• 제목/요약/키워드: Internal Sources and External sources

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Development of Open Roadmap for Open Innovation: A Case of P&G (개방형 혁신을 위한 개방형 로드맵의 개발 : P&G 사례연구)

  • Jeon, Jeong-Hwan;Suh, Yong-Yoon;Kim, Moon-Soo
    • Journal of Korea Technology Innovation Society
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    • 제15권1호
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    • pp.1-27
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    • 2012
  • Under the open innovation paradigm, it is needed to establish an appropriate strategic planning tool which can take both internal and external resources and capabilities into account. In response, this paper suggests the open roadmap to systematically and usefully implement open innovation. The open roadmap deals with both inbound and outbound open innovation activities. Moreover, in the inbound and outbound open innovation, six types of the open roadmap are proposed in terms of sources of innovation. The proposed open roadmap is applied to a case of open innovation in the P&G corporation for examining its usefulness and validation. It is expected that the open roadmap provides fruitful information when open innovation is done.

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Seasonal occurrence of mushroom fly infestation and analysis of the effects of preemptive pest control technology: A case study in button mushroom farms in Buyeo County (부여지역 양송이농가 버섯파리 발생소장 및 사전방제기술 적용효과)

  • Hye-Sung Park;Seong-Yeon Jo;Tai Moon Ha
    • Journal of Mushroom
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    • 제21권4호
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    • pp.266-269
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    • 2023
  • This study aimed to address the increasing demand for technologies preventing mushroom fly damage. By monitoring the annual occurrence patterns of pests over several years and accumulating data, we conducted an analysis to evaluate the efficacy of preventive measures applied before the surge in mushroom fly infestation, typically observed in May. For preemptive control, physical measures involved installing air curtains at cultivation facility entrances and placing sticky traps and insect traps around entry points to block external entry and reduce internal insect density. Additionally, we applied an organic agricultural material, Dalmatian chrysanthemum extract, weekly alongside chemical control measures. To assess the reduction in mushroom fly populations, yellow sticky traps (15×25 cm) were placed at three locations within the mushroom cultivation facility, and the occurrence patterns before and after implementing preventive measures were compared. Compared to conventional practices, the application of preventive techniques resulted in a significant reduction, with a 60% decrease from 15 levels of mushroom flies/m2 to 6 levels of mushroom flies/m2 in May and a 40% decrease from 10 levels of mushroom flies/m2 to 6 levels of mushroom flies/m2 in June. While achieving over 50% efficacy during the peak mushroom fly season with preventive measures, we identified complementary actions such as blocking external sources (gaps in cultivation facility doors) and maintaining cleanliness around cultivation facilities (proper disposal of spent substrate) for further improvement. Comprehensive analysis and safety studies, including correlation analysis with contaminants and pathogens, are recommended to ensure the widespread adoption of mushroom fly preventive techniques for safe and stable mushroom production in the agricultural sector.

The Auditors' Responses to Management's Overconfident Tone Depending on the Level of Earnings Management (경영자의 자기과신적 어조 및 이익조정에 대한 감사인의 반응)

  • Hee-Yeon Sunwoo;Hyejeong Shin
    • Journal of East Asia Management
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    • 제4권1호
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    • pp.23-51
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    • 2023
  • We investigate whether the association between management overconfident tone and the level of audit effort measured by audit fees and hours differs depending on the level of earnings management. Prior studies suggest that firms led by overconfident managers are likely to initiate risky investments, report low quality financial statements, and have material weaknesses in internal control system. These characteristics, combined together, result in higher audit risk. At the same time, auditors assess audit risk based on the quality of financial reporting, measured by level of earnings management. As a result, the assess audit risk is likely to reflect the combined effect of management overconfidence and the level of earnings management. In this paper, we investigate whether auditors differentiate the effects of real earnings management (REM) and accrual-based earnings management (AEM) when they assess the audit risk related management overconfident. Using the CEO's letter published in 2018, we measure the CEO's tone representing the degree of overconfidence (i.e., activity). Based on this measure, we find that the positive association between managerial overconfident tone and audit effort is more pronounced as the level of REM is higher. However, we find that the baseline association does not vary depending on the level of AEM. These results suggest that auditors consider the managerial overconfident severer when such characteristic accompany the higher level of REM, which can be outcome of aggressive business decisions possibly leading to the higher audit risks. We further find that these results are stronger for Big 4 auditors and continuing auditors. This paper contributes to the literature and practice as follows. First, we provide contextual evidence on how auditors reflect managerial characteristics in the audit process by documenting that auditors actively increase their audit efforts only when overconfident managerial characteristics are highly likely to lead to audit risk. This result suggests that auditors conduct external auditing considering both the efficiency and effectiveness of the audit process. Second, we suggest that auditors use information obtained from a wide range of sources to identify audit risks. Our results provide evidence of how the auditing standards, which do not provide detailed guidelines for audit risk assessment, are being applied in practice. Finally, our results also enhance the understanding of how audit fees are determined. Combined with the studies related to audit pricing, we provide the important reference for discussion between the auditor and the auditee about the audit fee that has created acute tension after the enforcement of the new External Audit Act.

