• Asia pacific journal of information systems
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• v.19 no.2
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• pp.139-155
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• 2009

For the last few decades, many studies have tried to explore and unveil venture companies' success factors and unique features in order to identify the sources of such companies' competitive advantages over their rivals. Such venture companies have shown tendency to give high returns for investors generally making the best use of information technology. For this reason, many venture companies are keen on attracting avid investors' attention. Investors generally make their investment decisions by carefully examining the evaluation criteria of the alternatives. To them, credit rating information provided by international rating agencies, such as Standard and Poor's, Moody's and Fitch is crucial source as to such pivotal concerns as companies stability, growth, and risk status. But these types of information are generated only for the companies issuing corporate bonds, not venture companies. Therefore, this study proposes a method for evaluating venture businesses by presenting our recent empirical results using financial data of Korean venture companies listed on KOSDAQ in Korea exchange. In addition, this paper used multi-class SVM for the prediction of DEA-based efficiency rating for venture businesses, which was derived from our proposed method. Our approach sheds light on ways to locate efficient companies generating high level of profits. Above all, in determining effective ways to evaluate a venture firm's efficiency, it is important to understand the major contributing factors of such efficiency. Therefore, this paper is constructed on the basis of following two ideas to classify which companies are more efficient venture companies: i) making DEA based multi-class rating for sample companies and ii) developing multi-class SVM-based efficiency prediction model for classifying all companies. First, the Data Envelopment Analysis(DEA) is a non-parametric multiple input-output efficiency technique that measures the relative efficiency of decision making units(DMUs) using a linear programming based model. It is non-parametric because it requires no assumption on the shape or parameters of the underlying production function. DEA has been already widely applied for evaluating the relative efficiency of DMUs. Recently, a number of DEA based studies have evaluated the efficiency of various types of companies, such as internet companies and venture companies. It has been also applied to corporate credit ratings. In this study we utilized DEA for sorting venture companies by efficiency based ratings. The Support Vector Machine(SVM), on the other hand, is a popular technique for solving data classification problems. In this paper, we employed SVM to classify the efficiency ratings in IT venture companies according to the results of DEA. The SVM method was first developed by Vapnik (1995). As one of many machine learning techniques, SVM is based on a statistical theory. Thus far, the method has shown good performances especially in generalizing capacity in classification tasks, resulting in numerous applications in many areas of business, SVM is basically the algorithm that finds the maximum margin hyperplane, which is the maximum separation between classes. According to this method, support vectors are the closest to the maximum margin hyperplane. If it is impossible to classify, we can use the kernel function. In the case of nonlinear class boundaries, we can transform the inputs into a high-dimensional feature space, This is the original input space and is mapped into a high-dimensional dot-product space. Many studies applied SVM to the prediction of bankruptcy, the forecast a financial time series, and the problem of estimating credit rating, In this study we employed SVM for developing data mining-based efficiency prediction model. We used the Gaussian radial function as a kernel function of SVM. In multi-class SVM, we adopted one-against-one approach between binary classification method and two all-together methods, proposed by Weston and Watkins(1999) and Crammer and Singer(2000), respectively. In this research, we used corporate information of 154 companies listed on KOSDAQ market in Korea exchange. We obtained companies' financial information of 2005 from the KIS(Korea Information Service, Inc.). Using this data, we made multi-class rating with DEA efficiency and built multi-class prediction model based data mining. Among three manners of multi-classification, the hit ratio of the Weston and Watkins method is the best in the test data set. In multi classification problems as efficiency ratings of venture business, it is very useful for investors to know the class with errors, one class difference, when it is difficult to find out the accurate class in the actual market. So we presented accuracy results within 1-class errors, and the Weston and Watkins method showed 85.7% accuracy in our test samples. We conclude that the DEA based multi-class approach in venture business generates more information than the binary classification problem, notwithstanding its efficiency level. We believe this model can help investors in decision making as it provides a reliably tool to evaluate venture companies in the financial domain. For the future research, we perceive the need to enhance such areas as the variable selection process, the parameter selection of kernel function, the generalization, and the sample size of multi-class.

