• Journal of Korea Port Economic Association
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• v.34 no.1
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• pp.99-110
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• 2018

This study empirically examines simple methodology to quantify the risk resulted from the uncertainty of bunker price and foreign exchange rate, which cause main resources of the cost in shipping industry during the periods between $1^{st}$ of January 2010 and $31^{st}$ of January 2018. To shed light on the risk measurement in cash flows we tested GBM(Geometric Brownian Motion) frameworks such as the model with conditional heteroskedasticity and jump diffusion process. The main contribution based on empirical results are summarized as following three: first, the risk analysis, which is dependent on a single variable such as freight yield, is extended to analyze the effects of multiple factors such as bunker price and exchange rate return volatility. Second, at the individual firm level, the need for risk management in bunker price and exchange rate is presented as cash flow. Finally, based on the scale of the risk presented by the analysis results, the shipping companies are required that there is a need to consider what is appropriate as a means of risk management.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.9 no.6
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• pp.1830-1837
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• 2008

The growth of an information and knowledge based society has changed the base of education from institution-based to a learner-based system. This indicates that the educational purpose and individual characters of the learners are the primary factors for the educational success. In the information and knowledge based society, the Cyber University is a representative example of the new educational paradigm with its online communities, multi-media based education and communication among the learners. The sample of study was 1620 students of a leading cyber university in Seoul, Korea. One of the results in this study showed that satisfaction levels of learning and education do not have significant relationship with age or employment. Rather the lowering level of satisfaction after sufficient adaptation period of cyber education was raised as rising problem.

• Proceedings of the Korea Water Resources Association Conference
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• 2017.05a
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• pp.495-495
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• 2017

도시화는 불투수면의 증가를 야기 시켜 물순환 왜곡, 다양한 오염 물질의 유입으로 인한 비점오염물질 유출, 인공 배출열의 증가로 인한 도시열섬효과 등 다양한 문제를 유발한다. 이러한 수리수문학적 및 환경생태학적 문제를 저감하기 위하여 도시지역과 같은 개발 사업에서는 수환경을 가능한 자연 상태로 복원하는 저영향개발(Low Impact Development, LID)기법이 중요한 대안으로 제시되고 있다. LID기법 중 하나인 옥상녹화는 에너지 이용을 최소한으로 한 자연 녹음의 효과적인 이용을 도모하여 환경공생도시 조성과 식물을 매개로한 자연 순환 과정을 도시구조에 도입하여 순환 시스템 재생이 가능 하도록한다. 노지녹화는 두꺼운 자연 토양을 이용하는 반면 옥상녹화는 적재하중의 제약(옥상의 적재하중 조건은 $150{\sim}180kgf/m^2$이다. 비중이 1.6~1.8인 토양을 20cm 객토한 경우, 약 $320kgf/m^2 $이상의 적재하중이 되기에 식재기반의 경량화는 중요한 사안이다.)으로 인해 용적밀도가 작은 인공경량토양 또는 개량토양을 이용하며, 토양 두께도 얇게 설정된다. 또한 토양의 두께는 식물의 크기와 종류 및 토양의 조성에 따라 다르기에 적재하중 조건을 고려한 적절한 토양과 식재 식물의 크기와 종류 결정은 중요하다. 이에 본 연구에서는 옥상녹화식생에 대한 평가와 이에 대한 시험 프로세스가 가능한 실험 장치를 개발하였다. 옥상녹화 효율성 검증실험장비는 1m*1m*0.6m 아크릴 재질의 녹화셀로 경사조절이 가능하도록 설계하여 경사변화에 따른 유출, 침투, 증발산량의 탄성도 모의 평가를 할 수 있다. 또한 4점식 형태의 로드셀을 이용하여 녹화셀에서 발생하는 증발산량을 측정하고 관측된 증발산량은 RS-232c 이상의 통신프로토콜을 사용하여 주기적인 관측치의 송수신이 가능하며 주기적 자료송수신 외에도 옥상 녹화셀의 측면에 하중 표시기를 설치하여 관측이 가능하다. 또한 저면에 바퀴설치를 통하여 이동 실험이 용이하며 현재 부산대학교 양산캠퍼스 한국 GI&LID 실증단지 연구센터 내 옥상녹화 실험장에 옥상녹화 효율성 검증 실험 장비를 설치하여 자연 혹은 인공강우를 통한 유출, 침투, 증발산량의 시험계측을 실시중이다. 이러한 옥상녹화 효율성 검증실험장비는 최대 하중 2,000kg, 측정해상도 0.02kg 이상을 허용하는 로드셀과 녹화셀을 이용하여 하중을 고려한 식생의 종류에 따른 평가가 가능하므로 최적 식재기반 단면구조 개발에 이용될 수 있을 것이다. 또한 토양 함수량 변화 측정으로 옥상녹화에 이용되는 다양한 종류의 식물의 염분에 대한 저항성과 식물의 성장능력을 평가하여 녹화공간에 따른 옥상녹화에 사용할 식생을 결정할 수 있다.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.18 no.4
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• pp.117-129
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• 2023

