• Title/Summary/Keyword: empirical research

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Economic Evaluation of Port Hinterlands Using Real Option -Focusing on the Case Study for Hinterland of Busan New Port- (실물옵션을 이용한 항만배후단지의 가치평가 -부산신항 배후단지 사례분석을 중심으로-)

  • Kim, MyoungHee;Lee, Kihwan
    • Journal of Korea Port Economic Association
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    • v.28 no.3
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    • pp.235-257
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    • 2012
  • Recently the role of ports has been changed to satisfy flexibly needs of demands in global economy. A new concept for ports is not just a place for international trade but an important nodal point in logistics chain. The changing environment like this trend creates a high degree of uncertainty and leaves port managers confused with the question how to respond effectively to dynamic market. The latest studies provide that the port must have a good hinterland to achieve competitive advantages in a logistics chain. Korean Government announced "The Master Development Plan for Port Logistics Parks in Korea" in 2006. This contains the plan of hinterland construction of Busan New Port to achieve the status of logistics hub in Asian market. Previous studies rely solely on traditional DCF(discounted cash flow) analysis for investment of hinterland. However DCF method does not include irreversibility, uncertainty and the choice of timing for investment project. This thesis introduces a ROPM(real options pricing model) which overcomes the limitations of traditional valuation methods. The option valuations in this study utilize the Black-Scholes model, the binomial model and the MonteCarlo simulation to value investment opportunity of a port hinterland. In this thesis, an attempt is made to modify the NPV criterion by incorporating the real options approach, and its application is demonstrated in a hinterland construction investment plan. This research has conducted an empirical analysis by calculating economic value of the investment for a hinterland of Busan New Port.

Factor Analysis of Rambling Impediment of New Graduates and Entrants Between Occupations and Educations in Korea IT Labor Market -A central focus on recent unemployment of one factor findings in korea IT labor market (한국의 IT분야 신규 전문인력의 노동이동 저해 분석 - IT 신규 졸업자의 실업원인 규명을 위하여 -)

  • Jang, Chang-Won
    • Korea journal of population studies
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    • v.28 no.2
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    • pp.131-164
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    • 2005
  • The central focus of this research paper is to explore the recent structural core empirical unemployment reason of IT new professional manpower who graduated in higher education level in Korea. The final goal of this issue is to estimate and analyze rambling impediment in IT manpower labor market between 26 detail occupations and between detail occupations and 3 educational levels of new graduates and entrants who entered in IT 6 occupational groups composing 26 particular occupations. This study uses the 2004 data published by the Ministry of ICT and relies upon both one-way analysis of variance and two-way analysis variance to tackle the issue. According to the ANOVA results, 2 main points were delineated In the one-way analysis of variance method. the total sum of squares (SST) is decomposed into two major components: within sum of squares (SSW) (6 detail occupations, 85%) and between sum of squares (SSG) (26 detail occupation, 15%) The other major finding is that total sum of squares (SST) is decomposed into three major components: between detail occupations (SSG) (19.3%), between educations (SSB) and errors (SSE) (56%) in IT SIW development design group.

The Effect of SNS(Social Network Services) Information Quality on Customer Loyalty: Focus on the Mediated Moderation Effect of Customer Satisfaction by Trust (SNS 정보 품질이 고객 충성도에 미치는 영향: 신뢰의 매개된 조절효과를 중심으로)

  • Park, Wonhee;Ha, ByoungKook
    • Journal of Service Research and Studies
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    • v.4 no.1
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    • pp.21-35
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    • 2014
  • Many people have a social network service (SNS) by utilizing a variety of community activities, information sharing, and the creation of social networking. In terms of marketing academics view social networks between businesses and consumers in the new communication strategy, a new way to make them in terms of marketing a new business opportunity. That is, they are actively engaged in the various marketing activities targeting customers using SNS. According to H. A. Simon's needle theory, it is efficient to make a decision within the bounded rationality due to the difficulty of collecting data in decision-making as well as the inability to collect all information because of limited time and money. If the information or the informant can be trusted, the customers would be able to make a quick decision and get higher satisfaction from it. Therefore, this study examines and thereby empirically demonstrates what role customers' trust plays in a company's marketing using SNS by exploring how trust condition works in the mediated model and, theoretically, intends to introduce an empirical methodology on more strictly mediated moderating effects and, in practice, revisit the role of trust on direct and indirect effect the SNS's Information quality has on the performance variables such as customer satisfaction and loyalty. This study thereby aims to provide a strategic tool for the companies that plan to use the SNS in developing marketing strategies.