• Journal of KIISE:Software and Applications
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• v.31 no.6
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• pp.808-816
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• 2004

This paper proposes the method of implementation of practical online face verification system based on multiple feature combination and a similarity space. The main issue in face verification is to deal with the variability in appearance. It seems difficult to solve this issue by using a single feature. Therefore, combination of mutually complementary features is necessary to cope with various changes in appearance. From this point of view, we describe the feature extraction approaches based on multiple principal component analysis and edge distribution. These features are projected on a new intra-person/extra-person similarity space that consists of several simple similarity measures, and are finally evaluated by a support vector machine. From the experiments on a realistic and large database, an equal error rate of 0.029 is achieved, which is a sufficiently practical level for many real- world applications.

• Proceedings of the KIEE Conference
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• 2015.07a
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• pp.1373-1374
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• 2015

본 논문은 복잡한 비선형 모델링 방법인 다항식 기반 RBF 뉴럴 네트워크(Radial Basis Function Neural Network)와 벡터공간에서 임의의 비선형 경계를 찾아 두 개의 집합을 분류하는 방법으로 주어진 조건하에서 수학적으로 최적의 해를 찾는 SVM(Support Vector Machine)를 사용하여 3차원 얼굴인식 모델을 설계하고 두 모델의 3차원 얼굴 인식률을 비교한다. 3D스캐너를 통해 3차원 얼굴형상을 획득하고 획득한 영상을 전처리 과정에서 포인트 클라우드 정합과 포즈보상을 수행한다. 포즈보상 통해 정면으로 재배치한 영상을 Multiple Point Signature기법을 이용하여 얼굴의 깊이 데이터를 추출한다. 추출된 깊이 데이터를 RBFNN과 SVM의 입력패턴과 출력으로 선정하여 모델을 설계한다. 각 모델의 효율적인 학습을 위해 PCA 알고리즘을 이용하여 고차원의 패턴을 축소하여 모델을 설계하고 인식 성능을 비교 및 확인한다.

• ETRI Journal
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• v.29 no.5
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• pp.700-702
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• 2007

We present a relevance feedback approach based on multi-class support vector machine (SVM) learning and cluster-merging which can significantly improve the retrieval performance in region-based image retrieval. Semantically relevant images may exhibit various visual characteristics and may be scattered in several classes in the feature space due to the semantic gap between low-level features and high-level semantics in the user's mind. To find the semantic classes through relevance feedback, the proposed method reduces the burden of completely re-clustering the classes at iterations and classifies multiple classes. Experimental results show that the proposed method is more effective and efficient than the two-class SVM and multi-class relevance feedback methods.

• Journal of Platform Technology
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• v.6 no.4
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• pp.18-25
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• 2018

This paper describes a real-time human and robot tracking method in Intelligent Space with multi-camera networks. The proposed method detects candidates for humans and robots by using the histogram of oriented gradients (HOG) feature in an image. To classify humans and robots from the candidates in real time, we apply cascaded structure to constructing a strong classifier which consists of many weak classifiers as follows: a linear support vector machine (SVM) and a radial-basis function (RBF) SVM. By using the multiple view geometry, the method estimates the 3D position of humans and robots from their 2D coordinates on image coordinate system, and tracks their positions by using stochastic approach. To test the performance of the method, humans and robots are asked to move according to given rectangular and circular paths. Experimental results show that the proposed method is able to reduce the localization error and be good for a practical application of human-centered services in the Intelligent Space.

