• Title/Summary/Keyword: IS Exploitation

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The Study on the Balance of Ambidextrous Strategy of Exploration and Exploitation for Startup Performance (조직의 탐색과 활용에 대한 양손잡이 전략의 균형이 스타트업 성과에 미치는 영향)

  • Choi, Sung Chul;Lee, Woo Jin
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.16 no.6
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    • pp.131-144
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    • 2021
  • The organizational ambidexterity is an organizational strategy designed to pursue exploration activities to seize new opportunities and exploitation activities to efficiently use resources. Most of these ambidextrous structures have been studied for large corporations with slack resources, and there are still not many studies on the necessity of an ambidextrous structure for startups with relatively low-level resources. However, recently, the startup ecosystem is being advanced globally, and the amount of VC investment is rapidly increasing. This is a time when a lot of venture fund is invested in startups and a startup-friendly environment for rapid growth is created. This is the time to discuss the necessity and applicability of an ambidextrous organizational structure for startups. Therefore, this study conducted a hypothesis test whether the importance and necessity of balance that startups solving market problems with new ideas and utilizing accumulated resources have. To conduct this study, we analyzed 140 startups data gathered from the survey and the moderation effect was also analyzed. As a result of the study, it was verified that the balance of startup exploration and exploitation had a significant effect on startup performance, and the moderating effect of environmental dynamics was found to have a significant effect on the relationship with non-financial performance. Therefore, for startups with insufficient resources, it was concluded that the surplus resources generated in the process of a firm's growth should be effectively utilized and the balance between exploration and exploitation should be balanced from the initial stage of searching for a new business. In other words, it was confirmed that it is important for continuous growth and survival to seek the structure of an ambidextrous organization in order to internalize a mechanism that enables startups to pursue both effectiveness and efficiency in the long term. This study suggests a strategic direction for the growth of startups from the perspective of organizational structure. We expect that this meaningful results on the relationship between the ambidextrous capabilities of startups and performance contribute to the growth of startups in the rapidly growing startup venture environment.

Janus's Two Faces: SME's Performance Through Ambidextrous Organization Capabilities (야누스(Janus)의 두 얼굴: 조직의 양손잡이 역량을 통한 중소기업의 성과관리)

  • Choi, Yoon Jeoung;Lee, Woo Jin;Oh, Hye Mi
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.15 no.1
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    • pp.197-208
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    • 2020
  • The firms must perform both exploitation activities that efficiently use current resources and exploration activities that capture new opportunities. A company that simultaneously performs two opposite attributes, exploitation and exploration activities, is called an 'Ambidexerity Organization' or 'Organizational ambidexterity', which is called the Ambidextrous organization. This study examines whether the key factors of entrepreneurial orientation affect a firm's performance using two-handed strategies, and empirically analyzes the moderating effects of environmental dynamics. The results show that the entrepreneurial orientation has a significant effect on a firm's performance in the Ambidextrous organization. In addition, the moderating effect of environmental dynamics showed a moderating effect on the relationship between entrepreneurial orientation and organizational ambidexterity. This study not only suggests practical implications for SMEs, including venture firms and startups, but also has a significant impact on the relationship between organizational ambidexterity and a firm's performance. It is expected to make academic contributions by introducing variables and analyzing influential relationships.

A Comparative Study between Space Law and the Law of the Sea (우주법과 해양법의 비교 연구)

