• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.18 no.6
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• pp.133-145
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• 2023

This paper examines whether investors have adapted to the venture capital(VC) investment style. VC firms invest in privately held companies and generate returns by selling them after the lock-up period expires. We analyze the impact on stock prices before and after the lock-up period expiration, and compare the Cumulative Abnormal Return(CAR) between the past period(2015-2017) and the recent period(2020-2022) to investigate the effect of the second venture boom. The main findings are as follows. First, unlike in the past, stock price returns around the lock-up period expiration have been lower than the KOSDAQ index in recent years. Second, the impact on stock prices is significant for both 1-month and 12-month lock-up periods. Specifically, it is confirmed that stocks held by venture capital and professional investors with a 1-month lock-up period respond in advance to their information after the second venture boom. Finally, we find that there is a difference in CAR depending on whether or not the company received VC investment after the second venture boom. Based on our findings, we suggest that VC firms need to revise their exit strategies to improve performance. This includes finding ways to reduce information asymmetry and fees, as well as developing strategies to mitigate market volatility. Additionally, the current lock-up period for VCs should be reconsidered as it may increase the risk of stock price decline. We recommend that the government revise the scope and duration of lock-up periods to protect investors after IPO.

• Journal of IKEEE
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• v.5 no.1 s.8
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• pp.111-120
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• 2001

VC merging involves distinguishing cells from an identical merged VC label. Various approaches have been proposed to help this identification process. However, most of them incur additional buffering, protocol overhead and/or variable delay. They make the provision of QoS difficult to achieve. So it was proposed a merge capable scheduler to support VC-merging (VCMS). However, in situations where all VCs are to be merged or the incoming traffic load is very low, it could happen that there are not enough non-merging cells to snoop. In this situation the scheduler uses special control cells to fill the empty time slots out. Too many control cells can cause high cell loss ratio and an additional packet transfer delay. To overcome the drawbacks, we propose a Sequence Skipping(SS) method where the sequencers skip the empty queues and insert SS cells. We show SS method is suitable for VC-merging and can reduce the cell loss ratio and the mean packet transfer delay through simulations.

• Journal of the Korea Society for Simulation
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• v.30 no.1
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• pp.139-152
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• 2021

Simulations enable virtually experiencing rare events as well as analytically analyzing such events. Defense modeling and simulation research and develops the virtual and the constructive simulations to support these utilizations. These virtual and constructive(VC) simulations can interoperate to simultaneously virtual combat experience as well as evaluations on tactics and intelligence of combat entities. Moreover, recently, for artificial intelligence researches, it is necessary to retrieve human behavior data to proceed the imitation learning and the inverse reinforcement learning. The presented work illustrates a case study of VC interoperations in the aircombat scenario, and the work analyze the collected human behavior data from the VC interoperations. Through this case study, we discuss how to build the VC simulation in the aircombat area and how to utilize the collected human behavior data.

• Speech Sciences
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• v.10 no.2
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• pp.65-75
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• 2003

This paper describes the issues associated with the real-time implementation of G.723.1A dual-rate speech coder on a TMS320VC5402 DSP. Firstly, the main features of the G.723.1A speech coder and the procedure involved in the implementation using assembly and C languages are discussed. Various real-time implementation issues such as memory/MIPS tradeoffs are also presented. For fixed-point implementation, we converted the ITU-T fixed-point ANSI C code into TMS320VC5402 code in the bit-exact way through verification using the test vectors. Finally, as the result of implementation, we present the MIPS and memory requirement for the real-time operation.

• Korean Journal of Mathematics
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• v.32 no.1
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• pp.43-57
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• 2024

Given a domain X and a collection H of functions h : X → {0, 1}, the Vapnik-Chervonenkis (VC) dimension of H measures its complexity in an appropriate sense. In particular, the fundamental theorem of statistical learning says that a hypothesis class with finite VC-dimension is PAC learnable. Recent work by Fitzpatrick, Wyman, the fourth and seventh named authors studied the VC-dimension of a natural family of functions ℋ'²_t(E) : 𝔽²_q → {0, 1}, corresponding to indicator functions of circles centered at points in a subset E ⊆ 𝔽²_q. They showed that when |E| is large enough, the VC-dimension of ℋ'²_t(E) is the same as in the case that E = 𝔽²_q. We study a related hypothesis class, ℋ^d_t(E), corresponding to intersections of spheres in 𝔽^d_q, and ask how large E ⊆ 𝔽^d_q needs to be to ensure the maximum possible VC-dimension. We resolve this problem in all dimensions, proving that whenever |E| ≥ C_dq^d-1/(d-1) for d ≥ 3, the VC-dimension of ℋ^d_t(E) is as large as possible. We get a slightly stronger result if d = 3: this result holds as long as |E| ≥ C_3q^7/3. Furthermore, when d = 2 the result holds when |E| ≥ C_2q^7/4.

