• Title/Summary/Keyword: sustainable Strategy

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Impact of Blockchain Technology on Maritime Transport in the Shipping Industry

  • Byun, Sang-phil;Oh, Jeong-Hun
    • Asia-Pacific Journal of Business
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    • v.12 no.4
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    • pp.53-61
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    • 2021
  • Purpose - The purpose of this paper is to assess the empirical evidence that shows blockchain technology has been a significant contributor to the growth of maritime transport in the shipping industry. Design/methodology/approach - Employing a generalized linear model using data from 2010 to 2019, this paper presents empirical evidence to demonstrate the positive impact of the adoption of blockchain technology on the maritime transport industry. Findings - Results from Granger causality tests confirm that there is a positive unidirectional causality from blockchain technology to maritime transport. This paper also demonstrates the positive effects of information technology (IT) and GDP growth on maritime transport. On the other hand, maritime transport is negatively influenced by the tax burden. Research implications or Originality - The results of this paper suggest a potential sustainable development strategy for the maritime transport industry involving the redirection of economic resources toward blockchain technology. Adopting other forms of IT and reducing the tax burden are also useful strategies for the development of the industry.

A Case Study on the Conflict Between an Incumbent CEO and a Successor

  • Yunseok Lee;Giseob Yu;Namjae Cho
    • Journal of Information Technology Applications and Management
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    • v.30 no.2
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    • pp.31-44
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    • 2023
  • Family businesses play a significant role in the overall economy of all countries, and the importance and weight of family businesses are increasing in various fields. Many factors are essential for a family business to grow into a long-lived business, that is, a sustainable business, but the most important one is succession. TRUST Lab at Hanyang University studied the importance of factors influencing the succession of the family business from the standpoint of the successor. As a result, it was confirmed that mutual trust is the most crucial factor, and conflict can destroy that trust. Therefore, in this study, we research conflict as a central topic for successful succession, which is the most fundamental reason for family businesses. This study was conducted as a qualitative research case study. By setting criteria suitable for the purpose of the study, we conducted interviews with ten successors who either worked or planned to work in a family-related company. Through this study, conflict management of key players is the most important to achieve a continuous succession of family businesses.

Building Culture Complex Belt of Innovation City through Mixture of Cultural, Educational and Public Space (신도시형 혁신도시 문화공간의 복합화 조성 방안 -나주혁신도시를 중심으로-)

  • Kim, Hang-Jib
    • The Journal of the Korea Contents Association
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    • v.10 no.9
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    • pp.421-431
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    • 2010
  • Sustainable development is the main stream of urban development in 21st century. Also, in contemporary cultural space, it is the pivotal paradigm that the development of culture complex and mixture of cultural space, educational facilities, information technology and public space. So, the purpose of this paper lies in presentation for building culture complex belt for innovation city. For this purpose, this paper has reviewed the developmental trend of cultural facilities, has analyzed cultural environment of Naju city, has set the vision and the strategy for Naju innovation city up, and finally has suggested and planned the method of culture complex belt for sustainable new town development.

A Study on Evaluating the Conservation/Utilization Area and Establishment of the Guideline for Conservation of the DMZ Region (DMZ 일원 보전·이용지역 설정 및 가이드라인 수립 연구)

  • Song, Wonkyong;Jeon, Seong Woo;Kim, Eunyoung;Lee, Dongkun;Lee, June
    • Journal of the Korean Society of Environmental Restoration Technology
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    • v.15 no.2
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    • pp.163-175
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    • 2012
  • In spite of the ecological value of the DMZ, there have not been established guidelines for sustainable conservation and use on the DMZ and adjacent area. In this study we suggested a method about zoning the conservation and utilization area considering environmental data and the characteristic of the DMZ region, and we make the guideline for conservation of the DMZ region based on the zone. Using 10 legal protection areas, the Environmental Conservation Value Assessment Map (ECVAM) and the boundaries of the DMZ region, we evaluated this region into conservation areas, management areas, and utilization areas. The results showed that as much as 91.8% of the DMZ region was evaluated as conservation areas, 6.9% as management areas, and 1.3% as utilization areas. After consultation with experts we suggested management principles, the direction, and the guideline based on the planning process considering the evaluation map. The study suggests principles and guidelines for management, and the guidelines could be a effective tool for the sustainable conservation and management strategy of DMZ region.

