• Journal of the Korean Society for Railway
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• v.9 no.4 s.35
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• pp.441-448
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• 2006

Following the recent privatization of the UK railway system there has been an increase in the volume of rail freight. It. Influential factors include the problem of road congestion, and policies towards increasing grants. With a focus on grants (government subsidies), this paper examines changes in rail freight, and the tasks facing the UK railway. I attempt to explain recent trends in rail freight grants and changes that have positively influenced the rail freight. In particular, I demonstrate the trends in rail freight and scheme which link the government and industry. Moreover, I explain the grants scheme and method of calculation, concisely. Finally I reveal the characteristics of UK rail grants scheme. In this paper, I argue that grants have played an important role of in the development of freight and that rail freight is more environment friendly than road transport. This paper have a many important aspects. Namely, an account of the introduction of the grant scheme of UK. Also, I explore the method of calculation of these grants. It will give some lessons for Korea rail. In conclusion, I note some suggestions and those problems which impede the freight transport. In future, the problems of some of these problems should be addressed, For example, the lack of infrastructure and development of an adequate train time schedule in case of rail freight have to be improved.

• Korean Chemical Engineering Research
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• v.50 no.2
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• pp.277-281
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• 2012

This work is concerned with a plan for preventing accidents of CO gas leak from gas boilers, involving the enforcement of installations of both CO alarm system and condensing boilers, and financial support of government grants. If amongst 1,460,000 beneficiaries of basic livelihood security, one million households in use of gas boilers receive 3-year support of 200,000 won, the difference of prices between common and condensing boilers, the government grants would be 2,000 billion won. If 3 million common householders are in 3-year support of 100,000 won, government grants would be 3,000 billion won. Therefore, 3-year grand total of government grants would be 5,000 billion won. Finance for government grants can be purveyed from energy saving; yearly 2,000 billion won of energy saving by enforcing to replace one million existing boilers with condensing boilers, leading to 2 trillion won of energy saving for 10 years. In this way, 6,000 billion won of 3-year grand total of government grants for CO alarm system and condensing boilers can be purveyed. The rest amount would be fundraised for energy savings. We claim that our proposal can make an achievement of more than 50% reduction of CO leak accidents during 10 years.

• Korean small business review
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• v.42 no.4
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• pp.309-326
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• 2020

There often is information asymmetry between start-ups and the investors, which is because start-up companies in the early stages do not have track records. Meanwhile, since the government grants programs go through a fair and the intense competition process, the government grants can provide a more objective information for start-ups in the early stages and perform a signal function that guarantees a company's capabilities and potential. This study confirms the quantitative relationship between government grants and investment attraction by using the hurdler model. We found that, although there is the proportionate relationship between the scale of government grants and that of external funds, more than a certain amount of government grants is required for technology-based start-ups to exceed the stage of attracting their first external funds. Our findings suggest that it is necessary to consider the hurdles structure in the study of signaling theory perspective, as the mechanisms for determining whether or not to attract external funds are different from determining the level of external funds. In addition, differentiated policy support is needed to help early-stage technology start-ups go beyond the threshold of investment attraction-the creation of a 'threshold effect'.

• Journal of the Korea Society of Computer and Information
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• v.25 no.12
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• pp.333-339
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• 2020

This study investigated the determinants of debt ratio in public institutions. For this purpose, we analyzed the impact of external and internal factors on debt ratio. In this paper, external factors included government grants and deficits compensation, and internal factors included inefficient management. The results of this study are as follows. First, we find that there is a significant positive relation between government grants and debt ratio. This result means that the higher government grants, the higher debt ratio. Second, we also find that there is a significant positive relation between deficits compensation and debt ratio. This implies that the institutions subject to deficits compensation have higher debt ratio. Third, we can not find a significant relation between welfare benefit and debt ratio. This finding implies that inefficient management is not a factor on debt ratio of public institutions. The results documented in this paper provide important policy implications for investigating the determinants of debt ration in public institutions.

• Korean Journal of Health Education and Promotion
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• v.30 no.4
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• pp.1-7
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• 2013

Objectives: This paper reviews the integrated health promotion program in health center to analyse the problems and to provide the future directions aiming to health promotion block grants. Methods: The guidebook for the integrated health promotion program published by the Minister of Health and Welfare were reviewed in this study. And also the empirical results and theoretical considerations were used in making future directions. Results and Conclusion: This paper suggested four improvement directions as follows; first, the legal review committee is needed to approve when the central government change the way of health promotion program in health center. Second, the required programs should be replaced by an integrated outcom evaluation indicators. Third, the central government should strengthen the capacity of local government. And finally, visiting training should be conducted each health center.

