• Title/Summary/Keyword: size effect model

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Firm Size, Networks, and Innovation: Evidence from the Korean Manufacturing Firms (기업규모, 네트워크, 그리고 기술혁신: 우리나라 제조업에 대한 실증 분석)

  • 성태경
    • Journal of Technology Innovation
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    • v.13 no.3
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    • pp.77-100
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    • 2005
  • This paper analyzes the determinants of firm's innovative activity, using Korean Innovation Survey (KIS) dataset. Especially, we focused on the role of external networks by partners(other firms or research institutions) in performing innovative activities. The product innovation, product improvement, and process innovation are used as proxies for innovative activity. The explanatory variables such as market concentration ratio, lagged profitability, foreign ownership, export ratio, firm's age, formal R&D activity, and industrial R&D intensity are also considered. With data from 1,124 firms for the two years (2000-2001), we estimated the logistic regression model. The finding is that the determinants of firm's innovative activities differ by type of innovations. We also found that the innovative behavior of SMEs differs from that of large firms. The result confirms that external networks have a strong positive effect on innovative activity. However, the network effects by partners vary across both firm size and type of innovations.

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Size-dependent vibration analysis of laminated composite plates

  • Shahsavari, Davood;Karami, Behrouz;Janghorban, Maziar
    • Advances in nano research
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    • v.7 no.5
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    • pp.337-349
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    • 2019
  • The size-dependent vibration analysis of a cross-/angle-ply laminated composite plate when embedded on the Pasternak elastic foundation and exposed to an in-plane magnetic field are investigated by adopting an analytical eigenvalue approach. The formulation, which is based on refined-hyperbolic-shear-deformation-plate theory in conjunction with the Eringen Nonlocal Differential Model (ENDM), is tested against considering problems for which numerical/analytical solutions available in the literature. The findings of this study demonstrated the role of magnetic field, size effect, elastic foundation coefficients, geometry, moduli ratio, lay-up numbers and fiber orientations on the nonlocal frequency of cross-/angle-ply laminated composite plates.

Factors Affecting Liquidity Risks of Joint Stock Commercial Banks in Vietnam

  • NGUYEN, Hoang Chung
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.4
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    • pp.197-212
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    • 2022
  • The study uses the audited financial statements of 26 Vietnamese commercial banks listed on the Ho Chi Minh City Stock Exchange (HOSE) and Hanoi Stock Exchange (HOSE) during the 2008-2018 period to estimate the system GMM model, which provides empirical evidence on the effect of the variables of customer deposit to total assets (DEPO) ratio, loan to assets (LTA) ratio, liquidity of commercial banks (LIQ), credit development (CRD) ratio, external funding (EFD) ratio, and credit loss provision (LLP) ratio on liquidity risk. The study confirms that commercial banks' internal factors play the most important role, and there is no empirical evidence on macro variables that affect liquidity risk. Finally, in accordance with the theoretical framework, the study uses an estimation method with the R language and the bootstrap methodology to give empirical proof of the nonlinear correlation and U-shaped graph between commercial bank size and liquidity risk. The importance of commercial bank size in absorbing and moderating the effects of liquidity shocks is demonstrated, however, excessive growth in commercial bank size would increase liquidity risk in commercial bank operations.

Sensitivity Analysis of Heat Source Parameter for Predicting Residual Stress Induced by Electron Beam Welding (스테인리스강에 대한 전자빔 용접 잔류응력 예측을 위한 열원 변수 민감도 해석)

  • Shin Je Park;Hune Tae Kim;Yun Jae Kim
    • Transactions of the Korean Society of Pressure Vessels and Piping
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    • v.18 no.2
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    • pp.61-68
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    • 2022
  • Accurate evaluation of residual stress is important for stress corrosion cracking assessment. In this paper, electron beam welding experiment is simulated via finite element analysis and the sensitivity of the parameters related to the combined heat source model is investigated. Predicted residual stresses arecompared with measured residual stresses. It is found that the welding efficiency affects the size of the tensile residual stress area and the magnitude of maximum longitudinal residual stress. It is also found that the parameter related to the ratio of energy distributed to the two-dimensional heat source has little effect on the size of tthe tensile residual stress area, but affects the size of the longitudinal residual stress in the center of the weld.

