• The Korean Journal of Financial Management
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• v.21 no.1
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• pp.87-124
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• 2004

Some studies indicate that investors systematically underreact to new information in the stock market and Other studies indicate that investors systematically overreact. If investors irrationally react to the R&D intensity information, The portfolio strategy based on the R&D intensity information will be provided substantial excess returns. This study investigate that investors systematically underreact or overreact to the R&D intensity and whether portfolio strategy based on the R&D intensity is useful or not. Major results we as follows. First, This study indicate that investor systematically underreact to high R&D intensity and overreact low R&D intensity information. Second, after controlling the firm's specific factor such as firm size, BV/MV and past price performance, it is found that the performance of portfolio strategy based on the R&D intensity is not significant.

• Journal of KIISE:Computing Practices and Letters
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• v.9 no.1
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• pp.95-99
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• 2003

In addition to wired communication technology, wireless communication technology has had communication revolution nowadays. Bluethooth technology carries out data/voice communication within pico-net. Nowadays the various services are supported by access network connected to public network. This paper presents implementation of bluetooth protocol analyser which simulates bluetooth protocol. MS window98 and visual C are used for development environment and application program is operated over the firmware loaded on the bluetooth device connected to the PC through UART which of the maximum transmission rate is 115kbps because transmission rate less than 20kbps affects rarely the performance. The performance analysis on the propose system is carried out as simulating the signalling information for the voice test and the traffics between two bluetooth systems for file transfer. The throughput analysis for file transfer service and call processing capacity for voice service are considered as performance analysis parameters. File access time is very important parameter and throughput is 13 kbps in case breakpoint time to file access is 0.04sec. Also call processing time is about 16.6ms in case of communication with the headset. The performance analysis of simulation results satisfies with bluetooth device development.

• Korean Business Review
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• v.11
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• pp.277-293
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• 1998

The purpose of this study is to analyse the overall relationship between the advertisement expenses and the two major indicies of business performance, that is, the total amount of sales and the discipline have contrasted the expenses for commercial advertisement with the total amount of sales or with the business performance, respectively, utilizing data on a specific product observed through 3 to 5 years. This study attempts to enlarge the scope of observation and the content of analysis. In order to attain the purpose of this study, the rate of increase in the advertisement expenses is taken as the independent variable and the two major indicies of business performance, the total amount of sales and the resultant interest, as the dependent variables. Business companies or firms which have continually been listed on the board of Korea Stock Exchange for 14 years, from 1982 to 1995, were grouped into four major business categories; 1)Food and beverage industries, 2)Fiber, clothings, and leather industries, 3) Medicine, chemistry, oil, coal, and rubber industries, and 4) Assembled mechanics and metallurgy, machinery, and maintenance industries. Utilizing the KIS-DATA, compiled by Korea Credit Evaluation, Ltd., 30 to 40 samples of business companies or firms were randomly selected from each category. Finally 125 samples were selected and put into regression analyses and follow-up tests by appropriate statistical models, in order to verify if there were any noticeable correlations. The final result obtained through the afore-mentioned research method shows that the amount of advertisement expenses has strong correlations with the amount of sales and the resultant interest. Viewed by business category, in the case of fiber, clothings, and leather industries, the relationship turned out to be significant only with the rate of increase in the total amount of sales, while, in the case of food and beverage industries, the rate of increase in the total amount of sales showed a negatively significant correlations.

• The Journal of Engineering Geology
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• v.24 no.1
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• pp.23-38
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• 2014

The composition of carbonate sands from a sabkha at Ruwais in the UAE differs from that of silica sand, and these sands are crushed easily under low compression pressures. Accordingly, particle crushing of carbonate sand occurs under high pressure, which results in additional settlement and reduces the shear strength. In this study, consolidation and triaxial tests were conducted to analyze the characteristics of carbonate sands following particle crushing. The unusual shear strength graphs of the carbonate sands result from the degree of particle pre-crushing. For the range at p' > p in the p (p')-q diagram, negative (-) excess porewater pressures occur if the axial pressure causes particle crushing that induces exposure of the inner voids. In addition, the q value decreased after particle crushing. In conclusion, the unusual characteristics of the carbonate sands were induced by particle crushing. The triaxial tests revealed that the degree of particle pre-crushing influenced the excess porewater pressure.

