• Journal of Korea Trade
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• v.25 no.1
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• pp.65-88
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• 2021

Purpose - This paper aims to examine the determinants of SWFs' investment in Asian countries and to identify consistent investment patterns of SWFs in specific target firms from Asia, particularly China and South Korea. Design/methodology - This study extends the Tobin's Q model to examine the relationship between SWF investments in target firms and their returns with other firm-level control variables. We collect consistent data on SWF investments and the matched firm-level data on target firms, which of observation is 1,512 firms (333 in South Korea and 1,179 in China) targeted by 20 SWF sources during 1997-2017. The panel random effect model is used to estimate the extended Tobin's Q model. The robustness of the estimations is tested by the simultaneous equation models and the panel GEE model. Findings - The evidence shows that sovereign wealth funds are more inclined to invest in the financial sector with a monopoly position and in large firms with higher growth opportunity and superior cash asset ratios in China. In contrast to their investments in China, sovereign wealth funds in South Korea prefer to invest in strategic sectors, such as energy and information technology, and in large firms with high performance and low leverage. Sovereign wealth funds' investments tend to significantly improve the target firm's performance measured by sales growth and returns in both Korea and China. Originality/value - The existing literature focuses on examining the determination of SWFs investment in the developed countries, such as Europe and the United States. Our paper contributes to the literature in three ways; first, we analyzes case studies of SWF investments in Asian markets, which are less developed and riskier. Second, we examine whether the determination of SWF investment in Asian target firms depends on the different time periods, on types of sources of SWFs, and on acquiring countries. Third, our research uses vast sample data on target firms in longer time periods (1997-2017) than other previous studies on the SWFs for Asian markets.

• Journal of the Korean Society of Clothing and Textiles
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• v.31 no.5 s.164
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• pp.717-728
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• 2007

The purpose of this study is to suggest hospital clothing design which reflects ubiquitous info-communications technology as changing hospital environment in the information-oriented era of the 21st century. The methods of this study are documentary research of previous studies, observation research and deep interviews. Seoul national university hospital is selected as a target of observation for this study. Doctors, nurses, pharmacists, and patients who are the representative jobs in the hospital are interviewed from on July, 13, 2006 to on August, 1, 2006. According to observation research, the computers, OCR, and PACS are applied from registration to dosage through all courses of diagnosis. However, the most inconvenient problems to patients are the location of medical offices and confusion of reservation. Also, the needs and inconveniences of doctors, nurses, pharmacists, and patients are almost solved by using RFID technology as a result of deep interviews. They prefer wearing devices as an accessory to wearing devices as a clothing directly. In conclusion, suggested UFC design for hospital clothing with info-communications technology promotes efficiency, accuracy, convenience of work to medical personnel in changing hospital environment as the flow of the information-oriented era of the 21st century.

• The Bulletin of The Korean Astronomical Society
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• v.39 no.2
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• pp.110.1-110.1
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• 2014

The optics of Space telescope is one of the major parts of space mission used for imaging observation of astronomical targets and the Earth. These kinds of space mission have a bulky and complex opto-mechanics with a long optical tube, but there are attempts have been made to observe a target with a small satellite in many ways. In this paper, we describe an optical design of a reflecting telescope for use in a CubeSat mission. For this design, we adopt the off-axis segmented method of astronomical observation techniques based on the Ritchey-Chr$\acute{e}$tien type telescope. The primary mirror shape is a rectangle with dimensions of $8cm{\times}8cm$, and a secondary mirror has dimensions of $2.4cm{\times}4.1cm$. The focal ratio is 3 which can obtain a $0.3{\times}0.2$ degree diagonal angle in a $1280{\times}800$ CMOS color image sensor with a pixel size of $3{\mu}m{\times}3{\mu}m$. This optical design can capture a ${\sim}4km{\times}{\sim}2.3km$ area of the earth's surface at 700 km altitude operation. Based on this conceptual design, we will keep trying to study more for astronomical observation with Attitude control system.

• The Bulletin of The Korean Astronomical Society
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• v.41 no.2
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• pp.66.1-66.1
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• 2016

We developed an observation control software for the IGRINS (Immersion Grating Infrared Spectrograph) silt-viewing camera module, which points the astronomical target onto the spectroscopy slit and sends tracking feedbacks to the telescope control system. The point spread function (PSF) is not always symmetric. In addition, bright targets are easily saturated and shown as a donut shape. It is not trivial to define and find the center of the asymmetric PSF especially on a slit mask. We made a center balancing algorithm (CBA) following the concept of median. The CBA derives the expected center position along the slit-width axis by referencing the stray flux ratios of both upper and lower sides of the slit. We compared efficiencies of the CBA and those of a two-dimensional Gaussian fitting (2DGA) through simulations from observation images in order to evaluate the center finding algorithms. Both of the algorithms are now applied in observation and users can select the algorithm.

• Structural Engineering and Mechanics
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• v.34 no.6
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• pp.739-753
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• 2010

Pointing to the design requirement of prestressed space grid structure being the target cable force, the pretension scheme decision analysis method is studied when there's great difference between structural actual state and the analytical model. Based on recursive formulation of cable forces, the simulative recursive system for pretension process is established from the systematic viewpoint, including four kinds of parameters, i.e., system initial value (structural initial state), system input value (tensioning control force scheme), system state parameters (influence matrix of cable forces), system output value (pretension accomplishment). The system controllability depends on the system state parameters. Based on cable force observation values, the influence matrix for system state parameters can be calculated, making the system controllable. Next, the pretension scheme decision method based on cable force observation values can be formed on the basis of iterative calculation for recursive system. In this way, the tensioning control force scheme that can meet the design requirement when next cyclic supplemental tension finished is obtained. Engineering example analysis results show that the proposed method in this paper can reduce a lot of cyclic tensioning work and meanwhile the design requirement can be met.

