• Title/Summary/Keyword: 금융정보

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Fast Detection of Finger-vein Region for Finger-vein Recognition (지정맥 인식을 위한 고속 지정맥 영역 추출 방법)

  • Kim, Sung-Min;Park, Kang-Roung;Park, Dong-Kwon;Won, Chee-Sun
    • Journal of the Institute of Electronics Engineers of Korea SP
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    • v.46 no.1
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    • pp.23-31
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    • 2009
  • Recently, biometric techniques such as face recognition, finger-print recognition and iris recognition have been widely applied for various applications including door access control, finance security and electric passport. This paper presents the method of using finger-vein pattern for the personal identification. In general, when the finger-vein image is acquired from the camera, various conditions such as the penetrating amount of the infrared light and the camera noise make the segmentation of the vein from the background difficult. This in turn affects the system performance of personal identification. To solve this problem, we propose the novel and fast method for extracting the finger-vein region. The proposed method has two advantages compared to the previous methods. One is that we adopt a locally adaptive thresholding method for the binarization of acquired finger-vein image. Another advantage is that the simple morphological opening and closing are used to remove the segmentation noise to finally obtain the finger-vein region from the skeletonization. Experimental results showed that our proposed method could quickly and exactly extract the finger-vein region without using various kinds of time-consuming filters for preprocessing.

A Study on Required Competency for Each Field of Intellectual Property in the 4th Industrial Revolution Era (4차 산업혁명 시대의 지식재산 분야별 필요 역량 분석)

  • Park, Ki-Moon;Lee, Kyu-Nyo;Lee, Byung-Wook
    • 대한공업교육학회지
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    • v.45 no.2
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    • pp.108-130
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    • 2020
  • In order to cope with the rapid changes in science and technology and various societies and complex economies with the advent of the 4th Industrial Revolution, intellectual property education is essential above all. In this study, therefore, intellectual property and the required competences were derived and verified for each field. As for the research method, Delphi technique was used twice for literature review and experts, and the conclusions of the research are as follows. First, the field of intellectual property required in the era of the 4th Industrial Revolution was classified, through literature review and Delphi technique, in eleven sections such as IP-R & D consulting, IP information search analysis, IP entitlement, IP strategic planning, IP transaction, IP finance, IP value evaluation, IP management, global IP management, IP commercialization, and IP disputes, of which validity was verified. Second, It was analyzed that the validity of required competencies derived from each field of intellectual property was reliable. Third, it is generally appropriate to nurture manpower in each field of intellectual property in universities or graduate schools. In addition, it is judged that regular job training of industries such as enterprises and public institutions is necessary regardless of the field.

The Relationship between Working Capital Management and Profitability : evidence from Korean Shipping Industry (우리나라 해운기업의 운전자본관리와 수익성과의 관계에 관한 실증연구)

  • Lee, Sung-Yhun
    • Journal of Navigation and Port Research
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    • v.39 no.3
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    • pp.261-266
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    • 2015
  • Many of previous studies suggested that working capital management is an important component of firm's financial decision and efficient working capital management affects firms' profitability and it's value. Recently, Korean shipping firms have been suffering from financial distress by recession of shipping economy. In this point of view, this study tries to investigate the relationship between working capital management and shipping firm's profitability, using panel data on 46 Korean shipping firms for the period of 2004-2013. As result of panel regression, it proved that average payment period, inventory turnover, cash conversion cycle and operating cycle are significantly associated with firms profitabilities such as profit margin ratio and operating profit ratio, and the manager of shipping firm can increase firms profitability by more efficient working capital management. There are strong positive relationships between average payment period and operating cycle and firm's profitability. These results suggest that managers can create firm's value by increasing average payment period and operating cycle. Otherwise inventory turnover and cash conversion cycle have negative relationships with firm's profitability. It means that managers can increase firm's profitability by reducing these variables.

