• Title/Summary/Keyword: Investment Performance

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A Study on the Policy Innovation Plan for Public Technology Commercialization (공공기술사업화의 정책 혁신 방안에 관한 연구)

  • Yun, Jeong-Keun
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.22 no.2
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    • pp.212-220
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    • 2021
  • National R&D investment has steadily increased, reaching number 5 in the world as of 2018. However, for public technology commercialization, the level of discovery of policy models through various cooperation initiatives between government ministries is insufficient, and the performance system that can spread technology commercialization is also limited. In this respect, in order to create results in public technology commercialization, it is necessary to prepare alternatives to strengthen multi-ministerial policy cooperation and increase policy execution power. In this paper, we analyzed the current state of national R&D projects by major ministries and suggested an optimized technology commercialization plan through analysis of the structure, budget, and form of each project. In particular, an alternative in terms of policy efficiency was suggested by analyzing the problems of policy discovery that have not been studied previously. This study is of great significance in that it diagnosed problems of public technology commercialization in terms of the lack of systematic research on public technology commercialization and suggested policy advancement for the spread of technology use and the strategic direction in terms of commercialization.

The Analysis of Profit Adjustment and Business Performance Using Deferred Corporate Taxes Information (이연법인세 정보를 이용한 이익조정 및 사업성과 분석)

  • Yun, Han-Kuk;Kim, Jin-Seop
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.22 no.2
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    • pp.602-609
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    • 2021
  • Under accrual basic accounting, financial statements may be less reliable compared to cash basis accounting. The purpose of this study is to conduct an empirical analysis to determine the possibility of profit adjustment through the increase and decrease of deferred tax accounts. For our empirical analysis, a dummy variable of '1' was used as a dependent variable when the deferred tax net assets increased from the previous year and '0' when the deferred tax net assets decreased. Meanwhile, the variables of interest were discretionary accruals and ROA variation compared to the previous year. Logistic regression analysis was performed to establish the relevance between variables. Results found larger discretionary accruals related to lower net deferred tax assets compared to the previous year. In addition, there was a correlation between ROA and net deferred tax assets only if the ROA increased and net profit was greater than '0'. Study results will enable deferred tax information to be used in investment decision-making, and supervisory institutions can establish policies to prevent profit adjustments and enhance reporting standards.

A Study on the Development of Sharing Taxi Service Platform and Economic Value Estimation (공유택시 서비스 플랫폼 개발과 경제적 가치추정에 관한 연구)

  • Kim, Min Jae
    • Journal of the Korean Regional Science Association
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    • v.38 no.1
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    • pp.21-32
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    • 2022
  • The purpose of this study is two things. First, it is to develop and demonstrate a sharong taxi platform. To this end, the implications for platform development were derived by analyzing consumers' perceptions of existing taxi services using IPA. As a result, abnormal business activities and safe services in the maintenance area were found to be safe rides and easy rides in the key improvement area. Safety such as usage fee level and driver information provision were derived in the areas subject to improvement, and friendly response and internal and external cleanliness were derived in the areas of excessive investment. The second purpose of this study is to estimate the value given to users for sharing taxi service platforms using the CVM. As a result of estimating the value of the demonstration service of the shared taxi platform developed through this study, the WTP was 3,621 won/per household/per year when expanding throughout Gimhae-si, and 2,515 won/per household/per year. Compared to the willingness to pay for empirical services, only 69.5% of the willingness to pay for the spread project in Gimhae-si. This is the result of a combination of service spread to an unspecified number of people and concerns about service quality due to spatial expansion. This suggests that it is necessary to build data through continuous demonstration and to carefully build a roadmap for spread by upgrading services based on this.

The Study on Factors to Improve the Intention to Share Knowledge Using KMS: Focusing on Technology Acceptance Model, Task Stress, Knowledge Share Climate (지식관리시스템을 활용한 지식공유 의도 향상에 대한 연구: 기술수용모델, 업무 스트레스, 공유 분위기를 중심으로)

  • Hwang, Inho
    • Journal of Korea Society of Industrial Information Systems
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    • v.26 no.6
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    • pp.17-34
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    • 2021
  • As knowledge management is recognized as an important factor for organizational performance, organizations are increasing their investment in knowledge management policies and technologies. The purpose of this study is to suggest positive and negative causes on the intention to share knowledge through a using knowledge management system(KMS) and to suggest the effect of organizational sharing climate. Research models and hypotheses were presented through previous studies, and 417 samples were obtained through the survey for employees of organizations that adopted a KMS. As a result of the analysis, usefulness and ease of use of the KMS had a positive effect on the intention to share knowledge, and task conflict and ambiguity had a negative effect. The knowledge sharing climate was found to be an antecedent for the technology acceptance model and task stress. In addition, task stress moderated the effect of usefulness and ease of use with the intention to share knowledge using KMS. The results suggested the direction to be pursued at the organizational level for the continuous use of KMS.

