• Journal of the Korean Society of Industry Convergence
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• v.25 no.4_2
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• pp.645-653
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• 2022

Recently, deep reinforcement learning has been applied to a variety of industries, such as games, robotics, autonomous vehicles, and data cooling systems. An algorithm called reinforcement learning allows for automated asset allocation without the requirement for ongoing monitoring. It is free to choose its own policies. The purpose of this paper is to carry out an empirical analysis of the performance of asset allocation strategies. Among the strategies considered were the conventional Mean- Variance Optimization (MVO) and the Proximal Policy Optimization (PPO). According to the findings, the PPO outperformed both its benchmark index and the MVO. This paper demonstrates how dynamic asset allocation can benefit from the development of a reinforcement learning algorithm.

• Journal of Distribution Science
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• v.21 no.8
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• pp.57-68
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• 2023

Purpose: The research aims to investigate the development of market distribution through digital marketing transformation trends with the support of universities. This development strategy is to maximize sales turnover of limited liability companies' typical traditional beverage products. Research design, data, and methodology: The research design uses descriptive qualitative methods. Data were obtained by participatory observation, in-depth interviews, FGDs, and documentation. Results: The result shows that the partner's traditional product market distribution strategy has been carried out by adopting science and technology and expertise possessed by partner universities. Universities that are Partners have benefited from the implementation of the Independent Campus program. Conclusions: The conclusion from the findings is that business actors must collaborate with universities through the Kedaireka Matchmaking Fund Program. The collaboration will create the right strategy development for the business. The government needs to provide more access to finance in the future. The hope is that the traditional beverage industry and higher education can realize the ease of synergy contributing to national development and the vision of the Indonesian Ministry of Education and Culture's independent campus.

• Journal of the Korean Society of Industry Convergence
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• v.27 no.2_2
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• pp.467-473
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• 2024

Metaheuristics' impact is profound across many fields, yet domestic financial portfolio optimization research falls short, particularly in asset allocation. This study delves into metaheuristics for portfolio optimization, examining theoretical and practical benefits. Findings indicate portfolios optimized via metaheuristics outperform the Dow Jones Index in Sharpe ratios, underscoring their potential to enhance risk-adjusted returns significantly. Tabu search, in comparison to Simulated Annealing, demonstrates superior performance by efficiently navigating the search space. Despite these advancements, practical application remains challenging due to the complexities in metaheuristic implementation. The study advocates for broader algorithmic exploration, including population-based metaheuristics, to refine asset allocation strategies further. This research marks a step towards optimizing portfolios from an extensive array of financial assets, aiming for maximum efficacy in investment outcomes.

• Information Systems Review
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• v.12 no.1
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• pp.165-188
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• 2010

Recently public and finance SI (system integration) industry is called as 4D (difficult, dangerous, dirty, dreamless) industry because of low profit, overtime works and poor motivation of employees. Even some people think at SI industry to be a labor intensive industry instead of a high technology industry. The current study considers outside environmental change of SI industry as well as inside capability enhancement of SI companies. The study adopted action research method with the author's expertise and experiences as a head of a major SI company in Korea. The current research framework suggests 5 areas of profitability enhancement that offers propositions and implications. 5 areas of profitability enhancement are (1) policy improvement, (2) business portfolio innovation (3) sales capability reinforcement, (4) delivery capability reinforcement, and (5) cost management innovation. The five areas include 11 propositional factors and 21 implementation plans which were chosen from the profitability perspectives of SI companies.In order to successfully execute propositions and implementation plans of the framework, 3 years is needed and after 3 years profitability are expected to increase 10% higher than the current level. The framework, propositions and suggestions in this study are expected to offer a real contribution for SI companies that want to enhance competitiveness and profitability. Future extension of the current study to benchmarking the competitiveness and profitability between local companies and global companieswill bring a solid attention from industry and academics.

• Journal of the Korean Institute of Rural Architecture
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• v.16 no.1
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• pp.95-102
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• 2014

The number of industrial accident victims in the construction industry accounts for 1/3 of those in the entire industries and about 30% of the total compensation costs are spent in the construction industry. As such, the construction industry is a typical industry causing numerous safety accidents. This study analyzes the status of industrial accidents in small scale construction sites to build maximum five-story buildings by examining statistical data for the past five years, investigating those construction sites and conducting interviews with the workers. This study also seeks the causes of and measures for industrial accidents in the small scale construction industry through comparison with relevant systems. The findings are as follows: (1) To reduce hazard rate, shaping the working environment and safety measures that take into account the physically weak classes of the middle aged and the aging are urgently required, because 62.9% of the industrial accidents in the construction industry occurred to those who are 50 years of age or older. (2) The hazard rate at small scale construction sites with less than 10 construction workers accounts for 55% of that of the entire industries. The government, in this context, needs to support finance or technology and improve system by selecting the small scale construction sites, where industrial accidents occur frequently. (3) Because the hazard rate of unskilled workers with less than 6 months of work experience accounts for 90.95% of the total, safety education needs to be concentrated on those unskilled workers. (4) The relevant standards need to be segmented and revised and bolstered, given that 64.79% of death disaster in the construction industry occurs in the temporary structures including scaffolds and ladders.

