• Journal of Fashion Business
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• 제14권5호
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• pp.195-215
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• 2010

The emergence of the luxury market has led numerous academic researchers, as well as marketers in the luxury market, to pay attention to both identifying luxury brand features and measuring perceptions toward luxury brands. Especially, Korea is a significant emerging market for luxury goods. Young consumers and male consumers are getting into the luxury market fast and these new segments will keep increasing. There are only a few studies related to distinctive definitions of luxury brands and measurement development for the Korean market. However, there are some limitations in these previous studies in that they did not capture the nature of luxury due to their inappropriate of subjects and approach in data collection and to lack of a perspective of Korean specific features. Thus, the purpose of this research is to identify Korean consumers' perceptions toward luxury products and, ultimately, to develop a reliable and valid measurement items for the luxury products' features for the Korean market. Defining the three high constructs(functional, emotional, and symbolic aspects) as a key needs and benefits on luxury brands, we looked at four stages of development for generating and deducting items by luxury industry experts and luxury consumers, as well as for testing measures by 20th~60th consumers. As a result, this study confirmed that luxury brands consists of high quality, high price, unique design, and luxury store; the emotional aspect construct combines craftsmanship, VIP service, and high social status; and the symbolic construct includes brand heritage and being a well-known brand. Finally, 22 measurement items (Measures of Luxury Brand for Korea: LBK) were developed for the conceptual features for luxury brands from a Korean perspective. This study provided understanding of Korean consumers' perceptions toward luxury brands from an academic perspective. For the managerial implication of this study, LBK can be utilized to judge both luxury brands and mass brands, to diagnose current a brand's luxuriousness, from the customer's point-of-view, and, finally, to measure a Key Performance Index (KPI) of luxury brand companies.

• International Journal of Computer Science & Network Security
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• 제21권8호
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• pp.353-359
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• 2021

Information technology and the need for timely and effective communication during the Covid-19 have made most governments adopt technological approaches to provide their services. E-government services have been adopted by most governments especially in developed countries to quickly and effectively share information. This study discusses the reasons why governments in the Gulf region should develop a new model for information technology knowledge management practices. To achieve this, the author identified possible benefits of adopting information technology knowledge management practices and why most governments in the Gulf find it hard to adopt them. Knowledge management allows for learning, transfer as well as sharing of information between government organizations and citizens and with the development of technology, the effectiveness of electronic services can easily be achieved. Also, effective adoption of information technology can improve knowledge management with the help of techniques that enhance capture, storage, retrieval as well as sharing of information. The author used systematic literature review to select 28 journals and articles published post 2019. IEEE, Google Scholar and Science Direct were used to select potential studies from which 722 journals and articles were selected. Through screening and eligibility assessment, 21 articles were retained while the back and forward search had 7 more articles which were also included in the study. Using information gathered from these articles and journals a new conceptual model was developed to help improve information technology knowledge management for governments in the Gulf region to effectively deliver e-services during Covid-19. This model was developed based on the process of KM, Theory of Planned Behavior and Unified Theory of Acceptance and Use of Technology. Based on the developed model. From UTAUT model, performance expectancy, effort expectancy as well as social influence had a great impact.

• Journal of the Korean Society for Marine Environment & Energy
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• 제15권3호
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• pp.263-272
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• 2012

