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Effects of Market Diversity on Performance of Exporting Companies: An Inverted U-shaped Relationship

  • Lee, Jungeun;Kim, Chang-Bong;Lee, Dong-Jun
    • Journal of Korea Trade
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    • v.24 no.8
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    • pp.121-132
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    • 2020
  • Purpose - The principle aim of this study is to further investigate the relationship between market diversity and export performance. We examine the benefits and costs of geographic market diversity regarding the number of countries exported to by firms on their export performance. Based on the financial risk reduction model and the entry costs model, we propose a way to incorporate the costs and benefits aspects of market diversity. Design/methodology - To empirically investigate our research question, the curvilinear relationship between market diversity and export performance, we built a secondary panel data set between 2015 and 2019, containing 17,863 observations of Korean exporting companies. A generalized least squares panel estimator with fixed effects was employed to test the hypothesis, and the statistical package, Stata 14, was used. Findings - Our main findings are as follows: As market diversity increases, export performance increases because exporters can diversify and reduce financial risks in export markets. However, the relationship between the two does not grow. As it peaks, the entry costs increase due to the high market diversity, thereby outweighing the benefits, leading, eventually to decrease in the export performance. Consequently, there is an inverted U-shaped relationship between market diversity and export performance. Originality/value - In the export and trade literature, the impact of market diversity on export performance has not been addressed yet, despite the importance of this subject. Many scholars have assumed a positive linear relationship between the two, considering only the decrease in market risks as the number of overseas markets increases, without examining the increase in the entry and management costs. Therefore, our study contributes by providing a new perspective for analyzing the characteristics and outcomes of market diversity.

A Case Study of Artificial Intelligence Education for Graduate School of Education (교육 대학원에서의 인공지능 교육 사례)

  • Han, Kyujung
    • 한국정보교육학회:학술대회논문집
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    • 2021.08a
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    • pp.401-409
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    • 2021
  • This study is a case study of artificial intelligence education subjects in the graduate school of education. The main educational contents consisted of understanding and practice of machine learning, data analysis, actual artificial intelligence using Entries, artificial intelligence and physical computing. As a result of the survey on the educational effect after the application of the curriculum, it was found that the students preferred the use of the Entry AI block and the use of the Blacksmith board as a physical computing tool as the priority applied to the elementary education field. In addition, the data analysis area is effective in linking math data and graph education. As a physical computing tool, Husky Lens is useful for scalability by using image processing functions for self-driving car maker education. Suggestions for desirable AI education include training courses by level and reinforcement of data collection and analysis education.

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With the greatest care, stromal interaction molecule (STIM) proteins verify what skeletal muscle is doing

  • Cho, Chung-Hyun;Lee, Keon Jin;Lee, Eun Hui
    • BMB Reports
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    • v.51 no.8
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    • pp.378-387
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    • 2018
  • Skeletal muscle contracts or relaxes to maintain the body position and locomotion. For the contraction and relaxation of skeletal muscle, $Ca^{2+}$ in the cytosol of skeletal muscle fibers acts as a switch to turn on and off a series of contractile proteins. The cytosolic $Ca^{2+}$ level in skeletal muscle fibers is governed mainly by movements of $Ca^{2+}$ between the cytosol and the sarcoplasmic reticulum (SR). Store-operated $Ca^{2+}$ entry (SOCE), a $Ca^{2+}$ entryway from the extracellular space to the cytosol, has gained a significant amount of attention from muscle physiologists. Orai1 and stromal interaction molecule 1 (STIM1) are the main protein identities of SOCE. This mini-review focuses on the roles of STIM proteins and SOCE in the physiological and pathophysiological functions of skeletal muscle and in their correlations with recently identified proteins, as well as historical proteins that are known to mediate skeletal muscle function.

Direct forcing/fictitious domain-Level set method for two-phase flow-structure interaction (이상 유동에서의 유체-구조 연성해석을 위한 Direct Forcing/Ficititious Domain-Level Set Method)

  • Jeon, Chung-Ho;Yoon, Hyun-Sik;Jung, Jae-Hwan
    • Journal of Ocean Engineering and Technology
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    • v.25 no.4
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    • pp.36-41
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    • 2011
  • In the present paper, a direct forcing/fictitious domain (DF/FD) level set method is proposed to simulate the FSI (fluid-solid interaction) in two-phase flow. The main idea is to combine the direct-forcing/fictitious domain (DF/FD) method with the level set method in the Cartesian coordinates. The DF/FD method is a non-Lagrange-multiplier version of a distributed Lagrange multiplier/fictitious domain (DLM/FD) method. This method does not sacrifice the accuracy and robustness by employing a discrete ${\delta}$ (Dirac delta) function to transfer quantities between the Eulerian nodes and Lagrangian points explicitly as the immersed boundary method. The advantages of this approach are the simple concept, easy implementation, and utilization of the original governing equation without modification. Simulations of various water-entry problems have been conducted to validate the capability and accuracy of the present method in solving the FSI in two-phase flow. Consequently, the present results are found to be in good agreement with those of previous studies.

