• Title/Summary/Keyword: capacity of Opportunity

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The Structural Relationship between Entrepreneurial Competency, Entrepreneurial Opportunity Recognition on and Entrepreneurial Intentions of Middle-aged Eldery Office Workers (중·장년 직장인의 창업역량과 창업기회인식 및 창업의지의 구조적 관계)

  • Choi, In Woo
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.17 no.5
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    • pp.169-185
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    • 2022
  • This study analyzed the effect of entrepreneurial competency on entrepreneurial intentions by using the entrepreneurial opportunity recognition as a mediator for middle and middle-aged office workers. The sub-variables of entrepreneurial competency are classified into management competency, technology competency, business competency and funding competency. 222 copies of questionnaires collected from middle-aged and elderly office workers residing across the country centered on the metropolitan area were used for empirical analysis. Based on a simple mediating model with singular mediator using SPSS v22.0 and PROCESS macro v4.0. was analyzed. As a result of the analysis, first, among entrepreneurial competencies, business competency and funding capacity were found to have a positive (+) significant effect on the entrepreneurial intentions, but management and technical competency did not have a significant effect. The higher the business competency and funding competency. Second, it was found that all of the sub-variables of entrepreneurial competency had a significant effect in the positive (+) direction on the recognition of entrepreneurial opportunities. It was confirmed that management competency has the greatest influence on the entrepreneurial opportunity recognition and technology competence has the smallest effect. Third, it was found that the entrepreneurial opportunity recognition had a significant effect on entrepreneurial intentions. The discovery of an opportunity recognizing opportunities for start-up is a prerequisite for entrepreneur. Fourth, it was found that the entrepreneurial opportunity recognition mediates between the management competency, technological competency, business competency, funding competency, and entrepreneurial intention. It suggests that opportunity discovery by recognizing opportunities for entrepreneurship is a prerequisite for start-up. As implications of this study, it suggests that in order to inspire middle-aged and elderly office workers to start their own business, it is necessary to have indirect experience with education and to establish and promote a government support system for financing.. Second, It suggests that education on leadership and organizational management is particularly necessary to strengthen the opportunity recognition. Third, it suggests that the discovery of opportunities to recognize opportunities for start-up is a prerequisite for entrepreneur. Therefore, it is necessary to prepare a manual and conduct training on opportunity search, recognition, evaluation, and utilization according to the stage of opportunity development. Fourth, it suggests that in order to strengthen the intention to start a business, ALso, it is necessary to manage both the entrepreneurial competency and entrepreneurial opportunities recognition at the same time. By presenting the practical directions that can be given differentially, we intend to contribute to the provision of practical directions and policy establishment for the promotion of entrepreneurial activities of office workers who can give vitality to the ecosystem.

Sharing Innovation's Benefits

  • Oh, Deog-Seong;Phillips, Fred
    • World Technopolis Review
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    • v.4 no.3
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    • pp.126-131
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    • 2015
  • WTR articles to date have addressed raising innovation capacity in lagging regions. We now move to the question of sharing the benefits of specific innovations, noting that one way to do this is to focus on a particular technology as a demonstration project within a capacity-building project. The word "sharing" implies mechanisms that go beyond simple buy-sell transactions. This paper catalogs a number of these mechanisms, which in fact include many well-known technology transfer techniques. The paper focuses in particular on two mechanisms, technology assessment and new institutions, the latter including three Korean institutions. A manager seeking to benefit from the several mechanisms currently must find them in as many different places. We therefore present the possible "roll-up" of sharing mechanisms as an opportunity in social entrepreneurship. We hope the paper will lead to an expanded list of sharing mechanisms, consideration of their feasibility in different regions, and ultimately a one-stop shop for managers seeking to benefit their own and other organizations by the sharing of innovations.

A Normative Analysis on Broiler Farm investment in Korea (육계 건물 및 시설에 대한 투자 분석)

  • 김정주
    • Journal of Animal Environmental Science
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    • v.3 no.1
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    • pp.49-56
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    • 1997
  • Most of Korean broiler farms are constructed with vinyl houses. Such types of broiler farms might be cheaper in terms of cost, but poor in terms of environment condition. According to enlargement of broiler farm size, high value production systems or automatic facilities are introduced in this field. However, investment may not always guarantee the profit of the management. Therefore, it is necessary to undertake the investment analysis before decision making for the investment. Under the assumption that 870 Pyoung(≒$3.3㎡) of a broiler farm within 1,740 Pyoung(≒3.3㎡) of land is built with the producing capacity of 50,000 heads of chicken in a time. The total investment is calculated to be 600 million won(1,000 won≒$1.1), and out of them 58.1% is provided by the owner, 31.6% from the government loan, 5.8% from government subsidy, and 5.3% from other agencies or banks. The expected profit of the broiler farm is 64.6 million won(1,000 won≒$1.1) per year. The IRR calculated is 0.0808 which means that the rate to profit of this project would be 8.1%. This also means that for this investment the interest rate of the capital provided should be less than 8.1% per year. Considering that the current opportunity cost of the own capital is 8.5% this project is not so attractive for those who is going to build broiler farms mainly with their own capital. In other words this project would not be profitable, unless the average interest rate of the loans provided for this project is less than 8.1% per year.

