• 기술혁신학회지
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• 제16권1호
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• pp.41-62
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• 2013

중소기업청에서는 중소기업의 연구개발을 촉진하고 혁신형 중소기업을 육성하기 위해, 정책적 부합성을 우선적으로 고려하여 선정된 중점지원분야를 중심으로 연구개발 자금을 지원하고 있다. 이러한 하향식 중점지원분야 선정의 실효성을 파악하기 위해 각 분야별 종사 중소기업의 분포, 과제 지원 중소기업의 분포, 선정 과제 분포 사이의 상관관계를 분석하였다. 그 결과 종사 중소기업 수와 과제 지원 중소기업 수가 각 분야별로 큰 편차를 보였으며, 선정된 중점지원분야가 중소기업의 기술개발 수요를 정확히 반영하지 못하고 있었다. 또한 지원 중소기업의 분포가 종사 중소기업의 분포에 강한 의존성을 보여, 중소기업들은 주로 정책적 방향에 따르기 보다는 현재 종사하고 있는 사업 분야에서 연구개발을 기획하려는 경향이 있음을 알 수 있었다. 아울러 선정과제 분포가 지원 중소기업 분포에 강한 상관관계를 보여, 중점지원분야들이 전략적으로 고르게 육성되기 보다는 단순히 지원업체의 분포에 따라 지원자금이 배분되고 있는 것을 알 수 있었다. 본 연구에서는 하향식 중점지원분야 선정의 한계를 보완하기 위해, 중소기업의 기술개발 니즈를 우선 반영하는 상향식 중점지원분야 선정 방안을 제안하였다. 상향식 선정 방식에서는 기술개발 수요, 기술개발 역량, 기술성 및 시장성, 정책적 중요도의 순서로 고려되는 것이 바람직하며, 이는 다양한 사업 기획에 더욱 유연하게 활용될 수 있을 것으로 기대된다.

• International Journal of Computer Science & Network Security
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• 제23권11호
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• pp.128-132
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• 2023

Investment authorities are broad financial institutions that carefully manage investments on behalf of the national government using a long-term value development approach. To provide a stronger structure or framework for In-vestment Authorities to govern the distribution of funds to public and private markets, we've started research to create a blockchain-based prototype for managing and tracking numerous finances of such authorities. We have taken the case study of Oman Investment Authority (OIA) of Sultanate of Oman. Oman's wealth is held in OIA. It is an organization that oversees and utilizes the additional capital generated by oil and gas profits in public and private markets. Unlike other Omani funds, this one focus primarily on assets outside the Sultanate. The operation of the OIA entails a huge number of transactions, necessitating a high level of transparency and administration among the parties involved. Currently, OIA relies on various manuals to achieve its goals, such as the Authorities and Responsibilities manual, the In-vestment Manual, and the Code of Business Conduct, among others. In this paper, we propose a Blockchain based framework to manage the operations of OIA. Blockchain is a part of the Fourth Industrial Revolution, and it is re-shaping every industry. The main components of every blockchain are assets and participants. The funds are the major assets in the proposed study, and the participants are the various fund shareholders/recipients. The block-chain's transactions are all safe, secure, and immutable, and it's part of a trustless network. The transactions are simple to follow and verify. By replacing intermediary firms with smart contracts, blockchain-based solutions eliminate any middlemen in the fund allocation process.

• The Journal of Asian Finance, Economics and Business
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• 제9권3호
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• pp.355-364
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• 2022

The effect of technological innovation on the high-quality development of the producer services industry depends on whether or not technical innovation efficiency plays a key role. This study looks at the impact of technological innovation and financial technology (fintech) on the development of high-quality producer services in Fujian Province from 2010 to 2019. The efficiency of technological innovation is measured using Data Envelopment Analysis (DEA) and the Malmquist productivity index. The mean overall innovation efficiency score is 0.639, meaning that Fujian accounts for 36.1% of resource utilization inefficiencies and that there are significant differences in technological innovation efficiency between cities. The findings show that high-quality producer services industries benefited from innovation efficiency, but that the influence of technological innovation efficiency is insignificant. This demonstrates that financial innovation has not been able to completely enhance the development level of the producer services industry. This may be due to the unreasonable output structure of technological innovation and the low industrial transformation rate of technological achievements. This study advocates that the R&D fund allocation structure be optimized. That technological innovation can improve the high-quality development of the producer services industry is a consensus within the academic community.