• Tunnel and Underground Space
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• v.16 no.3 s.62
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• pp.259-276
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• 2006

In rock mass subject to high in-situ stresses, the failure process of rock is dominated by the stress-induced fractures growing parallel to the excavation boundary. When the ratio of in situ stresses compared to rock strength is greater than a certain value, progressive brittle failure which is characterized by popping and spatting of rock debris occurs due to stress concentration. Traditional constitutive model like Mohr-Coulomb usually assume that the normal stress dependent frictional strength component and the cohesion strength component are constant, therefore modelling progressive brittle failure will be very difficult. In this study, a series of numerical analyses were conducted for surrounding rock mass near crude oil storage cavern using CW-FS model which was known to be efficient for modelling brittle failure and the results were compared with those of linear Mohr-Coulomb model. Further analyses were performed by varying plastic shear strain limits on cohesion and internal friction angle to find the proper values which yield the matching result with the observed failure in the oil storage caverns. The obtained results showed that CW-FS model could be a proper method to characterize essential behavior of progressive brittle failure in competent rock mass.

• Tunnel and Underground Space
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• v.17 no.2 s.67
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• pp.128-138
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• 2007

At low in-situ stress, the continuity and distribution of natural fractures in rock mass predominantly control the failure processes. However at high in-situ stress, the failure process are affected and eventually dominated by stress-induced fractures preferentially growing parallel to the excavation boundary. This fracturing is often observed in brittle type of failure such as slabbing or spatting. Recent studies on the stress- or excavation-induced damage of rock revealed its importance especially in a highly stressed regime. In order to evaluate the brittle failure around a deep underground opening, physical model experiments were carried out. For the experiments a new tue triaxial testing system was made. According to visual observation and acoustic emission detection, brittle failure grades were classified under three categories. The test results indicate that where higher horizontal stress, acting perpendicular $(S_{H2})$ and parallel $(S_{H1})$ to the axis of the tunnel respectively, were applied, the failure grade at a constant vertical stress level (Sy) was lowered. The failure initiation stress was also increased with the increasing $S_{H1}\;and\;S_{H2}$. From the multi-variable regression on failure initiation stress and true triaxial stress conditions, $f(S_v,\;S_{H1},\;S_{H2})$ was proposed.

• Journal of Digital Convergence
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• v.19 no.5
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• pp.153-161
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• 2021

This study examined whether the probability of a tax investigation by the general construction industry could reduce the entertainment expenses in order to confirm whether a tax investigation can reduce excessive discretionary expenses of firms. Among the general construction industry listed on the KOSPI and KOSDAQ from 2011 to 2018, 274 firms with sales exceeding 10 billion won in the previous year were targeted at the tax audit selection rate and the tax audit detection rate, which is a proxy for the possibility of a tax investigation. The effect of the ratio of entertainment expenses to sales and the increase rate of entertainment expenses was verified. As a result of the analysis, both the selection rate and the detection rate of the tax investigation have a significant negative effect on the proxy variable of the discretionary expenses measured as the proportion of entertainment expenses and the increase rate of entertainment expenses. The results of this study showed that the tax investigation is a means to curb the excessive expenditure of the firm's discretionary expenses, thus suggesting the direction for the taxation policy and the effectiveness of the tax investigation.

