• Title/Summary/Keyword: Private matching

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Venture Capital Activities and Financing of High-tech Ventures in Korea: Lessons from Foreign Experiences (벤처캐피탈 활동과 벤처기업의 자금조달: 해외 주요국으로부터의 교훈)

  • Kim, KyungKeun;Kutsuna, Kenji
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.9 no.1
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    • pp.33-50
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    • 2014
  • Though South Korea has world-class volume of Venture Capital Investment, as a share of GDP, early stage venture investments are still short, and investments are concentrated in high technology area and Capital area. Because of the high barriers to entry of the new IPO and M&A market, the venture capital companies undergo difficulties in profit. High-tech ventures face difficulties in raising money from outside investors due to information asymmetry between venture investors and venture companies. To resolve these problems, developed countries's government make a co-funding investment scheme with private sectors and design incentive mechanism such as receiving knowledge of the reputable investors' joint venture. Korean central and local government can benchmark those of things. For example, the expansion of the investment volume with private sector, region-specific matching fund and venture capital's exit path diversification such as M&A through the establishment of a business venture eco-system. At the same time, venture companies are to make an efforts to enhance the ability of screening for venture companies and the value for investment activities through a joint venture investments.

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Design and Implementation of Virtual and Invisible Private Disk (VIPDISK) having Secure Storage Device (보안 저장장치를 구비한 가상의 인비저블한 보안 디스크 (VIPDISK) 설계 및 구현)

  • Quan, Shan Guo;Kwon, Yong-Gu
    • Journal of the Korea Institute of Information Security & Cryptology
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    • v.25 no.4
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    • pp.781-792
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    • 2015
  • This paper proposes a virtual and invisible private disk (VIPDISK) technology equipped with the secure storage devices. As a software based security technology, it can create hidden partitions on any data storage device which can not be identified by the windows OS, so the program running on it, does not have any evidence of the existence of the hidden storage space. Under inactive state, it maintains an unexposed secure partition which can only be activated with a matching combination of a unique digital key and a user password to open the decryption tool. In addition, VIPDISK can store data to secure storage device with real-time encryption, it is worry-free even in the case of lost or theft. Simulation results show that VIPDISK provides a much higher level of security compared to other existing schemes.

A Study on the Types of Private EduTech Content for establishment of integrated platform of K-EDU - In conjunction with future teaching-learning methods and learning types - (K-에듀 통합플랫폼 구축을 위한 민간 에듀테크 콘텐츠의 유형에 관한 연구 - 미래 교수-학습 방법 및 학습유형과 연계하여 -)

  • Ha, Ho-Sung;Lee, Jae-Lim
    • The Journal of Sustainable Design and Educational Environment Research
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    • v.20 no.3
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    • pp.11-24
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    • 2021
  • The purpose of this research is to investigate the current status of edu-tech trends and contents of domestic and foreign private companies in order to successfully establish the K-EDU integrated platform, analyze the connection between future teaching-learning methods and learning styles, and provide basic materials to help frontline schools easily link teaching-learning methods to the most suitable contents per subject. To this end, a literature survey and on-site interviews with officials from companies participating in the 2021 Education Fair provided results of investigating 116 edu-tech contents produced by a total of 68 companies, including 22 overseas (28 contents) and 46 domestic (88 contents) ones, on whether they mutually match future teaching-learning methods and learning styles.

Untact-based elevator operating system design using deep learning of private buildings (프라이빗 건물의 딥러닝을 활용한 언택트 기반 엘리베이터 운영시스템 설계)

  • Lee, Min-hye;Kang, Sun-kyoung;Shin, Seong-yoon;Mun, Hyung-jin
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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    • 2021.05a
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    • pp.161-163
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    • 2021
  • In an apartment or private building, it is difficult for the user to operate the elevator button in a similar situation with luggage in both hands. In an environment where human contact must be minimized due to a highly infectious virus such as COVID-19, it is inevitable to operate an elevator based on untact. This paper proposes an operating system capable of operating the elevator by using the user's voice and image processing through the user's face without pressing the elevator button. The elevator can be operated to a designated floor without pressing a button by detecting the face of a person entering the elevator by detecting the person's face from the camera installed in the elevator, matching the information registered in advance. When it is difficult to recognize a person's face, it is intended to enhance the convenience of elevator use in an untouched environment by controlling the floor of the elevator using the user's voice through a microphone and automatically recording access information.

