• 제목/요약/키워드: Open Market

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The Data Sharing Economy and Open Governance of Big Data as Public Good

  • LEE, Jung Wan
    • The Journal of Asian Finance, Economics and Business
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    • 제8권11호
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    • pp.87-96
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    • 2021
  • Data-driven markets depend on access to data as a resource for products and services. Since the quality of information that can be drawn from data increases with the available amount and quality of the data, businesses involved in the data economy have a great interest in accessing data from other market players and sharing data with other stakeholders. Despite the growing need for access to data and evidence of the economic and social benefits, data access and sharing remains below its potential. Individuals, businesses, and governments often face barriers to data access, which may be compounded by the reluctance to share, including within and across sectors. To address these challenges, this paper focuses on finding possible solutions for a better data-sharing economy. This paper 1) Discusses opportunities and challenges of open data and the data-sharing economy, limitations of private sector data, and issues with open government data. 2) Introduces open government data initiatives and open governance networks initiatives. 3) Suggests possible solutions, including the governance and management, the legal and policy frameworks, and the technical standards for open data with proposing an open data governance model for the data-sharing economy.

Chinese Construction Market for Foreign Construction Enterprises using SWOT

  • Zhi, Wang En;Woo, Moon Sung
    • Journal of Construction Engineering and Project Management
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    • 제4권2호
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    • pp.23-30
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    • 2014
  • The remarkable growth of China's economy over the past several decades has obtained tremendous achievements. The construction industry play a leading role un this rapid economic expansion. And China's huge construction market gives it great economic influence around the world, it has attracting many enterprises to entry, although many enter barriers and market risks exist. However many construction enterprises have not doing well, especially foreign construction enterprises are not doing as well as we thought in the Chinese construction market. Although China's construction market has great development and become increasingly open, foreign investors and contractors now have much broader access to the Chinese construction market than before. But nonetheless, there are a wide range of practical problems that bring potential risks for them to invest in China. This paper aims to identify foreign construction enterprises' position by understanding the local market environment, and adopt he SWOT analysts Identifies the foreign construction enterprises' strengths, weaknesses, opportunities, and threats in the Chinese construction market, to Proposes appropriate Strengths-Opportunities (SO), Weaknesses-Opportunities (WO), Strengths-Threats (ST) and Weaknesses-Threats (WT) strategies to make the foreign construction enterprises movling forward.

변동성위험프리미엄을 이용한 일중변동성매도전략의 수익성에 관한 연구 (Profitability of Intra-day Short Volatility Strategy Using Volatility Risk Premium)

  • 김선웅;최흥식;배민근
    • 경영과학
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    • 제27권3호
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    • pp.33-41
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    • 2010
  • A lot of researches find negative volatility risk premium in options market. We can make a trading profit by exploiting the negative volatility premium. This study proposes negative volatility risk premium hypotheses in the KOSPI 200 stock price index options market and empirically test the proposed hypotheses with intra-day short straddle strategy. This strategy sells both at-the-money call option and at-the-money put option at market open and exits the position at market close. Using MySQL 5.1, we create our database with 1 minute option price data of the KOSPI 200 index options from 2004 to 2009. Empirical results show that negative volatility risk premium exists in the KOSPI 200 stock price index options market. Furthermore, intra-day short straddle strategy consistently produces annual profits except one year.

A Study on Validity of New Mobile Policies in Korea

  • Yang, Je-Min;Park, Jae-Chon
    • International Journal of Contents
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    • 제6권3호
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    • pp.59-64
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    • 2010
  • The world mobile service is growing sharply and became bigger market than wired. So it is very needed to find the political way to promote mobile industry. The United States government recently decided to introduce new mobile policies for promoting mobile industry. Until now the telecommunications policies of the United States have affected policy developments for many countries including Korea. In this context, we studied the validity of introducing new mobile policies of the United States in Korea. We found that new mobile policies can cause the change of mobile market environment; mobile market power will be dispersed from network to content, application and devise, and new mobile market environment where consumers freely select and use network as well as content, application and devise will be made. Also we found empirically that if new policies are introduced in Korea, mobile industry will be promoted as Korean consumers use mobile services and goods quite actively in new mobile market. We think our results provide reasonable evidence to introduce new mobile policies in Korea.

