• Title/Summary/Keyword: Private Model

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Business Model Change in Asset Management (금융자산 관리모델의 변화에 관한 연구)

  • Ryu, HyunWook
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.18 no.9
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    • pp.251-257
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    • 2017
  • Private banking, which is a part of the financial services industry, is an investment advisory business targeting high-net-worth individuals (HNWIs). The demand for asset management services, which isexpanding in the world market as well as in the Asia-Pacific region, is rapidly increasing in Korea as the low-growth, low-interest environment has stabilized. In Korea, the private banking business is ahead of growth, and the evaluation and compensation system of playing institutions remains a challenge. While the aging of the population increases the demand for services, the increasing competition and regulations have decreased the profit margins in the industry. In this paper, a business model is derived from a professional service quality model. Modular advisory services, value-proposition through sophisticated services, and investment expertise with increased clarity would help wealth management firms pursue their opportunities. By interviewing the experts of wealth management banks, this study constructsa business model with elements derived from a relevant literature review. The contribution of this research is to enable these institutions to understand the key factors affecting their financial performances, in order to improve them. This study is limited by one of the research models, and it will be necessary to conduct an empirical test in the future.

정부 R&D 투자와 민간 R&D 투자의 인과관계 분석

  • Yu, Seung-Hun
    • Journal of Technology Innovation
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    • v.11 no.2
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    • pp.175-193
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    • 2003
  • The purpose of this study is to examine relationship between public R&D investment and private R&D investment in Korea, and to obtain policy implications of the results. To this end, the author attempts to provide more careful consideration of the causality issues by applying rigorous techniques of Granger causality. Tests for unit roots, co-integration, and Granger causality based on an error-correction model are presented. The existence of bi-directional causality between public R&D investment and private R&D investment is detected. This finding has various implications for policy analysts and forecasters. Increasing private R&D investment requires enormous public R&D investment, though there are many other factors contributing to private R&D investment, and public R&D investment is but one part of it. Thus, this study generates confidence in decisions to invest in public R&D. Moreover, this study lends support to the argument that increase in private R&D investment, ceteris paribus, gives rise to public R&D investment. Increase in private R&D investment results in greater national income to be spent on R&D investment and stimulates further public R&D investment.

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A Quantitative Assessment Model of Private Information Breach (기업의 개인정보 유출로 인한 경제적 피해규모 산출방법)

  • Han, Chang-Hee;Chai, Seung-Wan;Yoo, Byung-Joon;Ahn, Dae-Hwan;Park, Chae-Hee
    • The Journal of Society for e-Business Studies
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    • v.16 no.4
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    • pp.17-31
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    • 2011
  • Damage caused by private information breach causes serious problems and huge social losses. In order to make a better policy that prevents society from suffering from the damage, we have to know about the actual size of damage. So it is needed to develop a quantitative model of private information breach that helps catching the more accurate size of damage. In our study, we suggest a method which calculate not only the costs of damage from firms' perspective but also those from individual and social perspectives. In this process, we refer to methods adopted by JNSA(Japan Network Security Association) and Ponemon Research Institue and modify it with considering our current situation. Also we try to make a new model by using new methods(web traffic analysis, survey, indirect comparison, etc.) and verify it with theories and methods from econometrics, cost accounting and theory of producer.

Privacy ; Concept and Estimation Model in Outdoor Space Design (외부공간 설계에 있어 "프라이버시" 개념의 응용 및 측정"모델"의 개발에 관한 연구)

  • 엄붕훈
    • Journal of the Korean Institute of Landscape Architecture
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    • v.23 no.1
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    • pp.95-109
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    • 1995
  • All human spatial behavior and psychological stress are affected by the 'Privacy'of each space. This Paper deals with the theoretical review of 'privacy'concept and establishment of 'Privacy Model' that can be a useful design tool. 'Privacy Index(Pl)' model of 10 point scale, which is based on 'Hierarchic system of Privacy' in urban spaces by Chermeyeff and Alexander(1963), was established as a hypothetical model in this study. And'Activity Suitability', based on each hierarchy of primacy level, was investigated at each site to construct the validity of 'Privacy Model'. Total 67 sites were investigated by on.-site questionnaire in 3 types of outdoor spaces, (Park), (Campus), and (Garden) respectively. The major results are as follows; 1. The P7rivacy level of earth spaces, distributed from to in and . and (Groun Private> spaces are dominant In , spaces are dondnant 2, Privacy level, based on , showed higher privacy level than that of . This means the criteria of each privacy level should be modified for more specific space. The . could be derived from the (Activity Suitability) of each space. 3.The cognition of privacy level. by user group, showed no significant difference in dach group by sex, age, education, and job, respectively.

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A Study on the Self-destructing Data for Information Privacy (개인정보 보호를 위한 데이터의 자가 초기화에 대한 고찰)

  • Kim, Jonguk;Kang, Sukin;Hong, Manpyo
    • Journal of the Korea Institute of Information Security & Cryptology
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    • v.23 no.4
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    • pp.629-638
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    • 2013
  • Recently the interest in the information privacy has been growing. Digital data can be easily transferred via Internet. Service providers ask users for private data to give customized services. Users believe that their shared data are protected as they deliver their private data securely. However, their private data may be leaked if service providers do not delete or initialize them when they expire. The possibility of information leak may lower if the service providers deal with users' private data properly. In this paper, we study the self-destruction of private data for information privacy and propose the glass-box model.

