• Journal of Intelligence and Information Systems
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• v.22 no.2
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• pp.33-56
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• 2016

Many researchers have focused on developing bankruptcy prediction models using modeling techniques, such as statistical methods including multiple discriminant analysis (MDA) and logit analysis or artificial intelligence techniques containing artificial neural networks (ANN), decision trees, and support vector machines (SVM), to secure enhanced performance. Most of the bankruptcy prediction models in academic studies have used financial ratios as main input variables. The bankruptcy of firms is associated with firm's financial states and the external economic situation. However, the inclusion of qualitative information, such as the economic atmosphere, has not been actively discussed despite the fact that exploiting only financial ratios has some drawbacks. Accounting information, such as financial ratios, is based on past data, and it is usually determined one year before bankruptcy. Thus, a time lag exists between the point of closing financial statements and the point of credit evaluation. In addition, financial ratios do not contain environmental factors, such as external economic situations. Therefore, using only financial ratios may be insufficient in constructing a bankruptcy prediction model, because they essentially reflect past corporate internal accounting information while neglecting recent information. Thus, qualitative information must be added to the conventional bankruptcy prediction model to supplement accounting information. Due to the lack of an analytic mechanism for obtaining and processing qualitative information from various information sources, previous studies have only used qualitative information. However, recently, big data analytics, such as text mining techniques, have been drawing much attention in academia and industry, with an increasing amount of unstructured text data available on the web. A few previous studies have sought to adopt big data analytics in business prediction modeling. Nevertheless, the use of qualitative information on the web for business prediction modeling is still deemed to be in the primary stage, restricted to limited applications, such as stock prediction and movie revenue prediction applications. Thus, it is necessary to apply big data analytics techniques, such as text mining, to various business prediction problems, including credit risk evaluation. Analytic methods are required for processing qualitative information represented in unstructured text form due to the complexity of managing and processing unstructured text data. This study proposes a bankruptcy prediction model for Korean small- and medium-sized construction firms using both quantitative information, such as financial ratios, and qualitative information acquired from economic news articles. The performance of the proposed method depends on how well information types are transformed from qualitative into quantitative information that is suitable for incorporating into the bankruptcy prediction model. We employ big data analytics techniques, especially text mining, as a mechanism for processing qualitative information. The sentiment index is provided at the industry level by extracting from a large amount of text data to quantify the external economic atmosphere represented in the media. The proposed method involves keyword-based sentiment analysis using a domain-specific sentiment lexicon to extract sentiment from economic news articles. The generated sentiment lexicon is designed to represent sentiment for the construction business by considering the relationship between the occurring term and the actual situation with respect to the economic condition of the industry rather than the inherent semantics of the term. The experimental results proved that incorporating qualitative information based on big data analytics into the traditional bankruptcy prediction model based on accounting information is effective for enhancing the predictive performance. The sentiment variable extracted from economic news articles had an impact on corporate bankruptcy. In particular, a negative sentiment variable improved the accuracy of corporate bankruptcy prediction because the corporate bankruptcy of construction firms is sensitive to poor economic conditions. The bankruptcy prediction model using qualitative information based on big data analytics contributes to the field, in that it reflects not only relatively recent information but also environmental factors, such as external economic conditions.

• The Journal of the Korea Contents Association
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• v.19 no.1
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• pp.1-15
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• 2019

One of the biggest difficulties in the vocational training field is the dropout problem. A large number of students drop out during the training process, which hampers the waste of the state budget and the improvement of the youth employment rate. Previous studies have mainly analyzed the cause of dropouts. The purpose of this study is to propose a machine learning based model that predicts dropout in advance by using various information of learners. In particular, this study aimed to improve the accuracy of the prediction model by taking into consideration not only structured data but also unstructured data. Analysis of unstructured data was performed using Word2vec and Convolutional Neural Network(CNN), which are the most popular text analysis technologies. We could find that application of the proposed model to the actual data of a domestic vocational training institute improved the prediction accuracy by up to 20%. In addition, the support vector machine-based prediction model using both structured and unstructured data showed high prediction accuracy of the latter half of 90%.

