• Journal of the Korea Academia-Industrial cooperation Society
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• v.17 no.4
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• pp.255-263
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• 2016

This study conducted empirical tests on contemporary finance theories for corporate cash holdings, such as trade-off, pecking order, and agency theory. There is ongoing debate on the possibility of excess cash savings by domestic firms, including chaebols in the Korean capital markets. Thus, it may be worthy to identify any financial characteristics based on each aforementioned theory as an extension of previous studies on similar subjects. Two primary hypotheses were postulated and tested, and the following empirical results were obtained. First, principal component analysis (PCA) provides evidence that nine out of the twenty explanatory variables showed a significant influence on the level of corporate cash holdings, such as cash conversion cycle in trade-off theory and leverage in pecking order theory. Second, the chaebol firms that decreased cash holdings after global financial turmoil may be affected by financial factors that include investment opportunities and foreign ownership according to the PCA. The results may reinforce the outcomes derived from previous research on corporate cash holdings. Based on the robust results, large firms in advanced or emerging capital markets could approach the optimal level of the cash reserves.

• Korean Journal of Agricultural and Forest Meteorology
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• v.5 no.2
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• pp.51-60
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• 2003

Rice, which occupies about 60% of the farmland in Korea, is a staple crop in Asia. It not only absorbs $CO_2$ from the atmosphere, but also emits carbon in a form of CH$_4$. It has a potential role in the global budget of greenhouse gases because of its relative contributions of carbon absorption and emission associated with changing hydrologic cycle. To better understand its current and future role, seasonal variations of energy and $CO_2$ exchange in this critical ecosystem need to be quantified. The purpose of this study was to measure, document and understand the exchange of energy and $CO_2$ in a typical rice paddy in Korea throughout the whole growing season. Since late April of 2002, we have conducted measurements of energy and $CO_2$ exchange in a rural rice paddy at Hari site, one of the Korea regional network of tower flux measurement (KoFlux). After the quality control and gap-filling, the observed fluxes were analyzed in the context of micrometeorology and biophysics. $CO_2$ and energy exchanges varied significantly with land cover changes (e.g., plant growth stages), in addition to changes in weather and climate conditions. This study, reporting first direct measurement of energy and $CO_2$ exchange over a rice paddy in Korea, would serve as a useful database as one of the reference sites in AsiaFlux and FLUXNET.

• Journal of the Computational Structural Engineering Institute of Korea
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• v.31 no.2
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• pp.97-104
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• 2018

In this study, a structure satisfying the fatigue constraint is designed by applying the topology optimization based on the phase field design method. In order to predict life based on the stress value, high cycle fatigue failure theory in which stress acts within the range of elastic limit is discussed and three fatigue theories of modified-Goodman, Smith-Watson-Topper and Gerber theory are applied. To calculate the global maximum stress, a modified P-norm stress correction method is used. As a result, it is possible to obtain topology optimization results that minimize the volume while satisfying the fatigue constraints. By applying the phase field design method, a simple shape with a minimized gray scale was obtained, and the maximum stress value acting on the optimization result became very close to the allowable stress value due to the modified P-norm stress method. While previous studies does not consider the stress correction factor, this study proposes the determination method regarding the stress correction factor considering loading effects related to axial stress components.

• Journal of Microbiology and Biotechnology
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• v.28 no.6
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• pp.1007-1021
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• 2018

Cancer represents one of the most significant threats to human health on a global scale. Hence, the development of effective cancer prevention strategies, as well as the discovery of novel therapeutic agents against cancer, is urgently required. In light of this challenge, this research aimed to evaluate the effects of several potent bioactive peptides and proteins contained in crocodile white blood cell extract (cWBC) against LU-1, LNCaP, PC-3, MCF-7, and CaCo-2 cancer cell lines. The results demonstrate that 25, 50, 100, and $200{\mu}g/ml$ cWBC exhibits a strong cytotoxic effect against all investigated cell lines ($IC_{50}$ $70.34-101.0{\mu}g/ml$), while showing no signs of cytotoxicity towards noncancerous Vero and HaCaT cells. Specifically, cWBC treatment caused a significant reduction in the cancerous cells' colony forming ability. A remarkable suppression of cancerous cell migration was observed after treatment with cWBC, indicating potent antimetastatic properties. The mechanism involved in the cancer cell cytotoxicity of cWBC may be related to apoptosis induction, as evidenced by typical apoptotic morphology features. Moreover, certain cWBC concentrations induced significant overproduction of ROS and significantly inhibited the $S-G_2/M$ transition in the cancer cell. The molecular mechanisms of cWBC in apoptosis induction were to decrease Bcl-2 and XIAP expression levels and increase the expression levels of caspase-3, caspase-8, and p53. These led to a decrease in the expression level of the cell cycle-associated gene cyclin-B1 and the arrest of cell population growth. Consequently, these findings demonstrate the prospect of the use of cWBC for cancer therapy.