The Effect of Grid Ratio and Material of Anti-scatter Grid on the Scatter-to-primary Ratio and the Signal-to-noise Ratio Improvement Factor in Container Scanner X-ray Imaging

  • Lee, Jeonghee;Lim, Chang Hwy;Park, Jong-Won;Kim, Ik-Hyun;Moon, Myung Kook;Lim, Yong-Kon
    • Journal of Radiation Protection and Research
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    • 제42권4호
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    • pp.197-204
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    • 2017
  • Background: X-ray imaging detectors for the nondestructive cargo container inspection using MeV-energy X-rays should accurately portray the internal structure of the irradiated container. Internal and external factors can cause noise, affecting image quality, and scattered radiation is the greatest source of noise. To obtain a high-performance transmission image, the influence of scattered radiation must be minimized, and this can be accomplished through several methods. The scatter rejection method using an anti-scatter grid is the preferred method to reduce the impact of scattered radiation. In this paper, we present an evaluation the characteristics of the signal and noise according to physical and material changes in the anti-scatter grid of the imaging detector used in cargo container scanners. Materials and Methods: We evaluated the characteristics of the signal and noise according to changes in the grid ratio and the material of the anti-scatter grid in an X-ray image detector using MCNP6. The grid was composed of iron, lead, or tungsten, and the grid ratio was set to 2.5, 12.5, 25, or 37.5. X-ray spectrum sources for simulation were generated by 6- and 9-MeV electron impacts on the tungsten target using MCNP6. The object in the simulation was designed using metallic material of various thicknesses inside the steel container. Using the results of the computational simulation, we calculated the change in the scatter-to-primary ratio and the signal-to-noise ratio improvement factor according to the grid ratio and the grid material, respectively. Results and Discussion: Changing the grid ratios of the anti-scatter grid and the grid material decreased the scatter linearly, affecting the signal-to-noise ratio. Conclusion: The grid ratio and material of the anti-scatter grid affected the response characteristics of a container scanner using high-energy X-rays, but to a minimal extent; thus, it may not be practically effective to incorporate anti-scatter grids into container scanners.

A Study on the Determinants of Management Performance of Nonprofit Arts Organization: Focusing on Symphony Orchestras in USA (비영리 공연단체의 경영성과 결정요인에 관한 연구 - 미국오케스트라를 중심으로 -)

  • Park, Sunmi;Choi, Young-jun
    • International Area Studies Review
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    • 제22권2호
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    • pp.121-138
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    • 2018
  • This study aims to suggest effective management performances of nonprofit arts organizations among competitive environment. To examine the factors which affect the performance of nonprofit performing arts organizations such as external environment, cultural capital, orchestra characters and government grants, this study analyzed the data of 990 tax forms of the US Internal Revenue Service(IRS) of the top 73 symphony orchestras and government sources in USA. Independent variables are measured as sponsorship amount which is the biggest part of orchestras' income, and ticket sales which is profit of inherent business purpose. As a result, the performance of the orchestra is affected positively by the income and influenced by the orchestras' characteristics including age, size, and conductor. Also government grants to the orchestras are essential for organizations to sustain their business. But, there are two different sides on these effects that small to medium groups are influenced by crowding in effect and bigger groups are more likely conducted by business overview. Lastly, cultural capital is no significant relationships to orchestras' management performances. This scope of the study is limited to American symphony orchestras; however, this study is significant in that empirical analysis on nonprofit performing arts organizations from an economic view point and contribute on other nonprofit arts organizations to develop their strategic plan for sustainable business.