Analyzing Effective Thermal Conductivity of Rocks Using Structural Models (구조모델을 이용한 암석의 유효열전도도 분석)

  • Cha, Jang-Hwan;Koo, Min-Ho;Keehm, Young-Seuk;Lee, Young-Min
    • Economic and Environmental Geology
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    • v.44 no.2
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    • pp.171-180
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    • 2011
  • For 21 rock samples consisting of granite, sandstone and the effective thermal conductivity (TC) was measured with the LFA-447 Nanoflash, and mineralogical compositions were also determined from XRD analysis. The structural models were used to examine the effects of quartz content and the size of minerals on TC of rocks. The experimental results showed that TC of rocks was strongly related to quartz content with $R^2$ value of 0.75. Therefore, the proposed regression model can be a useful tool for an approximate estimation of TC only from quartz content. Some samples with similar values of quartz content, however, illustrated great differences in TC, presumably caused by differences in the size of minerals. An analysis from structural models showed that TC of rocks with fine-grained minerals was likely to fall in the region between Series and EMT model, and it moved up to ME and Parallel model as the size of minerals increased. This progressive change of structural models implies that change of TC depending on the size of minerals is possibly related to the scale of experiments; TC was measured from a disk sample with a thickness of 3 mm. Therefore, in case of measurements with a thin sample, TC can be overestimated as compared to the real value in the field scale. The experimental data illustrated that the scale effect was more pronounced for rocks with bigger size of minerals. Thus, it is worthwhile to remember that using a measured TC as a representative value for the real field can be misleading when applied to many geothermal problems.

Effect of Soil Structure on Soil-Water Characteristic in Unsaturated Soil (불포화토에서 흙의 구조가 흙-함수특성에 미치는 영향)

  • Hwang, Woong-Ki;Kang, Ki-Min;Kim, Tae-Hyung;Song, Young-Suk
    • Journal of the Korean Geotechnical Society
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    • v.28 no.2
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    • pp.33-42
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    • 2012
  • The purpose of this study is to determine the effect of soil grain size and its distribution on soil-water characteristic. To do this, soil-water characteristic tests were conducted on Saemangeum silt using the axis translation technique. For comparison, the test was also conducted on Jumunjin sand. Using the test results, the soil-water characteristic curves (SWCCs) of Saemangeum silt and Jumunjin sand were predicted by Van Genuchten model. By comparison and analysis between two SWCCs, the silt shows higher values of matric suction, water content, and air entry value than the sand. On the other hand, the sand has higher values of Van Genuchten model parameters of ${\alpha}$, $n$, $m$ than the silt. It indicates that the SWCC is significantly dependent on the structure of soils. In other words, if a soil has relatively high grain size and poor grain size distribution curve, the values of saturated volumetric water content, residual volumetric water content, and air entry value are small, and the variation of volumetric water content is high in accordance with the matric suction variation, and consequently it shows a narrow range of funicular region.

An analyses of the noise reduction effect of vegetation noise barrier using scaled model experiments (모형실험을 통한 식생형 방음벽의 소음저감 효과 분석)

  • Haan, Chan-Hoon;Hong, Seong-Shin
    • The Journal of the Acoustical Society of Korea
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    • v.35 no.3
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    • pp.223-233
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    • 2016
  • Design of a vegetation type sound barrier was presented as a noise barrier on the boundary of neighborhood facilities including schools, and apartments. The suggested noise barrier is made of unit blocks that are to be formed by stacking over the wall structure containing the plant and soils in the blocks. The advantage of the vegetation noise barrier is to acquire not only sound absorptive effects of plants and soils, but also sound diffusive effect caused by the irregular surface of the barrier which could eventually mitigate the noise. First, the optimum size of the units to obtain the highest noise reduction was investigated using 1/10 scaled model experiment, and sound attenuation experiments were carried out using a 1/2 mock-up model which is 2 m high and 5 m long. Total 1,137 unit blocks were made of synthetic woods with the size of $10{\times}10{\times}9cm$. These unit blocks were installed on the both side of the 1/2 mock-up steel framed noise barrier. As a result, it was revealed that the block typed vegetation noise barrier has 7 dB higher insertion loss in comparison with the general plane noise barrier. Also, it was found that the appropriate size of unit blocks is $20{\times}20cm$ which has large effect of sound insertion loss.

