• Title/Summary/Keyword: commercial exchange

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Policy Directions for Boosting Fusion of PC in the Mechatronics Industry: (메카트로닉스산업의 PC 융합 촉진을 위한 기술정책 방향)

  • 이공래
    • Proceedings of the Korea Technology Innovation Society Conference
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    • 2000.05a
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    • pp.154-173
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    • 2000
  • Since computerized numerical controller (CNC) emerged as a result of the fusion of the electronics technology and the mechanical technology, there has been continuous evolution of CNC technology in the mechatronics industry. The industry is recently developing a new control system based on the fusion of personal computer (PC) and CNC. Upgraded PC has now integrated into CNC, making various machines possible to exchange data, software and hardware, and to greatly improve man-machine interface. The fusion of PC and CNC can form a new paradigm in technological innovation of not only control system but also whole machinery industry in near the future. Korea lagged behind the developed countries in the development of open control system with the fusion of PC. Turbo-tek, Hyundai Motor and Daewoo are leading companies, but their commercial possibility seems to be low because domestic market is too small to reap a commercial benefit. Nevertheless, the development of the system is an essential step for Korea to embark on a future technological paradigm of the machinery industry. The government needs to play some role for the development, for instance, government R&D projects, institutional building and training of related technicians.

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Development of an Extension Model based on Three Dimensional Wireframe Model for KOSDIC Format in the Construction Field (건설 분야 도면정보 교환 표준을 위한 3차원 와이어프레임 기반의 확장 모델 개발에 관한 연구)

  • Kim I.H.;Seo J.C.;Won J.S.
    • Korean Journal of Computational Design and Engineering
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    • v.10 no.3
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    • pp.179-187
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    • 2005
  • The usage of mixed 2D and 3D CAD data of commercial CAD systems is required in the construction practice. Sometimes 3D wireframe model is required by end-users when 2D CAD data is delivered. However, current KOSDIC can not represent 3D CAD data, because it has been developed as a 2D drawing delivery standard. Therefore, this study is to provide exchange and sharing of mixed 2D and 3D CAD data that add 3D wireframe model in the KOSDIC. To achieve this purpose, the authors have investigated the 3D CAD entities of commercial CAD systems, and have analyzed STEP standards providing 3D wireframe model. The result, the authors have extracted 3D CAD common entities based wireframe model which shall be added in the KOSDIC. This study can be beneficial by using the developed data model for heterogeneous CAD systems, and by providing the representation of mixed 2D and 3D CAD data in construction practice such as GIS, piping system, and so forth.

The Extent of Intellectual Capital Disclosure and Corporate Governance Mechanism to Increase Market Value

  • SOLIKHAH, Badingatus;WAHYUDIN, Agus;RAHMAYANTI, Anggraeni Anisa Wara
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.10
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    • pp.119-128
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    • 2020
  • The aim of this paper is to investigate the level of intellectual capital disclosure (ICD) in commercial banks listed on the Indonesian Stock Exchange. This paper also observed the effects of ICD and corporate governance mechanism on market value. This study uses content analysis techniques to measure ICD. The paper provides a novel approach to measure the ICD quality in developing countries using a four-numerical coding system. Secondary data were obtained from the financial statements and annual reports of the banks for the period 2011-2014. The data from 31 banks were analyzed using ordinary least square regression. The study reports that the quality of intellectual capital disclosure in Indonesian commercial banks increase steadily. Narrative disclosure dominates the report of intellectual capital in Indonesian banks. The results indicate that the size of audit committee, frequency of audit committee meeting, and intellectual capital disclosure affect positively the market value. Overall, the results indicate intellectual capital disclosure is associated with the market capitalization; these findings indicate that the ICD is a consideration in a stock investment decision. While regulations in Indonesia regarding intellectual capital reporting are not conclusive yet, the information needs of stakeholders have encouraged companies to expand voluntary disclosure.

Antioxidant Effects of Carnosine Extracted from the Eel Anguilla japonica (뱀장어 Anguilla japonica 추출 Carnosine의 항산화 효과)

  • Lee, Keun-Tae;Song, Ho-Su;Park, Seong-Min
    • Korean Journal of Fisheries and Aquatic Sciences
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    • v.40 no.4
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    • pp.193-200
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    • 2007
  • Ion-exchange chromatography and ultra-filtration permeation were used to extract carnosine from the eel Anguilla japonica. In an investigation of its antioxidant properties, the eel carnosine prevented lipid peroxidation in linoleic acid systems, scavenged free radicals, and exhibited superoxide dismutase-like activity. These activities increased as the carnosine concentration increased. The nitrite scavenging effects (NSEs) of commercial carnosine and the eel carnosine were measured at various acidic pHs (1.2, 3.0, and 4.2). For both types of carnosine, the maximum NSE was observed at pH 1.2. At this pH, the NSE of the eel carnosine was 65.3%. Both types of carnosine were effective at maintaining reasonably good color of ground beef patties over 5 days of storage at $4^{\circ}C$ and inhibited metmyoglobin formation as well as lipid peroxidation. These data suggest that the eel carnosine might be useful as a "natural" antioxidant in commercial production and storage of muscle foodstuffs.