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The Effect of SNS(Social Network Services) Quality on Customer Loyalty: Focus on the Mediated Moderation Effect of Customer Satisfaction by Trust (소셜네트워크서비스(SNS) 품질이 고객 충성도에 미치는 영향: 신뢰를 통한 고객 만족의 매개된 조절효과를 중심으로)

  • Park, Wonhee
    • Journal of Service Research and Studies
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    • v.3 no.1
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    • pp.17-31
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    • 2013
  • With the advent of smart phones, there are increasing demands from customers to connect to the social media services at any time and at any place without restraint. As a result, many foreign companies have lately been able to pursue two-way communication with customers through social media which has enabled them to see the reaction and the needs of customers immediately and respond timely. That is, they are actively engaged in the various marketing activities targeting customers using SNS. According to H. A. Simon's needle theory, it is efficient to make a decision within the bounded rationality due to the difficulty of collecting data in decision-making as well as the inability to collect all information because of limited time and money. If the information or the informant can be trusted, the customers would be able to make a quick decision and get higher satisfaction from it. Therefore, this study examines and thereby empirically demonstrates what role customers' trust plays in a company's marketing using SNS by exploring how trust condition works in the mediated model and, theoretically, intends to introduce an empirical methodology on more strictly mediated moderating effects and, in practice, revisit the role of trust on direct and indirect effect the SNS's quality has on the performance variables such as customer satisfaction and loyalty. This study thereby aims to provide a strategic tool for the companies that plan to use the SNS in developing marketing strategies.

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A Study on Philosophy-based Human Resource Model in the Service Economy Era (철학기반의 서비스경제시대 인재상 연구)

  • Kim, JeaYoung;Kim, Hyunsoo
    • Journal of Service Research and Studies
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    • v.10 no.3
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    • pp.119-138
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    • 2020
  • Unlike the era of manufacturing-oriented industrial economy in the past, the era of service economy has characteristics intangible goods center, knowledge universalization, and expansion of needs, and many things that are of the economy are changing. In the past, the change in the environment was not fast, so even after analyzing the changed environment and deriving the talent needed for the company, it was possible to maintain a talent for the organization for a long time, so it is not proactive to build and apply talent. It became difficult to manage effectively. Therefore, in this paper, we conducted a normative study for deriving a desirable talent model rather than a descriptive human resource model. Human resources image suitable for the modern service economy era, the modern economic society and modern spirit were analyzed and reflected. The model in which the two opposing members of the organization, managers and employees, interact intensely and balance dialectically. A desirable talent in a modern organization must play the role of a manager, and the management and talent models in a modern organization can be said to be connected to each other like the front and back sides of a coin. The philosophy of human resources was presented in five dimensions: human, historical, social, economic, and management. The human resource model from eight factors: mastery, rationality, wisdom, customer orientation, innovation, flexibility, autonomy, collaboration. This study suggested that general talent model may vary depending on the company's type, empirical follow-up studies are needed the talents in each company in the future.

Mitigation Plan for Expectation-Performance Gap of Information Systems Audit Services (정보시스템 감리서비스의 기대-성과 차이 완화 방안)

  • Ji, Kyoung Sook;Kim, Hee Wan
    • Journal of Service Research and Studies
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    • v.10 no.3
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    • pp.67-80
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    • 2020
  • The information system audit service has been recognized for its effectiveness in improving the management efficiency of informatization projects in the public sector and improving the quality of information systems. However, according to several recent studies, it is not very helpful in securing quality by indicating formal audit performance and incorrect functions or errors in a short audit period. So, if the effectiveness of audit is proved to ensure the quality of the information system from the perspective of the software life cycle and to successfully operate and maintain it, the use of audit for the successful construction of the information system will be an essential factor. Therefore, this study investigated whether the current audit service users are satisfied with the current information system audit and what they expect. If it is different from what was expected, the difference between expectations and performance was analyzed to improve user satisfaction, and a survey was conducted through interviews with experts in the information system field. Based on the empirical results through the questionnaire, in order to reduce the difference in expectations from the user's point of view in the information system audit service, a plan to improve the audit system suitable for the new audit environment was proposed.

Estimation of Rainfall Erosivity in USLE (범용토양유실공식의 강우침식도 추정)

  • Kim, Chang-Wan;U, Hyo-Seop
    • Journal of Korea Water Resources Association
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    • v.32 no.4
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    • pp.457-467
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    • 1999
  • No complete methods for estimating soil loss, included by rain storms, from a small watershed are available yet, and the best recommended method is to use measured data from the watershed. When no measured data is available from the watershed, empirical models for estimating the soil loss, such as the Universal Soil Loss Equation(USLE), is well recommended in practice. For using this equation, it is necessary to estimated the rainfall erosivity, commonly expressed as R, of the watershed. In this study, first we collected data of the probable rainfalls with the return periods of 2, 5, 10, 20, 30, 50, 80, 100, 200, and 500-yr and with the duration hours of 0.5, 1, 2, 3, 6, 12, and 24-hr. Using this data, we calculated the design values for R for the return period of 24-hr at each major rainfall-measuring station nationwide. Then we constructed the iso-erodent map of Korea for each return period of the 24-hr design storm. This study shows that the 24-hr duration iso-erodent map of the 5-yr return period is very similar to the annual average iso-erodent map of Korea. This study also shows that the 24-hr duration R-values of a certain return period can be estimated by multiplying certain parameters, obtained from this study, to the 24-hr duration R-values for the 5-yr return period or the annual average R-values. Finally, the R-values of the design storm with the 24-hr return period obtained from this study can be used for designing the settling basins at small watersheds.

