• Journal of the Korea Academia-Industrial cooperation Society
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• v.17 no.8
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• pp.502-507
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• 2016

The transition from a carbon economy based on fossil fuels to a hydrogen economy is necessary to ensure energy security and to combat climate change. In order to pursue the transition to a hydrogen economy while achieving sustainable economic growth, a preliminary study into the establishment of the necessary infrastructure for the future hydrogen economy needs to be carried out. This study addresses the economic and environmental interactions in a dynamic computable general equilibrium (CGE) model focusing on the economic effects of the introduction of renewable energy into the Korean energy system. Firstly, the introduction of hydrogen results in an increase in the investment in hydrogen production and the reduction of the production cost, ultimately leading to GDP growth. Secondly, the mandatory introduction of renewable energy and associated government subsidies bring about a reduction in total demand. Additionally, the mandatory introduction of hydrogen energy into the power sector helps to reduce CO2 emissions through the transition from a carbon economy-based on fossil energy to a hydrogen economy. This means that hydrogen energy needs to come from non-fossil fuel sources in order for greenhouse gases to be effectively reduced. Therefore, it seems necessary for policy support to be strengthened substantially and for additional studies to be conducted into the production of hydrogen energy from renewable sources.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.17 no.5
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• pp.478-489
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• 2016

Recently, there has been increasing interest in the remodecycling options of idle spaces around the central city through the urban regeneration. Various studies to create new added value through this way are ongoing. This study aims to analyze the impact relationship and structure on the regeneration of idle space by types affecting the quality of residents' life and local economy revitalization. The hypothesis was verified by a suitability test for setting the hypothesis and statistical significance test from the PLS 3.0 package. The results of this study drew 6 hypotheses from a total of 11 on the 'idle space regeneration of economy based type of PLS-SEM' and 4 hypotheses from a total of 11 on the 'idle space regeneration of neighborhood regeneration type PLS-SEM'. The results can be summarized into several parts. First, if cultural aspects should be considered, the regeneration of idle space (economy-based type and neighborhood-regeneration type) could meet 2 parts, such as the quality of residents' life and local economy revitalization at the same time. Second, improving the 'physical aspects' only affects the 'idle space regeneration of the economy-based type of PLS-SEM'. Third, improving the 'social aspects' only affects the 'idle space regeneration of neighborhood regeneration type of PLS-SEM'. This study has significance in that it provides the empirical analysis for the regeneration of idle space and there are differences according to types of PLS structural model.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.17 no.9
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• pp.133-140
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• 2016

The Ministry of Land, Infrastructure and Transport has introduced low-floor buses, which are convenient for passengers getting on and off the bus and for the handicapped. The standard bus model is 11 m long and uses compressed natural gas (CNG). However, this model has drawbacks in narrow rural road conditions such as those in farming and fishing villages and mountainous areas, as well as difficulty in refueling since CNG facilities are not readily available. In this study, running resistance values were obtained by coasting performance tests on actual roads using a Tata Daewoo LF-40 model with three different weight conditions: curb vehicle weight (CVW), half vehicle weight (HVW), and gross vehicle weight (GVW).The test methods include WHVC, NIER-06, and constant-speed driving at 60 km/h. These tests were used to measure the fuel economy of vehicles other than the target vehicles to obtain the combined fuel economy. The energy efficiency was highest in the case of CVW. In the WHVC mode, the fuel consumption rates of HVW and GVW were typically 3.5% and 12% higher than that of CVW, respectively. In constant-speed driving, the fuel efficiency of HVW was higher than that of CVW. Further research is required to analyze the exhaust gas data.

• The Journal of the Korea Contents Association
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• v.22 no.7
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• pp.524-539
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• 2022

With the advent of generative artificial intelligence technology, it became possible to create a virtual human, and produce a lecture video only with textual information. It is expected that the virtual human will enhance the efficient production of educational contents and the student's entertainment experience and satisfaction. However, there have been still few studies that have demonstrated the process of how virtual human technology reaches students' satisfaction. Therefore, the purpose of this study is to empirically examine whether the human likeness, which is the main characteristic of a virtual human based on Uncanny Valley theory, affects human experience and satisfaction. In particular, human likeness of the Uncanny Valley theory was subdivided into human likeness in the visual and verbal dimensions, and the process of reaching satisfaction was understood based on the experience economy model. In particular, human similarity in Uncanny Valley theory was classified as similarity in the visual and language levels, and the process of reaching satisfaction based on the experiential economic model was analyzed with a partial least squares structure model equation (PLS-SEM). The survey was conducted online for a panel of office workers at a specialized research institution in China. The results indicate that both the visual and verbal human likeness had a positive effect on experience economy factors (education, entertainment, esthetic, escape), and then these experiential factors had a significant effect on satisfaction. The results also provide some suggestions to consider when designing educational contents by virtual human.

• Journal of Distribution Science
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• v.16 no.12
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• pp.5-11
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• 2018

Purpose - We investigate the relationship between economic policy uncertainty (EPU) of the US and China and housing distribution economy in Korea using EPU indexes of two countries and the economic indicators in Korea. Research design, data, and methodology - We use the data such as the Korean housing price stability index (HPSI), housing purchase price index (HPPI), housing lease price index (HLPI), banking stock index (BSI), and consumer price index (CPI) with EPU indexes from January 1999 to December 2017. As an empirical methodology, we select the vector error correction model (VECM) due to the existence of cointegration. Result - As results of the impulse response function, the impact of the US EPU index has initially a negative response on the Korean HPSI, HPPI, and HLPI referring the housing distribution market including the economic variables, BSI, and CPI. Likewise, the impact of index in China has initially a negative response on economic indicators except the BSI in Korea. Conclusions - This study shows that the EPU index of the US has significantly negative relationships on all economic indicators in Korea. In this study, we reveal EPU of the US and China has dynamic impact on housing distribution economy returns in Korea.

