• Title/Summary/Keyword: VC-1

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Managing Information Asymmetry Risks Using Deal Syndication and Domain Specialization: An Indian Context

  • Joshi, Kshitija
    • Asian Journal of Innovation and Policy
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    • v.7 no.1
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    • pp.150-177
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    • 2018
  • We review two specific risk management strategies of venture capitalists (VCs): deal syndication and domain specialization with respect to their explicit role in adjudging and managing the overall magnitude of information asymmetry risks. These are analyzed for three distinct categories of VC firms as classified by their funding stage focus (early vs. late), ownership type (foreign vs. domestic) and the human capital composition of the core VC team (entrepreneurial vs. investor). The analysis is based on both secondary data and primary data for active 72 VC firms in India. Syndication is moderately important for entrepreneurial VC firms, but not at all important for early-stage focused and foreign VC firms. This finding is distinctly different from what has been conventionally observed in the literature. Among the various arenas of domain specialization, high-technology focus is important for all segments of VC firms. In the context of investment-stage focus, foreign VC firms exhibit growth-stage specialization, while entrepreneurial VC firms concentrate on earlier investment stages.

Effects of Vinyl Chloride to Human Health and Aquatic Ecosystems (염화비닐(Vinyl Chloride)의 인체 및 수생태계 영향 연구)

  • Nam, Sun-Hwa;An, Youn-Joo
    • Korean Journal of Ecology and Environment
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    • v.42 no.3
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    • pp.271-279
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    • 2009
  • Vinyl chloride (VC) is a known human carcinogen, and it is released to multi-environmental media via several exposure routes. VC was potentially evaluated as a water quality pollutant based on human health risk assessment in Korean water environments. In this study, we investigated physicochemical and toxicological properties of VC, human health and ecological risk assessment, and the regulation of VC as a water quality pollutant in developed countries. Currently there are no standard or guideline values of VC in Korean legal system for the protection of human health and aquatic ecosystem, except that it is designated as a specific toxic substance and a water quality pollutant. Human health risk assessment of VC was previously performed based on the limited water quality monitoring data. The monitoring level of VC in Korean water system is more higher than other countries'. VC was assessed as potential hazardous chemical based on the US EPA's cancer risk assessment. There were a few ecotoxicity data of VC available using very limited kinds of aquatic organisms, and the toxicity results obtained seem to be overestimated without considering the losses of VC in open exposure system. Therefore it is needed to monitor the VC in various areas and to carry out the ecotoxicity research using multi-level organisms. We expect that these results can be useful information for implementing VC as a water quality pollutant in legal system for the protection of human health and aquatic ecosystem in near future.

The Transmit System for Connection System of Super High Speed Optical Fiber Subscriber (초고속 광 가입자 접속장치용 송신장치 설계)

  • Song, Hong-Jong
    • Journal of The Institute of Information and Telecommunication Facilities Engineering
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    • v.10 no.1
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    • pp.14-26
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    • 2011
  • In this paper, we've studied Optical Fiber Subscribe Transmit system. After receiving the ATM cell passing through the FIFO of the Asynchronous Transfer Method from the ATM Layer images to the VC4 signal payload passing through scrambling of the cell payload, HEC computation of the cell and inserting the Idle/Unassigned cell. At this time formed VC4 signal passing through the generating and inserting POH overhead at the same time indicating the start point of the cell by the H4 byte on the VC4 POH. This ATM cell transmits 155Mbps speed changing the optical signal after outputting the frame format at the STM-1 signal generation block through the AUG bus after generating J1 of the VC4 start point at the AU4 pointer generation block.

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The Microcosm study for evaluating biobarrier application on sequential degradation of TCE products by Gasoline-Degradaing Mixed Culture

  • Lee, Jae-Sun;Lee, Si-Jin;Lee, Young-Kee;Chang, Soon-Woong
    • 한국생물공학회:학술대회논문집
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    • 2003.10a
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    • pp.440-444
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    • 2003
  • A new approach for ground water treatment combines a permeable Fe(0) barrier to breakdown higher chlorinated solvents like PCE and TCE with a down gradient aerobic biological treatment system to biotransform less chlorinated solvents, such as DCE and vinyl chloride (VC). The expected bacterial performance down gradient of an Fe(0) barrier was evaluated through laboratory batch experiments with a toluene-degrading mixed culture that cometabolically transforms cis-1,2-DCE and VC. The amount of cis-1,2-DCE (initially at 2,000 ppb) and VC (initially at 2,000 ppb) transformed was controlled by the initial toluene(20,000 ppb) concentration. VC was removed much more effectively than Cis-1,2-DCE, and a higher toluene concentration in comparison to the co-substrate concentrations was needed for complete co-substrate removal. Overall, the coupling of an Fe(0) barrier and subsequent biodegradation appears feasible for remediation of complex mixtures of chlorinated solvents and petroleum hydrocarbons in groundwater.

