• Title/Summary/Keyword: Market Instability

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Audio Guidance Application For Commodity Prices Using Public Data And AI Chatbot (공공데이터와 AI챗봇을 이용한 물가 음성안내 앱 서비스)

  • Lee, Jae-Seon;Kang, Kyeong-Don;Park, Tae-Yok;Jung, Deok-Gil
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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    • 2018.05a
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    • pp.251-253
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    • 2018
  • As the prices of agricultural, fishery, and dairy products have been fluctuating due to recent instability on commodity prices, so consumers have been more inclined to make purchase without specific criteria by relying on marketing or their personal experiences and senses of market. The core function of this application is precisely and conveniently telling the consumption index to consumers who are waved by unstable commodity prices by helping users to easily understand the price index of agricultural, fishery, and dairy products in real time using public data. And, it also includes the AI Chatbot and voice recognition function, and meets the convenience of natural language processing and hands-free etc..

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A study on wind source interpolation based on shape of complex topography (복잡지형 형상에 따른 풍력자원 보정에 관한 연구)

  • Cheang, Eui-Heang;Moon, Chae-Joo;Kim, Eui-Sun;Chang, Young-Hak
    • Journal of the Korean Solar Energy Society
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    • v.29 no.6
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    • pp.62-68
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    • 2009
  • There has been a continuous increase in the utilization and utility value of renewable energy such as wind power generation in modem society. Wind condition is the absolute variable to the energy volume in the case of a wind power generation system. For this reason, wind power generators have already been installed in areas where wind velocity is high and the possibility of danger is very low. In other words, instability is likely if the wind velocity in an area is high and where a wind power generation system can be built. On the contrary, low wind velocity is possible in an area with high stability. Therefore, the design and manufacture of a wind power generation system should be carried out in a more complicated topography in order to secure a bigger market. This study examines and suggest how topography affects wind shear by analyzing the measured data in order to predict wind power generation more reliably.

Voltage Stability Prediction on Power System Network via Enhanced Hybrid Particle Swarm Artificial Neural Network

  • Lim, Zi-Jie;Mustafa, Mohd Wazir;Jamian, Jasrul Jamani
    • Journal of Electrical Engineering and Technology
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    • v.10 no.3
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    • pp.877-887
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    • 2015
  • Rapid development of cities with constant increasing load and deregulation in electricity market had forced the transmission lines to operate near their threshold capacity and can easily lead to voltage instability and caused system breakdown. To prevent such catastrophe from happening, accurate readings of voltage stability condition is required so that preventive equipment and operators can execute security procedures to restore system condition to normal. This paper introduced Enhanced Hybrid Particle Swarm Optimization algorithm to estimate the voltage stability condition which utilized Fast Voltage Stability Index (FVSI) to indicate how far or close is the power system network to the collapse point when the reactive load in the system increases because reactive load gives the highest impact to the stability of the system as it varies. Particle Swarm Optimization (PSO) had been combined with the ANN to form the Enhanced Hybrid PSO-ANN (EHPSO-ANN) algorithm that worked accurately as a prediction algorithm. The proposed algorithm reduced serious local minima convergence of ANN but also maintaining the fast convergence speed of PSO. The results show that the hybrid algorithm has greater prediction accuracy than those comparing algorithms. High generalization ability was found in the proposed algorithm.

A Study on Subsidence of Offshore Wind Power System Foundation (해상풍력시스템의 기초침하에 관한 연구)

  • Seo, Dong-Il;Shin, Sung-Ryul;Lim, Jong-Se;Yoon, Ji-Ho;Jang, Won-Yil
    • Journal of Advanced Marine Engineering and Technology
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    • v.31 no.8
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    • pp.1020-1027
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    • 2007
  • As a national enterprise has been expanded over and over, the worldwide energy consumption has been growing necessarily. Moreover, as recently energy spendings are on the increase in countries such as BRICs, it has resulted that a rise in the price of both oil and mineral resources and instability between supply and demand become serious issue in the world resources market. The recent high price of oil and mineral resources have a deep influence on economy and threaten energy security and even national prosperity of Korea. In addition to these, exhaustion of fossil fuels and the enhanced greenhouse effect which results from gases emitted as a result of fossil fuels has been in serious questions which occur a great deal of effort to secure clean energy resources all around the world. As it is considerably possible for Korea that the Kyoto protocol may come into effect on and after 2013, it is essential to require the technological development to promote energy efficiency as well as to develope safe and renewable energy resources. The wind energy technology which converts kinetic energy into electrical energy has been in the focus of the world's attention. In this study, two-dimensional numerical analyses were conducted to observe subsidence aspects of the sea bottom on differently applied loads and various ground conditions.

