• 국제지역연구
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• 제12권2호
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• pp.3-26
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• 2008

본 논문은 호주 금융시장의 두 가지 시계열(ASX200 주가지수와 AUD/USD 환율)의 수익률 자료에 존재할 수 있는 장기기억 변동성 특성을 모형화하는 데 skewed Student-t 분포가 유용한지를 연구한다. 이러한 연구목적을 위하여 FIGARCH 및 FIAPARCH Value-at-Risk (VaR) 모형을 교란항에 대한 정규분포, Student-t 분포 및 치우친 Student-t 분포 가정하에서 평가한다. 실증분석 결과 skewed Student-t 분포 모형이 정규분포 모형이나 Student-t 분포 모형보다 호주 금융시장의 VaR을 더 정확하게 추정한다는 발견하였다. 따라서 자산 수익률 분포의 왜도 및 첨도를 고려하는 것은 호주 주식시장과 외환시장의 장기기억 변동성 모형을 검토할 때 적절한 모형선택 기준을 제공한다는 것을 알 수 있다.

• 만화애니메이션 연구
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• 통권36호
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• pp.619-641
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• 2014

애니메이션은 경제적 가치와 함께 문화콘텐츠로서 상호 관련국가 간의 정체성을 확립하는 중요한 기재이다. 따라서 21세기 글로벌 시장에서 한국의 애니메이션이 대표적 문화산업의 위상을 위해 기존의 교류의 폭을 확장시킬 필요성이 있다. 특히 지역적으로 편향되어 불균등하게 나타나는 문화적 교류를 극복하기 위해 한국과 문화교류가 활성화되지 않은 체코 애니메이션의 교류 확대 가능성을 타진하고 그 효율적인 방안을 제시하고자 했다. 체코는 지정학적으로 유럽의 중심지역에 있고 산업인프라 구축, 투자 상승, 인적 자원 등의 기반이 비셰그라드 권역 국가 중 뛰어난 여건을 갖추고 있다. 그리고 유럽권역과 아시아권의 문화 접변(cultural border-crossing) 현상이 두드러지는 지역이고 동 서 유럽의 문화 종교적 특성을 융합한 국가로써, 중부유럽의 중심역할을 이행하고 있는 문화 강국으로 나타나고 있다. 따라서 체코와 한국의 애니메이션 교류는 경제적, 문화적 가치가 높다. 특히 체코는 문화예술의 독창성이 뛰어난데 그 중 전통 인형극은 체코의 대중적 삶과 문화가 연계되어 있다. 체코는 이러한 인형극을 형식적으로 스톱모션의 퍼핏(puppet) 애니메이션 장르로 계승 발전했으며 또한 내용적으로 풍자의 힘을 적극 수용하여 대중적 기반뿐만 아니라 국제적 명성을 얻고 있는 애니메이션계의 강국의 면모를 갖추었다. 따라서 이러한 상호 국가 간의 애니메이션교류를 통하여 한국 애니메이션은 교류의 다양성을 확보할 수 있을 뿐만 아니라 1990년 정식 외교 관계의 수립 후 그동안의 미미한 문화교류를 다시 활성화시킬 수 있다. 나아가서 양국 간의 국제적으로 연대 관계를 구축할 수 있을 것이다. 한 체코 문화교류 및 활성화 방안으로 스톱모션 애니메이션 워크숍 등의 구체적 방안을 제안하고자 한다.

• 동아시아경상학회지
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• 제6권4호
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• pp.1-12
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• 2018

Purpose - This paper tests the effect of the structure of manufacturing and marketing subsidiary network on FX exposure of Korean MNEs. Furthermore, the moderating effect of pass-through ability on the relationship between the subsidiary network and FX exposure is explored. Research design and methodology - This study utilizes a sample of 309 Korean MNEs constructed from database offered by KOTRA and KIS-VALUE. Results - As operational flexibility arising from having operations in multiple locations provides an option for firms to tackle FX exposure, greater breadth of manufacturing subsidiary network reduces FX exposure, and greater depth increases FX exposure. However, both the breadth and depth of marketing subsidiary network decrease FX exposure due to the firm's higher level of market presence and knowledge to devise an appropriate marketing strategy that can buffer adverse exchange rate movement. Such an effect is intensified when MNE's have FX exposure pass-through ability stemming from differentiated good. Conclusions - Empirical findings suggest that types and structure of Korean MNEs' foreign subsidiary network are closely related to the level of FX exposure they are experiencing. Also, they can utilize marketing subsidiary network more efficiently when having a higher R&D intensity.

