• Title/Summary/Keyword: Governance Management

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Overcoming the Local Industrial Complex Crisis in the Era of Digital Transformation (디지털전환 시대 지방산업단지 위기 극복방안)

  • Seung-Hee Lee
    • Journal of Digital Convergence
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    • v.21 no.1
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    • pp.15-18
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    • 2023
  • The purpose of this study is to suggest ways to overcome the crisis of regional industrial complexes by examining the changes that the digital transformation era will bring and the crisis situation of regional industrial complexes. To this end, first, we examine the changes brought about by the digital transformation era from various angles in the fields of industrial sites, industrial complexes, policy areas, and changes in working methods, and identify the problems and crises of local industrial complexes from various aspects. According to the problems and crises of these existing local industrial complexes, plans and various policy tasks were presented for local industrial complexes to overcome the crisis using digital technology. As a result of this study, important policy directions and alternatives for overcoming the crisis of local industrial complexes in stagnation are presented at the government level, and plans for strengthening self-sustainability to overcome the crisis at the corporate level and digital transformation for future local industrial complexes It was possible to look at the direction and tasks of the project from various aspects.

Defining a Smart Water City and Investigating Global Standards

  • Lee, Jung Hwan;Jang, Su Hyung;Lee, Yu Jin
    • Proceedings of the Korea Water Resources Association Conference
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    • 2022.05a
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    • pp.505-505
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    • 2022
  • This study shows the first output of the three-year project (2021-2023) to develop a Smart Water City (SWC) Global Standard and Certification Scheme ley by K-water, International Water Resources Association (IWRA) and Asia Water Council (AWC). There are three major parts in the first year. In Part 1, it investigates the essential features of cities today and details the water challenges currently faced and likely to be confronted in the future. It also investigates the functions that water fulfills in the urban environment, and how ICTs can contribute to improving those functions by each Urban Water Cycle. A definition of a Smart Water City is proposed following a discussion on the meaning of "smart development". This part of the report also presents different city cases from countries around the world to illustrate the urban water challenges and the technological and non-technological solutions that cities have put in place, including national and/or local policies and strategies. In Part 2, it defines what global standards indicators and certification schemes are and identifies their characteristics. Especially, it analyses in detail eight relevant standards and certification schemes measuring sustainable development and/or water resources management in urban settings. Standards elaborated by international organizations are distinguished from those developed by the private sector, non-governmental organizations, and by academia. Finally, this study suggests the right direction to develop SWC global standard frameworks and certification schemes. And then, it shows the main tasks for the Stage 2 (second year) project. Basically, the framework for a future SWC standard (consisting three main pillars: Technical, Governance and Prospective pillars) will be fully defined in Stage 2.

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The Impact of Digital Transformation on Business Financialization: Mediating Effect of Green Technology Innovation (디지털 혁신이 기업 재무활동에 미치는 영향: 녹색기술혁신의 매개효과)

  • Kyung-Iihl Kim
    • Advanced Industrial SCIence
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    • v.2 no.4
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    • pp.17-27
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    • 2023
  • The purpose of this study is to improve the efficiency of digital conversion by presenting factors that domestic small and medium-sized manufacturers should consider when attempting digital conversion. Using SME data from 2019 to 2021, we analyze the impact of digital transformation on the financialization of enterprises and which digital technologies affect financialization, and further analyze the mediating effect of green technology innovation between digital transformation and business finance. did The results of the study support the negative impact of digital technologies on corporate finance, and cloud computing technologies have been found to significantly inhibit the level of corporate finance. In addition, it was found that green technology innovation plays a mediating role in suppressing corporate financialization by promoting green technology innovation through digital transformation. Digital transformation influences corporate decision-making through green technology innovation, suggesting that the combination of digital technology and green projects should be considered.

Information System for Architectural Rock & Aggregate in Major Countries and It's Implication (석재·골재 자원정보관리의 해외 사례와 시사점)

  • Deahyung Kim;Yujeong Kim;Yong-Kun Choi
    • Economic and Environmental Geology
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    • v.57 no.2
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    • pp.119-128
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    • 2024
  • In Australia & Canada, architectural rock and aggregate are one of the mineral resources, and related data and information provided integrated with them. In these countries, the provided data and information, through the information system of local government and national geological survey organizations, are interactive maps, geological and thematic maps, exploration data set, 3 dimension geological models, minning rights status, survey reports and related papers etc. However, in case of Korea, aggregate and architectural rock are not assigned as the kind of mineral resources in accordance to domestic mining law, and related geological data and information are not provided from comprehensive mineral information system established in public geoscience organizations. And the administrative and informative management are conducted separately through the different governmental organizations such as Ministry of construction, Korea forest service, geoscience institute & Korea Mine & Reclamation Corporation. For securing the supply of architectural rock and aggregate resources, and for the convenience of their development & utilization, the unified information system and governance reform for the related industry is needed.

