As quality of life improves recently, people began to pay more attention to outdoor environment and outdoor activities. In case of the U.S.A., community garden is utilized as space for plant cultivation and horticulture activities and the space is also used for complex activities such as education, play, leisure and rest. At the same time, such diverse activities are linked with creating social and economic wealth, thus creating sustainable values in the community. This study targets to identify the social and economic effects of community garden. For this purpose, the study analyzes the detailed cases of community gardens in the U.S. and analyzed the contents of the study based on the theory of social capital. In case of Korea, community gardens are operated in the form of urbane farming and parks in most cases but it is desirable in terms of contribution to the community and sustainability to manage the community gardens with space characteristics and programs that set up communities by gathering many residents in the community. It is necessary to approach the matter of community garden comprehensively and to set up comprehensive and complex plans to form community gardens. This study is expected to function as an important base for such purpose.
Journal of the Korean Society of Marine Environment & Safety
/
v.11
no.1
s.22
/
pp.29-37
/
2005
The design and development if Resonant-type Magnetometer(RM) using isotropic magnetic with high permeability is described in this paper. At first, the relationship between the inductance L if the coil winding on a magnetic material and the permeability u(H) appearing in the magnetic material with isotropic and high permeability is defined as a background theory. Then the circuit if RM, which is to obtain the values if L as the change qf frequency is implemented using simple Schmitt Trigger Circuit Through the swinging tests, which is to evaluate the measurement ability if RM, the measurement possibility for the component of earth field was confined.
Korean Journal of Air-Conditioning and Refrigeration Engineering
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v.17
no.2
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pp.173-182
/
2005
The Performance of U-tube ground heat exchanger for geothermal heat Pump systems depends on the thermal properties of the soil, as well as grout or backfill materials in the borehole. In-situ tests provide a means of estimating some of these properties. In this study, in-situ thermal response tests were completed on two vertical boreholes, 130 m deep with 62 mm diameter high density polyethylene U-tubes. The tests were conducted by adding a monitored amount of heat to water over a $17\~18$ hour period for each vertical boreholes. By monitoring the water temperatures entering and exiting the loop and heat load, overall thermal conductivity values of grout/soil formation were determined. Two parameter estimation models for evaluation of thermal response test data were compared when applied on the same temperature response data. One model is based on line-source theory and the other is a numerical one-dimensional finite difference model. The average thermal conductivity deviation between measured data and these models is of the magnitude $1\%$ to $5\%$.
VO, Dut Van;TRAN, Truc Viet Thanh;DANG, Nga Thi Phuong
The Journal of Asian Finance, Economics and Business
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v.7
no.11
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pp.195-204
/
2020
The aim of this study is to estimate the impact of ownership structure on the performance of listed firms in transition economy. Buiding upon agency theory, hypotheses on such relationship are proposed. A detailed panel data of 502 non-financial companies listed on Ho Chi Minh Stock Exchange and Hanoi Stock Exchange over the period from 2013 to 2018, and the system generalized method of moment estimation are employed to test the proposed hypotheses. To ensure the reliability of data, this study excludes companies that violate information disclosure regulations or that are subject to special supervision by the State Securities Commission of Vietnam. Some firms with inadequate information, firms that lack the financial data required for creating variable or firms that have inconsistent construction are also re-screened. We only collect the data of enterprises that have ownership structure of two or more components. Estimation results reveal that state ownership has an U-shaped relationship with the performance of Vietnamese listed firms, while foreign ownership and the degree of ownership concentration have an inverted U-shaped relationship with listed firms' performance. The article provides governance implications that Vietnamese listed firms should decrease state ownership and foreign ownership to improve firm performance in order to boost investors' confidence.
Bulletin of the Society of Naval Architects of Korea
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v.12
no.1
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pp.47-58
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1975
The effect of the bow shape on the ship motion response among longitudinal regular waves, is investigated employing the strip theory. The two dimensional hydrodynamic forces such as added mass and damping are calculated by the integral equation method for arbitrary sections. Nine ship models are selected for investigation. They are U, UV and V bow ship forms of different block coefficient of 0.6, 0.7 and 0.8 with constant after body. The heave amplitude of the V bow ship is smaller than that of the U bow ship in the whole range of wave length except extremely short wave as were stated by the earlier investigators. This results holds also in the case of bow vertical motions such as vertical relative displacement, velocity and acceralation. As to the pitch amplitudes, the V bow ship gives smaller value in long waves but larger value in short waves. However, heave and pitch phase angles are practically not influenced by the form of the fore body sections. In the bow motions, a little difference in phase angle is appeared in the vicinity of the wave which has same ship length. With respect to the wave exiting force and moment unfovourable effects could be expected in V bow ships. And these tendency hold also in the wave bending moment.