Organizations must seek change in order to adapt to environmental changes and achieve better performance. However, despite this obvious statement, empirical analysis has been almost non-existent due to the difficulty of manipulating organizational performance or change. In this study, we overcame these limitations and analyzed the causes and effects of organizational change by assuming a professional sports team as a venture company, which is relatively easy to objectively measure and evaluate organizational change or performance. We systematically collected and preprocessed traditional and advanced metrics of National Basketball Association (NBA) statistics along with preprocessed trade data from eight years of regular seasons (2014~2015-2021~2022) to analyze our research model. Assessment of process macro model 7 derives the following empirical result. The results of the empirical analysis depict that NBA teams with low organizational performance in the previous season are more likely to make organizational changes through player trades to improve performance. Into the bargain player trades mediate the static relationship between the winning percentage in the previous season and the winning percentage in the current season. However, the indirect effect of a team's previous season's performance on player trades appears to vary depending on the current situations and context of each NBA team. Teams that made the playoffs in the previous season tend to make fewer trades than teams that did not and the previous season's performance is highly correlated with the current season's performance. On the other hand, teams that did not make the playoffs in the previous season tend to make a relatively larger amount of player trades in total, and the mediating effect of trades vanishes in this case. In other words, teams that did not make the playoffs in the previous season experience a larger change in performance due to trades than teams that made the playoffs, even if they achieved the same winning percentage. This empirical analysis of the inverse relationship between organizational change and the performance of professional sports teams has both theoretical and practical implications in the field of sports industry and management by analyzing the fundamentals of organizational change and the performance of professional sports teams.

• Journal of Intelligence and Information Systems
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• v.24 no.3
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• pp.177-198
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• 2018

Recently, as economic property it has become necessary to acquire and utilize the framework for water resource measurement and performance management as the property of water resources changes to hold "public property". To date, the evaluation of water technology has been carried out by feasibility study analysis or technology assessment based on net present value (NPV) or benefit-to-cost (B/C) effect, however it is not yet systemized in terms of valuation models to objectively assess an economic value of technology-based business to receive diffusion and feedback of research outcomes. Therefore, K-water (known as a government-supported public company in Korea) company feels the necessity to establish a technology valuation framework suitable for technical characteristics of water resources fields in charge and verify an exemplified case applied to the technology. The K-water evaluation technology applied to this study, as a public interest goods, can be used as a tool to measure the value and achievement contributed to society and to manage them. Therefore, by calculating the value in which the subject technology contributed to the entire society as a public resource, we make use of it as a basis information for the advertising medium of performance on the influence effect of the benefits or the necessity of cost input, and then secure the legitimacy for large-scale R&D cost input in terms of the characteristics of public technology. Hence, K-water company, one of the public corporation in Korea which deals with public goods of 'water resources', will be able to establish a commercialization strategy for business operation and prepare for a basis for the performance calculation of input R&D cost. In this study, K-water has developed a web-based technology valuation model for public interest type water resources based on the technology evaluation system that is suitable for the characteristics of a technology in water resources fields. In particular, by utilizing the evaluation methodology of the Institute of Advanced Industrial Science and Technology (AIST) in Japan to match the expense items to the expense accounts based on the related benefit items, we proposed the so-called 'K-water's proprietary model' which involves the 'cost-benefit' approach and the FCF (Free Cash Flow), and ultimately led to build a pipeline on the K-water research performance management system and then verify the practical case of a technology related to "desalination". We analyze the embedded design logic and evaluation process of web-based valuation system that reflects characteristics of water resources technology, reference information and database(D/B)-associated logic for each model to calculate public interest-based and profit-based technology values in technology integrated management system. We review the hybrid evaluation module that reflects the quantitative index of the qualitative evaluation indices reflecting the unique characteristics of water resources and the visualized user-interface (UI) of the actual web-based evaluation, which both are appended for calculating the business value based on financial data to the existing web-based technology valuation systems in other fields. K-water's technology valuation model is evaluated by distinguishing between public-interest type and profitable-type water technology. First, evaluation modules in profit-type technology valuation model are designed based on 'profitability of technology'. For example, the technology inventory K-water holds has a number of profit-oriented technologies such as water treatment membranes. On the other hand, the public interest-type technology valuation is designed to evaluate the public-interest oriented technology such as the dam, which reflects the characteristics of public benefits and costs. In order to examine the appropriateness of the cost-benefit based public utility valuation model (i.e. K-water specific technology valuation model) presented in this study, we applied to practical cases from calculation of benefit-to-cost analysis on water resource technology with 20 years of lifetime. In future we will additionally conduct verifying the K-water public utility-based valuation model by each business model which reflects various business environmental characteristics.