A Study on the Activation Strategy of Site-Based Experiential Environmental Education (현장체험중심의 환경교육 활성화 방안 연구 -독일의 환경교육이 주는 시사점을 중심으로-)

  • 최돈형;노경임
    • Hwankyungkyoyuk
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    • v.13 no.2
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    • pp.51-62
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    • 2000
  • This study examined the current status of school environmental education (EE) in Germany, and attempted to propose strategies to develop school EE in Korea. The study intended to accomplish the following goals: First, this study attempted to examine the developmental process of school EE in Germany. Second, exemplary cases of site-based experiential education in Germany are selected and analysed to develop pedagogical strategies in school EE in Korea. The strategies for development proposed in this study can be summarized as follows: First, the focus of EE should go beyond that of "solving or curing"environmental problems and pollutions, and need to be re-directed to pursue an "education for sustainable development", a new paradigm for future EE. Second, EE should increasingly integrate outdoor site-based, experiential programs into the currently classroom-based and knowledge-driven forms of education, not only to maximize its educational effect but also and knowledge-driven forms of education, not only to maximize its educational effect but also to coordinate the instruction of EE in the context of the educational reform agenda, currently undergoing since the late 1990s, in Korea. Third, teaching-learning materials for EE should be variously developed, and programs should be encouraged to serve local needs and circumstances for effective classroom practices, and criteria for standardization and professionalization should be sought in developing these programs. Fourth, it is recommended that the Ministry of Environment secure funds to facilitate the local school authorities at the municipal and provincial levels to operate a mobile environmental support system, equivalent to the function of the "Lumbricus"in Germany. Fifth, an external support network should be established among the support agencies for EE. Especially, a professional agency or institute to academically support school EE and a special planning committee for enhancing EE need to be established for resource and personal development. Parents′voluntary participation should also be encouraged to establish a tripartite network of "school-community-government" to support and facilitate school EE.

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The Imperatives of Institutional Framework and Collaboration Mechanism in Agriculure Modernization-The Case of Abim District, Uganda (농업현대화를 위한 제도적 공동협력 프레임워크구축에 대한 연구: 우간다 Abim지역의 사례를 중심으로)

  • Ochieng, Haggai Kennedy Otieno;Kim, Jun Yeup
    • Journal of the Economic Geographical Society of Korea
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    • v.19 no.2
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    • pp.313-329
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    • 2016
  • The paper shows that Uganda lacks an adequate institutional framework to achieve agriculture modernization. Based on constellation model, the paper proposes an effective way to promote agricultural development through policy and institutional partnerships at various levels of governance and action by various stakeholders in the sector. From this theoretical perspective, the paper raises salient research questions: Why is Abim District an important focus for Agricultural development? What is the effect of institutional arrangements and partnerships in agriculture development in Abim District? What forms of institutional partnerships and collaboration framework can effectively address the challenge in the District and Northern Uganda as a whole? These concerns are important obstacles to improved agricultural performance in Uganda as dysfunctional institutional arrangements and norms are majorconstraints to agricultural development. The findings demonstrate that institutional gaps, bureaucracy, institutional proliferation and overlapping roles have derailed agriculture modernization. Hence, the development strategy proposes creating and rejuvenating all essential players operating in the region, developing or deepening their inter-linkages through judicious and sustainable partnerships with all the principal players in Abim District.

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Benefits from Utilizing A Conceptual Model of Indoor GIS Based Evacuation Information System

  • Luo, Wen-Yuan;Ahn, Byung-Ju;Kim, Jae-Jun;Lee, Gwang-Gook;Kim, Whoi-Yul
    • Korean Journal of Construction Engineering and Management
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    • v.10 no.5
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    • pp.148-157
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    • 2009
  • When an emergency situation happens in buildings, the top priority is to ensure the occupant from danger as soon as possible. Achieving that goal is a multifaceted and difficult task. However, current evacuation systems have many deficiencies in dealing with the emergency in multi-level structures. The shortage of abilities to continuously update database, predict the future situation and provide the information to users with contextual information is the limit in current systems. Thus, it is very crucial to introduce Evacuation Information System (EIS), which is able to respond quickly to the emergency, and transfer the information to both the administrator and the occupant. The main purpose of this paper is to build EIS on the basis of the indoor Geographical Information System (GIS). When the emergency happens, EIS gives the instruction to Emergency Response Model (ERM) at once. ERM carries out the order and calculates the optimal evacuation routes, then sends the result to EIS. At last, EIS transmits evacuation messages to the occupant who implements evacuation plan. This paper highlights the benefits of EIS in two aspects. One is that EIS can update the data continuously to support evacuation strategy-making. The other is that it can transmit evacuation messages to both the administrator and the occupant.