Determinants of Investment or Speculative Grades (투자등급과 투기등급의 결정요인 분석)

  • Kim, Seokchin;Jung, Se Jin;Yim, Jeongdae
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.12 no.1
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    • pp.133-144
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    • 2017
  • This study investigates firm-specific financial variables that determine investment or speculative grades from the viewpoint of firms, which are one of the major stakeholders related to the credit rating. We employ an ordered probit model for our analysis with the sample data from 1999 to 2015 for listed firms in the Korean stock markets. For investment grades, operating margin, sales, market-to-book, dividend payment, capital expenditure ratio, and tangible asset ratio have a significantly positive impact on credit ratings. In the subsample for speculative grades, the coefficients of the dividend payment, retained earnings ratio, and capital expenditure ratio are significantly positive while short-term debt ratio and R&D expenditures have a significantly negative impact on credit ratings. For the analysis before and after 2009, when the Credit Information Use and Protection Act was strengthened after the global financial crisis, the coefficients of the capital expenditure ratio, cash ratio, and tangible asset ratio are significantly positive in the subsample for investment grades before 2009, but not significant after 2010. The coefficient of the long-term debt ratio is more significantly negative than that of the short-term debt ratio before 2009, for speculative grades, but short-term debt ratio has a more negative effect on ratings than long-term debt ratio after 2010. Surprisingly, the coefficient of the R&D expenditures is significantly negative in both investment and speculative grades since 2010. Our findings are inconsistent with the conjecture that the increase in R&D expenditures enhances the possibility of creating cash-flow by raising the investment growth opportunity, and thus affects positively the credit rating.

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미국 유기양돈의 생산과 유통 -현황과 농가의 결정에 영향을 미치는 요인들-

  • 크리스보에센
    • Proceedings of the Korean Society of Organic Agriculture Conference
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    • 2001.10a
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    • pp.207-218
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    • 2001
  • 미국의 콘벨트와 같이 곡물을 집약적으로 재배하는 지역에서 관행생산으로부터 유기적 생산으로 전환할 때 문제가 되는 것은 어떻게 하면 작물윤작을 더 많은 이익이 나올 수 있도록 선택하고 관리하는가 하는 점이다. 곡물생산을 중단하고 사료와 녹비작물을 재배하는데 드는 기회비용은 상당하다. 많은 유기농업 연구자, 학자들은 가축사육을 농장에 도입하여 다양화와 노동력 활용도를 높일 필요가 있음을 강조하고 있다. 가축 역시 곡물생산량이 줄어드는 것을 보완해줄 정도로 곡물 및 사료작물의 가치를 늘려 추며, 곡물생산에 쓰여진 양분을 퇴비를 통해 재활용할 수 있게 해 준다. 곡물 집약재배 지역에서 유기농가는 양돈이 경종체계에 자연스럽게 들어맞는 것으로 생각해 볼 필요가 있다. 돼지는 곡물과 사료작물 모두에 가치를 증대시켜 줄 수 있는 아주 효율적이고 적용이 쉬운 가축이다. 그다지 많지는 않지만 유기적, 지속가능한 양돈 생산에 관해서는 문헌이 좀 있다. 그러나 유기농가로 하여금 유기양돈 생산을 하도록, 그리고 유통의 방법을 어떻게 할 것인가 결정을 내리는데 도움을 줄 수 있는 그런 비교적 구체적인 정보는 그리 많지 않다. 이 글의 주요 초점은 미국 중부지방에서의 유기축산 생산(주로 돼지)에 관한 배경과, 시장의 추세, 인구적 특성, 미국의 기준들에 비추어 생산과 유통에 관한 결정 및 고려사항들에 대한 개관을 제시해 보는 일이다. 농장 수준에서 의사결정은 토지, 노동, 금융과 사회적 자본과 같은 자원을 각종 기회와 더불어 고려하여 이루어져야 한다. 이러한 결정은 모두 농장 차원을 넘어 각종 기준과 시장에서의 세력들의 맥락을 보고 이루어져야 한다. 각 개인의 수준에서는 농업인 역시 유기 흑은 환경친화적 농업에 관한 확신, 바꾸어 보겠다는 결심, 생활양식과 가족에 대한 영향, 그리고 농업인과 가족 경영에 대한 계획의 지평이라고 하는 범위 내에서의 유기적 방식으로의 전환에 관하여 결정을 내려야 한다.aotic motion)의 해석도 가능하다. 이 글에서는 비선형 진동해석을 위한 정규모드 동역학에 대한 연구동향 및 기본 이론을 살펴 보았고, 그 적용 예를 통하여 실험결과와 비교 고찰 함으로써 정규모드 동역학의 적용성을 서술하여 보았다. 선형이론으로 이해하기 어려운 현상들에 대하여는 비선형의 관점에서 새롭게 접근하 려는 노력이 필요하며 비선형 이론에 대한 연구가 지속적으로 진행되어야 한다. 진행되어야 한다.VA코드를 사용하여 흡기포트와 연소실 그리고 밸브의 움직임을 동시에 고려한 수치해석을 도입하였다. 하지만 이들이 밸브의 운동을 고려하기 위해 사용한 이동격자는 격자점은 시간에 따라 변화하지만 그 격자의 수가 일정하게 유지되어 있어서 밸브의 완전개폐를 해석할 수가 없다. 강희정[6]은 단일 실린더와 단일 배기밸브를 갖는 문제로 단순화하여 피스톤과 밸브의 움직임을 고려하므로써 배기행정 후 소음이 어떻게 전파해 나가는가를 연구하였다. 본 연구에서도 최소밸브간격과 최대밸브간격 사이에서만 계산이 가능하나 흡기의 경우는 밸브가 닫힐 때 생기는 압력파가 중요하므로 실린더와 밸브사이에 벽면조건을 주어 밸브의 개폐를 모사하였다.술을 보유하고자 한다. 이용한 해마의 부피측정은 해마경화증 환자의 진단에 있어 육안적인 MR 진단이 어려운 제한된 경우에만 실제적 도움을 줄 수 있는 보조적인 방법으로 생각된다.ofile whereas relaxivity at high field is not affected by τS. On the other hand, the change in τV does not affect low field profile but strongly in fluences on both inflection fie이 and the maximum relaxivity value. The results shows a fluences on both inflection field and the maximu