The Research of Difference between Public and Private Section : Sort by Region in China (공공기관과 민간기업의 소득격차에 관한 연구 : 중국 지역별 격차를 중심으로)

  • Kim, Yeonggil;An, Qinrui;Kim, Soowook
    • Journal of the Korean Operations Research and Management Science Society
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    • v.40 no.1
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    • pp.139-154
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    • 2015
  • This paper uses the Heckman model to evaluate the income difference between the public sector and the private sector based on the CHNS data. The research finds that the difference of the public sector versus the private sector between the west area and the east area is about 10% from 1989 to 2000, the transition of the income difference is smooth, that data has made sharp increase to 32% from 2000 to 2011. Considering the income difference between the west area and the central area, the central area and the east area from 1989 to 1997, the data is about 10~15%, from 2000 to 2011 is rocketing time, the data reaches 20%. This paper is very revealing about the income difference ofthe public sector versus the private sector is increasing year after year, and the economy is developing rapidly but with imbalance among different areas in China. It would provides the reference for adjust the income distribution system in future.

Attitude toward the Increasing Role of Private Health Insurance (민간의료보험 활성화에 대한 인식과 그에 영향을 미치는 요인)

  • Park, Ki-Hong;Kwon, Soon-Man
    • Health Policy and Management
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    • v.19 no.1
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    • pp.62-80
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    • 2009
  • The purpose of this study was to examine the factors influencing the attitude toward the increasing role of private health insurance(PHI). In the Korea Welfare Panel Data 2007, a sample of 1,675 (adjusted by weight value: 1,607) respondents on an opinion on promoting PHI was used in the study. With independent variables including socio-demographic characteristics, health status, health-related behavior, and opinions on welfare service, ordered-probit model was used to analyze the attitude toward PHI. Negative opinion on the increasing role of PHI were responded by 54.6%(n=877) of the respondents, whereas 22.2%(n=373) were positive and 23.2%(n=357) were neutral. Old people, the better off, those with worse self-assessed health status, and those having an experience of health examination tend to have the positive attitude toward the increasing role of PHI. Women, those with chronic diseases or disorders and those who do not agree that comprehensive welfare benefits reduce work incentive showed negative attitude toward PHI. When comparing the needs for PHI before and after medical utilization, ex-ante need tends to strengthen the tendency to support private health insurance. This study will contribute to the discussion on the optimal mix of public and private health insurance in Korea by a better recognition of attitude toward PHI and health care system.

A Study on Certificate-based Personal Authentification System for Preventing Private Information Leakage through Internet (개인정보 유출 피해 방지를 위한 공인인증서 기반 인터넷 개인인증체계 개선 모델에 관한 연구)

  • Lee, Jung-Hyun;Kwon, Hun-Young;Lim, Jong-In
    • Convergence Security Journal
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    • v.10 no.4
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    • pp.1-11
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    • 2010
  • Recently, We have many private information leakage cases through internet which cause social problems and it is impossible to change or update the leaked information, it is also used to the third crime such as identity theft, internet fraud. Hackers are interested in stealing private information for making money, in this point private information leakage problems are constantly increased hereafter. In this paper, I surveyed the authorization model on site registration which is currently used in Korea, and the problem of collecting personal identification number, I proposed policy model of useless method of private information, especially leaked information can not be used anymore in internet.

The Customer Satisfaction Index Model: An Empirical Study of the Private Healthcare Sector in Malaysia

  • ARIFFIN, Ahmad Azmi M.;ZAIN, Norhayati M.;MENON, Bama V.V.;AZIZ, Norzalita A.
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.1
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    • pp.93-103
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    • 2022
  • The main purpose of this study was to gauge the patient satisfaction index and subsequently discuss the Importance-Performance (IP) matrix analysis of the inpatient services in the context of the private hospital setting. The Malaysian Customer Satisfaction Index Model was employed as the theoretical framework for the above purposes. This study involving 242 patients in Malaysian's private healthcare sector used a Web-based survey as the main method of data collection. Partial least square structural equation modeling (PLS-SEM) was utilized for data analysis. Using Fornell et al. (1996)'s formula, the resulting patient satisfaction index was slightly lower than the "very satisfied" category, the target level required for positioning as one of the world's premier medical tourism players. The IP matrix showed that medical quality is the main competitive advantage of the private hospitals that can propel their growth in the global healthcare marketplace. The results also indicate that outcome quality, patient rights, and privacy, and service quality are the three quality domains that need to be prioritized for further improvement. On the other hand, the servicescape quality domain needs to be strategized as the unique selling proposition as the performance of the private hospitals in this regard is already extremely good.

The Effect of Private Health Insurance Coverage Reduction on the Korean Medicine Utilization (실손형 민간보험의 비급여 보장축소가 한방의료이용에 미친 영향)

  • Park, Minjung;Ko, Seong-Gyu
    • Journal of Society of Preventive Korean Medicine
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    • v.19 no.3
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    • pp.57-66
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    • 2015
  • Objective : Private health insurance coverage in Korean medicine has been reduced since October 2009 for preventing unnecessary utilization. The aim of this study is to identify how private health insurance coverage reduction affects on the Korean medicine utilization. Method : We analyzed the Korea Health Panel data from 2008 to 2012. Panel negative binominal regression model was used to analyze the relationship between private health insurance coverage reduction and utilization of outpatient service. Panel tobit regression analysis was used to identify the relationship between private health insurance coverage reduction and health expenditure of outpatient service. Results : Private health insurance coverage reduction significantly dropped both utilization and health expenditure of outpatient service by 9%, 9.22% respectively. In addition, therapeutic utilization significantly decreased up to 10%. Conclusion : Private health insurance coverage reduction seems to have an effect to reduce both utilization and the health expenditure of Korean medicine outpatient service. This effect was more noticeable in the therapeutic utilization. Thus, more elaborate policy will be needed to prevent unnecessary utilization of Korean medicine.