• Journal of the Korea Computer Graphics Society
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• v.27 no.3
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• pp.65-74
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• 2021

3D reconstruction means that reconstructing the 3D shape of the object in an image and a video. We proposed a progressive occupancy network architecture that can recover not only the overall shape of the object but also the local details. Unlike the original occupancy network, which uses a feature vector embedding information of the whole image, we extract and utilize the different levels of image features depending on the receptive field size. We also propose a novel network architecture that applies the image features sequentially to the decoder blocks in the decoder and improves the quality of the reconstructed 3D shape progressively. In addition, we design a novel decoder block structure that combines the different levels of image features properly and uses them for updating the input point feature. We trained our progressive occupancy network with ShapeNet. We compare its representation power with two prior methods, including prior occupancy network(ONet) and the recent work(DISN) that used different levels of image features like ours. From the perspective of evaluation metrics, our network shows better performance than ONet for all the metrics, and it achieved a little better or a compatible score with DISN. For visualization results, we found that our method successfully reconstructs the local details that ONet misses. Also, compare with DISN that fails to reconstruct the thin parts or occluded parts of the object, our progressive occupancy network successfully catches the parts. These results validate the usefulness of the proposed network architecture.

• The Journal of the Convergence on Culture Technology
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• v.7 no.1
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• pp.640-645
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• 2021

The deep learning based end-to-end TTS system consists of Text2Mel module that generates spectrogram from text, and vocoder module that synthesizes speech signals from spectrogram. Recently, by applying deep learning technology to the TTS system the intelligibility and naturalness of the synthesized speech is as improved as human vocalization. However, it has the disadvantage that the inference speed for synthesizing speech is very slow compared to the conventional method. The inference speed can be improved by applying the non-autoregressive method which can generate speech samples in parallel independent of previously generated samples. In this paper, we introduce FastSpeech, FastSpeech 2, and FastPitch as Text2Mel technology, and Parallel WaveGAN, Multi-band MelGAN, and WaveGlow as vocoder technology applying non-autoregressive method. And we implement them to verify whether it can be processed in real time. Experimental results show that by the obtained RTF all the presented methods are sufficiently capable of real-time processing. And it can be seen that the size of the learned model is about tens to hundreds of megabytes except WaveGlow, and it can be applied to the embedded environment where the memory is limited.

• Korean Security Journal
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• no.19
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• pp.67-103
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• 2009

Objectives of this study is develop security services through determinants analysis on the efficiency of security works regarding security and guarding business in Korea because nowadays the modern society like Korea let alone all over the world faces the increase of dangerous factors in every security field of the human societies, and also it is the very present situation that an individual's life even the national security itself can be at the risk without guaranteeing the efficiency of the security services. For this purpose, this study reviewed related documents, surveyed and interviewed security personnels to identify what the potentially influential factors are in both the public and private security organizations regarding the efficiency of present security services and organizations, and what differences are. Also, comparing the public and private security sectors, this study intended to suggest policy agendas how to enhance the efficiency of security services in the future. This study surveyed the 177 agents and former agents of the Presidential Security Service(PSS) for the public security sector, and also surveyed, interviewed, and internet-based polled 821 randomly selected personnels for the private security sector. This research showed that regarding the efficiency of the security services number of independent variables which had positive responses in the public security sector was more than that in the private security sector. Among the 21 questions regarding this issue, there were all of 21 positive responses in the public security sector while there were 18 negative responses in the private security sector. As a result of synthesizing all the answers of the both sides, it is possible to understand that mostly the ratio of the positive response was much higher. In the public security service, statistically significant variables were budget support for events, prior access of information, an integrated teamwork training, organizational atmosphere, morale of organization personnel. However, practical training of the security service and mutual communication showed unexpectedly negative(-) signs. In the private security service, statistically significant variables were budget support for events, integrated teamwork training, socially friendly atmosphere, compensation for the personnels, bullet-proof equipments and vehicles, mood of organization, personnel recruit and disposition, unexpected incidents and basic attitude for security services. In sum, while organizational personnel variables and organizational management variables were significant in the public security service, some organizational management variables and all socio-environment variables were statistically significant at 5% significance level.