• Title/Summary/Keyword: economy model

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Korean Innovation Model: Toward a New Horizon (한국의 기술혁신모형: 새로운 지평을 향하여)

  • Choe Yeong Rak;Lee Dae Hui;Song Yong Il;Jeong Yun Cheol
    • Journal of Technology Innovation
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    • v.13 no.1
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    • pp.247-263
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    • 2005
  • Prior research in R8ED innovation in Korea has been centered around the 'three-stage development model,' which hypothesizes that the Korean innovation process goes from the introduction (of foreign technology) stage, through assimilation stage to the final modification stage. As Korean economy shifts from traditional industry-led development to innovation-centric development, such an approach loses sight of the whole picture. The current study argues that a new framework is required for adequate analysis on newly arising innovative patterns in Korea, emphasizing source technology development and technology leader strategy. For this purpose, we propose the 'Jigsaw Puzzle Model' of technology development, which is then verified by an in-depth analysis on the innovation processes of 3 representative IT products of Korea, DRAM, TH LCD, and CDMA. The model suggests that Korean innovation model is a dynamic, efficient amalgamation of foreign-acquired and dependent technologies, based on internally accumulated technological resources. The model explains better how Korean firms are achieving a rapid catch-up of technological gaps with advanced nations and are able to transfer from the technology follower to the leader position.

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Equilibrium Model in Price Behavior and Agricultural Production (농업 생산과 농작물 가격에 관한 균형 모델)

  • Lee, Sang-Yool
    • Journal of the Korean association of regional geographers
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    • v.12 no.6
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    • pp.748-756
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    • 2006
  • This study mainly deals with price behavior developed in a agricultural location model (or closed model) considering the production and demand aspects. The short-run situation of price and output is associated with the yearly fluctuation of yield from agricultural production. Demand is generally regarded as constant in the short-run because of being inelastic over short time. The long-run situation is associated with a period in which all related variables can be varied. Then a price behaviors from the two contrasting closed models have been further explored in the long-run economy. Agricultural price for each activity in the closed model is affected by change in agricultural production. Also, falling agricultural price is connected with lower rents and lower land values.

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Development of Investment Evaluation Model for Ubiquitous Health Service (유비쿼터스 서비스 모델의 성과 평가 모형 개발에 관한 연구 : u-Health 서비스의 투자 타당성을 중심으로)

  • Nam, Se-Il;Kim, Min-Kwan;Lee, Cha-Young;Han, Chang-Hee
    • Journal of Information Technology Applications and Management
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    • v.15 no.1
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    • pp.183-202
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    • 2008
  • The introduction of a ubiquitous environment has realized commercial ubiquitous services in various industrial fields and government area. The central and/or local governments are demanding an appropriate investment evaluation model for ubiquitous service. Thus, this study develops and suggests an evaluation model for ubiquitous service by reflecting its characteristic of promoting public good, as well as its broad ripple effect on people. The investment evaluation model for ubiquitous service suggested by this study is based on Cost Benefit Analysis Method. Especially, the 'Benefit' is analyzed in two aspects; 'Economic Benefit', which shows the benefit that ubiquitous service providers to the overall local economy, and; 'Financial Benefit', which shows the profit of individual investors participating in the introduction of ubiquitous service. The investment evaluation model for ubiquitous service suggested by this study can be used by the central and/or local government during their evaluation for investment before introducing a ubiquitous service. Also, when introducing a ubiquitous service in public field, the model can be used to support the decision making of private businesses for investment. Finally, it can be used to promote and inform the expected benefits of introducing a ubiquitous service to local residents.