A Study for Developing Diagnosis Model of Global Innovation Capabilities of SMEs (중소기업 글로벌 혁신역량 진단 모형 개발 연구)

  • Roh, Dong-Gi;Roh, Hyun Sook;Choi, Yun-Jeong;Seo, Jong-Hyen
    • Journal of the Korea Safety Management & Science
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    • v.16 no.4
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    • pp.295-303
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    • 2014
  • In this paper, due to the instability of the domestic market, global competition is intensifying in the current situation of global capacity building of SMEs for the purpose of developing a diagnostic indicator placed on the purpose. In this model, the results of applying several companies overall global innovation pilot enterprises and non-rated global innovative companies awarded significant difference between the score and the ability to believe the show. Non-global innovation companies, the relative firm size factor and R&D investment and patent number of factors are lacking appeared shone This is a common small business nature of the majority of companies small and R&D investment, the absolute amount is insufficient to reflect that, but the global innovator in the case of firm size and the relatively large amount of investment that never shows.

Reform of National R&D Structure under Economic Crisis : The Irony of Korea

  • Park, Yong-Tae
    • Journal of Technology Innovation
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    • v.7 no.1
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    • pp.1-13
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    • 1999
  • In this article, we first present an inductive taxonomy of national R&D structures in terms of relative R&D flows among prime actors. The R&D structure of Korea, along with the Japanese one, turns out to be an ill-balanced one characterized by the dominant role of private sector, vis-a-vis the minimal share of public R&D. In nature, private R&D is sensitive to business cycle and the vulnerability of the Korean structure has been invisible under prosperity but now is disclosed under depression. This problem is nothing new and indeed has long been recognized by the Korean government but the prescription seemed almost impossible. Ironically, the current economic crisis of Korea renders an unexpected opportunity for structural reform. As private firms are cutting down R&D investment, the relative share of public sector becomes significant. A simulation predicts that balanced systems will be achieved in some years if public R&D budget is kept up. Although the contraction of private R&D is by no means desirable, it is the right time for the Korean government to expand public R&D. Public R&D should be considered not only a remedy for market-failure but also a shock-absorber against cyclic instability. This is why the balance between public R&D and private R&D is emphasized.

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Legal Protection and Lawsuit Trends in the Fashion Industry -An Analysis of Cases in Korea and the U.S.- (패션산업의 법적 보호와 소송 동향 -한국과 미국의 사례를 중심으로-)

  • Lee, Jisun;Chun, Jaehoon
    • Journal of the Korean Society of Clothing and Textiles
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    • v.44 no.6
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    • pp.1120-1138
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    • 2020
  • This study focused on the increasing fashion industry disputes that have resulted from the development of technology and industry. This study examines the improvement of domestic law, along with U.S. precedents that represents a larger fashion market and more legislative cases than Korea. Analyzing previous studies in Korea and the U.S. for theoretical background, it has uncovered limitations that apply to fashion design-related cases, rather than entire lawsuits involving various fashion industries. This study divided litigation into lawsuits involving products, human resources, and other lawsuits (such as incidents such as breach of contract, and portrait rights). Therefore, most lawsuits are related to products because of false socio-cultural perceptions about design imitation in the fashion industry. Lawsuits related to human resources are expected to arise due to the expansion of the Korean fashion industry and the expansion of overseas markets. Finally, new and unexpected conflicts will arise as the environment and social structure diversify. The importance of this study is that real case analysis can help reduce disputes because it can resolve legal instability due to the ambiguity of the interpretation of current law and suggest implications for dispute resolution.

