• Title/Summary/Keyword: technology financing

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A Literature Review on the Industrial History of Assistive Technology (Rehabilitation Engineering) and the Developmental Plan of Industry (한국 보장구(재활공학)산업의 역사와 발전 방안에 관한 고찰)

  • Kim, Myung-Hoe
    • Physical Therapy Korea
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    • v.4 no.3
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    • pp.84-96
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    • 1997
  • This paper reviews the developmental plan of industry in the industrial present condition of Korean Assistive Technology (Rehabilitation Engineering). The discussion includes the important role that go ahead the research of present condition about the enterprise of Assistive Technology (Rehabilitaton Engineering), reinforce the standard of equipment, the enterprise requesting the enlargement of facilities must lease a low late by the bank financing, give a necessary funds to a excellent minor enterprise, support a variety custom reduce method to buy a machine parts and machinery. The education master plan for rehabilitation engineer must be necessary the national medical engineer by establishing over one department at one big city and one province Further more research studies are required to realize on the developmental plan of Assistive Technology (Rehabilitation Engineering).

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The Improving Direction of Korean Eco-Industrial Park Construction Project (한국 생태산업단지 구축사업의 개선방향)

  • Kong, Hyung-Ok;Ko, Jae-Cheol
    • Journal of the Korean Applied Science and Technology
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    • v.28 no.4
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    • pp.418-430
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    • 2011
  • This study was conducted to provide an improving direction of K-EIP(Korean Eco-Industrial Park) construction project by company's voluntary participation. For this purpose, we investigated and analyzed the status of domestic eco-industrial park projects from various literatures, foreign EIP cases and FGI(Focus Group Interview). The key issues to construct a voluntary K-EIP are the lack of experts, the difficulties of commercialization financing, and so on. In this study, therefore, the programs to resolve these problems in K-EIP construction project were suggested at the level of government and corporation.

An Improved Technology Appraisal Model Considering Macroeconomic Variable : A Case of KOTEC (거시경제변수를 고려한 기술평가모형의 개선 : 기술보증기금의 사례)

  • Kim, Dae Cheol;Kim, Jae Bum;Cho, Keun Tae
    • Korean Management Science Review
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    • v.30 no.2
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    • pp.117-132
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    • 2013
  • The objective of this paper is to provide an improved technology appraisal model, which considers a variety of macroeconomic variables such as consumer price index and producer price index. The improved model was built using cross correlation analysis and logistic regression analysis. The AUROC analysis showed that goodness-of-fit of the proposed model turned out to be improved than that of the existing model. The model proposed in the paper would be helpful for making a reasonable investments and financing decision, lessening the default rates by systematic risk management, and enhancing the technology commercialization capabilities.

A Study on the Information Design for the Daeduk Valley Directory of Source Technology as a Film Contents Producing Technique (영상컨텐츠 제작을 위한 대덕밸리 원천기술 자료집의 정보디자인에 관한 연구)

  • 이현이;이광훈;김진용;김창수
    • Proceedings of the Korea Contents Association Conference
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    • 2004.05a
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    • pp.456-460
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    • 2004
  • Daejeon metropolitan city is now financing an undertaking for building the film production town in daeduk valley as one of strategic industries, at this point of time it is very necessary to studying on the source technology in daeduk valley as a present status and future practical application methods for the filmmakers. This study deals with information design for the Daeduk Valley directory of source technology as a film contents producing technique, with emphasis on the design planning and formation of Daeduk Valley directory about various source technologies for film making from a filmmaker's point of view.

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Library Professionals' Perception on the ICT Applications in Engineering College Libraries: A study on Tamil Nadu, India

  • Dhanavandan, Sadagopan
    • International Journal of Knowledge Content Development & Technology
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    • v.7 no.1
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    • pp.5-22
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    • 2017
  • This study discusses the library professionals' perception of the ICT Applications in engineering college libraries in Tamil Nadu. The relevant data was collected from the library professionals in the self financing engineering colleges situated in Kanchipuram and Thiruvallur district of Tamil Nadu. 625 questionnaires were distributed, 504 replied with a response rate of 80.64%. It was found that the respondents with experience 'Below 5 years'gave 'Lack of infrastructure' as the first priority. 'Lack of interest on the part of users' and 'No support from administration in training library professionals' were the second and third preferences indicated by the respondents. The least preferences were given for 'Fear of ICT application'. Similarly, respondents with experience '6-10 years' indicated 'No support from administration in training library professionals' as the first priority. The least preference was given for 'Inadequate training in ICT applications' by the above respondents. It can be inferred that the professionals accepted and need the training in ICT applications.

An Empirical Study on Debt Financing of Family Firms : Focused on Packing Order Theory (가족기업의 부채조달에 관한 실증연구 : 자본조달순위이론을 중심으로)

  • Jung, Mingeu;Kim, Dongwook;Kim, Byounggon
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.19 no.3
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    • pp.337-345
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    • 2018
  • The purpose of this study is to analyze the relationship between the characteristics of Korean family firms and the impact of debt financing. The analysis period was 10 years from 2004 to 2013, and the sample consisted of 4,008 non-financial firms listed on the Korea Exchange. For the analysis, the unbalanced panel data with time - series, cross - section data were formed and analyzed using panel data regression analysis. The results are as follows. First, Korean family firms use relatively less debt than non - family firms. It can be understood that family firms in which the dominant family owns and dominates the corporation are less likely to increase their debt because the agent problem is alleviated and the need for the control effect of Jensen (1986) is lowered. Second, in the verification of the packing order theory using the model proposed by Shyam-Sunder and Myers (1999), family firms have higher compliance with the packing order theory than non-family firms do. When financing is needed, debt is preferred over equity issuance. However, for Korean family firms, 24.38% of the deficit funds are financed through the issuance of net debt, which is relatively low compared to the 75% shown in the analysis of Shyam-Sunder and Myers (1999). These results reveal the limit to the strong claim that the Korean family firms follow the packing order theory.