Domain Knowledge Incorporated Counterfactual Example-Based Explanation for Bankruptcy Prediction Model (부도예측모형에서 도메인 지식을 통합한 반사실적 예시 기반 설명력 증진 방법)

  • Cho, Soo Hyun;Shin, Kyung-shik
    • Journal of Intelligence and Information Systems
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    • v.28 no.2
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    • pp.307-332
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    • 2022
  • One of the most intensively conducted research areas in business application study is a bankruptcy prediction model, a representative classification problem related to loan lending, investment decision making, and profitability to financial institutions. Many research demonstrated outstanding performance for bankruptcy prediction models using artificial intelligence techniques. However, since most machine learning algorithms are "black-box," AI has been identified as a prominent research topic for providing users with an explanation. Although there are many different approaches for explanations, this study focuses on explaining a bankruptcy prediction model using a counterfactual example. Users can obtain desired output from the model by using a counterfactual-based explanation, which provides an alternative case. This study introduces a counterfactual generation technique based on a genetic algorithm (GA) that leverages both domain knowledge (i.e., causal feasibility) and feature importance from a black-box model along with other critical counterfactual variables, including proximity, distribution, and sparsity. The proposed method was evaluated quantitatively and qualitatively to measure the quality and the validity.

Development of Smart Mining Technology Level Diagnostics and Assessment Model for Mining Sites (광산 현장의 스마트 마이닝 기술 수준 진단평가 모델 개발)

  • Park, Sebeom;Choi, Yosoon
    • Tunnel and Underground Space
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    • v.32 no.1
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    • pp.78-92
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    • 2022
  • In this study, we proposed a diagnostics and assessment model for mining sites that can evaluate the smart mining technology level in a systematic and structured way. For this, the maturity of the smart mining was defined, and detailed assessment items of the diagnostics and assessment model for smart mining were derived by considering the smart factory diagnostics and assessment model (KS X 9001-3) used in the manufacturing industry. While maintaining the existing system, the existing 46 detailed assessment items were modified to be suitable for mining. As a result, a total of 29 detailed assessment items were derived in the areas of promotion strategy, process, information system and automation, and performance. Based on this, a questionnaire was designed to diagnose the level of smart mining technology, and assessment was performed by applying it to domestic iron mines. The level of smart mining technology in the study area was found to be level 2, and it could be inferred that it was about 40% lower than the average smart level of the general manufacturing industry. In addition, by using the developed model, it was possible to recognize the weak points of the mine at each stage of the introduction, operation, and advancement of smart mining, and to suggest investment and improvement directions.

A Fundamental Study on the Load Resistance Characteristics of Revetment Concrete Block with Recycled Concrete Aggregate and GFRP Rebar (순환골재와 GFRP 보강근을 적용한 호안블럭의 하중저항특성에 관한 연구)

  • Kim, Yongjae;Kim, Jongho;Moon, Doyoung
    • Resources Recycling
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    • v.31 no.5
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    • pp.42-51
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    • 2022
  • Aggregate resources in Korea are expected to run out owing to an increase in development demand and construction investment. Recycled concrete aggregates (RCA), extracted from waste concrete, have a lower quality than natural aggregates. However, RCA can produce concrete similar in quality to the normal concrete by aggregate pretreatment, use of admixtures, and quality control. RCA are most suitable for use in precast concrete products such as sidewalk blocks and revetment blocks. Herein, the feasibility of producing revetment blocks using recycled aggregate concrete (RAC), similar in quality to normal concrete, was analyzed. The amount of RCA was varied, and moderate high early strength cement and steam curing were used to produce the concrete test blocks. In the block test, the load resistance characteristics of the blocks were evaluated to determine optimal RAC and glass fiber reinforced polymer (GFRP) rebar compositions. Thus, the variable that reduced the cement content was determined at the same level as that of natural aggregate concrete by the control of steam curing. In the concrete block test, although this depends on the reinforcement ratio, the RAC block exhibited the same or better performance than a normal concrete block. Therefore, the low quality of RCA in RAC is no longer a problem when concrete mixing and curing are controlled and appropriate reinforcement is used.

