• Title/Summary/Keyword: uncertainty management

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A Study on Securing Global Big Data Competitiveness based on its Environment Analysis (빅데이터 환경 분석과 글로벌 경쟁력 확보 방안에 대한 연구)

  • Moon, Seung Hyeog
    • The Journal of the Convergence on Culture Technology
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    • v.5 no.2
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    • pp.361-366
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    • 2019
  • The amount of data created in the present intelligence information society is beyond imagination. Big data has a great diversity from every information via SNS and internet to the one created by government and enterprises. This various data is close at hand having infinite value as same as crude oil. Big data analysis and utilization by data mining over every areas in the modern industrial society is getting more important for finding useful correlation and strengthening forecasting power against the future uncertainty. Efficient management and utilization of big data produced by complex modern society will be researched in this paper. Also it addresses strategies and methods for securing overall industrial competitiveness, synergy creation among industries, cost reduction and effective application based on big data in the $4^{th}$ industrial revolution era.

A Study on the Improvement of R&D Tax Support System: Focused on the Tax Credit for Research and Manpower Development Expenses (연구개발 조세지원제도의 개선방안: 연구·인력개발비 세액공제제도를 중심으로)

  • Lim, Sung-Jong
    • Asia-Pacific Journal of Business
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    • v.11 no.3
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    • pp.169-184
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    • 2020
  • Purpose - This research is intended to analyze the current status and problems of tax benefits in the R&D sector and suggest ways to improve tax credit for research and manpower development expenses when various countries fiercely develop efforts to enhance national competitiveness through increased investment in R&D Design/methodology/approach - This study will examine the current status of the tax support system for domestic and foreign R&D, and suggest improvement measures to expand research and development activities in the future. Findings - First, a plan may be considered to abolish and perpetuate the sunset deadline for tax credit for research and manpower development expenses as in the case of the United States and Japan. This perpetuation can be a proactive measure to actively support long-term R & D investment in companies facing economic decisions under uncertainty. Second, it should be revised to raise the tax credit rate of large corporations, which are shrinking every year, compared to SMEs, so that both large corporations and SMEs can improve their international competitiveness and secure excellent technologies through R & D. Finally, the target technologies for each new growth engine and source technology should be expanded to various fields, including national cybersecurity enhancement technology, aviation engine technology, carbon emission and global cooling technologies, which are areas of interest in major overseas R&D countries, to help active R&D and investment in these areas. Research implications or Originality - This study can find a contribution in comparing and analyzing the national R&D tax support system and presenting improvement measures at a time when the benefits of tax credit for research and manpower development expenses of large companies are decreasing due to frequent tax law revisions and the government's factors of increasing tax revenues. In addition, recent research and development items and research technologies of foreign countries were analyzed by Nature's top 10 major science and technology issues, and advanced technologies that should be applied to target technology areas by new growth engine and source technology were specifically investigated and presented.

An Analysis of the Effect of Climate Change on Nakdong River Environmental Flow (낙동강 유역 환경유량에 대한 기후변화의 영향 분석)

  • Lee, A Yeon;Kim, Sangdan
    • Journal of Korean Society on Water Environment
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    • v.27 no.3
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    • pp.273-285
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    • 2011
  • This study describes the modeling of climate change impact on runoff across southeast Korea using a conceptual rainfall-runoff model TANK and assesses the results using the concept of environmental flows developed by International Water Management Institute. The future climate time series is obtained by scaling the historical series, informed by 4 global climate models and 3 greenhouse gas emission scenarios, to reflect a $4.0^{\circ}C$ increase at most in average surface air temperature and 31.7% increase at most in annual precipitation, using the spatio-temporal changing factor method that considers changes in the future mean seasonal rainfall and potential evapotranspiration as well as in the daily rainfall distribution. Although the simulation results from different global circulation models and greenhouse emission scenarios indicate different responses in flows to the climate change, the majority of the modeling results show that there will be more runoff in southeast Korea in the future. However, there is substantial uncertainty, with the results ranging from a 5.82% decrease to a 48.15% increase in the mean annual runoff averaged across the study area according to the corresponding climate change scenarios. We then assess the hydrologic perturbations based on the comparison between present and future flow duration curves suggested by IMWI. As a result, the effect of hydrologic perturbation on aquatic ecosystems may be significant at several locations of the Nakdong river main stream in dry season.