The purpose of this paper was to analyze and to compare the creativity of Nam-June Paik and Louis 1. Kahn to understand the characteristics of creative people. Both of them got strong supports from their family and close people. As they were not originally from the U.S., political and city environments where they settled in the U.S. for the first time strongly influenced their creative activity. The difference in the creative contexts of Paik and Kahn is that Paik had more visual cues in his childhood due to the rich environments. The various visual cues influenced his wide interests in video arts. In creative process, even though both of them more focused on the beginning stage of creative process, there were differences in creative problem solving styles. Kahn considered the imaging and perception as the most Important working process. For him, intuition(gestalt view) and ideation(generator) are more important than intellectual skill. On the other hand, Paik thought the symbolization(conceptualizer) based on his own experience and philosophy(associationism) was the most important.
Ryu, Seol;Kyoung K. Baeck;Han, Yeong Gyu;Lee, Yun Seop
Bulletin of the Korean Chemical Society
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v.22
no.9
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pp.969-974
/
2001
Model calculations for small molecules Li2, F2, LiF and BF have been performed at the Dirac-Fock level of theory using Dirac-Coulomb and Dirac-Coulomb-Magnetic Hamiltonians with various basis sets. In order to understand what may happen when the relativity becomes significant, the value of c, speed of light, is varied from the true value of 137.036 a.u. to 105 (nonrelativistic case) and also to 50 and 20 a.u. (exaggerated relativistic cases). Qualitative trends are discussed with special emphasis on the effect of the magnetic part of the Breit interaction term. The known relativistic effects on bonding such as the bond length contraction or expansion are demonstrated in this model study. Total energy, $\pi-orbital$ splitting, bond length, bond dissociation energy and dipole moment are calculated, and shown to be modified in a uniform direction by the effect of the magnetic term. Inclusion of the magnetic term raises the total energy, increases the bond length, reduces the $\pi-orbital$ splitting, increases the bond dissociation energy, and mitigates the changes in dipole moment caused by the Dirac term.
The development of science and transportation technology leads to the increase of inter - city networks that play an important role in urban growth. Overall, numerous studies based on network theory pay attention to positive effects of urban network on urban growth. However, some studies have pointed out the negative effects of inter-city interactions such as straw effects. This implies that the network between cities may not be positively correlated with urban growth, and that the direction of the influence may vary from a certain threshold, such as the marginal utility curve. In this context, the purpose of this study is to measure the impacts of network with central city on urban growth in the capital region and examine the relationship between urban network and growth. Two multiple regression models are employed with changes in population and employment as dependent variables. The urban network index and other control variables are used as independent variables. Especially, the urban network indexes are used in quadratic forms to examine non linear relations with urban growth such U-shape or an inverted U-shape. The results show that the relationships between networks with the central city and urban growth are not a simple linear, and the influence can be changed from the critical point.
