• Title/Summary/Keyword: technology frontier

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Portfolio Selection for Socially Responsible Investment via Nonparametric Frontier Models

  • Jeong, Seok-Oh;Hoss, Andrew;Park, Cheolwoo;Kang, Kee-Hoon;Ryu, Youngjae
    • Communications for Statistical Applications and Methods
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    • v.20 no.2
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    • pp.115-127
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    • 2013
  • This paper provides an effective stock portfolio screening tool for socially responsible investment (SRI) based upon corporate social responsibility (CSR) and financial performance. The proposed approach utilizes nonparametric frontier models. Data envelopment analysis (DEA) has been used to build SRI portfolios in a few previous works; however, we show that free disposal hull (FDH), a similar model that does not assume the convexity of the technology, yields superior results when applied to a stock universe of 253 Korean companies. Over a four-year time span (from 2006 to 2009) the portfolios selected by the proposed method consistently outperform those selected by DEA as well as the benchmark.

An Analysis of Technical Efficiency for Managing Off-Shore Fishery in Korea (근해어업경영을 위한 기술효율성분석)

  • Choi, Jong-Du
    • Ocean and Polar Research
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    • v.30 no.4
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    • pp.445-451
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    • 2008
  • This paper examines measures of technical efficiency in off-shore fishery based on a frontier production function model of the Cobb-Douglas type. Technical efficiency ranges between 57.13 and 98.62 percent. The results suggest that the highest TE in the industry is the trawl. Also, this analysis shows that Busan's Danish seine fishery has a maximum TE. Angling in Gangwon has a minimum TE. Empirical measures of technical efficiency in this study can be useful in analyzing the potential effects of policies designed to deal with the current fishery industry.

PROSODY IN SPEECH TECHNOLOGY - National project and some of our related works -

  • Hirose Keikichi
    • Proceedings of the Acoustical Society of Korea Conference
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    • spring
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    • pp.15-18
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    • 2002
  • Prosodic features of speech are known to play an important role in the transmission of linguistic information in human conversation. Their roles in the transmission of para- and non- linguistic information are even much more. In spite of their importance in human conversation, from engineering viewpoint, research focuses are mainly placed on segmental features, and not so much on prosodic features. With the aim of promoting research works on prosody, a research project 'Prosody and Speech Processing' is now going on. A rough sketch of the project is first given in the paper. Then, the paper introduces several prosody-related research works, which are going on in our laboratory. They include, corpus-based fundamental frequency contour generation, speech rate control for dialogue-like speech synthesis, analysis of prosodic features of emotional speech, reply speech generation in spoken dialogue systems, and language modeling with prosodic boundaries.

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A Study on the Development of Industrial Clusters in the International Science and Business Belt through the Industrial Clustering Analysis (산업 클러스터링 분석을 통한 국제과학비즈니스벨트의 클러스터 발전 방향 연구)

  • Jung, Hye-Jin;Og, Joo-Young;Kim, Byung-Keun;Ji, Il-Yong
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.19 no.2
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    • pp.370-379
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    • 2018
  • The Korean government announced plans for the International Science Business Belt as a spatial area for promoting the linkage between scientific knowledge and commercialization in 2009. R&D and entrepreneurial activities are essential for the success of the International Science Business Belt. In particular, prioritizing the types of businesses is critical at the cluster establishment stage in that this largely affects the features and development of clusters comprising the International Science Business Belt. This research aims to predict the entry and growth of firms that specialize in four industrial clusters, including Big Science Cluster, Frontier Cluster, ICT Cluster, and Bio-Healthcare Cluster. For this purpose, we employ the Swann & Prevezer's industrial clustering model to identify sectors that affect the establishment and growth of industrial clusters in the International Science Business Belt, focusing on ICT, Bio-Healthcare and Frontier clusters. Data was collected from the 2014 Korean Innovation Survey (KIS) and University Alimi for the ICT cluster, 2014 National Bio Industry Survey and University Alimi for the Bio-Healthcare Cluster, and the 2015 National Nano Convergent Industry Survey and Annual Report of Nano Technology for the Frontier cluster. Empirical results show that the ICT service sector, bio process/equipment sector, and Nano electronic sector promote clustering in other sectors. Based on the analysis results, we discuss several policy implications and strategies that can attract relevant firms for the development of industrial clusters.