Comparison of Artificial Neural Network Model Capability for Runoff Estimation about Activation Functions (활성화 함수에 따른 유출량 산정 인공신경망 모형의 성능 비교)

  • Kim, Maga;Choi, Jin-Yong;Bang, Jehong;Yoon, Pureun;Kim, Kwihoon
    • Journal of The Korean Society of Agricultural Engineers
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    • v.63 no.1
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    • pp.103-116
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    • 2021
  • Analysis of runoff is substantial for effective water management in the watershed. Runoff occurs by reaction of a watershed to the rainfall and has non-linearity and uncertainty due to the complex relation of weather and watershed factors. ANN (Artificial Neural Network), which learns from the data, is one of the machine learning technique known as a proper model to interpret non-linear data. The performance of ANN is affected by the ANN's structure, the number of hidden layer nodes, learning rate, and activation function. Especially, the activation function has a role to deliver the information entered and decides the way of making output. Therefore, It is important to apply appropriate activation functions according to the problem to solve. In this paper, ANN models were constructed to estimate runoff with different activation functions and each model was compared and evaluated. Sigmoid, Hyperbolic tangent, ReLU (Rectified Linear Unit), ELU (Exponential Linear Unit) functions were applied to the hidden layer, and Identity, ReLU, Softplus functions applied to the output layer. The statistical parameters including coefficient of determination, NSE (Nash and Sutcliffe Efficiency), NSEln (modified NSE), and PBIAS (Percent BIAS) were utilized to evaluate the ANN models. From the result, applications of Hyperbolic tangent function and ELU function to the hidden layer and Identity function to the output layer show competent performance rather than other functions which demonstrated the function selection in the ANN structure can affect the performance of ANN.

Major Watershed Characteristics Influencing Spatial Variability of Stream TP Concentration in the Nakdong River Basin (낙동강 유역에서 하천 TP 농도의 공간적 변동성에 영향을 미치는 주요 유역특성)

  • Seo, Jiyu;Won, Jeongeun;Choi, Jeonghyeon;Kim, Sangdan
    • Journal of Korean Society on Water Environment
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    • v.37 no.3
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    • pp.204-216
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    • 2021
  • It is important to understand the factors influencing the temporal and spatial variability of water quality in order to establish an effective customized management strategy for contaminated aquatic ecosystems. In this study, the spatial diversity of the 5-year (2015 - 2019) average total phosphorus (TP) concentration observed in 40 Total Maximum Daily Loads unit-basins in the Nakdong River watershed was analyzed using 50 predictive variables of watershed characteristics, climate characteristics, land use characteristics, and soil characteristics. Cross-correlation analysis, a two-stage exhaustive search approach, and Bayesian inference were applied to identify predictors that best matched the time-averaged TP. The predictors that were finally identified included watershed altitude, precipitation in fall, precipitation in winter, residential area, public facilities area, paddy field, soil available phosphate, soil magnesium, soil available silicic acid, and soil potassium. Among them, it was found that the most influential factors for the spatial difference of TP were watershed altitude in watershed characteristics, public facilities area in land use characteristics, and soil available silicic acid in soil characteristics. This means that artificial factors have a great influence on the spatial variability of TP. It is expected that the proposed statistical modeling approach can be applied to the identification of major factors affecting the spatial variability of the temporal average state of various water quality parameters.

Function and Meaning of Color Gray in Korean Films : Memory and Oblivion (한국영화에 표현된 회색의 기능과 의미 : 기억과 망각)

  • Kim, Jong-Guk
    • Journal of Information Technology Applications and Management
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    • v.28 no.3
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    • pp.77-87
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    • 2021
  • The color gray in the cinema expresses the private or public memory and oblivion in the reminiscence scenes. The aesthetic function and meaning of gray that interacts with other elements in cinematic time and space are expanded in various ways. This study was analyzed the cases in which gray was used as the main visual style by limiting the scope to Korean films. Based on the traditional cultural symbolic meaning of gray, I analyzed how it was applied and transformed in films, and interpreted the cultural-social meaning by the interaction between gray and other elements. In film history starting from monochrome, gray has been used as a visual device suitable for realizing cinematic or imaginary reality. Gray is adopted when dreams or recollections are visualized as imaginary reality, and it is used when dreamy imaginations of daydreaming are demonstrated. Gray, which reproduces the dreamlike reality of imagination, is the concrete and realistic way of expression. First, in Korean films, gray is a flashback visual device that recalls the past, and is an intermediary visual form that materializes the imaginary. In films such as Ode to My Father (2014), DongJu (2015), A Resistance(2019) and The Battle : Roar to Victory (2019), the gray of the past is a visual device for cultural memory that builds the homogeneity and identity of the group. In the era of hyper-visibility, gray in black and white images is intended to be clearly remembered by unfamiliarity rather than blurry oblivion by familiarity. Second, in genre films with disaster materials such as Train To Busan (2016) and Ashfall (2019), the grays of rain, fog, clouds, shadows and smoke highlight other elements, and the gray color causes anxiety and fear. In war films such as TaeGukGi: Brotherhood Of War (2003) and The Front Line (2011), gray shows a more intense brutality than the primary color. In sports films such as 4th Place (2015), Take Off (2009) and Forever The Moment (2007), gray expresses uncertainty and immaturity. Third, gray visualizes the historical memory of A Petal (1996), the oblivion in Oh! My Gran (2020) and Poetry (2010), and the reality of daydreaming Gagman (1988) and Dream (1990). At the boundary between imagination and reality, gray is a visual form of dreams, memories and forgetfulness.

