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Theoretical Background of Division of Role in Technology Financing Based on Uncertainty Implied in Industrial Technology Development (산업기술개발의 불확실성에 따른 금융지원의 역할분담에 관한 이론적 고찰)

  • 김선근
    • Journal of Technology Innovation
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    • v.5 no.1
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    • pp.206-222
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    • 1997
  • The conventional analysis with which justifies government intervention of the private sector's innovation activities is the market failure approach. According to such analysis, fund allocation through autonomous market mechanisms is not optimal in technology financing because of the disparity between the desirable level of investment for society as a whole and that for private firms. To optimize the fund allocation, public policies such as subsidy, preferencial loan and venture capital investment programs are designed for technology development projects performed by private firms. They, however, have not been effective in increasing private investment for such projects. In most cases, it was found that little considerations given to the relationship between uncertainty embodied in technology development projects and each types of financing. With respect to optimizing fund allocation, technology development projects should be financed by different means according to their probability of success and the expected value of technology. Employing various theoretical models on financing decision-making we verify here that technology development projects to be supported by commercial banks or venture capital institutions is limited contingent upon levels of uncertainty adn expected value. Under the assumption that financial institutions are risk averse, loan or investment can be available only if the probability of success of the project is higher than the probability premium and the current market rate of interest. Therefore, the projects that have lower probability of success and/or small expected return are excluded from commercial loan or investment programs. However, the remaining projects, whose probability of success is low but with high expected return, may be applied under government subsidy programs. To achieve optimality of fund allocation and to activate technology financing, we conclude that there should be a systematic division of role among financial institutions including government commercial banks, and venture capital institutions.

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A case study on balanced customer segmentation (균형적 고객세분화에 관한 사례연구)

  • Yoon Jong-Wook;Yoon Jong-Soo
    • Journal of the Korea Society of Computer and Information
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    • v.11 no.2 s.40
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    • pp.303-317
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    • 2006
  • The process of segmenting customers in CRM should take into equal consideration both the companies' and customers' expected value. However, most of the current studies on customer segmentation have focused only on the companies view in terms of profitability. This study focuses on clarifying a problem and proposing a modified view in the customer segmentation step. The authors offer a proposition which is beneficial to both customers and companies, and thus makes the segmentation step more balanced. There is a two-pronged focus on customer segmentation in this study: first, this paper proposes a balanced view considering not only companies' expected value, but also that of the customers'. Secondly, such balanced segmentation will give a more accurate definition of loyal customers for a given company. This new approach can be expected to improve the level of satisfaction and the length of customer retention, and to increase effectiveness in corporate resource allocation for customer target marketing, as well as improve company insight into customer needs and preferences.

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Science & Engineering Degrees and Human Resource Element Value Estimation in Technology Jobs : the US Case (기술직에서 이공계학위와 인적자원요소의 가치평가 : 미국사례)

  • Lee, Sae Jae;Lee, Hyun Soo
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.40 no.4
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    • pp.221-229
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    • 2017
  • In the international businesses human resource elements acquired in different countries might have different values in varied industries due to the different quality of education and experiences in the original countries. Using selection models to evaluate expected values in earnings equation of human resource elements such as education and experiences etc. acquired in sending countries, system equations are expanded to examine also the values of science and engineering degrees in technology jobs with selectivity bias correction. This paper used the US census survey data of 2015 on earnings, academic degrees, occupations etc. The US has long maintained the policy of accepting more STEM workers than any other countries and helped maintaining own technological leadership. Assuming per capita GDP gap between the sending country and the US downgrades immigrant human resource quality, it rarely affects occupational selection but depresses earnings on average by two or more years' worth of education. Immigrant quality index in the sense of GDP gap appears to be a valid tool to assess the expected earnings of the worker with. Engineering degrees increase significantly the probability of selecting not only engineering jobs but also general management jobs, as well as increasing the expected earning additionally over nine years'worth of education. Getting a technology job is additionally worth about four years of education. Economics and business degrees are worth additionally almost six years of education but humanities degrees depress expected earnings. Since years after immigration does not very fast enhance earnings capacity, education level and English language ability might be more useful criteria to expect better future earnings by.

A Study on the development plan for the smooth fixation of the RNTC (부사관학군단(RNTC)의 원활한 정착을 위한 발전방안 연구)

  • Eung-woo Nam;Jong-Hyun Park
    • Convergence Security Journal
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    • v.22 no.4
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    • pp.53-63
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    • 2022
  • The Ministry of National Defense reintroduced the non-commissioned officer corps (RNTC) system for colleges from 2015 and has been testing it for five years. The reason for this is that the acquisition of non-commissioned officers in the military is low and the level of manpower management is low. Through the implementation of the NCO(RNTC) system, the military expected that the colleges would stably acquire non-commissioned officers with excellent resources in various major fields, and the colleges expected positive results in entrance exams and employment. However, when analyzing the results of the pilot operation, it can be evaluated that the expected results have not been achieved. It was found that the system needs to be supplemented and improved to achieve the purpose of the system implementation in the promotion of recruitment of district candidates, selection evaluation, operation and the cooperative system between the military and colleges. Therefore, in this study, a development plan was presented to supplement the system and operation system so that the non-commissioned officer corps system can be smoothly established at universities and obtain the expected results from the military and colleges.