• Proceedings of the Korean Information Science Society Conference
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• 1999.10c
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• pp.393-395
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• 1999

본 논문에서는 RFC 2022에서 제안한 MARS 모델을 기반으로 하여 ATM 망에서 다중의 멀티캐스팅 서버(MCS)를 이용한 두 가지 멀티캐스팅 모델을 제안하였다. 또한 멀티캐스트 주소 해석 서버(MARS) 방안에 기반한 기존의 두 가지 모델과 1:1 VC 및 1:n VC 자원의 소비량을 정량적으로 비교하였다. 하나의 멀티캐스트 그룹을 보다 작은 부그룹들로 나누어 관리하는 "다중 MCS-그룹 분할 모델"이 "다중 MCS-그룹 비 분할 모델"보다 1:n VC 자원 소비량은 많은 단점이 있으나 송신 노드와 수신 그룹 멤버들 사이에 형성되는 멀티캐스트 트리의 종단간 평균 지연 시간을 감소시킬 수 있는 여지를 제공하는 장점이 있다. 있는 여지를 제공하는 장점이 있다.

• The KIPS Transactions:PartC
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• v.9C no.1
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• pp.65-72
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• 2002

In this paper, we implement a high-speed swatch tilth the function for label integration to enhance the expansion of networks using the label space of routers efficiently on MPLS over ATM networks. We propose an appropriate hardware structure to support the VC-merge function and differentiated services simultaneously. In this paper, we use the adaptive congestion control method such as EPD algorithm in carte that there is a possibility of network congestion in output buffers of each core LSR. In addition, we justify the validity of the proposed VC-merge method through simulation and comparison to conventional Non VC-merge methods. The proposed VC-merge capable switch is modeled in VHDL. synthesized, and fabricated using the SAMSUNG 0.5um SOG process.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.14 no.6
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• pp.1-9
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• 2019

Since 2005, Korea Venture Investment Corp. (KVIC) has been managing Korean Fund of Funds (KFoF) which helped greatly the domestic venture capitals create their private funds. Its contribution, however, is not limited fetching the pump. When KFoF decides to invest in VC funds, it demands very strict rules the VC funds need to follow before and after their investments in private equities. Whether this tight control of investments does hinder GPs' creativity or rather enhance GPs' transparency and professionalism is an open question subject to empirical tests. If KFoF is only fetching the pump, and neither fund size or time horizon improves VC funds' return rates, then KFoF's involvement in VC funds should not be positively related to VC funds' return rates. If, on the other hand, KFoF harms GPs' creativity, KFoF's involvement should be negatively related to VC funds' performances. Still, if KFoF promotes GPs' transparency and professionalism, its presence in VC funds should positively affect the returns earned by VC funds. Even when KFoF only got to get quality VC funds because those GPs good enough to stand up to the tight conditions set forth by KFoF, the empirical implication will yield the same results. In this article, empirical tests are carried out using the data provided by Korea Venture Capital Association. The VC funds formed and liquidated from 2000 to 2018 are selected for the tests. The results show that VC funds with the presence of KFoF exceed VC funds without KFoF in returns, which supports the hypothesis that KFoF enhances transparency and professionalism of VC funds.

• Journal of the Korea Society of Computer and Information
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• v.5 no.3
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• pp.119-125
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• 2000

A network of Asynchronous Transfer Mode (ATM) will be required to carry the traffics(CVR, VBR, UBR, ABR) generated by a wide range of services. The algorithm of WRR cell multiplexing is designed to serve no only CBR, VBR traffic but also ABR, UBR traffic in ATM. BSW algorithm was Proposed to carry on manage buffer efficiently at implementing of WRR scheduler. But, BSW a1gorithm cause serious degradation to the weight of each VC and the ratio of scheduler throughput because it allocates more weight than the weight allocated actually in VC and because it could not serve cell if the VC queue is empty. In this paper, we propose the WRR scheduling algorithm of BSW structure which improves the cell service ratio and cell delay. The proposed algorithm is capable of maintaining an allocated VC's weight correctly and decrease of average cell delay by serving other VC cell when empty in each VC queue and increase of cell service ratio as a whole.

• Physical Therapy Korea
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• v.3 no.1
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• pp.40-47
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• 1996

Body position is known to have an effect on vital capacity(VC). The purpose of this study was to examine effect on VC of posture, sex and smoking, and the difference between predicted and measured values of VC. VC was measured in the standing and the $30^{\circ}$ head-down position in 40 healthy subjects (20 men and 20 women) in a random order of testing. When subjects changed from standing to head-down position, this VC decreased by 19.9%. In both positions, VC changes in men were significantly larger than in women. No statistically significant difference was found in men who smoked. There was no difference between the predicted and measured values in men. But measured values were larger than predicted values in women. Because VC can decrease by 19.9% in the head-down position due to the effect of gravity, attention should be paid especially to patients who are placed in the head-down position for postural drainage since they already have a decreased VC.