• Asia-Pacific Journal of Business
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• v.15 no.1
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• pp.179-192
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• 2024

Purpose - The purpose of this study is to examine the effect of entrepreneurial experience, business model innovation and financing on new venture performance. Design/methodology/approach - This study analyzes survey data on new ventures in Korea and investigated research hypothesis by multiple regression analysis. Findings - Founders' prior startup experience have different impacts on performance depending on whether they had a successful or failed startup. Successful experience has a positive impact on early performance, while failure experience has a negative impact. Business model innovation shows a positive and significant relationship with early performance. External financing has different effects depending on the type of funding source and performance variables. VC funding is positively related to employment creation, while government R&D funding is negatively related to sales volume. Research implications or Originality - This study confirms that the impact of entrepreneurial experience on early performance varies depending on the characteristics of successful and unsuccessful entrepreneurs. It also empirically confirms that business model innovation has a significant impact on early performance. We empirically examine the relationship between various external financing sources of venture firms and early performance. Since the effects of entrepreneurial experience, business model innovation, and external financing on early stage performance may be different, entrepreneurs should consider these relationships when pursuing early stage business opportunities.

• Journal of the Korean Society of Hazard Mitigation
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• v.8 no.6
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• pp.93-100
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• 2008

Dense of population construction and high density of skyscraper, and geological characteristics caused natural disasters(e.g. typhoon, tsunami, flood, storm, earthquake, etc.) and manmade disasters(e.g. fire, collapse, explosion, traffic accident, etc.). the extent and scale of the disaster are getting larger. To cope with such problems, Busan City has established the basic plan to secure the life and property of the citizens through model strategy and design of Ubiquitous-Safety Busan. This study quantitatively analyzed the ripple effect on local economy through the fulfillment of Ubiquitous-Safety. The production inducing effect of 250 billion won directly and indirectly can be estimated due to the realization of Ubiquitous-Safety. The value added effect of 115 billion won can be estimated. the employment effect of 5,580 persons can be generated with income effect of 51 billion won.

• The Journal of Fisheries Business Administration
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• v.40 no.1
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• pp.27-49
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• 2009

Recently, the Korea's economy concerns the second money crisis because of the rapid increase of the exchange rate. The Korea's economy which is very dependent on the foreign trade is more sensitive to the change of exchange rates. There are many literatures which analyze the effects of variations of the exchange rates on the secondary and tertiary industries such as the manufacturing industry and IT(Information Technology). But there have been no studies which try to figure out the effects of variations of exchange rate on the primary industries, especially, fisheries' industry. Therefore this paper tries to analyze the effect of price competition structure and the change of exchange rate on foreign fisheries exporting prices in Korea's fisheries import market. This study utilizes OLS(Ordinary Least Squares Analysis) for the analysis in the market of frozen yellow corvina, hairtail, angler fish which are major fisheries importable in Korea. The results show that the exporting country which has the highest market share is more sensitive to the change of the exchange rates itself than that of the other exporting countries' price when it starts to set up its exporting price. And the exporting countries which have low market share are more sensitive to the change of price which country has the highest market share than that of price whose countries have low market share and those of their exchange rate. Also we can find out that the countries which have similar market share try to set up price-setting strategy in the opposite direction. In other words, one country tries to bid up its price, other countries response to rival country by lowering their prices. In the consideration of the fact that most exporting countries aren't affected by Korea's fisheries' prices, the exporting countries in Korea's fisheries import market are more sensitive to the prices of other exporting countries than that of Korea's. This result indicates that the price leader-follower model could be applicable to the Korea's fisheries import market.

• Journal of Digital Convergence
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• v.11 no.12
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• pp.735-745
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• 2013

Tour industry has been growing with increasing of people leisure time quantitatively as well as qualitatively. Especially, region tourist industry shows rapid growth because of the development of transportation and communication. Tourist contents that representing the region have been developing briskly. However there are many nominal tourist contents have just region differentiation with same attribute and composition. It has to be consider about tourist first not a contents provider or a developer. To be memorable tourist contents and to connect to consumption, understanding about tourist is needed. So 'Experience' will be standards when tourist contents is planned. In that sense, experience 4factors from Experience Economy and Challenge-skill model from Flow will be frames for giving shape to develop tourist contents. Experience 4factors from Experience Economy suggests 4factors for the superb enjoyment to tourists, and Challenge-skill model from Flow proposes balanced contents for understanding tourists. They will contribute to suggest planning frames for sustainable tourist contents and it lead to tourists' reinstation.

• Korean Journal of Construction Engineering and Management
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• v.16 no.4
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• pp.21-29
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• 2015

Construction cost index (CCI) has been published for last 10 years, it's contributed to update the historical cost data, analysis cost fluctuation and evaluate the market price for construction works with direct or indirect manner. CCI is a secondary or processed statistics using the basic statistics of input output table (IO table) and producer price index (PPI) from the Bank of Korea (BOK). So once the basic statistics change, it is required to modify the calculating model of CCI. Recently the BOK changed some fundamental principles and the base year (from 2005 to 2010), that can be used in IO table and PPI. This research analyzed the recent revision of basic statistics and their impacts on CCI, and improved the previous CCI model in response to it. Also the validity of new CCI was verified by analyzing the items and weights utilized in CCI and comparing the related index.