• Journal of Korea Society of Industrial Information Systems
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• v.17 no.7
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• pp.139-148
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• 2012

An ensemble of classifiers is to employ a set of individually trained classifiers and combine their predictions. It has been found that in most cases the ensembles produce more accurate predictions than the base classifiers. Combining outputs from multiple classifiers, known as ensemble learning, is one of the standard and most important techniques for improving classification accuracy in machine learning. An ensemble of classifiers is efficient only if the individual classifiers make decisions as diverse as possible. Bagging is the most popular method of ensemble learning to generate a diverse set of classifiers. Diversity in bagging is obtained by using different training sets. The different training data subsets are randomly drawn with replacement from the entire training dataset. The random subspace method is an ensemble construction technique using different attribute subsets. In the random subspace, the training dataset is also modified as in bagging. However, this modification is performed in the feature space. Bagging and random subspace are quite well known and popular ensemble algorithms. However, few studies have dealt with the integration of bagging and random subspace using SVM Classifiers, though there is a great potential for useful applications in this area. The focus of this paper is to propose methods for improving SVM performance using hybrid ensemble strategy for bankruptcy prediction. This paper applies the proposed ensemble model to the bankruptcy prediction problem using a real data set from Korean companies.

• Journal of the Institute of Electronics Engineers of Korea SP
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• v.48 no.2
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• pp.116-124
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• 2011

In this paper, We implemented vessel USN middleware by server-side method considering characteristics of ocean environment. We designed multiple query process module in order to efficient process multidimensional sensor stream data and proposed optimized query plan using Mjoin query and hash table. This paper proposed method that context aware of vessel and manage considering characteristics of ocean. We decided to risk context using SVM algorithm in context awareness management module. As a result, we obtained about 87.5% average accuracy for fire case and about 85.1% average accuracy for vessel risk case by input 5,000 data sets and implemented vessel USN monitoring system.

• Journal of KIISE:Software and Applications
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• v.32 no.12
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• pp.1247-1259
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• 2005

This paper proposes a real-time face recognition system which detects multiple faces from low resolution video such as web-camera video. Face recognition system consists of the face detection step and the face classification step. At First, it finds face region candidates by using AdaBoost based object detection method which have fast speed and robust performance. It generates reduced feature vector for each face region candidate by using principle component analysis. At Second, Face classification used Principle Component Analysis and multi-SVM. Experimental result shows that the proposed method achieves real-time face detection and face recognition from low resolution video. Additionally, We implement the auto-tracking face recognition system using the Pan-Tilt Web-camera and radio On/Off digital door-lock system with face recognition system.

• Journal of Digital Convergence
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• v.14 no.2
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• pp.245-258
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• 2016

This paper aims to present the way to bring about significant results through performance improvement of learning algorithm in the research applying to machine learning. Research papers showing the results from machine learning methods were collected as data for this case study. In addition, suitable machine learning methods for each field were selected and suggested in this paper. As a result, SVM for engineering, decision-making tree algorithm for medical science, and SVM for other fields showed their efficiency in terms of their frequent use cases and classification/prediction. By analyzing cases of machine learning application, general characterization of application plans is drawn. Machine learning application has three steps: (1) data collection; (2) data learning through algorithm; and (3) significance test on algorithm. Performance is improved in each step by combining algorithm. Ways of performance improvement are classified as multiple machine learning structure modeling, $+{\alpha}$ machine learning structure modeling, and so forth.

• Journal of KIISE
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• v.42 no.2
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• pp.227-234
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• 2015

This paper proposes a modified MI-SVM algorithm by considering data distribution. The previous MI-SVM algorithm seeks the margin by considering the "most positive" instance in a positive bag. Positive instances included in positive bags are located in a similar area in a feature space. In order to reflect this characteristic of positive instances, the proposed method selects the "most positive" instance by calculating the distance between each instance in the bag and a pivot point that is the intersection point of all positive instances. This paper suggests two ways to select the "most positive" pivot point in the training data. First, the algorithm seeks the "most positive" pivot point along the current predicted parameter, and then selects the nearest instance in the bag as a representative from the pivot point. Second, the algorithm finds the "most positive" pivot point by using a Diverse Density framework. Our experiments on 12 benchmark multi-instance data sets show that the proposed method results in higher performance than the previous MI-SVM algorithm.