• Title/Summary/Keyword: Empirical Probability

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[Retracted]Empirical Analysis on the Impact of the Corporate Research Institute on Corporate Performance ([논문철회]기업부설연구소가 기업성과에 미치는 영향에 대한 실증 분석)

  • Seong, Byung Ho;Kim, Tae Sung
    • Journal of the Korea Convergence Society
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    • v.11 no.4
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    • pp.203-219
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    • 2020
  • This study attempts to empirically analyzes whether the establishment of a company-affiliated research institute affects corporate performance and innovation-oriented enterprises, and suggests implications for policy establishment. Logistic regression analysis was used to analyze if the establishment of an affiliated research institute and internal competency variables affect innovation and innovative performance-type companies. As a result, the establishment of an affiliated research institute was found to have a positive effect on the probability of belonging to an innovation-oriented company group, and it was found that it had a significant effect on business performance. In particular, there was significant effect on the production capability among internal competencies and the inclusion of innovative business groups is analyzed to have a mediating effect. Based on the research, the policy directions for encouraging the establishment of an affiliated research institute of small and medium-sized enterprises and revitalizing the research institute were suggested, and limitations and future research directions were suggested.

From Complexity to Hybridity: Transformative Combinations of Different Programs in Stadium Architecture

  • Shin, Yoon Jeong;Baek, Jin
    • Architectural research
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    • v.21 no.3
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    • pp.59-67
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    • 2019
  • Although many stadiums around the world have incorporated various profitable facilities, many are making conventional and cursory decisions without deep consideration of the interrelationships of different programs. This paper investigates cases in which new programs such as a hotel, a youth hostel, and a dormitory have been introduced into stadiums, showing different results. In the first part of this paper, the theoretical precedents of program combination are studied. Although Bernard Tschumi's notion of the combination of different programs presented its prophetic probability, this paper discern different approaches addressing program mixture, engendering eventually a productive modification of his notion based on the empirical observation of the cases. This paper classifies the manner of programmatic combination into complexity and hybridity, arguing that the latter transforms the spaces and gives rise to unexpected synergy, while the former merely assembles different programs. The second part compares the spaces of complexity and hybridity in stadiums. Through the plan and the section analysis of the spatial structure and the interrelationship of programs, this section reveals how the two different ways of the program combinations have had different results. In hybrid stadiums, programs are not simply gathered, but directly connected and intertwined. In the third part, the nature of the spatial transformation in the hybrid space is researched in detail. In the hybrid stadiums, the collision of the different programs changes the conception of the programs themselves and their related spaces. Hotels and stadiums are not what they once were, provoking unanticipated situations. These transformed spaces not only suggest a method of reutilizing of disused urban spaces, but also of meaningful and communicative program mixture, diversifying and vitalizing a city, not isolated islands of discrepancy. The ultimate purpose of this paper is clarifying the programmatic hybrid paradigm, surpassing complexity through the analysis of the stadium cases and illuminating the manner by which the hybridity breaks the typical tie between the program and space, to cause transformed situations.

Influence of Financial Literacy and Educational Skills on Entrepreneurial Intent: Empirical Evidence from Young Entrepreneurs of Pakistan

  • BILAL, Muhammad Ahmed;KHAN, Hadi Hassan;IRFAN, Muhammad;Ul HAQ, S.M. Nabeel;ALI, Manzoor;KAKAR, Ali;AHMED, Wahab;RAUF, Abdul
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.1
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    • pp.697-710
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    • 2021
  • This paper attempts to study the impact of Financial Literacy on Youth Entrepreneurial Intent in Pakistan. A closed-ended self-administered structured questionnaire covering financial literacy, computer knowledge, financial attitude, and financial knowledge with Entrepreneurial Intent was collected from young entrepreneurs. The research tried to investigate the education level with computer skill to inspect the effect of financial literateness on young generation Entrepreneurial Intent in the context of Pakistan. The research model was tested using PLS-SEM and authenticating a measurement model through the advanced methodology and their association with Entrepreneurial Intent. Results revealed that financial literacy and its two parts (financial attitude and financial knowledge) have a positive impact on Entrepreneurial Intent. The size of the joint impact of financial literacy and its components on Entrepreneurial Intent was assessed to be adequate. Entrepreneurial Intent is essential for creating new firms to maintain economic development. Furthermore, it is determined in this research that if youth has better financial knowledge and financial attitude, the probability of Entrepreneurial Intent increases. This suggests that if the youth in Pakistan desire to attain a higher limit of Entrepreneurial Intent, they must implement financial literacy models for enhancing and promoting their current Entrepreneurial Intent.

