• Title/Summary/Keyword: Index of entropy

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Technological Synergy Effect of Business Portfolio : Panel Data Analysis on 50 Largest Chaebols in Korea (사업포트폴리오의 기술시너지효과 :50대 재벌의 패널자료분석)

  • 김태유;박경민
    • Proceedings of the Technology Innovation Conference
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    • 1996.12a
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    • pp.265-295
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    • 1996
  • This paper investigates empirically the relationship between various business portfolio properties (particularly technological properties) and chaebol′s performance using data on the 50 largest chaebols in Korea. In addition to the traditional indexes to measure diversification such as entropy index we calculated inter-industry technological similarity using R&D expenditure data by industry and 1990 Input-output Table in Korea, and obtained chaebol-level technological relatedness and internal transaction proportion from chaebols′business profile, inter-industry technological similarity and 1990 input-output table. We applied factor analysis on 13 business portfolio property indexes and showed that they could be grouped into 3 dimensions, diversification scope, inter-business relatedness and degree of vertical integration. In this paper, using 50 largest chaebols′financial data (1989-1994), we analyzed empirically the effect of business portfolio properties on ROS (Return On Sales) which is conventional index for firm performance and on TFP(Total Factor Productivity) growth which is a pure measure of firm performance. To utilize the advantage of panel data, FEM(Fixed Effect Model) and REM(Random Effect Model) were used. The empirical result shows that the entropy index as a measurement of inter-business relatedness is not significant but technological relatedness index is significant. OLS estimates on pooled data were considerably different from FEM or REM estimates on panel data. By introducing interaction effect among the three variables for business portfolio properties, we obtained three findings. First, only VI (Vertical integration) has a significant positive correlation with ROS. Second, when using TFP growth as an dependent variable, both TR(Technological Relatedness) and f[ are significant and positively related to the deepened variable. Third, the interaction term between TR and VI is significant and negatively affects TFP growth, meaning that TR and VI are substitutes. These results suggest strategic directions on restructuring business portfolio. As VI is increased, chaebols will get more profit. A higher level of either TR or W will increase TFP growth rate. but increase in both TR and VI will have a negative effect on TFP growth. To summarize, certain business portfolio properties such as VI and TR can be considered "resources" themselves since they can affect profit rate and productivity growth. VI and TR have a synergy effect of change in profit rate and productivity growth. VI increases ROS and productivity growth, while TR increases productivity growth representing a technological synergy effect.

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Effect and uncertainty analysis according to input components and their applicable probability distributions of the Modified Surface Water Supply Index (Modified Surface Water Supply Index의 입력인자와 적용 확률분포에 따른 영향과 불확실성 분석)

  • Jang, Suk Hwan;Lee, Jae-Kyoung;Oh, Ji Hwan;Jo, Joon Won
    • Journal of Korea Water Resources Association
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    • v.50 no.7
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    • pp.475-488
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    • 2017
  • To simulate accurate drought, a drought index is needed to reflect the hydrometeorological phenomenon. Several studies have been conducted in Korea using the Modified Surface Water Supply Index (MSWSI) to simulate hydrological drought. This study analyzed the limitations of MSWSI and quantified the uncertainties of MSWSI. The influence of hydrometeorological components selected as the MSWSI components was analyzed. Although the previous MSWSI dealt with only one observation for each input component such as streamflow, ground water level, precipitation, and dam inflow, this study included dam storage level and dam release as suitable characteristics of the sub-basins, and used the areal-average precipitation obtained from several observations. From the MSWSI simulations of 2001 and 2006 drought events, MSWSI of this study successfully simulated drought because MSWSI of this study followed the trend of observing the hydrometeorological data and then the accuracy of the drought simulation results was affected by the selection of the input component on the MSWSI. The influence of the selection of the probability distributions to input components on the MSWSI was analyzed, including various criteria: the Gumbel and Generalized Extreme Value (GEV) distributions for precipitation data; normal and Gumbel distributions for streamflow data; 2-parameter log-normal and Gumbel distributions for dam inflow, storage level, and release discharge data; and 3-parameter log-normal distribution for groundwater. Then, the maximum 36 MSWSIs were calculated for each sub-basin, and the ranges of MSWSI differed significantly according to the selection of probability distributions. Therefore, it was confirmed that the MSWSI results may differ depending on the probability distribution. The uncertainty occurred due to the selection of MSWSI input components and the probability distributions were quantified using the maximum entropy. The uncertainty thus increased as the number of input components increased and the uncertainty of MSWSI also increased with the application of probability distributions of input components during the flood season.

