• Title/Summary/Keyword: incentives

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Decision of optimal incentives and total order quantity with consideration of return rate of remanufacturing product (재생산 제품의 회수율을 고려한 최적 인센티브 및 총 주문량 결정)

  • Lee, Yong-Hyun;Lee, Chul-Ung
    • Journal of the Korea Society of Computer and Information
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    • v.16 no.8
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    • pp.165-176
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    • 2011
  • In this paper, we develop the cost minimization model to select two incentives and total order quantity with consideration of remanufacture company's return incentive. Return rate is sensitive to the incentive that the manufacture company offers. Using a EOQ(Economic Order Quantity) model of a cost minimization, we show concavities of the model about two incentives and total order quantity respectively. According to the proposed algorithm using the concavities, we find out the optimized incentive prices and total order quantity. Through numerical study, we examine sensitive analysis of the incentive price and order quantity for each parameter when the return rate is sensitive to incentive. Company lessens incentive to reduce total price. However, this makes the total price increase due to a diminution of return quantity. We expect that domestic or overseas remanufacture businesses are able to decide optimal incentive and total order quantity by this research.

A study on improvement of Investment Incentive Acts for Attracting Companies in Gangwon (강원지역 기업유치 활성화를 위한 지원제도의 개선방안에 관한 연구)

  • Park, Kon-Young;La, Kong-Woo
    • International Commerce and Information Review
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    • v.17 no.1
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    • pp.115-134
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    • 2015
  • Stable economic growth and job creation through the attracting companies is a major challenge for local governments. Companies are asked to select a place to invest and finally considering the conditions. Local governments will take advantage of a variety of incentives to attract companies the means to overcome the unfavorable position relative to conditions. Investment incentives should be applied differently depending on the investment objective, investment, corporate investment period. However, Local governments has developed a similar promotion activities through support under the same legal system. This does not result in a substantial investment activities. In this study, we derive the Introduction of differentiated support system for Gangwon Province. In particular, logistics and waste water treatment cost support, upward adjustment of training subsidies were looking for concrete improvements in the investment support system.

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A Study on Success Factors for Technology Commercialization in IT Industry (IT업계의 기술상용화 주요 요인에 관한 연구)

  • Sung, Taekyung
    • Journal of Service Research and Studies
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    • v.7 no.2
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    • pp.91-105
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    • 2017
  • The purposes of this paper is to identify CSFs for technology commercialization in IT industry, and to empirically investigate the impact of CSFs on the success of technology commercialization. Comprehensive literature study identifies eleven factors affecting the process and results of technology transfer and the research results show that 'Incentives for Commercialization,' 'Leadership Support,' 'Government Support,' 'Cooperation among Parties,' and 'Understanding of Business' are the most influential factors. Regression analyses show that CSFs in total have very significant explanatory power in the success of technology commercialization. 'Incentives for Commercialization,' 'Cooperation among Parties, 'Demand-Pull Technology', and 'Commercialization Experience' are statistically significant in explaining the success of commercialization. Successful commercialization projects show higher explanatory power (46.80%) than failure projects (38.50%).

Climate Change and Regional Land Use Planning : The Formulation of California Senate Bill No. 375 (기후변화와 광역토지사용계획: 캘리포니아의 Senate Bill No. 375의 사례)

  • Choi, Hyun-Sun;Choi, Simon
    • Journal of Environmental Policy
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    • v.9 no.1
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    • pp.3-29
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    • 2010
  • This paper explores how effectively the newly introduced planning process - California Senate Bill No. 375 will achieve the regional GHG emissions target under the California policy and planning framework and how well incentive based environmental policy might perform. The new legislation creates a future growth scenario to reduce greenhouse gas (GHG) emissions with incentives as means of implementation of AB 32 - the Global Warming Solution Act of 2006 and includes five important policy and planning aspects: 1) the role of sustainable communities strategies (SCS) as one of the key elements in their regional transportation plans; 2) planning for transportation and housing; 3) specified incentives for the implementation of SCS; 4) the regional planning approach toward reducing GHG emissions; and the role of the California Air Resources Board to establish the regional GHG emissions target. This has significant implications for regional and environmental planning with incentives - resources allocation and approval process.