• The Journal of Asian Finance, Economics and Business
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• 제5권2호
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• pp.15-24
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• 2018

The study examines the magnitude of economic spillover and the impact of foreign direct investment (FDI) inflows on the efficiency of the bank industry in China. This study employs unit root tests, cointegration tests and cointegrating regression analysis, including fully modified ordinary least squares (FMOLS), canonical cointegrating regression (CCR) and dynamic OLS (DOLS) to test the proposed hypotheses. The sample is restricted to the period of time in which monthly data is available and comparable among variables for the period from January 2002 to October 2013 (142 observations). All of the time series data was collected and retrieved from the People's Bank of China, China Monthly Statistics from the National Bureau of Statistics of China, and International Financial Statistics database from International Monetary Fund. The results of the Johansen cointegration test suggest that there is a long-run equilibrium relationship between FDI inflows, foreign exchange rate and banks performance in China. The results of cointegrating regression analysis using FMOLS, CCR and DOLS suggest that M2 supply and FDI inflows are significant at the 0.01 level. The results confirm that FDI inflows in the banking sector are positively related to the increase of banks productivity and performance and short-term loans in China. However, the results suggest that Chinese Yuan currency exchange rate to U.S. dollar is not significant in the banking and financial industry of China.

• 디지털융복합연구
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• 제18권10호
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• pp.147-162
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• 2020

본 연구의 목적은 정책자금 지원에 대한 효율성 분석을 통하여 국책은행에서 정책자금 지원의 실무적인 개선안을 제시하고자 한다. 국책은행에서 '17년과 '18년에 연속해서 정책자금을 지원받은 중소기업을 대상으로 지원현황에 대한 특성 분석과 재무적 성과의 효율성 분석을 위해 대응표본 T-test를 수행하였다. 분석결과는 다음과 같다. 첫째, 중소기업의 특성 분석결과 외부에서 조성된 재정자금이 대부분이고, 업종별로는 제조업에 집중되었다. 지역별로는 경기 서부지역에, 신용등급별로는 A등급 구간이 가장 많았다. 기술등급은 T5 등급에, 자금 용도는 시설자금에 대부분 지원되었다. 둘째, 효율성 분석결과 수익성은 총자산순이익률, 안정성은 이자보상비율, 활동성은 총자본회전율에 긍정적인 영향을 미쳤다. 그러나 성장성에는 긍정적인 영향을 미치지 못하였다. 결론적으로 중소기업의 수요에 적합한 자금 배분과 성장성에 영향을 미칠 수 있도록 정책자금을 지원하는 실무적인 개선안을 제공할 것으로 기대된다.

• 경영과학
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• 제24권2호
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• pp.115-126
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• 2007

Weekly minima of daily log returns of Korean composite stock price index 200 and its five industry-based business divisions over the period from January 1990 to December 2005 are fitted using two block-based extreme distributions: Generalized Extreme Value(GEV) and Generalized Logistic(GLO). Parameters are estimated using the probability weighted moments. Applicability of two distributions is investigated using the Monte Carlo simulation based empirical p-values of Anderson Darling test. Our empirical results indicate that both the GLO and GEV models seem to be comparably applicable to the weekly minima. These findings are against the evidences in Gettinby et al.[7], who claimed that the GEV model was not valid in many cases, and supported the significant superiority of the GLO model.

• 한국건설관리학회논문집
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• 제4권3호
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• pp.76-84
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• 2003

현대 건설 산업의 경쟁적인 사업 환경으로 인해 건설기업의 도산 가능성은 더욱 높아졌다. 이에 따라 성장위주의 경영에서 가치 중시 또는 수익 중심의 질적인 경영 환경으로의 전환이 요구된다. 현재 건설기업의 자본 조달은 대부분 금융기관을 통해 이루어지고 있다. 기업 규모의 성장에 따라 증권시장을 통한 자금조달의 형식을 갖추고 있지만, 기업 공개를 통한 정당한 수익성 배분이 이루어지지 못하고 있다. 특히 건설기업들은 기업 투명성에 대한 의식의 결여로 투자자들의 신뢰를 잃었고, 그로 인해 다시 주식시장을 통한 자금 조달에 실효성을 갖지 못하는 악순환이 계속되고 있다. 본 연구에서는 건설기업의 경영실태 파악을 위해 주식가격과 기업의 재무적 요인간의 상관성을 분석하였다. 이를 통해 상장건설기업의 주식가격과 기업경영성과 사이의 상관관계를 알아보고자 하였다. 또한 증권시장을 통한 기업 필요자본 조달의 필요성에 대하여 언급하고자 하였다.

