• The Journal of Asian Finance, Economics and Business
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• v.7 no.8
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• pp.695-704
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• 2020

Bitcoin and other prominent cryptocurrencies have gained much attention since the last several years. Globally known as digital coin and virtual currency, this cryptocurrency is gained and traded within the blockchain system. The blockchain technology adopted in using the cryptocurrency has raised the eyebrows within the banking sector, government, stakeholders and individual investors. The rise of the cryptocurrency within this decade since the inception of Bitcoin in 2009 has taken the market by storm. Cryptocurrency is anticipated as the future currency that might replace the current paper currency worldwide. Even though the interest has caught the attention of users, many are not aware of its opportunities, drawbacks and challenges for the future. Researches on cryptocurrencies are still lacking and still at its infancy stage. In providing substantial guide and view to the academic field and users, this paper will discuss the opportunities in the cryptocurrency such as the security of its technology, low transaction cost and high investment return. The originality of this paper is on the discussion within law and regulation, high energy consumption, possibility of crash and bubble, and attacks on network. The future undertakings of cryptocurrency and its application will be systematically reviewed in this paper.

• Proceedings of the KIEE Conference
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• 2000.07a
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• pp.406-408
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• 2000

Recently, Korea's electric industry is in the midst of a period of profound changes in the structure and function, including the introduction of market competition in the generation sector. Therefore, it is difficult to promote long-term capacity planning and new generating capacity construction which have been driven by KEPCO so far, after the introduction of market competition, so new generating capacity construction and security of reserve margin is needed through self·regulation plan of private generation producers by market mechanism. According to the competition in the generation sector, a new paradigm is necessary to the long-term capacity planning driven by the Government. This paper analyzes the plan and the incentive level able to guide the new generation capacity construction considering the uncertainty risk in a period of introduction of competition. In addition, this paper analyzes the plan able to guide the new capacity construction by market function at the stage which market become established and Government's role to solve the anxiety about the capacity supply and demand.

• The Journal of the Korea Contents Association
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• v.9 no.7
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• pp.110-120
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• 2009

Recently raising the recognition and it joins in about software quality evaluation and authentication and the recognition is augmented in about importance of the high quality security which leads a quality investment from the software development enterprise. The quality investor do to become accomplished but substantially from which degree level, quality investment it leads and the verification of software quality improvement does not become accomplished substantially and with without being it does and wants the enterprises where are clear the quality improvement which leads a quality investment does not set the direction where the problem occurs. From the research which it sees international ISO/IEC 9126 where it is standard and in about software test ISO/IEC 12119 where it is a guide it constructed the metric in base and software tentative instance it led and is accumulated and the defect data which it analyzed. result escape it investigated/to analyze quality level and it analyzed is weak from development process part and a defect level and the quality rating instance of Middleware] software and escape a disposal plan it investigated. The research which it sees it leads and it induces it is quantitative/that there is a possibility of being sufficient it sees the quality increase of Middleware software and the demand which is qualitative.

• KDI Journal of Economic Policy
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• v.30 no.1
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• pp.211-246
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• 2008

This paper evaluates the role of Korean government in the venture capital industry, in particular in the stages of fund-raising and venture investment. Utilizing data from Korean Venture Capital Association (KVCA), the analysis is conducted for the venture boom and post-boom periods separately. Empirical results show that the government played a significant role in the fund-raising stage in both venture boom and post-boom periods. When it comes to the investment stage, however, the empirical results indicate that the government did not accomplish expected roles. In particular, the government failed to induce investments in the outside funds of which the government had a larger stake toward early-staged firms and guide common stock investments during the venture boom period. The empirical outcomes also show that the government has not properly increased venture investments on high-tech industries during the post-boom period. This paper argues tentative reasons why the policy failures were observed in relation to the policy implications and provide several pieces of supporting evidence.

• Proceedings of the Korean Operations and Management Science Society Conference
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• 2003.05a
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• pp.312-319
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• 2003

