• Asia-Pacific Journal of Business
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• v.10 no.2
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• pp.65-77
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• 2019

The after China's reform and opening up, the country has been facing the era of material abundance based on its economic power. The Chinese food industry has been growing along with economic growth, high quality, and diversified customer needs. Also, as Chinese people have strong attachment to food, many food franchise companies have been also growing rapidly. As the Chinese government encourages and supports the field of food franchises, so that the quality and quantity of the Chinese restaurant industry have been improved largely. Meanwhile with the support of the Korean government to enter the overseas market, the number of Korean franchise companies are increasing to operate their business in China. Under the influence of Chinese food industrial climate, Korean companies are also in search of global market advancement to China. However, the risks in China are unexpectable, which means that the recent move of China is literally showing rugby action, criticism of operating businesses in China has been climbed up and the domestic SMEs are seriously considering whether to stay or leave. This study investigates the environmental risks of Chinese enterprises, in which the food franchise companies could experience, to manage any risks from entering the Chinese market with uncertainty. Through SWOT analysis and cases, strategies to avoid the risks are suggested for Korean companies to enter the Chinese markets. Therefore, this study researches in the current status of Chinese and Korean restaurants, explores any risks in China in terms of exports to China and market advance, develops strategies to avoid those risks, and provides essential suggestions for entering into Chinese market.

• International Area Studies Review
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• v.16 no.1
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• pp.101-122
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• 2012

This present paper examines stochastic cost functions of Malaysian commercial bank from 1991 to 1997 periods catches the changes un their management structure and technical efficiency. Then we also discuss policy implications for bank integration and competition policy which is the part of current financial reform that reinforces the banking sector. The present paper contributes to the expansion of their study in two respects. Firstly, we have estimated the cost function, availing ourselves of SEA based on a parametric approach. Secondly, our model also includes as a factor the existence of bad debts. According to our results, we observed economies of scale clearly, but economies of scope and technological progress were not observed. Regarding the policy implications, the result of our analysis suggests strongly that the current policy is appropriate.

• Journal of the Korean Society for Geothermal and Hydrothermal Energy
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• v.18 no.1
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• pp.1-11
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• 2022

As abnormal climates occur due to the increase in greenhouse gases at home and abroad, various problems such as human casualties, crop damage, energy depletion, and economic loss due to heat diseases, which are one of the extreme climate phenomena, are following one after another. In response, the government has established the 'Climate Crisis Response Special Committee' since 2018, when it recorded the greatest damage in history due to heat waves, and has been carrying out budget formation and reform of laws and systems every year to respond to heat waves. However, in relation to the heat wave damage reduction facility that is being expanded with a large budget, there is no prior research related to the degree of heat loss due to the use of the facility, the difference in effects between specific groups, and the economic effect that comes back compared to the invested budget. Therefore, from a midto long-term perspective, it is expected that it will be difficult to establish a clear direction for policy making. Therefore, in this study, representative facilities were selected according to the principle of heat reduction among the currently expanded heat damage reduction facilities, and a questionnaire survey was conducted for users of each reduction facility (waterfall, awning, pond, and elastic pavement). Accordingly, the change in the sense of heat according to the use of the heat damage reduction facility was checked, and the change in the sense of heat according to the group characteristics (gender, age, metabolic rate) was analyzed to examine the characteristics of the relationship between the facility and the users.

• Journal of the Economic Geographical Society of Korea
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• v.24 no.4
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• pp.446-462
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• 2021

The aim of this paper is to examine the long-standing regional disparities and social division in the UK which are considered one of the crucial facts of Brexit. Since Brexit, also, the changed regional development policies are reviewed. Regarding policy perspective, we delve into the process of the UK government's strategic policy choices, such as privatisation of public enterprises and financial reform, amid the neoliberal globalisation in the late 1970s, drawing its implication to us having similar problems. Besides, the UK's self-sustaining regional development fund, policy, and changed governance are dissected with several ongoing debates. Finally, this study asserts the necessity of the social consensus of regional disparity policies and the establishment of the spatial environment particularly in regions left behind, giving the quality and equity of life.

• Proceedings of the Korea Water Resources Association Conference
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• 2022.05a
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• pp.211-211
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• 2022

The marketization reform from the open-door policy in 1978 was not only booming export-oriented industries with foreign investment but also expanding the role of private actors in the Chinese water sector. Private Sector Participation (PSP) has become an important element in developing urban infrastructure by providing better services with advanced facilities. The rapid development of PSP-driven urban water infrastructure in China has a positive impacted on Chinese economic development, particularly in coastal areas. PPPs in some coastal areas have successfully spread out over China since China applied the first Build-Operate-Transfer (BOT) mode in the water sector in the early 1990s. The market-oriented water and wastewater, Public-Private Partnership (PPP) mechanism in the initial period of China has been transformed into a state-dominated PPP mechanism. The development pattern of the water and wastewater PPPs in China has been divided in four stages: the first period from 1984 to 2002, the second period from 2003 to 2008, the third period from 2009 to 2014, and the last period after 2015. The study aims to investigate the successful process of water and wastewater PPPs in local areas through five socioeconomic elements: export-oriented economic strategy, urbanization, cheap land policy, infrastructure investment, and water issues and climate change. In addition, the study focuses on analyzing the extent to which the Chinese government re-asserted its control over the PPP mechanism by classifying five elements in three different development Phases from early 2000 to 2020. The Jiangsu Province in the estern coastal area has actively invited PPP projects in the water and wastewater sectors. The successful introduction and rapid growth of PPPs in the urban water infrastructure has made the province an attractive area for a foreign investor.

