• Title/Summary/Keyword: Investment Level in IT

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The Application of Delphi-AHP Method in the Priority of Policies for Expanding the Use of Artificial Intelligence

  • Han, Eunyoung
    • Journal of Internet Computing and Services
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    • v.22 no.4
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    • pp.99-110
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    • 2021
  • Governments around the world are actively establishing strategies and initiatives to spread the use of artificial intelligence (AI), for AI is not a mere new technology, but is an innovative technology that brings about extensive changes in industrial and social structures and is a core engine that will lead the 4th Industrial Revolution. The South Korean government has also been paying attention to AI as a technology and tool for innovative growth, but its application to the industries is still rather sluggish. The government has prepared multifarious AI-related policies with the aim of constructing South Korea as an AI powerhouse, but there is no clear strategy on which detailed policies to implement first and which industries to apply AI preferentially. With these limitations of South Korea's AI policies in mind, this paper analyzed the priorities of industries in AI adoption and the priorities of AI-related national policies, using Delphi-AHP method for 30 top-level AI experts in South Korea. The results of analysis show that AI application is urgent and necessary in the fields of medical/healthcare, public and safety, and manufacturing, which seems to reflect the peak of the COVID-19 crisis in the second half of 2020 at the time of the investigation. And it turns out that policies related to AI talent cultivation, data, and R&D investment are important and urgent above all in order for organizations to apply AI. This suggests that strategies are required to focus limited national resources on these industries and policies first.

Investment Incentive for Capacity Supply in a Period of Introduction of competition (경쟁체제 도입기의 수급안정화를 위한 설비투자 인센티브 설정 연구)

  • Kim, Chang-Soo;Rhee, Chang-Ho;Jin, Byung-Mun
    • Proceedings of the KIEE Conference
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    • 2000.07a
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    • pp.406-408
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    • 2000
  • Recently, Korea's electric industry is in the midst of a period of profound changes in the structure and function, including the introduction of market competition in the generation sector. Therefore, it is difficult to promote long-term capacity planning and new generating capacity construction which have been driven by KEPCO so far, after the introduction of market competition, so new generating capacity construction and security of reserve margin is needed through self·regulation plan of private generation producers by market mechanism. According to the competition in the generation sector, a new paradigm is necessary to the long-term capacity planning driven by the Government. This paper analyzes the plan and the incentive level able to guide the new generation capacity construction considering the uncertainty risk in a period of introduction of competition. In addition, this paper analyzes the plan able to guide the new capacity construction by market function at the stage which market become established and Government's role to solve the anxiety about the capacity supply and demand.

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Cost and Benefits of R&D Tax Concession Program in the Australian Government

  • Moon Yong-Eun;Yoon Joseph
    • The Journal of Information Systems
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    • v.13 no.1
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    • pp.135-159
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    • 2004
  • In industrialised countries, innovation is a key source of economic growth. Rrsearch is a key driver of technological innovation and involves the process of systematic investigation and/or experimentation to discover new knowledge. The Governments'industry innovation policy supports a business focus on Research and Development (R&D) through a range of programs in order to achieve these aims. The Innovation Statement (DISR 2000, 20010, launched by the Australian Prime MinisterJanuary 2001, commits an additional ${\$}$3 billion over five years to encourage and support innovation. The Australian Government aims toworld competitive firms and strong research capability in industry to strengthen Australia's international competitiveness and increase national prosperity. It develops policies and programs to enhance investment in innovation. The Australian Government has established a number of R&D funding support programs aimed at increasing the level of R&D in Australia. The backbone of these programs is the tax concession program, which is made up of the 125 per cent R&D tax concession, the 175 per cent premium tax concession and the tax offset. Over 4000 businesses take advantage of the tax concession scheme, which costs the government around ${\$}$400mi11ion a year. This cost is expected to rise to over hall a billion by 2005-06 (commonwealth or Australia, 2003). Ensuring these resources are invested where they provide significant national economic benefits is a major policy issue. In this sense, this paper looks at the appropriateness, effectiveness and efficiency of the R&D tax concession with costs and benefits analysis.

