• 제목/요약/키워드: data value

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Data-driven Value-enhancing Strategies: How to Increase Firm Value Using Data Science

  • Hyoung-Goo Kang;Ga-Young Jang;Moonkyung Choi
    • Asia pacific journal of information systems
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    • 제32권3호
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    • pp.477-495
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    • 2022
  • This paper proposes how to design and implement data-driven strategies by investigating how a firm can increase its value using data science. Drawing on prior studies on architectural innovation, a behavioral theory of the firm, and the knowledge-based view of the firm as well as the analysis of field observations, the paper shows how data science is abused in dealing with meso-level data while it is underused in using macro-level and alternative data to accomplish machine-human teaming and risk management. The implications help us understand why some firms are better at drawing value from intangibles such as data, data-science capabilities, and routines and how to evaluate such capabilities.

The Comparison of Singular Value Decomposition and Spectral Decomposition

  • Shin, Yang-Gyu
    • Journal of the Korean Data and Information Science Society
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    • 제18권4호
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    • pp.1135-1143
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    • 2007
  • The singular value decomposition and the spectral decomposition are the useful methods in the area of matrix computation for multivariate techniques such as principal component analysis and multidimensional scaling. These techniques aim to find a simpler geometric structure for the data points. The singular value decomposition and the spectral decomposition are the methods being used in these techniques for this purpose. In this paper, the singular value decomposition and the spectral decomposition are compared.

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A Study on The Relationship Among Service Quality, Service Value and Customer Satisfaction of Food Service Industries

  • Lee, Mi-Ock
    • Journal of the Korean Data and Information Science Society
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    • 제17권3호
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    • pp.763-774
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    • 2006
  • The purpose of this study is to identify relationship among service quality, service value and customer satisfaction of food service industries. The respondents included 120 customers of K-restaurant in the survey. Data were analyzed by confirmatory factor analysis and cause-effect analysis among the constructs. After research model testing, the following results was obtained : Service Value was influenced directly and positively by the service quality. And customer satisfaction was influenced directly and positively by the service value. But customer satisfaction was not influenced directly and positively by the service quality.

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Exploring the Relationship between Foreign Ownership, Innovation and Firm Value: A Korean Perspective

  • Ryu, Sang-Lyul;Sawng, Yeong-wha;Park, Seunglak;Won, Jayoun
    • Journal of Korea Trade
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    • 제25권7호
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    • pp.19-40
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    • 2021
  • Purpose - This paper's purpose is to investigate how foreign ownership and innovation affect firm value. Design/methodology - Firm innovation is defined as operational efficiency, which is calculated by adopting data envelopment analysis (DEA). Additionally, R&D intensity is included as a measure of innovation in the analysis. We used firm-level data from manufacturing companies in Korea. The sample comprised 3,753 firm-year observations for every year in the period 2003-2017. Findings - We found that foreign ownership and innovation are positively related to firm value (Tobin's Q). Foreign ownership moderates innovation's contribution to firm value, implying that foreign ownership may enhance the value relevance of firm innovation. In addition, we found that firm innovation partially mediates the relationship between foreign ownership and firm value. Originality/value - This highlights the important role of foreign investors' monitoring; wherein foreign investors enhance firm value by facilitating firm innovation. Our results suggest that foreign ownership can be crucial for innovation and may serve to address weak ownership structures.

Does Big Data Matter to Value Creation? : 오라클(Oracle) 솔루션을 중심으로 (Does Big Data Matter to Value Creation? : Based on Oracle Solution Case)

  • 김용희;유응준;강미선;최정일
    • 한국IT서비스학회지
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    • 제11권3호
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    • pp.39-48
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    • 2012
  • It is essential that firm makes a rational and scientific decision making and creates a news value for the future direction. To do so, many firms attempt to collect meaningful data and find the filtered and refined implication for the better customer relationship and the active market drive through the various analytic tools. Among the possible IT solutions, utilization of 'Big Data' is becoming more attractive and necessary in such a way that it would help firms obtain the systemized and demanding information and facilitate their decision making process to keep up with the market needs. In this paper, it introduces the concepts and development of 'Big Data' recognized as a IT resource and solution under the rapidly changing firm environment. This study also presents the several firm cases using Big Data' and the Oracle's total data management and analytic solutions in order to support the application of 'Big Data'. Finally this paper provides a holistic viewpoint and realistic approach on use of 'Big Data' to create a new value.

조건부가치평가법을 이용한 가명화된 이미지 가치측정 방법 및 사례 (Methods and Examples of Pseudonymized Image Value Measurement using Contingent Valuation Method)

  • 최유정;김태성
    • 경영정보학연구
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    • 제26권1호
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    • pp.57-71
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    • 2024
  • 개인정보 데이터의 가치평가 방법은 여러 가지가 있지만, 데이터 가치평가의 표준은 존재하지 않는다. 의료 마이데이터 활용 플랫폼 서비스의 사례를 살펴보면 플랫폼 기업이 이용자로부터 동의를 받아 데이터 활용 목적으로 데이터를 제공받는 경우 이에 대한 보상으로 이용자 1인 평균 약 4,000 credit이 리워드로 지급된 바 있다. 앞선 사례와 같이 개인정보 가치평가는 개인정보의 세부 항목별이 아닌주로 인당 얼마의 가치를 지니는 지로 측정된다. 그러나 개인정보의 수와 형태가 다양해짐에 따라 개인정보의 가치는 형태별로 측정해야 한다. 본 연구는 비정형 개인정보, 특히 이미지의 가치측정을 중점으로 하고, 비정형 개인정보의 표준을 제안한다. 이미지의 가치측정을 통해 플랫폼 회사들이 데이터 제공 시 1인당 보상되는 credit 기준을 설정할 수 있도록 돕고, B2B 데이터 판매 시 객관적이고 합리적인 가격 책정을 지원할 수 있을 것이다.

