• Journal of Korea Trade
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• v.26 no.5
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• pp.23-38
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• 2022

Purpose - This research intends to find out whether R&D cost stickiness shows differentiated aspects depending on exports in Korea. A cost behavior that indicates a lower rate of costs decrease when sales decrease than the rate of costs increase when sales increase is called cost stickiness. This sticky cost behavior is caused by considering the adjusting costs. This study aims to empirically verify that R&D cost stickiness is greater in export firms than in non-export firms. We also investigate the effect of exports on R&D cost stickiness is nonlinear. Design/methodology - We obtain data for the analysis from Kis-Value and TS2000 from 2012 to 2020. This study tests for R&D cost stickiness of exports using the cost stickiness model developed by Anderson et al. (2003) that is used in a lot of prior literature. To explore the nonlinear behavior of R&D cost stickiness we include a quadratic term of exports in our model. Findings - The results of our analysis are as follows. First, we observed that R&D costs of export firms are more sticky than that of non-export firms. Our result indicated that export firms are less likely to reduce R&D costs in decreasing sales periods in preparation for future sales recovery. Second, our empirical evidence shows that export firms view R&D costs much favorably. However, we hypothesize that the effect of export intensity on R&D costs may not necessarily be linear. Our result shows the effect of exports intensity on R&D stickiness is thus nonlinear, forming a reverse U-shaped curve. When export intensity exceeds a certain threshold, the growth rate of R&D costs appears to be viewed negatively. Firms with relatively high export intensity do not support R&D costs, viewing them as taking away firms' resources from other more productive costs. On the contrary, those with export intensity under the threshold view R&D costs as beneficial and therefore promote further R&D costs when revenue decreases. Originality/value - The results of this research can contribute academically to the expansion of empirical research on R&D cost stickiness. R&D cost stickiness varies by industry. As a result of our research, the managers of export firms recognize the importance of R&D to lead innovation. We expected that this research contributes to further studies on R&D costs and cost stickiness. Second, this research has implications from a business perspectives. Our findings of export firms' R&D stickiness suggest that export firms' managers should consider keeping the stickiness of R&D when revenue decreases because it is essential for exporting firms to maintain their R&D stickiness to secure long-term competitiveness. R&D stickiness can be used on a practical basis to emphasize the need for continuous investment in exporting firms' R&D activities.

• Journal of Sensor Science and Technology
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• v.30 no.1
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• pp.56-60
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• 2021

In this study, the relationship between the transmitted light intensity and full-width-at-half-maximum (FWHM) of a Fabry-Perot filter was investigated. The measured refractive indices and absorption coefficients of the fabricated thin films were applied to the Fabry-Perot filter via simulations using optical software. Although considerable research has been conducted on Fabry-Perot filters, this study focused on the usefulness of 4.26-㎛ infrared filtering in carbon dioxide detection. Optical analysis was performed considering the effects of the thickness, refractive indices, and number of thin films in a distributed Bragg reflector. Ultimately, a clear trade-off relationship was observed wherein the transmitted light intensity decreased as the number of multilayers increased; however, the FWHM was observed to be narrower.

• 정보화사회
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• s.170
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• pp.58-63
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• 2004

본 보고서는 EU에서 발간된 "Raising EU R&D Intensity: Improving the Effectiveness of the Mix of Public Support Mechanisms for Private Sector Research and Development"(2003)를 근간으로 하고, 관련된 국.내외 문헌을 종합하여 한국산업기술평가원 전략기획실에서 작성하여 지난 7월 26일 발표된 자료 중 일부분을 정리한 자료입니다.

• Journal of Astronomy and Space Sciences
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• v.18 no.1
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• pp.21-26
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• 2001

As part of a long-term program for polar upper atmospheric studies, temperatures and intensities of the OH(3-1) bands were derived from spectrometric observations of airglow emissions over King Sejong station($62.22^{circ}S,\;301.25^{circ}E$). These measurements were made with a Michelson interferometer to cover wavelength regions between 1000nm and 2000 nm. A spectral analysis was performed to individual nights of data to acquire information on the waves in the upper mesosphere/lower thermosphere. It is assumed that the measured fluctuations in the intensity and temperature of the OH (3-1) airglow were caused by gravity waves propagating through the emission layer. Correlation of intensity and temperature variation revealed oscillations with periods ranging from 2 to 9 hours. We also calculated Krassovsky’s parameter and compared with published values.

• Journal of Service Research and Studies
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• v.13 no.1
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• pp.1-26
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• 2023

We analyze the effects and related factors of Smart Factory adoption. 110 and 325 samples were collected by median-size-industry matching method, respectively, of adopting and non-adopting companies. We use financial statement data (ROA, etc.) from the year before adoption to the fourth year after adoption. Abnormal operating performance and annual abnormal changes are obtained according to event study method, and analyzed by Wilcoxon signed-rank test and t-test. ROA and sales growth rate demonstrate short-term effects after adoption, but not long-term effects. As a result of regression analysis to examine if the three factors of labor intensity, R&D intensity, and prior financial performance have moderating effect, the moderating effect of R&D intensity and prior financial performance is confirmed. In addition, we perform regression analysis to confirm performance effects of early and late adoptions and whether prior financial performance and organization size have moderating effect. It is confirmed that the later the time of adoption, the greater the effect of adoption in the long term and the moderating effect of prior financial performance and organization size is confirmed.

