Asia-Pacific Journal of Business Venturing and Entrepreneurship
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v.17
no.6
/
pp.25-37
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2022
The purpose of this study is to survey startup founders within 7 years of founding the importance and satisfaction of the components of the scale-up entrepreneurial ecosystem at the national level in Korea and analyze the direction of scale-up policy by component using IPA (importance-performance analysis). Since the perception of founders, who are the subjects of the entrepreneurial ecosystem, affects the quantity and quality of start-ups, research is needed to analyze and diagnose the perception of scale-up components. For the development of the national economy and entrepreneurial ecosystem, companies that emerge from startups to scale-up and unicorns must be produced, and for this, elements for the scale-up entrepreneurial ecosystem are needed. The results of this study are as follows. First, the importance ranking of the components of the scale-up entrepreneurial ecosystem recognized by founders was in the order of "Financial support by growth stage," "Support for customized scale-up for enterprises," "Improvement of regulations," "Funds dedicated to scale-up," "large-scale investment," and "nurturing technical talents." Second, the factors that should be intensively improved in the importance-satisfaction matrix in the future were 'Pan-Government Integration Promotion Plan', 'Scale-Up Specialized Organization Operation', 'Company Customized Scale-Up Support', 'Regulatory Improvement', and 'Building a Korean Scale-Up Model'. As a result, various and large financial capital for the scale-up entrepreneurial ecosystem, diversification of scale-up programs by business sector, linkage of start-ups and scale-up support, deregulation of new technologies and new industries, strengthening corporate-tailored scale-up growth capabilities, and providing overseas networking opportunities can be derived. In addition, it is expected to contribute to policy practice and academic work with research that derives the components of the domestic scale-up entrepreneurial ecosystem and diagnoses its perception.
Asia-Pacific Journal of Business Venturing and Entrepreneurship
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v.14
no.6
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pp.11-27
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2019
The second venture "boom" diffusion strategy can be confirmed to be focused only on financing investment and finance, including achieving 5 trillion won annually in new venture investments, creating 20 unicorns, activating M&As and creating dynamic recovery markets. Of course, existing studies show that the fund is a very important policy for corporate growth, but various policy support will be needed to effectively scale up. To overcome these limitations, the scale-up support policies already in operation are analyzed by introducing scale-up policies in advanced countries such as the U.S. and Britain. It also aims to analyze domestic scale-up policies to draw up implications for establishing more effective scale-up policies. Academically, we are very lacking in research on scale-up at home and abroad, and we propose suggestions through this comparative study of policy cases to contribute to the promotion of various studies related to the scalability aspects of future research topics related to scale-up.
Kim, Sangdan;Lim, Yong Kun;Kim, Jin Kwan;Kang, Dookee;Seo, Seongcheol;Lee, Jae Kwan
Journal of Korean Society on Water Environment
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v.26
no.6
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pp.986-993
/
2010
Spatially distributed on-site devices such as bioretentions and bioboxfilters are becoming more common as a means of controlling urban stormwater quality. One approach to modeling the cumulative catchment-scale effects of such devices is to resolve the catchment down to the scale of a land parcel or finer, and then to model each device separately. The focus of this study is to propose a semi-distributed model for simulating urban stormwater quantity and identifying best sites for spatially distributed on-site stormwater control devices in an urban drainage system. A detailed model for urban stormwater improvement conceptualization simulation is set up for a $0.9342km^2$.
Globalization, increasing technological advancements and dynamic knowledge diffusion are moving our world closer together at a unique scale and pace. At the same time, our rapidly changing society is confronted with major challenges ranging from demographic to economic ones; challenges that necessitate highly innovative solutions, forcing us to reconsider the way that we actually innovate and create shared value. As such the linear, centralized innovation models of the past need to be replaced with new approaches; approaches that are based upon an open and collaborative, global network perspective where all innovation actors strategically network and collaborate, openly distribute their ideas and co-innovate/co-create in a global context utilizing our society's full innovation potential (Innovation 4.0 - Open Innovation 2.0). These emerging innovation paradigms create "an opportunity for a new entrepreneurial renaissance which can drive a Cambrian like explosion of sustainable wealth creation" (Curley 2013). Thus, in order to materialize this entrepreneurial renaissance, it is critical not only to value but also to actively employ this new innovation paradigms so as to derive community-driven shared value that stems from global innovation networks. This paper argues that there is a gap in existing business incubation model that needs to be filled, in that the innovation and entrepreneurship community cannot afford to ignore the emerging innovation paradigms and rely upon closed incubation models but has to adopt an "open incubation" (Ziouvelou 2013). The open incubation model is based on the principles of open innovation, crowdsourcing and co-creation of shared value and enables individual users and innovation stakeholders to strategically network, find collaborators and partners, co-create ideas and prototypes, share their ideas/prototypes and utilize the wisdom of the crowd to assess the value of these project ideas/prototypes, while at the same time find connections/partners, business and technical information, knowledge on start-up related topics, online tools, online content, open data and open educational material and most importantly access to capital and crowd-funding. By introducing a new incubation phase, namely the "interest phase", open incubation bridges the gap between entrepreneurial need and action and addresses the wantpreneurial needs during the innovation conception phase. In this context one such ecosystem that aligns fully with the open incubation model and theoretical approach, is the VOICE ecosystem. VOICE is an international, community-driven innovation and entrepreneurship ecosystem based on open innovation, crowdsourcing and co-creation principles that has no physical location as opposed to traditional business incubators. VOICE aims to tap into the collective intelligence of the crowd and turn their entrepreneurial interest or need into a collaborative project that will result into a prototype and to a successful "crowd-venture".