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Sequential optimization for pressure management in water distribution networks

  • Malvin S. Marlim;Doosun Kang
    • Proceedings of the Korea Water Resources Association Conference
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    • 2023.05a
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    • pp.169-169
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    • 2023
  • Most distributed water is not used effectively due to water loss occurring in pipe networks. These water losses are caused by leakage, typically due to high water pressure to ensure adequate water supply. High water pressure can cause the pipe to burst or develop leaks over time, particularly in an aging network. In order to reduce the amount of leakage and ensure proper water distribution, it is important to apply pressure management. Pressure management aims to maintain a steady and uniform pressure level throughout the network, which can be achieved through various operational schemes. The schemes include: (1) installing a variable speed pump (VSP), (2) introducing district metered area (DMA), and (3) operating pressure-reducing valves (PRV). Applying these approaches requires consideration of various hydraulic, economic, and environmental aspects. Due to the different functions of these approaches and related components, an all-together optimization of these schemes is a complicated task. In order to reduce the optimization complexity, this study recommends a sequential optimization method. With three network operation schemes considered (i.e., VSP, DMA, and PRV), the method explores all the possible combinations of pressure management paths. Through sequential optimization, the best pressure management path can be determined using a multiple-criteria decision analysis (MCDA) to weigh in factors of cost savings, investment, pressure uniformity, and CO2 emissions. Additionally, the contribution of each scheme to pressure management was also described in the application results.

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ASEAN Financial Integration: Is it possible? (아세안 금융시장 통합: 현황과 통합가능성)

  • LEE, Choong Lyol
    • The Southeast Asian review
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    • v.21 no.3
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    • pp.139-203
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    • 2011
  • This paper attempts to review of recent development of ASEAN financial integration and to evaluate it and predict its future aspect. For this purpose, we first examine the historic aspect of ASEAN financial integration such as ASEAN financial service open agreement or ASEAN capital market forum report and currently agreed integration plan. In addition, we study the development stages of ASEAM member countries in terms of its economic size or income level. Finally, we look at the financial market and institutional aspect of ASEAN member countries and the recent development of global financial market. From these analyses, we find several important facts. First, it is true that ASEAN, in general, will enjoy the effect of expanding regional investment and improving the quality of financial service through the financial integration. We think that its long term benefit is too large for ASEAN member states to avoid. Second, as a result, it is certain that ASEAN will corporate further to make its financial market to be integrated in the future. Third, however, despite these benefits and continuing efforts, we expect that it will be very difficult for ASEAN to reach a stage of financial integration as suggested in the Blueprint of ASEAN Economic Community by the year of 2015. The large difference among member states in term of economic and financial development will not allow for them to reach a single goal within a short time. Instead, we expect the following scenario for the integration process will hold. First, ASEAN will reach an agreement on the institutional framework by 2015 and afterwards, slowly the markets will begin to integrate. Second, at the earlier stage, not all but some countries will start the integration process. We expect that the financial market of ASEAN 5 will first be integrated and other 5 will join to it later.

Evaluation of Korea`s Sustainable Development by the System Ecology(I)-EMERGY Analysis of Korea`s Natural Environment and Economic Activity- (시스템 생태학적 접근법에 의한 한국의 지속적인 발전가능성 평가(I)-한국의 자연환경과 경제활동에 대한 EMERGY 평가-)

  • 이석모;손지호;강대석
    • Journal of Environmental Science International
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    • v.9 no.6
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    • pp.449-454
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    • 2000
  • Sustainable development has been the key concept, both in economic policies and in environmental management. On the basis of an systems ecology perspective, this suggests the sustainable development of Korea\`s natural environment and economic activity using the EMERGY evaluation. The total EMERGY use(7,730E20sej/yr) in Korea is 81 percent from imported sources, fuels and goods and services. The ratio of outside investment to attracting natural resources is already large, like other industrialized countries. Continued availability of purchased inputs at a favorable balance of EMERGY trade, currently about 2.85 to 1 net EMERGY, tis the basis for present economic activity and must decrease as the net EMERGY of purchased inputs including fossil fuels goes down. EMERGY yield ratio and environmental loading ratio were 1.23 and 20.30, respectively. The population level is already in excess of carrying capacity. Its carrying capacity for steady state on its renewable sources is only 2.2 million people, compared to 45.9 million in 1977. EMERGY sustainability index is therefore less than one, which is indicative of highly developed consumer oriented economies. Until now the development of a country has been achieved by the economic growth, but it can be sustained in the long run by the use of renewable resource systems. the efficiency of energy usage, and the transformation of the social-economic structure based on an ecological-recycling concept.