• Korean Journal of Social Welfare
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• v.61 no.2
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• pp.61-84
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• 2009

There has been a continuous debate on decentralization of welfare. The proponents of decentralization argue that it will enhance the autonomy of local governments and the efficiency in the provision of service. However, the opponents argue that it will lead to the welfare reduction and the increased inequality among localities. This study attempts to deal with the question, focusing on the evaluation of decentralization reform of Roh Government. The main results are as follows: After the decentralization, local governments has undergone hardships in financing the welfare service, while there is no clear evidence that the local autonomy has enhanced. In respect of fiscal role-sharing, local duties has significantly increased because of the insufficient grants-in-aid for decentralization and inappropriate formula in assessing the grants. In respect of functional role-sharing, the decreased role of central government made it difficult for local governments to provide enough residential institution for the elderly and the disabled. To improve the decentralization reform, deliberate reclassification is needed to decide which item should be transferred to localities. Regarding the characteristic of the projects, social services could be transferred in the long run, while central government should take more responsibilities for the income guarantee and protection for the disadvantaged.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.17 no.6
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• pp.39-50
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• 2022

Based on the signaling theory, this study examined whether startups are more likely to attract venture investment when receiving government R&D subsidies. First, we reviewed previous studies of the investment decision-making process of venture capitalists and understood the conditions that influence investment decisions. Based on previous studies on the signal effect of government subsidies, particularly government R&D grants, on inducing private fund investment, this study revealed a mechanism to induce venture investment by startups. In addition, in order to verify whether government R&D subsidies have the effect of inducing venture investment, an empirical analysis was conducted based on data from startups under seven years and certified as a venture companies in 2021. This paper used PSM(Propensity Score Matching) method and DID(Difference In Difference) analysis for an empirical study to analyze the average treatment effect on the treated group(beneficiary startups of government R&D grants). As a result of empirical analysis, companies that receive more government R&D subsidies after starting a business are more likely to attract venture investment. From two to three years after conducting the first government R&D project, startups that received government R&D grants attracted more venture investment than those that did not. The results of this paper demonstrate that government R&D projects can also affect the venture investment ecosystem, giving policy implications to government R&D projects targeting startups. It is also expected to suggest strategic implications to startups that need new funding.

• Journal of Korean Society of Rural Planning
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• v.15 no.4
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• pp.51-57
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• 2009

The regional development methods, which had carried out in the rural area had many legal and systematic problems in establishing plans for the region itself, and in finding and practicing various business. Recently, new government revised the budget system and introduced the block grants system to overcome this limitation. Due to this, plans and enforcements of subsequent rural development projects are expected be a significant change. The study suggests the 'theme cluster development' method for accomplishing the regional specialization and competitiveness and examines the procedure of application in practice through the regional development plan of Sunchang-gun, Jeonbuk province.

• Asia-Pacific Journal of Business
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• v.11 no.4
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• pp.177-188
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• 2020

Purpose - The purpose of this study was to examine the effect of government R&D programs on firm innovation activities. Design/methodology/approach - This study analyzed survey data on innovation survey in Korea. To investigate our research hypothesis we used ordered logit regression analysis. Findings - This study unveils different effects of diverse government R&D programs on firm innovation activities. Most of government programs-R&D tax incentives, information/training, and marketing supports-have positive effects on management innovation activities and negative effects of the usage of procurement programs on management innovation efforts. Some government programs-R&D tax incentives, R&D grants, information/training-have positive effects on technological innovation activities. Research implications or Originality - This paper investigates the effects of diverse government R&D programs on technological and management innovation activities. We examine simultaneous effects of multiple government R&D programs rather than effects of independent R&D programs. This result can contribute to develop more effective government R&D programs to support firm innovation activities.

• Korean Journal of Social Welfare Studies
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• v.40 no.3
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• pp.99-124
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• 2009

This study investigates the problems of welfare decentralization reform implemented by Roh Mu-Hyun Administration and examines a policy direction for improving the decentralization. The reform has caused various problems. Local governments have suffered from heavy financial burden. Some social services, devolved into local governments, have not adequately provided as before. In addition, fiscal disparity among localities has increased. To deal with these problems, experts have proposed several plans, such as restoring the devolved programs to national subsidy programs, inventing a new social welfare grant, or introducing block grants. This study suggests that some of the devolved welfare programs should be restored to the national subsidies, since they cannot be maintained properly by local governments. Also, we need to adjust financial responsibilities between the central and local government in the national subsidy programs. Introducing block grant can be one satisfying solution to enhance local autonomy while maintaining the financial responsibility of central government. In some national subsidy programs, the financial contribution by the central government should be increased to alleviate financial burden of local governments.