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The Research of Security Vulnerabilities of Smartphone (스마트폰 보안 취약 요소에 따른 분석 연구)

  • Choi, Hee Sik;Cho, Yang Hyun;Joo, Heon Sik
    • Journal of Korea Society of Digital Industry and Information Management
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    • v.9 no.3
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    • pp.119-127
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    • 2013
  • The merits of Smartphone are portability, convenience and especially a lot of information can be stored in the device. Especially in Smartphone, users can install programs that cannot install to normal cell phone and users can use many different services through these Smartphone programs. Also Smartphone can connect to Internet through network, so it can access information anytime, anywhere easily. Security of personal information and variety of information which stored in Smartphone are in risk. In Chapter 2 of thesis, it will discuss the definition and features of the Smartphone and market trends. In Chapter 3 of thesis, it will discuss security vulnerabilities of Smartphone and it will analyze and research security vulnerabilities of Smartphone in Chapter 4. In conclusion, it will check users' identification twice in useful application especially application that relate to finance and mobile payment. By checking users' identification several times, it will help to defend from security threats. Users can use Smartphone safely and convenience by know how to prevent from mobile hacking for personal and private information. the quality of APIs matching by the clustering and hierarchical relationships mechanism.

Implementation of Sensor Observation Service Prototype for Interoperable Geo-Sensor Networks in Korean Land Spatialization Program

  • Park, Jae-Min;Choi, Won-Ik;Kwon, Dong-Seop;Jung, Yeun-J.;Park, Kwan-Dong
    • Journal of Korea Spatial Information System Society
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    • v.11 no.2
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    • pp.63-72
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    • 2009
  • Korean Land Spatialization Program (KLSP) is an R&D program of the National GIS Project for developing ubiquitous GIS technologies under the control of the M inistry of Land, Transport and Maritime Affairs (M LTM). The first program of the KLSP, which lasts from 2006 to 2012, initiated with $132 million of national funds and $42 million of private matching funds. Aiming to develop the 'Innovation of GIS technology for ubiquitous Korean land', the KLSP consists of five core research projects and one research coordination project to practically utilize and commercialize the results of core research projects. The Korean Land Spatialization Group (KLSG) is planning the KLSP Test-Bed for testing, integrating, and exhibiting the KLSP's outcomes. About 40% of the outcomes are related products to geo-sensor and wireless sensor network (W SN). Thus, interoperable, scalable and web accessible frameworks like an OGC SWE (Open Geospatial Consortium Sensor Web Enablement) are mandatory because some of the products must be connected to each other in a KLSG Test-Bed. The main objective of this paper is to introduce the KLSP Test-Bed and the SWE SOS (Sensor Observation Service) prototype, which is developed for interoperable geo-sensor networks of the KLSP.

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Drug Resistance Rate of New Pulmonary Tuberculosis Patients Treated from the Private Sector in 2003~2005 (2003~2005년도 민간 병의원 신환자에서 분리된 결핵균의 항결핵약제 내성률)

  • Park, Young Kil;Park, Yoon Sung;Bai, Jeong Ym;Kim, Hee Jin;Lew, Woo Jin;Chang, Chul Hun;Lee, Hee Kyung
    • Tuberculosis and Respiratory Diseases
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    • v.64 no.2
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    • pp.87-94
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    • 2008
  • Background: Surveillance of TB drug resistance (DR) is essential for providing information on the magnitude and trends in resistance, for developing treatment guidelines and for monitoring the effect of interventions. Up to now national surveys of drug resistance of M. tuberculosis have been conducted four times since 1994 among patients registered at health centers. The purpose of this study is to estimate the prevalence of primary drug resistance among new cases identified in private sector, and to compare it with the previous national drug resistance surveys. Methods: The study collected results of drug susceptibility testing (DST) performed at the Korean Institute of Tuberculosis by the request of private sector from January 2003 to December 2005, and then finally selected new cases for the analysis from the database of Korean TB Surveillance (KTBS) by matching patients' name and social identification numbers. Results: Of the 5,132 new patients included in the study, 689 (13.4%) patients were found to have drug resistance at least one drug, 530 patients (10.3%) were isoniazid resistant, 195 patients (3.8%) were multi-drug resistant (MDR), and 21 patients (0.4%) were extensively drug resistant (XDR). The rate of drug resistance tended to decrease annually but it was not statistically significant. When compared with previous national DR surveys in 2003 and in 2004 respectively, they were not significantly different. Conclusion: The prevalence of DR among new cases managed in the private sector did not show significant difference from that of new patients registered in the public sector in the same year.

