• Title/Summary/Keyword: Global Construction

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Survival analysis on the business types of small business using Cox's proportional hazard regression model (콕스 비례위험 모형을 이용한 중소기업의 업종별 생존율 및 생존요인 분석)

  • Park, Jin-Kyung;Oh, Kwang-Ho;Kim, Min-Soo
    • Journal of the Korean Data and Information Science Society
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    • v.23 no.2
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    • pp.257-269
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    • 2012
  • Global crisis expedites the change in the environment of industry and puts small size enterprises in danger of mass bankruptcy. Because of this, domestic small size enterprises is an urgent need of restructuring. Based on the small business data registered in the Credit Guarantee Fund, we estimated the survival probability in the context of the survival analysis. We also analyzed the survival time which are distinguished depending on the types of business in the small business. Financial variables were also conducted using COX regression analysis of small businesses by types of business. In terms of types of business wholesale and retail trade industry and services were relatively high in the survival probability than light, heavy, and the construction industries. Especially the construction industry showed the lowest survival probability. In addition, we found that construction industry, the bigger BIS (bank of international settlements capital ratio) and current ratio are, the smaller default-rate is. But the bigger borrowing bond is, the bigger default-rate is. In the light industry, the bigger BIS and ROA (return on assets) are, the smaller a default-rate is. In the wholesale and retail trade industry, the bigger bis and current ratio are, the smaller a default-rate is. In the heavy industry, the bigger BIS, ROA, current ratio are, the smaller default-rate is. Finally, in the services industry, the bigger current ratio is, the smaller a default-rate is.

Influence of Liquidity on the Housing Market before and after Macroeconomic Fluctuations (거시경제변동 전후 유동성이 주택시장에 미치는 영향 분석)

  • Lee, Young-Hoon;Kim, Jae-Jun
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.17 no.5
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    • pp.116-124
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    • 2016
  • In the past, once apartments were built by housing construction companies, their presale went smoothly. Therefore, the developer and construction companies in Korea were extremely competitive in the housing market. However, when the 1997 foreign exchange crisis and 2008 global financial crisis occurred, the quantity of unsold new housing stocks rapidly increased, which caused construction companies to experience a serious liquidity crisis. This paper aims at analyzing the influence of Liquidity on the Housing Market before and after Macroeconomic Fluctuations using VECM. The periods from September 2001 to September 2008 and from October 2008 to October 2015, which were before and after the Subprime financial crisis, were set as Models 1 and 2, respectively. The results are as follows. First, it is important to develop a long-term policy for the housing transaction market to improve household incomes. Second, due to the shortage in the supply of jeonse housing, structural changes in the housing market have appeared. Thus, it is necessary to seek political measures to minimize the impact of transitional changes on the market.

Analysis of Trench Slope Stability in Permafrost Regions According to the Equipment Load (동토 파이프라인 매설공사 시 장비하중에 의한 트렌치 안전성 분석)

  • Kim, Jong-Uk;Kim, Jung-Joo;Lee, Jae-Hyuk;Jafri, Turab H.;Yoo, Han-Kyu
    • Journal of the Korean Institute of Gas
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    • v.21 no.3
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    • pp.17-25
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    • 2017
  • Recently, the need of alternate energy resources is increasing due to the global warming issue. The natural gas buried in the extremely cold regions of Alaska and Siberia is of much interest these days. However, the construction standards are needed to be used in extremely cold regions. Particularly, more research work need to be carried out on the trench stability so that the safety of the workers is ensured and the damage to the construction machinery can also be reduced resulting in smaller construction period. In this study, the process for lowering of the pipelines of 30 and 40 in. diameters in the ground conditions (silt and peat) of Yakutsk, Russia was analyzed. The slopes of the ground surface were considered as $0^{\circ}$, $10^{\circ}$, and $20^{\circ}$ to be excavated in summer and winter. The analysis results show that the weight of pipelayer affects the trench stability. Numerical analysis was performed by considering the types of pipelayers, distance between the trench and pipelayer, and the distance between the pipelayers placed longitudinally along the trench. The results show that as the distance between the pipelayer and the trench decreases, the factor of safety of the slope decreases with an increase in the slope of the ground surface. When the slope of the ground surface was $20^{\circ}$, the breakout surface was anticipated to continue from the pipelayer to the trench boundary. In winter season, stability problem of the trench was not observed when the slope of the ground surface was less than $20^{\circ}$.

