• Title/Summary/Keyword: New Economy

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Rethinking the Characteristics of the New Economy: A Systemic View (시스템적 관점에서 접근한 신경제의 특성에 대한 재고찰)

  • Juhn, Sung-Hyun;Park, Yong-Tae
    • Information Systems Review
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    • v.10 no.3
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    • pp.1-20
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    • 2008
  • Under the rubric of the new economy, a wide variety of economic and social phenomena have been identified and discussed since the 1990's. Most of the observations in the literature on the new economy are fragmented, casual, and anecdotal, not compiling to a whole picture of what the new economy is really about. Therefore, this study attempts to provide e-commerce companies with a better, more systematic understanding of the new economy and new economy phenomena as well as the implications of them in order to help them develop more effective business strategies. To provide a better understanding of the new economy phenomena, this article adopts system perspective as an overarching frame of reference for analysis. The systemic characteristics and behavior of the new economy is sought in five generic aspects of a system; 1) what are the entities that comprise the system, and how are they related to one another?; 2) how does the system function?; 3) what are the goods and services (output) that are generated and flow in the system?; 4) what is the value of those goods and services?; and 5) what are the collective, systemic quality and attributes of the system? Based upon the review and categorization, some essential characterizations are made for the five system aspects of the new economy. Such characterizations are interpreted as collectively enunciating the systemic characteristics and behavior of the new economy. The implications of the systemic under-standing of the new economy for business and firm strategy are discussed and some future research is suggested.

Governance Leadership for Hydrogen Economy Revitalization (수소경제 활성화를 위한 거버넌스 리더십)

  • YIM, DONG WOOK
    • Transactions of the Korean hydrogen and new energy society
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    • v.31 no.3
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    • pp.265-275
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    • 2020
  • The hydrogen economy is still a niche market and a new system. If we believe in the optimism and the hope of human history of technological progress, the hydrogen economy will be a new paradigm to replace the carbon economy. The research question is what kind of leadership the government should show in order to revitalize the hydrogen economy. In response to the research question, this study highlights the governance leadership. The new economy must be newly recognized before they can find a solution. This research can be the first step in finding the way.

Study on Fuel Economy Characteristics by Cumulative Distance of Vehicle (차량 누적거리에 의한 연비 특성 연구)

  • Lim, Jae-Hyuk;Kim, Ki-Ho;Lee, Min-Ho
    • Journal of Power System Engineering
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    • v.21 no.4
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    • pp.57-61
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    • 2017
  • The vehicle label fuel economy is used as an energy management indicator nationwide. It induces technology development of automobile manufacturers and plays a role of providing information when purchasing a consumer vehicle. However, consumers who purchase a new vehicle continued to complain that the label fuel economy is different from the mandatory fuel economy rate. The domestic fuel economy measurement method is the same as the North American measurement method. The results of the two test modes (urban (FTP-75 mode), highway (HWFET mode)) are calculated in five test modes reflecting various environmental conditions and driving patterns 5-cycle correction formula is used which is equivalent to the fuel efficiency value. In this study, to solve the consumers' curiosity about the fuel economy of new vehicle, we use domestic fuel economy measurement method to measure the new car condition within 150 km of driving distance and the cumulative driving distance condition of domestic label fuel economy test vehicle. A comparative evaluation of fuel economy was carried out for a durability vehicle of $6,500{\pm}1,000km$. A result, mean value of the fuel economy of the four gasoline vehicles increased by 2.7 % in the city center mode and by 2.5 % in the highway mode in the durable vehicle compared new vehicle. And in the case of the diesel vehicle it increased by 2.5 % and 3.9 % respectively. The harmful exhaust gas emitted from the vehicle also resulted in more emissions of both gasoline and diesel vehicles in new vehicles. It is considered that the increase of the frictional force of the vehicle driving system and the lubricating oil system would have an effect on the reduction of the fuel economy of the new vehicle, and it was found that the fuel economy and the exhaust gas were improved by proper cumulative distance (domesticate) to the new vehicle.