• 한국실내디자인학회:학술대회논문집
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• 한국실내디자인학회 2008년도 춘계학술발표대회 논문집
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• pp.82-85
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• 2008

A cosmetic shop in a department store is the best place in Korea's cosmetic market flow that shows the total image of each brand. The present day departmental cosmetic shops are centered around global brands and comparative brand power is competing with a small number of local brands. It is a fact that not only regarding the brand power of local brands but also the space design of their shops are different than the global brands. And, influenced by a modern society, culture, economic surrounding, the customers are getting original and individual. Their individualistic life style is demanding a shop environment with new concept. Such a sale environment is not for just product sale and a place where exchange economy of sale occurs. It is requisite for communication where total marketing strategy Is used In an active way. We must acknowledge it as a symbolic place being the ultimate site of customer oriented exchange economy showing the image of both product and the company. The aim of this plan is to set up a sale environment that will enhance the brand awareness and product value. We intended to provide purchase comfort and visual effect to the customer simultaneously with an Increase in customer attention by putting in the appropriate design requisites as per the brand specialty and by the application of a distinguished S.I.P (Store Identity Program) for the shop.

• The Journal of Asian Finance, Economics and Business
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• 제9권9호
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• pp.93-104
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• 2022

This study aims to investigate the factors that contribute to the sustainable development of 334 Vietnamese construction and real estate companies listed on the Stock Exchange of Vietnam over a 5-year period from 2016 to 2020. By using regression analysis with the support of STATA software through examining the financial statements, which involves looking into crucial ratios including capital structure, profitability, firm size, accounts receivable management, and tangible assets investment, this study sheds light on whether these accounting indicators could help predict the construction and real estate companies growing potential in the future. Nevertheless, these ratios slightly contribute to the explanation of the change in revenue growth ratio, with a result of 1.6%, indicating that the value relevance of accounting information provides a modest and insignificant effect on investment decisions. This is understandable because the Vietnamese construction and real estate market still has many shortcomings in handling unexpected events, as well as the industry's peculiarities related to major capital sources from bank loans. Based on this study, governmental authorities and business executives should plan appropriate risk management policies and measures to contribute to the sustainable development of construction and real estate companies.

• 기술혁신연구
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• 제10권1호
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• pp.98-123
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• 2002

This study develops a Korean R&D Scoreboard which has originated from the R&D Scoreboard in United Kingdom. The Scoreboard contains details of the R&D investment, sales, growth, profits and employee numbers for Korean companies which are extracted from company annual reports and key ratios calculated, with some movements over time. Companies are classified by the Korea Standard Industrial Classification. The Scoreboard contains 190 companies which consist of 100 largest companies and 30 middle-or small-sized firms listed in Korea Stock Exchange (KSE), and 30 ventures and 30 other firms listed in KOSDAQ. The overall company R&D intensity (R&D as a percentage of sales) is 2.1% compared to the international average of 4.2%. Korea has an unusually large R&D percentage of sales in IT hardware (4.9%) and telecommunication (3.7%). R&D intensity is positively correlated with company performance measures such as profitability, sales growth, productivity and market value. For largest companies listed in KSE and ventures listed in KOSDAQ, the ratio of operating profit to sales is greater for high R&D intensity companies. Sales growth is in proportion to R&D intensity for all companies. Plots of value added per employee or sales per employee vs R&D per employee rise together for the sectors studied, especially for the chemical sectors and automobile sectors, demonstrating a correlation with productivity. The average market value of high R&D companies in the KSE has risen more than 1.6 times that of the KOSPI 200 index. Given the correlation between R&D intensity and company performance and given that R&D is a smaller percentage of surplus (profits plus R&D) than international level (both overall and in several sectors), the challenges facing Korean companies are to maintain the leading position in IT hardware and telecommunication, and to increase the intensity of R&D in many medium-intensive R&D sectors where Korea has an average intensity well below international or US levels.