A Brief Empirical Investigation of Seaport Clustering by Using Meta-Frontier and Cross-efficiency Models (메타프론티어와 교차효율성 모형을 통한 항만 클러스터링의 실증적 검증소고)

  • Park, Ro-Kyung
    • Korea Trade Review
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    • v.41 no.3
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    • pp.27-42
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    • 2016
  • This study is to investigate seaport clustering by using meta-frontier and cross-efficiency models. Data covers the 13 Asian ports during 2009, 2010 and 2013 with 3 inputs(depth, total area, and number of cranes) and 1 output(TEU). Correlations coefficient from cross-efficiency matrix are used for measuring clustering dendrogram. After that, meta-frontier analysis for investigating whether the clustering using cross-efficiency method increases the meta-efficiency. Empirical main results are as follows: First, group efficiencies of Busan, Incheon, and Gwangyang ports are increased. Second, meta and group efficiencies of China ports are greater than those of Korean ports. Third, distortion of technology gap of Gwangyang is lower than that of Busan and Incheon. Fourth, Gwangyang, clustering with Ningbo, Chingtao, Tokyo and Caosung ports in 2009 and with Dubai port in 2013 can increase the efficiency. Fifth, to enhance the efficiency, Busan port should be clustered to group 2 in 2010 and group 1 in 2013, and Incheon port clustered to group 2 in 2010 and 2013. Fifth, it is empirically investigated that Busan, Incheon and Gwangyang ports can increase the efficiency by using Cross-efficiency and Meta-frontier models. Port policy planner should promote the clustering policy for Busan with Hong Kong, Shanghai, and Singapore, Incheon and Gwangyang with Chingtao, Nagoya, Ningbo, Tokyo, and Kaoshung ports.

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Expressed Sequence Tags of Trichinella spiralis Muscle Stage Larvae

  • Park, Hae-Kyung;Chang, Seong-Won;Kang, Se-Won;Cho, Min-Kyoung;Choi, Sun-Hee;Hong, Yeon-Chul;Lee, Yong-Seok;Jeong, Hae-Jin;Yu, Hak-Sun
    • Parasites, Hosts and Diseases
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    • v.46 no.2
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    • pp.59-63
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    • 2008
  • In order to obtain greater insight into the relevant genomic expression patterns of Trichinella spiralis, 992 expressed sequence tags (ESTs) were collected from a cDNA library of T. spiralis muscle stage larvae and assembled into 60 clusters and 385 singletons. Of them, 445 (44.7%) ESTs were annotated to their homologous genes, and small fractions were matched to known genes of nematodes. The annotated ESTs were classified into 25 eukaryotic orthologous groups (KOG). Cytochrome C oxidase (34 clones) was found to be most frequent species.

Morphologcal and Ultrastructural Study on the Prostate of a Land Snail Nesiohelix samarangae, a Stylommatophoran Pulmonate

  • Kang, Se-Won;Jo, Yong-Hun;Han, Yeon-Soo;Jeong, Kye-Heon;Lee, Yong-Seok
    • The Korean Journal of Malacology
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    • v.26 no.1
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    • pp.79-84
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    • 2010
  • A morphological and ultrastructural study on the prostate of a land snail Nesiohelix samarangae was conducted. The prostate of Nesiohelix samarangae is a tubular gland connected with the large hermaphrodite duct. The lining of the prostate tubules possesses two distinct types of epithelial cells, one secretory and the other non-secretory. The secretory cells contained numerous secretory granules in various sizes and electron density. Most of the secretory granules showed light electron density but some of them showed heavy density. The ciliated cells were non-secreting cells situated only toward the lumen of the tubules and appeared as ordinary epithelial lining cells. The ciliated cells of the epithelium extensively interdigitate with each other and their apical surfaces had numerous cilia and microvilli. The bases of the ciliated cells did not reach the basal region of the secretory cells.