Expected Role of ICT for Creative Economy (ICT와 미래창조경제의 나아갈 방향)

  • Kim, Kook-Jin
    • Journal of Legislation Research
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    • no.44
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    • pp.7-31
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    • 2013
  • Paradigm of Global economy is changing to creative economy. This study focuses on the role of creative economy to clarify (understand clearly) the impact (influence) which transition of economy system will bring about. The creative economy is basically came from New economy theory. According to the New economy theory, a state can achieve sustainable growth without an inflation, or higher growth rate under given inflation rate, through an investment on ICT. However, different from America, Korea had limited effect of New Economy. This is because Korean economy had factor-input driven growth model rather than New Economy mechanism. However, ICT is essential requirement to move toward New Economy(Digital Economy), it does not sufficiently explain the increase of productivity and economic growth. A crucial point to realize New economy is how to diffuse and spill over the technology development on ICT sector to other industry. ICT is not creative industry or creative economy per se, and it should play as an enabler to improve other industry's productivity. The creative economy can be understood as an extension of New Economy theory. It means the economy that creates values by cultural assets and human resource, as well as capital and labor factors. However, if we understand the meaning of creative economy as change of input factors, it is hard to bring real shape of creative economy.

Establishment of a Platform for Supporting the Start-Ups of Outstanding Ideas under the Creative Economy: 6-Month Challenge Platform Program for the Creative Economy

  • Seo, Jun Seok
    • World Technopolis Review
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    • v.4 no.4
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    • pp.238-246
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    • 2015
  • This paper reviews the 6-Month Challenge Platform Program, a short-term intensive start-up supporting program in Korea, which will be launched late 2015 to promote economic growth by taking new ideas and transforming them into new products and start-ups in connection with the Creative Economy Town and the Creative Economy Innovation Centers under the Creative Economy Policy.

New Recycle Economic Theory Direct Technology Innovation and the Sustainable Development of Beijing

  • Jisong, Wu
    • Proceedings of the Korea Technology Innovation Society Conference
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    • 2006.11a
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    • pp.103-116
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    • 2006
  • The recycle economy is the first stage of knowledge economy. In March 2005, the author attended the forum of 'Festival of Thinkers' in the capital of United Arab Emirates, Abu Dhabi. Through five day' discussing with 10 Nobel Prize winners and 18 thinkers from five continents, the conception of Recycle Economy is regulated. The former principle of '3R' in clean production has been expanded to '5R' in new recycle economy, adding concept of 'rethink' and 'repair' to the 'reduce, reuse and recycle' This article makes a full exposition to the origin, contents and its innovation to the classical western economics of the new recycle economics. Before the 2008 Beijing Olympics, the article discusses the application of new recycle economy in terms of promoting the ability of national innovation system and independent innovation, city construction and the industry innovation concerning Beijing's features.

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Smart-City Development Management: Goals and Instruments

  • KALENYUK, Iryna;TSYMBAL, Liudmyla;UNINETS, Iryna
    • International Journal of Computer Science & Network Security
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    • v.22 no.1
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    • pp.324-330
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    • 2022
  • At the present stage of the world economic development, a new economic system is being formed, in which non-economic values, in particular environmental and social parameters, have become widespread. A new vision of economic activity is being formed, which acquires the qualities of Smart-economy. The purpose of this paper is reveal the features of managing the development of smart cities as specific entities of the Smart-economy. New functions of economic entities are formed within the framework of the Smart-economy concept, while their role and weight in the localities' activity or formation have changed. Determining that the key trends in the Smart-economy development are such as digitalization, greening, socialization, institutionalization, and urbanization, this is necessary to note that all these trends are most active in the formation of urban ecosystems. These trends are determined by the general population growth and the urban population growth, which requires considerable attention to planning each city's development itself. Such planning could ensure the comfort of living for all its inhabitants, quality, safe, and modern life. The Smart-city's key elements and the intellectualized approach implementation planes to the decision of these or those tasks are definedIt is determined that a new ecosystem of governance is being formed.