Traffic Accident Model of Urban Rotary and Roundabout by Type of Collision based on Land Use (토지이용에 따른 충돌 유형별 도시부 로터리 및 회전교차로 사고모형)

  • Lee, Min Yeong;Kim, Tae Yang;Park, Byung Ho
    • Journal of the Korean Society of Safety
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    • v.32 no.4
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    • pp.107-113
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    • 2017
  • This paper deals with the traffic factors related to the collisions of circular intersections. The purpose of this study is to develop traffic accident models by type of collision based on land use. In pursuing the above, the traffic accident data from 2010 to 2014 were collected from the "Traffic Accident Analysis System (TAAS)" data set of the Road Traffic Authority. A multiple regression model was utilized in this study to develop the traffic accident models by type of collision. 17 explanatory variables such as geometry and traffic volume factors were used. The main results are as follows. First, the null hypothesis that the type of land use does not affect the number of accidents by type of collision is rejected. Second, 10 accident models by type of collision based on land use are developed, which are all statistically significant. Finally, the ADT, inscribed circle diameter, bicycle lane, area of central island, number of speed hump, circulatory roadway width, splitter island, area of circulatory roadway, mean number of entry lane and mean width of entry lane are analyzed to see how they affect accident by type of accident based on land use.

The Analysis on the Determinations Factors of Container Port Competitiveness (컨테이너 항만경쟁력 결정요인 분석)

  • Lee, Ki-Tae;Baek, In-Hum
    • Journal of Fisheries and Marine Sciences Education
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    • v.27 no.1
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    • pp.262-272
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    • 2015
  • The aim of this study is to analysis factors that determine the competitiveness of container ports using the KJ and AHP methods. For this, 54 detailed attributing factors were identified both by previous studies and port users. 24 attributing factors were identified by a group of port experts. also, These were grouped 18 detailed attributing factors into 6 attributing factors by a group of port experts using the KJ method. These were made into a model of hierarchical structure with 3 levels, taking 1 goal factor, 6 evaluation factors and 18 detailed evaluation factors. The collected date of questionnaires were analyzed by a group of port experts using the AHP method. The analysis result of the evaluation factors in container port shows that port cargo volume is the most important factor, followed by port location, port cost, port service, port facility and port management. The analysis results of detailed evaluation factors in container port shows that import and export cargo volume is the most important factor, followed by transshipment cargo volume, distance from main trunk, cargo handling cost, distance from the point of importing and exporting, speediness of cargo handling, stability of cargo handling, vessel/cargo cost in port entry and leaving, punctuality in port entry and leaving, number and length of berth, collateral service cost, terminal area, hinterland accessibility, ability of terminal operation company, front depth of berth, etc.

Knowledge Structure and Terminology of Archival Appraisal: Focusing on the Entries of "Encyclopedia of Archival Science" (기록평가의 지식구조와 용어 분석 : 『Encyclopedia of Archival Science』 표제어를 중심으로)

  • Moon-Won Seol
    • Journal of Korean Society of Archives and Records Management
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    • v.23 no.1
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    • pp.81-99
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    • 2023
  • Archival appraisal is a key area of archival science. This study aims to identify the knowledge structure of archival appraisal and propose appropriate translation terms. To this end, 34 entry terms related to archival appraisal were first extracted from 146 entries in the Encyclopedia of Archival Science, a leading encyclopedia in the field, and terminologies were categorized based on content analysis. Second, the contents described in the entries were assessed for each category, and the main concepts and flow of discussions were also examined. Third and last, suitable translations for each entry term were presented, and considerations were suggested for the translations, such as the application of appropriate principles of equivalence. Specifically, terms such as "records appraisal" and "archival appraisal" were recommended to be used separately.