• Journal of the Korea Institute of Building Construction
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• v.14 no.6
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• pp.631-637
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• 2014

Recently, following the application of modular housing techniques to not only residential sector, but also to business sector, the scope of modular housing market b expanding. In the case of other developed countries, such markets are entering into the maturity stage, though the market in Korea is not fully formed yet. Thus, it is difficult to check its trend to estimated mid- to long-term prospects of the market. In this context, the study predicted demand of the modular housing market by using a non-linear prediction model based on time series analysis. To get the prospects for the modular housing market, the quantity of housing supply was estimated based on the estimated quantity of newly built housings, and assumed that a portion of the supplied quantity would be the demand for modular housings. Based on the assumption of demand for modular housings, several scenarios were analyzed and the prospects of the modular housing market was obtained by utilizing the non-linear prediction model.

• The Korean Journal of Community Living Science
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• v.17 no.4
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• pp.67-80
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• 2006

This study conducted research on the actual state of community-oriented services for elderly rural inhabitants and their desire related to them to develop a local community service network model suitable to the characteristics of rural longevity villages. The research was conducted on 906 elderly people over 65 living in 20 rural longevity villages through questionnaires assessing filming and economy, economic activity, health care, learning and leisure activities as well as asking their wants and needs relative to local community services. As a result, it was found rural elderly people showed a high desire for local community services such as health, transportation and economy activity. In addition, they were mainly cultivating farm products as their economic activity and showed a high demand in the future as well. Most were found to take a walk in the healthcare field and showed a high demand for health examinations, health education, health consulting, hot spring bathing and basking in the woods. Respecting learning, social and leisure activities, they were mostly found to watch TV and do house chores, and showed a high desire for village environment repair, traditional farm music, visiting and tourism. With the above results, it is expected that the desire of rural elderly for such services can be satisfied, and the development of a local community service network model suitable to the characteristic of a local community is recommended.

• Journal of computational fluids engineering
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• v.19 no.2
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• pp.66-71
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• 2014

Aerodynamic design of a vehicle has very important meaning on the fuel economy, dynamic stability and the noise & vibration of a moving vehicle. In this study, the correlation of aerodynamic effect between two model vehicles moving inline on a road was studied with the basic SAE model vehicle. Drag and lift are two main physical forces acting on the vehicle and both of them directly effect on the fuel economy and driving stability of the vehicle. For the research, the distance between two vehicles is varied from 5m to 30m at the fixed vehicle speed, 100km/h and the side-wind was assumed to be zero. The main issue for this numerical research is on the understanding of the interaction forces; lift and drag between two vehicles formed inline. From the study, it was found that as the distance between two vehicles is closer, the drag force acting on both the front and rear vehicle decreases and the lift force has same trend for both vehicle. As the distance(D) is 5m, the drag of the front vehicle reduced 7.4% but 28.5% for the rear-side vehicle. As the distance is 30m, the drag of the rear vehicle is still reduced to 22% compared to the single driving.

• Korean Journal of Construction Engineering and Management
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• v.8 no.3
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• pp.168-176
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• 2007

This study aims to provide useful information when making a decision for the environmental and economic efficiency assessment of infrastructure, based on Life Cycle Assessment(LCA). It estimates environmental cost on environmental pollutants that are possible to happen by locations and by types of emergency spillway for korean multipurpose dam, which is selected as a study case. For this purpose, this study examines the theories of LCA and Contingent Valuation Method(CVM) and suggests an analysis model of environmental cost. To apply the suggested analysis model of environmental cost for infrastructure to the case study of emergency spillway at the multipurpose dam, this study calculates environmental load on environmental pollutants that generate during life cycle, converts it to a cost to predict environmental cost, evaluates environmental economy of emergency spillway by the estimated result, and draws the optimum alternative that is environmental-friendly and economic.

• The Journal of Small Business Innovation
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• v.20 no.1
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• pp.19-33
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• 2017

In this paper, we suggest proper policy directions through an analysis onthe impact of changes in self-employment on the national economy. In other words, we intend to identify the current status of self-employment jobs and present policy directions for supporting self-employed workers. In order to grasp the dynamic relationship of variables, we used a VAR model to measure the impact of self-employment job fluctuations and macroeconomic variables on each other. The analysis results demonstrate that an exogenous shock to the ratio of self-employed workers does not show a significant impact on the nominal growth ratio. However, when the analysis was done separately on an exogenous shock to the ratio of self-employed workers with employees and without employees, an increase in the ratio of self-employed workers with employees showed a positive impact on nominal growth. On the other hand, an increase in the ratio of self-employed workers without employees showeda negative impact on nominal growth. In future studies, it will be necessary to do additional analysis on quarterly data to estimate the short-term impact of macroeconomic variables on changes in the ratio of self-employed workers.