• 제목/요약/키워드: investment strategy

검색결과 857건 처리시간 0.029초

기업 데이터 전략과 투자를 위한 빅데이터 성숙도 평가 프레임워크 실증 연구 (A Study on Big Data Maturity Assessment Framework for Corporate Data Strategy and Investment)

  • 김옥기;박정;조완섭
    • 한국빅데이터학회지
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    • 제6권1호
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    • pp.13-22
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    • 2021
  • 본 연구의 목적은 기업의 효과적인 데이터 전략 수립과 효율적 투자를 위해 빅데이터 성숙도를 평가하기 위한 프레임워크를 개발하고 이를 실증하는데 있다. 이를 위해 현재까지 개발된 평가의 단점을 보완하여, 기업의 빅데이터 성숙도를 프로세스 통합적으로 평가할 수 있는 프레임워크를 개발하였다. 그 결과 '비전과 전략', '관리', '분석', '활용'의 4가지 평가 영역과 각 영역별 평가항목, 세부내용 및 단계별 준거를 도출하였다. 이를 기업인 설문을 통해 실증하였으며 국내 기업의 빅데이터 성숙도를 진단하였다. 향후 연구방향으로 산업별 특성에 따른 세부 평가요소 개발, 평가 결과에 따른 데이터 활용 프레임워크의 발전, 검증 대상의 조정을 통한 추가적인 타당성 및 신뢰도 향상을 제안하였다.

주식시장국면 예측과 투자전략에 대한 연구 (A Study on Stock Market Cycle and Investment Strategies)

  • 손경우;정지영
    • 아태비즈니스연구
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    • 제13권4호
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    • pp.45-59
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    • 2022
  • Purpose - This study investigates the performance of investment strategies incorporating estimated stock market cycle based on a lead-lag relationship between business cycle and stock market cycle, thereby deriving empirical implications on risk management. Design/methodology/approach - The data period ranges from June 1953 to September 2022 and de-trended short rate, term spread, credit spread, stock market volatility are considered as major input variables to estimate business cycle and stock market cycle by applying probit model. Based on the estimated stock market cycle, two types of strategies are constructed and their performance relative to the benchmark is empirically examined. Findings Two types of strategies based on stock market cycle are considered: The first strategy is to long(short) on stocks when stock market stage is expected to be an expansion(a recession), and the second one is to long on stocks(bonds) when expecting an expansion(a recession). The empirical results show that the strategies based on stock market cycle outperforms a simple buy and hold strategy in both in-sample and out-of-sample investigation. Also the out-of-sample evidence suggests that the second strategy which is in line with asset allocation is more profitable than the first one. Research implications or Originality The strategies considered in this study are based on the estimated stock market cycle which only depends on a few easily available financial variables, thereby making easier to establish such a strategy. It implies that investors enhance investment performance by constructing a relatively simple trading strategies if they set their position on stocks or choose which asset class to buy conditioning on stock market cycle.

유비쿼터스 서비스 모델의 성과 평가 모형 개발에 관한 연구 : u-Health 서비스의 투자 타당성을 중심으로 (Development of Investment Evaluation Model for Ubiquitous Health Service)

  • 남세일;김민관;이차영;한창희
    • Journal of Information Technology Applications and Management
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    • 제15권1호
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    • pp.183-202
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    • 2008
  • The introduction of a ubiquitous environment has realized commercial ubiquitous services in various industrial fields and government area. The central and/or local governments are demanding an appropriate investment evaluation model for ubiquitous service. Thus, this study develops and suggests an evaluation model for ubiquitous service by reflecting its characteristic of promoting public good, as well as its broad ripple effect on people. The investment evaluation model for ubiquitous service suggested by this study is based on Cost Benefit Analysis Method. Especially, the 'Benefit' is analyzed in two aspects; 'Economic Benefit', which shows the benefit that ubiquitous service providers to the overall local economy, and; 'Financial Benefit', which shows the profit of individual investors participating in the introduction of ubiquitous service. The investment evaluation model for ubiquitous service suggested by this study can be used by the central and/or local government during their evaluation for investment before introducing a ubiquitous service. Also, when introducing a ubiquitous service in public field, the model can be used to support the decision making of private businesses for investment. Finally, it can be used to promote and inform the expected benefits of introducing a ubiquitous service to local residents.

