor indigenous areas devastate the soil. Preservation of biodiversity is now emerging as an important issue of global human coexistence. After the Post-2020 GBF Declaration, all governance in agricultural development in indigenous agricultural areas should be supported and promoted as biodiversity conservation measures. A compromise plan to reduce ecosystem development and biodiversity loss can help establish public governance policies. In this paper, a viability kernel used for viable control feedback analysis is introduced to solve conflicting economic and ecological problems in ecosystem conservation, and a mathematical model on biodiversity conservation by the viability kernel is examined. Because all species in the ecosystem are interdependent, if the balance is broken, biodiversity is depleted, which is irreversible and eventually leads to extinction. For sustainable use and harmony of biological resources, a lot of policy consideration is required, such as creative governance that can efficiently protect all species. Subsidies or tax incentives have a direct impact on biodiversity conservation. The recovery of species in a state of decreasing biodiversity can be said to be of great economic value. Biodiversity will allow indigenous producers to be proud of their unique traditional knowledge and have a positive impact on local tourism, thereby enhancing regional identity and greatly contributing to the survival and prosperity of mankind.

The Viability of Manufacturing Industrial Districts in the City Center of Metropolis: The Handmade Shoes Industry in Daegu (대도시 도심 제조업 집적지의 형성과정과 존립기반: 대구시 수제화 산업을 사례로)

  • Lee, Chul-Woo
    • Journal of the Economic Geographical Society of Korea
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    • v.14 no.4
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    • pp.506-523
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    • 2011
  • Since the 1990s, the handmade shoes industrial agglomeration district has formed in the city center, Hyangchon-dong, Jung-gu in Daegu. This paper aims to examine the formation process, to analyze the viability, and to propose policy implications of manufacturing industrial districts in a city center through studying this industrial district. The district's creation began as the result of the dissolution of local production and marketing system of handmade shoes in the 1980s, the excellent accessibility of the location and an inexpensive rent. The district's core viability lies in the external economies derived from local networks through social divisions of labor of production and marketing systems. Because of the lack of organizers of the social division of labor and 'integrated production system done by single business', the effect of external economies created by the social division of labor is limited. To get over this limitation, the district should to be restructured into a 'cultural street of leather crafts' as a part of 'making modern historical and cultural belt' programs within Daegu downtown regeneration policies. To support the restructuring, public assistant measures such as the establishment of a corporate services center should be strengthened.

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A Study on Strategy aginst Public Oppositon for Unwanted Facilities Siting (기피(혐오)시설 입지에 관한 주민저항의 원인과 그 대책에 관한 연구)

  • 박재홍;박철수;전일수;김승우
    • Journal of the Korean Regional Science Association
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    • v.10 no.1
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    • pp.89-104
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    • 1994
  • Recently, environmental issues have remained high on the agendas of public discussion and economic research. In the case of Korea, democratic movement in the late 80's centered people's concerns on the environmental dispute according to landfill, correctional institution, crematory, and nuclear powerplant, etc., Moreover, the failure to provide these kinds of facilities in time have caused serious social problems associated with environmental protection and economic development. The purposes of this paper are threefolds. First, they organize foreign and domestic NIMBYS case studies which have been settled in a desirable way. The second concern is to analyze the consciousness of NIMBYS resident by making up a questionnaire. Third, they estimate the market values of urban unwanted facilities by employing CVM(Contingent Valuation Method) procedure. The results of the study have a double implication : that NIMBYS resident are reluctant to accept government mechanical compensation based on simple published land values, and that unique concensus to preserve the viability and healthfulness of our environment among three main bodies: residents, people, government is necessary in solving NIMBYS subjects in Korea. In addition, this first implication develops to emphasize the intrduction of releveant measures taken to reconcile NIMBYS disagreement, which are complete openness of government policies, full support of local economic development, and perfect management of pollution protection systems for NIMBYS facilities.

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Preliminary Economic Analysis for H2 Transportation Using Liquid Organic H2 Carrier to Enter H2 Economy Society in Korea (수소경제사회 실현을 위한 액체 유기 수소캐리어를 이용한 수소 수송 관련 예비 경제성 평가)

  • LEE, BOREUM;LEE, HYUNJUN;MOON, CHANGHWAN;MOON, SANGBONG;LIM, HANKWON
    • Transactions of the Korean hydrogen and new energy society
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    • v.30 no.2
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    • pp.119-127
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    • 2019
  • Reliable $H_2$ supply is necessary for entering a $H_2$ society. Among the various $H_2$ storage and transportation methods, liquid organic $H_2$ carrier (LOHC) is in the spotlight because of a lot of advantages compared to conventional one such as compressed $H_2$ and liquefied $H_2$. Therefore, we performed preliminary economic analysis of $H_2$ supply cost using LOHC for a $H_2$ production capacity of $300Nm^3\;h^{-1}$ employing itemized cost estimation and sensitivity analysis to evaluate economic viability of this technology in Korea.