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A Study on Determinants of Realization Rate of Publicly Notified Individual Land Price Using One-Way ANOVA - focused on case of Wansan-gu, Jeonju-si - (일원변량분석을 이용한 개별공시지가 현실화율 결정요인에 관한 연구 - 전주시 완산구 사례를 중심으로 -)

  • Min, Woong-Kie
    • Journal of Cadastre & Land InformatiX
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    • v.50 no.1
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    • pp.87-105
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    • 2020
  • The government is trying to secure reliability by raising the accuracy, objectivity, and transparency of the official price by promoting the reliability improvement plan of the official price and increasing the realization rate, but the Realization rate of Publicly Notified Individual Land Price is showing a big difference because the current market price is not fully reflected in the official price. Therefore, this study collected the actual transaction price reported to the RTMS in Wansan-gu, Jeonju, Jeollabuk-do and the individual official price of the KRAS and calculated the realization rate of publicly notified individual Land Price. SPSS 25.0 program was used for the empirical analysis of this study. The Dependent Variable was the realization rate of publicly notified individual Land Price, and Independent Variables, was six land characteristics items were selected, one-way ANOVA was conducted and post-test was conducted by Scheffe method. As a result of the analysis, average difference in realization rate of publicly notified individual Land Price was found in Residential areas, Commercial areas, and Farmland, Public land and Residential and commercia, Residential and Forest. Especially, it was found that the price of commercial area is higher than that of residential area and green area, and the price is less reflected in individual official land price.

Influence of Burnout and Coping Type on Organizational Citizenship Behavior among Employees at Korean Red Cross Blood Center (소진 및 대처 유형이 조직시민행동에 미치는 영향 - 적십자 혈액원 직원을 대상으로 -)

  • Kim, Young-Mi;Lee, Key-Hyo;Kim, Won-Joong;Park, Young-Seok
    • Korea Journal of Hospital Management
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    • v.9 no.4
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    • pp.87-100
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    • 2004
  • The main objective of this paper is to investigate the burnout state, coping types, and their relationship with organizational citizenship behavior, and based on the investigation, to provide some reference materials for effective management of burnout and appropriate methods of coping. For this purpose, employees of Korean Red Cross Blood Center were selected as the subject of the research. Data for empirical analysis were obtained through mail survey using structured and self-administered questionnaire for 282 employees of five Red Cross Blood Centers across the nation. Following is the summary of the results: 1) Degree of organizational citizenship behavior was higher among the married, the forties in age, and the employees whose major reason for choosing to work at the Center was 'to help other people.' On the other hand, degree of burnout was higher among the single but lower among the forties in age and the employees who chose to work at the Center because of suitable abilities and interests. As for the types of coping, problem-oriented coping method was more frequently used by the married, older, relatively more-educated and higher-grade employees. 2) Among the three kinds of burnout, 'achievement burnout' was found to have the greatest influence on the organizational citizenship behavior, negatively affecting organizational citizenship behavior as a whole and all of its components except for 'sportsmanship.' Next was 'impersonality burnout,' which also had negative effect on organizational citizenship behavior as a whole, and altruism, conscientiousness and sportsmanship among the components. Finally, 'emotion burnout' appeared to have positive effect on altruism and courtesy but negative effect on sportsmanship. 3) Among the various types of coping, 'problem-oriented' and 'positive perspective' coping methods were found to positively influence overall organizational citizenship behavior, whereas 'stress dissolution' had negative effect. These results imply that special management, counselling and education are needed for sociodemographic groups with high burnout to utilize problem-oriented and positive perspective coping methods which are considered to have desirable effects in coping with burnout problems. In addition, some methods should be devised to prevent and manage the 'achievement burnout' that was found to have great negative influence on organizational citizenship behavior.

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Analysis of Pipe Failure Period Using Pipe Elbow Erosion Model by Computational Fluid Dynamics (CFD) (전산유체역학 배관 곡면 침식 모사를 통한 배관 실패 주기 분석)

  • Nam, Chongyong;Lee, Yongkyu;Park, Gunhee;Lee, Gunhak;Lee, Won Bo
    • Korean Chemical Engineering Research
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    • v.56 no.1
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    • pp.133-138
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    • 2018
  • Safety management has become even more important because of the safety and environmental issues that have arisen since the 2000s. However, the safety study requires many empirical data, so there are many limitations. In the case of pipe safety, simulation programs exist, but it is difficult to get data about the pipe internal erosion of the pipe. In this study, the erosion rate of the pipe elbow was simulated using computational fluid dynamics (CFD). Also, the failure period of the pipe was calculated by the limit state function using erosion rate. In the case of CFD pipe, a sample which is actually operated in Yeosu industrial complex was used, and the geometry and mesh formation were rationalized in terms of typical fluid dynamics simulations. Using the Discrete Phase Model (DPM) and the corrosion model, the erosion rate ($3.09227mm{\cdot}yr^{-1}$) was obtained from CFD simulations. As a result of applying the erosion rate to the limit state function, we obtained the pipe failure period value, 14.2 years to trigger a leak and 28.2 years to trigger a burst. Through these processes, we concluded that pipe erosion is one of the major failure modes. In addition to the results, this study has significance for suggesting the methodology of the pipe safety study.