Examining Public Responses to Transgressions of CEOs on YouTube: Social and Semantic Network Analysis

  • Jin-A Choi;Sejung Park
    • Journal of Contemporary Eastern Asia
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    • v.23 no.1
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    • pp.18-34
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    • 2024
  • In what was labeled the "nut rage" incident, the vice president of Korean Air, Hyun-Ah Cho (Heather Cho), demonstrated behavior that exemplifies corporate transgression and deviation from societal moral standards toward a flight attendant aboard a flight. Such behavior instigated the public to express negative sentiment on various social media platforms. This study investigates word-of-mouth network on YouTube in response to the crisis, patterns of co-commenting activities across selected YouTube videos, as well as public responses to the incident by employing social and semantic network analysis. A total of 512 YouTube videos featuring the crisis from December 8, 2014 through November 11, 2018, and 52,772 public comments to the videos were collected. The central videos in the network successfully attracted the public's attention and engagements. The results suggest that the video network was decentralized, with multiple videos acting as hubs in the network. The public commented on various videos instead of focusing on a few. The contents of influential videos uploaded by popular news organizations revealed not only Cho's behaviors related to the nut rage crisis but also unrelated illegal behaviors and the moral violations committed by the family members of Korean Air. The public attached derogatory remarks to Cho and her family, and the comments also addressed ethical concerns, management issues of the company, and boycott intentions. The results imply that adverse public reaction was related to the long-standing problem caused by family ownership and governance in large Korean corporations. This Korean Air scandal illustrates backlash toward a leadership breakdown by the family business conglomerate prevalent in the Korean society. This study provides insights for effective handling of similar crises.

A study on the current status of defense AI in major foreign countries (해외 주요국의 국방AI 현황 연구)

  • Lee Ji-Eun;Jisun Lee;Ryu chong soo
    • Journal of The Korean Institute of Defense Technology
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    • v.5 no.1
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    • pp.19-24
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    • 2023
  • The future battlefield is expected to be very different from what it is today because of the development of new technologies. In particular, it becomes difficult to predict the war's outcome as AI and robots, whose performance is improved, participate in the battlefield. Accordingly, major countries including the US and China regard AI as the key technology and game changer that changing national competitiveness and future wars. Therefore, they are concentrating their efforts at the national level to occupy advance related technologies and to develop AI weapon systems. For this reason, countries are preparing strategies and policies to defense AI, and are actively expanding infrastructure, such as establishing organizations. In Korea, Defense AI is also being promoted. But, it suffers from a lack of governance that manages and controls integrally. Nevertheless, a significant consensus is forming on the necessity of establishing a defense AI center. In this study, we analyzed the status of defense AI promotion in major foreign countries such as the US, UK, and Australia, and suggested some implications for the establishment of defense AI policies.

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Development of a Ranking System for Tourist Destination Using BERT-based Semantic Search (BERT 기반 의미론적 검색을 활용한 관광지 순위 시스템 개발)

  • KangWoo Lee;MyeongSeon Kim;Soon Goo Hong;SuGyeong Roh
    • Journal of Korea Society of Industrial Information Systems
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    • v.29 no.4
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    • pp.91-103
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    • 2024
  • A tourist destination ranking system was designed that employs a semantic search to extract information with reasonable accuracy. To this end the process involves collecting data, preprocessing text reviews of tourist spots, and embedding the corpus and queries with SBERT. We calculate the similarity between data points, filter out those below a specified threshold, and then rank the remaining tourist destinations using a count-based algorithm to align them semantically with the query. To assess the efficacy of the ranking algorithm experiments were conducted with four queries. Furthermore, 58,175 sentences were directly labeled to ascertain their semantic relevance to the third query, 'crowdedness'. Notably, human-labeled data for crowdedness showed similar results. Despite challenges including optimizing thresholds and imbalanced data, this study shows that a semantic search is a powerful method for understanding user intent and recommending tourist destinations with less time and costs.