Design of Interior Space for Psychological Safety of Passengers according to In-Vehicle Activity of Fully Autonomous Vehicle (완전자율주행자동차 실내행위 유형에 따른 탑승자의 심리적 안전성 확보를 위한 실내 공간 설계)

  • Ryu, Ji Min;Kwon, Ju Yeong;Ju, Da Young
    • Science of Emotion and Sensibility
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    • v.24 no.2
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    • pp.13-24
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    • 2021
  • In level 5 (mind-off) of autonomous driving, the autonomous vehicle passengers are expected to have various activities such as face-to-face meetings, working, relaxing, and watching movies. In particular, various changes in the interior space of the vehicle are expected. Moreover, according to the survey conducted by the American Automobile Association, 73% of the respondents reported that they were afraid to board autonomous vehicles. In level 5 of autonomous driving, the subject of safety was expected to be transferred to autonomous vehicles; thus, research should be conducted from the user's perspective. Recently, various studies have been conducted to secure the safety of fully autonomous vehicles. However, there are limited studies addressing the psychological safety of actual passengers. Therefore, this study conducted a questionnaire based on the AHP technique. Consequently, the automobile safety system's priority for securing passengers' psychological safety according to each type of indoor behavior was derived, and the interior space for securing the psychological stability of passengers was suggested based on the obtained results. This study offers a new direction for interior space design, satisfying the psychological safety of passengers. This study is important because it advocates that the interior environment of fully autonomous driving cars is expected to be designed to secure the user's psychological safety.

Improvement Performance of Graphene-MoS2 Barristor treated by 3-aminopropyltriethoxysilane (APTES)

  • O, Ae-Ri;Sim, Jae-U;Park, Jin-Hong
    • Proceedings of the Korean Vacuum Society Conference
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    • 2016.02a
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    • pp.291.1-291.1
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    • 2016
  • Graphene by one of the two-dimensional (2D) materials has been focused on electronic applications due to its ultrahigh carrier mobility, outstanding thermal conductivity and superior optical properties. Although graphene has many remarkable properties, graphene devices have low on/off current ratio due to its zero bandgap. Despite considerable efforts to open its bandgap, it's hard to obtain appropriate improvements. To solve this problem, heterojunction barristor was proposed based on graphene. Mostly, this heterojunction barristor is made by transition metal dichalcogenides (TMDs), such as molybdenum disulfide ($MoS_2$) and tungsten diselenide ($WSe_2$), which have extremely thickness scalability of TMDs. The heterojunction barristor has the advantage of controlling graphene's Fermi level by applying gate bias, resulting in barrier height modulation between graphene interface and semiconductor. However, charged impurities between graphene and $SiO_2$ cause unexpected p-type doping of graphene. The graphene's Fermi level modulation is expected to be reduced due to this p-doping effect. Charged impurities make carrier mobility in graphene reduced and modulation of graphene's Fermi level limited. In this paper, we investigated theoretically and experimentally a relevance between graphene's Fermi level and p-type doping. Theoretically, when Fermi level is placed at the Dirac point, larger graphene's Fermi level modulation was calculated between -20 V and +20 V of $V_{GS}$. On the contrary, graphene's Fermi level modulation was 0.11 eV when Fermi level is far away from the Dirac point in the same range. Then, we produced two types heterojunction barristors which made by p-type doped graphene and graphene treated 2.4% APTES, respectively. On/off current ratio (32-fold) of graphene treated 2.4% APTES was improved in comparison with p-type doped graphene.

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A Study of the Relationship between the Leadership Style of the Head Nurse and Nurses과 Burnout Level (수간호원의 리더쉽 유형과 간호원의 소진 (Burnout) 경험 정도와의 관계)

  • 김화실
    • Journal of Korean Academy of Nursing
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    • v.14 no.1
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    • pp.21-33
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    • 1984
  • The purpose of this study was to define the relationship between the leadership style of head nurses and the burnout level of nurses by taking into consideration the factors which influence the level of burnout and which show how burnout varies according to the leadership style of lead nurses. The subjects of the survey were 355 ward nurses and their 48 head nurses working in five university hospitals in Seoul. The nurses were surveyed by means of a questionnaire from Sept. 22 though Sept. 29, 1983. The Leadership Scale devised by Fleishman, and modified by Lee, and the Burnout Scale developed by Pines et al, and adapted to the Korean situation by Peek, were used as a basis of ;his survey This researcher subjected the questionnaire to a pre-test and to an internal reliability consistency test through item analysis. For the purpose of analysis of the data, the general characteristics were set at Mean and the general characteristics of head nurses in relation to the level of burnout of nurses was analysed by the Pearson Correlation Coefficient. The relation between head nurses' general characteristics 3nd leadership style, the relation between nurses' general characteristics and level of burnout and the level of burnout of nurses according to the different style of leadership of head nurses were analysed by ANOVA. A summary of the results of the study is as follows. 1. Hypothesis:“That the burnout level of the nurse will be different according to the leadership style of the head nurse”was supported. 2. Analysis of the relationship between the head nurse's general characteristics and the leadership style of the head nurse showed that the leadership style of the head nurse was not related to age and experience as head nurse. 3. Analysis of the relationship of nurses' burnout levels to general characteristics of nurses showed statistically significant differences in burnout levels according to working departments, expected working period and reasons for selecting nursing as a profession. Also, the burnout level of nurses was negatively related to the head nurse's age and experience as a head nurse.

