• 지식경영연구
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• 제10권3호
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• pp.115-132
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• 2009

This paper makes an analysis of economic spillover effects of credit guarantee by linking the remainder of guarantee according to industries from 2003 to 2006 in this study. Specifically, total remainder of guarantee in 2006 is approximately 3922 billion and 600 million won on the basis of unchangeable price in 2003, and each funds becomes the input of the last demand in 27 industries over the cow1try and, thereby, induces production, added value, and the effect of employment. The last demand according to industries shows that a lot of funds have been supported to the manufacturing industry for about 1200 billion won, the wholesale and retail for about 1299 billion and 500 million won, food and lodging industry for about 144 billion and 100 million won, education and health care industry for about 132 billion and 600 million won, and social and other service industry for about 339 billion and 300 million won. The spillover effect about the remainder of guarantee in 2006 classified by industries over the country on the basis of production shows the high effects on the manufacturing industry for 37.8%, 2625 billion and 90 million won, the wholesale and retail for 20.7%, 1439 billion and 290 million won, food and lodging industry for 9.4%, 654 billion and 570 million won, real estate and business service industry for 9.2%, 637 billion and 310 million won, social and other service industry for 5.3%, 369 billion and 90 million won, and education and health care industry for 2.9%, 199 billion and 300 million won of the effect causing production over the country, 6945 billion won in order. The effect causing added value shows high spillover effect on the wholesale and retail for 36.7%, 1186 billion and 830 million won, the manufacturing industry for 25.8%, 831 billion and 500 million won, food and lodging industry for 14.9%, 480 billion and 980 million won, social and other service industry for 9.3%. 300 billion and 160 million won, and real estate and business service industry for 4.2%, 135 billion and 36 million won of the effect causing added value over the country in order. Finally, the effect causing employment shows a lot of employment have occurred in the wholesale and retail for 37.4%, 23,060 people, the manufacturing industry for 18.9%, 11,637 people, food and lodging industry for 13.7%, 8,429 people, social and other service industry for 7.9%, 4,866 people, and real estate and business service industry for 5.6%, 3,429 people of 61,617 people in order.

• 무역상무연구
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• 제69권
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• pp.261-301
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• 2016

Recently the abusive calls on on-demand bonds have been a critical issue among many engineering and construction companies in Korea. On-demand bond is referred to as an independent guarantee in the sense that the guarantee is independent from its underlying contract although it was issued based on such underlying contract. For this reason, the issuing bank is not required to and/or entitled to look into whether there really is a breach of underlying contract in relation to the call on demand-bonds. Due to this kind of principle of independence, the applicant has to run the risk of the on demand bond being called by the beneficiary without due grounds. Only where the call proves to be fraudulent or abusive in a very clear way, the issuing bank would not be obligated to pay the bond proceeds for the call on on-demand bonds. In order to prevent the issuing bank from paying the proceeds under the on-demand bond, the applicant usually files with its competent court an application for injunction prohibiting the beneficiary from calling against the issuing bank. However, it is in practice difficult for the applicant to prove the beneficiary's call on the bond to be fraudulent since the courts in almost all the jurisdictions of advanced countries require very strict and objective evidences such as the documents which were signed by the owner (beneficiary) or any other third party like the engineer. There is another way of preventing the beneficiary from calling on the bond, which is often utilized especially in the United Kingdom or Western European countries such as Germany. Based upon the underlying contract, the contractor which is at the same time the applicant of on-demand bond requests the court to order the owner (the beneficiary) not to call on the bond. In this case, there apparently seems to be no reason why the court should apply the strict fraud rule to determine whether to grant an injunction in that the underlying legal relationship was created based on a construction contract rather than a bond. However, in most jurisdictions except for United Kingdom and Singapore, the court also applies the strict fraud rule on the ground that the parties promised to make the on-demand bond issued under the construction contract. This kind of injunction is highly unlikely to be utilized on the international level because it is very difficult in normal situations to establish the international jurisdiction towards the beneficiary which will be usually located outside the jurisdiction of the relevant court. This kind of injunction ordering the owner not to call on the bond can be rendered by the arbitrator as well even though the arbitrator has no coercive power for the owner to follow it. Normally there would be no arbitral tribunal existing at the time of the bond being called. In this case, the emergency arbitrator which most of the international arbitration rules such as ICC, LCIA and SIAC, etc. adopt can be utilized. Finally, the contractor can block the issuing bank from paying the bond proceeds by way of a provisional attachment in case where it also has rights to claim some unpaid interim payments or damages. This is the preservative measure under civil law system, which the lawyers from common law system are not familiar with. As explained in this article, it is very difficult to block the issuing bank from paying in response to the bond call by the beneficiary even if the call has no valid ground under the underlying construction contract. Therefore, it is necessary for the applicants who are normally engineering and construction companies to be prudent to make on-demand bonds issued. They need to take into account the creditability of the project owner as well as trustworthiness of the judiciary system of the country where the owner is domiciled.