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해양바이오 분야 정부 R&D 지원사업의 동향과 함의 (Trends in the Korean Government Support for Marine Biotechnology R&D Investment and Its Implication)

  • 장덕희;도수관
    • Ocean and Polar Research
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    • 제40권3호
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    • pp.177-190
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    • 2018
  • This study seeks to analyze trends in Korean government support for marine biotechnology R&D investment. The quantitative analysis proposed in this paper provides useful data to inform government policy making decisions in relation to R&D investment in the marine biotechnology. Data used in this study is from NTIS (National Science & Technology Information Service) DB. Empirical results indicate that national R&D investment in the area of marine biotechnology has recently been increased in terms of the number of R&D programs and the amount of R&D investment. The results also show that the R&D programs in the area of marine biotechnology involve various Ministries of the government of Korea, although the Ministry of Oceans and Fisheries (MOF) performed a key role in the R&D investment in the marine biotechnology. Finally, the results of social network analysis in this study reveals that most of the R&D programs in the area of marine biotechnology seeks the development of new materials using unique features of marine bioresources.

통신사업자 투자지출액 변화에 따른 투자효과 실증분석 연구 : 해외 사례를 중심으로 (An Empirical Study on Investment Effects as Investment Expenditure Patterns of Telecommunication Companies : Focused on Foreign Telecommunication Firms)

  • 박혜수;지성현;박선영
    • Journal of Information Technology Applications and Management
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    • 제20권4호
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    • pp.67-81
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    • 2013
  • Domestic telecommunication companies have increased in marketing expenditures and capital investments in their plants and equipments. Their expectation for their investment sometimes results in the shrinking of their ARPUs(average revenues per user) as well as decreasing of net profits. Those financial efforts have not always been positive relation with their ARPUs. Since western and european telecommunication industry recently have similar situation with our market where their mobile and network users have been saturated so that no more increased users are estimated. Therefore, this paper aims for first to explore methods maximizing the investments efficiency for the telecommunication company so that we choose bechmarked telecommmunication companies to explore their investment managing situation with resepct to their marketing and capital expenditure. Secondly this paper tried to suggest several public policy guidelines for domestic telecommunication industry. Total seventeen foreign telecommunication companies were selected and data set through official IR as well as AR were chosen. Curvilinear logarithmic regression analysis were tested to obtain elasticities as well as marginal effects. As a result, overspending on the marketing investment showed more negative indicators to their revenues, on the other hand, more investment in the Capex such as network infrastructures and other service facilities were more likely related to positive revenues.

품질전략과 경영성과간의 관계에서 통제시스템의 매개효과 (The intermediate Effects of Control System on the Relationship between Quality Strategy and Performance)

  • 김달곤
    • 품질경영학회지
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    • 제30권3호
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    • pp.150-167
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    • 2002
  • Normative theory suggests that control systems should be designed to complement management's objectives and strategies. However, few empirical studies have focused on how control systems have been modified to complement new manufacturing techniques, such as zero-defect strategy. The major purpose of this study is to examine the effects of the attributes of quality strategy and control system on performance. The previous studies have subdivided quality strategy into the ECL(economic conformance level) and ZD(zero-defect) strategy. To accomplish the purpose, this study empirically analysed the data based on the questionnaires from manufacturing department personnel of 67 Korean companies. The major results are as follows. The companies that had implemented the ZD strategy and its control system outperformed the companies that had implemented ECL strategy. Also, the ZD strategy differs from ECL strategy in control system, the criteria of performance evaluation and feedback frequence variable. There is no difference in quality performance monitoring and communication variable. From this results, although many companies have strived for continuous improvement of quality, it was restricted in improvement activities that dont's required much investment cost, quality performance monitoring and communication.

