• Journal of Korea Technology Innovation Society
• /
• v.19 no.1
• /
• pp.29-47
• /
• 2016

The government has been implementing the preliminary feasibility study to examine previously a plan of the national R&D program submitted by each government ministry or institution and decide whether to reflect its budget. However, although R&D investments obviously have a different contribution depending on the different types of project, the current system applies the average R&D contribution rate to whole industry across the board in order to estimate benefits of the creating value from the R&D activity. This system in turn will cause a distorted result in the economic feasibility analysis. Therefore, this paper conducts an empirical analysis on the ICT R&D contribution for the creating value added, on behalf of all industries, through the growth accounting method and explores an applicability of the differential R&D contribution rate as an alternative by comparing to the existing R&D contribution rate. The result of this paper shows the ICT R&D contribution rate is 48.2%, and we can find out there is a significant difference compared to the existing R&D contribution rate. In light of this, it is necessary to adopt carefully the differentiated R&D contribution rate considering project characteristics.

• Journal of Environmental Policy
• /
• v.12 no.4
• /
• pp.71-92
• /
• 2013

Unlike general public investment projects, when it comes to environmental public investment projects, there is a gap between those who pay the costs, and those who receive the benefits. This is because of the long term nature of environmental investments, which entails that the majority of the costs are paid by the current generation, while the benefits are reaped by future generations. Because of this, when the social discount rate is set at a standard, singular rate, an issue of relative underestimation of the benefits reaped by future generations may occur during the analytic process. This paper begins with the recognition of this problem, and attempts to estimate a suitable social discount rate that can be applied to environmental investment projects. Taking into account recent economic situations, the social discount rate is currently being estimated at between 2.9 ~ 4.9%. Also, this paper used preliminary feasibility studies that took place so far, to analyze the standard pattern of benefit generation. This revealed that alterations in social discount rates can bring significant changes in economic feasibility test results. Simulation results showed that roughly 6% of B/C ratios could be increased by 1%p. resulting in a decrease in social discount rates. Also if we use hyperbolic discount rates, instead of using the current singular rate, there would be a meaningful increase in the benefits for the future generation.

• Journal of Korean Society for Geospatial Information Science
• /
• v.20 no.3
• /
• pp.73-82
• /
• 2012

In order to carry out efficient investment and successful business in national geo-spatial industry, economic assessment on the field of 3D geo-information has recently emerged as a serious issue. Therefore, this study is intended to offer cost-effective evaluation scheme which are proper for 3D geo-spatial information, especially focusing on development of orthophoto and DEM. The study is organized as follows. The first section clarifies preliminary rules for feasibility by defining target work and category in order to estimate benefit. Then, this paper will be limited to consideration of production of digital mapping for target business which is expected to create high value and its benefit from cost reduction is suggested. Drawing from the AHP(Analytic Hierarchy Process) methods, this study comprehensively described final result and implication to examine business value. Consequently, this study can suggest economical evaluation methods on 3D geo-spatial information industry, which takes up a considerable part of immaterial benefit and has difficulties in economic assessment and estimation. preventing a variety of errors in system operation in advance.

• Journal of Korea Port Economic Association
• /
• v.37 no.1
• /
• pp.1-18
• /
• 2021

A coastal marine ranching project in Uleungdo had been conducted for 5 years from 2013 to 2017 with investment costs of 5 billion won, for the special purpose of the deployment of artificial reefs, the release of young fishes. The paper focuses on an ex-post analysis of the economic feasibility for the project after completing the project, which is apart from a preliminary viability. For economic analysis, the economic benefits are derived from direct benefits including increasing effects of fisheries income and saving effects of harvesting costs, and indirect benefits including increasing effects of recreational fishing and preservation effects of coastal marine ecosystems while economic costs include releasing and purchasing costs of artificial reef and juvenile fish, R&D costs, maintenance costs and harvesting costs. The result shows that the project should not be accepted according to NPV=-0.125 billion won, IRR=4.5% and B/C ratio=0.98 under Scenario 1 which considers direct benefits and indirect benefits excluding the preservation values, while the project should be accepted under Scenario 2 indicating NPV=30.9 billion won, IRR=11.3% and B/C ratio=1.49 which considers the direct benefits as well as the indirect ones including the preservation values, based on 4.5% of the social rate of discount.

• Proceedings of the KSME Conference
• /
• 2007.05b
• /
• pp.2524-2527
• /
• 2007

Solid propellant gas generators (SPGG) play a role as a turbopump starter in liquid propellant propulsion systems by supplying pressurized gas to power turbines for engine start. For such a purpose, the propellants should burn with a relative low flame temperature and the combustion gas should not contain corrosive constituents such as chlorine compounds. In accordance with these requirements, stabilized AN-based propellants have been usually used as the most appropriate oxidizer for propellant compositions. However, the burning area of the propellant intends to increase to satisfy the required mass flux because of its low burning rate. Consequently the burning area incensement brings on the SPGG size augmentation. A flow restriction such as filters is applied to decrease the SPGG size by rising up the combustion pressure resulting in increasing the burning rate. The feasibility of the size reduction of SPGG by the employment of filters have been studied. The preliminary results of this study show that the considerable reduction of SPGG size would be achievable just by installing a filter with relatively high pressure loss coefficient.