• 한국산업정보학회논문지
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• 제4권4호
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• pp.32-39
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• 1999

주문형 비디오 시스템에서 가변 비트율로 압축된 데이타들은 압축 대상이 되는 데이타의 내용 변화와 압축 기법의 특성으로 인해 단위 시간 당 처리해야 할 데이타 크기가 일정하지 않다. 그러나, 대부분의 주문형 비디오 서버들은 가변 비트율로 압축된 데이타를 실시간에 처리하기 위해 가변 데이타 크기의 최대값으로 시스템 자원을 예약하기 때문에 자원의 활용률이 떨어진다. 본 논문에서는 주문형 비디오 서버에서 시스템 자원의 활용률을 향상시켜 더 많은 사용자를 수용할 수 있는 버퍼 관리 기법을 제안한다. 제안된 버퍼 관리 기법은 데이타에 대한 캐슁 기법과 함께 가변 비트율로 압축된 데이타를 예약할 때 선반입 기법을 적용함으로써 비디오 데이타의 가변성을 줄이고 디스크 대역폭과 서버 버퍼에 대한 활용률을 극대화하였다. 본 논문에서 제안한 버퍼 관리 기법의 효율성은 모의 실험을 통해 확인하였다.

• 한국경영과학회지
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• 제42권1호
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• pp.29-41
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• 2017

Korea is expected to become a super-aged society by 2050. Given an aging population and the increasing pressure for the early retirement, a sufficient social safety net for elderly population becomes important. The Korean government introduced public reverse mortgage program in 2007, which is a product for aging seniors and the elderly, The number of reverse mortgage subscribers has also steadily grown. The demand continues to grow, but the reverse mortgage over a long period of time is a highly uncertain and risky product in the position of guarantee or lending institution. Thus, suitable demand prediction of the reverse mortgage subscribers is necessary for stable and sustainable operation. This study uses a Bass diffusion model to forecast the long-term demand for reverse mortgage and provides insight into reverse mortgage by forecasting demand for stability and substantiality of the loan product. We represent the projections of new subscribers on the basis of the data obtained from Korea Housing Finance Corporation. Results show that potential market size of Korean reverse mortgage reaches approximately 760,000-1,160,000 households by 2020. We validate the results by comparing the estimate of the cumulative number of subscribers with that found in literature.

• Structural Engineering and Mechanics
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• 제58권2호
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• pp.327-345
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• 2016

Many experimental and analytical studies have been conducted with beam-column subassemblages composed of a two-span beam to investigate the progressive collapse resistance of RC frames. Most study results reveal a strength-decreased transition phase in the nonlinear static load-deflection curve, which may induce dynamic snap-through response and increase the chord rotation demand for effective catenary action (ECA). In this study, the nonlinear static response is idealized as a piecewise linear curve and analytical pseudo-static response is derived for each linearized region to investigate the rotation demands for the ECA of the two-span RC beams. With analytical parameters determined from several published test results, numerical analysis results indicate that the rotation demand of 0.20 rad recommended in the design guidelines does not always guarantee the ECA. A higher rotation demand may be induced for the two-span beams designed with smaller span-to-depth ratios and it is better to use their peak arch resistance (PAR) as the collapse strength. A tensile reinforcement ratio not greater than 1.0% and a span-to-depth ratio not less than 7.0 are suggested for the two-span RC beams bridging the removed column if the ECA is expected for the collapse resistance. Also, complementary pseudo-static analysis is advised to verify the ECA under realistic dynamic column loss even though the static PAR is recovered in the nonlinear static response. A practical empirical formula is provided to estimate an approximate rotation demand for the ECA.

