• The Journal of Economics, Marketing and Management
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• v.7 no.1
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• pp.1-14
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• 2019

Purpose - Currently, the economic globalization has become a common channel for China's enterprise to perform the international economic activities. Due to this background, this paper tries to analyze the influence of internationalization level on operation performance of enterprises. Research design, data, and Methodology - This paper aims at 296 companies going listed in Shanghai Stock Exchange and Shenzhen Stock Exchange. The data about the listed companies during the 12 years from 2005 to 2016 have been collected. Relevant theories, including the theory of comparative advantage, monopolistic advantage and product life cycle in developed countries as well as the small scale technology and state on localized technological capacities in developing countries, have been summarized to provide theoretical basis for the influence of international operation on operation performance of the enterprises. Moreover, the current status of international operation of China's enterprises, including the dynamic cause of the internationalization of China's enterprises, its competitive advantage and disadvantage as well as the interest and potential risk of the internationalization, have been also analyzed. Results - Via adopting the panel data to conduct an empirical analysis, It can be found that the relationship between international operation level and operation performance of China's enterprises can be expressed as the S-curve of declining, rising and declining again. Conclusions - This paper has taken the lead in using Ohlson corporate value model to fill the gap in the relevant researches in China. It can also provide guidance for the international operation of China's enterprises. Meanwhile, the two systems for international operation and performance evaluation index have been put forward. The performance of international operation can be classified as financial performance or corporate value so that the operation effect of those China's enterprises going abroad can be better evaluated.

• Journal of the Architectural Institute of Korea Planning & Design
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• v.36 no.2
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• pp.79-86
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• 2020

In order to accommodate the increase in urban population due to government-led national planning and economic growth, many buildings such as houses and business building were supplied. Although the building law was revised and managed to manage the supplied buildings, for the sake of economic benefit, there have been buildings that are enlarged or reconstructed without declaring building permits. In order to manage these buildings, on-site surveys were conducted. but it has many personnel consumption. To solve this problem, a method of using a satellite image and a manned aircraft is utilized, but it is diseconomical and a renewal cycle is long. In addition, it is not utilized to the height, and although it is judged by the shading of the building, it has limitations that it must be calculated individually. In this study, height of the building was calculated by using the unmanned aerial vehicle with low personnel consumption, and the accuracy was verified by comparison with the building register and measured value. In this study, spatial information was constructed using a fast unmanned aerial vehicle with low manpower consumption and the building height was calculated based on this. The accuracy by comparing the calculated building height with the building register and the actual measurement.

• The Journal of Sustainable Design and Educational Environment Research
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• v.21 no.2
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• pp.1-10
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• 2022

This study aims to prepare an objective project basis by reviewing the feasibility of reconstructing and remodeling Greensmart Future School project for S High School's main building, which was built more than 40 years ago, in Incheon Metropolitan City, and to apply and review an effective methodology for determining renovation and remodeling. To this end, the feasibility of reconstruction and remodeling was evaluated in the long term by synthesizing the results of quantitative evaluation through economic review and qualitative evaluation through educational functional review. As a result of the study, it was found that the reconstruction plan was advantageous throughout all alternatives in terms of economic costs, and the field survey indicated limitations in spatial functions to support students' various educational activities and applying new directions, especially the 2022 revised curriculum and high school credit system.

• Journal of the Korea Institute of Building Construction
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• v.22 no.5
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• pp.451-462
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• 2022

The objective of the study is to establish a BIM modeling of precast concrete(PC) shear wall with various wall-to-base connections. The family library of PC shear wall was established in BIM program using component function in a IFC(Industry foundation classes) file format and SketchUp program. From the BIM program, the amounts of concrete, reinforcing bars and steel materials as well as the interference of arranged reinforcing bars can be accurately evaluated in the PC shear walls with spliced sleeves, bolt, or welding plate connection methods. Although the additional metallic materials such as steel plates, bolts, and nuts were used in the PC shear walls with welding plate connection method, their amounts of materials, economic efficiency, and environmental impact were similar to those with spliced sleeve connection. Consequently, the bolt or welding connection is a highly applicable method as wall-to-base connection of PC shear walls, and it was a more useful method than spliced sleeve method, particularly considering the constructability.

• Journal of Korea Port Economic Association
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• v.38 no.2
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• pp.153-164
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• 2022

In this study, we estimate the quantile-regression framework of the shipping industry for the Capesize used ship, which is a typical raw material transportation from January 2000 to December 2021. This research aims two main contributions. First, we analyze the relationship between the Capesize used ship, which is a typical type in the raw material transportation market, and the freight market, for which mixed empirical analysis results are presented. Second, we present an empirical analysis model that considers the structural transformation proposed in the Hyunsok Kim and Myung-hee Chang(2020a) study in quantile-regression. In structural change investigations, the empirical results confirm that the quantile model is able to overcome the problems caused by non-stationarity in time series analysis. Then, the long-run relationship of the co-integration framework divided into long and short-run effects of exogenous variables, and this is extended to a prediction model subdivided by quantile. The results are the basis for extending the analysis based on the shipping theory to artificial intelligence and machine learning approaches.