System Reliability Indexes for Water Distribution System (상수관망시스템의 신뢰도 정량화지수 비교연구)

  • Jeong, Gimoon;Wicaksono, Albert;Kang, Doosun
    • Proceedings of the Korea Water Resources Association Conference
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    • 2015.05a
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    • pp.159-159
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    • 2015
  • 상수관망시스템의 신뢰도를 정량화하기 위한 연구가 최근 활발히 진행되고 있다. 대부분의 연구는 절점의 공급가능수요량, 절점의 수두, 그리고 유량과 수두를 동시에 고려한 에너지(energy)를 이용하여 신뢰도 지수를 개발하였다. 이 중, Energy를 기반으로 하는 신뢰도지수로써 Resilience index(Todini, 2000), Network Resilience index(Prasad, 2004), Modified Resilience index(Jayaram, 2008)와 Entropy Resilience index(Raad, 2010) 등의 연구가 대표적이다. 상수관망시스템에 정상적인 상황을 넘어서는 부담이 가해졌을 때, 이를 완충하거나, 정상적인 용수공급 상황으로 빠르게 회복하는 능력인 복원력(Resilience)을 판단하기 위한 지표로써 제시된 Todini의 Resilience index를 기점으로, 상수관망의 신뢰도(Reliability)을 Energy 측면에서 판단할 수 있는 관련 지표에 대한 연구가 진행되어왔다. 특히, 상수관망의 최적설계 시, 상수관망의 기능적 요소로써 관련 지표들을 비용(Cost)과 함께 다중목적함수로 고려하는 연구까지 다수 진행되고 있으나, 이러한 지표들이 상수관망에서 핵심적인 몇 가지 요소들의 변화에 대하여 어떻게 반응하는지에 대한 분석은 제대로 이루어지지 않고 있다. 본 연구에서는 동일한 상수관망시스템에서 용수의 흐름상황을 크게 좌우할 수 있을 것으로 판단되는 몇 가지 변동상황을 고려하여 이러한 지표들이 각각의 변동상황에 어느정도 민감하게 반영하는지 분석하였다. 여기서, 상수관망시스템의 중요 변화요소로써 1) 수요량의 변화, 2) Loop 개수의 변화, 3) 수원지(Source) 개수의 변화, 4) 해당시스템의 최소 요구수압 변화 등을 고려하였다. 본 연구를 통해, 상수관망시스템의 신뢰도 산정에 활용되고 있는 기존의 지수들이 다양한 변동 상황을 얼마나 잘 반영할 수 있는지를 파악하고, 기존의 지수들을 보완한 개선된 신뢰도 지수의 개발가능성을 모색하도록 한다.

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Predicting the Potential Habitat and Risk Assessment of Amaranthus patulus using MaxEnt (Maxent를 활용한 가는털비름(Amaranthus patulus)의 잠재서식지 예측 및 위험도 평가)

  • Lee, Yong Ho;Na, Chea Sun;Hong, Sun Hea;Sohn, Soo In;Kim, Chang Suk;Lee, In Yong;Oh, Young Ju
    • Korean Journal of Environmental Biology
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    • v.36 no.4
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    • pp.672-679
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    • 2018
  • This study was conducted to predict the potential distribution and risk of invasive alien plant, Amaranthus patulus, in an agricultural area of South Korea. We collected 254 presence localities of A. patulus using field survey and literature search and stimulated the potential distribution area of A. patulus using maximum entropy modeling (MaxEnt) with six climatic variables. Two different kinds of agricultural risk index, raster risk index and regional risk index, were estimated. The 'raster risk index' was calculated by multiplying the potential distribution by the field area in $1{\times}1km$ and 'regional risk index' was calculated by multiplying the potential distribution by field area proportion in the total field of South Korea. The predicted potential distribution of A. patulus was almost matched with actual presence data. The annual mean temperature had the highest contribution for distribution modeling of A. patulus. Area under curve (AUC) value of the model was 0.711. The highest regions were Gwangju for potential distribution, Jeju for 'raster risk index' and Gyeongbuk for 'regional risk index'. This different ranks among the index showed the importance about the development of various risk index for evaluating invasive plant risk.

