• Title/Summary/Keyword: 기술가치평가시스템

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The Role of Accrual Information in Valuation (기업가치평가에 있어서 발생액 정보의 역할)

  • 유성용
    • The Journal of Information Technology
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    • v.5 no.1
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    • pp.79-98
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    • 2002
  • This study examines the association between valuation and accrual information. According to accounting based valuation model, firm's value consists of net book value and abnormal earnings. Net book value and abnormal earnings are determined as the manager's accounting policy. Discretionary accruals may signal the manager's value expectation or be noisy factor of accounting variables. The results of this study are as follows; First discretionary accruals are associated to stock prices negatively but non-discretionary accruals are not to stock prices. This result suggests that discretionary accruals and non-discretionary accruals are the differential factors of the firm value. Second, the product term of discretionary accrual and net book value are associated to the stock price negatively but the product term of non-discretionary accrual and net book value are not associated to the stock price. the results indicate that discretionary accruals are noisy factors of net book value information. Third, the product term of discretionary accrual and net income are associated to the stock price negatively and the product tenn of non-discretionary accrual and net income are also associated to the stock price negatively, the results suggest that discretionary accruals are noisy factors of earnings.

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The Estimation of Domestic Construction Technology Full-Text Services using Tobit Model (Tobit 모형을 이용한 국내 건설기술 원문서비스 가치 추정)

  • Jeong, Seong-Yun
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.17 no.6
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    • pp.656-662
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    • 2016
  • We have provided a variety of domestic construction technology related full-text services through the Construction Technology Digital Library system since 2001. CODIL is a system that services the database related to construction technology data. On the other hand, there is growing demand for DB every year, but the required budget is shrinking. Therefore, this study investigated the satisfaction to effectively service the construction technique-related full-text with a limited budget. The monetary value of full-text to express satisfaction with the quantified value was estimated using the Tobit model. The Tobit model is used as a contingent valuation method to estimate the value of non-market goods. This model is the limited dependent variable regression model to observations by censoring the limit of the left side or right side so that a biased outlier is not reflected in the willingness to pay. A survey was conducted by sampling 312 respondents. The mean, median, truncating the willingness of payment were calculated for the six types of the full-text services using the Tobit model. The statistically significant variables affecting the willingness to pay for the full-text services were identified. The mean value of per the full-text service was estimated to be 46,530 won. The significance of this study was to use the Tobit model to estimate the value of the construction technology-related full-text services for the first time in Korea.

Methods for Testing Navigation Data of Validity and Integrity (항해데이터의 유효성 및 무결성 검증을 위한 평가방법)

  • Choe, Hang-Soeb;Park, Dong-Ho;Kim, Ki-Cheol;Jin, Min-Jung
    • Proceedings of the KIEE Conference
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    • 2006.07b
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    • pp.1136-1137
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    • 2006
  • 통합항해시스템이라 함은 자동화된 선박의 운용에 관한 것으로, 다양한 항해 센서(GPS, Gyro, Speed Log, echo sounder)를 이용하여 선박의 항해에 필요한 각종 정보를 입수하여 최적의 항로를 설정해주고, 운항의 안정성과 효율을 극대화시키는 시스템을 지칭한다. 즉, 선박의 운항에 필요한 다수의 모듈들을 독립적으로 운용하는 것이 아니라 이를 통합된 형태로 운용하여 효율을 극대화시키는 시스템이 통합항해시스템이라 할 수 있다. 통합항해시스템은 다양한 항해 센서들과 항해 시스템으로 구성되며, 다양한 항해 데이터들은 항해 센서로부터 수신하여 처리하는 동작을 수행한다. 즉, 통합항해시스템은 다수의 센서들로부터 수신된 정보를 평가하고 잠재적 위험과 무결성 저하에 대해서는 적절한 경고를 제공하여야한다. 따라서, 항해센서 데이터의 유효성(Validity) 및 모호성(Plausibility) 검사와 무결성 감시(Integrity Monitoring)는 통합항해시스템의 필수적 기능이라 할 수 있다. 본 연구에서는 IEC 61924 규격에 의한 항해센서로부터 수신된 항해데이터가 정확하고 유효함을 가지는 지에 대한 가치평가의 척도와 독립적인 데이터 소스로부터 데이터를 비교하여 검증하는 무결성, 정확도 이내의 정보를 완전하고 명확한 방법으로 사용자에게 제공하는 무결성 감시의 방법을 제시하며, 항해센서들에 의해 취득되는 항해 데이터의 무결성 검사를 통한 유효성, 적용가능성, 무결성의 평가방법을 기술한다.