• Journal of the Korean Society for Library and Information Science
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• v.48 no.2
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• pp.353-378
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• 2014

The purpose of this study is to find factors to affect on the formation of semantic relation from terminology and what is to be affected by these factors to build the database scheme of terminology dictionary by a structural definition. In this research, 826,905 keywords of 88,874 social science articles and 985,580 keywords of 125,046 humanities science articles in the KCI journals from 2007 to 2011 were collected. From collected data, subject complexity, structural hole, term frequency, occurrence pattern and an effect between the number of nodes and the number of patterns which were derived from the semantic relation of linked terms of established 'STNet' System were analyzed. The summarized results from analyzed data and network patterns are as follows. Betweenness Centrality, term frequency, and effective size affect the numbers of semantic relation node. Among these factors, betweenness centrality was the most effective and effective size. But term frequency was the least effective. Betweenness Centrality, term frequency, and effective size affect the numbers of semantic relation type. Term frequency is the most effective. Therefore, when building a terminology dictionary, factors of betweenness centrality, term frequency, effective size, and complexity of subject are needed to select term. As a result, these factors can be expected to improve the quality of terminology dictionary.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.35 no.4
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• pp.941-951
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• 2015

In the recent years, Korean construction companies have been awarded 680 billion USD in the oversea projects which lead to a successful quantitative growth. However, due to the lack of capability in the core technology and project management compared to the leading companies, in addition to low-price bidding, massive deficit projects have caused problems to the companies. In order to overcome the limitations of the lack of capabilities, the term constructability has been researched recently by developed countries to apply in the practical use. The concept of constructability must be applied for Korean companies to compete in the EPC construction projects. The term constructability is defined as the factor that affect the overall construction process of a project which is defined by the ease of construction and to secure the project quality. Therefore, this study aims to develop a constructability assessment model using the structural equation to assess the factors that affect the constructability in the design and construction stage. The purpose of using the structural equation is to analyze the direct and indirect correlation between each factor that affects the international construction projects. Total of 8 latent variables and 34 measured variables are derived through literature review, corporate reports, experts' interview and surveys. The result of the model suggests the constructability factors that are to be managed the most efficiently to reduce cost, time and improve the quality as well as a countermeasure strategy to successfully execute the target international construction projects.

• Information Systems Review
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• v.10 no.1
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• pp.135-164
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• 2008

This research is to offer a structured yet practical ex-ante evaluation methodology for IT investment. Benchmarking the best practices of four Korean organizations, we try to integrate core processes, relevant measures, and evaluation dimensions into a consistent and wholesome body of evaluating methodology. The best practices we considered encompass a wide range of business enterprises, including for-profit, non-profit, service-oriented, and manufacturing entities. The proposed methodology consists of three stages; the first stage checks the validity of investments by looking into comprehensiveness of planning, willingness to accomplish, justifiable grounds for the investments, overlapping investments, and obstructing risks; the second do so by putting an IT investment into economic, strategic, and technological perspectives; and the last third would produce a unified quantity that summarizes outcome of the previous stages. Incorporating the proven knowledge, guidelines, and quantifying tools, the methodology could make a valuable reference model for IT evaluation practitioners who have been bedeviled by having to going through such ex-ante evaluations.