Franchising is one of the fastest growing types of business. It is already popular and well-known in the U.S., and has been growing in many other countries including Korea. Furthermore, many Korean franchising companies have expanded their business overseas actively. According to the data by the Ministry of Industry and Resource, 82 companies out of a sample of 500 franchising companies are already operating in many foreign countries and 48% of them have started their foreign business since 2006. This clearly indicates the fast growing current trend of foreign operation by Korean franchising companies. In spite of the fast growing trend of foreign expansion in the industry, academic research on internationalization of franchising companies is extremely difficult to find. Accordingly, academic research on the issue is necessary and urgent in Korea. Among the various research questions on internationalization of franchising business, this study intends to investigate the difference in organizational factors between the franchising companies doing foreign operation and those doing business only domestically. More specifically, this research has the following purposes. First, considering the lack of theoretical basis of previous studies, resource-based theory and agency theory are employed as the theoretical bases. Second, this study explains the difference in internationalization based on organizational factors such as company size, history and growth rate. Third, the five hypotheses regarding the difference in organizational factors are presented and tested empirically, which is the first attempt in the area of this topic. Finally, the study attempts to clarify the conflicting implications among theories regarding some organizational factos such as growth rate. As the theoretical background, resource-based theory and agency theory are discussed. According to resource-based theory, a firm can grow continuously when it has competence and resource, and also the ability to develop them. The competence and resource can include capital, human resource, management skill, market information, ability to manage risk, etc. Meanwhile, agency theory views the relationship between franchisor and franchisee as an agency relationship. In agency theory, bonding capability and monitoring capability are the two key factors which promote internationalization of franchising companies. Based on the two theories, a conceptual model is designed. The model consists of two groups of variables. One is organizational factors including size, history, growth rate, price bonding and geographic dispersion. The other is whether a franchising company is operating overseas or not. We developed the following five research hypotheses basically describing the relationship between organizational factors and internationalization of franchising companies. H1: The size of franchising companies operating overseas is larger than that of franchising companies operating domestically. H2: The history of franchising companies operating overseas is longer than that of franchising companies operating domestically. H3: The growth rate of franchising companies operating overseas is higher than that of franchising companies operating domestically. H4: The price bonding of franchising companies operating overseas is higher than that of franchising companies operating domestically. H5: The geographic dispersion of franchising companies operating overseas is wider than that of franchising companies operating domestically. Data for the analyses are obtained from 2005 Korea Franchise Survey data co-generated by Ministry of Industry and Resource, GS1 Korea, and Korea Franchise Association. Out of 2,804 population companies, 2,489 companies are excluded for various reasons and 315 companies are selected as the final sample. Prior to hypotheses tests, validity and reliability of the measures of size, history, growth rate and price bonding are examined for further analyses. Geographic dispersion is not validated since it is measured using nominal data. A series of independent sample T-tests is used to find out whether there exists any significant difference between the companies internationalized and those operating only domestically for each organizational factor. Among the five factors, size and geographic dispersion show significant difference, growth rate and price bonding do not reveal any difference and, finally, history factor shows conflicting results in the difference depending on how to measure it.
shows the summary statistics for hypotheses testing. In conclusion, the results show that the size and history, which are the key variables in resource-based theory, have a significant relationship with internationalization and that geographic area, which belongs to agency theory, also has a strong relationship with internationalization. The results support the findings of extant research and, therefore, prove the usefulness of resource-based theory and agency theory in explaining internationalization of franchising companies. However, growth rate and price-bonding do not show a clear difference between the two types of companies. Accordingly, these two factors need further attention in the future research. Although this study shows meaningful findings theoretically and practically, it has several limitations. First, only organizational factors are considered even if there are various environmental factors influencing franchising firm's internationalization. Second, only being internationalized or not is considered. That is, modes of entry and the size of foreign operations are not included in the study. Third, internationalization strategy is often determined based on the desire for business expansion and higher profitability and egoistical reasons of the CEOs. However, this type of factors belonging to behavioral science is not discussed in the study. Finally, organizational ecology perspective is usefully applicable in explaining the survival and performance of internationally operating companies. Accordingly, research propositions based on this perspective need to be developed and tested.
This study is to analyse how trust and asset specificity among partner firms affect on performance of international joint venture(IJV). Especially, the analysis was mainly based on a quadratic model. While it assumes that the previous studies was based on linear model in the relationship between trust, asset specificity and the performance, this study proceeds a empirical analysis by setting up a hypothesis; it would be quadratic relationship between trust, asset specificity and performance which are based on social capital theory and transaction cost theory. The survey was held with 74 manufactures who were established as an IJV by Korean and foreign firms together. In the result of the empirical analysis, trust shows an inverted U-shaped relationship with IJV performance. Also, asset specificity shows the U-shaped relationship with IJV performance. The results suggest that it needs to control and maintain the trust level among the partners in order not to lose an appropriate control caused by too much trust. In order to minimize the cost generated by asset specificity and to transform it into positive impact, it needs a control and the operation of monitoring system on the opportunistic action of the partners. Furthermore, it needs to keep organizational flexibility and innovativeness to continuously develop new capabilities.
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