• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.12 no.1
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• pp.25-31
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• 2017

The objective of this study is to find the failure factors of venture companies. We analyze 210 troubled venture companies, all of which have been under guarantee from the Korea Technology Finance Corporation over the last three years. Methods of analysis for failure factors are as follows. First, we categorize the failure factors into the four different types based on growth and profitability indicators in the financial statements of targeted venture companies. Then we analyzed the failure factors of the subject companies based on the troubled guarantee reports made by the Korea Technology Finance Corporation. If a venture company under its guarantee program falls into insolvency, the Korea Technology Finance Corporation make the troubled guarantee report to find out the failure factors and evaluate the recovery potentials. We identify 374 failure factors of venture companies through the analysis. The most prominent among them are deteriorating of business environments (79 factors) and decreasing or withdrawing orders from major suppliers (54 factors) due to bankruptcies or change in business plans. They are followed by slowing collection of accounts receivable (31 factors), dropping or frozen product price (24 factors) due to intensifying competition and escalating pressures from major suppliers, rising raw material costs both at home and abroad (21 factors). In addition, the nuclear power plant disaster in Japan, shut-down of the Kaesong Industrial Complex and subsequent lawsuits, delay in technology development projects, high cost-low efficiency management structure, etc., are also revealed as new factors causing trouble for venture companies.

• Journal of Digital Convergence
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• v.16 no.6
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• pp.75-84
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• 2018

Although many logistics companies are interested in project logistics, the existing research has been limited to the growth potential of project logistics market and the high barrier and importance of project logistics. This study analyzes using DEA the operational efficiency of forwarding companies registered in major overseas construction EPC companies and performing logistics services for overseas plant construction projects. For efficiency analysis, Super-SBM analysis and Malmquist analysis are used among DEA analysis techniques. As a result of the Super-SBM analysis, DMU 5 ranked first at 1.807. DMU 5 is more efficient than the other large corporations because it has the stable supply of its parent company H and the smallest input and output variables among the large corporations. As a result of Malmquist analysis, TCI, which is a technological development, showed a fluctuation while TECI showed a relatively stable variation. In addition, there is a difference in scale between major companies and small and medium sized companies. So, it is necessary to identify the efficiency improvement strategy for each group and apply it to the practical work.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.16 no.8
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• pp.5707-5715
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• 2015

Recently, construction industry has won an increasing number of orders for overseas construction projects, thereby achieving an external growth, but its competiveness is concentrated on the construction execution field. In particular, the plant field occupies most of the entire orders, which are concentrated regionally in the Middle East and Asia. In addition, low-cost orders are frequently caused by excessive competition. But its high value-added construction engineering(Below, CE) field's overseas market share and technological capacity are very low. Also, technological competiveness, in terms of order amount and other factors, is deepening in polarization between large CE companies and small and medium-sized CE firms. It is noted that the existing CE information systems mostly simply accumulate data such as design and specification standards and provide the information thereon to users, and thus have yet to provide the information essential for the CE and support such efforts. This study sought to prepare a system designed for sharing outstanding design documents information necessary for the CE industry, by category of construction so as to support the technological enhancement of the CE field. Toward that end, this study presented measures for constructing the system and services designed to exchange and share the outstanding design documents information and know-how by construction category necessary between ordering agencies and CE companies.

• Journal of the Korean Society for Marine Environment & Energy
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• v.14 no.1
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• pp.51-64
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• 2011

Carbon dioxide Capture and Storage (CCS) is one of the key players in greenhouse gas (GHG) reduction portfolio for mitigating climate change. CCS makes simultaneously it possible not only to reduce a huge amount of carbon dioxide directly from the emission sources (e.g., coal power plant) but also to maintain the carbon concentrated-energy and/or industry infrastructure. Internationally, the United Nations Framework Convention on Climate Change (UNFCCC) is dealing the agenda for considering the possibility of including CCS project as one of Clean Development Mechanism (CDM) projects. Despite its usefulness, however, there are the controversies in including CCS as the CDM project, whose issues include i) non-permanence, including long-term permanence, ii) measuring, reporting and verification (MRV), iii) environmental impacts, iv) project activity boundaries, v) international law, vi) liability, vii) the potential for perverse outcomes, viii) safety, and ix) insurance coverage and compensation for damages caused due to seepage or leakage. In this paper, those issues in considering CCS as CDM are summarized and analyzed in order to suggest some considerations to policy makers in realizing the CCS project in Korea in the future.