Climate change messages in the fashion industry discussed at COP28

  • Yeong-Hyeon Choi;Sangyung Lee
    • The Research Journal of the Costume Culture
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    • v.32 no.4
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    • pp.517-546
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    • 2024
  • The aim of this study is to investigate the fashion industry's response to climate change and how these discussions unfolded at the 28th Conference of the Parties (COP28) to the United Nations Framework Convention on Climate Change (UNFCCC). Climate change response projects by B Corp-certified fashion companies are examined, focusing on stakeholder efforts and reviewing online media reports. Text data were collected from web documents, interviews, and op-eds relating to COP28 from December 2018 to April 2024 and analyzed using text mining and semantic network analysis to identify critical keywords and contexts. The analysis revealed that the fashion industry is fulfilling its environmental responsibilities through various strategies, prompting changes in consumer behavior by advocating sustainable consumption, including carbon removal, energy transition, and recycling promotion. Stakeholders in online media and those present at COP28 discussed issues relating to climate change in the fashion industry, focusing on environmental protection, energy, greenhouse gas emissions, sustainable material usage, and social responsibility. Key issues at COP28 included policy and regulation, climate change response, energy transition, carbon emissions management, and environmental, social, and governance (ESG) standards. Additionally, by examining the main collections exhibited at the fashion show during COP28, the study analyzed how messages about climate change were conveyed. Fashion companies communicated the industry's response through exhibitions and fashion shows, suggesting a move toward balancing environmental protection and economic growth through the development of sustainable materials, the expansion of recycling and reuse practices, and the modern reinterpretation of cultural heritage.

Development of an Automated ESG Document Review System using Ensemble-Based OCR and RAG Technologies

  • Eun-Sil Choi
    • Journal of the Korea Society of Computer and Information
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    • v.29 no.9
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    • pp.25-37
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    • 2024
  • This study proposes a novel automation system that integrates Optical Character Recognition (OCR) and Retrieval-Augmented Generation (RAG) technologies to enhance the efficiency of the ESG (Environmental, Social, and Governance) document review process. The proposed system improves text recognition accuracy by applying an ensemble model-based image preprocessing algorithm and hybrid information extraction models in the OCR process. Additionally, the RAG pipeline optimizes information retrieval and answer generation reliability through the implementation of layout analysis algorithms, re-ranking algorithms, and ensemble retrievers. The system's performance was evaluated using certificate images from online portals and corporate internal regulations obtained from various sources, such as the company's websites. The results demonstrated an accuracy of 93.8% for certification reviews and 92.2% for company regulations reviews, indicating that the proposed system effectively supports human evaluators in the ESG assessment process.

Framework of Stock Market Platform for Fine Wine Investment Using Consortium Blockchain (공유경제 체제로서 컨소시엄 블록체인을 활용한 와인투자 주식플랫폼 프레임워크)

  • Chung, Yunkyeong;Ha, Yeyoung;Lee, Hyein;Yang, Hee-Dong
    • Knowledge Management Research
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    • v.21 no.3
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    • pp.45-65
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    • 2020
  • It is desirable to invest in wine that increases its value, but wine investment itself is unfamiliar in Korea. Also, the process itself is unreasonable, and information is often forged, because pricing in the wine market is done by a small number of people. With the right solution, however, the wine market can be a desirable investment destination in that the longer one invests, the higher one can expect. Also, it is expected that the domestic wine consumption market will expand through the steady increase in domestic wine imports. This study presents the consortium block chain framework for revitalizing the wine market and enhancing transparency as the "right solution" of the nation's wine investment market. Blockchain governance can compensate for the shortcomings of the wine market because it guarantees desirable decision-making rights and accountability. Because the data stored in the block chain can be checked by consumers, it reduces the likelihood of counterfeit wine appearing and complements the process of unreasonably priced. In addition, digitization of assets resolves low cash liquidity and saves money and time throughout the supply chain through smart contracts, lowering entry barriers to wine investment. In particular, if the governance of the block chain is composed of 'chateau-distributor-investor' through consortium blockchains, it can create a desirable wine market. The production process is stored in the block chain to secure production costs, set a reasonable launch price, and efficiently operate the distribution system by storing the distribution process in the block chain, and forecast the amount of orders for futures trading. Finally, investors make rational decisions by viewing all of these data. The study presented a new perspective on alternative investment in that ownership can be treated like a share. We also look forward to the simplification of food import procedures and the formation of trust within the wine industry by presenting a framework for wine-owned sales. In future studies, we would like to expand the framework to study the areas to be applied.