• Title/Summary/Keyword: Appraisal Value

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Policy Capturing LP for Ranged Ratings in Performance Appraisal

  • Jung, Ho-Won
    • Management Science and Financial Engineering
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    • v.9 no.2
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    • pp.13-20
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    • 2003
  • For inferring criteria in a performance appraisal. linear programming (LP) has been utilized as an alternative to policy capturing (PC). Previous policy capturing LP (PCLP) studies were limited to the criteria of exact numerical ratings. However. under certain evaluation circumstances, a ranged rating with a lower and upper bound may be preferred over an exact numerical value. Therefore, this study introduces a new LP model that allows ranged ratings. A simple example is given to illustrate our model.

A Comparative Analysis of the Measuring Standards far Intangibles and Knowledge Assets on a Monetary Base (무형/지적자산의 화폐적 측정 상관행비교)

  • 이기호;설성수
    • Journal of Korea Technology Innovation Society
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    • v.5 no.1
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    • pp.72-89
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    • 2002
  • This paper is based on a belief that, it is the simplest and best way measuring intangibles and knowledge assets on a monetary base, although there are many efforts to measure it. We analysis and compare with accounting, appraisal and valuation standards on Korean, USA and global level each. We conclude that valuation is appropriate for intangibles and knowledge assets, but we should check the standards of valuation on a social base in Korea.

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A Success factor for Technology Commercialization for Start-ups by the Weighted-BMO Model (BMO모형을 이용한 스타트업 기술사업화 성공요인 연구)

  • Min, Kwang-Dong;Huh, Moo-Yul;Han, Jeong-Hui
    • The Journal of Industrial Distribution & Business
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    • v.9 no.11
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    • pp.39-54
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    • 2018
  • Purpose - To success, in spite of deficient resources, a start-up company has to check various circumstances. Many researchers proposed different appraisal methods for technology commercialization. But everybody agrees Merrifield is the first one, who is a pioneer of an appraisal model of technology commercialization. After he proposed it, many researchers and field workers developed a more complicated model, which called a BMO model. In this research, considering the circumstances of start-ups that lack available resources, it proposes a new appraisal method for technology commercialization, which is named a weighted-BMO model. Research design, data, and methology - For the new BMO-model, it studied the preceding studies. And it found that the success factors for start-ups were correlated with technology commercialization. After comparing the success factors for technology commercialization of start-ups with BMO appraisal factor, it withdraws the net BMO appraisal model: which we are calling the weighted-BMO model. Results - This study found a few things. First, actually, the BMO appraisal factors related with the success factors of technology commercialization. Second, the weighted-BMO model, which included the entrepreneur ability factor, was more accurately estimated the success of technology-based start-ups than the BMO model. Third, it overcame the weakness of the BMO-model, which did not include quantitative factors. In addition to evaluating the feasibility of the BMO model, we also presented a strategy for the future direction. But, still, it included a few shortcomings, which we are calling the arbitrage of weighted value. Sometimes, the intentional weighted value can deliberate the different valuation. Conclusitons - Due to this study, the weighted-BMO model included appraisal factors related with the success factors of technology commercialization and the entrepreneur ability factor, and quantitative factors. When evaluating the combined score of the existing Merrified BMO components, 35 points of the first pass criterion accounted for 29.17% of the total score, and 80 points of the merit score of the second rank criterion were 66.67% Considering that the weighted sum is taken into account, the baseline score of the weighted summing method for each component of the modified BMO model is 2.92 points, which is 29.17% of the weighted sum total of 10 points. The evaluation score was 6.67 points, 66.67% of the weighted total score of 10 points.

Gender and Age Differences in Triple Media Usage Related to Outdoor Apparel Purchases

  • Yoon, Jae-ik;Kim, Hanna
    • Journal of the Korean Society of Clothing and Textiles
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    • v.39 no.5
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    • pp.683-694
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    • 2015
  • This study defines the concept of triple media and examines various marketing media that influence a consumer's purchase of outdoor fashion brands. We explore the effects of gender and age on information searches related to outdoor fashion brands and purchase criteria related to outdoor clothing. A survey of consumers who visited stores was conducted. We targeted consumers between the ages of 15 and 50 and analyzed 764 questionnaires. The results show that triple media involve eight factors: five factors (printed ads or radio ads, campaign ads, Internet ads, TV ads, and store ads) in paid media, one factor (direct marketing) in owned media, and two factors (channels of social network services, channels of direct promotion) in earned media. Further, the evaluation/appraisal criteria of outdoor clothing consist of four attributes (practicality, promotional activities, product power, and customer service). The teenager group showed significantly low usage of campaign ads, direct marketing, and direct promotion, while the use of Internet ads is particularly high among teenagers compared to other age groups. Moreover, teenagers are least likely to rely on practicality when evaluating clothing and are most likely to value product power. Additionally, women show significantly high usage of direct marketing. In terms of the clothing appraisal criteria, women assign higher value to practicality and promotional factors than men. The theoretical and managerial implications of the findings are discussed.

