• The Journal of Korea Institute of Information, Electronics, and Communication Technology
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• v.9 no.1
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• pp.82-89
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• 2016

And by entering into an aging society with economic growth "beautiful and healthy desire to live', aesthetics industry as promote interest in 'Anti-aging' is emerging as a promising business increased significantly the skin care market. However, the management of the hospital or the temporal order to receive professional care providers, spatial, and cost constraints caused many companies to solve this problem began to approach the Home Care Area. Global trends in personal skin care market has been activated, the domestic has been activated at low cost, private market due to the recession. We have performed this test in order to develop a skin care device for home in order to compensate for this point.In this paper, we develop a low-level laser to create a personal skin care products and sought to incorporate them into the skin cosmetic.Expand the pores by using the low-level laser to the skin by to the dermal layer of the skin was penetrated aim experiment the ampoule, and by a comparison of the medical low-level laser reliability and determine the effectiveness or absence of the performance and efforts to commercialize.

• Journal of the Korean Institute of Gas
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• v.23 no.2
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• pp.1-8
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• 2019

Because of environmental pollution problem, interests in hydrogen energy has been concentrating sharply. Especially in Korea, the market related with fuel cell vehicles and hydrogen refueling stations is increasing actively under the government-led. However, the actual contributions to environmental improvement effect of hydrogen energy is required to be evaluated with representing reality. In this sense, lots of conventional analyzing tools have some limitations to adapt in Korea's situation directly. It is caused by the differences of raw energy market between the US and Korea. That is, most of analytic tools are developed by representing energy market of the US, where can produce variety of raw feed energy sources. Therefore, in this paper, we propose mass balance based numerical analyzing method, which is suitable for the actual hydrogen production process in Korea for exact evaluation of $CO_2$ emission amount in this country. Using proposed method, we has demonstrated reformed hydrogen from natural gas, LPG and naphtha, electrolysis-based hydrogen, and COG-based hydrogen. Furthermore, with the comparison of GREET program analysis results, robustness of numerical analysis method is demonstrated.

• Korean small business review
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• v.41 no.2
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• pp.51-78
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• 2019

The purpose of this study is to classify unlisted companies' entering method into stock market and to find out a advantageous choice between IPO and SPAC. The research samples are two types(79 IPO companies and 46 SPAC companies) of 125 companies. Which were being listed in the KOSDAQ market from 2010 to 2017. The analysis results are as follows. At first, after analyzing the impact of well known variables such as asset size, company history and number of employees to select listing methods. I found that the variables of asset size and company history have a significant negative (-) effect on the SPAC variable. Secondly, the debt ratio variable has a significant positive (+) effect on the SPAC variable. Third, it was found that the ratio of profitability variables, such as operating income to sales have a systematically positive (+) effect on the SPAC variable. Fourth, I analyzed the impact of the largest stockholder in unlisted companies on the selection of listing methods. I found that the largest stockholder are systematically having a positive (+) effect on SPAC. The result means that unlisted companies that chose SPAC have the larger shareholder shares that are relatively higher than the unlisted companies that chose IPO.

• The Journal of Bigdata
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• v.7 no.2
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• pp.153-172
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• 2022

Online shopping has transformed and rapidly grown the entire market at the forefront of wholesale and retail services as an effective solution to issues such as digital transformation and social distancing policy (COVID-19 pandemic). Small business owners, who form the majority at the center of the online shopping industry, are constantly collecting policy changes and market trend information to overcome these problems and use them for marketing and other sales activities in order to overcome these problems and continue to grow. Objective and refined information that is more closely related to the business is also needed. Therefore, in this paper, through the collection and analysis of big data information, which is the core technology of digital transformation, key variables are set in product classification, sales trends, consumer preferences, and review information of online shopping malls, and a method of using them for competitor comparison analysis and business sustainability evaluation has been prepared and we would like to propose it as a service. If small and medium-sized businesses can benchmark competitors or excellent businesses based on big data and identify market trends and consumer tendencies, they will clearly recognize their level and position in business and voluntarily strive to secure higher competitiveness. In addition, if the sustainable growth of the online shopping mall operator can be confirmed as an indicator, more efficient policy establishment and risk management can be expected because it has an improved measurement method.

• Korea Trade Review
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• v.48 no.3
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• pp.69-88
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• 2023

This study analyzes the dynamic characteristics of cargo volume (demand), ship fleet (supply), and freight rate (price) of container, dry bulk, and tanker shipping markets by using the VAR and VECM models. This analysis is expected to enhance the statistical understanding of market dynamics, which is perceived by the actual experiences of market participants. The common statistical patterns, which are all shown in the three shipping markets, are as follows: 1) The Granger-causality test reveals that the past increase of fleet variable induces the present decrease of freight rate variable. 2) The impulse-response analysis shows that cargo shock increases the freight rate but fleet shock decreases the freight rate. 3) Among the three cargo, fleet, and freight rate shocks, the freight rate shock is overwhelmingly largest. 4) The comparison of adjR² reveals that the fleet variable is most explained by the endogenous variables, i.e., cargo, fleet, and freight rate in each of shipping markets. 5) The estimation of co-integrating vectors shows that the increase of cargo increases the freight rate but the increase of fleet decreases the freight rate. 6) The estimation of adjustment speed demonstrates that the past-period positive deviation from the long-run equilibrium freight rate induces the decrease of present freight rate.

