• Proceedings of the Technology Innovation Conference
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• 2004.06a
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• pp.151-169
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• 2004

Studies on compensation structures of international technology licensing show that the level of intellectual property protection in the host market and the favorableness of the host country's economic environment are positively related to the use of running royalty-based compensation structure. Lump-sum fee or fixed royalty compensation is more likely to be used in the introduction and decline stages of the technology life cycle, and running royalty compensation in the growth stage. The international experience and the size of the licensor company are positively related to the use of running royalty. In this theoretical context, this paper analyzes the compensation structures of technology import in Korea. The paper uses the officially reported data to analyze the compensation structures. It analyzes the characteristics of the compensation structures in terms of fixed royalty and running royalty by licensor country, group of licensor countries and size of licensee companies.

• Journal of the Korean Society for Precision Engineering
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• v.23 no.7 s.184
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• pp.51-58
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• 2006

This study analyzes the uncertainty of the compensation method of a sensing error of three-DOF measuring system. This compensation method utilizes a reference coordinate system using a three point by moving a position of an endpoint of a three-DOF manipulator. The coordinate transformation between the three-DOF manipulator and the measuring system is identified by the reference coordinate system. According to the concept of this compensation method, each positioning error at any position of the end-point of the manipulator is derived. Uncertainty analyses of the compensation values on the basis of sensitivity analysis and Monte Carlo simulation are used to investigate a feasibility and effectiveness of the compensation method.

• International Journal of Precision Engineering and Manufacturing
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• v.4 no.3
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• pp.20-27
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• 2003

Compensation of probe radius is required for accurate measurement in metal working industry. Compensation involves correctly measuring data on the surface in the amount of radius of the touch probe with a Coordinate Measuring Machine (CMM). Mechanical parts with free-formed curves and surfaces are complex enough so that accurate measurement and compensation are indispensable. This paper presents necessary algorithms involved in the compensation of the probe radius for free-formed curves and surfaces. Application of pillar curve is the focus for the compensation.

• Proceedings of the KIEE Conference
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• 1995.07b
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• pp.679-681
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• 1995

In this paper, a friction compensation scheme using a fuzzy logic is presented. For the precision positioning and tracking control, the proper friction compensation is essential. Friction compensation schemes based on velocity and controlling input or desired velocity, have limitations because the compensation values are fixed. In this paper, a fuzzy friction compensation scheme adjusts the compensation value depending on the velocity and the position error. The proposed fuzzy friction compensator is implemented in a linear positioning system. The performance is illustrated by simulations and experiments.

• Journal of Korea Technology Innovation Society
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• v.7 no.3
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• pp.507-531
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• 2004

This study examines the underlying properties of compensation structures and empirically test the difference in a various aspects of the compensation structures of Korean technology imports. In particular, this study looks into the trends of technology licensing from abroad in Korea and analyze the patterns of compensation structures in terms of compensation type, contract period and royalty rate by licensor country, group of licensor countries, size of licensee companies and area of licensed technologies. By doing so, this paper investigates how compensation structures in international technology transactions are determined in Korea and draw implications from the process of discussion.

• Journal of Sensor Science and Technology
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• v.28 no.5
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• pp.334-339
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• 2019

In this study, we propose a compensation method of raw LiDAR data with noise and noise filtering for signal processing of LiDAR sensors during the development phase. The raw LiDAR data include constant errors generated by delays in transmitting and receiving signals, which can be resolved by LiDAR signal compensation. The signal compensation consists of two stage. First one is LiDAR sensor calibration for a compensation of geometric distortion. Second is walk error compensation. LiDAR data also include fluctuation and outlier noise, the latter of which is removed by data filtering. In this study, we compensate for the fluctuation by using the Kalman filter method, and we remove the outlier noise by applying a Gaussian weight function.

• Journal of Electrical Engineering and information Science
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• v.2 no.4
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• pp.46-52
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• 1997

In this paper th use of compensation based on a combination of active plus reactive power at distribution model system is proposed. The basic voltage-power relationships for the linearized case on an infinite bus are used and the compensation angle is defined based on the voltage magnitude response to small power injection. Compensation is supplied at several locations, and the system is subjected to varying fault scenarios, with its response observed under different system conditions. As number of control issues for a storage-based active/reactive power compensator as a bus voltage regulator are explored to compare the effectiveness of active/reactive again reactive-only compensation.

• Journal of Technology Innovation
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• v.18 no.2
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• pp.1-32
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• 2010

It is well known that compensation satisfaction of employees is closely related to work attitude, job commitment, and employees'intentions to stay on the job. These known facts can also be applied to the professionals engaged in science & technology as well. Many studies have concluded that the Korea's losing competitiveness in the area of science & technology was mainly attributed to the distorted compensation system. In this vein, this paper identifies the potential determinants that affect the compensation satisfaction of S&T professionals, and to empirically examines the determinants influences on job commitment and intention to stay. This was done by acquiring data from S&T professionals currently being employed in firms, universities, and institutions. Consequently, for professionals engaged in science & technology, the compensation satisfaction was demonstrated to be largely influenced by job accomplishment, monetary compensation, and social compensation in order. In conclusion, to improve compensation system for S&T professionals, firstly, it is recommended to enhance job accomplishment by endowing more discretionary authority to conduct research. Secondly, the relatively lower-valued labor forces in S&T area will necessitate more economic support and compensation. Finally, the social compensation should be strengthened by not only ameliorating social status, but also improving labor liquidity and job security.

• The Journal of Asian Finance, Economics and Business
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• v.6 no.3
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• pp.305-313
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• 2019

The study examines whether higher CEO compensation is related to unobserved future firm performance in an emerging market, Pakistan. Further, it extends its scope to analyzing the impact of group affiliation and ownership concentration on the relationship between CEO compensation and future firm performance. The study uses an unbalanced panel data consisting of 1508 firm-year observations from 225 non-financial listed companies in Pakistan Stock Exchange (PSX) for period 2005 to 2012. The multiple regression models adjusted to heteroskedasticity and autocorrelation in error terms are used. The study finds that, in general, CEO compensation is positively associated with future operating performance. However, higher CEO compensation leads to lower operating performance in firms that have lower ownership concentration and are affiliated with business groups. When firms are not affiliated with any group and have high ownership concentration, the relationship between excessive CEO compensation and future operating performance becomes insignificant. Given that efficient compensation packages may lead to long term value creation to shareholders and reduce agency problems, this study highlights an important moderating role of ownership concentration and group affiliation of the firms in emerging markets.

• The Journal of the Institute of Internet, Broadcasting and Communication
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• v.17 no.1
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• pp.199-206
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• 2017

Environmental noise can degrade the performance of speech recognition system. This paper presents a procedure for performing cepstrum based feature compensation to make recognition system robust to noise. The approach is based on direct compensation of spectral tilt to remove effects of additive noise. The noise compensation scheme operates in the cepstral domain by means of calculating spectral tilt of the log power spectrum. Spectral compensation is applied in combination with SNR-dependent cepstral mean compensation. Experimental results, in the presence of white Gaussian noise, subway noise and car noise, show that the proposed compensation method achieves substantial improvements in recognition accuracy at various SNR's.