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Venture Capital Investments and the IPO performance of Chinese Firms

  • Piao, Meina;Park, Saeyeul;Shin, Hyun-Han
    • Asia-Pacific Journal of Business
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    • v.13 no.2
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    • pp.1-22
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    • 2022
  • Purpose - The purpose of this study is to examine the effect of VC investment on the IPO and post-IPO performance of Chinese firms. Design/methodology/approach - By utilizing CSMAR and VentureXpert database, we construct a firm-year panel data covering all listed firms in the Chinese stock market from 2006 to 2018. Findings - First, we find that VC-backed firms are significantly less underpriced than non-VC-backed firms. Our results show that the initial IPO-day return of VC-backed firms is 0.16% lower than that of non-VC-backed firms. Next, we find that VC-backed firms demonstrate significantly worse operating performance than non-VC-backed firms after the IPO. In the next three years following the IPO, VC-backed firms underperform non-VC-backed firms by 0.4% in terms of ROA and by 0.6% in terms of ROE. Research implications or Originality - Our results support the Grandstanding Hypothesis, among several competing hypotheses regarding the effect of VC investment, which suggests that VCs window dress their IPO firms for their early exit at the expense of a poor operating performance of the IPO firms after going public.

Enhanced Antioxidant Activity of Mugwort Herb and Vitamin C in Combination on Shelf-life of Chicken Nuggets

  • Hwang, Ko-Eun;Kim, Hyun-Wook;Song, Dong-Heon;Kim, Yong-Jae;Ham, Youn-Kyung;Choi, Yun-Sang;Lee, Mi-Ai;Kim, Cheon-Jei
    • Food Science of Animal Resources
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    • v.34 no.5
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    • pp.582-590
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    • 2014
  • The effect of mugwort extract (ME) and vitamin C (VC), added individually or in combination, on color, lipid oxidation, and sensory characteristics of chicken nuggets stored for 12 d was investigated. Eight treatments of chicken nuggets contained the following: Control (no antioxidant added), VC (0.05% VC), ME 0.05 (0.05% ME), ME 0.1 (0.1% ME), ME 0.2 (0.2% ME), VC+ME 0.05 (0.05% VC + 0.05% ME) and VC+ME 0.1 (0.05% VC + 0.1% ME), VC+ME 0.2 (0.05% VC + 0.2% ME). Results showed that the mixture of 0.05% VC and 0.2% ME was most effective for delaying lipid oxidation (thiobarbituric acid reactive substances, conjugated dienies, and peroxide formation) when compared to the control or ME alone added. The color values of all treatments were significantly affected by adding ME. Additionally, the total color difference (${\Delta}E$), chroma ($C^*$), and hue angle ($H^{\circ}$) values of all treatments, except for VC, were lower than those of the control as the amount of ME increased. The sensory characteristics (flavor, odor, and overall acceptability) did not differ significantly in any of the chicken nugget samples, whereas storage time had a significant effect. The results suggest that the possibility of utilizing chicken nuggets with a mixture of mugwort extract and vitamin C for the increase of shelf-life and quality.

The Effect of Chlorinated Ethenes and Electron Donor on VC Dehalogenation Rate (염화에텐류 화합물 및 전자공여체가 VC 탈염소화 속도에 미치는 영향)

  • Bae, Jae-Ho;Lee, Il-Su;Park, Young-Koo;Semprini, Lewis
    • Journal of the Korean Applied Science and Technology
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    • v.24 no.4
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    • pp.436-443
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    • 2007
  • Anaerobic reductive dehalogenation of perchloroethene (PCE) was studied with lactate as the electron donor in a continuously stirred tank reactor (CSTR) inoculated with a mixed culture previously shown to dehalogenate vinyl chloride (VC). cis-1,2- dichloroethene (cDCE) was the dominant intermediate at relatively long cell retention times (>56 days) and the electron acceptor to electron donor molar ratio (PCE:lactate) of 1:2. cDCE was transformed to VC completely at the PCE to lactate molar ratio of 1:4, and the final products of PCE dehalogenation were VC (80%) and ethene (20%). VC dehalogenation was inhibited by cDCE dehalogenation. Propionate produced from the fermentation of lactate might be used as electron donor for the dehalogenation. Batch experiments were performed to evaluate the effects of increased hydrogen, VC, and trichloroethene (TCE) on VC dehalogenation which is the rate-limiting step in PCE dehalogenation The addition of TCE increased the VC dehalogenaiton rate more than an increase in the $H_2$ concentration, which suggests that the introduction of TCE induces the production of an enzyme that can comtabolize VC.