• 트랜스-
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• 제1권
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• pp.141-166
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• 2016

프랑스는 공공 자금의 비중이 큰 독특한 영화제작 방식을 가지고 있다. 그 배경에는 가장 완벽하다고 인정받는 영화지원제도가 자리하고 있다. 다른 어떤 나라보다 영화산업의 질서가 형성되어 있다. 본고는 기획부터 영화 상영까지 프랑스영화 제작단계를 따라간다. 프랑스영화의 제작 규모, 제작 승인에서 캐스팅, 예산의 결정과 주요 투자 주제, 영화 스태프의 임금과 이를 규정하는 단체협약, 개봉, 해외 판매 그리고 수익 배분을 살펴본다. 본 연구는 프랑스영화산업, 특히 제작 분야에 대한 전반적인 이해를 도모한다. 이를 위해 바네사 파라디와 로망 뒤리스가 주연한 로맨틱 코미디, <하트브레이커(L'Arnacœur)>(2010)를 사례 연구로 삼았다. 본 연구는 프랑스영화산업 시스템의 구동 구조를 들여다본다. 이는 한국영화산업 앞에 놓여 있는 여러 문제점들, 스크린 독과점, 대기업 수직계열화, 부실한 2차 시장, 낮은 수익률에 대한 해법을 찾는데 도움이 될 것이다.

• 유통과학연구
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• 제13권11호
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• pp.39-46
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• 2015

Purpose - In Korea, there has been a recent trend that shows housing prices have risen rapidly following the International Monetary Fund crisis. The rapid rise in housing prices is spreading recognition of this as a factor in housing price volatility. In addition, this raises the expectations of housing prices in the future. These expectations are based on the assumption that a relationship exists between the current housing prices and expected housing prices in the real estate industry. By performing an empirical analysis on the validity of the claim that an increase in current housing prices can be correlated with expected housing prices, this study examines whether a long-term equilibrium relationship exists between expected housing prices and existing housing prices. If such a relationship exists, the recovery of equilibrium from disequilibrium is analyzed to derive related implications. Research design, data, and methodology - The relationship between current housing prices and expected housing prices was analyzed empirically using the Vector Error Correction Model. This model was applied to the co-integration test, the long-term equilibrium equation among variables, and the causality test. The housing prices used in the analysis were based on the National Housing Price Trend Survey released by Kookmin Bank. Additionally, the Index of Industrial Product and the Consumer Price Index were also used and were obtained from the Bank of Korea ECOS. The monthly data analyzed were from January 1987 to May 2015. Results - First, a long-term equilibrium relationship was established as one co-integration between current housing price distribution and expected housing prices. Second, the sign of the long-term equilibrium relationship variable was consistent with the theoretical sign, with the elasticity of housing price distribution to expected housing price, the industrial production, and the consumer price volatility revealed as 1.600, 0.104,and 0.092, respectively. This implies that the long-term effect of expected housing price volatility on housing price distribution is more significant than that of the industrial production and consumer price volatility. Third, the sign of the coefficient of the error correction term coincided with the theoretical sign. The absolute value of the coefficient of the correction term in the industrial production equation was 0.006, significantly larger than the coefficients for the expected housing price and the consumer price equation. In case of divergence from the long-term equilibrium relationship, the state of equilibrium will be restored through changes in the interest rate. Fourth, housing-price volatility was found to be causal to expected housing price, and was shown to be bi-directionally causal to industrial production. Conclusions - Based on the finding of this study, it is required to relieve the association between current housing price distribution and expected housing price by using property taxes and the loan-to-value policy to stabilize the housing market. Further, the relationship between housing price distribution and expected housing price can be examined and tested using a sophisticated methodology and policy variables.

• KIEAE Journal
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• 제11권3호
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• pp.57-62
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• 2011

Asbestos have been used around the world because of reliable and cost-effective physicochemical characteristics. After incubation period about 15-40 years asbestos can cause various cancers, including malignant mesothelioma when inhaled into the air. These properties turned out, asbestos have been banned from using in developed countries. Also in Korea also, the use of asbestos was banned across the board by revision of Industry Safety and Health Act in February 2009. Therefore, the problem of asbestos is not when using. It is about dismantling, maintenance, and the final processing of asbestos waste. Asbestos Cement slates which is Widely distributed throughout the country as roofing materials has much scattering potential compare with inside materials. Also Ministry of Environment is planning to introduce legislation 'Asbestos Safety Management Act' through Environment Announcement and The same Act. 24 show as follows. Minister of Environment or governor should do survey on the actual condition targeting rural buildings with slates and partly or fully fund to dissolve, remove asbestos slate which was used in each buildings. Therefore, to solve these problems, database-building and necessity of management strategies have been continually arisen. So this study was performed. Its application value is very high in terms of its political, economic. Asbestos Cement Slates database could build to collect national registered building data and then using GIS, asbestos cement Slates distribution map were constructed in each province's cities and counties of the country. And this map by Application, construction was to visualize by application, construction of year. Through these results, information of Asbestos Cement Slates could visually inform to policy makers, asbestos dismantling and management contractor, and civilian and it would alleviate the gap of knowledge information. This is expected to be utilized by medium and long-term and effective plan for demolition and dismantling of asbestos cement Slates.