Social Responsibility Activities and Financial Performance of the Financial Industry (금융업의 사회적 책임활동과 재무성과)

  • Xia, Xuehao;Bae, Soo Hyun
    • The Journal of the Convergence on Culture Technology
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    • v.5 no.3
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    • pp.71-78
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    • 2019
  • The importance of social responsibility such as ethical management and social contribution activities is emphasized for the sustainable growth of companies. Although there is a great deal of research on corporate social responsibility due to the increase in social interest and expectation, most of them have been limited to research on general manufacturing industry. The purpose of this study is to analyze the effect of social responsibility activities on financial performance. In addition, we want to analyze the difference in the financial performance of companies with excellent social responsibility activities announced by the Institute of Economic Justice and others. The analysis period is from 2011 to 2016, and we analyze using the robust regression methodology which is relatively effective in solving the autocorrelation and this dispersion problem. First, it is proved that the higher the KEJI index, the more positive effect on financial performance. In addition, we found that there is a significant difference in the financial performance of companies with excellent social responsibility activities and those with other social responsibility activities. These results will have important implications for establishing a firm's financial strategy and will serve as useful information for the financial industry that is striving for sustainable management.

A Study on ESG Management Strategies of Port Enterprises for Sustainable Ports: Focusing on Port Authority (지속가능 항만을 위한 항만기업의 ESG경영전략에 관한 연구: 항만공사를 중심으로)

  • Seo, Mun-Sung
    • Journal of Korea Port Economic Association
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    • v.39 no.4
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    • pp.309-324
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    • 2023
  • Recently, not only has ESG (Environment, Society, Governance) been discussed domestically and internationally intensively, both within companies and at the level of national competitiveness, but also ESG management is seen as a concept that practically implements a new value system for sustainable development of our humankind. As the mandatory disclosure of environmental, social and governance (ESG) is scheduled for 2025, it is a reality that companies are experiencing considerable burdens and difficulties. In recent years, among ESG activities, which are non-financial management performance in the shipping and port industries, environmentally friendly activities are acting as an important indicator for shipping companies. In particular, the National Assembly has enacted laws related to air quality, including ports, and the Ministry of Maritime Affairs and Fisheries is making various support measures and plans to create eco-friendly ports. Accordingly, the purpose of this study is to analyze the current status of ESG reports and suggest related problems and improvement plans for ESG activation.

Environmental Evaluation for the Remanufacturing of Rental Product Using the LCA Methodology (LCA기법을 이용한 랜탈 재제조품의 환경성 평가)

  • Kwak, In-Ho;Hwang, Young-Woo;Park, Kwang-Ho;Park, Ji-Hyoung;Seol, So-Young;Shin, Hwa-Jeong;Yang, Eun-Hyeok;Min, Gon-Sik
    • Journal of Korean Society of Environmental Engineers
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    • v.38 no.11
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    • pp.611-617
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    • 2016
  • Remanufacturing that is the rebuilding of a product to specifications of the original manufactured product by collecting used-product, completely disassembling, cleaning and repairing or replacing with a new part and reassembling has been received attention in aspects of resource, recycling because it is a great environmental improvement. Remanufacturing is the rebuilding of a product to specifications of the original manufactured product by collecting used-product, completely disassembling, cleaning and repairing or replacing with a new part and reassembling. With a great environmental improvement and resource recycling and conservation, many studies were conducted. Up to date, remanufacturing activities are mainly applied to automobile parts and printer toner cartridge in South Korea. However, remanufacturing of rental product is not well conducted although rental products are collected in good condition and could be remanufactured in the same condition as a new product. Therefore, in this study, we conducted life cycle assessment (LCA) to an air cleaner product that is one of rental products. This study attempts to identify the processes in new products and remanufacturing life cycles that contribute the most environmental impacts. The results show that air cleaner remanufacturing could reduce about 20% of environmental impacts compared to new product. The greatest benefit related to environmental impact is with regard to ozone layer depletion potential (ODP), which is reduced by 94%. In the life cycle of air cleaner, raw material extraction stage had the most environmental impacts, especially with regard to abiotic depletion potential (ADP) and global warming potential (GWP). In the environmental impacts in each part, the ABS power had the highest environmental impacts.