Study on barrier characteristics of STM tip/Viologen molecules and morphology (STM tip/Viologen 분자의 Barrier특성과 모폴로지 촉정)

  • Lee, Nam-Suk;Choi, Won-Suk;Qian, Dong-Jin;Kwon, Young-Soo
    • Proceedings of the KIEE Conference
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    • 2006.10a
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    • pp.91-92
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    • 2006
  • The electrical properties of viologen derivatives were studied in terms of the tunneling current characteristics on the length of the viologen derivatives using self-assembling techniques and ultra high vacuum scanning tunneling microscopy (UHV-STM). We fabricated the Au substrate were deposited by thermal evaporation system ($420^{\circ}C$. Self-assembled monolayers (SAMs) were prepared on Au (111), which had been thermally deposited onto freshly cleaved, heated mica. The Au substrate was exposed to a 1 mM solution of viologen derivatives in ethanol for 24 hours to form a monolayer. We measurement of the morphology on the single viologen molecules ($VC_{8}SH$, $VC_{10}SH$, $HSC_{8}VC_{8}SH$, and $HSC_{10}VC_{10}SH$). The current-voltage (I-V) and differential conductance (dl/dV-V) properties were measured while the electrical properties of the formed monolayer were scanned by using a STS. The effective barrier height of viologen derivatives ($VC_{8}SH$, $VC_{10}SH$, $HSC_{8}VC_{8}SH$, and $HSC_{10}VC_{10}SH$) were calculated to be 1.076 eV, 1.56 ${\pm}$ 0.3 eV, 1.85 eV, 2.28 eV, respectively.

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Effect of VC Addition on the Microstructure & Mechanical Properties of Ti(CN)-based Cermet (VC 첨가가 Ti(CN)계 써메트의 미세구조 및 기계적 성질에 미치는 영향)

  • 안성용;강신후
    • Journal of the Korean Ceramic Society
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    • v.35 no.12
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    • pp.1316-1322
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    • 1998
  • The amount of VC and C/N ratio in Ti(CN) was varied to investigate the effect of VC addition on the mi-crostructural change in Ti(CN)-Ni system. As the amount of VC addition increases in Ti(C0.7N0.3)-20Ni sys-tem a complete solid solution was observed in Ti(C0.7N0.3)-20Ni-25VC system. It implies that the ratio of the dissolution rates of Ti(C0.7N0.3)to that of VC is nearly 2:1 at the sintering conditions used in this study. It was found from the experiments that the system composed of the Ti(C0.7N0.3) phase exhibits a rimless structure and relatively small amount of solid solution. That is among Ti(C0.7N0.3) phase exhibits a rimless structure and relatively small amount of solid solution. This is among Ti(C1-xNx) phases the dissolution rate of Ti(C0.3N0.7) is the lowest. Also fracture toughness(KIC) of the cermet was measured by indentation method. Attentions were paid to crack propagation path to look for a dominant fracture mode and to cor-relate it with fracture toughness values. The fracture toughness was relatively high with the addition of VC content. But the addition of a large VC content reduced the overall toughness of the cermet. This result is explained with the difference in fracture mode.

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A Study on a High-Performance VLSI Design of VLC-Based Entropy Decoder for VC-1 (VC-1용 VLC 기반 엔트로피 디코더의 고성능 VLSI 설계에 관한 연구)

  • Song, Hyeong-Don;Sonh, Seung-Il
    • Proceedings of the Korea Contents Association Conference
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    • 2007.11a
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    • pp.829-832
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    • 2007
  • 디지털 비디오 압축 기술은 대역폭과 저장 공간이 제한되는 멀티미디어 데이터의 효율적인 전송과 저장을 가능하게 하는 중요한 역할을 해왔다. 현재 VC-1은 차세대 DVD의 표준으로 채택되어 사용되고 있고 H.264/AVC의 대안으로 제안되고 있다. 이에 본 논문에서는 VC-1의 엔트로피 디코더에 대하여 소프트웨어 검증을 통한 최적화 알고리즘을 사용하여 하드웨어 설계 언어인 VHDL 언어를 이용하여 기술하고 ModeSim6.0a를 이용한 데이터 검증을 수행하였다.

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