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A Study on Service R&D Budgeting and Investment Strategy (서비스 R&D 예산편성 및 투자전략 연구)

  • Kim, Hyunsoo
    • Journal of Information Technology Services
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    • v.12 no.2
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    • pp.373-386
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    • 2013
  • The purpose of this research is to develop a model for efficient service R&D investment in government budgeting process. It is necessary to develop an efficient and effective investment model to improve competitiveness of the service industry and national economy. Various existing types of service R&D classification have been reviewed. And object-oriented service R&D request classification types have been derived. A tentative model for evaluating service R&D requests have been developed through extensive discussions on effective methodologies. The model has been refined and revised by four service budgeting experts. The revised and refined checklists and guidelines have been used for 40 real service R&D requests evaluations. As a result, a full model for service R&D evaluation and budgeting has been proved to be useful. Also, a need for more efficient and concise evaluation model has been raised through this evaluation process. A brief model with only 10 checklists has been developed and its usefulness has been proven by pilot test with 10 real service R&D requests. The results of this study can be used for evaluation of service R&D proposals and effective budgeting of R&D requests for improving global competitiveness. Further research is needed for refining the developed evaluation models.

Performance assessment model for robot-based automated construction systems

  • Lee, Ung-Kyun;Yoo, Wi Sung;An, Sung-Hoon;Doh, Nakju;Cho, Hunhee;Jun, Changhyun;Kim, Taehoon;Lee, Young Hoon
    • Journal of the Korea Institute of Building Construction
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    • v.13 no.4
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    • pp.416-423
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    • 2013
  • An adjusted assessment model based on benefit-cost analysis (BCA) is proposed for evaluating the economic efficiency of automated construction technologies. In contrast to conventional BCA, the model does not compare monetary values, but the differences in benefits and costs between traditional and automated construction methods. To verify the usefulness of the model, it was applied to a real-scale building construction project that used a fully automated building construction system, and the face validity of the model was confirmed. The results indicate that the model can support decision makers in identifying valuable benefit factors and in assessing the cost effectiveness of the system.

The forecasting evaluation of the high-order mixed frequency time series model to the marine industry (고차원 혼합주기 시계열모형의 해운경기변동 예측력 검정)

  • KIM, Hyun-sok
    • The Journal of shipping and logistics
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    • v.35 no.1
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    • pp.93-109
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    • 2019
  • This study applied the statistically significant factors to the short-run model in the existing nonlinear long-run equilibrium relation analysis for the forecasting of maritime economy using the mixed cycle model. The most common univariate AR(1) model and out-of-sample forecasting are compared with the root mean squared forecasting error from the mixed-frequency model, and the prediction power of the mixed-frequency approach is confirmed to be better than the AR(1) model. The empirical results from the analysis suggest that the new approach of high-level mixed frequency model is a useful for forecasting marine industry. It is consistent that the inclusion of more information, such as higher frequency, in the analysis of long-run equilibrium framework is likely to improve the forecasting power of short-run models in multivariate time series analysis.

Forecasting short-term transportation demand at Gangchon Station in Chuncheon-si using time series model (시계열모형을 활용한 춘천시 강촌역 단기수송수요 예측)

  • Chang-Young Jeon;Jia-Qi Liu;Hee-Won Yang
    • Asia-Pacific Journal of Business
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    • v.14 no.4
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    • pp.343-356
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    • 2023
  • Purpose - This study attempted to predict short-term transportation demand using trains and getting off at Gangchon Station. Through this, we present numerical data necessary for future tourist inflow policies in the Gangchon area of Chuncheon and present related implications. Design/methodology/approach - This study collected and analyzed transportation demand data from Gangchon Station using the Gyeongchun Line and ITX-Cheongchun Train from January 2014 to August 2023. Winters exponential smoothing model and ARIMA model were used to reflect the trend and seasonality of the raw data. Findings - First, transportation demand using trains to get off at Gangchon Station in Chuncheon City is expected to show a continuous increase from 2020 until the forecast period is 2024. Second, the number of passengers getting off at Gangchon Station was found to be highest in May and October. Research implications or Originality - As transportation networks are improving nationwide and people's leisure culture is changing, the number of tourists visiting the Gangchon area in Chuncheon City is continuously decreasing. Therefore, in this study, a time series model was used to predict short-term transportation demand alighting at Gangchon Station. In order to calculate more accurate forecasts, we compared models to find an appropriate model and presented forecasts.

