• Asia-Pacific Journal of Business
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• v.13 no.2
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• pp.123-138
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• 2022

Purpose - This study compares the performances of dynamic asset allocation strategies using Korean stocks and U.S. dollar, which have been negatively correlated for a long time, to examine the diversification effects in the portfolios of them. Design/methodology/approach - In the current study, we use KOSPI200 index, as a proxy of the aggregated portfolio of Korean stocks, and USDKRW foreign exchange rate to implement various portfolio management strategies. We consider the equally-weighted, risk-parity, minimum variance, most diversified, and growth optimal portfolios for comparison. Findings - We first find the enhancement of risk adjusted returns due to risk reduction rather than return increasement for all the portfolios of consideration. Second, the enhancement is more pronounced for the trading strategies using correlations as well as volatilities compared to those using volatilities only. Third, the diversification effect has become stronger after the global financial crisis in 2008. Lastly, we find that the performance of the growth optimal portfolio can be improved by utilizing the well-known momentum phenomenon in stock markets to select the length of the sample period to estimate the expected return. Research implications or Originality - This study shows the potential benefits of adding the U.S. dollar to the portfolios of Korean stocks. The current study is the first to investigate the portfolio of Korean stocks and U.S. dollar from investment perspective.

• The Journal of Information Systems
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• v.24 no.2
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• pp.139-162
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• 2015

Purpose This study reviews technology acceptance research in the information system area and consumer behavior research in the marketing area, sets characteristics of convergence products, personality of consumers and communication channels as main concepts and demonstrates their effects on 'relative level of attraction' and 'intent to adoption. Design/methodology/approach The survey was conducted against potential consumers who have the intent to purchase electric communication media products that provides a variety of functions and service, such as a smart TV, a tablet PC and a smart watch. All items were adapted from previous literature and revised as appropriate the purpose of this study and measured on a 7-point Likert scale with answer choices ranging from "strongly disagree" (1) to (7) "strongly agree." Totally, 300 respondents participated in the survey. Out of the 276 respondents, incomplete or invalid 24 were discarded. With them, SPSS 18.0 and AMOS 20.0 for structural equation modeling were used for the analysis. Findings Main findings are as followed;- First, it is found that 'interrelationship of technology' and 'functional diversification' of convergence products has positive effects on relative level of attraction. Second, perceived behavior control has significant effects on the intent to adoption convergence products. Third, communication through mass media has positive effects on making potential consumers feel attraction about products while there is no relationship with the intent to a. On the other hands, it is demonstrated that there is no relationship influential relationship between communication through interpersonal channels and relative level of attraction while communication through interpersonal channels has significant effects on the intent to adoption.

• Journal of Korea Technology Innovation Society
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• v.15 no.1
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• pp.105-128
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• 2012

This paper proposes the technological level assessment which improved reliability and the efficient noise elimination methods in the process of establishing patent map analysis data. In order to eliminate efficiently noise (removed by the manual process in the past), the paper applies the Logical Operator 'AND', makes it a program in excel VBA(Visual Basic Application), and obtains the valid data. For the improved reliability technological level assessment of the patents, the study calculates average number of claims, Patent Family Size(PFS), Cites Per Patent (CPP), Triad Patent Families, Standardization Patent Diversification Index (stdPCPI), and haF-index(Hirsch a Family index). The result which applied noise exclusion work showed less than 10% of acquired patent data ratio and confirmed high reliability. The result that apply proposed technological level assessment index makes sure that balanced technological level assessment which improved reliability by producing synthetic technological level assessment.

• STI Policy Review
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• v.2 no.1
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• pp.35-53
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• 2011

This paper originates from the questions concerning why Korea has had difficulties in boosting R&D service industries regardless of government efforts over a decade. We first review the intrinsic nature of the R&D services and set up four criteria such as establishment type, diversification of business models, coverage of client firms, and role of R&D service firms as innovation drivers and IP strategies, that will be used in interviewing and analyzing R&D service firms. Second, we carry out in-depth interviews of eighteen R&D service firms to understand business behaviors and relevant characteristics. Finally, we identify five groups of R&D service firms and conclude that differentiated polices have to be implemented according to the groups for promoting the industry effectively.