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Design of Human Sensibility Information Management System using Client/Server Architecture (클라이언트/서버 구조를 갖는 감성정보관리시스템의 설계)

  • 구흥서;박철순;최범섭;고한우
    • Proceedings of the Korean Society for Emotion and Sensibility Conference
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    • 2001.11a
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    • pp.36-41
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    • 2001
  • 감성공학이 G7과제의 하나로 시작되면서 다양한 감성평가 실험들이 수행되어 수많은 실험데이터가 생성되었지만, 효율적인 관리체계의 부재로 인해 많은 노력과 비용이 투자된 가치있는 감성평가 데이터가 자료의 공유 및 활용이라는 측면에서 여러 가지 문제점을 내포하고 있는 실정이다. 본 연구에서는 주거ㆍ사무환경에서 인간의 감성을 지표화하는 6개 분야의 감성기반기술개발 연구과제에서 생성된 피험자의 생리신호 및 주관적 감성평가 데이터를 통합 관리할 수 있는 종합적인 감성정보관리시스템을 설계하였다. 이 정보 시스템은 사용자에게 정교한 GUI와 높은 대화성(interaction)을 제공하기 위해 2계층 클라이언트/서버 구조로 설계하였다.

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An Intelligent Decision Support System for Selecting Promising Technologies for R&D based on Time-series Patent Analysis (R&D 기술 선정을 위한 시계열 특허 분석 기반 지능형 의사결정지원시스템)

  • Lee, Choongseok;Lee, Suk Joo;Choi, Byounggu
    • Journal of Intelligence and Information Systems
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    • v.18 no.3
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    • pp.79-96
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    • 2012
  • As the pace of competition dramatically accelerates and the complexity of change grows, a variety of research have been conducted to improve firms' short-term performance and to enhance firms' long-term survival. In particular, researchers and practitioners have paid their attention to identify promising technologies that lead competitive advantage to a firm. Discovery of promising technology depends on how a firm evaluates the value of technologies, thus many evaluating methods have been proposed. Experts' opinion based approaches have been widely accepted to predict the value of technologies. Whereas this approach provides in-depth analysis and ensures validity of analysis results, it is usually cost-and time-ineffective and is limited to qualitative evaluation. Considerable studies attempt to forecast the value of technology by using patent information to overcome the limitation of experts' opinion based approach. Patent based technology evaluation has served as a valuable assessment approach of the technological forecasting because it contains a full and practical description of technology with uniform structure. Furthermore, it provides information that is not divulged in any other sources. Although patent information based approach has contributed to our understanding of prediction of promising technologies, it has some limitations because prediction has been made based on the past patent information, and the interpretations of patent analyses are not consistent. In order to fill this gap, this study proposes a technology forecasting methodology by integrating patent information approach and artificial intelligence method. The methodology consists of three modules : evaluation of technologies promising, implementation of technologies value prediction model, and recommendation of promising technologies. In the first module, technologies promising is evaluated from three different and complementary dimensions; impact, fusion, and diffusion perspectives. The impact of technologies refers to their influence on future technologies development and improvement, and is also clearly associated with their monetary value. The fusion of technologies denotes the extent to which a technology fuses different technologies, and represents the breadth of search underlying the technology. The fusion of technologies can be calculated based on technology or patent, thus this study measures two types of fusion index; fusion index per technology and fusion index per patent. Finally, the diffusion of technologies denotes their degree of applicability across scientific and technological fields. In the same vein, diffusion index per technology and diffusion index per patent are considered respectively. In the second module, technologies value prediction model is implemented using artificial intelligence method. This studies use the values of five indexes (i.e., impact index, fusion index per technology, fusion index per patent, diffusion index per technology and diffusion index per patent) at different time (e.g., t-n, t-n-1, t-n-2, ${\cdots}$) as input variables. The out variables are values of five indexes at time t, which is used for learning. The learning method adopted in this study is backpropagation algorithm. In the third module, this study recommends final promising technologies based on analytic hierarchy process. AHP provides relative importance of each index, leading to final promising index for technology. Applicability of the proposed methodology is tested by using U.S. patents in international patent class G06F (i.e., electronic digital data processing) from 2000 to 2008. The results show that mean absolute error value for prediction produced by the proposed methodology is lower than the value produced by multiple regression analysis in cases of fusion indexes. However, mean absolute error value of the proposed methodology is slightly higher than the value of multiple regression analysis. These unexpected results may be explained, in part, by small number of patents. Since this study only uses patent data in class G06F, number of sample patent data is relatively small, leading to incomplete learning to satisfy complex artificial intelligence structure. In addition, fusion index per technology and impact index are found to be important criteria to predict promising technology. This study attempts to extend the existing knowledge by proposing a new methodology for prediction technology value by integrating patent information analysis and artificial intelligence network. It helps managers who want to technology develop planning and policy maker who want to implement technology policy by providing quantitative prediction methodology. In addition, this study could help other researchers by proving a deeper understanding of the complex technological forecasting field.

Integrated Information System for Environmental and Economic Evaluation (경제성 환경성 통합평가를 위한 정보통합시스템)

  • Kim, Chang-Hak;Shin, Min Ho;Kang, In Seok
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.30 no.6D
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    • pp.615-622
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    • 2010
  • Recent years, the construction projects of a world-wide have changed toward integrated evaluation considering all environmental and economic aspect for ecological construction.. The object of this study is to suggest the method and system for integrated analysis VE/LCC and LCA. In order to integrate and analyze environmental and economic aspects of alternative design elements, decision maker should handle simultaneously much information such as cost, document and drawing. This study presents applicative methods of WBS for integrated management of these information. Also, this study presents a decision support system that can manage DB easily by using VE, LCC and LCA analysis module separately.