Linking Intrinsic Motivation to Employee Creativity: The Role of Empowering Leadership

  • VU, Ngan Hoang;NGUYEN, Tung Thanh;NGUYEN, Hanh Thi Hai
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.3
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    • pp.595-604
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    • 2021
  • This research aimed to explore the relationship between the challenge and enjoyment dimensions of intrinsic motivation and employee creativity at an individual level. Besides, the study focused on investigating the moderating role of empowering leadership in promoting employee creativity at work. In particular, in the context of Vietnam's electricity industry, the power generation stage faces significant challenges, forcing to innovate and restructure strongly to respond flexibly to the requirements of the electricity market development in Vietnam as well as gradually integrate with other countries in Southeast Asia. The authors used structural equations modeling (SEM) combined with Hayes' moderator variable analysis method (2017) based on primary data. The data included 550 questionnaires from technicians, engineers, and experts directly involved in the operation and production of 36 power generation businesses Vietnam. The results showed the relationship between the enjoyment dimension of intrinsic motivation and employee creativity is not statistically significant, which partly explains the instability of the link between intrinsic motivation and employee creativity. Meanwhile, the challenge dimension is positively associated with employee creativity, but this relationship is more robust in empowering leadership. The study also indicated the challenge dimension of intrinsic motivation is an important predictor of employee creativity.

Experimental determination of the resistance of a single-axis solar tracker to torsional galloping

  • Martinez-Garcia, Eva;Marigorta, Eduardo Blanco;Gayo, Jorge Parrondo;Navarro-Manso, Antonio
    • Structural Engineering and Mechanics
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    • v.78 no.5
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    • pp.519-528
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    • 2021
  • One of the most efficient designs of solar trackers for photovoltaic panels is the single-axis tracker, which holds the panels along a torque tube that is driven by a motor at the central section. These trackers have evolved to become extremely slender structures due to mechanical optimization against static load and the need of cost reduction in a very competitive market. Owing to the corresponding decrease in mechanical resistance, some of these trackers have suffered aeroelastic instability even at moderate wind speeds, leading to catastrophic failures. In the present work, an analytical and experimental approach has been developed to study that phenomenon. The analytical study has led to identify the dimensionless parameters that govern the motion of the panel-tracker structure. Also, systematic wind tunnel experiments have been carried out on a 3D aeroelastic scale model. The tests have been successful in reproducing the aeroelastic phenomena arising in real-scale cases and have allowed the identification and a close characterization of the phenomenon. The main results have been the determination of the critical velocity for torsional galloping as a function of tilt angle and a calculation methodology for the optimal sizing of solar tracker shafts.

Adopting the Electronic Services in the Light of Coved 19 from Employees' Perceptive in Karak University College

  • Allahawiah, Sattam;Altarawneh, Haroon;nawaiseh, Kafa al
    • International Journal of Computer Science & Network Security
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    • v.22 no.10
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    • pp.389-399
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    • 2022
  • This study aims to investigate and analyze the impact of the COVID-19 pandemic on the adopt electronic services in education sector in Jordan, where the COVID-19 pandemic has left huge threats in terms of health and led to a significant decrease in economic output and a rise in unemployment. This study also aims to know the steps taken by the Jordanian governments and higher education ministry and universities to overcome this crisis and mitigate the economic and financial impacts that would enhance the resilience of the education sector. To achieve the goal of the study, both methods of deductive and inductive analysis were used, which helped us to systematically consider the economic and other consequences of the COVID-19 pandemic, such as statistical analyses and other tools that helped us in this study. The results of this study, showed that the COVID-19 pandemic led to a significant increase in adopt electronic services in education sector in Jordan, and decline in economic growth, a significant rise in unemployment, an increase in market instability, and a decrease in the financial position of companies. The recommendations concluded that Jordan should begin to change its policies according to the new data, and take Measures to advance the education sector by relay on electronic services and directing investment in education sector through saving policies and infrastructure equipment in parallel with the population boom in Jordan.