• Proceedings of the Korean Operations and Management Science Society Conference
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• 2006.11a
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• pp.104-107
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• 2006

In this paper, we propose a new framework for to identifying R&D opportunities in aging society. Our framework analyzes megatrend of aging society and then identifies technologies. The framework develops scenarios, creates product/service concept, derives technology theme for identifying specific technologies.

• 제어로봇시스템학회:학술대회논문집
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• 2005.06a
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• pp.830-833
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• 2005

The diversification of the regulating system was promoted with the development of the computer technology. On the other hand, environmental problems and the energy conservation problem are being valued as for needs of the society. Our research was able to be achieved in such a situation.

• ETRI Journal
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• v.35 no.6
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• pp.1134-1143
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• 2013

The rising pace of technological change in information and communications technology (ICT) has provoked technological convergence by providing a new mode of diversification. This paper investigates the nature of ICT-based converging technologies by examining comparative empirical evidence on converging versus nonconverging technologies in relation to the following issues: patent application trends, concentration across technologies, the concentration of patenting activity across firms, R&D efforts, and a technology impact index. For this study, a new operational definition of ICT-based converging technology is derived, and a massive quantity of patents, up to around 600,000, is analyzed. This study follows the International Patent Classification as well as the modified European Commission's industry classification system for the classification of technologies and industries, respectively.

• International conference on construction engineering and project management
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• 2020.12a
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• pp.433-439
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• 2020

As eco-friendly and sustainable architecture is becoming more popular, the interest in Korean traditional wooden buildings (Hanok) has also been increasing. The building technologies of the wooden construction have been actively developed in all over the world through the diversification of new materials and construction methods. On the other hand, the growth rate of wooden construction market is still slow in Korea. In an attempt to promote the Korean traditional wooden buildings, a comprehensive research project has been conducted. This R&D project is developing standard designs, new materials, and methods for modernized Hanok including houses, public buildings, long-span structures, and even high-rise buildings. To this end, the purpose of this study is to formulate a technological strategy for popularization of modernized Hanok. Influencing variables and issues are analyzed and defined first. At the same time, the five keywords have examined in the perspective of dissemination of modernized Hanok technology. Finally, a technology road map for strategic development of modernized Hanok is proposed through casual diagrams.

• Convergence Security Journal
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• v.11 no.4
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• pp.77-83
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• 2011

In addition to the rapid development of health information technology services for the development of new medical information, a lot of research is underway. Improve health care services for patients are many ways to help them. However, no information about the security, if only the technology advances in health care systems will create an element of risk and threat. Today's issues and access issues are stable over a public network. Ad hocsensor network using secure, non-integrated health information system's security vulnerabilities does not solve the security vulnerabilities. In the development and utilization of health information systems to be subject to greater restrictions. Different security policies in an environment with a medical information system security policy mechanism that can be resolved if people get here are needed. Context-aware and flexible policy of integration and confidential medical information through the resistance should be guaranteed. Other cross-domain access control policy for telecommunications should be protected. In this paper, that the caller's medical information system, diversification, diversification Security agent in the environment, architecture, design, plan, role-based security system are proposed. The proposed system architecture, design work in the field and in the utilization of one model are expected to be.

• Journal of Korean Society for Atmospheric Environment
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• v.29 no.1
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• pp.105-115
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• 2013

The Korean government amended the Environmental Technology and Industry Support Act to foster the environment industry and support the advancement of domestic environmental companies into overseas markets. The amended act reflects changes in the government's policies on environment related issues. This paper uses outcomes of research conducted on environmental policies in foreign countries and the current status of the domestic environment industry to present long-term strategic plans and measures to support the expansion of environmental companies into the global markets and to vitalize the environment industry at home. The suggestions for assisting domestic companies in making inroads into overseas markets are as follows: building up and expanding cooperative network; fostering promising companies and exports by making the right choices and focuses; diversification of export markets and strengthening supports for development of new customers; promoting supports for winning overseas projects; and developing cooperative projects to respond to climate change in developing countries using the Global Climate Fund (GCF).