• Journal of the Korean Geographical Society
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• v.42 no.3 s.120
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• pp.344-354
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• 2007

Estuarine wetlands for 33 watersheds in the Han River estuary were delineated on topographic maps from the 1910s, 1970s, and 2000s. Then, these data were used to address the issue of spatial distribution and temporal variation. Watershed characteristics such as drainage density, location, watershed size, slope, and elevation were identified for each watershed to determine the relationship between watershed characteristics and spatial distribution of estuarine wetlands. The analysis of estuarine wetlands indicated that wetlands in the estuary had declined gradually between the 1910s and the 1970s, although most wetlands were lost since the 1970s mainly caused by the large development projects related to urban expansion in metropolitan Seoul. The sediment composition and formation processes of the wetlands differed with watershed location; mud flats dominate in the lower part of the estuary, and relatively more sandy and emergent-plant wetlands occur near the main channel and tributaries of the Han River. Relatively more estuary wetlands occur in large watersheds, which have high slopes and low elevations. Estuarine wetlands have been lost dramatically in the densely populated watershed regions (i.e., Han River Seoul, Han River Goyang, West Han River), while relatively more wetlands have remained in undeveloped regions, including the Lower Imjin River and Lower Han River. In particular, anthropogenic disturbance has played an important role in the loss of wetland through the conversion of wetland into agricultural and developed land.

• Journal of Wetlands Research
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• v.22 no.4
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• pp.312-320
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• 2020

Various LIDs with natural water circulation function are applied to reduce urban environmental problems and environmental impact of development projects. However, excessive Infiltration and evaporation of LID facilities dry the LID internal soil, thus reducing plant and microbial activity and reducing environmental re duction ability. The purpose of this study was to develop a real-time measurement system with complex sensors to derive the management plan of LID facilities. The test of measurable sensors and Internet of Things (IoT) application was conducted in artificial wetlands shaped in acrylic boxes. The applied sensors were intended to be built at a low cost considering the distributed LID and were based on Arduino and Raspberry Pi, which are relatively inexpensive and commercialized. In addition, the goal was to develop complex sensor measurements to analyze the current state o f LID facilities and the effects of maintenance and abnormal weather conditions. Sensors are required to measure wind direction, wind speed, rainfall, carbon dioxide, Micro-dust, temperature and humidity, acidity, and location information in real time. Data collection devices, storage server programs, and operation programs for PC and mobile devices were developed to collect, transmit and check the results of measured data from applied sensors. The measurements obtained through each sensor are passed through the Wifi module to the management server and stored on the database server in real time. Analysis of the four-month measurement result values conducted in this study confirmed the stability and applicability of ICT technology application to LID facilities. Real-time measured values are found to be able to utilize big data to evaluate the functions of LID facilities and derive maintenance measures.

• The Korean Journal of Ecology
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• v.21 no.5_3
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• pp.713-721
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• 1998