  • Kim, Han-Taek
    • The Korean Journal of Air & Space Law and Policy
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    • v.24 no.2
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    • pp.187-210
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    • 2009
  • Space law(or outer space law) and the law of the sea are branches of international law dealing with activities in geographical ares which do not or do only in part come under national sovereignty. Legal rules pertaining to the outer space and sea began to develop once activities emerged in those areas: amongst others, activities dealing with transportation, research, exploration, defense and exploitation. Naturally the law of the sea developed first, followed, early in the twentieth century, by air law, and later in the century by space law. Obviously the law of the sea, of the air and of outer space influence each other. Ideas have been borrowed from one field and applied to another. This article examines some analogies and differences between the outer space law and the law of the sea, especially from the perspective of the legal status, the exploration and exploitation of the natural resources and environment. As far as the comparisons of the legal status between the outer space and high seas are concerned the two areas are res extra commercium. The latter is res extra commercium based on both the customary international law and treaty, however, the former is different respectively according to the customary law and treaty. Under international customary law, whilst outer space constitutes res extra commercium, celestial bodies are res nullius. However as among contracting States of the 1967 Outer Space Treaty, both outer space and celestial bodies are declared res extra commercium. As for the comparisons of the exploration and exploitation of natural resources between the Moon including other celestial bodies in 1979 Moon Agreement and the deep sea bed in the 1982 United Nations Convention on the Law of the Sea, the both areas are the common heritage of mankind. The latter gives us very systematic models such as International Sea-bed Authority, however, the international regime for the former will be established as the exploitation of the natural resources of the celestial bodies other than the Earth is about to become feasible. Thus Moon Agreement could not impose a moratorium, but would merely permit orderly attempts to establish that such exploitation was in fact feasible and practicable, by allowing experimental beginnings and thereafter pilot operations. As Professor Carl Christol said until the parties of the Moon Agreement were able to put into operation the legal regime for the equitable sharing of benefits, they would remain free to disregard the Common Heritage of Mankind principle. Parties to one or both of the agreements would retain jurisdiction over national space activities. In so far as the comparisons of the protection of the environment between the outer space and sea is concerned the legal instruments for the latter are more systematically developed than the former. In the case of the former there are growing tendencies of concerning the environmental threats arising from space activities these days. There is no separate legal instrument to deal with those problems.

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Analysis of stress distribution around tunnels by hybridized FSM and DDM considering the influences of joints parameters

  • Nikadat, Nooraddin;Marji, Mohammad Fatehi
    • Geomechanics and Engineering
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    • v.11 no.2
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    • pp.269-288
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    • 2016
  • The jointed rock mass behavior often plays a major role in the design of underground excavation, and their failures during excavation and in operation, are usually closely related to joints. This research attempts to evaluate the effects of two basic geometric factors influencing tunnel behavior in a jointed rock mass; joints spacing and joints orientation. A hybridized indirect boundary element code known as TFSDDM (Two-dimensional Fictitious Stress Displacement Discontinuity Method) is used to study the stress distribution around the tunnels excavated in jointed rock masses. This numerical analysis revealed that both the dip angle and spacing of joints have important influences on stress distribution on tunnel walls. For example the tensile and compressive tangential stresses at the boundary of the circular tunnel increase by reduction in the joint spacing, and by increase the dip joint angle the tensile stress in the tunnel roof decreases.

An Improved Particle Swarm Optimization for Economic Dispatch Problems with Prohibited Operating Zones (경제급전 문제에의 개선된 PSO 알고리즘 적용)

  • Jeong, Yun-Won;Lee, Woo-Nam;Kim, Hyun-Houng;Park, Jong-Bae;Shin, Joong-Rin
    • Proceedings of the KIEE Conference
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    • 2007.07a
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    • pp.850-851
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    • 2007
  • This paper presents an efficient approach for solving the economic dispatch (ED) problems with prohibited operating zones using an improved particle swarm optimization (PSO). Although the PSO-based approaches have several advantages suitable to the heavily constrained nonconvex optimization problems, they still have the drawbacks such as local optimal trapping due to the premature convergence (i.e., exploration problem) and insufficient capability to find nearly-by extreme points (i.e., exploitation problem). This paper proposes an improved PSO framework adopting a crossover operation scheme to increase both exploration and exploitation capability of the PSO. The proposed method is applied to ED problem with prohibited operating zones. Also, the results are compared with those of the state-of-the-art methods.

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Bubble breakup dynamics and flow behaviors of a surface-functionalized nanocellulose based nanofluid stabilized foam in constricted microfluidic devices

  • Wei, Bing;Wang, Yuanyuan;Wen, Yangbing;Xu, Xingguang;Wood, Colin;Sun, Lin
    • Journal of Industrial and Engineering Chemistry
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    • v.68
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    • pp.24-32
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    • 2018
  • Nanocellulose was surface-functionalized toward the applications in enhanced oil recovery (EOR) as a green alternative. The focus of this paper is on the effect of this material based nanofluid (NF) on foam lamella stabilization through studying its bubble breakup dynamics and flow behaviors in constricted mircofluidic devices. The NF stabilized foam produced an improved flow resistance across the capillary largely due to the capillary trapped bubbles at the contraction. The "snap-off" caused the NF stabilized foam to produce finer textured bubbles, which can migrate readily forward to the deep porous media, as revealed by the pressure profiles.