In late 90s, organizations recognized the information technology as an key enabler of the business strategic accomplishment which lead them heavy increment on IT investment. These organizations tried to hold the competitive advantage by focusing on their core competency. And these acts raise their interests on IT outsourcing. Recent trends of the organizations concern on evaluating the effectiveness of the previous IT investment and the reasonable selection on IT investment type. Also, the objective evaluation of the service level and continuous improvement are major concern of the outsourcer. Consequently, interests on Service Level Agreement (SLA), an immanence operating tool for managing the level of the information system service objectively and qualitatively, were raised among IT outsourcing service providers, outsourcers, and operating departments. Yet, only a few domestic conglomerates adopted the SLA, and exact usage of the SLA is currently unknown. Because of the importance of the SLA between a service provider and an outsourcer, the agreement is treated with high confidentiality. This raised the problems to both the private and public organizations, are considering the SLA, with absence of concrete guide line to internalize SLA management process. This study provides the organizational and environmental factors of the adopting and applying the Service Level Agreement (SLA) by conducting multiple case research. The sampled companies are currently implementing the SLA over 1 year of usage period. Factors were used to provide the operational contribution for implementing the SLA. The study also provides the effects on IT performance through the SLA. For this, in depth interview was conducted for each sampled company. As a result, if SLA between outsourcer and service provider can be used as an immanence operation tool and actively implemented, SLA will be an strategic tool for various decision making in IT management practice with long term relationship, better shared partnership, and continuous service improvement.

• Management & Information Systems Review
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• v.12
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• pp.181-201
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• 2003

An employee employment of Enterprise must consider efficiency, balance attribute and effectiveness as important variable. but Our country's Enterprise reduce the personnel without basic guide line about employee employment. because Our country's Enterprise thinks of personnel expenses or sales amount decrease as important variable. Therefore, Research background sets out that there is no basic guideline for employment management one of the most important elements in Enterprise administration. and I examined employment control's concept and concept about softness of labor market in theoretical background setting. Also, was abreast of employment control effect, case study and literature research about employment control's basis. Finally, In fluctuation change of Enterprise's employee number, I examined which relation is formed in comparison with sales amount, net profit and the employee number of individual Enterprise using investment analysis material of Stock Company focused on Enterprise that stock is listed on the stock exchange.

• Korean Management Science Review
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• v.12 no.1
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• pp.111-124
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• 1995

With the increasing interest of reducing process variation, statistical process control has served the pivotal tool in most industrial quality programs. In this study, system analyses have been performed associated with a cost incorporated version of a process control, a quadratic loss-based X over bar control chart model. Specifically, two issues, the capital/research investments for improvement of a system and the precision of a parameter estimation, have been addressed and discussed. Through the analysis of experimental results, we show that process variability is seen to be one of the most important sources of loss and quality improvement efforts should be directed to reduce this variability. We further derive the results that, even if the optimal designs may be sensitive, the model appears to be robust with regard to misspecification of parameters. The approach and discussion taken in this study provide a meaningful guide for proper process control. We conclude this study with providing general comments.

• Proceedings of the KIEE Conference
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• 2001.05a
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• pp.166-168
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• 2001

Generation by the privately owned generators, which are normally operated has occupied about 10% of total generation. Recently the small co-generation employed gas engine has been introduced and attracted public interest. For privately owned generator to be paralleled Utilities, a customer complies with Generator Parallel Operation Guideline set by Utilities and installs related protective relays. But the guideline is not specified to small co-generation, only provides parallel operation of privately owned generator. So applying this guideline, initial investment can be too high comparing to total co-generation cost. Besides there is no specified guide about ALTS, which arises asynchronous problem. In this paper we analyzed guideline and technical problem when small co-generation is paralleled. And additionally needed researching area to improve distribution of small co-generation is discussed.

• Proceedings of the KSR Conference
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• 2001.10a
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• pp.429-434
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• 2001

Rail crossings pose special safety concerns for modern railroad operation with faster trains. More than ninety percent of train operation-related accidents occurs on at-grade crossings. Surest countermeasure for this safety hazard is to eliminate at-grade crossings by constructing over/under pass or by closing them. These eliminations usually require substantial amount of investment and/or heavy public protest from those affected by them. Thorough and objective analysis are usually required, and valid accident prediction models are essential to the process. This paper developed an accident prediction model for Korean at-grade crossings. The model utilized many important factors such as guide personnel, highway traffic, train frequency, train sight distance, and number of tracks. Developed model was validated with actual accident data.

• Journal of the Korean Society for Railway
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• v.3 no.3
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• pp.161-169
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• 2000

AGT(Automated Guide-way Transit System) was introduced to satisfy the every increasing need for improved urban transportation. The AGT system is classified as medium distance and demand capacity mass transit being introduced for such area with inadequate passenger demand for railway construction but excessive demand for bus service. To decrease initial investment cost it is important that we have to secure the technology system of Light Rail Transit for Korea environment. By utilizing the finite element analysis, the result in this paper is enough to satisfy the strength whish is required. Also for the purpose of safety, it is decided the thickness and frame structure of the undeframe section through the analysis. It is known that carbody is no problem for required design conditions.