A Study on the Characteristics of Vehicle Fuel Economy by Increasing Mileage (주행거리 증가에 따른 자동차 연비 특성 연구)

  • LIM, JAE-HYUK;KIM, KI-HO;LEE, MIN-HO;PARK, JIN-SUNG;LEE, JUNG-MIN
    • Transactions of the Korean hydrogen and new energy society
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    • v.29 no.3
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    • pp.299-305
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    • 2018
  • The domestic label fuel economy measurement method is the same as the North American measurement method. The results of two test modes (city [FTP-75 mode], highway [HWFET mode]) are calculated to be equivalent to the final fuel economy value calculated as the result of five test modes reflecting various environmental conditions and driving patterns 5-cycle correction formula is used. In this study, we tried to find out that the difference between the domestic label fuel economy of the vehicle and the real road fuel economy felt by the driver compared to the new vehicle condition as the mileage increases. Using domestic label fuel economy measurement method, Four gasoline vehicles and four diesel vehicles were tested for the fuel economy of a new vehicle with a mileage of 150 km or less and domestic fuel economy test $6,500{\pm}1,000km$ durability condition and 15,000 km durability. It is confirmed that the certain portion (6,500 km endurance vehicle) The increase in mileage did not affect the fuel economy or the emission gas significantly, indicating that vehicle durability was limited.

Exploring of the Economy of Communion as Communities of Practice (실천공동체로서 나눔 경제 운영 탐색)

  • Kim, Jin-Hee;Kim, Byoung-Soo
    • Asia-pacific Journal of Multimedia Services Convergent with Art, Humanities, and Sociology
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    • v.7 no.6
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    • pp.937-945
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    • 2017
  • Economy of Communion (EoC) is an emerging economic principle that recognizes the dilemma of traditional perspectives and turns to human centered values and ideas. Furthermore the EoC encompasses all the principles derives from free market economy, ethical norm and social solidarity. This study aims to understand Economy of Communion concepts and its ripple effects under current Korean economy condition which mainly follows Neo-liberalism. Korean economy needs new paradigm to deal with intensifying economical inequality in Korea these days. By understanding EoC's primary value and studying research cases and Sungsimdang, Seokwangsa one of EoC enterprise cases in Korea, this study suggests new economic paradigm. In response to the needs, two important practices should be manifested through fraternity: 1) mutural equity, and 2) dissemination of giving culture. These are construct the economy of communion, which is defined as unique humanism. This study is also expected to suggest new paradigm that establishes new economy system that can cover current economy system's problems.

The study for fuel economy characteristics of hybrid electric vehicle (HEV) according to the driving condition (다양한 운전조건에 따른 하이브리드 자동차의 연비 특성 연구)

  • Lee, Minho;Kim, Sungwoo;Kim, Jeonghwan;Kim, Kiho;Jung, Choongsub;Rho, Kyungwan;Jang, Kwangsik
    • 한국신재생에너지학회:학술대회논문집
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    • 2011.11a
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    • pp.104-104
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    • 2011
  • The fuel economy estimates essentially serve two purposes : to provide consumers with a basis on which to compare the fuel economy of different vehicles, and to provide consumers with a reasonable estimate of the range of fuel economy they can expect to achieve. The current fuel economy label values utilize measured fuel economy over city driving cycles. However, this test driving mode can not be evaluated the variety factor of the real-world. These factors include differences between the way vehicles are driven on the road and over the test cycles, air conditioning use, widely varying ambient temperature and humidity, widely varying trip lengths, wind, precipitation, rough road conditions, hills, etc. The purpose of this paper is to account for three of these factors on the fuel economy : 1) on-road driving patterns (i.e. higher speeds and more aggressive driving (higher acceleration rates)), 2) air conditioning, and 3) colder temperatures. The new test methods will bring into the fuel economy estimates the test results from the five emissions tests in place today : CVS-75, HWFET, US06, SC03 and Cold CVS-75. Based on these new test methods, this paper discusses the characteristics of driving condition on Hybrid electric vehicle (HEV). And this paper assesses the fuel economy label of HEV.

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