태양열 난방의 계절에 따른 에너지 저장

  • BRAUN J. E.;KEEIN S. A.;MITCHELL J. W.
    • The Magazine of the Society of Air-Conditioning and Refrigerating Engineers of Korea
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    • v.12 no.2
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    • pp.101-113
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    • 1983
  • 논문은 물을 저장물질로 사용하는 공간난방에 있어서의 seasonal storage의 몇 가지 중요한 문제연구하고 있다. 집열기 면적과 저장체적 그리고 시스템 성능간의 관계를 transient simulation program(TRNSYS)을 사용하여 조사하였다. 여기서 seasonal storage의 가장 일어나기 쉬운 상태가 나타내어지는데 seasonal storage system의 설계에 특히 역점을 두고 있다. 이러한 설계방법은 몇 일간에서 seasonal storage에 이르는 seasonal pacity (저장용량)에 대하여 적용되어진다. 비용과 관련하여 이러한 설계방법은 seasonal storage system 경제성 (economic viability)을 추정하는데 유용할 것이다. 또한 시스템 설계에서 부하 열기의 크기 탱크단열 집열기 경사 매년 기후변화의 중요성이 조사되고 있다.

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Commercial Aspects of Ubiquitous Contents Access Technologies : User Perspective Analysis using QFD (사용자 관점 UCA 기술 경제성 분석 : QFD 응용)

  • Han, Hyun-Soo;Park, Eun-Young;Kim, Kwang-Yong;Park, Sun-Young
    • Korean Management Science Review
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    • v.23 no.2
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    • pp.59-74
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    • 2006
  • In this paper, we investigated economic viability of UCA (Ubiquitous Contents Access) technologies from user adoption perspective. UCA technologies are expected to 9et embedded into media and telecom merging services. Embracing new technologies such as UCA technologies, forged through an industry convergence, means opting for a technological innovation that will have technological as well as economic and strategic implications. As such, we adopted user perspective innovation adoption theories to explore key antecedents affecting consumer acceptance of these emerging technologies. Subsequently. using QFD (Quality Function Deployment) method, the impacts of UCA technical functions on user's perceived value enhancements are estimated. The QFD analysis result indicates that the new UCA service technologies could achieve about 42% enhancement on user perceived adoption intention compared to existing digital contents service technologies. The proposed analysis framework and findings suggests significant insights for further research.

Economic Scheduling of Multiple Feedstock Biogas Production Systems on Two Identical Digesters (두 개의 동일한 소화조로 이루어진 메탄가스 생산체제의 경제적 운영에 관한 연구)

  • Gim, Bong-Jin
    • Journal of the Korean Operations Research and Management Science Society
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    • v.15 no.1
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    • pp.37-46
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    • 1990
  • Biomass to methane production is a good supply of substitutable energy resources. The economic viability of these systems depends a great deal on cost effective production methods and facilities. The operational problem is to determine the time eto allocate to each batch of several feedstocks for each digester and to determine the number of batches for each digester so as to maximize biogas production for two identical digesters over a fixed planning horizon. This paper provides an efficient approximation procedure which is based on decomposition of the problem and the analysis of incremental gas production function for each feedstock. The computational experience for the heuristic procedure was also reported.

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Research Trends and Issues of Industrial Agglomeration in Korean Geography (산업집적에 대한 연구 동향과 과제: 한국지리학 연구를 중심으로)

  • Lee, Chulwoo
    • Journal of the Korean Geographical Society
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    • v.48 no.5
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    • pp.629-650
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    • 2013
  • This study reviews geographical research trends on 'New industrial agglomeration' in Korea and recommends research issues for further studies. Recent studies on industrial agglomeration region have typically concentrated on empirical case studies from new 'perspectives'. As a result, the establishment and theorizing of frameworks for analysis on industrial agglomeration have been given too little attention. To solve this problem research should be conducted to develop frameworks for analysis integrating noneconomic factors and existing economic factors, a strategy emphasized in new industrial agglomeration theory. By doing so, research investigating viability mechanism and generalization will be invigorated. Meanwhile, research focused excessively on social and cultural conditions of region-related networks between actors in economic space at specific scales should be excluded. In addition, academic research on vitalizing industrial agglomeration region, such as cluster policy, should be strengthened. In order to conduct these research objectives effectively, it is necessary to vitalize overall understanding among researchers of industrial agglomeration and provide a place for collaborative learning.

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Theoretical Approach to the Family Business Management (가족기업(Family Business) 경영에 관한 이론적 논의)

  • 문숙재
    • Journal of the Korean Home Economics Association
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    • v.35 no.6
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    • pp.317-334
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    • 1997
  • The purpose of this Study is to theoretically discuss the Family Business. Family Business means a business that is owned and managed by one or more family members. Family Businesses are seen as an avenue to achieve economic security, as motivations for a productive society, and as a method for individuals to receive a monetary return for their talents and initiative. The presence of family business as a predominant business structure in the all of country's economy and their association economic contributions have been documented elsewhere. The overall objectives of this study are to introduce in the Home economics and Home Management field what the Family Business is, concretely to identify the definition of Family Business and related concepts-Home Based Business & Home Based work-, to study the interface of family and business functions within a single family. This study is to examine a clear understanding of the relationship between family functioning and business viability in families who own and operate businesses. Such understanding will be helpful in enhancing the stability and security of families who own and operate business and in developing policies and programs that foster Family Business and assist in their contributions to community and economic development. Also to understand the family and business environments and their interaction can enhance the opportunities and satisfactions for family members who are involved in business together. Results from this study will allow researchers a unique view of the Family business management and will contribute to individual and group well-being in both family and work settings.

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