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The Effect of Industrial Waste Water Effluent Charge Reform (수질배출부과금제도 개선 방안 연구)

  • Min, DongKi
    • Environmental and Resource Economics Review
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    • v.18 no.4
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    • pp.767-785
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    • 2009
  • This paper studies the effect of industrial waste water effluent charge reform. The goal of the present effluent charge system is to use environmental resources in an efficient way by charging the cost for removing emitted water pollutants. However, the present system is a type of regulation instead of providing economic incentives to the industry. That is, if a firm emits pollutants greater than the limit, it has to pay an amount greater than the cost of cleaning them taking into account the amount of waste water discharged, region, the number of violation and the level of density of pollutants. However, the excessive fees have resulted in the lowest ratio of revenue-to-effluent charge among all environmental charges. The paper estimates the effect of the change in effluent fee and revenue when the present effluent charge system is converted to one that offers economic incentives. The results show that the amount of waste water effluent charge is about four times larger than the estimated environmental cleaning cost. In addition, the results show that by modifying the effluent charge system, the ratio of revenue to effluent charge can be raised.

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Allocating the Budget of Port Incentives for Customers (항만 인센티브 예산의 합리적 배분방법)

  • Park, Byung-In
    • Journal of Korea Port Economic Association
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    • v.32 no.3
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    • pp.139-154
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    • 2016
  • The port incentive scheme currently implemented in various Korean ports is used as a marketing tool to increase price competitiveness. Typically, ports implement piecemeal imitation strategies to enhance their competitiveness, rather than a precisely designed system. A precise analysis of the effectiveness of a port's system and scheme redesign are lacking because budget allocation is done without input from customers and freight groups. This study models the incentives faced by ports using a linear programming model. We use the Gwangyang port as the base case. Our analysis of the Gwangyang port reveals that there are insufficient incentives implemented when a traditional qualitative analysis is used. We also identify any excess, deficiency, or absence of the incentive effect for each type of customer and freight group. We find the overall budget of the incentive scheme to be more rational when ports allocate funds to minimize port mileage, and allocate 61.77 percent and 38.23 percent of the budget on existing and new (or increased) cargo inventory, respectively. Future studies can build on our work by further considering basic inputs, and by adding a system to estimate the input data of our model to identify constraints and thus provide a more accurate incentive scheme.

Assessment of the Potential Carbon Credits from Reducing Emissions from Deforestation and Enhancement of Forest Carbon Stock Activities in Developing Countries (개도국의 산림전용으로 인한 온실가스 배출량 감축 및 산림탄소축적 증진 활동의 탄소배출권 잠재력 평가)

  • Bae, Jae Soo;Bae, Ki Kang
    • Journal of Korean Society of Forest Science
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    • v.98 no.3
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    • pp.263-271
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    • 2009
  • This study aims to identify negotiation alternatives related to Post-2012 reducing emissions from deforestation (RED) and enhancement of forest carbon stock (EFCS) activities. It also aims to recommend a negotiation strategy considering environmental integrity and national interest on the basis of estimating reduction potentials of each alternative on the assumption that tradable carbon credits play an important role as positive incentives. In order to estimate greenhouse gas (GHG) reduction potentials and income potential from RED and EFCS activities, 99 countries were selected by the Global Forest Resources Assessment of the Food and Agriculture Organization of the United Nations. A 'baseline and credit' method was applied to estimate RED activities. Gross-net and net-net methods were applied for EFCS activities. According to the results, Brazil, Indonesia, and the Democratic Republic of Congo have more potential to get positive incentives through RED, while China, Chile, and the Republic of Korea have more potential to get positive incentives through EFCS. This study suggests including both RED and EFCS activities in the boundary of policy approaches and endowment of positive incentives to consider GHG reduction potentials in the global scale and equity among developing countries. Making a discount rate application of forest management activities can be also recommended to factor out the effects of human-induced activities by EFCS activities.

A Suggestion for the Strategic Choice of Seoul to be a Network Center in Northeast Asia