An Empirical Research on the Firm Value and Credit Rating of Development Expenses (개발비 지출이 기업가치와 신용등급에 미치는 영향)

  • Jin, Dong-Min
    • Asia-Pacific Journal of Business
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    • v.9 no.4
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    • pp.119-135
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    • 2018
  • Currently, Korean firms are making a lot of effort to invest in research and development (R&D) by spending a lot of development costs in order to cope with the 4th industrial revolution. On the other hand, the capital market of Korea, which is the main source of funding, has caused a lot of cost of capital for firms by its reorganization mainly with safe assets in the experience of foreign exchange crisis at the end of 1997, the sub-prime mortgage crisis in 2007 and the bankruptcy of Lehman Brothers in September 2008. Thus, this study empirically analyzed the effect of development expenses on credit rating and firm value. The credit rating was measured by commercial paper(CP) credit rating which is sensitive for investors in terms of risk because it is issued only by the credit of the firms. Firm value was defined as Tobin's Q, which has been widely used in prior studies. The results of the analysis are summarized as follows; Firstly, development expenses did not affect credit rating. Development expenses are recognized as intangible assets for uncertainty of economic benefits and long-term investment. Thus, it seems that there is no effect of development expenses on CP credit rating as CP credit rating is evaluated by short-term credit rating.

Experimental performance characteristics of 1 kW commercial PEM fuel cell

  • Shubhaditya Kumar;Pranshu Shrivastava;Anil Kumar
    • Advances in Energy Research
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    • v.8 no.4
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    • pp.203-211
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    • 2022
  • The aim of this paper is to analyze the performance of commercial fuel cell (rated capacity 1000W) with the help of resistive load and output power variation with change in H2 flow rate and calculate the maximum power point (MPP) of the proton exchange membrane (PEM) while changing AC and DC load respectively. The factors influencing the output power of a fuel cell are hydrogen flow rate, cell temperature, and membrane water content. The results show that when the H2 flow rate is changed from 11, 13, and 15 Lpm, MPP is increased from lower to higher flow rate. The power of the fuel cell is increased at the rate of 29% by increasing the flow rate from 11 to 15 lpm. This study will allow small-scale industries and residential buildings (in remote or inaccessible areas) to characterize the performance of PEMFC. Furthermore, fuel cell helps in reducing emission in the environment compared to fossil fuels. Also, fuel cells are ecofriendly as well as cost effective and can be the best alternative way to convert energy.

Preparation of Anion Exchange Membranes for Electrodialysis by Impregnating Porous Polyethylene Films with Crosslinked Poly(vinylbenzyl ammonium chloride)s (다공성 폴리에틸렌 필름에 가교된 poly(vinylbenzyl ammonium chloride)를 충진한 전기투석용 음이온 교환 복합막의 제조)

  • Kim, Jeong-Hoon;Lee, Jung-Soo;Yoo, Min-Chul;Chang, Bong-Jun;Kang, Ho;Lee, Soo-Bok
    • Membrane Journal
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    • v.18 no.2
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    • pp.138-145
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    • 2008
  • A series of anion exchange composite membranes were prepared and characterized for electro-dialysis process used in the removal of toxic anion and cation polutants in groundwater or wastewater. The membranes were prepared as follows; first, porous poly(ethylene) (PE) substrates were fully impregnated with monomer mixtures with various ratio of vinylbenzylchloride (VBC), divinylbenzene (DVB) and ${\alpha},\;{\alpha}$-azobis(isobutyronitrile) (AIBN). Second, they were thermally polymerized to yield crosslinked poly(VBC-DVB)/PE composite membranes. Finally, the membranes were treated in trimethylamine (TMA)/acetone to give $-N^+(CH_3)_3$-containing poly(VBC-DVB)/PE membranes. The basic membrane properties such as ion exchange capacity (IEC), electric resistance and water content of the resulting membranes were measured as a function of VBC/DVB and TMA/Acetone content. As a result, the composite membranes showed lower electric resistance, lower water content and higher IEC than commercial anion exchange membranes (AMX, Astom) due to thin PE substrates, indicating that the composite membranes could be successfully applied to the electrodialysis for water treatment.