Type of Solution and the Effects of Temperature Change in a Rapid Appraisal of Cement Fineness with a Liquid Densimeter (액체밀도계에 의한 시멘트의 분말도 신속평가에서 용액 종류 및 온도변화의 영향)

  • Lee, Jae-Jin;Kim, Min-Sang;Moon, Byeong-Yong;Kim, Yeong-Tae;Han, Min-Cheol;Han, Cheon-Goo
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2017.05a
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    • pp.167-168
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    • 2017
  • With the recent increase in demand for construction there has been an increase in the use of the raw material cement when mixing concrete; managing quality of cement powder, therefore, is most important. Therefore this study sought at first to develop a rapid appraisal using the Hydrometer method researched previously, for it was thought that when suspending cement in a solution and applying the Hydrometer method to it the temperature changes in the solution would have a great effect on the density value of the Hydrometer method; yet there has been no report of such influence factors. Therefore after analyzing the influence factors that the type of suspending solution and changes in temperature could have on rapid appraisal of fineness, using the Hydrometer method, this study was able to determine that using water at 20℃ was the most appropriate, and with every temperature increase of 10℃ the value of fineness should also be increased above or below 7% as well.

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A Study on the Improvement of Research Records Appraisal Practice of the Government-funded Research Institutions (정부출연연구기관의 연구기록 평가 개선방안 연구)

  • Ahn, Chaeyoung;Kim, Jihyun
    • The Korean Journal of Archival Studies
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    • no.66
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    • pp.105-155
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    • 2020
  • Research records are a type of record with a range of controversies over the core elements of management, such as the definition and scope of research records, and who manages research records, despite the critical need for their management. Research records have been neglected in blind spots because it is difficult to manage them, but if well managed, they are evaluated as records with a highly potential value that can be used infinitely later. In particular, government-funded research institutes, as both research institutes and public institutions, take responsibility for systematic management of these research records. Therefore, as this study noted the necessity of research records appraisal for the systematic management of research records in government-funded research institutes, and conducted interviews with 11 records managers working at government-funded research institutes in Korea, the current status of research records management and appraisal of government-funded research institutes was identified. As a result, improvement measures for research records appraisal was suggested as follows. First of all, in the light of the current public records appraisal system, there is a problem of effectiveness in applying it to the research record appraisal system as it is. Therefore, this study suggested that an appraisal system appropriate for research records was needed, and proposed plans for improving the research records appraisal system in terms of purposes, authority, methods, time point, tools and criteria for appraisal.

A Case Study on the Application of Shipyard Capital Investment Appraisal and Management Procedure (조선 설비투자분석 및 관리절차의 적용에 관한 사례연구)

  • Park, Ju-Chull;Yun, Sung-Tae
    • IE interfaces
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    • v.12 no.2
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    • pp.285-293
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    • 1999
  • This paper analyzes the facility investment appraisal process of a real world shipyard and proposes several improving points. For this purpose the investment appraisal sheets are investigated in terms of the theory of the discounted cash flow (DCF) method. Through this investigation, the differences between the theory and its application are clarified and it is tried to resolve the gab by applying the DCF method appropriately including explicit use of actual cash flows in revenue and expense expressions. It is also proposed that some portion of the capital loss caused by defending facility sales may not be the sunk cost and that the portion can conceptually be calculated by the difference between economic value and sales price.

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Complementary Methods of the Records Reappraisal Policy (공공기록물 재평가 제도 보완 방안)

  • Ryoo, Sinae;Lee, Seung-Hwi
    • The Korean Journal of Archival Studies
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    • no.24
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    • pp.41-71
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    • 2010
  • Reappraisal is a process to examine the past appraisal decision. The reappraisal theory is based on two facts: first, appraisal decision can not be always correct, second, the archival value is changed by time. So, reappraisal policy should complement the limit of the first appraisal results, which is based on the function analysis. To achieve this goal, it is needed to use different process and methods from the first appraisal. However, existing reappraisal system does not meet the essential purpose of reappraisal. This article examined the limit of the reappraisal policy. To complement the problems, this article set a direction and suggested the subject-based reappraisal. The aim of this study is to present the methods to document the society of the generation.

An Essay on Appraisal Policies of Presidential Records (대통령기록물 재평가에 관한 소고)

  • Youn, Eunha
    • The Korean Journal of Archival Studies
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    • no.76
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    • pp.39-60
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    • 2023
  • How should the value of presidential records be evaluated and discarded? Currently, the evaluation of presidential records is operated in a dual system that evaluates the value of 7 types based on the characteristics of presidential records as public records while considering the uniqueness of presidential records. Once again, we have to think about 'where does the value of presidential records come from, and how can we evaluate this value'. In this paper, I would like to examine the value and evaluation of presidential records by understanding the characteristics of the domestic presidential archives evaluation system and organizing the problems and issues of the current evaluation system. In addition, the purpose of this study is to examine the evaluation system of presidential records stipulated in the Presidential Records Management Act of the United States and to analyze its implications for the domestic presidential records evaluation system.

A Study on Technology Appraisal for IT Techniques (IT분야 기술을 위한 기술가치평가에 관한 연구)

  • Oh, Sun-Jin
    • The Journal of the Convergence on Culture Technology
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    • v.1 no.4
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    • pp.71-77
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    • 2015
  • Recently, major activities for the transfer and commercialize of the innovatory IT techniques are revitalized with the active study and development of the IT technologies. Nowadays, the primary concern for the systematic technology valuation gets the great attention in order to transfer or trade innovatory IT techniques easily. It is because the accurate appraisal for the technology is the most important step to get its proper utility value in the transfer and commercialize of the techniques. In this paper, we survey the general technology valuation methods for the transfer and commercialize of the techniques and also examine the special technology appraisal method for the innovatory IT techniques, which have relatively short technical life cycle and can create high added values, in order to transfer innovative IT techniques satisfactorily.