• Title/Summary/Keyword: Traditional market

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A Study on the Methodology of Valuation of High-Technology (첨단기술의 기술가치 평가방법론에 대한 연구)

  • 박용태;박광만;윤병운;이용호;정세형
    • Proceedings of the Technology Innovation Conference
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    • 2001.06a
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    • pp.175-194
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    • 2001
  • Recently, with the advent of knowledge-based economy and techno-economic paradigm social demands for technology valuation have increased. In nature, however, technology valuation is an intractable task since technology is characterized by intangible and tacit factors and is traded in a suppliers market. Consequently, it is quite common that each individual or organization has ie own valuation method or criterion. The main objective of this research is to propose a new technology valuation method which is easy to understand and apply. In addition, the method is designed to generate monetary value, rather than score or rank, of technology. To this end. we have proposed the overall framework and detailed procedure of a new valuation method. In doing that, we have emphasized the following factors. First, the new method. vis-a-vis existing methods, is applicable to high-tech areas, rather than traditional manufacturing sectors. Second. the proposed method analyzes the structural relationship between market value(value of market) and technology value(value of technology) and integrates them into valuation process. Third, the new method takes idiosyncratic characteristics of various industrial(technical) sectors into account.

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A process of developing experimental Korean image fashion items focused on jeans and T-shirts (한국의 이미지를 이용한 의류상품개발 모델의 연구 -청바지와 티셔츠를 중심으로-)

  • 이영미;이상은
    • Journal of the Korea Fashion and Costume Design Association
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    • v.5 no.3
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    • pp.49-61
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    • 2003
  • This study is a process of developing experimental Korean image fashion items that can appeal to the younger generation. The sample models are focused on jeans and T-shirts. This project had two goals. First, giving chance to the students of Konkuk-University of producing fashion items adopting Korean image in university venture company. Second, contributing to Korean image fashion market if the items have been proved to have competitive power through the market of Konkuk-University and it's cooperated company. The research is restricted within ornament techniques of Korean traditional dress and its ornament's element, they are patchwork wrapping-cloth(Chokakbo), embroidery, gold and silver foil on cloths, and transcription. Such Korean image elements are graphic patterned as 30 jeans and 50 T-shirts and eventually evaluated by 100 university students majoring in garments. The evaluation scale contains repletion of Korean image, possibility of market, and preference. Through this process, 6 jeans and 7 T-shirts were produced.

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Levy-Type Swaption Pricing Model (Levy-Swaption 가치 평가 모형)

  • Lee, Joon-Hee;Park, Jong-Woo
    • Korean Management Science Review
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    • v.25 no.3
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    • pp.1-12
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    • 2008
  • The Swaption is one of the popular Interest rates derivatives. In spite of such a popularity, the swaption pricing formula is hard to derived within the theoretical consistency. Most of swaption pricing model are heavily depending on the simulation technique. We present a new class of swaption model based on the multi-factor HJM levy-mixture model. A key contribution of this paper is to provide a generalized swaption pricing formula encompassing many market stylize facts. We provide an approximated closed form solution of the swaption price using the Gram-Charlier expansion. Specifically, the solution form is similar to the market models, since our approximation is based on the Lognormal distribution. It can be directly compared with the traditional Black's formula when the size of third and fourth moments are not so large. The proposed extended levy model is also expected to be capable of producing the volatility smiles and skewness.

Information Security Market Analysis (국내 전자화폐시장 전망)

  • 박성욱;이현우
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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    • 2003.10a
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    • pp.652-655
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    • 2003
  • This paper represents the electronic money market forecast. The cash, check and traditional settlement means transfer the electronic money with information technique. This paper forecasts not only the use of electronic money markets but also the scale of electronic money. So, the purpose of this study is to forecast and analyze the present situation of electronic money market.

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Development of Korean Fashion Design for the World Market (세계시장을 위한 한국적 패션디자인의 개발)

  • 공미선;채금석
    • Journal of the Korean Society of Costume
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    • v.54 no.2
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    • pp.1-9
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    • 2004
  • This research aims at the development of Korean fashion design for the world market, which combines the western beauty and Korean tradition into the product design focusing on the styling concept. Through the example-analysis of structural elements which form Europe and Korean fashions, the styling concepts of functional change, beauty-combination, and tradition-conservation. are derived. The results are as follows : 1. Functionality needs to be improved by the structural change and the development of new materials from the traditional materials. 2. Beauty should come from the combination of natural patterns and western-spatial allocation, as well as from the front combination of western-beauty. 3. Tradition needs to be kept as Korean beauty and representation skills in the colors, accessaries, and in the spatial design. The styling concept for Korean fashion design in this research is related to the visual structural elements, and is not expanded to the styling concept of Korean image and/or feeling. Therefore future researches may follow on these un-expanded points. and also may continue the wide comparison between the Korean fashion design and oriental image fashion in Europe.