Study of flood prevention alternative priorities using MCDM (Multi-Criteria Decision Making) (MCDM을 이용한 홍수방어대안 우선순위 정립에 관한 연구)

  • Lim, Donghwa;Jeong, Soonchan;Lee, Eunkyung;Yi, Jaeeung
    • Journal of Korea Water Resources Association
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    • v.50 no.3
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    • pp.169-179
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    • 2017
  • Recently, due to global warming and climate change in Korea, local heavy storm occurs frequently. In this study, the risky areas for flooding in urban areas are analyzed for flood inundation based on two-dimensional urban flood runoff model (XP-SWMM) focusing on coastal high flood-risk urban areas. In addition, the MCDM (Multi-Criteria Decision Making) technique is utilized in order to establish the flood defense structural measures. The alternative flood reduction method are compared and the optimum flood defense measures are selected. A simulation model was used with three structural flood prevention measures (drainage pipe construction, water detention, flood pumping station). In order to decrease the flooding area, flood assessment criteria are suggested (flooded area, maximum inundation depth, damaged residential area, construction cost). Priorities of alternatives are determined by using compromise programming. As a result, the optimal flood defence alternative suggested for Janghang Zone 1 is flood pumping station and for Janghang Zone 2, 3 are drainage pipe construction.

Predicting Cooperative Relationships between Engineering Companies in World Bank's ODA Projects (세계은행 공적개발원조사업의 엔지니어링 기업 간 협력관계 예측모델 개발)

  • Yu, Youngsu;Koo, Bonsang;Lee, Kwanhoon;Han, Seungheon
    • Korean Journal of Construction Engineering and Management
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    • v.20 no.6
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    • pp.107-116
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    • 2019
  • Korean construction engineering firms want to pave the way for expansion of overseas markets through the World Bank's Official Development Assistance (ODA) projects as a way to improve their overseas project performance. However, since the World Bank project competes with global companies for limited projects, building partnerships with suitable business partners is essential to gain an upper hand in bidding competition and meet the institutional conditions of the recipient country. In this regard, many network studies have been conducted in the past through Social Network Analysis (SNA), but few have been analyzed based on the process of changes in the network. So, This study collected winning data from the three Southeast Asian countries that ended after the World Bank's ODA project performed smoothly, and established a learning-based link prediction model that reflected the dynamic nature of the network. As a result, the 11 main variables acting on building a cooperative relationship between winning companies were derived and the effect of each variables on the probability value of cooperation between individual links was identified.

Scan Matching based De-skewing Algorithm for 2D Indoor PCD captured from Mobile Laser Scanning (스캔 매칭 기반 실내 2차원 PCD de-skewing 알고리즘)

  • Kang, Nam-woo;Sa, Se-Won;Ryu, Min Woo;Oh, Sangmin;Lee, Chanwoo;Cho, Hunhee;Park, Insung
    • Korean Journal of Construction Engineering and Management
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    • v.22 no.3
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    • pp.40-51
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    • 2021
  • MLS (Mobile Laser Scanning) which is a scanning method done by moving the LiDAR (Light Detection and Ranging) is widely employed to capture indoor PCD (Point Cloud Data) for floor plan generation in the AEC (Architecture, Engineering, and Construction) industry. The movement and rotation of LiDAR in the scanning phase cause deformation (i.e. skew) of PCD and impose a significant impact on quality of output. Thus, a de-skewing method is required to increase the accuracy of geometric representation. De-skewing methods which use position and pose information of LiDAR collected by IMU (Inertial Measurement Unit) have been mainly developed to refine the PCD. However, the existing methods have limitations on de-skewing PCD without IMU. In this study, a novel algorithm for de-skewing 2D PCD captured from MLS without IMU is presented. The algorithm de-skews PCD using scan matching between points captured from adjacent scan positions. Based on the comparison of the deskewed floor plan with the benchmark derived from TLS (Terrestrial Laser Scanning), the performance of proposed algorithm is verified by reducing the average mismatched area 49.82%. The result of this study shows that the accurate floor plan is generated by the de-skewing algorithm without IMU.

Hydration Properties of Cement Matrix using Electrolysis Alkaline Aqueous and Ground Granulated Blast Furnace Slag (전기분해 알칼리 수 및 고로슬래그 미분말 혼입 시멘트 경화체의 수화 특성)

  • Jung, Yoong-Hoon;Kim, Ho-Jin;Park, Sun-Gyu
    • Journal of the Korean Recycled Construction Resources Institute
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    • v.9 no.2
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    • pp.185-190
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    • 2021
  • Cement has been used as a main material in the modern construction industry. However, it has been pointed out as a main cause of global warming due to carbon dioxide generated during manufactured. Recently, research that replacing cement substitute to industrial by-products such as Blast Furnace Slag which is by-producted in steelworks. When Blast Furnace Slag is used as a cement substitute, it shows a problem of lower initial strength, which is caused by glassy membrane on the particle surface. In this study, we used Electrolysis Alkaline Aqueous to improve the usability and problem of lower initial strength. As a result of the experiment, cement matrix using Blast Furnace Slag and Alkaline Aqueous showed initial strength and hydrate product were developed than that using general mixing water. Also, as a result of porosity analysis, It was confirmed that cement matrix using Alkaline Aqueous and Blast Furnace Slag has a tighter structure in internal porosity and porosity distribution than using general mixing water.