Development of Model Test Methodology of Pack Ice in Square Type Ice Tank (사각 빙해수조에서의 Pack Ice 모형시험 기법 개발)

  • Cho, Seong-Rak;Yoo, Chang-Soo;Jeong, Seong-Yeob
    • Journal of the Society of Naval Architects of Korea
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    • v.48 no.5
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    • pp.390-395
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    • 2011
  • The main purpose of ice model basin is to assess and evaluate the performance of the Arctic ships and offshore structures because the full-scale tests in ice covered sea are usually very expensive and difficult. There are various ice conditions, such as level ice, brash ice, pack ice and ice ridge, in the real sea. To estimate their capacities in ice tank accurately, an appropriate model ice sheet and prepared ice conditions copied from actual sea ice conditions are needed. Pack ice is a floating ice that has been driven together into a single mass and a mixture of ice fragments of varying size and age that are squeezed together and cover the sea surface with little or no open water. So Ice-class vessels and Icebreaker are usually operated in pack ice conditions for the long time of her voyage. The most ice model tests include the pack ice test with the change of pack ice concentration. In this paper, the effect of pack ice size and channel breadth in pack ice model test is conducted and analyzed. Also we presented some techniques for the calculation of pack ice concentration in the model test. Finally, we developed a new model test methodology of pack ice condition in square type ice tank.

The Effects of Non-pharmacological Interventions on Sleep among Older Adults in Korean Long-term Care Facilities: A Systematic Review and Meta-analysis

  • Jung, Sun Ok;Kim, Hyeyoung;Choi, Eunju
    • Research in Community and Public Health Nursing
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    • v.33 no.3
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    • pp.340-355
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    • 2022
  • Purpose: This study aimed to examine the effects of non-pharmacological sleep intervention programs in improving sleep quality among older adults in long-term care facilities. Methods: A literature search and selection was performed on nine different databases using the guidelines of PRISMA (Preferred Reporting Items for Systematic Reviews and Meta-Analyses). Overall, 14 studies met the inclusion criteria and were systematically reviewed. For the meta-analysis, the effect size was estimated using the random-effects model in Review Manager (RevMan) desktop version 5.4 of the Cochrane Library. Results: The meta-analysis of overall non-pharmacological interventions obtained a total effect size of 1.0 (standardized mean difference [SMD]=1.0, 95% confidence interval [CI]: 0.64~1.35), which was statistically significant (Z=5.55, p<.001). The most frequently studied non-pharmacological intervention was aroma therapy, with an effect size of 0.61 (SMD=0.61, 95% CI: 0.14~1.08), which was statistically significant (Z=2.55, p=.010). In the subgroup analysis, group-based interventions, interventions for >4 weeks, and untreated control studies were more effective. Conclusion: This study confirms that non-pharmacological interventions are effective in improving sleep quality among older adults in long-term care facilities. However, the sample size was small and the risk of bias in assessing the interventions of individual studies was unclear or high, thereby limiting the generalizability of the results. Further reviews that evaluate randomized control trials, evidence-based interventions that consider older adult participants' physical activity levels, different intervention methods and durations, and different control group intervention types are needed to obtain more conclusive evidence.

Corporate Capital Structure Adjustments: Evidence from Vietnam Stock Exchange Market

  • NGUYEN, Cuong Thanh;BUI, Cuong Manh;PHAM, Tuan Dinh
    • The Journal of Asian Finance, Economics and Business
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    • v.6 no.3
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    • pp.41-53
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    • 2019
  • Building a target capital structure is one of the most important decisions in corporate financial management. The purpose of this article is to identify the determinants of capital structure and adjustment mechanism toward the target leverage. The partial adjustment model was applied on a sample of 306 non-financial companies listed on Vietnam stock exchange market during the period of 2008-2017. By the fixed effect model estimation method, the research results have discovered the factors of growth opportunities, firm size, tangible fixed assets and firm's unique characteristics have a positive effect on the target capital structure of enterprises. Besides, profitability and dividend payment have a negative effect on the target capital structure of enterprises. Accordingly, the research results show that the average adjustment speed toward target leverage of the firms is 90.03%. Research results also demonstrate firms have higher or lower debt ratio than the target debt ratio, capital surplus or capital deficit also have an impact on the adjustment rate toward the target capital structure. The research results are consistent with the Dynamic Trade-off Theory. From this result, this article has provided policy implications for non-financial companies listed on Vietnam's stock market in building a reasonable target capital structure according to operating timeline to maximize enterprise value.