Determinants for the success of regional ICT ventures: a close examination of south korea

Background This study identifies the key motivational factors in enhancing economic performance and increasing new job opportunities for information and communication technology ventures (ICTVs) in South Korea and examines their potential causal relationships through structural equation modeling analysis on data collected from over 200 ICTVs located in Daedeok Innopolis. Results The results indicate that the economic performance of ICTVs is determined mainly by government support, innovation effort, and private equity and support. Government support and innovation effort are also positively associated with new job opportunities. Conclusions The theoretical, industrial implications of the key findings, and recommendations for the Korean government are discussed.This work was supported by the National Research Foundation of Korea Grant funded by the Korean Government (NRF-2014S1A5A2A01011769). This study was also supported by the Dongguk University Research Fund of 2015

Optimal renewable power generation systems for Busan metropolitan city in South Korea

The metropolitan cities of developed countries comprise more than 50% of the global population and consume over 60% of the world's energy. Many governments plan to enhance their energy infrastructure and the electricity supply–demand reliability of their energy sources. Among them, South Korea's government has developed electricity generation facilities, most of which use renewable resources such as photovoltaic and wind energy. This study determines the optimal renewable electricity generation configuration for one of the largest metropolitan cities in South Korea, Busan metropolitan city. A simulation using 2013 Busan electricity demand data produces this optimal configuration, which includes photovoltaic panels, wind facilities, converters, and batteries with $0.399 of COE (Cost of Electricity) and 100% of renewable fractions. Both the study's practical limitations and implications are discussed.This study was supported by the Dongguk University Research Fund of 2015. Support for the UJI (Universitat Jaume-I) Robotic Intelligence Laboratory is provided in part by Ministerio de Economíay Competitividad (DPI2011-27846), by Generalitat Valenciana (PROMETEOII/2014/028) and by Universitat Jaume I (P1-1B2014-52)

Optimized renewable and sustainable electricity generation systems for Ulleungdo Island in South Korea

The South Korean government has long been attempting to reduce the nation’s heavy reliance on fossil fuels and increase environmental safety by developing and installing renewable power generation infrastructures and implementing policies for promoting the green growth of Korea’s energy industry. This study focuses on the use of independent renewable power generation systems in the more than 3000 officially affirmed islands off Korea’s coast and proposes a simulated solution to the electricity load demand on Ulleungdo Island that incorporates several energy sources (including solar, batteries, and wind) as well as one hydro-electric and two diesel generators. Recommendations based on the simulation results and the limitations of the study are discussed