• Journal of Digital Contents Society
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• v.18 no.2
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• pp.339-346
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• 2017

There is increasing interest in text analysis based on unstructured data such as articles and comments, questions and answers. This is because they can be used to identify, evaluate, predict, and recommend features from unstructured text data, which is the opinion of people. The same holds true for TEL, where the MOOC service has evolved to automate debating, questioning and answering services based on the teaching-learning support system in order to generate question topics and to automatically classify the topics relevant to new questions based on question and answer data accumulated in the system. Therefore, in this study, we propose topic modeling using LDA to automatically classify new query topics. The proposed method enables the generation of a dictionary of question topics and the automatic classification of topics relevant to new questions. Experimentation showed high automatic classification of over 0.7 in some queries. The more new queries were included in the various topics, the better the automatic classification results.

• Journal of Intelligence and Information Systems
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• v.22 no.1
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• pp.1-18
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• 2016

Owing to the extensive use of Web media and the development of the IT industry, a large amount of data has been generated, shared, and stored. Nowadays, various types of unstructured data such as image, sound, video, and text are distributed through Web media. Therefore, many attempts have been made in recent years to discover new value through an analysis of these unstructured data. Among these types of unstructured data, text is recognized as the most representative method for users to express and share their opinions on the Web. In this sense, demand for obtaining new insights through text analysis is steadily increasing. Accordingly, text mining is increasingly being used for different purposes in various fields. In particular, issue tracking is being widely studied not only in the academic world but also in industries because it can be used to extract various issues from text such as news, (SocialNetworkServices) to analyze the trends of these issues. Conventionally, issue tracking is used to identify major issues sustained over a long period of time through topic modeling and to analyze the detailed distribution of documents involved in each issue. However, because conventional issue tracking assumes that the content composing each issue does not change throughout the entire tracking period, it cannot represent the dynamic mutation process of detailed issues that can be created, merged, divided, and deleted between these periods. Moreover, because only keywords that appear consistently throughout the entire period can be derived as issue keywords, concrete issue keywords such as "nuclear test" and "separated families" may be concealed by more general issue keywords such as "North Korea" in an analysis over a long period of time. This implies that many meaningful but short-lived issues cannot be discovered by conventional issue tracking. Note that detailed keywords are preferable to general keywords because the former can be clues for providing actionable strategies. To overcome these limitations, we performed an independent analysis on the documents of each detailed period. We generated an issue flow diagram based on the similarity of each issue between two consecutive periods. The issue transition pattern among categories was analyzed by using the category information of each document. In this study, we then applied the proposed methodology to a real case of 53,739 news articles. We derived an issue flow diagram from the articles. We then proposed the following useful application scenarios for the issue flow diagram presented in the experiment section. First, we can identify an issue that actively appears during a certain period and promptly disappears in the next period. Second, the preceding and following issues of a particular issue can be easily discovered from the issue flow diagram. This implies that our methodology can be used to discover the association between inter-period issues. Finally, an interesting pattern of one-way and two-way transitions was discovered by analyzing the transition patterns of issues through category analysis. Thus, we discovered that a pair of mutually similar categories induces two-way transitions. In contrast, one-way transitions can be recognized as an indicator that issues in a certain category tend to be influenced by other issues in another category. For practical application of the proposed methodology, high-quality word and stop word dictionaries need to be constructed. In addition, not only the number of documents but also additional meta-information such as the read counts, written time, and comments of documents should be analyzed. A rigorous performance evaluation or validation of the proposed methodology should be performed in future works.

• Journal of Information Technology Services
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• v.15 no.3
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• pp.71-95
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• 2016

In recent years, text mining has been used to extract meaningful insights from the large volume of unstructured text data sets of various domains. As one of the most representative text mining applications, topic modeling has been widely used to extract main topics in the form of a set of keywords extracted from a large collection of documents. In general, topic modeling is performed according to the weighted frequency of words in a document corpus. However, general topic modeling cannot discover the relation between documents if the documents share only a few terms, although the documents are in fact strongly related from a particular perspective. For instance, a document about "sexual offense" and another document about "silver industry for aged persons" might not be classified into the same topic because they may not share many key terms. However, these two documents can be strongly related from the R&D perspective because some technologies, such as "RF Tag," "CCTV," and "Heart Rate Sensor," are core components of both "sexual offense" and "silver industry." Thus, in this study, we attempted to discover the differences between the results of general topic modeling and R&D perspective topic modeling. Furthermore, we package social issues from the R&D perspective and present a prototype system, which provides a package of news articles for each R&D issue. Finally, we analyze the quality of R&D perspective topic modeling and provide the results of inter- and intra-topic analysis.