Carbon dioxide, emitted by human activities since the industrial revolution, is regarded as a major contributor of global warming. There are many efforts to mitigate climate change, and carbon dioxide capture and geological storage (CCS) is recognized as one of key technologies because it can reduce carbon dioxide emissions from large point sources such as a power station or other industrial installation. The inclusion of CCS as clean development mechanism (CDM) project activities has been considered at UNFCCC as financial incentive mechanisms for those developing countries that may wish to deploy the CCS. Although the Conference of the Parties serving as the Meeting of the Parties to the UNFCCC's Kyoto Protocol (CMP), at Cancun in December 2010, decided that CCS is eligible as CDM project activities, the issues identified in decision 2/CMP.5 should be addressed and resolved in a satisfactory manner. Major issues regarding modalities and procedure are 1) Site selection, 2) Monitoring, 3) Modeling, 4) Boundaries, 5) Seepage Measuring and Accounting, 6) Trans-Boundary Effects, 7) Accounting of Associated Project Emissions (Leakage), 8) Risk and Safety Assessment, and 9) Liability Under the CDM Scheme. The CMP, by its decision 7/CMP.6, invited Parties to submit their views to the secretariat of Subsidiary Body for Scientific and Technological Advice (SBSTA), SBSTA prepared a draft modalities and procedure by exchanging views of Parties through workshop held in Abu Dhabi, UAE (September 2011). The 7th CMP (Durban, December 2011) finally adopted the modalities and procedures for CCS as CDM project activities (CMP[2011], Decision-/CMP.7). The inclusion of CCS as CDM project activities means that CCS is officially accredited as one of $CO_2$ reducing technologies in global carbon market. Consequently, it will affect relevant technologies and industry as well as law and policy in Korea and aboard countries. This paper presents a progress made on discussion and challenges regarding the issue, and aims to suggest some considerations to policy makers in Korea in order to demonstrate and deploy the CCS project in the near future. According to the adopted modalities and procedures for CCS as CDM project activities, it is possible to implement relevant CCS projects in Non-Annex I countries, including Korea, as long as legal and regulatory frameworks are established. Though Korea enacted 'Framework Act on Low Carbon, Green Growth', the details are too inadequate to content the requirements of modalities and procedures for CCS as CDM project. Therefore, it is required not only to amend the existing laws related with capture, transport, and storage of $CO_2$ for paving the way of an prompt deployment of CCS CDM activities in Korea as a short-term approach, but also to establish the united framework as a long-term approach.

• Journal of Electrical Engineering and Technology
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• 제7권4호
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• pp.501-512
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• 2012

Social welfare maximization in a double-sided auction market is performed by implementing an aggregation-based particle swarm optimization (CAPSO) algorithm for optimal placement and sizing of one Static Synchronous Series Compensator (SSSC) device. Dallied simulation results (without/with line flow constraints and without/with SSSC) are generated to demonstrate the impact of SSSC on the congestion levels of the modified IEEE 14-bus test system. The proposed CAPSO algorithm employs conventional quadratic smooth and augmented quadratic nonsmooth generator cost curves with sine components to improve the accurate of the model by incorporating the valve loading effects. CAPSO also employs quadratic smooth consumer benefit functions. The proposed approach relies on particle swarm optimization to capture the near-optimal GenCos and DisCos, as well as the location and rating of SSSC while the Newton based load flow solution minimizes the mismatch equations. Simulation results of the proposed CAPSO algorithm are compared to solutions obtained by sequential quadratic programming (SQP) and a recently implemented Fuzzy based genetic algorithm (Fuzzy-GA). The main contributions are inclusion of customer benefit in the congestion management objective function, consideration of nonsmooth generator characteristics and the utilization of a coordinated aggregation-based PSO for locating/sizing of SSSC.

• Korean Journal of Computational Design and Engineering
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• 제18권1호
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• pp.10-20
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• 2013

The Yoon Jeung residence is a well-known and prototypical aristocratic house example showing typical and interesting characteristics of the traditional houses in the middle region of Korea. When it comes to understanding the architectonic characteristics of a Korean traditional house, it was not easy to actually capture the compositional and/or constructional knowledge of the building even though it is a wooden building with many wooden members showing their compositional relations. Now with the help of the BIM tool, the Building Information Modeling tool, we could actually be able to compare and analyze each member and their compositional relations. In this paper we examine the unique traditional composition method used in extending the building's structural sections utilizing the bended-joint characteristics of traditional buildings with exemplar case of the Yoon Jeung residence. Thereby we examine those relationships among three major compositional parts namely the plan based spatial compositions, the upper wooden compositions and the roof forms so as to specify the building's typical characteristics with reasonably acceptable causes. The inner and outer block of the residence are handled with their bended-joints with more detailed knowledge of categorization by way of joint relationships among members.

• The Journal of Asian Finance, Economics and Business
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• 제7권12호
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• pp.703-710
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• 2020

The stock market serves as a representation of economic well-being in a country. Along with the myriad of economic predictors, specific knowledge possession may lead to different macro consequences of stock performance and market value. This study empirically investigates the capacity of possessing excellent intellectual capital to increase the performance and values of listed banks in Indonesia. The selection of banks as the primary data represents such sectors' capability to attract, employ, or exploit the excellent internal capacity under the discussion of resource-based view theory. At best to the authors' knowledge, this topic's findings are still elusive and debatable upon considering the direct and indirect relationships between the proposed exogenous and endogenous variables. Eighteen listed banks form the panel data throughout 2011-2016. This study employs a path analysis and Sobel test to obtain the results of the proposed hypothesis. The results report some positive relationships of the intellectual capital to firms' performances and values, directly and indirectly, with a substantial effect on the second model compared to the first model. This study highlighted knowledge's capacity as a vital basis to gauge the banks' performance and valuation. However, a better formulation of intellectual capital is required to capture a better measurement.