Development of a Simplified Model for Estimating CO2 Emissions: Focused on Asphalt Pavement (CO2 배출량 추정을 위한 간략 모델 개발: 아스팔트 포장을 중심으로)

  • Kim, Kyu-Yeon;Kim, Sung-Keun
    • Land and Housing Review
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    • v.12 no.2
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    • pp.109-120
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    • 2021
  • Global warming due to increased carbon dioxide is perceived as one of the factors threatening the future. Efforts are being made to reduce carbon dioxide emissions in each industry around the world. In particular, environmental loads and impacts during the life cycle of SOC structures and buildings have been quantitatively assessed through a quantitative method called Life Cycle Assessment (LCA). However, the construction sector has gone through difficulty in quantitative assessment for several reasons: 1) LCI DB is not fully established; 2) the life cycle is very long; 3) the building structures are unique. Therefore, it takes enormous effort and time to carry out LCA. Rather than estimating carbon emissions with accuracy, this study aims to present a simplified estimation model that allows owners or designers to easily estimate carbon dioxide emissions with little effort, given that rapid and rough decisions regarding environmental load reduction are to be made. This study performs the LCA using data from 25 road construction projects across the country, followed by multiple regression analyses to derive a simplified carbon estimation model (SLCA). The study also carries out a comparative analysis with values estimated by performing a typical LCA. The comparison analysis shows an error rate of less than 5% for 16 road projects.

The Effect of ICT Environment on Management Performance -Focusing the Mediating Effects of Organizational Participation- (ICT환경과 경영성과의 관계분석 -조직참여도의 매개효과를 중심으로-)

  • Ryo, Woon-Jong;Kwon, Hyuk-Dae
    • Industry Promotion Research
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    • v.4 no.2
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    • pp.9-18
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    • 2019
  • This study investigated the relationship between ICT environment and business performance. In the case of Korea's major industries, large corporations have already established and operate a considerable level of smart factories, leading the global market. However, SMEs, which account for 95% of the total companies, are not able to build smart factories themselves. Smart factory construction The total number of government-supported enterprises is 4.891 companies (3,984 companies, 907 companies in construction) 2.9% of factories and 97.1% (166,344 companies) There is a big problem to be improved. The result of this study is that the first research objective of this study, which suggests the theoretical system that the will of the manager is most important for the successful establishment of the smart factory, which is part of the corporate innovation to meet the rapidly changing environment. Second, it can be seen that financing for building a smart factory is a key factor in building a smart factory, as well as funding itself. Third, it was found that besides its own technology, technology support for government and external technology consulting support are very important for smart construction. Fourth, organizational participation of internal organizers showed that cooperative and positive positive participation is also a factor of success. As a follow-up study, we analyzed the cause of the company's operation, analyzed the cause of the problem with the 4M1E technique, developed the countermeasures, and compared it before and after the improvement, standardized the improvement and needed further study. It is meaningful that the study provided basic data for building a smart factory through the analysis of the relationship between the ICT environment and business performance of the company.

Analysis of the Behavior Characteristics of Pile Foundations Responding to Ground Deformation (지반 변형 대응형 말뚝 기초의 거동 특성 분석)

  • Lee, Junwon;Shin, Sehee;Lee, Haklin;Kim, Dongwook;Lee, Kicheol
    • Journal of the Korean Geosynthetics Society
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    • v.19 no.4
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    • pp.21-32
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    • 2020
  • As the global large-scale infrastructure construction market expands, the construction of civil engineering structures in extreme environments such as cold or hot regions is being planned or constructed. Accordingly, the construction of the pile foundation is essential to secure the bearing capacity of the upper structure, but there is a concern about loss of stability and function of the pile foundation due to the possibility of ground deformation in extreme cold and hot regions. Therefore, in this study, a new type of pile foundation is developed to respond with the deformation of the ground, and the ground deformation that can occur in extreme cold and hot region is largely divided into heaving and settlement. The new type of pile foundation is a form in which a cylinder capable of shrinkage and expansion is inserted inside the steel pipe pile, and the effect of the cylinder during the heaving and settlement process was analyzed numerically. As a result of the numerical analysis, the ground heaving caused excessive tensile stress of the pile, and the expansion condition of the cylinder shared the tensile stress acting on the pile and reduced the axial stress acting on the pile. Ground settlement increased the compressive stress of the pile due to the occurrence of negative skin friction. The cylinder must be positioned below the neutral point and behave in shrinkage for optimum efficiency. However, the amount and location of shrinkage and expansion of cylinder must comply with the allowable displacement range of the upper structure. It is judged that the design needs to be considered.