A Study on the Impacts of Financial Activities during pre-listing on the Venture Firms' listing(delisting) (상장 이전의 재무활동이 벤처기업의 상장유지(폐지)에 미치는 영향 분석)

  • Jeon, Yang-Jin
    • Management & Information Systems Review
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    • v.32 no.2
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    • pp.21-46
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    • 2013
  • The purpose of this paper is to find impacts of financial activities-financing and investment of Venture Firms during pre-listing periods on the firms' Venture Firm's listing(delisting). The several ratios financial variables relevant to the financing and investment were examined whether there are difference or not between two venture firms groups. The results of study can be summarized as follows. First, the firms of successful group have fewer numbers of equity financing and higher times of premium in issuing stocks than those of failed firms but there is no significant difference in the required time from startup to listing the KOSDAQ. Second, there is no significant difference in the ratio of capital increase in IPO between two groups but additional survey reveals that the successful firms financed equity in IPO by higher numbers of premium than failed firms, which can makes the major shareholder of the successful firms maintain high rayios share of stock. Third, the ratio of working capital investment of the successful firms is significantly higher than that of failed firms, on the other hand the failed firms' ratios of equipment and repayment investment are higher than those of successful firms. Finally, the ratio of R&D investment has no difference between two groups, this result is against the expectation, which is to be further analyzed.

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A Study on the Development of the Export Factoring in UK and US (영미 수출팩토링 제도에 관한 연구 - 한국에의 시사점을 중심으로-)

  • Lee, Oun-Yeong
    • International Commerce and Information Review
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    • v.14 no.1
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    • pp.345-366
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    • 2012
  • The country using factoring actively today is England. The history of factoring could throw back to the Middle Ages, but modern factoring was developed in colonial age of the United States and it was known throughout England in 1960s. At the beginning, it performed mercantile agent who works in local area in order to get rid of uncertainty and inconvenience of a distant trade, but it was getting developed into a today's factoring system which focusing more on financial function. The factoring is called 'account receivable financing' in the United States and it is started out as sales agent and getting developed to 'del credere agent' who guarantee the payment. The activities of factors have been expanded to not only consignment sale and payment guarantees but also advance financing service. However, at the end of the 19th century, the direct sales(direct marketing) was expanded by the development of telecommunication and transportation technology, and then the marketing service by factor was degraded, but the collection of payment and advance finance had been maintained until now and developed into today's factoring system. Especially, the establishment of Uniform Commercial Code in 1931 had formed the basis for activating factoring in the United States through preparing a legal basis of factoring. Due to changes of international trade environment, most of commercial bank in Korea have to deal with export factoring as a trade finance service and it is desirable to specialize as a financing for small and medium company.

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A Study on the Operation of SURF in the Bolero System (볼레로 시스템상의 SURF의 운영에 관한 연구)

  • Jeon, Soon-Hwan
    • The Journal of Information Technology
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    • v.6 no.4
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    • pp.163-175
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    • 2003
  • SURF is a compliance engine, checking document content against detail in an established agreement. It provides a single vehicle for handling documentary trade settlement, regardless of the risk profile and financing requirements of the parties involved. That is, SURF, a Value Added Service connected to the Core Messaging Platform, is a documentary trade settlement service. It offers users of the system automated document compliance checking and a tool to manage the workflow in connection with documentary trade settlement. The Service supports varying degrees of risk transfer between buyer, sellers and banks and supports transactions from open account to more complex Letters of Credit.

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Venture Capital Activities and Financing of High-tech Ventures in Korea: Lessons from Foreign Experiences (벤처캐피탈 활동과 벤처기업의 자금조달: 해외 주요국으로부터의 교훈)

  • Kim, KyungKeun;Kutsuna, Kenji
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.9 no.1
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    • pp.33-50
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    • 2014
  • Though South Korea has world-class volume of Venture Capital Investment, as a share of GDP, early stage venture investments are still short, and investments are concentrated in high technology area and Capital area. Because of the high barriers to entry of the new IPO and M&A market, the venture capital companies undergo difficulties in profit. High-tech ventures face difficulties in raising money from outside investors due to information asymmetry between venture investors and venture companies. To resolve these problems, developed countries's government make a co-funding investment scheme with private sectors and design incentive mechanism such as receiving knowledge of the reputable investors' joint venture. Korean central and local government can benchmark those of things. For example, the expansion of the investment volume with private sector, region-specific matching fund and venture capital's exit path diversification such as M&A through the establishment of a business venture eco-system. At the same time, venture companies are to make an efforts to enhance the ability of screening for venture companies and the value for investment activities through a joint venture investments.

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