Comparative Study on Characteristics of Sports Movies between Korea and the U.S. (한국 및 미국 스포츠 영화 콘텐츠 특성에 대한 탐색적 연구)

  • Jeong, Eun-Jeong;Chon, Bum-Soo
    • The Journal of the Korea Contents Association
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    • 제11권12호
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    • pp.152-161
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    • 2011
  • This study examines characteristics of sports movies between Korea and the U.S. Especially, this paper focuses on three different characteristics including structural, internal characteristics and performance of sports movies. The major results are as follows: firstly, there were similarities between two countries in terms of opening year, genre, classification but movie subjects. More specifically, movie opening years were not related to global sports events. In addition, most sports movies were mainly produced by human genre and all age movie classification. However, in terms of sports subjects, although Korean movies were constructed by baseball game, the U.S. movies were based on football game. Secondly, there were also similarities between both sports movies in terms of external characteristics such as gender difference of hero or heroine, internal story structure and their story sources. Most of sports movies have used real stories as movie story. Finally, although many of the U.S. sports movies recorded the high degree of expenditures, three movies recorded the high degree of movie consumption.

Bankruptcy Prediction Modeling Using Qualitative Information Based on Big Data Analytics (빅데이터 기반의 정성 정보를 활용한 부도 예측 모형 구축)

  • Jo, Nam-ok;Shin, Kyung-shik
    • Journal of Intelligence and Information Systems
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    • 제22권2호
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    • pp.33-56
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    • 2016
  • Many researchers have focused on developing bankruptcy prediction models using modeling techniques, such as statistical methods including multiple discriminant analysis (MDA) and logit analysis or artificial intelligence techniques containing artificial neural networks (ANN), decision trees, and support vector machines (SVM), to secure enhanced performance. Most of the bankruptcy prediction models in academic studies have used financial ratios as main input variables. The bankruptcy of firms is associated with firm's financial states and the external economic situation. However, the inclusion of qualitative information, such as the economic atmosphere, has not been actively discussed despite the fact that exploiting only financial ratios has some drawbacks. Accounting information, such as financial ratios, is based on past data, and it is usually determined one year before bankruptcy. Thus, a time lag exists between the point of closing financial statements and the point of credit evaluation. In addition, financial ratios do not contain environmental factors, such as external economic situations. Therefore, using only financial ratios may be insufficient in constructing a bankruptcy prediction model, because they essentially reflect past corporate internal accounting information while neglecting recent information. Thus, qualitative information must be added to the conventional bankruptcy prediction model to supplement accounting information. Due to the lack of an analytic mechanism for obtaining and processing qualitative information from various information sources, previous studies have only used qualitative information. However, recently, big data analytics, such as text mining techniques, have been drawing much attention in academia and industry, with an increasing amount of unstructured text data available on the web. A few previous studies have sought to adopt big data analytics in business prediction modeling. Nevertheless, the use of qualitative information on the web for business prediction modeling is still deemed to be in the primary stage, restricted to limited applications, such as stock prediction and movie revenue prediction applications. Thus, it is necessary to apply big data analytics techniques, such as text mining, to various business prediction problems, including credit risk evaluation. Analytic methods are required for processing qualitative information represented in unstructured text form due to the complexity of managing and processing unstructured text data. This study proposes a bankruptcy prediction model for Korean small- and medium-sized construction firms using both quantitative information, such as financial ratios, and qualitative information acquired from economic news articles. The performance of the proposed method depends on how well information types are transformed from qualitative into quantitative information that is suitable for incorporating into the bankruptcy prediction model. We employ big data analytics techniques, especially text mining, as a mechanism for processing qualitative information. The sentiment index is provided at the industry level by extracting from a large amount of text data to quantify the external economic atmosphere represented in the media. The proposed method involves keyword-based sentiment analysis using a domain-specific sentiment lexicon to extract sentiment from economic news articles. The generated sentiment lexicon is designed to represent sentiment for the construction business by considering the relationship between the occurring term and the actual situation with respect to the economic condition of the industry rather than the inherent semantics of the term. The experimental results proved that incorporating qualitative information based on big data analytics into the traditional bankruptcy prediction model based on accounting information is effective for enhancing the predictive performance. The sentiment variable extracted from economic news articles had an impact on corporate bankruptcy. In particular, a negative sentiment variable improved the accuracy of corporate bankruptcy prediction because the corporate bankruptcy of construction firms is sensitive to poor economic conditions. The bankruptcy prediction model using qualitative information based on big data analytics contributes to the field, in that it reflects not only relatively recent information but also environmental factors, such as external economic conditions.