The effects of artificial interference on the vegetation landscape in Mt. Nam of Seoul, Korea were clarified by analysing the distribution of vegetation landscape element and the number and size of patch depicted as a vegetation map in terms of landscape ecological principles. The effects of artificial interference on vegetation were also confirmed from the environmental gradient analysis on plant community extended from the lowland to the peak of that mountain. Vegetation landscape elements were divided into plantation and secondary forest in actual vegtation map. The ratio of plantation to secondary forest was higher in the lowland below mid-slope and the southern slope. Most afforested land were occupied by Robinia pseudoacacia and Populus tomentoglandulosa, Pinus rigida, P. koraiensis, Metasequoia glyptostroboides, Alnus hirsuta and so on are localy planted. In addition, projects to replace those afforested trees by P. densiflora as a kind of campaign for "Restoration of the one original feature of Mt. Nam" or to replace those tree species by planting young Abies holophylla or P. koraiensis under the mature afforested trees are also carried out in recent years. In cases of secondary forest, the southern slope was dominated by P. densiflora and the northern one by Q. mongolica. But the lowland of the northern slope is dominated by P. densiflora as the same as that in the southern slope. Vegetation landscape elements in Mt. Nam were much simplified comparing with that of suburban area around Seoul. The number of patches, which reflects the degree of diverse artificial interference was more in the lower area than in the upper area and more in the southern slope than in the northern one. On the other hand, the size of patch showed the antagonistic tendency to that of the number of patch. As a result of environmental gradient analysis, vegetation distribution in Mt. Nam was different from that in suburban area around Seoul. For example, Alnus japonica community, Zelkova serrata community, and Carpinus laxiflora community, which is established in mountain comparatively rare in artificial interference disappeared in Mt. Nam. As a result of analysis on vegetational succession in P. densiflora community and Q. mongolica community, both communities showed a tendency of retrogressive succession differently from that in control site located in suburban area around Seoul. In addition, species composition of P. densiflora and Q. mongolica communities in Mt. Nam were also different from those in Mt. Surak located around Seoul. It was interpreted that those results were originated from the environmental pollution and excessive arti ficial interferences.rferences.

• Journal of Korean Society of Coastal and Ocean Engineers
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• v.20 no.1
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• pp.73-80
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• 2008

An hydraulic experiment was carried out in an open channel flume in order to improve the technique of designing shape of the sluice used for tidal power generation, which greatly affects the economical efficiency of the construction of a tidal power plant. To predict the influence of change in the major design parameters relating to the sluice shape on the water discharge capability of the sluice, it was necessary to perform a precise experiment that is discriminated to previous feasibility studies or design projects. For this purpose, by installing various flow straighteners and rectifying structures inside the water supply system and the rectifying tank, the flow in the flume was stabilized as tranquil as possible. In addition, the measuring instruments and the location of installing them were carefully determined so as to minimize the errors intervened during the measurement of water discharge and water level. The method of estimating head difference between upstream and downstream of the sluice was also developed by taking account of the head loss due to the friction at the bottom and side walls in the flume.

• Journal of Soil and Groundwater Environment
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• v.13 no.3
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• pp.37-44
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• 2008

Soil ecology has important roles in global ecosystems. However, soil ecological quality information is being ignored when assessing ecological impact of construction actions. And methods for classifying and assessing soil ecological quality have been very little established in comparison to those for animal and plant ecosystems. In this study, it was examined whether soil ecological quality information has influence on determining an eco-friendly route for a road construction project. For this, sensitivity analysis was systematically performed by varying the relative significance (weights) of soil ecological quality information among natural environmental and ecological factors. When the weight of soil ecological quality was greater than just 14%, the soil ecological quality information significantly influenced the determination of the eco-friendly routes for a specific road construction project. This demonstrates that soil ecological quality information has to be considered for more reliable environmental impact assessment, and also supports the validity of use of soil ecological quality information and its mapping technique in planning and siting of eco-friendly construction projects.

• Journal of Environmental Impact Assessment
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• v.30 no.6
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• pp.361-379
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• 2021

About 10% of trees damaged by the development projects are to be transplanted when conducting the Environmental Impact Assessment. However, various problems have been raised during transplantation. In this study, we confirm the stakeholder's perceptions of the problems that occur during transplantation. The survey was conducted from October 9 to 25, 2020. Among the stakeholder groups, 36 respondents participated in the consulting institute group, 44 from the review institute group, and 83 from the developer·agency group (total of 163). All three groups responded that it was necessary to transplant some of the damaged trees even if the development charge increased because the damage caused by the development project was serious. The most serious problem was 'high mortality'. The response rate was high that all three groups should plant the same species with the same quantity as an alternative method in case of withering. In order to reduce the mortality rate, small-sized trees were transplanted and transplanted trees were expanded to include planted species and landscape trees. In addition, the number of transplanted trees was high in response to calculating the transplantratio to the number of native tree damaged. The percentage of respondents who said that it was necessary to allocate a separate manager was also high. The results will be used as basic data to improve problems that occur during transplantation of damaged trees.