Research for improving quality of SI(System integration) development project (시스템 통합(SI) 구축 사업 품질 향상을 위한 연구)

  • Kim, Seok-Kwan;Ryu, Gab-Sang
    • The Journal of Korea Institute of Information, Electronics, and Communication Technology
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    • v.11 no.3
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    • pp.215-220
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    • 2018
  • This paper limited the participation of large corporations in the mass information market by revising the Software Industry Promotion Act in order to increase business opportunity, equality of opportunity, and capacity building for small and medium sized IT companies. However, it is a fact that the medium and small SW companies have insufficient business capacity and expose various problems such as quality degradation of public information business, inadequate risk management, and deterioration of schedule management. In order to solve this problem, this paper derived the factors of quality deterioration in the system integration project and proposed to carry out the project by using some activities of VISUALIZATION, rigorous test management and Agile Methodology as a solution. Applying these measures to healthcare IT projects developed by midsize / small-sized IT companies has improved communications, improved quantitative progress management and improved project visibility. In addition, it contributed to minimizing defect resolution time, improving the requirement coverage ratio, and shortening unnecessary meeting time.

A Study on the Factors Affecting the Entrepreneurial Intentions of Manufacturing Industry Employees: Focused on the Effects of Entrepreneurship and Personal Characteristics (중소 제조업 종사자의 창업의도에 미치는 영향 요인에 관한 연구: 기술개발 지원사업의 조절효과를 중심으로)

  • Shin, Yong-Sik;Kim, Jae-Hong;Lee, Il-han
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.16 no.4
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    • pp.135-151
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    • 2021
  • This research attempts to analyze the factors influencing the entrepreneurial intention of employees in manufacturing field. In particular, key factors of entrepreneurship and personal characteristics explain a significant association with the intention to start-up. And study whether R&D support from public enterprise adjusts intention to entrepreneurial Intention. This study conducted a online survey on 292 small and medium-sized enterprise manufacturing employees in May 2020. Using linear regression model and binary logistic model. The main study results are the following: First, among the key factors(innovativeness, proactiveness, risk-taking) of entrepreneurship, proactiveness hardly influenced the opportunity competency. Second, among the factors(risk-taking propensity, locus of control, tolerance for ambiguity) of personal characteristics, locus of control hardly influenced the opportunity competency. Third, opportunity competency(opportunity recognition and opportunity evaluation) had positive influence to entrepreneurial intention. Fourth, the study investigated the mediated effect of opportunity competency. The result showed that among the factors of entrepreneurship and personal characteristics, only two factors that are proactiveness and locus of control were not mediated by opportunity competency. and opportunity evaluation was acted as a mediator between proactiveness and entrepreneurial Intention, compared with opportunity recognition. Lastly, public enterprise's R&D supporting moderated the entrepreneurial intention). Based on the result, the study showed that first, the key factors of entrepreneurship except for proactiveness and personal characteristics(risk-taking propensity, locus of control, tolerance for ambiguity) except for locus of control affect the intention to start-up, repeatedly. This results are explained that employees have not started a business yet. Second, research on start-up suggests the need to analyze factors differentiated before and after the start-ups. Based on the results, entrepreneurship and personal characteristics show that study on the effects of start-up intentions should be carried out before and after the actual start-up takes place, and can be used as effective data in policies to promoting start-ups in manufacturing field.

Impacts of Emotional Capacity of Managers on Transformational Leadership Behavior in Enterprises: A Case Study in Vietnam

  • TRAN, Quang Bach;NGUYEN, Thai Dung
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.10
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    • pp.201-214
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    • 2022
  • Transformational leadership styles are seen as key to inspiring employees to embrace change, as well as to build a sense of responsibility and autonomy at work. This study aims to examine the impact of managers' emotional capacity on transformational leadership behavior in enterprises in Vietnam. Using quantitative research methodology, through exploratory factor analysis (EFA) and linear structure model (SEM), with survey data of 632 samples who are managers of different levels in the enterprise. Research results show that the emotional capacity of managers has both a direct and indirect impact on transformational leadership behavior through the intermediary factors of knowledge sharing at work and corporate social responsibility for employees. Based on that, the study proposes a number of recommendations to promote transformational leadership behavior in enterprises. The findings of this study have demonstrated the importance and impact of managers' emotional capabilities across multiple dimensions of transformational leadership behavior. These are both theoretical and practical contributions that provide managers with greater insight into their emotional capabilities and the need for transformational leadership behaviors. At the same time, the results of this study will also be an important foundation for further research.

