The economic benefits of big science R&amp;D: With a focus on fusion R&amp;D program in Korea

Choi, WooJhon; Tho, Hyunsoo; Kim, Youbean; Hwang, Sung-Ha; Kang, Dongyup

doi:10.1016/j.fusengdes.2017.02.063

Cited by 5 publications

(3 citation statements)

References 7 publications

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“…It is difficult for farmers to provide materials to prove their credit and repayment ability. e group's incomplete cognition of financial services, distrust of financial business, and low recognition of financial fraud may lead to the absence of financial services [19].…”

Section: Mobile Information Systemsmentioning

confidence: 99%

Rural Revitalization and Digital Financial Economic Development Model Based on Multimodal Sensor Fusion

Ping

2022

Mobile Information Systems

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Since the 19th National Congress of the Communist Party of China, the key to rural development has been to solve the problem of rural development. The “three rural issues” is a critical issue for the country’s economy. In addition, the implementation of the Rural Revitalization Strategy under the environment of data financial and economic development can be more convenient and efficient. However, the traditional sensor fusion technology still has the disadvantages of low efficiency and high cost in the application of Rural Revitalization and digital financial economic development model. In order to solve the shortcomings of this technology, this paper proposes a multimodal sensor fusion technology combined with BP neural network (BPNN, a commonly used feedback neural network) and Kalman filter (a linear filtering algorithm), and it constructs a rural economic development model combined with digital finance. This paper uses this technology to study the economic development model. Firstly, the research method is to visit and investigate the residents and basic economic situation of a village and then use the economic development model constructed in this paper to carry out the economic analysis of the BPNN model and Kalman filter model. It includes Mohr scatter diagram, economic income, industrial investment, product export, and household consumption. The results show that the Mohr scatter diagram of the village changes from the third quadrant (−0.7, −0.5) to the first quadrant (−0.7, 0.3); the difference between the economic income calculated by the Kalman filter algorithm and BPNN algorithm and the actual value shall not exceed 10%. The rural industrial investment index increased by 56.08, the product export index increased by 30.11, and the household consumption index increased by 13.10. It shows that the economic development model constructed in this paper has achieved good results.

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Section: Mobile Information Systemsmentioning

confidence: 99%

Rural Revitalization and Digital Financial Economic Development Model Based on Multimodal Sensor Fusion

Ping

2022

Mobile Information Systems

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“…Youbean Kim (NFRI) studied the economic benefits of big science R&D program: with a focus on fusion R&D program in Korea [18]. He investigated three spillover effects of fusion R&D program.…”

Section: Highlights Of Presentationsmentioning

confidence: 99%

Summary of the 2nd International Workshop on Environmental, Safety and Economic Aspects of Fusion Power

Chen

Meng

et al. 2018

Nucl. Fusion

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The 2nd International Workshop on Environmental, Safety and Economic Aspects of Fusion Power (ESEFP) was held on 23 September 2017 in Kyoto, Japan. The workshop was initiated by the International Energy Agency Technology Collaboration Program on ESEFP. The workshop was well attended with approximately forty participants representing fifteen institutions in eight countries. The presentations covered safety issues and environmental impacts, availability improvement and risk control and socio-economic aspects of fusion power. Quantitative safety assessment of fusion reactors was discussed in depth with the consensus output presented as a plenary presentation at the 13th International Symposium on Fusion Nuclear Technology (ISFNT-13). The next workshop is planned to be held in conjunction with the ISFNT-14 in 2019.

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“…A large facility is considered the core resource of big science. From construction to operation, it requires participation of various stakeholders under the leadership of national government, resulting in economic spillovers to society [6][7][8]. A large facility also stimulates scientific advancements by supporting research activities that are hard to conduct in a laboratory.…”

Section: Introductionmentioning

confidence: 99%

Measuring national capability over big science’s multidisciplinarity: A case study of nuclear fusion research

2019

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In the era of big science, countries allocate big research and development budgets to large scientific facilities that boost collaboration and research capability. A nuclear fusion device called the “tokamak” is a source of great interest for many countries because it ideally generates sustainable energy expected to solve the energy crisis in the future. Here, to explore the scientific effects of tokamaks, we map a country’s research capability in nuclear fusion research with normalized revealed comparative advantage on five topical clusters—material, plasma, device, diagnostics, and simulation—detected through a dynamic topic model. Our approach captures not only the growth of China, India, and the Republic of Korea but also the decline of Canada, Japan, Sweden, and the Netherlands. Time points of their rise and fall are related to tokamak operation, highlighting the importance of large facilities in big science. The gravity model points out that two countries collaborate less in device, diagnostics, and plasma research if they have comparative advantages in different topics. This relation is a unique feature of nuclear fusion compared to other science fields. Our results can be used and extended when building national policies for big science.

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The economic benefits of big science R&D: With a focus on fusion R&D program in Korea

Cited by 5 publications

References 7 publications

Rural Revitalization and Digital Financial Economic Development Model Based on Multimodal Sensor Fusion

Rural Revitalization and Digital Financial Economic Development Model Based on Multimodal Sensor Fusion

Summary of the 2nd International Workshop on Environmental, Safety and Economic Aspects of Fusion Power

Measuring national capability over big science’s multidisciplinarity: A case study of nuclear fusion research

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