The Effect of Cash Holdings on Firm Value in Export Companies Listed in the KOSDAQ (코스닥시장에서 수출기업의 현금보유수준이 기업가치에 미치는 영향)

  • Oh, Hee-Hwa;Han, Kil-Seok
    • Asia-Pacific Journal of Business
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    • v.10 no.4
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    • pp.205-221
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    • 2019
  • The purpose of this research is to investigate the effect of cash holdings on firm value in export companies. To investigate this effect, we analyzed 5,386 samples drawn from export companies listed in the KOSDAQ from 2011 to 2018. During this period, the International Financial reporting Standards have been employed. The research results are as follows. First, the results of a T-test showed that the level of the firm value of export companies with high levels of cash holdings is significantly higher than that of those with low levels of cash holdings. In addition, the level of the firm value of export companies with higher levels of cash holdings than in the previous year is higher than the level might otherwise be. Furthermore, the effects of cash holdings on firm value are similar to those on return on asset. These results suggested that export companies have little used a way of increasing their debt levels in order to increase cash holdings. Second, the results of a multivariate regression analysis presented that the cash holdings of export companies in listed the KOSDAQ significantly influence their firm value. Moreover, a higher level of cash holdings than in the previous year significantly affect firm value. These results proposed that making higher cash holdings than in the previous year might be useful in enhancing firm value. We found that export companies efforts to increase cash holdings positively influence changes in firm value. We also found that Korean export companies maintain their financial stability by obtaining sufficient liquidity specifically in a high uncertainty era like the recent time. We finally firmed an effort to maintain cash holdings as a reasonable choice for export companies.

The Effect of Self-Efficacy and Failure Experience on the Needs of Start-up Support Services (창업자의 자기효능감 및 실패 경험이 창업지원서비스에 대한 니즈에 미치는 영향)

  • Kwon, Il-Sook;Sul, Won-Sik
    • Journal of Industrial Convergence
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    • v.18 no.6
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    • pp.1-7
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    • 2020
  • In this study, we hypothesized that the needs for start-up support services may vary depending on the founder's psychological characteristics, such as self-efficacy or his attitude toward uncertainty. To verify this, a survey was conducted on the founders of 86 companies located in Business Incubators at Seoul and Daejeon and an empirical analysis was conducted based on the data. According to the analysis, the higher the self-efficacy of the founder, the more active he expressed his willingness to accept the start-up support service, which aims to provide start-up zones to busy areas outside the university. While the founder, who has experienced failure in the past, responded positively to attracting customers located outside the university. The results of this study supported the hypothesis and suggest that differentiated start-up support services should be designed by including not only characteristics at the level of start-up companies, such as industries and growth stages, but also the psychological characteristics of start-ups in important consideration.

A Study on Analysis of Risks Related to Overseas Railroad Private-Public Partnership Projects (해외철도사업의 민간투자 위험 요인 분석에 관한 연구)

  • Cho, Hyunmi;Kim, Sigon
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.42 no.6
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    • pp.887-892
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    • 2022
  • Due to various reasons (normally financial constraints in developing countries), it becomes common to change of the business model from state-run projects to Private Investment Projects (Public Private Partnership) in the global railway businesses. However, due to the nature of railroads compared with other types of infrastructure such as roads and others, railway business require considerable construction cost and O&M cost through the business development, construction, and operation and management stages. Therefore, private investment railway projects, especially in developing countries, can be problematic in terms of the potential for uncertainty when return on investment cannot be guaranteed. In order to strengthen the competitiveness of domestic companies when entering overseas railroad PPP projects, this study proposes PPP-related risks and their countermeasures by reviewing global railroad trends and identifying Korea's weakness in managing international railroad projects.

A Study on Construction of Aids to Navigation Big Data Based on S-201

  • Kim, Yunjee;Oh, Se-woong;Jeon, Minsu
    • Journal of Navigation and Port Research
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    • v.46 no.5
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    • pp.409-417
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    • 2022
  • The International Association of Lighthouse Authorities (IALA) utilizes a questionnaire to investigate the status of Aids to Navigation (AtoN) around the world. However, results of the IALA questionnaire have limited use because respondent understanding is inconsistent. In addition, there is uncertainty regarding the appropriateness of the questionnaire content. Furthermore, the overall response rate is low. Therefore, the status of AtoN is not clearly understood. AtoN data from around the world are generated hourly. Thus, big data solutions are required to effectively exploit the information. Digitization of analog data is an important component of building big data. Hence, the IALA has developed a Maritime Resource Name (MRN) scheme and an information exchange standard. Here, we used the AtoN information exchange standard and designed an S-201-based big data construction process that could collect and manage global AtoN information. In this study, construction of an IALA AtoN portal was proposed as the core of the construction of the AtoN big data. The process was divided into three stages. IALA AtoN portal is developed by IALA with the goal to provide various meaningful statistical analysis results based on AtoN data while managing AtoN information around the world based on S-201. If an AtoN portal capable of constructing S-201-based big data is developed, then a data collection and storage system that can gather basic S-201 AtoN data from the IALA and global AtoN management agencies could be achieved. Furthermore, insightful statistical analysis of AtoN status worldwide and changes in manufacturing technology will be possible.