• Earthquakes and Structures
• /
• v.5 no.2
• /
• pp.225-237
• /
• 2013

Excessive vibrations induced by earthquake excitation and wind load are an obstacle in design and construction of tall and super tall buildings. An innovative vibration control structure system (Mega-Sub Controlled Structure System-MSCSS) was recently proposed to further improve humans comfort and their safeties during natural disasters. Preliminary investigations were performed using a two dimensional equivalent simplified model, composed by 3 mega-stories. In this paper, a more reasonable and realistic scaled model is design to investigate the dynamical characteristics and controlling performances of this structure when subjected to strong earthquake motion. The control parameters of the structure system, such as the modulated sub-structures disposition; the damping coefficient ratio (RC); the stiffness ratio (RD); the mass ratio of the mega-structure and sub-structure (RM) are investigated and their optimal values (matched values) are obtained. The MSCSS is also compared with the so-called Mega-Sub Structure (MSS) regarding their displacement and acceleration responses when subjected to the same load conditions. Through the nonlinear time history analysis, the effectiveness and the feasibility of the proposed mega-sub controlled structure system (MSCSS) is demonstrated in reducing the displacement and acceleration responses and also improving human comfort under earthquake loads.

• Proceedings of the IEEK Conference
• /
• 2004.08c
• /
• pp.876-879
• /
• 2004

The buried fiber optic cable as a distributed intrusion sensor for detecting and locating intruders along the long perimeters is proposed. Phase changes resulting from either the pressure of the intruder on the ground immediately above the buried fiber or from seismic disturbances in the vicinity are sensed by a phase-sensitive optical time-domain reflectometer. Light pulses from a Er:fiber cw laser with a narrow, <3kHz-range, spectral width and a frequency drift of < 1 MHz/min are injected into one end of the fiber, and the backscattered light from the fiber is monitored with a photodetector. Results of preliminary studies, measurement of phase changes produced by pressure and seismic disturbances in buried fiber optic cables and simulation of ${\varphi}-OTDR$ response over long fiber paths, to establish the feasibility of the concept are described. The field experiments indicate adequate phase changes, more than 1t-rad, are produced by intruders on foot and vehicle for burial depths in the 0.2 m to 1 m range in sand, clay and fine gravel soils. The simulations predict a range of 10 km with 35 m range resolution and 30 km with 90 m range resolution. This technology could in a cost-effective manner provide enhanced perimeter security.

• Nuclear Engineering and Technology
• /
• v.49 no.7
• /
• pp.1431-1441
• /
• 2017

The Fukushima accident reveals the vulnerability of existing active nuclear power plant (NPP) design against prolonged loss of external electricity events. The passive safety system is considered an attractive alternative to cope with this kind of disaster. Also, the passive safety system enhances both the safety and the economics of NPPs. The adoption of a passive safety system reduces the number of active components and can minimize the construction cost of NPPs. In this paper, reflecting on the experience during the development of the APR+ design in Korea, we propose the concept of an innovative Power Reactor (iPower), which is a kind of passive NPP, to enhance safety in a revolutionary manner. The ultimate goal of iPower is to confirm the feasibility of practically eliminating radioactive material release to the environment in all accident conditions. The representative safety grade passive system includes a passive emergency core cooling system, a passive containment cooling system, and a passive auxiliary feedwater system. Preliminary analysis results show that these concepts are feasible with respect to preventing and/or mitigating the consequences of design base accidents and severe accidents.

• Journal of information and communication convergence engineering
• /
• v.14 no.1
• /
• pp.57-63
• /
• 2016

In generally, the resolution of reconstructed three-dimensional images can be seriously degraded by undesired occlusions in the integral imaging system, because the undesired information of the occlusion overlap the three-dimensional images to be reconstructed. To solve the problem of the undesired occlusion, we present an exemplar-based image restoration method in integral imaging system. In the proposed method, a minimum spanning tree-based stereo matching method is used to remove the region of undesired occlusions in each elemental image. After that, the removed occlusion region of each elemental images are re-established by using the exemplar-based image restoration method. For further improve the performance of the image restoration, the structure tensor is used to solve the filling error cause by discontinuous structures. Finally, the resolution enhanced three-dimensional images are reconstructed by using the restored elemental images. The preliminary experiments are presented to demonstrate the feasibility of the proposed method.

• Transactions of the Korean Society of Mechanical Engineers A
• /
• v.30 no.4 s.247
• /
• pp.357-363
• /
• 2006

According to the study of grasping of the human hand, it is noted that the metacarpal link of the thumb plays the key role in power grasping. Also the face of fingertip can be discriminated into five parts depending on the grasping modalities such as pinch grasp, fingertip grasp and power grasp. In this paper, the design of the anthropomorphic robot hand which has a thumb and three fingers is proposed. A difference of SKKU hand II from the previous gripperlike robot hand is that the metacarpal bone is connected between the thumb and the palm. This thumb mechanism is specially designed to get the degree of freedom which can realize flexible motions relative to objects. Based on the analysis, the hand mechanism is developed. Since the driving circuits for the hand are embedded in the hand, only the communication lines supporting CAN protocol with DC power cable are necessary as the input. A new robot is manufactured and feasibility of the hand is validated through preliminary experiments.