Recent Issues of LED BLU (LED LCD TV)

  • Kim, Cha-Yeon
    • 한국정보디스플레이학회:학술대회논문집
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    • 한국정보디스플레이학회 2009년도 9th International Meeting on Information Display
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    • pp.71-71
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    • 2009
  • Recently several LCD TV makers including Samsung, LG and Sony actively have released LED LCD TV models on market. LED LCD TV is just which applied LED BLUs so that its color contrast ratio fairly enhance up to 1 million:1 and its thickness minimize to a few mm. Even this aspect seems somewhat to be each panel maker's strategies for prior market occupations on whole TV market. Without regard to the reasons, we do obviously meet a new era of technically advanced LCD TV. However we have still lots of problems or issues which we must overcome technically including LED chip/packaging process, secondary optics treatment, heat managements and cost reduction issues. Here I would like to forecast market volume and trend of LED LCD TV first and then discuss above almost of technical issues and suggest their possible solutions. Even these solutions looks better technologies and if they may increase production cost significantly, we will not prefer to choice that technology since lower cost policy can open the market. Finally I'm trying to suggest how well LED, as future light source, can apply to future LCD TV technologies.

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외국인 및 기관투자자의 순매수강도와 주식수익률 간의 관계 (The Relation between Net Purchase of Foreign and Institution Investors and Expected Returns in the Korea Stock Market)

  • 김수경;변영태
    • 경영과정보연구
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    • 제30권4호
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    • pp.23-44
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    • 2011
  • 본 논문은 우리나라 주식시장을 대상으로 2003년 1월 2일부터 2011년 4월 30일까지 일별자료를 이용하여 외국인 및 기관투자자의 순매수강도가 주식수익률에 영향을 미치는 지에 대해 금융위기 전 후로 구분하여 분석하였다. 우선 t일의 close to close 수익률은 전체기간에 대해 t-1일의 외국인 및 기관투자자의 순매수강도에 의해 통계적으로 유의하게 음(-)의 영향을 받았으며, 동시차에서는 양(+)의 방향으로 영향을 받는 것으로 나타났다. 하위기간인 금융위기 전 후에 대한 분석에서도 전체기간과 별다른 차이점은 발견되지 않았다. close to open 수익률을 이용한 분석에서는 전체기간과 하위기간 모두에 대해 t-1일의 외국인 및 기관투자자의 순매수강도는 t일의 close to open 수익률에 양(+)의 영향을 미치는 것으로 나타났다. 마지막으로 open to close 수익률을 이용한 분석에서 전체기간의 경우 t-1일의 외국인 순매수강도라는 정보는 당일의 시초가가 형성된 이후에 영향력이 사라지는 것으로 나타났고, 기관투자자의 순매수강도는 시초가 형성 이후에 음(-)의 영향을 준다는 사실이 발견되었다. 본 연구에서는 close to close 수익률을 close to open와 open to close 수익률로 분해하여 분석함으로써 외국인 및 기관투자자의 투자행태가 주식수익률에 미치는 영향에 대해 보다 구체적인 결과를 얻을 수 있었다.

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의료기기 공용기술 활용 촉진을 위한 개방형 의료기기 플랫폼 개발 및 구현 (Development and Implementation of an open Medical Device Platform)

  • 김대관;홍주현;이효진
    • 대한임베디드공학회논문지
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    • 제16권6호
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    • pp.313-321
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    • 2021
  • The global market for medical devices is huge, and it will continue showing remarkable growth in the future. However, due to the entry barrier to develop medical devices, many domestic companies have technical problems in entering the medical device industry. In this paper, we introduce an open platform that can help with research and development for companies in the healthcare industry. This open platform consists of a hardware part and a software part. A hardware part is combined into CPU, base and other modules that are easy to replace and assemble. A software part is based on application software for development developed by Bionet. We test the performance of the open medical device platform using a biosignal processing algorithm.