• 해운물류연구
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• 제34권4호
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• pp.677-694
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• 2018

해양은 도시와 연계되어 교류의 공간으로 활용되고 유기적 관계를 형성하며 인간과 친수 공간을 구성한다. 해양치유산업은 의료와 웰빙으로 삶의 질을 개선하는 융합 부분으로 부가가치를 창출하고 의료산업과 결합 되어가는 미래 산업이다. 해양치유산업의 정책 분석결과는 다음과 같다. 첫째, 해양치유산업 운영이 가장 높다. 종합 중요도는 제1순위가 해양친수공간에 해양치유산업 운영의 부분의 전문의료서비스 병원형이다. 해양치유시설 개발과 산림치유 연결성을 강화하는 내용으로 구성하고 의료기술의 고도의 전문화된 전문의료서비스 개발이 필요하다. 둘째, 제2순위는 해양치유산업 특성화에서 가치창조성이다. 해양치유효과에 대한 새로운 가치창조성을 위하여 의 신약학 연구개발 등 통합적이고 체계적인 정책이 진행되어야 한다. 셋째, 해양치유산업의 정책 개발을 위하여서는 세분화된 시장의 가능성을 탐색 할 필요가 있으며 본 연구는 세부항목에 관한 구체적 정책제안에 한계를 가지고 있다.

• International Journal of Advanced Culture Technology
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• 제8권1호
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• pp.128-134
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• 2020

The purpose of this study is to investigate the role and function of tokens to form a healthy blockchain-based ecosystem. Tokens must be constructed in a way that enhances their desired behavior to grow into a healthy token economy. The actions required of ecosystem participants in designing tokens should enable each individual to receive appropriate incentives (rewards) and encourage voluntary participation in taking this action. Also, all ecosystem participants must design to make the token ecosystem self-sustainable by generating profits. For example, in Bitcoin's proof-of-work method, mining is designed as a desirable behavior. Token-based services should be designed to induce multiple engagements, to design penalties for undesirable behavior, and to take into account evolutionary development potentials. Besides, the economic value of the entire token ecosystem will increase if the value that is designed and designed to take into account the revolutionary Innovation Possibility is greater than the reward amount paid to tokens. This study will contribute to presenting relevant service model by presenting how to design tokens and criteria when establishing blockchain-based service model. Future research is needed to discover new facts through a detailed comparative analysis between Tokennomics models.

• 한국IT서비스학회지
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• 제8권4호
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• pp.75-86
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• 2009

Unlike physical products, the distribution of digital content has involved many participants in all distribution phases from providers to consumers. The longer the distribution channel for services is, or the more participants that take part in it, the more the added value of the content increases. Consequently, the customer usefulness has been maximized. In order to enhance the values of digital content, it is utterly urgent to implement a service infrastructure that could be shared by all participants along the distribution path. Digital content is distributed from a creator to a final user through complex value chain stages. All the participants along the value chain exchange information about copyrights, marketing, and contents themselves, through the distribution channel. Recently, the more the distributed Information Technology environment has been widely used, the more the necessity of an identifier for digital content has been increased. In this paper, we examine the current status of the Korean distribution market of digital content, identify necessary distribution services of digital content, and establish a systematic roadmap to implement these services.

• 아태비즈니스연구
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• 제9권4호
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• pp.119-135
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• 2018

Currently, Korean firms are making a lot of effort to invest in research and development (R&D) by spending a lot of development costs in order to cope with the 4th industrial revolution. On the other hand, the capital market of Korea, which is the main source of funding, has caused a lot of cost of capital for firms by its reorganization mainly with safe assets in the experience of foreign exchange crisis at the end of 1997, the sub-prime mortgage crisis in 2007 and the bankruptcy of Lehman Brothers in September 2008. Thus, this study empirically analyzed the effect of development expenses on credit rating and firm value. The credit rating was measured by commercial paper(CP) credit rating which is sensitive for investors in terms of risk because it is issued only by the credit of the firms. Firm value was defined as Tobin's Q, which has been widely used in prior studies. The results of the analysis are summarized as follows; Firstly, development expenses did not affect credit rating. Development expenses are recognized as intangible assets for uncertainty of economic benefits and long-term investment. Thus, it seems that there is no effect of development expenses on CP credit rating as CP credit rating is evaluated by short-term credit rating.