A Study on Intention to live in Cohousing According to Housing Value (주거가치에 따른 코하우징 거주의사에 관한 연구)

  • Cho, Jeong-Hyun;Hong, Seo-Jung;Kwak, Yu-Mi;Kwak, In-Sook;Choi, Jung-Shin
    • Proceeding of Spring/Autumn Annual Conference of KHA
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    • 2006.11a
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    • pp.123-130
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    • 2006
  • This is a basic study to investigate possibility to application of cohousing model into Korea. Purpose of this study is to grasp respondents' housing value, and its influence on intention to live in cohousing. Research method used for this study was a social survey. Respondents were 214 married people residing in Seoul and its outskirts by accidential sampling. The collected data were analyzed by SPSS 12.0 program using frequency, mean, average, factor analysis, t-test, one-way ANOVA, Duncan's multiple range test, multiple regression and logit analysis. Result of this study was as follows. Housing values were classified into three categories named as individualism oriented housing value, tradition oriented housing value, and economy oriented housing value. Housing values were different by respondents groups. For example, individualism oriented housing value showed difference according to age and housing area. Tradition oriented housing value showed difference according to sex, occupation, and period of residence, while economy oriented housing value showed difference according to number of family members, housing type, and home ownership. In detail, men than women, single-income family than double-income family, and detached house resident than flat resident had higher tradition oriented housing value. The younger than the elder, and Seoul resident than outskirts resident had higher economy oriented housing value. Also home owner than tenant, and the higher tradition oriented group had stronger intention to live in cohousing than others.

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Series-Type Hybrid Electric Bus Fuel Economy Increase with Optimal Component Sizing and Real-Time Control Strategy (최적용량매칭 및 실시간 제어전략에 의한 직렬형 하이브리드 버스의 연비향상)

  • Kim, Minjae;Jung, Daebong;Kang, Hyungmook;Min, Kyoungdoug
    • Transactions of the Korean Society of Mechanical Engineers B
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    • v.37 no.3
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    • pp.307-312
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    • 2013
  • The interest in reducing the emissions and increasing the fuel economy of ICE vehicles has prompted research on hybrid vehicles, which come in the series, parallel, and power-split types. This study focuses on the series-type hybrid electric vehicle, which has a simple structure. Because each component of a series hybrid vehicle is larger than the corresponding component of the parallel type, the sizing of the vehicle is very important. This is because the performance may be greater or less than what is required. Thus, in this research, the optimal fuel economy was determined and simulated in a real-world system. The optimal sizing was achieved based on the motor, engine/generator, and battery for 13 cycles, where DP was used. The model was developed using ASCET or a Simulink-Amisim Co-simulation platform on the rapid controller prototype, ES-1000.

What Makes Korea's New Regional Policy Workable? (신지역정책의 작동요인에 관한 연구)

  • Cho, Myung-Rae
    • Journal of the Economic Geographical Society of Korea
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    • v.14 no.4
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    • pp.486-505
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    • 2011
  • The Korean miracle of economic growth or development has been quite well known across the world up to now, while being subject to theorization of its model. Compared with this, however, it is quite surprising to see how little about the spatial aspect of Korean development has been exposed in the field of development studies. In fact, for Korea, competent regional policy has turned out to be an important success factor for the spatial upgrading of a low-tech growth regime into a hi-tech one. This paper dissects Korea's regional policy experiences in three aspects from which it draws up a three-tier lesson. The first aspect is the conventional (overall) regional spatial upgrading policy of a developmental regime put in place since the 1960s onwards. The second is the new regional policy tailored to the regionalization of technological and industrial diffusion for new knowledge-based economy. The third is the prospective regional policy for the future advancement of the Korean economy.

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