• THE INTERNATIONAL COMMERCE & LAW REVIEW
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• v.38
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• pp.47-68
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• 2008

I have observed the validity of open-offer from a point of European contract law in comparison with International Trade Law in this paper. Generally we know that an offer is an expression of willingness bo be bound to the contract. In English law if there are no intention it will be considered such as circulation of price lists or catalogues. As for French law these activities could be considered as an offer. However German law is closer to English law as to an offer. A contract which does not ascertained price is open-price terms and it can be applied not only for general commercial contracts but also for franchise or for distributorship agreements especially in Europe. When open-price terms applied to reserve a exclusive right to the contract the validity of contract can be a serious matter between principals. In English law an offer must be sufficiently complete to be capable of acceptaqnce. English law does not require that price terms should be indicated on offer. English law allow a open-price terms in the contract. In French law a contract will be valid in the absense of a price which is either determined or objectively determinable. A price by the market price of similar products is not enough to be valid offer. It should be recognized and accepted objectively by third parties. French law require that price terms should be indicated on offer. Open-price terms are not enough to be an effective offer. However German law shows more flexible than French law. In German law if the price is not fixed in the contract there are four ways to determine it. The seller may determine the price by the time of deliver. By reason of thess backgrounds I have made comparison with European contract law and International trade law on the validity of open-price offer in this paper. It seems that we are not familiar with open-price terms although franchise contract or special terms of contract have been increased in these days. So I hope this paper will be helpful to show a new point of view.

• Management & Information Systems Review
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• v.34 no.1
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• pp.191-209
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• 2015

Electronic word-of-mouth (eWOM) in social media has been recognized as one of the most influential marketing tools across various businesses. Understanding eWOM in social media is critical to reach potential global consumers easily and quickly in the hospitality industry. However, few empirical studies in hospitality attempted to evaluate the effectiveness of eWOM in social media from a global perspective. Given the competitive climate of the hospitality market, it is meaningful for hospitality marketers to evaluate the effectiveness of eWOM in social media and the influence of cultural factors to promote customers and increase profitability globally. The main purpose of this study was to examine the influence of cultural values on social media eWOM in the hospitality industry in China, Korea, and the USA. The result of this study indicates Chinese and American people engage more than Korean people when they try to purchase hospitality product and service This study particularly provided a cross-cultural study of comparison among these countries and the findings of this study are expected to provide important practical assistance for global marketing strategies in social media.

• Journal of the Korea Fashion and Costume Design Association
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• v.14 no.3
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• pp.51-65
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• 2012

This research was conducted to provide basic data for the formulation of marketing strategies suitable to the increasingly globalizing clothing market for the elderly in the fashion industry, by comparing the clothing behavior and preferences of elderly women aged over 70 years in Korea with those of women in the U.S. The 106 questionnaire responses that were collected in the U.S. and the 235 responses that were collected in Korea were used for the analysis, The major objectives of this study were as follow; 1. It was found that the elderly women of Korea utilize mostly human information as information source when purchasing clothing, whereas women of U.S. utilize mostly media information. Comfort was found to be most important factor both countries, but the Korean women considered the aesthetic aspect of clothing more important than did American women. 2. The clothing preference of Korean elderly women aged over 70 years was concentrated in young and feminine images regardless of items, so it could be seen that they had strong desire for looking young. But American elderly women showed different preference depending on items, so it could be seen that they pursue diverse images depending on clothing items and personality without concentrating in one image. The comparison of the preference style by item of elderly women over 70 years of age between Korea and the U,S. showed significant difference. Accordingly, the designs of the clothes of the Korean and American women should be differentiated and developed according to the clothes item and country.

• New & Renewable Energy
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• v.10 no.3
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• pp.31-38
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• 2014

The importance of energy is growing according to the energy shortage and environmental concerns. Accordingly, in order to solve the problems about the use of fossil fuel, a renewable energy sources are needed. Global renewable energy power industry's position in the renewable energy market becomes important and new technology development is also essential. MG set composed by the induction motor and permanent magnet synchronous generator for simulating a renewable energy source is based on a suitable experiment equipment. The torque generated by applying a voltage to the induction motor in MG set is used as an input of the permanent magnet synchronous generator. In Psim simulation, the characteristics of the induction motor model was formulated and the output torque characteristics of the motor was controlled using the induction motor side inverter, In this paper, the comparison analysis between Psim simulation and the output characteristics of the MG set is performed in order to identify a renewable energy power system more accurately.

• Journal of The Korean Society of Agricultural Engineers
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• v.48 no.3
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• pp.73-82
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• 2006

Wind energy is one of the promising renewable energies that could provide electricity and other mechanical power. Wind energy market is dramatically growing in many European countries, but wind power is only 0.2% of the total renewable energy uses that is only about 2% of the primary energy consumption in Korea. It is widely accepted that wind resources fur power generation are only limited in some areas including coastal regions and mountainous areas in Gangwon province in Korea, particularly in terms of large scale wind power developments. In this study, wind velocity data were analyzed with respect to the potential utilization. The data provided from National Weather Service were used for the analysis. In addition, field wind data were also collected and analyzed for the comparison between the national data. The comparison showed that there were significant differences between the experimental station and the national station that are about 5km away. Annual average wind speed at the experimental station was less than 2 m/s, which is not enough fur wind power generation. It seemed that the topographic condition resulted in a significant difference in wind speed. When 600 W and 2.5 kW wind turbines were used, annual power productions were only 186 kWh and 598 kWh, respectively. When the average wind speed is lower, wind pumping is an alternative use of wind. At the experimental station, the average pumping rate of $3m^3/h$ at the head of 3 m was expected at a 2.5 m rotor under the conditions that efficiencies of the rotor and the pump were 40% and 80%, respectively. It did not seem that the wind pumping was not applicable at the station either. A higher wind speed was required to install the wind machines. Meanwhile, wind pumping would be applicable in conditions with lower pumping heads. Other applications were introduced far further wind energy utilization, including wind powered ventilation and friction heat generation in greenhouses.