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The Change of Employment Relations in Myanmar's Garment Companies: A Case of Korean Investment Companies in a Period of U Thein Sein Government (미얀마 봉제기업의 고용관계 변화: 세인정권기간 한국투자기업의 경우)

  • Yun, Yeong-Sam;Kyaw, HtetMyet-Sandy;Htet, SuYin-Thin
    • Asia-Pacific Journal of Business
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    • v.9 no.1
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    • pp.19-38
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    • 2018
  • This study is to examine the transition of employment relations depending on labor reform by U Thein Sein Government(2011~2015) in company level and implemented literature review and interview. The results of this study are as follow. According to contents of the legislative amendment pursued by U Thein Sein government, there were some changes in employment relations as the use of standard labor contract, the application of paid holidays, easy use of vacations/sick leave and the establishment of trade unions. But, after the adoption of the minimum wage system, there was not change in the employment relations to such an extent as to have a significant impact on the live of the laborers. So it is expected that development of the trade union representing laborers in the future is able to take mutually beneficial employment relations.

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Does FDI Affect Domestic Employment in OECD Countries?

  • WANG, Mengzhen;CHOI, Baekryul
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.12
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    • pp.283-293
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    • 2021
  • To verify the employment impact of two-directional FDI, the study analyzes panel data composed of 26 OECD countries from 2006 to 2018 by using the system GMM. Furthermore, we decompose domestic employment into types of industries and skill compositions to identify the heterogeneous employment impact. The results show that inward and outward FDI at lag one period promote domestic employment at the overall level. In terms of workers' skill levels, lagged inward FDI significantly persistently promotes high-skilled workers' employment, likewise, the positive employment impact also appears with a time lag in low-skilled labor subgroups. Outward FDI, on the other hand, initially inhibits both high- and low-skilled labor demand, but then changes to a positive effect in the highskilled labor subgroups. Although there is a time difference between inward and outward FDI, it has a significant and positive impact on employment in the manufacturing and service industries. The results indicate that the relationship between manufacturing and service employment is a mutual substitute. To attract international investors, governments should promote a favorable investment climate and maintain stable economic growth. Because low-skilled labor is more susceptible to changes in FDI, policy measures are required to ensure employment stability.

A Study on the Analysis of Environment Performances in High-Rise Residential Building Through Green Building Certification System (친환경건축물 인증제도 평가를 통한 고층 주거용 건물의 환경성능 분석)

  • Chae, Mun-Byoung;Cha, Min-Chul;Jae, Seong-Ho;Seok, Ho-Tae
    • Proceeding of Spring/Autumn Annual Conference of KHA
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    • 2006.11a
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    • pp.281-286
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    • 2006
  • In case of Korea, immovable property like location, land prise or investment value is more highly estimated than quality of life of residents for performance and value of apartment house, because of limited land area or high density of population. But the high level of life has recently caused the increasing demand in better life. As there is no cases to provide the house in bulk due to the housing market condition, it is necessary to evaluate performance and value of structure, disaster prevention safety, habitability, antiquated condition of building and equipment, maintenance condition and so on that has importantly influence on resident's life quality. So, this study aims to understand the actual condition of environmental performance for the present apartment by comparing the designated apartment, which is ready to have completed in Daegu, with the mixed use residential building, which gained the best grade for green building certification system. Also by analyzing and evaluating a right to enjoy sunshine, floor impact noise etc. and indoor air quality.

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Technology and Issue on Embodiment of Smart Factory in Small-Medium Manufacturing Business (중소제조업 스마트공장 기술 동향과 이슈)

  • Park, Jong-man
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.40 no.12
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    • pp.2491-2502
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    • 2015
  • Main issue for embodiment of smart factory in small-medium manufacturing business(SMMB) is to whether might be successful or not in achieving a goal, exact materializing for smart factory related technology, and in seeking possible solutions for limited capacity to invest and develop technology. It is required for effective driving of manufacturing innovation 3.0 paradigm that ensures expertise to push forward technology policy based on value chain level of SMMB, and ensures detailed action plans by investment priority and development of core technology against global trend. This paper focuses to suggest countermeasure strategy and task through analysis of advanced technology and patent trend about industrial IoT(IIoT) and cyber physical system(CPS), and support embodiment of smart factory in underlying manufacturing innovation 3.0 scheme.