The Determinants of Internet Retailers′Pricing Behavior - An Exploratory Empirical Study- (인터넷 소매상의 가격 결정 요인: 총구매비용 관점에서의 탐색적 실증 연구)

  • 고석하;김주성;홍정유;경원현
    • Journal of Information Technology Applications and Management
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    • v.9 no.2
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    • pp.33-56
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    • 2002
  • This paper shows that internet retailers adjust the total expenses of their customer's purchase by the nominal price of each product and the delivery fee of the purchase. This paper compares the total expenses of purchasing a bundle of goods in the internet market against the total expenses of purchasing the same bundle of goods in the traditional market. The results show that the type of goods and the total expenses of a purchase, together with their interaction, determine up to 60% or 80% of the variance of the difference between the expenses up the same purchase in the two markets. The results also show that neither the expenses of a purchase nor its interaction with the product type affects the dispersion of total purchase expenses in the internet market.

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Analysis of Pricing and Efficiency Control Strategy between Online and Offline Marketing Channels (Online 과 Offline 마케팅 채널 간의 가격경쟁 및 효율성 통제전략 분석)

  • Cho, Hyung-Rae;Yu, Jung-Sub;Cha, Chun-Nam;Lim, Sang-Kyu
    • Journal of Korean Institute of Industrial Engineers
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    • v.27 no.2
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    • pp.181-189
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    • 2001
  • The proliferation of the Internet and related technologies and applications has led to a new form of market place known as the electronic store. In this paper, we study competition between two shopping channels, an electronic store and traditional retailers. Based on the circular spatial market model, we derive the Nash and Stackelberg equilibria as a function of the efficiency of the electronic store. The result shows that the Stackelberg equilibrium is always superior to the Nash equilibrium for both channels. It is also shown that, in some cases, the electronic store has incentive to decrease its efficiency to gain more profit.

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Measuring Seasonality in Maldivian Inbound Tourism

  • Rabeeu, Ahmed;Ramos, Disney Leite;Rahim, Abdul Basit Abdul
    • Journal of Smart Tourism
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    • v.2 no.3
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    • pp.17-30
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    • 2022
  • The tourism sector of the Maldives has seen rapid growth since its inception in 1972. One significant development is the transformation of the market composition in recent years. China has surpassed traditional European markets as the single largest source market. In this regard, this study seeks to assess the seasonality in the Maldivian tourism sector using a monthly dataset of visitor arrivals from 2003 to 2019. The seasonality ratio, the seasonality indicator, the Gini coefficient and the seasonal index were used to examine the seasonality patterns. The results of this study show that there are three distinct peaks (January to April, August, and November to December) and two off-peaks (May to July and September) periods. The findings also reveal that the rise of the Chinese market has significantly lessened the seasonality of Maldivian inbound tourism. Finally, some important implications are discussed.

Research on the Development of North American Movie Industry in 2018 (2018년 북미영화산업 발전 연구)

  • Peng, Bo
    • Journal of Korea Entertainment Industry Association
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    • v.13 no.6
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    • pp.15-24
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    • 2019
  • Hollywood traditional movie companies are continuously challenged by new-type companies represented by the streaming content platforms. Based on the latest market statistics, and with a multidimensional approach involving the production, distribution, projection and overseas market, etc, this paper analyzes the changes and development of North American movie industry in its process of coping with the globalization and digitalization of media in 2018, and summarizes the effective measures for Hollywood mainstream movie companies to adjust their own structures and operation mechanism to maintain their development in the environment of new media consumption.

Fire Protection for Traditional Market and Protections for Transformer with Optimal Operation (재래시장 화재 예방, 변압기 보호장치 최적운영 기술 현장 적용)

  • Kim, Geonho
    • KEPCO Journal on Electric Power and Energy
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    • v.7 no.1
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    • pp.51-52
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    • 2021
  • 지상변압기는 수용가에 직접적으로 전력을 공급하는 역할을 수행하며 저압 선로의 고장으로부터 계통을 보호하기 위한 보호장치를 구비한다. 본 기술지원은 지상변압기의 STP 미동작에 따른 화재원인을 분석하고 적정동작범위를 제안한다.