Tonality Design for Sound Quality Evaluation in Printer (프린터 음질평가를 위한 순음도 설계)

  • Kim, Eui-Youl;Lee, Young-Jun;Lee, Sang-Kwon
    • Transactions of the Korean Society for Noise and Vibration Engineering
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    • v.22 no.4
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    • pp.318-327
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    • 2012
  • The operating sound radiated from a laser printer includes tonal noise components caused by the rotating mechanical parts such as gear, shaft, motor, fan, etc. The negative effects of the tonal noise components need to be considered in the process of developing a sound quality index for the quantitative evaluation of the emotional satisfaction in terms of psycho-acoustics. However, in a previous paper, it was confirmed that the Aures tonality did not have enough correlation with the results of jury evaluation. The sound quality index based on loudness, articulation index, fluctuation strength has a little problem in considering the effects of rotating mechanical parts on the sound quality. In this paper, to solve the tonality evaluation problem, the calculation algorithm of Aures tonality was investigated in detail to find the cause of decreasing the correlation. The new tonality evaluation model was proposed by modifying and optimizing the masking effect, loudness ratio, and shape of weighting curve based on the basic algorithm of Aures tonality, and applied to two kinds of operating sound groups in order to verify the usefulness of proposed model. As a result, it is confirmed that the proposed tonality evaluation model has enough correlation and usefulness for expressing the tonalness in the operating sounds of laser printers. In the following paper, this results will be used to model the sound quality index as the input data by using the classification algorithm.

Development of a Novel Integrated Evaluation Index for Freeway Traffic Data (고속도로 교통자료 품질 통합평가지표 개발)

  • PARK, Hyunjin;YOON, Mijung;KIM, Hae;OH, Cheol
    • Journal of Korean Society of Transportation
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    • v.33 no.4
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    • pp.417-429
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    • 2015
  • Evaluation of traffic data quality is a backbone of better traffic information and management systems because it directly affects the reliability of traffic information. This study developed an integrated index for evaluating the quality of archived intelligent transportation systems (ITS) data. Two novel indices including spatio-temporal consistency and severity of missing data were devised and integrated with existing indices such as availability and completeness. An evaluation framework was proposed based on the developed integrated index. Both analytical hierarchical analysis (AHP) technique and entropy method were adopted to derive mixed weighting values to be used for the integrated index. It is expected that the proposed methodology would be effectively used in enhancing the quality of traffic data as a part of traffic information system.

Diversity and Genotypic Structure of ECOR Collection Determined by Repetitive Extragenic Palindromic PCR Genome Fingerprinting

  • HWANG KEUM-OK;JANG HYO-MI;CHO JAE-CHANG
    • Journal of Microbiology and Biotechnology
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    • v.15 no.3
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    • pp.672-677
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    • 2005
  • The standard reference collection of strains for E. coli, the ECOR collection, was analyzed by a genome-based typing method. Seventy-one ECOR strains were subjected to repetitive extragenic palindromic PCR genome fingerprinting with BOX primers (BOX-PCR). Using a similarity value of 0.8 or more after cluster analysis of BOX-PCR fingerprinting patterns to define the same genotypes, we identified 28 genotypes in the ECOR collection. Shannon's entropy-based diversity index was 3.07, and the incident-based coverage estimator indicated potentially 420 genotypes among E. coli populations. Chi-square test of goodness-of-fit showed statistically significant association between the genotypes defined by BOX-PCR fingerprinting and the groups previously defined by multi-locus enzyme electrophoresis. This study suggests that the diversification of E. coli strains in natural populations is actively ongoing, and rep-PCR fingerprinting is a convenient and reliable method to type E. coli strains for the purposes ranging from ecology to quarantine.ine.