Landscape Design for the New Government Buildings of Dalseong-gun (달성군청사 조경설계)

  • 김도경;최원만
    • Journal of the Korean Institute of Landscape Architecture
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    • v.30 no.4
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    • pp.66-73
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    • 2002
  • This landscape design proposal was presented to a design competition for the New Government Buildings of Dalseong-gun which was held by the municipal authority of Dalseong-gun in June, 2002. The site is located at 1313 Gumpo-ri, Nongong-eup, Dalseong-gun, Daegu Metropolitan City and has an area of 50,000$m^2$. The judging criteria for the landscape design set by the Dalseong-gun could be articulated as follows : an environmentally friendly design which respects the surrounding n a locale which functions as a community center of Dalseong-gun, a resting place for the welfare of its employees and visitors, and finally a place with diverse landscape elements reflecting the individual identity of each facility. The main design concepts of this project could be summarized as follows : an environmentally friendly design which respects and utilizes the existing natural landscape resources, a design which features a harmony of nature with architecture and exterior space with interior space, and a design which balances esthetic form and practical function. This design consists of four major outdoor spaces ; the lawn, the entry plaza, a pine grove, and a deck area on the third floor. The multi-purpose lawn area near the main entrance area can be used for flea markets, outdoor weddings, and picnics for its neighbors. The adjacent plaza and parking lots can be unified as one space in case of large events. The entry plaza has three axes. Each of them represents the Assembly, the Administration, and the Culture. A big circle in the paving pattern unifies the three individual axes. A group of Zelkova trees was introduced to reflect local flavor. The existing pine grove was preserved as a symbolic 'park' for the Gumpo district. The outdoor amphitheatre within the grove was introduced by utilizing the existing topography, The flow of 'nature'on the deck area was designed to connect Mt. Gumkae with the 'city'. It is a comfortable resting place for its employees and visitors.

An Efficient MBR Compression Technique for Main Memory Multi-dimensional Indexes (메인 메모리 다차원 인덱스를 위한 효율적인 MBR 압축 기법)

  • Kim, Joung-Joon;Kang, Hong-Koo;Kim, Dong-Oh;Han, Ki-Joon
    • Journal of Korea Spatial Information System Society
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    • v.9 no.2
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    • pp.13-23
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    • 2007
  • Recently there is growing Interest in LBS(Location Based Service) requiring real-time services and the spatial main memory DBMS for efficient Telematics services. In order to optimize existing disk-based multi-dimensional Indexes of the spatial main memory DBMS in the main memory, multi-dimensional index structures have been proposed, which minimize failures in cache access by reducing the entry size. However, because the reduction of entry size requires compression based on the MBR of the parent node or the removal of redundant MBR, the cost of MBR reconstruction increases in index update and the efficiency of search is lowered in index search. Thus, to reduce the cost of MBR reconstruction, this paper proposed the RSMBR(Relative-Sized MBR) compression technique, which applies the base point of compression differently in case of broad distribution and narrow distribution. In case of broad distribution, compression is made based on the left-bottom point of the extended MBR of the parent node, and in case of narrow distribution, the whole MBR is divided into cells of the same size and compression is made based on the left-bottom point of each cell. In addition, MBR was compressed using a relative coordinate and size to reduce the cost of search in index search. Lastly, we evaluated the performance of the proposed RSMBR compression technique using real data, and proved its superiority.

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Analysis on Entry and Exit Behaviors at the Weaving Section of a Continuous Auxiliary Lane: Focused on Clover-shaped Interchanges (연속 부가차로 엇갈림 구간 진출입 행태분석에 관한 연구: 클로버형 입체교차로를 중심으로)

  • Park, Je-Jin;Ha, Tae-Jun;Oh, Jae-Chul;Choi, Heung-Seob
    • The Journal of The Korea Institute of Intelligent Transport Systems
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    • v.16 no.6
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    • pp.79-89
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    • 2017
  • Current intersection with collectors allow entry and exit in the relevant sections just as defined by the pertinent design criteria without considering driving behavior of the vehicles coming in and out of the intersection. This study analyzed the roads in the weaving sections to review driving behavior. As a result, vehicles entering a main line are found to try to change a driving lane at a section 50~55m away from a nose part, while those entering a ramp from a main line try to change it at 35~40m from a nose part. Accordingly vehicles exiting to a connecting road from a main line were found to take prior action to change a lane earlier than those entering a main line. Conflict took place intensively at 35~40m section from the nose part entering a main line. Consequently, such conflict at an weaving section may be controlled by adjusting the length of driving lane making use of a double line (solid and dotted line) that can control changing a lane. Outcome of this study may be used as a basic data for operating and maintaining an weaving section of a intersection of a road and improving traffic safety.