• KSII Transactions on Internet and Information Systems (TIIS)
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• v.11 no.8
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• pp.4133-4145
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• 2017

Advances in science and technology are driving us to the better life but also forcing us to make more investment at the same time. Therefore, the government has provided the investment to carry on the promising futuristic technology successfully. Indeed, a lot of resources from the government have supported into the science and technology R&D projects for several decades. However, the performance of the public investments remains unclear in many ways, so thus it is required that planning and evaluation about the new investment should be on data driven decision with fact based evidence. In this regard, the government wanted to know the trend and issue of the science and technology with evidences, and has accumulated an amount of database about the science and technology such as research papers, patents, project reports, and R&D information. Nowadays, the database is supporting to various activities such as planning policy, budget allocation, and investment evaluation for the science and technology but the information quality is not reached to the expectation because of limitations of text mining to drill out the information from the unstructured data like the reports and papers. To solve the problem, this study proposes a practical text mining methodology for the science and technology trend analysis, in case of aerospace technology, and conduct text mining methods such as ontology development, topic analysis, network analysis and their visualization.

• Journal of Korean Association for Spatial Structures
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• v.21 no.3
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• pp.85-92
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• 2021

The purpose of this paper is to understand the key factors for efficient maintenance of rapidly aging facilities. Therefore, the safety inspection/diagnosis reports accumulated in the unstructured data were collected and preprocessed. Then, the analysis was performed using a text mining analysis method. The derived vulnerabilities of tunnel facilities can be used as elements of inspections that take into account the characteristics of individual facilities during regular inspections and daily inspections in the short term. In addition, if detailed specification information and other inspection results(safety, durability, and ease of use) are used for analysis, it provides a stepping stone for supporting preemptive maintenance decision-making in the long term.

• KSII Transactions on Internet and Information Systems (TIIS)
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• v.13 no.11
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• pp.5321-5334
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• 2019

Data mining technology is frequently used in identifying the intention of users over a variety of information contexts. Since relevant terms are mainly hidden in text data, it is necessary to extract them. Quantification is required in order to interpret user preference in association with other structured data. This paper proposes rating and comments mining to identify user priority and obtain improved ratings. Structured data (location and rating) and unstructured data (comments) are collected and priority is derived by analyzing statistics and employing TF-IDF. In addition, the improved ratings are generated by applying priority categories based on materialized ratings through Sentiment-Oriented Point-wise Mutual Information (SO-PMI)-based emotion analysis. In this paper, an experiment was carried out by collecting ratings and comments on "place" and by applying them. We confirmed that the proposed mining method is 1.2 times better than the conventional methods that do not reflect priorities and that the performance is improved to almost 2 times when the number to be predicted is small.

• Knowledge Management Research
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• v.15 no.3
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• pp.169-188
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• 2014

Big data seems to change knowledge management system and method of enterprises to large extent. Further, the type of method for utilization of unstructured data including image, v ideo, sensor data a nd text may determine the decision on expansion of knowledge management of the enterprise or government. This paper, in this light, attempts to figure out the prediction model of demands and supply for big data market of Korea trough data mining decision making tree by utilizing text bit data generated for 3 years on web and SNS for expansion of form for knowledge management. The results indicate that the market focused on H/W and storage leading by the government is big data market of Korea. Further, the demanders of big data have been found to put important on attribute factors including interest, quickness and economics. Meanwhile, innovation and growth have been found to be the attribute factors onto which the supplier puts importance. The results of this research show that the factors affect acceptance of big data technology differ for supplier and demander. This article may provide basic method for study on expansion of analysis form of enterprise and connection with its management activities.

• Communications of Mathematical Education
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• v.32 no.4
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• pp.555-573
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• 2018

The purpose of this study is to identify the emotional language of math teachers in math class using text mining techniques. For this purpose, we collected the discourse data of the teachers in the class by using the excellent class video. The analysis of the extracted unstructured data proceeded to three stages: data collection, data preprocessing, and text mining analysis. According to text mining analysis, there was few emotional language in teacher's response in mathematics class. This result can infer the characteristics of mathematics class in the aspect of affective domain.