• The Bulletin of The Korean Astronomical Society
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• v.45 no.1
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• pp.46.1-46.1
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• 2020

DEEP-South (DEep Ecliptic Patrol of the Southern Sky) team will start the 2nd phase of KMTNet observation in Oct 2020. The DEEP-South observation mainly consists of three survey modes: (1) Activity survey (AS) that aims at finding active phenomena of small Solar System bodies. (2) Light curve survey (LS) targets to discover and characterize light variations of asteroids. And (3) Deep drilling survey (DS) focuses on the objects beyond the orbit of Jupiter (Centaurus and trans-Neptunian objects) as well as near Earth asteroids. For asteroid family (AF) studies and target of opportunity (TO) observations for urgent photometric follow-up, targeted mode will also be used. DEEP-South team is awarded 7.0% of the telescope time at each site every year from Oct 2020 to Sep 2023 in the 2nd phase of KMTNet operation which corresponds to about 75 full nights a year for the network. In this presentation, we will introduce our survey strategy and observation plan.

• The Journal of Dong Guk Oriental Medicine
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• v.11
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• pp.66-73
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• 2008

Objectives: The study was designed to evaluate the single dose toxicity of modified Bo-yang-Hwan-o-Tang (mBHT) in Sprague-Dawley (SD) rats. Methods: The mBHT was once administrated orally to both sexes of rats at dose 2,000 mg/kg body weight which are the recommended maximum limit dose for acute toxicity. We recorded clinical signs of toxicity, body weight, gross and histological changes in target organs for all rats. Results: Neither significant changes of body weight not death was observed during the observation period in mBHT-administrated rats. Neither significant toxic signs not histopathological changes were shown during the observation period. There were not observed significant gross abnormality between the control and mBHT-administrated rats. Conclusions: These results indicated that the toxicity of mBHT is greater than 2,000 mg/kg body weight in SD rats.

• Bulletin of the Korean Space Science Society
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• 2011.04a
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• pp.31.1-31.1
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• 2011

In this study, we investigated alignment state estimation performances of the three methods i.e. merit function regression (MFR), differential wavefront sampling (DWS) and Multiple Design Configuration Optimization (MDCO). The three target optical systems are 1) a two-mirror Cassegrain system for deep space Earth observation, 2) intermediate size three-mirror anastigmat for Earth ocean monitoring, and 3) extremely large segmented optical system for astronomical observation. We ran alignment state estimation simulation for several alignment perturbation cases including 1mm to 10mm in decenter and from 0.1 to 1 degree in tilt perturbation error for the two-mirror Cassegrain system. In general, we note that MDCO shows more competitive estimation performance than MFR and DWS. The computational concept, case definition and the simulation results are discussed with implications to future works.

• Proceedings of the Korea Information Processing Society Conference
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• 2012.11a
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• pp.552-555
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• 2012

The main goal of this paper is to develop a robust visual tracking algorithm with particle filtering. Visual Tracking with particle filter technique is not easy task due to cluttered environment, illumination changes. To deal with these problems, we develop an efficient observation model for target tracking with particle filter. We develop a robust phase correlation combined with motion information based observation model for particle filter framework. Phase correlation provides straight-forward estimation of rigid translational motion between two images, which is based on the well-known Fourier shift property. Phase correlation has the advantage that it is not affected by any intensity or contrast differences between two images. On the other hand, motion cue is also very well known technique and widely used due to its simplicity. Therefore, we apply the phase correlation integrated with motion information in particle filter framework for robust tracking. In experimental results, we show that tracking with multiple cues based model provides more reliable performance than single cue.

• Journal of Navigation and Port Research
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• v.41 no.5
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• pp.297-302
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• 2017

The tracking filter plays a key role in accurate estimation and prediction of maneuvering the vessel's position and velocity. Different methods are used for tracking. However, the most commonly used method is the Kalman filter and its modifications. The ${\alpha}-{\beta}-{\gamma}$ filter is one of the special cases of the general solution provided by the Kalman filter. It is a third order filter that computes the smoothed estimates of position, velocity, and acceleration for the nth observation, and predicts the next position and velocity. Although found to track a maneuvering target with good accuracy than the constant velocity ${\alpha}-{\beta}$ filter, the ${\alpha}-{\beta}-{\gamma}$ filter does not perform impressively under high maneuvers, such as when the target is undergoing changing accelerations. This study aims to track a highly maneuvering target experiencing jerky motions due to changing accelerations. The ${\alpha}-{\beta}-{\gamma}$ filter is extended to include the fourth state that is, constant jerk to correct the sudden change of acceleration to improve the filter's performance. Results obtained from simulations of the input model of the target dynamics under consideration indicate an improvement in performance of the jerky model, ${\alpha}-{\beta}-{\gamma}-{\eta}$ algorithm as compared to the constant acceleration model, ${\alpha}-{\beta}-{\gamma}$ in terms of error reduction and stability of the filter during target maneuver.