• International Journal of Quality Innovation
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• v.9 no.2
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• pp.129-147
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• 2008

This research is to investigate the effect of the improvement of investment environments with investment incentive on Korean national economy by looking into the foreign investment support system in Korea. To this end, first research model was set up based on our literary study and case study was conducted on 150 foreign companies that were located in industrial complex for foreign companies, received the tax benefit and government subsidization. And it was found that even though the foreign companies were contributing to the national economy in general such as in the area of production, export, employment, development of technology, there was no significant contributory difference between the investment incentive beneficiary and non-beneficiary foreign companies. Therefore it deemed reasonable to reconsider the way Korean government supports foreign companies in Korea and to reinforce foreign companies' relevance to national policy agenda with additional incentives to foreign companies located in comparatively less developed areas. As a way to promote foreign investment, promotion of investment infra such as improvement of follow-up services, openness to foreign investment, industrial deregulations in capital area, revitalization of free economic zone, efficient system to promote foreign investment and the reinforcement of public relations were considered necessary, especially the upgrading of economic structure and the integrated management of domestic and foreign investors deemed necessary for the optimal distribution of the industries.

• Journal of Korea Multimedia Society
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• v.23 no.3
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• pp.499-507
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• 2020

This paper is one of the types of 'sharing economy', a social economic model that borrows and shares things, spaces, and services from the development of the 4th Industrial Revolution. Through sharing of empty space and time in the city, I would like to suggest a way to reduce the closure of small business owners in order to create jobs, which is one of urban problems in the community. We also build a platform that utilizes the free time and space of buildings through space sharing, one of the types of sharing economy, and provides education programs for start-up education, promotion, marketing, and consulting by matching small business owners with building owners. Therefore, in this paper, by sharing the space and time, the landlord and the small business can share the profits of the small business by reducing the business owner's closure and the job creation plan. Coaching urban regeneration was proposed.

• The Journal of Industrial Distribution & Business
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• v.7 no.1
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• pp.15-17
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• 2016

Purpose - During the past twenty years, China has developed rapidly in economy. Meanwhile China's economic development has brought great many problems. Sustainable development is to achieve coordination in the ecological, economic and social aspects. Among them, the environment and resource issues are the most critical issues which affecting sustainable development in China. With China's rapid economic development, China's ecological environment is facing the most serious threat in water pollution, air pollution, solid waste pollution and the destruction of forests and biodiversity, resulting in a significant loss of the national economy. This research aims to examine whether the tragedy of the commons has hindered the sustainable development of China's economy or not. On the other hand, we try to analyze a solution to improve this situation. Research design, data, and methodology - Theoretical background study, finding optimization models, and data analysis. Results - In the case of a clear definition of property rights, the air will have a market price. The market price will coordinate pollutant emissions. Conclusions - The tragedy of commons has hindered the sustainable development. The model of China's Economic development should be changed.

• Advances in Automotive Engineering
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• v.1 no.1
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• pp.105-121
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• 2018

The hybrid electric powertrain is a robust solution that allows for major improvements in both fuel economy and emission reduction. In the present study, a through-the-road hybrid vehicle model with an electric motor driving the rear axle and an Internal Combustion Engine (ICE) driving the front axle has been constructed. We then present a systematic method for the determination of a real time applicable optimal Energy Management Strategy (EMS) for a hybrid road vehicle. More precisely, we compare the performance of rule-based EMS strategies to an optimization-based strategy, namely ECMS (Equivalent Consumption Minimization Strategy). The comparison is conducted in parallel with a parameterization of the size of the internal combustion engine and the implementation of a Continuously Variable Transmission (CVT) that allows following the line of best fuel economy. For the FTP-75 driving cycle, the constrained engine On-off control algorithm is shown to offer a 28% improvement potential of fuel consumption compared to the conventional internal combustion engine while the ECMS strategy achieves an improved potential of nearly 33%.

• KSII Transactions on Internet and Information Systems (TIIS)
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• v.9 no.8
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• pp.3249-3257
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• 2015

The smart convergence environment, in which all industries are converged around ICT infrastructure -- with the eventual inclusion of both industry and culture -- looms. With the emergence of new convergence industries such as smart medicine, smart cities, and smart automobiles, the ICT infrastructure is recognized as the foundation of the overall economy. As such, the importance of the next generation of information and communication construction businesses, which constructs the ICT infrastructure, is highlighted under the smart convergence paradigm environment; various multilateral policies to foster the information and communication construction business -- led by the Ministry of Science, ICT, and Future Planning -- are being implemented. Like other infrastructure industries, however, the estimation of the demand function of the information and communication construction business overall is essential for effectively establishing promotional policies for information and communication construction businesses. However, there has been no study which theoretically estimates the market demand function in the information and communication construction business thus far. The pursuit of a creative economy is a national agenda, as the significance of accelerating the ICT infrastructure is emphasized. Therefore, this paper seeks to estimate quantitatively the demand function in the information and communication construction business using empirical data and a statistical model and then to present policy implications which will aid the development of the information and communication construction business.