Hybrid Spectrum Sharing with Cooperative Secondary User Selection in Cognitive Radio Networks

  • Kader, Md. Fazlul;Asaduzzaman, Asaduzzaman;Hoque, Md. Moshiul
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.7 no.9
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    • pp.2081-2100
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    • 2013
  • In this paper, we propose a cooperative hybrid spectrum sharing protocol by jointly considering interweave (opportunistic) and underlay schemes. In the proposed protocol, secondary users can access the licensed spectrum along with the primary system. Our network scenario comprises a single primary transmitter-receiver (PTx-PRx) pair and a group of M secondary transmitter-receiver (STx-SRx) pairs within the transmission range of the primary system. Secondary transmitters are divided into two groups: active and inactive. A secondary transmitter that gets an opportunity to access the secondary spectrum is called "active". One of the idle or inactive secondary transmitters that achieves the primary request target rate $R_{PT}$ will be selected as a best decode-and-forward (DF) relay (Re) to forward the primary information when the data rate of the direct link between PTx and PRx falls below $R_{PT}$. We investigate the ergodic capacity and outage probability of the primary system with cooperative relaying and outage probability of the secondary system. Our theoretical and simulation results show that both the primary and secondary systems are able to achieve performance improvement in terms of outage probability. It is also shown that ergodic capacity and outage probability improve when the active secondary transmitter is located farther away from the PRx.

Comparative Analysis of Runway Ultimate Capacity using Wake Turbulence Re-Categorization (Wake Turbulence RECAT을 적용한 활주로 절대 수용량 비교 분석)

  • Jeongwoo Park;Huiyang Kim;SungKwan Ku
    • Journal of Advanced Navigation Technology
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    • v.25 no.6
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    • pp.498-509
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    • 2021
  • The wake turbulence at the wingtip of preceding aircraft may affect the normal operation of following aircraft. Aircraft are classified into four categories according to their maximum take-off weight, and horizontal separation is applied with this category matrix. The FAA and EUROCONTROL revealed that the magnitude and effect of preceding aircraft wake turbulence were smaller than the current distance separation minima suggest. This new information presents the opportunity for revising wake turbulence minima into seven categories (RECAT). This paper confirms the feasibility of implementing RECAT at major airports in South Korea using the draft of ICAO Doc. 10122. The paper also calculates the ultimate runway capacity of Incheon International Airport in South Korea using the Harris Model and comparatively analyzes the amount of runway capacity. As a result of the analysis, it was confirmed that the implementation of RECAT could increase the ultimate runway capacity of Incheon International Airport. This paper's calculation methods and results can be used as primary data for implementing RECAT in other airports.

Exploring Southeast Asian Studies beyond Anglo-America: Reflections on the Idea of Positionality in Filipino Thought

  • de Joya, Preciosa Regina
    • SUVANNABHUMI
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    • v.11 no.1
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    • pp.41-70
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    • 2019
  • As a response to Peter Jackson's call for a Southeast Asian Area Studies beyond Anglo-America, this paper argues that the achievement of this salient objective hinges on an understanding of the idea of positionality and what it entails. Drawing from reflections from Filipino scholars, positionality can be understood not merely as one's determination through geographic location or self-knowledge of one's condition within the politics of knowledge production; rather, it is the power and opportunity to claim a place from which one understands reality in one's own terms, and the capacity to effect influence within her intellectual domain. In redefining positionality as such, one realizes that crucial to establishing Southeast Asian Area studies beyond Anglo-America is acknowledging the importance of the vernacular in the production and circulation of knowledge, as well as the constant danger of English as the global lingua franca, established in the guise of an advocacy that resolves unevenness by providing equal opportunity for all intellectuals to gain "global prominence." This paper argues that, instead of trying to eradicate unevenness, one can acknowledge it as the condition of being located in a place and as a privileged position to think and create beyond the shadow of Anglo-American theory.

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Experimental validation of smartphones for measuring human-induced loads

  • Chen, Jun;Tan, Huan;Pan, Ziye
    • Smart Structures and Systems
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    • v.18 no.3
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    • pp.625-642
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    • 2016
  • The rapid technology developments in smartphones have created a significant opportunity for their use in structural live load measurements. This paper presents extensive experiments conducted in two stages to investigate this opportunity. Shaking table tests were carried out in the first stage using selected popular smartphones to measure the sinusoidal waves of various frequencies, the sinusoidal sweeping, and earthquake waves. Comparison between smartphone measurements and real inputs showed that the smartphones used in this study gave reliable measurements for harmonic waves in both time and frequency domains. For complex waves, smartphone measurements should be used with caution. In the second stage, three-dimensional motion capture technology was employed to explore the capacity of smartphones for measuring the movement of individuals in walking, bouncing and jumping activities. In these tests, reflective markers were attached to the test subject. The markers' trajectories were recorded by the motion capture system and were taken as references. The smartphone measurements agreed well with the references when the phone was properly fixed. Encouraged by these experimental validation results, smartphones were attached to moving participants of this study. The phones measured the acceleration near the center-of-mass of his or her body. The human-induced loads were then reconstructed by the acceleration measurements in conjunction with a biomechanical model. Satisfactory agreement between the reconstructed forces and that measured by a force plate was observed in several instances, clearly demonstrating the capability of smartphones to accurately assist in obtaining human-induced load measurements.