A Study on Improvements of Incheon International Passenger Port Management System (인천항 국제여객부두 관리체계 개선에 관한 연구)

  • Lee, Kyong-Han;Lee, Jong-Phil;Go, Dong-Hun
    • Journal of Korea Port Economic Association
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    • v.37 no.3
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    • pp.35-53
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    • 2021
  • Over the past 20 years, Korea's number of international passengers and freight transportation records has increased by 8.6% per year, respectively. However, despite the development of sea lanes and increased voyages, there have been constant calls for improving the inefficient management of international passenger ports. Hence, this paper presents improvements and further directions for international passenger port management. Focusing on the Incheon International passenger port as a representative case study, the main results show that the most important, urgent, possible measures for improving the port management include (i) the expansion of customs personnel and implementation of a 24-hours customs clearance system in operation, (ii) installation of buffer facilities between the ferry and ferry cargo and establishment of hinterland specialized in car ferry freight in a facility, and (iii) clear standards for cost-bearing subjects and limitation of high cost related to terminal use in institution. These results imply the need for government policy access and investment reflecting stakeholder opinions at various levels, such as operation, facilities, institution, and so forth, for efficient management of international passenger ports.

Effects of Empowerment of Social Service Workers on Service Orientation: Focusing on the Mediating Effect of Job-esteem Attitude (사회서비스 종사자의 임파워먼트가 서비스지향성에 미치는 영향: 직업존중감의 매개효과를 중심으로)

  • Na, Yunjoung;Hwang, Hyewon
    • The Journal of the Korea Contents Association
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    • v.22 no.9
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    • pp.544-560
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    • 2022
  • In order to verify the effect of job-esteem attitude on the empowerment of social service workers on service orientation, this study conducted a questionnaire survey on manpower providing local autonomous social service investment projects in Chungcheongbuk-do through analyzing 329 copies of data. The main research results show that, work performance relationship and personal work orientation have a significant effect on job esteem among the sub-factors of empowerment, it was found that the work environment control had a significant effect on all of the service-oriented sub-factors (trust-oriented, sincerity-oriented, and type-oriented). In addition, personal work-oriented empowerment was found to have a significant effect on sincerity-oriented and type-oriented among the service-oriented sub-factors, and it was confirmed that the empowerment of social service workers had a positive effect on service orientation through employee appreciation as a medium. It was confirmed that job-esteem, which is a mediator, affects sincerity and type orientation, which are sub-variables of service orientation. In order to improve the service orientation of social service workers, it is necessary to develop a manual for a clear understanding of their work and to provide continuous and practical maintenance education so workers can develop their own abilities.

Performance Comparison of Reinforcement Learning Algorithms for Futures Scalping (해외선물 스캘핑을 위한 강화학습 알고리즘의 성능비교)

  • Jung, Deuk-Kyo;Lee, Se-Hun;Kang, Jae-Mo
    • The Journal of the Convergence on Culture Technology
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    • v.8 no.5
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    • pp.697-703
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    • 2022
  • Due to the recent economic downturn caused by Covid-19 and the unstable international situation, many investors are choosing the derivatives market as a means of investment. However, the derivatives market has a greater risk than the stock market, and research on the market of market participants is insufficient. Recently, with the development of artificial intelligence, machine learning has been widely used in the derivatives market. In this paper, reinforcement learning, one of the machine learning techniques, is applied to analyze the scalping technique that trades futures in minutes. The data set consists of 21 attributes using the closing price, moving average line, and Bollinger band indicators of 1 minute and 3 minute data for 6 months by selecting 4 products among futures products traded at trading firm. In the experiment, DNN artificial neural network model and three reinforcement learning algorithms, namely, DQN (Deep Q-Network), A2C (Advantage Actor Critic), and A3C (Asynchronous A2C) were used, and they were trained and verified through learning data set and test data set. For scalping, the agent chooses one of the actions of buying and selling, and the ratio of the portfolio value according to the action result is rewarded. Experiment results show that the energy sector products such as Heating Oil and Crude Oil yield relatively high cumulative returns compared to the index sector products such as Mini Russell 2000 and Hang Seng Index.