• Journal of Digital Convergence
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• v.17 no.12
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• pp.77-82
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• 2019

In this paper, we propose a new industry - university collaboration plan through the analysis of the present state of industry-academia cooperation and government support projects, and analysis of major overseas cases. The following is the plan for activating the new crop cooperation. First, it is necessary to strengthen the innovation of education system and establishment of new education course based on future demand through future-oriented industry-university cooperation. Second, active industry-academia cooperation should stimulate entrepreneurship education and entrepreneurship based on university resources. Third, it should act as an anchor of regional innovation by actively cooperating with local innovation entities. It is necessary to develop an industry-university cooperation model that can generate profits and contribute to university finance.

• Journal of Platform Technology
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• v.12 no.2
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• pp.3-11
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• 2024

In the trend of digital transformation and the increase in non-face-to-face services triggered by the Fourth Industrial Revolution, the demand for cloud computing services is being sharply stimulated. Currently, the cloud is being introduced in various industrial sectors including public, IT, and finance, and the manufacturing industry is also adopting the cloud to secure future sustainability and is promoting innovation through smart manufacturing. However, it has been found that there are constraints in the adoption of cloud by manufacturing companies due to concerns about security. Existing studies that have identified cloud security risks have been limited to presenting general cloud security risks or technical security risks rather than focusing on the manufacturing industry. Therefore, this study aimed to identify cloud security risks in the manufacturing industry based on the actual concerns in the field. For this, expert interviews and literature research were conducted to newly identify cloud security risks in the manufacturing industry, and the adequacy and urgency of the selected security risks were verified through surveys. Based on this study, if a cloud security management system for the manufacturing industry is designed in the future, it is expected that the adoption of cloud in the manufacturing industry will be more activated.

• Communications for Statistical Applications and Methods
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• v.18 no.1
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• pp.119-130
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• 2011

This paper measures and analyzes the performance of insurance companies in Korea in respect to sustainable development and suggest strategic implications based on the analysis. The correlation, regression, ANOVA, and t-test are employed. The results of this study are summarized as follows. First, it shows tat social index is important in the life insurance industry; however, the environmental index, is important in the non-life insurance industry. Second, the result gained by regressing the size and financial soundness on the performance of sustainable development demonstrates that the size variable is statistically significant. It suggests that size is a necessary condition for sustainable development. Finally, ANOVA shows that the small and medium sized companies have a significantly poor performance compared to the large companies concerning the social index and reputation index in the life insurance industry. The small and medium sized companies in the non-life insurance industry exhibit a significantly poor performance compared to the large companies in respect to all the indexes, except for the social index. Therefore, the small and medium sized companies make every endeavor in the poor indexes to improve performance.

• Journal of the Korean association of regional geographers
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• v.20 no.1
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• pp.16-29
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• 2014

This study aims to suggest methods for improving innovation capability in Daegu-Gyeongbuk's mobile industry. Before offering suggestions, it analyzes the characteristics of technological innovation based on the mobile industry's value chain in Daegu-Gyeongbuk in relation to R&D workforce, R&D expenditures, and R&D networks. Support for R&D workforce in the Daegu-Gyeongbuk's mobile industry is concentrated in the mobile device and contents sectors. In addition, it is difficult for companies to finance R&D expenditures because most are SMEs, except for some large enterprises in the mobile device sector. R&D networks are structured mainly inside of companies, and linkages among universities, research institutes, and supporting institutes are weak in all sectors. To strengthen the innovation capability in Daegu-Gyeongbuk's mobile industry, therefore, human resource projects should be dispersed, and financial support should also be spread across value chain sectors rather than concentrated. Aside from this, a place for industry, academia, institutes, and government to build and enhance innovative networks should be created in all sectors.

• Journal of Service Research and Studies
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• v.8 no.1
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• pp.73-87
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• 2018

Countries around the world are preparing policies to promote service economy. Recently, as the fourth industrial revolution is accelerating, interest in the service industry is increasing. Korea's service industry is among the lowest among OECD countries in terms of employment, value-added and productivity, and it is time to explore new development strategies. The Korean government is establishing a service economic development strategy to promote employment and economic vitality. However, in the era of the 4th industrial revolution, the service industry is very important in that it has to be fused with the manufacturing industry. This study examines the service industry policy related to the 4th industrial revolution which the central government, local governments, and countries around the world are pursuing through literature review. The Big data analysis is used to determine the interest rate of the seven major service industries and core technologies for the fourth generation industrial revolution.