Evaluating Shipping Financial Ecological Environment in Qingdao: Implications for Maritime Financial Center Policy of Busan

  • Wang, Chong;Qu, Wendi;Kim, Chi Yeol
    • Journal of Navigation and Port Research
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    • v.45 no.5
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    • pp.252-258
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    • 2021
  • Given the cyclicality, seasonality, and capital-intensiveness, the development of the shipping industry has long been contingent on corporate financing activities. As such, there have been a growing number of cities in East Asia pursuing a global maritime financial center in order to support their domestic shipping industry. However, it is widely accepted that financial services relevant to shipping in East Asia are quite under-developed compared to those of other leading maritime financial centers in Europe and North America. In this regard, this paper aimed to construct an evaluation index of maritime financial centers in terms of financial ecological environment for the purpose of highlighting the current status of development and suggesting future directions. Furthermore, this paper examined the development of shipping finance in Qingdao as a numerical example using the fuzzy comprehensive evaluation and compared results with those of Shanghai.

Exergy analysis on the storage performance of the sensible heat storage unit (현열 축열조의 성능에 관한 엑서지 해석)

  • 김시범;권순석
    • Journal of Ocean Engineering and Technology
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    • v.2 no.1
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    • pp.176-182
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    • 1988
  • The exergy analysis on the heat storage performance of the senible heat storage unit which consists of the heat storage material in the concentric annulus and the hot fluid flowing through the inner tube is performed. Heat transfer characteristics which are necessary for the performance of the exergy analysis is obtained from the energy balance equations and the second law of thermodynamics. As the index of heat storage performance, the exergy lossnumber $N_{s}$, and exergy storage ratio from the concepts of the second law of thermodynamics are defined. Results are ovtained for the grometry of the storage unit, the Biot number Bi, ambient temperature $T_{o}$ as parameters. From these results the exergy storage ratio can be considered as the efficiency of the hat storage unit and is introduced as a guide to design.

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A study on the forecasting biomass according to the changes in fishing intensity in the Korean waters of the East Sea (한국 동해 생태계의 어획강도 변화에 따른 자원량 예측 연구)

  • LIM, Jung-Hyun;SEO, Young-Il;ZHANG, Chang-Ik
    • Journal of the Korean Society of Fisheries and Ocean Technology
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    • v.54 no.3
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    • pp.217-223
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    • 2018
  • Overfishing capacity has become a global issue due to over-exploitation of fisheries resources, which result from excessive fishing intensity since the 1980s. In the case of Korea, the fishing effort has been quantified and used as an quantified index of fishing intensity. Fisheries resources of coastal fisheries in the Korean waters of the East Sea tend to decrease productivity due to deterioration in the quality of ecosystem, which result from the excessive overfishing activities according to the development of fishing gear and engine performance of vessels. In order to manage sustainable and reasonable fisheries resources, it is important to understand the fluctuation of biomass and predict the future biomass. Therefore, in this study, we forecasted biomass in the Korean waters of the East Sea for the next two decades (2017~2036) according to the changes in fishing intensity using four fishing effort scenarios; $f_{current}$, $f_{PY}$, $0.5{\times}f_{current}$ and $1.5{\times}f_{current}$. For forecasting biomass in the Korean waters of the East Sea, parameters such as exploitable carrying capacity (ECC), intrinsic rate of natural increase (r) and catchability (q) estimated by maximum entropy (ME) model was utilized and logistic function was used. In addition, coefficient of variation (CV) by the Jackknife re-sampling method was used for estimation of coefficient of variation about exploitable carrying capacity ($CV_{ECC}$). As a result, future biomass can be fluctuated below the $B_{PY}$ level when the current level of fishing effort in 2016 maintains. The results of this study are expected to be utilized as useful data to suggest direction of establishment of fisheries resources management plan for sustainable use of fisheries resources in the future.