• Title/Summary/Keyword: legal terms

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A Study on the Estimation of Running Royalty of Biopharmaceutical Technologies in Licensing Agreements (생명제약 기술 라이선스 경상로열티 추정에 관한 연구)

  • Sung, Oong-Hyun
    • Knowledge Management Research
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    • v.11 no.1
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    • pp.37-50
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    • 2010
  • Bioharmaceutical technologies have consistently been areas in which large licensing agreements have been negotiated. However, there are very limited informations in the open literature on how its running royalty rates are determined and no specific methods are yet provided. The purpose of this study is to suggest an appropriate method for the estimation of running royalty of bioharmaceutical technology in licensing agreements. Here distribution of risk-adjusted operating margins are obtained by simulation using statistics of success rates in the stage of clinical trials and profit margins. Three factors based on technology, business and license legal terms are considered and combined as licensing competitiveness level. Finally, reasonable running royalty is estimated by combining simulated distribution and licensing competitiveness level. This suggested method is expected to practically useful for licensor to establish an appropriate running royalty rate for licensing.

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Environment of Doing Business in East Asia : South Korean Experience

  • Malek, Jihene
    • The Journal of Industrial Distribution & Business
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    • v.7 no.1
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    • pp.19-25
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    • 2016
  • Purpose - The purpose of this paper is to aim to stress the importance of doing business environment in South Korean economy. The theoretical justification is based on neo-institutional theories and new business management including Porter's Model as main justifications of state intervention due to the market failures to promote a competitive environment of doing business. Research design, data and methodology - The methods to be taken is to provide a comparative performance analysis, and offer in terms of doing business and economic freedom sub-index complemented by Korean reforms diagnostics. Results - The main results underlined the key factors explain the success of business environment in South Korea such as: a simplified registration procedures, a target tax incentives, the removal of business barriers, the improvement of legislative and regulatory framework, target reforms, property right and technical norms, good governance and the quality of institution, a role of a well-functioning legal framework, a strong competition framework, and the transparency of regulation, etc. Conclusion - A competitive environment of doing business is based on the target national strategies, appropriate reforms responding to national needs and good governance system.

A Study on the Optimal Development Direction of the Land Management Information Systems (토지종합정보망시스템의 고도화 구축 방안에 관한 연구)

  • O, Jong-U
    • 한국디지털정책학회:학술대회논문집
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    • 2004.05a
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    • pp.289-311
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    • 2004
  • The purpose of this study is to analyze the optimal development direction of the land management information systems in Korea. In order to produce a new LMIS model the existing model of Tulloch(1996) was evaluated. Analysis of the land management information systems(LMIS) is focused on the period of 1998 and 2001. The main results of the study are as follows: First, the government should involve GIS(Geographic Information Systems) into the e-government. Second, the KLIS(Korea Land Information Systems) is required technological and legal infrastructure for the service using optimized land management information systems as combining LMIS and PBLIS(Parcel based Land Information Systems). Third, the spatial data of the LMIS can be promoted by ensuring reliable IT environments. Forth, optimized LMIS should be revised to reflect the new technological environment and collaborative relationship between LIS and GIS boundaries and between LMIS, urban infrastructure, and related information sectors. Fifth, In terms of services LMIS is required focusing end users rather than supplier focused strategy.

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Is Shipping a Poor Country's Business\ulcorner (후진국의 해운산업 적성에 관한 연구)

  • 민성규
    • Journal of the Korean Institute of Navigation
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    • v.3 no.2
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    • pp.31-45
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    • 1979
  • The writer has attempted in the present article first to investiqate whether shipping industry is poor countries' business more favourable to them, compared to wealthy nations in terms of comparative cost of operation and to analyse how can developing conntries afford to maintain a modern fleet; secondly to examine the economic aspect of the situation created by the UNCTAD V held in May this year, at which passed a resolution demanding "the right of all countries to an equitable participation in the carriage of cargoes generated by their own trade"; and thirdly to adduce conclusions. The article contains six chapters; chapter I is the introduction on the subject under examination; chapter II provides background information on the structure of the industry and of the operating cost of ship; chapter III addresses itself to the legal backgrounds of ensuring free transfer of resources among nations and free competition of shipping; chapter IV deals with the recent development of shipping nationalism of developing countries at the UNCTAD; chapter V discusses division of labour in shipping and in particular the survival mechanism of high-cost countries; and chapter Ⅵ sets forth conclusion.onclusion.

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Smart Contract and Dispute Resolution by Arbitration (스마트 계약과 중재에 의한 분쟁해결)

  • Han, Jong-Kyu
    • Journal of Arbitration Studies
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    • v.30 no.1
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    • pp.87-111
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    • 2020
  • Smart contracts are implemented by blockchain technology, which stores the terms of the contracts of both parties on the blockchain. In the event of an international dispute over smart contracts and blockchains, no special solution has been proposed, such as the enactment of the International Unification Act. The blockchain platform which operates smart contracts is decentralized and operates through distributed nodes around the world without central servers, making it difficult to establish jurisdiction and governing laws. As an alternative to traditional dispute-solving methods, a new mediation model-smart arbitration-is being attempted. The arbitration process is likely to be a preferred means of resolving disputes over smart contracts in practice. There are many problems, such as the fairness of the arbitration center on the selection and judgment of arbitrators, the question of securing reliability, the question of the validity of the arbitration agreement, and how much the court can be involved in the case. Preparations at the national level, such as fostering blockchains and smart contract experts, and overhauling the legal system, are needed.