Concept Drift Based on CNN Probability Vector in Data Stream Environment

  • Kim, Tae Yeun;Bae, Sang Hyun
    • 통합자연과학논문집
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    • 제13권4호
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    • pp.147-151
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    • 2020
  • In this paper, we propose a method to detect concept drift by applying Convolutional Neural Network (CNN) in a data stream environment. Since the conventional method compares only the final output value of the CNN and detects it as a concept drift if there is a difference, there is a problem in that the actual input value of the data stream reacts sensitively even if there is no significant difference and is incorrectly detected as a concept drift. Therefore, in this paper, in order to reduce such errors, not only the output value of CNN but also the probability vector are used. First, the data entered into the data stream is patterned to learn from the neural network model, and the difference between the output value and probability vector of the current data and the historical data of these learned neural network models is compared to detect the concept drift. The proposed method confirmed that only CNN output values could be used to reduce detection errors compared to how concept drift were detected.

The Effects of Attitude, Subjective Norm, and Behavioral Intention on Perceived Values in Traditional Marketplaces

  • YANG, Jae-Jang;AHN, Sun-Choung
    • 유통과학연구
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    • 제18권10호
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    • pp.25-38
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    • 2020
  • Purpose: Traditional markets have served as important locations for social-cultural and economic activities. It is a hub of economic transactions and where people gather and exchange information and goods, while also serving as the center of social activities, including commercial exchanges. Accordingly, this study aimed to contribute to the studies on the perceived value in traditional markets for customers in different aspects. Research design, data, and methodology: To analyze the proposed model, data was collected from 456 respondents and analyzed with SPSS 21.0 and AMOS 21.0. The data was analyzed with structural equation modeling (SEM) using path analysis. Results: According to the results of the analysis, the perceived value comprises utilitarian value, emotional value, economic value, and social value, all of which had a positive impact on attitude. Emotional value and social value had a positive impact on subjective norms, while utilitarian value and economic value did not have an impact on subjective norms. Also, attitudes and subjective norms were found to have a positive impact on behavioral intention. Conclusions: Through this study, the value that the traditional markets need to provide to consumers have been identified. Traditional markets should develop into places that can provide value for their consumers.

프랜차이즈 커피전문점 고객들의 지각된 가치가 재방문의도와 구전에 미치는 영향: 성별의 조절효과 (The Effect of Customers' Perceived Value on Revisit Intentions and Word of Mouth in Coffee Chains: The Moderating Effect of Gender)

  • 최명수;구동우;이새미
    • 한국프랜차이즈경영연구
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    • 제8권1호
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    • pp.43-53
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    • 2017
  • Purpose - The coffee market in Korea has been dramatically developed and coffee chains dominate the Korean coffee market recently. Customer's perceived value is one of the marketing tools to get competitive advantages of coffee chains, and plays a critical role to study on coffee franchise industry. Thus, this study is to identify the effect of customer's perceived value (price, brand, service, and quality) on revisit intentions and word-of-mouth(WOM). Research design, data. and methodology - Customer's perceived values consists of four dimensions. 253 samples of 320 were used for data analyses excluding unusable responses. The data were analyzed with SPSS 21.0 and SmartPLS 3.0. Result - First, customer's perceived brand value and service value have a significant, positive effect on revisit intentions. Second, Price value and brand value have a positive influence on WOM. Third, gender difference plays a moderating role in the relationship between brand value and price value and WOM, and between brand value and revisit intentions. Conclusions - Males tend to focus more on their perceived brand value of coffee shops for revisit and recommendation, otherwise females consider price value to give an advice to others. Based on the results of this study, the marketers of coffee chains can develop effective strategies regarding gender difference as well.

디지털금융 기반 마이데이터 앱 초기 사용자들의 이용의도에 관한 연구 (A Study on the Intention of Early Users of Digital Finance baesd Mydata Service Application)

  • 이태원;성행남
    • 한국정보시스템학회지:정보시스템연구
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    • 제32권1호
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    • pp.1-21
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    • 2023
  • Purpose The purpose of this study is to investigate the intention of early application users in consideration of the characteristics of digital finance-based MyData service users. It is expected that user characteristics will affect the intention to use MyData service, which has not yet been advanced, and accordingly, it will examine how the characteristics of the initial users of MyData service and the intention to use it are connected. Design/methodology/approach The model used in this study is a value-based adoption model (VAM), and a lot of research has been conducted on information technology and online user acceptance and continuous use intention of online users. VAM has been proven useful through empirical analysis in many studies. The value-based acceptance model is a method of analyzing the intention to use Benefits and Sacrifices as the main elements of perceived value. It can be said to be a model that can analyze the benefits of use and the sacrifices to be made. Findings According to the analysis results of this study, it was found that usefulness, enjoyment, and reliability, which are the benefits of MyData service apps, had a positive effect on perceived value, which is partially consistent with existing research results. However, it was found that complexity, which is the sacrifice of MyData service apps, negatively affects perceived value and security has no negative impact. The results of security are considered to be complementary to financial institutions because MyData service deals with financial data based on personal information, and the research hypothesis is rejected because users' demands are relatively low. Therefore, MyData service apps should do more to increase benefits (usefulness, enjoyment, and reliability) than to reduce sacrifice (complexity) to users.