• 무역학회지
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• 제43권6호
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• pp.25-50
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• 2018

국제비즈니스에서 구상보증제도는 제도적 특성과 그 간편성으로 그 청구과정에서 많은 문제점에 노출되고 있으며, 또한 이와 관련하여 실제로 많은 분쟁이 발생되고 있는 것이 현실이다. 특히 보증은행 또는 그 보증수혜자의 부당한 또는 사기적 청구, 또는 그 과정에서의 사기의 공모 또는 묵인 등이 있다. 한편 특별한 사유없이 보증은행의 지급거절 또는 법원의 지급금지명령을 통하여 거래당사자 간의 분쟁해결의 수단으로도 악용될 수 있다. 본 연구는 구상보증제도상 보증은행의 부당한 지급거절과 그 관련 쟁점에 대해 사례를 중심으로 분석하였다. 또한 본 연구는 비즈니스 관점에서 그 시사점과 적법한 대응방안을 제시하였다.

• 한국정보처리학회논문지
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• 제7권12호
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• pp.3794-3803
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• 2000

주문형 비디오 서버(Video-on-Demand server)에서 멀티미디어 데이터를 효과적으로 서비스 하기 위해 사용되는 승인제어는 시스템의 정확한 여유 자원 상태의 파악을 통해서 이루어져야 한다. 여러 자원 중에서도 디스크 자원은 요구에 대한 응답 시간이 디스크 외적인 요소에 의해 불규칙적이며 요구량 또한 편차카 크므로 적응성 있는 승인 제어가 필요하다. 기존의 승인 제어 기법에서는 이론적인 수치를 통해 승인 여부를 판단하였고, 실측에 기반할 지라도 서비스 상황에 따른 대처가 미흡했다. 본 논문에서 제안하는 실측 기반 적응형 확률 승인 제어 기법은 실제 서비스 환경에서 오프라인(Off-line) 처리 과정과 온라인(On-line) 처리 과정의 두 단계를 실시한다. 이를 통해 시스템의 자원 상황을 정확히 파악할 수 있고 상황에 따라 적응성 있게 승인 여부를 결정할 수 있다. 따라서 최대한의 자원 활용과 QoS(Quality of Service)를 동시에 보장할 수 있다. 모의 실험에서는 실측을 통해 얻어진 성능의 정확성과 요구 대역폭에 따른 적응성 있는 제어를 보임으로써 비디오 서버가 QoS를 보장하면서 최대한의 자원 활용이 가능함을 보였다.

• The Journal of Asian Finance, Economics and Business
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• 제7권12호
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• pp.195-210
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• 2020

This study describes the structure of the capital markets for small- and medium-sized enterprises (SMEs) and startup companies in Korea, which is an emerging market that has experienced drastic changes. The overall capital market can be divided into private and public capital markets. In the private capital market, most of the demand for capital comes from non-listed private firms, including startups and SMEs. In the case of SMEs and startups, the KOSDAQ, the Korea New Exchange (KONEX), and primary collateralized bond obligations (P-CBOs) are part of the public capital market. SMEs and startups are generally incapable of raising sufficient capital owing to their low credit ratings, and they largely have limited access to primary markets to issue shares and borrow money. The Korean government has developed a systematic financial aid program to provide funds to these companies. The fund for SMEs has significantly contributed to the development of the venture capital market. Many Korean banks provide substantial lending to SMEs, but this lending is available only because of the Korean government's loan recovery guarantee. Furthermore, SMEs can issue corporate debt in the form of primary collateralized bond obligations through government guarantees, but such debt issuances have placed increasing pressure on public guarantee institutions.

• 한국정보과학회:학술대회논문집
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• 한국정보과학회 2012년도 한국컴퓨터종합학술대회논문집 Vol.39 No.1(D)
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• pp.246-248
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• 2012

In this paper, we recommend some game theoretical schemes try to get reliability transmission and resource allocation of the contention free period in overlapped WBAN(Wireless Body Area Net works) environment. Cooperative bargaining game is considered to guarantee a reliability conflict-free transmission. We study it by considering the priorty of device and the demand number of allocated timeslots in the CFP (Contention Free Period), and guarantee the least requested timeslots through bargaining between each user.

• 산업경영시스템학회지
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• 제37권3호
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• pp.64-74
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• 2014

We show how a supplier can peg cost measures to the reliability of his time guarantees via the penalty costs considered in the framework. The framework also enables us to study the connections between the logistics network and the market. In this context, we show that even when the market base increases significantly, the supplier can still use the logistics network designed to satisfy lower demand density, with only a marginal reduction in profit. Finally we show how the framework is useful to evaluate and compare various logistics system improvement strategies. The supplier can then easily choose the improvement strategy that increases his profit with the minimal increase in his logistics costs.