• Journal of the Ergonomics Society of Korea
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• 제30권2호
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• pp.357-363
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• 2011

Objective: The aim of this study is to set the design direction of the lift chair's tilting seat for development. Background: Great attention has been shown to the development of senior friendly product, because of increasing elderly population rapidly in Korea. Therefore, we need to study on sit-to-stand(STS) motion of elderly systematically for developing lift chair that is one of senior friendly products. Method: In this study, we analyzed joint moment(knee, hip) and muscle activity (Erector spinae, Rectus femoris, Vastus lateralis) on STS motion of elderly(female, 60~70: 7) and young people(female, 20~30: 7) using 3 dimension motion capture camera, force plate, wireless EMG. Results: The results of muscle activity showed a similar trend but the results of joint moment were a lot of differences between the young and the elderly. Conclusion: The results of knee joint moment suggest the angle(10~30deg)-adjustable seat that can be better than to find the optimal seat's angle. Application: The method and results of this study are expected to develop senior friendly product and verification as well as be available to various application.

• KSII Transactions on Internet and Information Systems (TIIS)
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• 제11권6호
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• pp.2811-2830
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• 2017

In this paper, we study the problem of mobile data offloading for a network that contains multiple mobile network operators (MNOs), multiple WiFi or femtocell access points (APs) and multiple mobile users (MUs). MNOs offload their subscribed MUs' data traffic by leasing the unused Internet connection bandwidth of third party APs. We propose a combinatorial auction-based two-stage matching mechanism comprised of MU-AP matching and AP-MNO matching. The MU-AP matching is designed to match the MUs to APs in order to maximize the total offloading data traffic and achieve better MU satisfaction. Conversely, for AP-MNO matching, MNOs compete for APs' service using the Nash bargaining solution (NBS) and the Vickrey auction theories and, in turn, APs will receive monetary compensation. We demonstrated that the proposed mechanism converges to a distributed stable matching result. Numerical results demonstrate that the proposed algorithm well capture the tradeoff among the total data traffic, social welfare and the QoS of MUs compared to other schemes. Moreover, the proposed mechanism can considerably offload the total data traffic and improve the network social welfare with less computation complexity and communication overhead.

• Journal of The Korean Society of Agricultural Engineers
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• 제58권4호
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• pp.57-66
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• 2016

Harmonized World Soil Database (HWSD) including the global soil information has been implemented to the runoff analysis in many watersheds of the world. However, its accuracy can be a critical issue in the modeling because of the limitation the low resolution reflecting the physical properties of soil in a watershed. Accordingly, this study attempted to assess the effect of HWSD in modeling by comparing parameters of the rainfall-runoff model using HWSD with the detailed soil map. For this, Grid based Rainfall-runoff Model (GRM) was employed in the Hyangseok watershed. The results showed that both of two soil maps in the rainfall-runoff model are able to well capture the observed runoff. However, compared with the detailed soil map, HWSD produced more uncertainty in the GRM parameters related to soil depth and hydraulic conductivity during the calibrations than the detailed soil map. Therefore, the uncertainty from the limited information on soil texture in HWSD should be considered for better calibration of a rainfall-runoff model.

• Journal of Energy Engineering
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• 제23권3호
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• pp.36-41
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• 2014

The world's overall need for natural gas (NG) has been growing up fast, especially in the residential sector. The better the estimation of residential NG consumption (RNGC) distribution, the better decision-making for a residential NG policy such as pricing, demand estimation, management options and so on. Approximating the distribution of RNGC is complicated by zero observations in the sample. To deal with the zero observations by allowing a point mass at zero, a mixture model of RNGC distributions is proposed and applied. The RNGC distribution is specified as a mixture of two distributions, one with a point mass at zero and the other with full support on the positive half of the real line. The model is empirically verified for household RNGC survey data collected in Korea. The mixture model can easily capture the common bimodality feature of the RNGC distribution. In addition, when covariates were added to the model, it was found that the probability that a household has non-expenditure significantly varies with some variables. Finally, the goodness-of-fit test suggests that the data are well represented by the mixture model.