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The Effects of Internal Financing on R&D Investment of Innovative Kosdaq Enterprises (혁신형 코스닥기업의 내부자금조달이 R&D 투자에 미치는 영향)

  • Shin, Min-Shik;Shin, Chan-Shik;Kim, Byung-Soo;Kim, Ji-Young
    • Journal of Korea Technology Innovation Society
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    • v.12 no.2
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    • pp.360-387
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    • 2009
  • In this paper, we analyse empirically the effects of internal financing on investment of innovative small and medium sized enterprises listed on Kosdaq Market of Korea Exchange. The main results of this study can be summarized as follows. Free cash flows by proxy variables of internal financing have the significant effects on R&D investment as well as fixed asset investment. Internal financing has much more effects on R&D investment of general enterprises listed on Kosdaq Market than that of venture enterprises listed on Kosdaq Market, and on R&D investment of innovative enterprises than that of non-innovative enterprises. Internal financing has more effects on asset-counted R&D investment than cost-counted R&D investment. Asset-counted R&D investment is counted in intangible assets on Balance Sheet, and cost-counted R&D investment is counted in cost on Income Statement. Internal financing has more effects on R&D investment of financial constrained enterprises than that of financial unconstrained enterprises. Financial constraints is measured by credit ratings. Faulkender and Smith (2007) emphasize that low credit ratings enterprises are more likely to face financial constraints, and they rely largely on internal financing.

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The study on the policy for the formation of the innovation cluster : Focus on Pangyo Technovalley in Gyeonggi-Province (혁신 클러스터 구축을 위한 정책방향 설정에 관한 연구 : 판교테크노밸리를 중심으로)

  • Im, Jongbin;Cho, Hyeongrye;Chung, Sunyang
    • Journal of Korea Technology Innovation Society
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    • v.15 no.3
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    • pp.675-699
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    • 2012
  • Recently innovation cluster has been emphasized as a valid policy measure for innovation. For suggesting a new model of innovation cluster, we conducted literature review for the theories of regional innovation system(RIS) and innovation clusters. As a result, the success factors of innovation cluster were classified into system measures, physical measures, and social(human resources) measures from the perspective of RIS. The case of Gyeonggi province's innovation cluster policy was examined for an empirical analysis. For an in-depth analysis, a survey for the tenant companies in Pangyo technovalley(PTV) was conducted. As a result, it was found that Gyeonggi province's innovation cluster policy is evolving from 'a government-initiated system' to 'the 3rd-generation convergence RIS' and that PTV is closely related to the system measures of 'support for up-to-date management and technology information' and 'support for academic-research-industry cooperative research and technological cooperation,' physical measures of 'strengthening the function of PTV support division' and 'shared research equipment and other infrastructures,' and social measures of 'legal, financial, and administrative support system' and 'public childcare facilities'. Also, technology sector was divided into IT and non-IT for a validity check to find out that there was no significant difference in all factors, except for the public relations factors. This study is expected to provide resources for other related researches.