The Effect of Technology and Open Innovation on Women-Owned Small and Medium Enterprises in Pakistan

  • MEHTA, Ahmed Muneeb;ALI, Asad;SALEEM, Hina;QAMRUZZAMAN, Md.;KHALID, Rimsha
    • The Journal of Asian Finance, Economics and Business
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    • 제8권3호
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    • pp.411-422
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    • 2021
  • Technological adaption and innovative activities foster small and medium enterprises (SMEs) growth, especially women-owned SMEs in Pakistan, However, the impact of technological adaption and innovative activities on SMEs growth in the context of Pakistan has been examined by very researchers. This study aims to identify the effect of technology and open innovation policies on the growth of women-owned SMEs and the present trends and management challenges for successful full implementation of open innovation. The study considered a sample of 693 women enterprises located in different cities in Pakistan. Open innovation is measured through eight innovative practices, reflecting the exploration and exploitation of technology in SMEs. Study findings revealed that women enterprises were involved in several open innovation policies during the last five years. Moreover, the study indicated no significant differences between manufacturing and service SMEs regarding open innovation practices; however, women enterprises are more impressively engaged in open innovation practices. Findings also reveal that women-owned SMEs follow open innovation, mainly for market-related intentions, to compete with competitors and meet customers' demands. Thus, it is suggested that government policy relating to thriving SMEs owned by women should be innovation-oriented. The study contributes to the theoretical and practical implications. Further, the study is helpful for SMEs, researchers, practitioners, and decision-makers.

고추수확기 개발을 위한 기초연구 (A Fundamental Study for Development of a Pepper Harvester)

  • 이종호;박승제;김철수;이중용;김용현
    • Journal of Biosystems Engineering
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    • 제18권2호
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    • pp.110-121
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    • 1993
  • Pepper has been the second important income source of Korean farmer. Provided the agricultural market in Korea is opened, pepper of which price is more than three times of the world market price can not survive with current cultivation practice. Pepper harvesters have been developed in some countries but, they are not feasible in Korea due to difference of varieties, cultivation practice and climate between Korea and other countries. This is a fundamental study to develop a pepper harvester suitable to the current situation in Korea. Physical properties of a pepper plant and its fruit were investigated. Also, a pair of open helices was selected as a pepper removing mechanism and tested to determine the best operating conditions. This study revealed that a pepper harvester with more than 90% of pepper recovery is attainable. Best rotating speed of open helices with 30cm diameter and conveying velocity of pepper main stem were determined to be 180 rpm and 0.1 m/s respectively.

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Power System Sensitivity Analysis for Probabilistic Small Signal Stability Assessment in a Deregulated Environment

  • Dong Zhao Yang;Pang Chee Khiang;Zhang Pei
    • International Journal of Control, Automation, and Systems
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    • 제3권spc2호
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    • pp.355-362
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    • 2005
  • Deregulations and market practices in power industry have brought great challenges to the system planning area. In particular, they introduce a variety of uncertainties to system planning. New techniques are required to cope with such uncertainties. As a promising approach, probabilistic methods are attracting more and more attentions by system planners. In small signal stability analysis, generation control parameters play an important role in determining the stability margin. The objective of this paper is to investigate power system state matrix sensitivity characteristics with respect to system parameter uncertainties with analytical and numerical approaches and to identify those parameters have great impact on system eigenvalues, therefore, the system stability properties. Those identified parameter variations need to be investigated with priority. The results can be used to help Regional Transmission Organizations (RTOs) and Independent System Operators (ISOs) perform planning studies under the open access environment.