• Journal of Agricultural Extension & Community Development
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• v.16 no.2
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• pp.363-384
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• 2009

This study aimed at finding directions for Korean agriculture to establish a new paradigm of sustainable development. Various problematic issues and concerns in the environment necessitate the transformation of Korea's development paradigm from unconditional growth to "Green Growth" through new policies on green value and review of various advanced researches. In this research, the environment-friendly agriculture's problems, particularly in agribusiness were analyzed. Drawing from Michael Porter's Value Chain Analysis, this research developed a value chain model in agriculture that reflects the environment and the present situations. Future directions in the agriculture sector were also discussed. Korea realized food self-sufficiency through the green revolution in the early 1970s. However, a lot of problems have also occurred, including ground and water pollution and the destruction of ecosystems as a result of the overuse of pesticides and chemical fertilizers. In the late 1970s, the growing interest on environment-friendly agriculture led to the introduction of sustainable methods and techniques. Unfortunately however, these were not innovative enough to foster environment-friendly agriculture. Thereafter, the consumers' distrust on agricultural products has worsened and concerns about health have increased. In view of this, the Ministry of Food, Agriculture, Forestry and Fisheries introduced in December 1993 a system of Quality-Certified Products for organic and pesticide-free agri-foods. Although a fundamental step toward the sustainability of the global environment, this system was not enough to promote environment-friendly agriculture. In 2008, Korea's vision is for "Low Carbon Green Growth" to move forward while also coping with climate change. But primary sectors in a typical value chain do not consider the green value of their operations nor look at production from an environmental perspective. In order to attain sustainable development, there is a need to use less resources and energy than what is presently used in Korean agricultural and value production. The typical value chain should be transformed into a "closed-loop" such that the beginning and the end of the chain are linked together. Such structure allows the flow of materials, products and even wastes among participants in the chain in a sustained cycle. This may result in a zero-waste sustainable production without destroying the ecosystem.

• Journal of the Korean Geographical Society
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• v.42 no.2 s.119
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• pp.165-176
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• 2007

Absolute age of the deposition of 1.3 km-thick Bunthang sequence within the Skardu intermontane basin of the Central Karakoram was determined using radioactive decay of cosmogonic $^{10}Be$ and $^{26}Al$ burial dating. The Bunthang sequence deposited around 2.65 Ma, which is the oldest glaciation in the region. The timing of deposition of the Bunthang sequence is consistent with the previous suggestion that the basin filling took place between Brunhess and Matuyama chrons. Four major sedimentary facies interfinger within the Bunthang sequence: glacial diamict, lacustrine, fluvial and lacustrine facies upward. This sedimentary distinctiveness and the lack of evidence on the faults for alternative pull-apart basin model around the Bunthang sequence, suggest that the depressional basin was formed by deep subglacial erosion during the exrtensive Bunthang Glacial Stage and subsequently the sediments underlain by basal diamict, was quickly deposited by preglacial and paraglacial processes. Temporary ponding of the Indus River due to tectonic uplift in the downstream or blockage by mass movements might make the basin filing more possible. The hypothesis that the single ice sheet developed on the Tibetan Plateau during the global last glacial cycle should be refuted by the existence of the older extensive Bunthang glacier Furthermore, the extensive glaciation during the early Quaternary (and thus progressive decrease in extent with time) suggests that there may have been significant uplift of the Pamir to the west and Himalaya to the south, which would have reduced the penetration of westerlies and Indian summer monsoon and hence moisture supply to the region.