• Economic and Environmental Geology
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• v.57 no.2
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• pp.119-128
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• 2024

In Australia & Canada, architectural rock and aggregate are one of the mineral resources, and related data and information provided integrated with them. In these countries, the provided data and information, through the information system of local government and national geological survey organizations, are interactive maps, geological and thematic maps, exploration data set, 3 dimension geological models, minning rights status, survey reports and related papers etc. However, in case of Korea, aggregate and architectural rock are not assigned as the kind of mineral resources in accordance to domestic mining law, and related geological data and information are not provided from comprehensive mineral information system established in public geoscience organizations. And the administrative and informative management are conducted separately through the different governmental organizations such as Ministry of construction, Korea forest service, geoscience institute & Korea Mine & Reclamation Corporation. For securing the supply of architectural rock and aggregate resources, and for the convenience of their development & utilization, the unified information system and governance reform for the related industry is needed.

• Proceedings of the Korean Society of Surveying, Geodesy, Photogrammetry, and Cartography Conference
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• 2004.04a
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• pp.485-490
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• 2004

Recently, distribution transfer velocity was extremely lowered by high supply rate of vehicle and low road rate. Therefore expansions of transfer network these were subway, road and railway to recover competitive power as a reform measure of physical distribution traffic were become preference previous subject. For reason of that, an expansion of transfer network is meeting competitive power as selected an elevated road in the ground road network that condition of location calm and get out of the existing urban than the underground road to connect oversensitive a large city and expanded small and medium satellite town. In the meantime, while elevated structures construct, they go through the civilian residential section, agriculture land, etc. The consequence is that it raises a vibration, noise, dust, an infringement of the right to a view and an infringement of the right to a sunshine. In this study, we analyzed Quantitatively sunshine quantity with building 3D simulation model of civil structure. Therefore, we present as planning data to reduce a civilian appeal for dispute of the right to sunshine and an economic and time loss between the government and construction company In addition to that, for the standard of the standard plan of usable sunshine quantity program in the practical business, the building of convenient user interface will be the project to be done.

• The Journal of Asian Finance, Economics and Business
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• v.3 no.1
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• pp.33-41
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• 2016

Essences, needs and features of formation of national innovative development model of Kazakhstan are proved on the basis of analysis of various research approaches to realization of the modernization that exist in the world economic theory. For studying the problems of innovative development of the country, there was a need for the formulation of a number of definitions, disclosure of their contents, changing the approaches to reform, as well as adjusting their targets. In the article the general scientific research methods used dialectic, abstraction, systemic and situational approach, empirical and theoretical and analytical methods, and logic modeling. The proposed approach to the implementation of innovative development based on the use of evolutionary and institutional approaches to the study of the problems of implementing an effective innovation policy. This approach is intended to contribute to the development of a forward strategy of modernization, innovative development and higher competitiveness of the national economy. The study proved the causes and features of the implementation of innovative development model in Kazakhstan.

• The Transactions of the Korean Institute of Electrical Engineers P
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• v.58 no.4
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• pp.410-415
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• 2009

With the implementation of electric power industry reform, the utilities are looking for effective ways to improve the economic efficiency. One area in particular, the equipment maintenance, is being scrutinized for reducing costs while keeping a reasonable level of the reliability in the overall system. Here the conventional RCM requires the tradeoff between the upfront maintenance costs and the potential costs of losing loads. In this paper we describe the issues related to applying so-called the "Reliability-centered Maintenance" (RCM) method in managing electric power distribution equipment. The RCM method is especially useful as it explicitly incorporates the cost-tradeoff of interest, i.e. the upfront maintenance costs and the potential interruption costs, in determining which equipment to be maintained and how often. In comparison, the "Time-based Maintenance" (TBM) method, the traditional method widely used, only takes the lifetime of equipment into consideration. In this paper, the modified Markov model for maintenance is developed. First, the existing Markov model for maintenance is explained and analyzed about transformer and circuit breaker, so on. Second, developed model is introduced and described. This model has two different points compared with existing model: TVFR and nonlinear customer interruption cost (CIC). That is, normal stage at the middle of bathtub curve has not CFR but the gradual increasing failure rate and the unit cost of CIC is increasing as the interruption time is increasing. The results of case studies represent the optimal maintenance interval to maintain the equipment with minimum costs. A numerical example is presented for illustration purposes.

• KSII Transactions on Internet and Information Systems (TIIS)
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• v.11 no.4
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• pp.1972-1986
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• 2017

With the advent of the knowledge economy, science and technology resources have played an important role in economic competition, and their optimal allocation has been regarded as very important across the world. Thus, allocation optimization research for regional science and technology resources is significant for accelerating the reform of regional science and technology systems. Regional science and technology resource allocation optimization is modeled as a double-layer optimization model: the entire system is characterized by top-layer optimization, whereas the subsystems are characterized by bottom-layer optimization. To efficaciously solve this optimization problem, we propose a mixed search method based on the orthogonal genetic algorithm and sensitivity analysis. This novel method adopts the integrated modeling concept with a combination of the knowledge model and heuristic search model, on the basis of the heuristic search model, and simultaneously highlights the effect of the knowledge model. To compare the performance of different methods, five methods and two channels were used to address an application example. Both the optimized results and simulation time of the proposed method outperformed those of the other methods. The application of the proposed method to solve the problem of entire system optimization is feasible, correct, and effective.