Import Penetration and Job Stability: A Micro-Level Analysis for Korea (산업별 수입침투율이 일자리 안정성에 미친 영향)

  • Hwang, Sun-Oong;Kim, Jae-Duck;Kim, Hyok-Jung
    • Korean Journal of Labor Studies
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    • v.23 no.1
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    • pp.197-220
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    • 2017
  • This paper provides empirical evidence on the impact of increasing import penetration on the job stability of Korean workers. The main results are as follows. First, import penetration negatively affects job stability. If an industry's ratio of imports to total supply increases by 1 percentage point, the turnover probability of workers in that industry increases by 4.5 percentage points. Second, the effect of trade liberalization is not symmetric between imports and exports. Unlike the case of imports, an industry's ratio of exports to output does not have a significant effect on job stability. Third, the impact of import penetration is not uniform across different types of workers. The negative impact is greater for workers in small firms, less educated workers, and those not protected by labor unions.

A Study on The Effect of Perceived Value and Innovation Resistance Factors on Adoption Intention of Artificial Intelligence Platform: Focused on Drug Discovery Fields (인공지능(AI) 플랫폼의 지각된 가치 및 혁신저항 요인이 수용의도에 미치는 영향: 신약 연구 분야를 중심으로)

  • Kim, Yeongdae;Kim, Ji-Young;Jeong, Wonkyung;Shin, Yongtae
    • KIPS Transactions on Computer and Communication Systems
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    • v.10 no.12
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    • pp.329-342
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    • 2021
  • The pharmaceutical industry is experiencing a productivity crisis with a low probability of success despite a long period of time and enormous cost. As a strategy to solve the productivity crisis, the use cases of Artificial Intelligence(AI) and Bigdata are increasing worldwide and tangible results are coming out. However, domestic pharmaceutical companies are taking a wait-and-see attitude to adopt AI platform for drug research. This study proposed a research model that combines the Value-based Adoption Model and the Innovation Resistance Model to empirically study the effect of value perception and resistance factors on adopting AI Platform. As a result of empirical verification, usefulness, knowledge richness, complexity, and algorithmic opacity were found to have a significant effect on perceived values. And, usefulness, knowledge richness, algorithmic opacity, trialability, technology support infrastructure were found to have a significant effect on the innovation resistance.

An Empirical Study on the Analysis Model for Self Powered University Selection using University Information DB (대학 정보공시 데이터베이스(DB)를 활용한 자율개선대학선정 예측에 관한 실증연구)

  • Chae, Dong Woo;Jeon, Byung Hoon;Jung, Kun Oh
    • Journal of Information Technology Applications and Management
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    • v.28 no.6
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    • pp.97-116
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    • 2021
  • Due to the decrease in the school-age population and government regulations, universities have made great efforts to secure their own competitiveness. In particular, the selection of universities with financial support based on the recent evaluation of the Ministry of Education has become a major concern enough to affect the existence of the university itself. This paper extracts three-year data from 124 major private universities nationwide, and quantitatively analyzes the variables of major universities selected as self-improvement universities, competency reinforcement universities, and universities with limited financial support. As a result of estimating the selection of self-powered universities using the ordered logit model by hierarchically inputting 12 variables, student competitiveness in the metropolitan area (1.318**), Educational Restitution Rate (4.078***), University operation expenditure index rate (1.088***) values were found. Significant positive coefficient values were found in the admission enrollment rate (45.98***) and the enrollment rate (13.25***). As a result of analyzing the marginal effects, the increase in the rate of reduction of education costs has always been positive in the selection of self-powered universities, but it was observed that the rate of increase decreases in areas of increase of 150% or more. On the contrary, the probability of becoming a Em-powered university was negative in all sectors, but on the contrary, it was analyzed that marginal effects increased at the same time point. On the other hand, the employment rate of graduates was not able to find direct significance with the result of the selection of Self powered universities. Through this paper, it is expected that each university will analyze the possibility and shortcomings of the selection of Self powered universities in policy making, and in particular, the risk of dropout of selection for the vulnerable field can be predicted using marginal effects. It can be used as major research data for both university evaluators, university officials and students.

An Algorithm For Approximating The Performance of Multi-mode Network System Using Algebraic Property of System States (시스템 상태의 대수적 성질을 이용한 다중모드 네트워크 시스템 성능 근사계산 알고리즘)

  • Oh, Dae-Ho
    • Journal of the Korea Society of Computer and Information
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    • v.14 no.12
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    • pp.127-137
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    • 2009
  • A practical algorithm of generating most probable states in decreasing order of probability of the network system state is suggested for approximating the performance of multi-mode network system using algebraic structure of the system states. Most complex system having network structure with multi-mode unit state is difficult to evaluate the performance or reliability due to exponentially increasing size of state space. Hence not an exact computing method but an approximated one is reasonable approach to solve the problem. To achieve the goal we should enumerate the network system states in order as a pre-processing step. In this paper, we suggest an improved algorithm of generating most probable multi-mode states to get the ordered system states efficiently. The method is compared with the previous algorithms in respective to memory requirement and empirical computing time. From the experiment proposed method has some advantages with regard to the criterion of algorithm performance. We investigate the advantages and disadvantage by illustrating experiment examples.