이런과학자, 저런기술자 - 21세기형 대중매체 발명자 '팀 버너즈-리'

  • Hyeon, Won-Bok
    • The Science & Technology
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    • v.32 no.7 s.362
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    • pp.30-31
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    • 1999
  • 오늘날 누구든지 정보의 바다 인터넷의 정보와 쉽게 접근할 수 있는 것은 바로 월드와이드 웹(WWW:웹으로 약칭. 거미집처럼 세계 정보망을 타고 전자문서를 자유자재로 검색할 수 있게 만든 인터넷의 게시판 서비스)이라는 매커니즘의 덕이라고 할 수 있다. 현대의 웹이 마치 그 옛날의 인쇄기처럼 중요한 가치를 지녔다고 해서 웹 발명자 버너즈-리를 '현대의 구텐베르크'라고 부르는 사람들이 많다. 그는 엘리트들만이 사용할 수 있던 강력한 통신시스템을 일반대중이 접근할 수 있는 매스미디어(대중매체)로 바꿔 버렸다. 만약에 이 발명이 전통적인 과학의 범주에 속한다면 그의 업적은 충분히 노벨상감이라고 평가하는 사람들도 있다.

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An Empirical Study on the relevance of Web Traffic for Valuation of Internet Companies (인터넷 기업의 웹 트래픽 정보와 기업가치의 상관관계에 관한 실증연구)

  • Yi, Sung-Wook;Hwang, Seung-June
    • Journal of Intelligence and Information Systems
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    • v.15 no.4
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    • pp.79-98
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    • 2009
  • Web traffic is becoming an important indicator to make inferences about internet companies' future prospects so that traditional firm valuation methods need to be modified to integrate the ideas of web traffic information as a major asset of internet companies. It is because web traffic is a measure of attracting visitors to firm's web site and is the basis for internet companies' marketing expenditure and customer acquisition and retention. Also the web traffic represents the internet companies' technological advances and marketability. The major purpose of this study is to show the relevance of web traffic for valuation of internet companies. For this, we test hypothesis with the firm's web traffic and financial data using the analysis model of Hand(2000a) derived from the log-linear model introduced by Ye and Finn(1999). Test results show that the web traffic, more specifically the number of unique visitors, visits, and page views are all positively related to the firm's value. This implies that the web traffic information should be considered as one of the important non-financial indicator for the internet firm valuation.

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A System Dynamics Approach for Valuing Nuclear Power Technology (System Dynamics를 이용한 원자력발전의 기술가치 평가)

  • Lee, Yong-Suk
    • Korean System Dynamics Review
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    • v.7 no.2
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    • pp.57-80
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    • 2006
  • Nuclear technology made a great contribution to the national economy and society by localization of nuclear power plant design, and by stabilization of electricity price, etc. It is very important to conduct the retrospective analysis for the nuclear technology contribution to the national economy and society, but it is more important to conduct prospective analysis for the nuclear technology contribution. The term "technology value" is often used in the prospective analysis to value the result of technology development. There are various definitions of technology value, but generally it means the increment of future revenue or the reduction of future cost by technology development. These technology valuation methods are widely used in various fields (information technology or energy technology, etc). The main objective of this research is to develop valuation methodology that represents unique characteristics of nuclear power technology. The valuation methodology that incorporates market share changes of generation technologies was developed. The technology valuation model which consists of five modules (electricity demand forecast module, technology development module, market share module, electricity generation module, total cost module) to incorporate market share changes of generation technologies was developed. The nuclear power technology value assessed by this technology valuation model was 3 times more than the value assessed by the conventional method. So it was confirmed that it is very important to incorporates market share changes of generation technologies. The valuation results of nuclear power technology in this study can be used as policy data for ensuring the benefits of nuclear power R&D (Research and Development) investment.

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A Study of Customer Review Analysis for Product Development based on Korean Language Processing (한글 정형화 방법에 기반한 상품평 감성분석의 제품 개발 적용 방법 연구)

  • Woo, JeHyuk;Jeong, MinKyu;Lee, JaeHyun;Suh, HyoWon
    • Journal of Korea Society of Industrial Information Systems
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    • v.27 no.1
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    • pp.49-62
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    • 2022
  • Online customer review data can be easily collected on the Internet and also they describe sentimental evaluation of a product in different aspects. Previous sentiment analysis studies evaluate the degree of sentiment with review data, which may have multiple sentences describing different product aspects. Since different aspects of a product can be described in a sentence, the proposed method suggested analyzing a sentence to build a pair of a product aspect terms and sentimental terms. Bidirectional LSTM and CRF algorithms were used in this paper. A pair of aspect terms and sentimental terms are evaluated by pre-defined evaluation rules. The paper suggested using the result of evaulation as inputs of QFD, so that the quantified customer voices effect on the requirements of a new product. Online reviews for a hair dryer were used as an example showing that the proposed approach can derive reasonable sentiment analysis results.