• Informatization Policy
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• v.24 no.4
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• pp.44-67
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• 2017

Commercial properties are gaining importance in the national economy, drawing more and more interests from agencies and individuals. Therefore, objective and accurate investment information needs to be supplied in order to support rational decision making and market transparency. To contribute to guiding the Korean commercial property market to become as transparent and competitive as the markets of developed countries, this study aims to seek for ways to establish a Korean commercial property information framework. As part of the activities to achieve the goal, the Korean commercial property market information was first evaluated in terms of data collection, production and operation. Then, US NCREIF, which is operated by the private sector, and Singapore's URA, managed by the public sector, were considered as the examples of well-managed foreign commercial property market information frameworks. Efficient management of the system requires establishing a monitoring scheme, and users' accessibility and information availability will be enhanced through phased expansion of the information.

• Nuclear Engineering and Technology
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• v.27 no.3
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• pp.403-417
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• 1995

The upturn of Korean nuclear power program can be considered to have started in early 70's while future plants for the construction of new nuclear power plane virtually came to a halt in United States. It is projected that power plant systems from combination of nuclear and coal fired types might shift to all coal fired type, considering the current trend of construction on the new Plants in the United States. However, with the depletion of natural resources, it is desirable to understand the utilization of two competitive utility technologies in terms of invested energy. Presented in this paper is a comparison between two systems, nuclear power plant and coal fired steam power plant in terms of energy investment. The method of comparison is Net Energy Analysis (NEA). In doing so, Input-Output Analysis (IOA) among industries and commodities is done. Using these information, net energy ratios are calculated and compared. NEA is conducted for power plants in U. S. because the availability of necessary data are limited in Korea. Although NEA does not offer conclusive solution, this method can work as a screening process in decision making. When considering energy systems, results from such analysis can be used as a general guideline.

• Journal of the Korea Safety Management & Science
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• v.11 no.1
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• pp.103-113
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• 2009

Motorola which had developed and commercialized wireless telephone and mobile phone for the first time in the world made a decision on the separation of the mobile unit from the Motorola due to the continuous bad performance turn. In addition, the Korean company named Raincom which had developed and commercialized MP3 player have been disappeared since Raincom failed to compete with iPod of Apples. What is the main cause the companies that have been top of the world level weed out of IT product market? For less product life cycle and globalization of market, the company's competitiveness tends to be determined based on company's creative capability, rather than process implementation capability. Thus, companies spent a great amount of time and effort in the introduction of creativity management and R&D activities. However, as company's continuous investment on R&D and innovation activities did not lead to business performance, they starts to pay much attention on the effective R&D and innovation activities. Therefore, this paper tries to solve the limitation of the effectiveness of R&D activities by introducing the concept of 'creative quality'. The creative quality is executed by the creative process, which is designed for getting over the limitation of the traditional brainstorming method. This paper presents the concept so called 'creative quality management' and expects it to be an alternative to conquest the limitation of six sigma management.

• Journal of the Korean Data and Information Science Society
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• v.23 no.1
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• pp.151-159
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• 2012

This paper proposes to develop multi-currencies portfolio strategy using principal component analysis (PCA) and logistic regression (LR) in foreign exchange market. While there is a great deal of literature about the analysis of exchange market, there is relatively little work on developing trading strategies in foreign exchange markets. There are two objectives in this paper. The first objective is to suggest portfolio allocation method by applying PCA. The other objective is to determine market timing which is the strategy of making buy or sell decision using LR. The results of this study show that proposed model is useful trading strategy in foreign exchange market and can be desirable solution which gives lots of investors an important investment information.

• Journal of the Korean Institute of Landscape Architecture
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• v.29 no.2
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• pp.22-31
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• 2001

The purpose of this paper is to investigate in resources of natural recreation forest(RNRF) developed both publicly and privately in order to answer the research question: what are the differences in RNRF development between public and private developers. After reviewing the literature, the developer´s decision-making and motivation of investment, and the planning process of natural recreation forest, We constructed the conceptual framework and have formulated the hypothesis of this research. We had obtained data through a questionnaire, which surveyed of 625 visitors at 9 of the 72 natural recreation forests in Korea in 1999, We have analyzed the data using the mean difference test and logistic regression method. We found that 1) the overall quality of resource elements in RNRF has been development excellent except for the sociocultural element of recreational resources, and public recreation forest have been of higher quality than that fo private development, 20 in bivariate analysis, all the variables on quality of RNRF by public developers have turned out to be better than those of private ones, 3) in multivariate analysis, such variable as valley and water, forest and wildness area, wild life, and landscape have been statistically significant at one percent level, 4) the higher the value of valley and water, the higher the probability of public development, while the higher the value of other variables excluding water and valley, the more likelihood the recreational forest is developed by a private developer, and 5) forest and wildness area has been turned out to be the most important independent variable in contributing to the value of dependent variable. The research results suggest that 1) the differences in the quality of resource elements in RNRF developed by public and private body be considered in the planning and design process in order to develop diverse activities to make use of the resource potential, and 2) considering the resource characteristics of private natural recreation forest and the motivation of private developers, private natural recreation forest will possibly be more dynamic and dynamic attractive areas. It is recommended that the difference in the degree of visitor´s satisfaction between public and private development be examined.