  • Ahn, Kun-Hyuck;Ohn, Yeong-Te
    • Journal of the Korean Regional Science Association
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    • v.15 no.2
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    • pp.155-187
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    • 1999
  • The East Asian Region has experienced remarkable economic growth and transformation of interurban networking over the past three decades, and urban competiti veness for a networking hub in this region has become a critical issue confronting cities. Competitiveness of the Seoul capital region for a networking hub in Northeast Asia is outstripped by other competing cities in East Asia, notwithstanding its geo-politically and geo-economically advantageous location in this region. In this paper, we aim to appraise the Seoul capital region's competitiveness in terms of logistics distribution, financial function and logistics distribution, financial function and agglomeration of transnational corporations (especially of RHOs and other managerial functions), and to advance the networking strategies of the region for a Northeast Asia hyb. As a result of analysis, we suggest that the Seoul capital region be developed as a Northeast Asian center for regional headquarters or leading global corporations and financial services for being a strategic nodal point in Northeast Asia in the 21st century. A recent survey shows that where to locate an RHQ is influenced by various factors, such as potential market and manufacturing site in the city's hinterland, quality of life, such things as culture, health, safety, education, a well-educated, English-speaking population, reliable air transport, state-of-the-art communications, and an active policy to offer foreign companies generous incentives. The Seoul capital region, which is located at a strategic nodal point advantageous as a springboard for its Northeast Asian hinterland, cannot meet the other conditions mentioned above. To overcome these drawbacks in attracting transnational capital and to create competitiveness as a strategic hub of RHQs in Northeast Asia, it is urgent to initiate a structural reform of the Korean economy, politics, and overall society, to minimize the regulation of FDI, and to provide various incentives for foreign investment. Moreover, we propose the construction of an 'International Business Town' in the Seoul capital region, as a medium to intermediate these strategies and to shape them in a spatial scale. The projected 'International Business Town(IBT)' will be a 'free city' open to international business in which liberal economic activities are guaranteed by special legislation and administration, infrastructures needed for international and improved accessibility to the airport are furnished, and the preference of foreign high-income investors for cultural and living environment are satisfactorily met. IBT is conspicuously differentiated from a raft of other cities' incentives in that it combines deregulation and incentive programs to attract the investment of transnational capital, with a spatial program of offering an urban environment preferred by the high-income investors for cultural and living environment are satisfactorily met. IBT is conspicuously differentiated from a raft of other cities' incentives in that it combines deregulation and incentive programs to attract the investment of transnational capita, with a spatial program of offering an urban environment preferred by the high-income and managerial class. Furthermore, it can be an excellent way of overcoming the xenophobia that has spread among the Korean population by concentrating foreign businesses and their lifestyles in a specific foreign businesses and their lifestyles in a specific zone. In conclusion, 'International Business Town', in line with other legislative and administrative incentive programs, will function as a driving force to make the Seoul capital regional more competitive as a regional business hub in Northeast Asia.

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A Study on Causes and Reactions of Intending Turnover of Staff Nurses Working in Hospitals (임상간호원의 이직에 대한 반응 및 이에 미치는 요인에 관한 조사연구)

  • 박세남
    • Journal of Korean Academy of Nursing
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    • v.6 no.2
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    • pp.10-17
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    • 1976
  • High turnover rate of nurses working in the hospitals is one of the serious problems in nursing society at the present time which can result in reducing the economic condition of hospital and providing low quality nursing care. This study was designed identify the causes and turnover rate of 248 clinical staff nurses in relation to their rewards and incentives in 6 hospitals located in Seoul from Oct.1 to Oct. 20, 1975. Questionnaires and analyzing items were formulated on the basic of Mallow's hierarchy of basic needs which were grouped in three categories such as safety and social and psychological rewards and incentives. The data were analyzed by means of mean, Chi square, Percentage and F- ratio. The following results were obtained: 1) There were 69% of respondents who have definitely decided or hoped to leave the hospital. 2) Those who are in the range of 26 to 30 years of age showed the strongest desire to leave the hospital. 3) There was no significant difference between those who want to leave the hospital and those who want to remain in relation to age, educational background, past experience and expecting period of clinical work. However, the married nurses tend to remain in the hospital than the single. 4) When the rewards scores in the three categories were calculated, psychological rewards were placed in the first rank by the mean score 14.09 ; and each of safety rewards and social rewards were 9.06 and 4.84. When the scores in three categories were compared it was found that there was significant difference. (F〈0.01).

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An Empirical Study on the Interaction Effects between the Customer Reviews and the Customer Incentives towards the Product Sales at the Online Retail Store

  • Kim, J.B.;Shin, Soo Il
    • Asia pacific journal of information systems
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    • v.25 no.4
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    • pp.763-783
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    • 2015
  • Online customer reviews (i.e., electronic word-of-mouth) has gained considerable interest over the past years. However, a knowledge gap exists in explaining the mechanisms among the factors that determine the product sales in online retailing environment. To fill the gap, this study adopts a principal-agent perspective to investigate the effect of customer reviews and customer incentives on product sales in online retail stores. Two customer review factors (i.e., average review ratings and the number of reviews) and two customer incentive factors (i.e., price discounts and special shipping offers) are used to predict product sales in regression analysis. The sales ranking data collected from the video game titles at Amazon.com are used to analyze the direct effects of the four factors and the interaction effects between customer review and customer incentive factors to product sales. Result reveals that most relationships exist as hypothesized. The findings support both the direct and interaction effects of customer reviews and incentive factors on product sales. Based on the findings, discussions are provided with regard to the academic and practical contributions.