• Proceedings of the Korean Institute of Navigation and Port Research Conference
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• 2011.06a
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• pp.27-28
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• 2011

A solar flares have the 11-year cycle and release a large energy which may produce coronal mass ejections (CME). The NOAA (National Oceanic and Atmospheric Administration) predicted that the sun spot activity will be maximized in 2013-2014. A strong solar flare can cause the disturbance of global positioning system including various communication of TV, radio broadcasting. The actual solar storm in 1989 caused power outages in Canada during 9 hours and about 600 million people had experienced a blackout. Such a solar storm can shorten the GPS satellite's life span about 5 to 10 years which can be resulted in economic loss considering the amount of multi-billion won. This paper analyzed the recent solar storm of X-class occurred on 15th of February about 10:45 this year that was reached Korea (Bohyun observatory) on 18th of February about 10:30 (local time), and compared with the data of before and after a week. The proton data of 18th of February considered that the solar strom reached on earth showed a fluctuation compared to the data of before and after a week. The positioning results at Daejeon also showed higher positioning error compared to the data of before and after a week results.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.8 no.3
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• pp.27-37
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• 2013

In recent, Korean government TF Team announced new entrepreneurship policy of establishing virtuous cycle in high-tech venture startup financing ecosystem with emphasizing on 'boosting up angel investment and M&A.' This policy is brought not only to come up with the previous policy defects of creating less creative starts-up despite that government has put die-hard efforts, such as big chunk of budget dumping and policy preference, to promote high-tech starts-up since the year of 1997, but also to found right momentum of shifting entrepreneurship policy paradigm from government-direct to entrepreneur into indirect via utilizing the market forces. In particular, this policy puts a highlight on promoting angel investment, representing unfolding red carpets for creative economy. However, this policy confront critical fatal flaws such as a serious lacks of business angels which carry out the core function of government policy. In worse off, business angels cannot be raised up in short term period by taking other practical entrepreneurship ecosystem cases. As alternative, this paper propose the raising-up over entrepreneurship facilitators with having angel investing potentials in short term. In specific, this paper suggest the training methodology over the previous BI manager, passive simple angel investors, and consultants in entrepreneurship for embedding entrepreneurship facilitators. This paper carries four different specific studies. First, this paper implement literature review for entrepreneurship policy with respect to evaluating the previous entrepreneurship policies and making a diagnosis over its consequences. Second, it carries theoretical literature reviews relating to Korean angel investment and business incubation. Third, it proposes the concept of entrepreneurship facilitators. Fourth, it brings the alternatives of raising up entrepreneurship facilitators.

• Korean Journal of Agricultural and Forest Meteorology
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• v.18 no.4
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• pp.348-356
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• 2016

Carbon dioxide ($CO_2$) gases concentration in atmosphere has been growing since preindustrial times. By sequestering a large amount of atmospheric carbon (C), terrestrial ecosystems are thought to offer a mitigation strategy for reducing global warming. Woody agro-ecosystems such as fruit tree are among the least quantified and most uncertain elements in the terrestrial carbon cycle. $CO_2$ and energy fluxes were measured by the eddy covariance method on a 15-year old apple orchard of South Korea in 2006. Environmental parameters (net radiation, precipitation, etc.) were measured along with fluxes. The results showed that during late June, the ability to sequestrate C was significant at an apple orchard ecosystem and it reached on the peak of $-6.5g\;C\;m^{-2}\;d^{-1}$. We found that in the apple orchard, the daily average of net ecosystem exchange of $CO_2$ (NEE) and cumulative NEE on a yearly basis were $-1.1g\;C\;m^{-2}$ and $-396.9g\;C\;m^{-2}$, respectively. These results reveal that there is high carbon sequestration in the apple orchard of South Korea, which is the same magnitude with repect to that of a natural forested ecosystem of the same biome rank (temperate-humid deciduous forest).

• Journal of Navigation and Port Research
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• v.35 no.6
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• pp.477-482
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• 2011

Solar flares have the 11-year cycle and release a large energy which may produce coronal mass ejections (CME). The NOAA (National Oceanic and Atmospheric Administration) predicted that the sun spot activity will be maximized in 2013-2014. A strong solar flare can cause the disturbance of global positioning system including various communication of TV, radio broadcasting. The actual solar storm in 1989 caused power outages in Canada during 9 hours and about 600 million people had experienced a blackout. Such a solar storm can shorten the GPS satellite's life span about 5 to 10 years which can resulted in economic loss considering the amount of multi-billion won. This paper analyzed the influence of recent X-class solar storm occurred on 15th of February about 10:45 this year that was reached Korea (Bohyun observatory) on 18th of February about 10:30 (01:30 - UTC), and compared with the data before and after a week. The proton data of 18th of February considered that the solar storm reached on earth showed a fluctuation compared to the data before and after a week. The positioning results at Daejeon and Seoul of Korea also showed higher positioning error compared to the data before and after a week results.