Bastola, Shiksha;Seong, Yeon Jeong;Lee, Sang Hyup;Jung, Younghun
Journal of Korea Water Resources Association
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v.52
no.9
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pp.637-645
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2019
Among various ecosystem services provided by the basin, this study deals with water yield (WY) estimation in the Bagmati basin of Nepal. Maps of where water used for different facilities like water supply, irrigation, hydropower etc. are generated helps planning and management of facilities. These maps also help to avoid unintended impacts on provision and production of services. Several studies have focused on the provision of ecosystem services (ES) on the basin. Most of the studies have are primarily focused on carbon storage and drinking water supply. Meanwhile, none of the studies has specifically highlighted water yield distribution on sub-basin scale and as per land use types in the Bagmati basin of Nepal. Thus, this study was originated with an aim to compute the total WY of the basin along with computation on a sub-basin scale and to study the WY capacity of different landuse types of the basin. For the study, InVEST water yield model, a popular model for ecosystem service assessment based on Budyko hydrological method is used along with ArcGIS. The result shows water yield per hectare is highest on sub-basin 5 ($15216.32m^3/ha$) and lowest on sub-basin 6 ($10847.15m^3/ha$). Likewise, built-up landuse has highest WY capacity followed by grassland and agricultural area. The sub-basin wise and LULC specific WY estimations are expected to provide scenarios for development of interrelated services on local scales. Also, these estimations are expected to promote sustainable land use policies and interrelated water management services.
Asia-Pacific Journal of Business Venturing and Entrepreneurship
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v.16
no.5
/
pp.1-14
/
2021
Innovation and Scale-up of Start-up companies are becoming important national tasks. In the past, it was spread the start-up policy paradigm such as 'Start-up America', 'Start-up Chile', 'Start-up Britain' to overcome the recession globally. However as the economic recovery has become more visible recently in advanced economies, it is shifting from a start-up support policy to a scale-up oriented policy paradigm such as 'Scale-up America', Scale-up UK', 'Scale-up Denmark'. It is necessary to enter the scale-up phase beyond the start-up phase to increase the number of high-quality jobs and to continue economic growth. Therefore, it is necessary to grow the start-up into a strong medium-sized company and to lay the foundation for survival. Therefore, the purpose of this study is to consider the antecedent factors that influence the scale-up aspiration for the start-up firm to grow into a scale-up company, and empirically identifies the differences between the stages of economic development and entrepreneurs in the country. In order to accomplish the purpose, this study predicted scale-up by aspiration which is a predictor of scale-up behavior because it is difficult to achieve visible growth in a short period of time due to the characteristics of start-up companies. In order to empirically explore these relationships, the data were collected from nascent entrepreneurs who have less than 3.5 years of the Adult Population Survey(APS) among the subjects surveyed by the Global Entrepreneurship Monitor(GEM) and the national economic development stage are divided into Innovation-driven, Efficiency-driven, Factor-driven type economies. For the test hypotheses, this study adopted the multi-level model analysis for comparison between national economic development stages and using the R 3.5.0 program. The results of this study are as follows. There is difference between the national economic development and the entrepreneur in the relationship between innovation orientation of entrepreneurs and scale-up aspirations. As the economy of the country develops, the innovation activity of the entrepreneur becomes more active. Since start-ups are heavily influenced by entrepreneurs, there is a difference in the degree of aspiration depending on how innovative an entrepreneur is in the same environment. In terms of the relationship between innovation orientation and scale-up aspiration, the fear of failure was found to differ between national economic development and entrepreneurs. The fear of failure differ from country to country, and this is one of the important factors affecting entrepreneurial activities. It is expected that the factors influencing the growth of the start-up companies which are identified through the results of these studies, will be used to create a suitable scale-up ecosystem according to the national economic development stage.