• The Journal of the Convergence on Culture Technology
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• v.10 no.4
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• pp.495-499
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• 2024

This article summarizes the importance, definition, key strategies and future directions of sustainable packaging design.In modern society, sustainable packaging design is not only concerned with environmental protection and resource conservation, but also involves economic, social and cultural sustainable development.This paper explores strategies to reduce environmental burden and promote ecological balance by using environmentally friendly materials, optimizing packaging design, improving packaging recyclability and reuse. In addition, the article emphasizes the importance of design innovation, such as adopting a simplified design concept and modular system, as well as increasing the versatility of packaging.It also explores the application of life cycle assessment in packaging design to ensure that every step from design to disposal minimizes environmental impact. Finally, despite the environmental and social benefits that sustainable packaging design brings, it still faces technical, economic and regulatory challenges in practice.Future design will require interdisciplinary collaboration, integration of advanced technologies, consumer education and engagement, and enhanced policy and standard-setting to promote widespread adoption and practice of sustainable packaging.

• Journal of Korean Society of Forest Science
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• v.98 no.4
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• pp.426-434
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• 2009

This study was carried out to derive the most optimal production process for the wood fuels(chip and pellet), by collecting cost data on each procedure through the life cycle assessment approach, and to compare between the profitability and efficiency, from the view points of producers and consumers, irrespectively. The costs accounted in this analysis were based on the opportunity cost. The results show that wood chips are cheaper than wood pellets in production costs. In respect to the process with the lowest production cost, while wood chips should be to crush collected residues into pieces on the spot for merchandizing, wood pellets need to be transported to manufactory for pelletizing. The study findings also include that the profits, which is estimated by subtracting expenses from gained sale revenue, were a bit higher for wood chips than wood pellets. Additionally, the price ratio of wood pellets to wood chips for getting the same caloric value appears to be 1.27. Despite of economic benefits of processing wood chips, there are several problems in practice. For producers, there is a possible increase in not only transportation cost for conveying crushers to the dispersed places, but storage cost due to the lack of the marketplaces in the immediate surroundings. For consumers, on the other hand, there are some challenging issues, such as bulky storage facility requirement, additional labor for fuel supplement, frequent ashes disposal, and decomposition in summer and freezing in winter caused by wood chips' own moisture.

• Korean Journal of Construction Engineering and Management
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• v.17 no.6
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• pp.40-52
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• 2016

In the 1960s and 1970s when Korea experienced rapid economic growth, a considerable number of buildings were constructed in the country. And since 2000, a large number of sizable and complex buildings have been being built. Specifically, as the operation and maintenance cost alone accounts for 85% of the life cycle cost of a building, efficient Facility Management (FM) is required. However, data needed in the operation and maintenance phase are not sufficiently exchangeable with data created in other phases like the planning, design and construction phases. The upper phase has higher value of data but data exchange rate is low, resulting in inefficiency. To this end, this research derived major business functions for facility management: three categories and 19 detailed functions in classification from owner's perspective. Based on the derived items, this research proposes a methodology to evaluate the 'FM Workload', 'Facility Management (FM) Data', and 'FM Data Created in Engineering and Construction Phases' thereby analyzing plans for efficient operation and maintenance. The applicability of proposed methodology was tested by examining real-world cases of public and private companies.

• Journal of the Korean Society for Railway
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• v.19 no.6
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• pp.826-832
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• 2016

Reduced greenhouse gas effect induced by LID (Low Impact Development) technique application in tramway construction was quantified to increase environmental benefit as part of an overall economic assessment. In addition, by application of penetration type permeable blocks, the effect of the urban water cycle was examined as a special assessment item in the policy analysis. The carbon emission ratios of the permeable turf block, according to the turf coverage rate (100%, 50% granite, and 50% HDPE), against the concrete track construction were -184.7%, -127.3%, and -116.3%, respectively. The carbon emission ratios of permeable blocks with granite and HDPE were 30.1% and 52.5%. In the case of the penetration type permeable block, it was possible to store rainfall in the block until 90mm/hr of rainfall intensity (94.3% of water reserve rate); therefore, this method was effective as part of the urban water cycle system. As a result, an increased environmental benefit from LID technique application is expected in tramway construction; this needs to be considered as a policy factor in AHP analysis.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2008.11a
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• pp.233-238
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• 2008

Korea has a high volume of exhaust in environmental pollutants compared to her economic size, which results from the increase of the ratio in high energy consuming industries. There arises an issue that efficient energy saving is not achieved in the related projects of the construction, which is one of the high energy consuming industries. In addition, such projects of dismantling old and decrepit buildings are frequent in recent years. Given the situation, to obtain much better effects of energy saving, it is necessary to build basic databases and develop utilization plans on energy consumption volume, exhaust volume of pollutants, and environmental expenses that come from the dismantlement stages out of the life cycle of construction projects. Therefore, this study calculates the exhaust volume of environmental pollutants, converts it into environmental expenses by pollutants, and evaluates the environmental economics on the projects of dismantling buildings, utilizing LCI DB that is suggested by Ministry of Knowledge Economy and Ministry of Environment. For this purpose, related data research, the existing literature study, and on-the-spot field investigation were conducted. Based on the results of analysis on the collected data, the environmental economics of the target building was evaluated.