The Study on Paid Employees' Mandatory Retirement - Focusing on the Interaction wage with Job Tenure - (임금근로자의 강제퇴직에 대한 연구 - 임금과 근속기간의 상호작용을 중심으로 -)

  • Ji, Eun Jeong
    • Korean Journal of Social Welfare Studies
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    • v.42 no.4
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    • pp.295-327
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    • 2011
  • Although there are many studies on the retirement recently, very few studies have empirically addressed on mandatory retirement. In Korea, several scholars suggest that the seniority systems may be the main reason that employers have been reluctant to hire older workers. Therefore, the seniority system that Lazear(1979) proposed has significant implication on explaining mandatory retirement in Korea. Thus, this study aims to examine the seniority system that Lazear proposed can explain the retired employees' mandatory retirement. The empirical study is based on Korean Longitudinal Study of Ageing. wave I-II. The main result from this analysis is that interaction between wage and job tenure on mandatory retirement is statistically significant. For employees with high wage growth rates, the probability of mandatory retirement rate is higher as their job tenure is longer. On the other hand those employees with wage growth rates, that is lower although their job tenure is longer. This study supports the assertion of Lazear(1979).

Democratization and Politics of Trasformismo : Explaining the 1990 Three-Party Merger in South Korea

  • Kwon, Hyeokyong
    • Analyses & Alternatives
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    • v.1 no.2
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    • pp.2-12
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    • 2017
  • Research on democratic transitions has relatively ignored the question of why some countries experience a regressive form of political pacts, while others do not. This paper develops a simple game-theoretic model to explain the phenomenon of collusive pacts in the process of democratization. Trasformismo is a term that refers to a system of political exchange based on informal clientelistic politics. The existing studies of the politics of trasformismo have emphasized the timing of industrialization and the tradition of strong state as conditions of the politics of trasformismo. However, not every late industrializers and not every strong states experienced some variants of collusive political pacts in their trajectories of democratization. In this paper, I contend that the politics of trasformismo is rather a generalizable pattern of political elites' behavior under particular circumstances. By developing a simple game theoretic model, this paper suggests the conditions under which political actors are likely to collude to a regressive form of political pacts. The model shows that the likelihood of collusion to a regressive form of political pacts is a function of a set of parameters. First, a higher level of incumbency advantage in electoral competition is likely to be associated with a higher probability of collusive political pacts. Second, a higher degree of the monopoly of political representation of political parties without a close link with a variety of societal forces is likely to induce collusive behavior among politicians. Third, the ruling party leader's expectations about the likelihood of a safe extrication are related to collusive political pacts. This paper then engages in a case study of the 1990 three-party merger in South Korea. The 1990 Korean case is interesting in that the ruling party created a new party after having merged with two opposition parties. This case can be considered a result of political maneuver in a context of democratization. The case study suggests the empirical relevance of the game-theoretic model. As the game of trasformismo and the case study of the 1990 three-party merger in South Korea have shown, the collusive political pact was neither determined by a certain stage of economic development nor by a particular cultural systems. Rather, it was a product of the art of trasformismo based on party leaders' rational calculations of the expected likelihood of taking governing power.

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Effects of Marketing Orientation on Management Performance of Small and Medium-sized Enterprises: Focusing on the Chungnam Area (마케팅 지향성이 중소기업 경영성과에 미치는 영향: 충남지역을 중심으로)

  • Sang-Mok Bae
    • Industry Promotion Research
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    • v.8 no.3
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    • pp.1-7
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    • 2023
  • This study is an empirical study on the influence of workpieces on the research results until it became a marketing field, and a total of 94 questionnaires were used as research analysis data for the Chungcheongnam-do area. As a result of the analysis, first, among marketing orientations, business orientation was found to have a significant effect on growth (β=.405) and customer satisfaction (β=.330). Customer satisfaction of business orientation shows a low number, so there is a need for improvement. Second, customer satisfaction and growth showed a high correlation coefficient of .746, and showed a significant correlation of p<.01 or higher, so the correlation between variables was confirmed to be appropriate. Third, it was confirmed that there was a significant difference between groups in customer satisfaction according to the age and work experience of the survey subjects. The significance probability was .006, which showed a statistically significant result. This study is meaningful in providing basic data for improving the management strategy and actual performance of SMEs as a research on marketing orientation and management performance.