• Journal of the Society of Disaster Information
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• v.8 no.3
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• pp.310-318
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• 2012

Actual condition by items based on the level of execution of Construction Company certified by Construction Safety and Health Management Systems (KOSHA 18001) was investigated, analyzed and evaluated reflecting various opinions fincluding safety experts, top management, audit experts, and construction engineers. Currently, the maintenance is being managed through internal audit after the safety and health management system has been certified, but it is difficult to identify the degree of continuous improvement. In order to present the standards to see the level of quantified system, this study was conducted. The purpose of this study is to present the system maturity evaluation tool to be used to reduce occupational accidents through proper establishment and continuous improvement of national health and safety management system. Results of this study are summarized through identification of current condition of implementation of KOSHA 18001 system, development of maturity measurement tool and verification as follows: First, priority of implementation for activities of headquarters and on-site was determined by importance of activities such as the risk assessment, safety and health accident prevention activities, performance assessment and monitoring, resource management and support, and management review and improvement in order. In addition, the expert group presented that association with continuous improvement activities could establish the system by presenting strengths, weaknesses and improvement subjects of system.

• Proceedings of the Korean Institute of Surface Engineering Conference
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• 2018.06a
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• pp.115-115
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• 2018

철강재는 대량 생산이 가능하며 경제성이 뛰어나고 기계적 성질도 우수하므로 다양한 산업 분야에서 널리 사용되고 있다. 그러나 철강재는 부식 환경에 취약하기 때문에 그 용도에 따라 다양한 내식성을 부여하는 표면처리를 적용하고 있다. 일반적으로 이러한 철강 재료에 대한 내식성 표면처리로는 습식공정을 이용한 아연(Zn)도금 표면처리가 널리 적용되고 있다. 그러나 최근에는 이러한 습식공정으로 인해 발생하는 자원소모 및 환경적인 문제와 더불어 고내식성 표면처리 소재에 대한 수요가 증가함에 따라 이러한 단점을 극복할 수 있는 새로운 소재 및 기술 개발에 대한 관심이 증대되고 있다. 이러한 관점에서 기존의 습식표면처리 공정을 건식으로 대체 또는 병행하고, 현행 아연소재를 대체할 수 있는 코팅소재로써 알루미늄(Al) 이나 마그네슘(Mg)으로 대체하는 방법이 시도되고 있다. 본 연구에서는 강판의 내식성을 향상시키기 위한 방법으로 기존의 습식 표면처리 공정에서 용이하지 않은 마그네슘을 이용하여 건식 PVD 프로세스에 의해 코팅막의 제작을 시도하였다. 그리고 코팅막 제작 조건 중에서 공정압력이 코팅막의 결정배향성에 미치는 영향과 내식성과의 상관관계를 규명하고자 하였다. 즉, 여기서는 강판 및 용융알루미늄 도금강판 상에 스퍼터링법에 의해 Ar 가스에 의한 공정압력을 2, 10 및 50 mTorr로 조절하면서 마그네슘 코팅막을 $2{\mu}m$ 두께로 각각 제작하였다. 이때 제작한 막의 표면 모폴로지 관찰(SEM) 및 결정구조 분석(XRD) 결과에 의하면, 강판 및 용융알루미늄도금강판 상에 제작한 코팅막들은 공통적으로 공정압력이 증가할수록 그모폴로지의 결정립의 크기가 작고 치밀한 구조로 변하였다. 또한 그때 형성된 코팅막의 결정구조는 표면에너지가 상대적으로 높은 Mg(002)면 피크의 점유율이 감소하고 표면에너지가 낮은 Mg(101)면 피크의 점유율이 증가하는 경향을 나타내었다. 그리고 공정압력이 증가할수록 Mg 격자 간 면 간격(d-value)이 증가하는 경향을 나타내었다. 이상에서 제작한 마그네슘 코팅막의 결정성장 과정은 본 진공 플라즈마 PVD 공정중 증착가 더불어 흡착역할을 하는 Ar의 움직임에 따라 설명 가능하였다[1,2]. 코팅막의 양극분극(Polarization)측정 결과에 의하면, 공정압력이 높은 조건에서 제작한 막일수록 부동태 특성이 우수하여 내식성이 향상되는 경향을 나타내었다. 특히, 공정압력이 상대적으로 높은 50 mTorr 조건에서 제작된 코팅막이 표면 마그네슘 결정의 크기가 조밀하고 결정구조는 Mg(002)면과 Mg(101)면의 상대강도 비가 유사하여 내식성 가장 우수하였다.