발전주의 복지국가에서 사회투자국가로: 일본 사례를 중심으로 (From a Developmentalist Welfare State to a Social Investment State: A Case Study of Japan)

  • 권순미
    • 한국사회정책
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    • 제25권1호
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    • pp.231-257
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    • 2018
  • 일본은 동아시아 발전주의 복지모델을 대표하는 국가 중 하나로 꼽힌다. 그러나 이 논문은 일본이 최근 사회투자국가로 전환했다고 주장한다. 제도적 경로 의존성에 따라 발전주의적 성격이 여전히 남아 있음에도 불구하고, 저출산 고령화등 새로운 사회적 위험에 대한 발전주의 복지국가의 제도적 비조응성이 증대하면서 민주당정권의 '제3의 길'에서 시작된 사회투자국가 노선은 '일본 1억 총활약 플랜'으로 상징되는 아베노믹스 제2단계로 계승되었다. 이 연구는 성장과 분배의 선순환을 강조하는 새로운 복지국가 패러다임이 정책 아이디어 차원에서만이 아니라 여성의 고용 활성화, 아동에 대한 투자, 돌봄 지원정책 등 일-가족 양립과 관련한 공공정책 영역에서 포괄적으로 추진되고 있음을 밝힌다.

The Relationships among Orientations of IT Strategy, Directions of IT Portfolio, and IT Performance

  • Kang Taegyung;Park Sanghyuk
    • 한국정보시스템학회:학술대회논문집
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    • 한국정보시스템학회 2004년도 추계학술대회
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    • pp.201-208
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    • 2004
  • Many organizations experience that the Performance they gained from IT portfolio is lower than they expected values. As with any investment, executives are concerned with maximizing the performance from their investment in IT. This study focused on the relationship or fit between orientations of IT strategy and directions of IT portfolio to maximize IT performance. A field survey of chief information officers of Korea manufacturing sector was conducted in 2003. Complete data of 147 firms was analyzed to determine relationship among the three research constructs that are orientations of IT strategy, directions IT portfolio, and IT performance. In this study, the orientations of IT strategy have two dimensions that are operation orientation and market orientation. The directions of IT portfolio have two dimension that are internal system focused and external system focused. And the IT performance has divided into operational performance and competitive performance. As a result of this study, the companies that are putting a focus with operation orientation were concentrated on internal information systems than external information systems. On the other hand, the other companies that are focused on market orientation were concentrated on external information systems than internal information systems. Consequently, the companies that are focused on operation orientation were operational performance higher than competitive performance and the other companies that are focused on market orientation were competitive performance higher than operational performance. More importantly, the research results provide empirical evidence that supports the hypothesis related to closer fit between IT strategy and IT portfolio does lead to increase operational and competitive performance of IT. And the results emphasize manager's efforts of fit between orientations of IT strategy and directions of IT portfolio to be realized IT performance.

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국가 연구개발 투자시스템의 레버리지 전략: 시스템 다이내믹스 접근 (Leverage Strategy to National R&D Investment in Korea: A System Dynamics Approach)

  • 박헌준;오세홍;김상준
    • 한국시스템다이내믹스연구
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    • 제5권2호
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    • pp.33-66
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    • 2004
  • This study is an exploratory investigation on how national R&D investments decisions are made in Korea. For developing system dynamic model, we are interested in locating three structural dilemma, occurring with the Korean NIS. In so doing, we intend to devise the ways of ameliorating problems within the NIS investment decision-making process by providing policy implications. We identify delays and side effects during transition periods between different stages of technology innovation by perceiving the switching pattern dynamically, in which form of technologies shifts from one to another stage like paradigm shift, when the R&D investment reaches a certain stock. It is also suggested that the development of strategies is necessary in order to enhance efficiency of technological development process.

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IT프로젝트 규모와 유형에 따른 IT투자 의사결정기준의 차이 (The Impact of IT Project Size and Types on IT Investment Decision Criteria)

  • 이국희
    • Journal of Information Technology Applications and Management
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    • 제12권1호
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    • pp.191-211
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    • 2005
  • This study investigates the decision criteria used in the context of IT investment decision making and empirically analyzes the impact of IT project size and types on the importance of decision criteria. 5 criteria which have been extracted from the previous studies and industry practices are budget, financial benefits. strategic value. risk, and the degree of proposer's eagerness. Data of 120 IT project proposals have been collected from 5 companies including bank, insurance. and stock trading company. As results of ANOVA test. 7 out of 10 hypothesis have been accepted statistically. That is. the bigger the project size. the higher the evaluation weight of project budget and risk criteria and the lower the weight of proposer's eagerness. And in case of the infrastructure investment type. the emphasis is placed more on strategic value and risk criteria and less on financial benefit and proposer's eagerness. These findings provide insights for both IT practitioners and researchers.

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