A Study on the Construction of Near-Real Time Drone Image Preprocessing System to use Drone Data in Disaster Monitoring (재난재해 분야 드론 자료 활용을 위한 준 실시간 드론 영상 전처리 시스템 구축에 관한 연구)

  • Joo, Young-Do
    • The Journal of the Institute of Internet, Broadcasting and Communication
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    • v.18 no.3
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    • pp.143-149
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    • 2018
  • Recently, due to the large-scale damage of natural disasters caused by global climate change, a monitoring system applying remote sensing technology is being constructed in disaster areas. Among remote sensing platforms, the drone has been actively used in the private sector due to recent technological developments, and has been applied in the disaster areas owing to advantages such as timeliness and economical efficiency. This paper deals with the development of a preprocessing system that can map the drone image data in a near-real time manner as a basis for constructing the disaster monitoring system using the drones. For the research purpose, our system is based on the SURF algorithm which is one of the computer vision technologies. This system aims to performs the desired correction through the feature point matching technique between reference images and shot images. The study area is selected as the lower part of the Gahwa River and the Daecheong dam basin. The former area has many characteristic points for matching whereas the latter area has a relatively low number of difference, so it is possible to effectively test whether the system can be applied in various environments. The results show that the accuracy of the geometric correction is 0.6m and 1.7m respectively, in both areas, and the processing time is about 30 seconds per 1 scene. This indicates that the applicability of this study may be high in disaster areas requiring timeliness. However, in case of no reference image or low-level accuracy, the results entail the limit of the decreased calibration.

The Signaling Effect of Government R&D Subsidies on Inducing Venture Capital Funding (스타트업 대상 정부 R&D 지원금의 벤처 투자 유도 효과)

  • Hong, Seulki;Bae, Sung Joo
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.17 no.6
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    • pp.39-50
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    • 2022
  • Based on the signaling theory, this study examined whether startups are more likely to attract venture investment when receiving government R&D subsidies. First, we reviewed previous studies of the investment decision-making process of venture capitalists and understood the conditions that influence investment decisions. Based on previous studies on the signal effect of government subsidies, particularly government R&D grants, on inducing private fund investment, this study revealed a mechanism to induce venture investment by startups. In addition, in order to verify whether government R&D subsidies have the effect of inducing venture investment, an empirical analysis was conducted based on data from startups under seven years and certified as a venture companies in 2021. This paper used PSM(Propensity Score Matching) method and DID(Difference In Difference) analysis for an empirical study to analyze the average treatment effect on the treated group(beneficiary startups of government R&D grants). As a result of empirical analysis, companies that receive more government R&D subsidies after starting a business are more likely to attract venture investment. From two to three years after conducting the first government R&D project, startups that received government R&D grants attracted more venture investment than those that did not. The results of this paper demonstrate that government R&D projects can also affect the venture investment ecosystem, giving policy implications to government R&D projects targeting startups. It is also expected to suggest strategic implications to startups that need new funding.

Performance Evaluation Model for Public-Private Partnership Projects - with Reference to BTO (Build-Transfer-Operate) Road Projects - (민간투자사업 성과평가 모델 개발 및 적용 - 도로 부문 사업을 중심으로 -)

  • Park, Hyeon;Park, Inseok;Lee, Shin
    • Korean Journal of Construction Engineering and Management
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    • v.19 no.2
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    • pp.83-95
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    • 2018
  • The aim of this paper is to develop a performance evaluation model for PPP (Public-Private Partnership) projects that appropriately reflects the important traits that are unique to PPP projects. To this end, 1) it defines a set of distinct perspectives involved in the PPP projects and their associated success factors that might differ amongst the perspectives; 2) it identifies the key performance indicators and suggests the performance evaluation criteria for each indicator; and 3) it builds a performance evaluation model by matching the success factors from each perspective with performance measure criteria as well as applies the model to the two selected BTO road projects in Korea. The process of model construction and its application confirms significant differences between the main stakeholder perspectives typically involved in PPP projects, which highlights the need for an evaluation model tailored for PPP projects by taking into account the distinct perspectives. The results from the PPP evaluation model developed in the study is compared against the results from the existing ex-post evaluation model for construction projects in general. The former shows a closer match with the results from the user satisfaction survey conducted. This new evaluation framework and the performance indicators entailed in it permits a balanced evaluation of PPP projects as it takes into account different perspectives involved in PPP projects as well as an understanding of the factors affecting the success of PPP projects. While the construction of the model is based on transport projects, it is applicable to different types of PPP projects through variation with the weight allocation amongst different success factors and/or additions or other adjustments to the performance evaluation criteria as required.