Reinforced Anion-exchange Membranes Employing Porous PTFE Support for All-vanadium Redox Flow Battery Application (전 바나듐 레독스 흐름전지 응용을 위한 다공성 PTFE 지지체를 사용한 강화 음이온교환막)

  • Moon, Ha-Nuel;Song, Hyeon-Bee;Kang, Moon-Sung
    • Membrane Journal
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    • v.31 no.5
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    • pp.351-362
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    • 2021
  • All-vanadium redox flow battery (VRFB) is one of the promising high-capacity energy storage technologies. The ion-exchange membrane (IEM) is a key component influencing the charge-discharge performance and durability of VRFB. In this study, a pore-filled anion-exchange membrane (PFAEM) was fabricated by filling the pores of porous polytetrafluoroethylene (PTFE) support with excellent physical and chemical stability to compensate for the shortcomings of the existing hydrocarbon-based IEMs. The use of a thin porous PTFE support significantly lowered the electrical resistance, and the use of the PTFE support and the introduction of a fluorine moiety into the filling ionomer significantly improved the oxidation stability of the membrane. As a result of the evaluation of the charge-discharge performance, the higher the current efficiency was seen by increasing the fluorine content in the PFAEM, and the superior voltage and energy efficiencies were shown owing to the lower electrical resistance compared to the commercial membrane. In addition, it was confirmed that the use of a hydrophobic PTFE support is more preferable in terms of oxidation stability and charge-discharge performance.

A Review on SEBS Block Copolymer based Anion Exchange Membranes for Water Electrolysis (SEBS 블록 공중합체를 기반으로 한 수전해용 음이온 교환막에 대한 총설)

  • Kim, Ji Eun;Park, Hyeonjung;Choi, Yong Woo;Lee, Jae Hun
    • Membrane Journal
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    • v.32 no.5
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    • pp.283-291
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    • 2022
  • Hydrogen energy has received much attention as a solution to the supply of renewable energy and to respond to climate change. Hydrogen is the most suitable candidate of storing unused electric power in a large-capacity long cycle. Among the technologies for producing hydrogen, water electrolysis is known as an eco-friendly hydrogen production technology that produces hydrogen without carbon dioxide generation by water splitting reaction. Membranes in water electrolysis system physically separate the anode and the cathode, but also prevent mixing of generated hydrogen and oxygen gases and facilitate ion transfer to complete circuit. In particular, the key to next-generation anion exchange membrane that can compensate for the shortcomings of conventional water electrolysis technologies is to develop high performance anion exchange membrane. Many studies are conducted to have high ion conductivity and excellent durability in an alkaline environment simultaneously, and various materials are being searched. In this review, we will discuss the research trends and points to move forward by looking at the research on anion exchange membranes based on commercial polystyrene-b-poly(ethylene-co-butylene)-b-polystyrene (SEBS) block copolymers.

Cellulose Nanocrystals Incorporated Poly(arylene piperidinium) Anion Exchange Mixed Matrix Membranes (셀룰로오스 나노 결정을 도입한 폴리아릴렌 피페리디늄 음이온 교환 복합매질분리막)

  • Da Hye Sim;Young Park;Young-Woo Choi;Jung Tae Park;Jae Hun Lee
    • Membrane Journal
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    • v.34 no.2
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    • pp.154-162
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    • 2024
  • Anion exchange membranes (AEMs) are essential components in water electrolysis systems, serving to physically separate the generated hydrogen and oxygen gases while enabling the selective transport of hydroxide ions between electrodes. Key characteristics sought in AEMs include high ion conductivity and robust chemical and mechanical stability in alkaline. In this study, quaternized Poly(terphenyl piperidinium)/cellulose nanocrystals (qPTP/CNC) mixed matrix membrane was fabricated. The polymer matrix, PTP, was synthesized via super-acid polymerization, known for its excellent ion conductivity and alkaline durability. The qPTP/CNC membrane showed a dense and uniform morphology without significant voids or large aggregates at the polymer-nanoparticle interface. The qPTP/CNC membrane containing 2 wt% CNC demonstrated a high ion exchange capacity of 1.90 mmol/g, coupled with low water uptake (9.09%) and swelling ratio (5.56%). Additionally, the qPTP/CNC membrane showed significantly lower resistance and superior alkaline stability (384 hours at 50℃ in 1 M KOH) compared to the commercial FAA-3-50 membrane. These results highlight the potential of hydrophilic additive CNC in enhancing ion conductivity and alkaline durability of ion exchange membranes.