Automatic Recognition of Geological and Geomorphological Forms from Digital Elevation Models (DEM) in the Exploitation of Data from SPOT

  • Kim, Youn-Jong
    • Korean Journal of Remote Sensing
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    • v.3 no.2
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    • pp.121-141
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    • 1987
  • Many techniques of image processing have been developed to analyse more precisely geological information obtained from satellites. SPOT, which is a recent project in France, will furnish stereoscopic image, with good resolution of surfaces(20m $\times$ 20m or 10m $\times$ 10m), and give altitudes(DEM) which can be restored automatically. One of the researches for the exploitation of this data, intends to recognize and distinguish automatically the geomorphological forms, containing important geological information from DEM. Along which the information obtained obtained from image processing, it will play an important role in the understanding of the surface of the terrain. This study was carried out in collaboration with University of Paris-6 and Ecole National des Sciences G$\'{e}$ographiques(Institute G$\'{e}$ographique National of France: IGN).

Mechanical behavior of coiled tubing over wellhead and analysis of its effect on downhole buckling

  • Zhao, Le;Gao, Mingzhong;Li, Cunbao;Xian, Linyun
    • Steel and Composite Structures
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    • v.44 no.2
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    • pp.199-210
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    • 2022
  • This study build finite element analysis (FEA) models describing the bending events of coiled tubing (CT) at the wellhead and trips into the hole, accurately provide the state of stress and strain while the CT is in service. The bending moment and axial force history curves are used as loads and boundary conditions in the diametrical growth models to ensure consistency with the actual working conditions in field operations. The simulation diametrical growth results in this study are more accurate and reasonable. Analysis the factors influencing fatigue and diametrical growth shows that the internal pressure has a first-order influence on fatigue, followed by the radius of the guide arch, reel and the CT diameter. As the number of trip cycles increase, fatigue damage, residual stress and strain cumulatively increase, until CT failure occurs. Significant residual stresses remain in the CT cross-section, and the CT exhibits a residual curvature, the initial residual bending configuration of CT under wellbore constraints, after running into the hole, is sinusoidal. The residual stresses and residual bending configuration significantly decrease the buckling load, making the buckling and buckling release of CT in the downhole an elastic-plastic process, exacerbating the helical lockup. The conclusions drawn in this study will improve CT models and contribute to the operational and economic success of CT services.

The effect of ambidextrous strategic balance on the management performance of venture businesses (양손잡이 전략균형이 벤처기업 경영성과에 미치는 영향)

  • Se-jong Yoo;Yong-seok Cho;Woo-hyoung Kim
    • Korea Trade Review
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    • v.48 no.1
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    • pp.83-126
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    • 2023
  • The revenue histogram of venture businesses is shifting from bell-shaped normal distribution to power-law distribution, which implies that the fitness landscape of the venture businesses ecosystem is changing to be more rugged terrain. We argue that the firm should adopt both exploitation (fast follower) and exploration (or first mover) strategies not to get stuck in local maxima in the rugged fitness landscape from the complex system perspective. By designing and performing agent-based modeling simulation experiments which consist of three types of agents (new technologies, entrepreneurs, and consumers), we demonstrated that the ambidexterity strategy showed the highest performance score in three of four different environment except 'Fast Widening' case where the exploitation strategy showed the highest performance score under low technology appropriation and fast disruptive technology development speed. By investigating the financial and other statistics of 617 top venture businesses who have earned 100B won or higher annual revenue, we concluded that 82% and 9% of firms are bent on the exploitation and exploration strategy.

Current Status of Response to Digital Child Sexual Slavery and Comparative Analysis of Overseas Crime Prediction System Using Artificial Intelligence (디지털 아동 성착취 대응현황과 해외 인공지능 범죄 예측 시스템 비교분석)

  • Kim, Hyejin
    • Journal of Digital Convergence
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    • v.18 no.7
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    • pp.357-368
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    • 2020
  • This study identifies the aspects and characteristics of 'Digital Sexual Crimes' that changed rapidly in recent years. It has identified the so-called "Telegram sexual harassment and exploitation" incident on the front page. We also want to analyze this and draw up policy suggestions that can help prepare social measures. In the wake of the Telegram sexual exploitation scandal, The National Assembly is quickly proposing related bills. However, the reality is that even a clear concept and definition of "Digital sexual Crimes" have not been made yet. The effective support system for victims is also insufficient. Therefore, this paper examines the definition and concept of child sexual exploitation and harassment. We will look at the features, causes, and conditions. In addition, it will examine the current status of Digital Sexual Crimes distribution and deletion of domestic, foreign platforms. Major foreign countries, including the U. S. A. refer to cases in which big data and artificial intelligence technologies are actively used to protect victims and track perpetrators.