The creation of academic start-up firms is an important and practical issue in the management of technology in Japan. The present study designs a model for creating academic start-up firms that fits into the social context. It focuses on the case of FIRST Program, an initiative that consists of 30 projects in innovative arenas, analyses the presence of large-scale public funding, and investigates the role of venture capitalists as support personnel in each project. As a result, the presence and significance of 'long-term escort' by an 'entrepreneurial venture capitalist (EP-VCist)' were confirmed as common features across the cases observed. EP-VCist refers to a person who can maintain and fulfil dual roles at a university and a venture capital firm, and who can take the lead throughout the venturing process as a risk taker. 'Long-term escort' is a form of support that reduces risks in the venturing process by supporting university researchers in the pre-entrepreneurial stage and by exerting a robust bridging role between a university and an industry.
Journal of the Korean Institute of Landscape Architecture
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v.33
no.2
s.109
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pp.71-82
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2005
A large scale of riverside rearrangement has been recently done in the major rivers in Korea. So inundation possibility in agricultural area closed by these rivers has been higher than the possibility a few years ago. However, land use in this area has not been adjusted to a change of this situation near the rivers. Therefore, when typhoon or heavy rain is happened on this area, it can cause a large damage in agricultural area. This study analyzed inundation potentiality in agricultural area at Ibang-myeon, Changnyeong-gun, Kyeongnam-province, Korea by using the logistic regression model and the piecewise regression model. The first thing we did was to transfer the inundation area per elevation to the accumulated inundation area per elevation. This accumulated inundation area per elevation as an distribution function could be described by the logistic regression model(LRM), and piecewise regression model(PRM) could make it much more accurate to analyze the inundation area per elevation. As a result, the regression models derived from LRM and PRM showed $R^2$ over 0.950. The models derived from LRM and PRM in Ibang-myeon noted that frequently inundated area(FIA) was shown up to 12.12m in elevation, and potentially inundated area(PIA) was shown up to 14.60m in elevation. In FIA, regular agricultural activity would be impossible. And It would be not easy to continue the regular agricultural activity in PIA. So, this land should be rearranged to be used for a buffer zone for ecosystem protection, landscape conservation and things like that in riverside.
Measuring tree's volume is very important input data of various environmental analysis modeling However, It's difficult to use economical and equipment to measure a fragmented small green space in the city. In addition, Trees are sensitive to seasons, so we need new and easier equipment and quantification methods for measuring trees than lidar for high frequency monitoring. In particular, the tree's size in a city affect management costs, ecosystem services, safety, and so need to be managed and informed on the individual tree-based. In this study, we aim to acquire image data with UAV(Unmanned Aerial Vehicle), which can be operated at low cost and frequently, and quickly and easily quantify a single tree using SfM-MVS(Structure from Motion-Multi View Stereo), and we evaluate the impact of reducing number of images on the point density of point clouds generated from SfM-MVS and the quantification of single trees. Also, We used the Watertight model to estimate the volume of a single tree and to shape it into a 3D structure and compare it with the quantification results of 3 different type of 3D models. The results of the analysis show that UAV, SfM-MVS and solid model can quantify and shape a single tree with low cost and high time resolution easily. This study is only for a single tree, Therefore, in order to apply it to a larger scale, it is necessary to follow up research to develop it, such as convergence with various spatial information data, improvement of quantification technique and flight plan for enlarging green space.
Korean Journal of Agricultural and Forest Meteorology
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v.13
no.1
/
pp.35-40
/
2011
While high-definition precipitation maps with a 270 m spatial resolution are available for South Korea, there is little information on geospatial availability of precipitation water for the famine - plagued North Korea. The restricted data access and sparse observations prohibit application of the widely used PRISM (Parameter-elevation Regressions on Independent Slopes Model) to North Korea for fine-resolution mapping of precipitation. A hybrid method which complements the PRISM grid with a sub-grid scale elevation function is suggested to estimate precipitation for remote areas with little data such as North Korea. The fine scale elevation - precipitation regressions for four sloping aspects were derived from 546 observation points in South Korea. A 'virtual' elevation surface at a 270 m grid spacing was generated by inverse distance weighed averaging of the station elevations of 78 KMA (Korea Meteorological Administration) synoptic stations. A 'real' elevation surface made up from both 78 synoptic and 468 automated weather stations (AWS) was also generated and subtracted from the virtual surface to get elevation difference at each point. The same procedure was done for monthly precipitation to get the precipitation difference at each point. A regression analysis was applied to derive the aspect - specific coefficient of precipitation change with a unit increase in elevation. The elevation difference between 'virtual' and 'real' surface was calculated for each 270m grid points across North Korea and the regression coefficients were applied to obtain the precipitation corrections for the PRISM grid. The correction terms are now added to the PRISM generated low resolution (~2.4 km) precipitation map to produce the 270 m high resolution map compatible with those available for South Korea. According to the final product, the spatial average precipitation for entire territory of North Korea is 1,196 mm for a climatological normal year (1971-2000) with standard deviation of 298 mm.
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