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A study of the major countries cyber terrorism Response System and Implications - Focusing on Analyzing the U.S., U.K. and Germany Cases - (주요국의 사이버테러 대응체계와 시사점 분석 - 미국·영국·독일 사례의 비교를 중심으로 -)

  • Kwon, Oh-Kook;Seok, Jae-Wang
    • Korean Security Journal
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    • no.49
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    • pp.187-214
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    • 2016
  • In the mordern society, the reliance on the cyber domain and the cyber connectivity has been increasingly strengthened. Due to this phenomenon, the cyberterror against critical infrastructures and state organs might lead to fatal consequences. Lately, North Korea's cyberattacks against South Korea's national organizations and financial computer networks are becoming more and more intelligent and sophisticated. The cyberattacks against such critical infrastructures have caused enormous economic loss and social disorder. This paper is designed to examine comparatively the cyberterror related laws and organizations of the advanced countries such as U.S. and U.K. and to draw implications. Although those countries are under different institutional and cultural backgrounds with varying security envrionments, they are identically pursuing measures by establishing government-wide counterterror system for coordination and cooperation. They are also commonly focusing upon creating new organizations equipped with new system and upon enhancing intelligence performance and devising punishment regulations. Korea is lack of framework laws regulating cyber security, having only scattered individual laws. Since such legal base is far from efficient counterterror activities, it is necessary that the legal and policy response of the advanced countries should be closely studied for selective introduction. That will eventually lead to legislation of cyber security law. With such legislation on hand, it is subsequently required to strengthen crisis management for prevention of cyberterror and to create joint response team, cooperating with private organizations.

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Proposals to improve government funding of domestic start-up businesses through Living Lab: Focus on Korea Credit Guarantee Fund (사용자 주도의 개방형 혁신을 통한 국내 스타트업 대상의 정부 자금지원 개선 방안 제언: 신용보증기금을 중심으로)

  • Park, Jun-Su
    • Journal of Convergence for Information Technology
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    • v.8 no.1
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    • pp.301-312
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    • 2018
  • The purpose of this study is to propose strategies for enhancing competitiveness through the utilization of policy funds, especially in the start-up companies supported by the Korea Credit Guarantee Fund. And then, the Korea Credit Guarantee Fund should develop 'user-centered policy funding model' in order to increase start-up's utilization of policy fund and support start-ups that are supported in the long run. The competitiveness of domestic start-up companies has been strengthened by 'user-centered policy funding model' and new innovations have been introduced through 'Living Lab', an open innovation. But, in order to overcome the limitation of reaching the stage of commercialization, the 'user-centered policy funding model' proposed in this study enables start-ups to be the subject of actual policy funding, and also allows users to freely apply for necessary funding at any time. Therefore, the Korea Credit Guarantee Fund has a significance in suggesting 'user-centered policy funding model' as a support model to be customized. However, since SMEs recognize the actual situation and limit acceptance of all the difficulties, the systematic analysis of the actual situation of the policy funds of the start-up by the credit guarantee fund and the related support institutions for the scientific approach of the user-oriented policy funding model need.

A Study on Determinants of the Number of Banking Relationships in Korea: Firm-specific Determinants and Effects of Business Cycle (우리나라 기업의 거래은행 수 결정요인에 관한 연구: 경기변동의 영향을 포함하여)

  • Hwang, Soo-Young;Lee, Jung-Jin
    • Management & Information Systems Review
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    • v.36 no.4
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    • pp.53-80
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    • 2017
  • The purpose of this study is to examine the determinants of the number of bank relationships in Korea. Firm-specific determinants considered here include leverage, size, age, return on asset, investment grade, tangibility, liquidity, R&D expenditure. We estimate the effects of these variables, and compare the results with those from previous studies performed for other economies. Concerning the effects of business cycle, we find that the business cycle is an important factor in determining the number of bank relationships. The number of bank relationships varies over the business cycle, and we notice a counter-cyclical behavior, which means the number decreases during economic expansions and increases during contractions. This result can be interpreted as a result of firms' diversification of borrowings into multiple banks in order to reduce the liquidity risk during the recession. In the subsets, however, the number of bank relationships for large firms is stable regardless of the business cycle. Unlisted firms, non-chaebol, and low credit quality firms which have relatively limited access to alternative sources of financing show counter-cyclical behavior. Finally, such phenomena is not observed in the non-competitive credit market, while they show a counter-cyclical behavior in the competitive credit market.

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