A Study on the Enforced Security of Personal Information Outsourcing (개인정보 위탁업무 보안성 강화방안 연구)

  • Son, Tae Hyun;Park, Jung Sun
    • Journal of the Korea Safety Management & Science
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    • v.16 no.3
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    • pp.433-441
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    • 2014
  • Increasing the outsourcing of personal information treatment, the safe management and director for fiduciary is very important. In this paper, under the personal information protection management systems the current situation of fiduciary management and direction was reviewed and the certification system was analysed in terms of availability of the controled items. Under the basis of legal compliance at the time of the Privacy Act, the characteristics of outsourcing type was also analyzed and derived new controled items. As a result of the proposed research, new controled items for fiduciary could be used as a standard for the managing Director.

A Survey on the Workload Evaluation Methods and Their Applications to WMSD Work in Industries (작업평가방법론 및 현장 적용 고찰)

  • Park, Jae-Hee
    • Journal of the Ergonomics Society of Korea
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    • v.29 no.4
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    • pp.435-444
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    • 2010
  • To identify and evaluate the risk factors in WMSD work, a number of ergonomic workload evaluation methods have been developed. In the legal examination of WMSD risk factors, simple observational workload evaluation methods are widely used instead of using costly measurement equipments such as EMG and motion analyzer. The simple workload evaluation methods can be categorized into three groups; risk factor checklist methods, posture observation methods, and manual material handling task evaluation methods. In terms of the categories, this survey summarized several representative workload evaluation methods and compared them each other. Then some industrial application cases referring each the workload evaluation methods were surveyed. Due to the characteristics of each method, the selection and application procedure of workload evaluation method should be appropriate for the corresponding work. Therefore, some guidelines for the selection and application procedure of workload evaluation method were suggested.

Safety Countermeasure in Industrial Accident Weakness Company (산재취약 기업의 안전대책)

  • 홍상우;이근희
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.17 no.29
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    • pp.47-61
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    • 1994
  • Today, we can see the more serious industrial accidents than in the past according to the high growth rate of industrial society. Therefore, from the corporate as well as the human viewpoint it pays to have workers adequately trained and safety - oriented. The cost of accidents is high in terms of medical insurance costs lost time on the job, legal fees for court cases, workers' compensation, disability insurance, and unemployment compensation. The cost of preventing occupational accidents or illnesses is much less then the cost of treatment or workers' compensation. In this study, we investigate the situations of industrial accidents and safety control of 277 coporates in Busan, analyze the causes of accidents and propose the countermeasures to each of causes.

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Challenges in Public Health Programs for People Living in Rural and Remote Areas (농촌지역 공공보건기관의 보건사업 기능개편 방안)

  • June, Kyung-Ja;Na, Baek-Ju
    • Journal of Korean Academy of Rural Health Nursing
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    • v.2 no.2
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    • pp.145-152
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    • 2007
  • Purpose: The purpose of this study was to suggest new directions for public health programs in rural and remote areas. Method: For this purpose, a literature review was done including articles, research reports, and master theses and doctoral dissertations. Results: Public health programs in rural remote areas were found to be very insufficient in terms of professional personnel and program diversity. Especially, there is a lack of adequate manpower and infra-structure in the public health sub-centers at the township and sub county level. Although community health practitioners at the village level are providing public health service beyond medical care, their coverage rate is very low. Conclusion: The results suggest a need to strengthen the function of public health sub-centers to provide comprehensive public health service based on the life-cycle approach. For this new change, legal and political support must be developed.

A Study on the Qualitative Improvement of Private Security Industrial (민간경호업의 질적 발전 방안에 관한 연구)

  • Song, Sang-Wook
    • Journal of the Society of Disaster Information
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    • v.2 no.1
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    • pp.113-127
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    • 2006
  • The suggestions that follow are about the Qualitative Improvement of private security Industrial. First, in legal and institutional policy, new establishment by law for private security and more support from government is asked. Moreover, the restructuring or M&A between petty companies and the pricing for security service should be performed. Second, in the structural aspect of private security industry, the professional education center for private security guards should be established and the terms of payment and welfare should be improved to the level above standard. In addition, it should be achieved to change the public to have a new and correct understanding of private security and develope the specialized parts suited to the characteristic and ability of each companies. Third, the construction of operating system for private security service should be achieved; recruit system for competent security guards, marketing strategy and enforcement system, widely known confidence to client, normal training system for security guards and post management system for client. This is also to be suited to the characteristic of each companies.

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