Fulfilling the Export Potential of Agricultural Production in the Context of Aggravating Global Food Crisis

  • Hassan Ali Al-Ababneh;Ainur Osmonova;Ilona Dumanska;Petro Matkovskyi;Andriy Kalynovskyy
    • International Journal of Computer Science & Network Security
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    • 제24권7호
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    • pp.128-142
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    • 2024
  • Creation and implementation of export-oriented strategy is an urgent issue of economic development of any country. In an export-oriented model of economic development, exports should be a means of promoting economic growth and a tool to strengthen existing and potential competitive advantages. Agricultural production is the key factor in exports and the source of foreign exchange earnings in many countries. However, the export potential of agricultural producers may be inefficiently fulfilled due to the heterogeneity of countries in terms of economic development, trade relations and border policy. The aim of the research is to study the nature, main trends and problematic aspects of fulfilling the export potential of agricultural production in the context of aggravating food crisis. The study involved general scientific methods (induction and deduction, description, analysis, synthesis, generalization) and special (statistical method, economic analysis, descriptive statistics and interstate comparisons, graphical method). The need to ensure food security by countries around the world urges the importance of the agricultural sector as a catalyst for economic development, sources of foreign exchange earnings, investment direction, etc. The study of agricultural specialization led to the conclusion that wheat and sugar are goods with the highest export potential. It is substantiated that the countries of South America, OECD, North America and Europe have the highest level of realization of export potential of agricultural production, and African countries are import-dependent. In addition, the low export orientation of Africa and Asia due to the peculiarities of their natural and climatic conditions is established based on the assessment of export-import operations in the regional context. The internal and external export potential of each of the regions is analysed. Economic and mathematical simulation of assessing the impact of the most important factors on the wheat exports volumes was applied, which allowed predicting wheat exports volume and making sound management decisions regarding the realization of the export potential of agricultural companies. The inverse correlation between the exports volume and wheat consumption per capita, and the direct correlation between the effective size and area of land used for wheat cultivation was established through the correlation and regression analysis.

Long-term Studies on Zooplankton Community in the Hwang River Ecosystem (황강생태계 동물플랑크톤 군집의 장기변화)

  • Eui-Jeong Ko;Yu-Ji Heo;Gea-Jae Joo;Hyun-Woo Kim
    • Korean Journal of Ecology and Environment
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    • 제55권4호
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    • pp.398-405
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    • 2022
  • The research was based on long-term studies on the major physico-chemical and hydrological factors and zooplankton community dynamics in the Hwang River. We had 341 times survey and collected zooplankton samples in the Hwang River of mid-Nakdong River from 1995 to 2013. We identified 97 zooplankton species, including 77 rotifers, 16 cladocerans, and 4 copepods. The total zooplankton abundance and species diversity were shown distinctive temporal variation (ANOVA, p<0.001). Annual average of zooplankton population density was 58.4±3.2 ind L-1 (n=341) and the lowest was 17.0±3.8 ind L-1 (1996, n=20), while the highest was 151.5±32.3 ind L-1 (2010, n=22). For zooplankton, small rotifer groups(e.g., Keratella sp., Brachionus sp., Trichotria sp.) dominated the study site for 19 years survey. Statistical analysis revealed that there were positive relationships with SiO2 (p=0.002) and water level (p<0.001) for the high abundance of rotifer community. There were considerable variations both the total cladocerans population and the number of cladocerans' species concerning annual precipitation. Despite the appearance of various zooplankton in the Hwang River, the mean population density remained low. Due to the lateral structures in the Nakdong River, the downstream basin of the Hwang River is inevitably affected. The zooplankton community in our study site is considered to be mainly influenced by external factors that can stably increase and maintain the volume of the water body and internal factors that induce an increase in food sources through the inflow of nutrients into the water body.

Characterization of Termite Inhabitation Environment on Wooden Cultural Heritages (목조문화재 흰개미 서식환경 특성 연구)

  • Seo, Min Seok;Jo, Chang Wook;Kim, Soo Ji;Kim, Young Hee;Hong, Jin Young;Lee, Jeung Min;Jeong, So Young
    • Journal of Conservation Science
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    • 제31권4호
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    • pp.387-393
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    • 2015
  • Damages of wooden cultural heritages caused by various bio-species have been a trend that is increasing on climate change. The decay and bio-damage caused by microbial organisms or insect species are also known to factors of the shape changes and structural problems of wooden cultural heritages. There are so many phenomenons of damage and weathering in wooden cultural heritage for many years and particularly termite can threaten seriously wooden cultural heritage. We investigated with respect to internal and external environment and termite inhabitation around the wooden cultural heritage in Jeollanam-do, Jeollabuk-do, and Jeju-do. As this investigation results, we confirmed that there were the difference in between resident and non-resident about temperature, humidity, moisture contents of wooden building. Resident building is high temperature but humidity and moisture contents is low and these factors are sources of inhabitation condition change about insects as termites. Now we suggest to carry out in parallel to the target wooden cultural heritage and the surrounding habitat for wooden cultural heritage termite damage investigation. Also with the chemical control methods, we must consider necessary to present eco-friendly control management such as construction of heating facilities, residential status, periodic management.