• Journal of Korean Port Research
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• v.13 no.2
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• pp.313-322
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• 1999

Pusan the principal port of South Korea, has opened its door since 1876. Currently, the four-stage port construction project is under way to handle ever-growing marine transportation volume. While the port unloading capabilities are increasing the infrastructure to deal with all the transportation volume failed to catch up with them. Accordingly the city had to suffer from worst traffic congestion on due to the increasing container traffic volume causing logistical costs to rise. This study was designed to inspect the enforcement of infrastructure construction plan and suggest systematical and effective ways to improve the plan. The study focused on :\circled1The decision-making procedure, \circled2Financial resource for the plan, \circled3Effectiveness of the project enforcement, and \circled4Who will be in charge of the project. As a result from the study, these followings were suggested to improve the plan. First, Pusan Port Infrastructure consisting of (Inter-city Free way, Belt Highway and Outer Highway) should be immediately legally-regulation project. Second, the method to finance the project should be deter-mined and investment consultation among the central government the city government and private sector should be also made. Measures to make the central government budget allocation for the project mandatory should be discussed. Third, Effectiveness of the project can be doubled by gradually or partialyl opening the routes based on long-term or short-term operating plans. Fourth, The organizer of the project should be appointed, or a special task-force team in charge of the plan can be formed.

• Journal of Digital Convergence
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• v.8 no.2
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• pp.203-216
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• 2010

This study corresponds to an exploratory survey that identifies and organizes important decision factors for establishing R&D strategic portfolio in the application of digitalized Korean human-dataset. In the case of countries that have performed the above, the digitalized human-dataset and its visualization application development research are regarded as strategic R&D projects selected and supervised in national level. To achieve the goal of this study, we organize a professional group that reviews articles, suggests research topics, considers alternatives and answers questionnaires. With this study, we draw and refine the detailed factors; these are reflected during a strategic planning phase that includes R&D vision setting, SWOT analysis and strategy development, research area and project selection. In addition to this contribution for supporting the strategic planning, the study also shows the detailed research area's definition/scope and their priorities in terms of importance and urgency. This addition will act as a guideline for investigating further research and as a framework for assessing the current status of research investment.

• Journal of Digital Convergence
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• v.12 no.3
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• pp.149-160
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• 2014

This paper analyses whether change in corporate dividend policy affects the new issue announcement effects. By conducting an event study using 683 new equity announcements data from year 2000 to year 2009, we find firms paying more dividends experience relatively negative announcement effects of seasoned equity offerings comparing with firms paying less dividend. The cross sectional regression analysis results confirm our findings. These results indicate that corporate dividend policy change may interact with forthcoming new equity announcement decision, which may result in a negative signal to the capital markets.

• Korean Journal of Agricultural Science
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• v.29 no.1
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• pp.55-65
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• 2002

The most representative fruit in Yanbian area is Applepear(Ping Guo Li). It has been a important resource of farm income. According to the economic growth and income Increase of individual consumers, food consumption pattern will be changed from grain to high value cash crops such as Applepear and vegetables. The globalization and adapt ion of free market oriented economic policy of China government have led to change the collective farming system to individual farm management system. The institutional transformation have brought about high productivity of farm products and incomes of farmers. Therefore the plantation area of Applepear and requirement of investment cost for establishment of Applepear farms have increased rapidly since the 1980's, the time of perestroika and glasnost in Chinese economy. In prosperity of Chinese agriculture, individual farmer's decision making as free selection of farmland use, selection of high pay-off crops, free sale of the products in free market and credit support for the project might be the most important factors. In case of Applepear farm development, net present value of the project net benefit was estimated at 55.518won per hectare and financial rate of return was 21%. The benefit/cost ratio of the project was 2.11. Considering 10% of discounting rate or the opportunity cost of capital in China the Applepear farm development project showed us economically feasible in the light of the above efficiency indices. The Chinese government has to support Applepear farm development project financially and institutionally considering the high-payoff benefit of the fruit and farmer's in come increase in the future.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.20 no.43
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• pp.175-195
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• 1997

The learning curve has an important effect the growth of corporation. But, in Korea, the study and inference on the learning rate of each industry are unprepared, and so, Korean industires have difficult in productivity and cost. At this point, this study infers the learning rate of the oil industries and investigates the productivity and growth of them. In conclusion, this study presents the direction of the oil industries' development. With the intention of this objects, this study seizes the status which is concerned the total quantity, the operating rate, the plant capacity, the indicators concerning productivity, the investment of R & D and the scales, and then, infers and verifies the relevancy in connection with the learning rate. In the oil industry, the average rate of learning is 65.96% from 1982 to 1994 which the total quantity and the average operation time are used to infer the rate. To observe the low rate within a same period of time, this study takes the consequences that the learning rate is almost indentical with them each year. This steady state is caused by a difference between the employee and the decision maker about the acquirement and assimiliated of technology. When the high-quality technologies posses the environment to applicate in the scene of labor with them, this technology applies to the productivities. As the learning rate increases, the productivity has more effectiveness. The result of analysis about the effectiveness of the learning rate follows that the R & D unfoldes to exist and does not contribute to the growth of the oil industry. To analyze the variables of the growth, such as the learning rate, the investement of R & D, the operating rate and the gross value added to property, plant and equipment, the model is established and examined. The business strategy in the oil industry must be developed to achive the internal growth as well as the external.