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A Method to Filter Out the Effect of River Stage Fluctuations using Time Series Model for Forecasting Groundwater Level and its Application to Groundwater Recharge Estimation (지하수위 시계열 예측 모델 기반 하천수위 영향 필터링 기법 개발 및 지하수 함양률 산정 연구)

  • Yoon, Heesung;Park, Eungyu;Kim, Gyoo-Bum;Ha, Kyoochul;Yoon, Pilsun;Lee, Seung-Hyun
    • Journal of Soil and Groundwater Environment
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    • v.20 no.3
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    • pp.74-82
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    • 2015
  • A method to filter out the effect of river stage fluctuations on groundwater level was designed using an artificial neural network-based time series model of groundwater level prediction. The designed method was applied to daily groundwater level data near the Gangjeong-Koryeong Barrage in the Nakdong river. Direct prediction time series models were successfully developed for both cases of before and after the barrage construction using past measurement data of rainfall, river stage, and groundwater level as inputs. The correlation coefficient values between observed and predicted data were over 0.97. Using the time series models the effect of river stage on groundwater level data was filtered out by setting a constant value for river stage inputs. The filtered data were applied to the hybrid water table fluctuation method in order to estimate the groundwater recharge. The calculated ratios of groundwater recharge to precipitation before and after the barrage construction were 11.0% and 4.3%, respectively. It is expected that the proposed method can be a useful tool for groundwater level prediction and recharge estimation in the riverside area.

Hierarchical Bayesian Model Based Nonstationary Frequency Analysis for Extreme Sea Level (계층적 베이지안 모델을 적용한 극치 해수위 비정상성 빈도 분석)

  • Kim, Yong-Tak;Uranchimeg, Sumiya;Kwon, Hyun-Han;Hwang, Kyu Nam
    • Journal of Korean Society of Coastal and Ocean Engineers
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    • v.28 no.1
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    • pp.34-43
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    • 2016
  • Urban development and population increases are continuously progressed in the coastal areas in Korea, thus it is expected that vulnerability towards coastal disasters by sea level rise (SLR) would be accelerated. This study investigated trend of the sea level data using Mann-Kendall (MK) test, and the results showed that the increasing trends of annual average sea level at 17 locations were statistically significant. For annual maximum extremes, seven locations exhibited statistically significant trends. In this study, non-stationary frequency analysis for the annual extreme data together with average sea level data as a covariate was performed. Non-stationary frequency analysis results showed that sea level at the coastal areas of Korean Peninsula would be increased from a minimum of 60.33 mm to a maximum of 214.90 mm by 2100.

Effects of Graded Levels of Rice Bran Oil on Laying Performance, Blood Parameters and Egg Yolk Cholesterol in Hy-Line Laying Hens

  • Kim, Chan Ho;Park, Seong Bok;Kang, Hwan Ku
    • Korean Journal of Poultry Science
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    • v.43 no.2
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    • pp.89-96
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    • 2016
  • This study aimed to determine the effect of different dietary level of rice bran extract (RBO) on the laying performance, egg quality, blood parameter, cholesterol, and fatty acids in yolk of Hy-Line Laying hens. In all, 144 Hy-Line Brown laying hens (29 weeks old) were randomly allocated to one of 4 dietary treatments, with 4 replicates per treatment. A commercial basal diet was used and three additional diets were prepared by supplementing 2.5, 5.0 or 10.0 g/kg of RBO to the basal diet. The experimental diets were fed on an ad libitum basis to the bird during 8 weeks. Hen-day egg production increased (quadratic, p<0.05) with inclusion level of RBO, but feed intake, egg weight, and egg mass were not influenced by inclusion of level of RBO in diet. However, the supplementation of RBO did not have an effect on eggshell strength, eggshell thickness, egg yolk color, and HU during the feeding trial. There were no significant differences in the level of leukocyte. However, heterophil and lymphocytes decreased (quadratic, p<0.01) with inclusion level of RBO. H:L ratio tended to decrease (linear p=0.08) with inclusion level of RBO. As expected, increasing inclusion level of RBO in diets decreased (linear, p<0.01) the concentrations of total cholesterol in plasma. AST, ALT, glucose, and albumin were not affected by inclusion of RBO in diets. Egg yolk cholesterol increased (linear and quadratic, p<0.05) with inclusion level of RBO in diet. The results of this study indicate that dietary supplementation of RBO improves laying performance and decreased total cholesterol and egg yolk cholesterol levels in laying hens. Therefore, dietary RBO is considered a valuable functional ingredient to improve the performance of birds.