• Journal of Korea Trade
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• v.26 no.7
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• pp.19-42
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• 2022

Purpose - This study investigates the effects of foreign investor ownership on firm innovation and the different stages of the firm innovation process for business group affiliation (affiliated firms) and nonaffiliated firms. Design/methodology - Research and development (R&D) intensity is used as a proxy for firm innovation. We use a sample of 7,655 firm-year observations of Korean listed firms from 2001 to 2015. To identify the distinct features of business group affiliation and how foreign investor ownership affects firm innovation, we divide the sample into affiliated and non-affiliated firms. Moreover, we classify total R&D expenditures as research and development expenditures. Findings - This study finds a positive relationship between foreign investor ownership and innovation in non-affiliated firms. However, the foreign investor ownership's role in facilitating firm innovation does not influence business group affiliation. Moreover, the results show that foreign investor ownership encourages firms to increase research expenditures, which is the amount spent in the early stages of a firm's R&D process. Originality/value - Existing studies have overlooked the distinct features of business group affiliation and the different characteristics of research and development expenditures. Thus, this study considers the distinct features of business group affiliation and investigates how foreign investor ownership affects different stages of R&D activities.

• Journal of Korea Trade
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• v.26 no.5
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• pp.39-55
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• 2022

Purpose - This study empirically examines the effect of the Korean government export promotion program (EPP) on small and medium-sized enterprise (SMEs) export performance using firm-level data. Unlike most previous studies that investigated some specific samples of firms, this study analyzes a vast amount of SME data of the Korean Small and Medium Business Administration over the period 2005 to 2008. Design/methodology - An endogeneity problem arises when a firm's probability of being selected is correlated with the likelihood of successfully implementing EPPs. To control for the endogeneity of the EPPs in a relatively short-period sample, we employ 2-Stage Residual Inclusion (2SRI) RE-Tobit and bivariate Tobit procedure. Findings - Analyses show that Korean government EPPs have positive significant effects on SME exports. Empirical results also show that SME export activities are significantly encouraged by R&D investment and capital intensity, but not obviously by labor productivity. Originality/value - This study provides evidence that SME capital intensity, R&D investment, and the number of workers are significant determinants to SME exporting activities, whereas per worker labor cost and employee education are not. These results imply that even for SMEs, firm size is a major factor in promoting exporting activities.

• Transactions of the Korean Society of Mechanical Engineers A
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• v.26 no.11
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• pp.2390-2398
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• 2002

For integrity analysis of nuclear reactor pressure vessel, including the Pressurized thermal shock analysis, the fast and accurate calculation of the stress intensity factor at the crack tip is needed. For this, a simple approximation scheme is developed and the resulting stress intensity factors for axial semi-elliptical cracks in cylindrical vessel under various loading conditions are compared with those of the finite element method and other approximation methods, such as Raju-Newman's equation and ASME Sec. Xl approach. For these, three-dimensional finite-element analyses are performed to obtain the stress intensity factors for various surface cracks with t/R = 0.1. The approximation methods, incorporated in VINTIN (Vessel INTegrity analysis-INner flaws), utilizes the influence coefficients to calculate the stress intensity factor at the crack tip. This method has been compared with other solution methods including 3-D finite clement analysis for internal pressure, cooldown, and pressurized thermal shock loading conditions. The approximation solutions are within $\pm$2.5% of the those of FEA using symmetric model of one-forth of a vessel under pressure loading, and 1-3% higher under pressurized thermal shock condition. The analysis results confirm that the VINTIN method provides sufficiently accurate stress intensity factor values for axial semi-elliptical flaws on the surface of the reactor pressure vessel.

• Journal of the Korean Institute of Intelligent Systems
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• v.26 no.4
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• pp.327-333
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• 2016

An autonomous vehicle is a convergence of artificial intelligence and a vehicle which can drive itself while analyzing the real-time situation on a road without a driver. A lot of research achievements have been revealed through the media and Google is considered to be the best leading company in this field. The use of patent information which contains various information such as bibliographic data and information about technologies is a good way to find out the R&D direction of a company and develop a reasonable strategy. This study is aimed at investigating the direction to which Google focuses its R&D capabilities and establishing strategies for technology development. Google's patents about autonomous vehicles were collected and the degree of research bias was analyzed using Social Network Analysis based on citations indicating the quality of a patent. Based on the results, the strategies for technology development was eventually proposed. As a result, it was revealed that Google focused its R&D capabilities on the part of hardware control to make up for its lack of hardware-oriented technologies. As of now, Google obtained remarkable achievements, so it seems reasonable that last-movers consider cooperative research with Google.

• The Journal of the Society of Korean Medicine Diagnostics
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• v.12 no.2
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• pp.49-60
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• 2008

Objectives: The aim of this study was to investigate correlation of the phlegm-retained fluid, namely Damum(痰飮) and dark circles under eyes. Methods: 2 males and 11 females aged 26-60 years were participated in this study. They were asked the intensity of 29 symptoms related with Damum(痰飮) including dark circle with the questionnaire published by the Journal of the Korea Institute of Oriental Medical Diagnostics. Three skin researchers including OMD graded the dark circles by inspection. We took the pictures around eyes by Facial Stage (Moritex, Japan) and analyzed the skin color by Image-Pro Plus (Media Cybernetics, USA). Results: There was statistically significant correlation between Damum(痰飮) and dark circles measured by self, inspectors and image analysis. Conclusions: In the Oriental Medicine, It is reported that the shadows under eyes are the sign of the retention of fluid, Damum(痰飮). In our study, that shadows, namely dark circles, has correlation with the symptoms of Damum(痰飮). Especially, the correlation between inspected grade and image analysis was very high. According to the above results, it is proved that dark circles under eyes are important diagnostic sign of Damum(痰飮).