Earticle

The value of charge currnet, discharge current, Er' Er", residual voltage was measured inorder to investigate electric properties in Ethylene Prophylene Rubber for is irradiated C0 60γ ray 0~38.1 Mrad. The value of charge current and the discharging current of the EPR is influenced by C060 -γ - irradiation dose. The charging current and the discharging current of EPR increas, depending on the ratio of degradation. As the irradiatin dose is increased, the peak of residual voltage moves to the slorter time. The properties specific electric constant due to time variation was appeared dispersion by plentiful C060 - γ - irradiation dose. The increase of peak in Er" is attrib uted to the irratiation dose almost proportionally.

화재나 긴급상황이 발생하였을 때 임시적으로 네트워크를 구성할 수 있는 애드혹 네트워크분야에서 DSR, AODV, TORA, ZRP 라우팅 프로토콜의 연구가 활발하며 이에 대한 여러가지 개발이 이루어지고 있다. 본 논문에서는 AODV 라우틸 프로토콜을 이 용하여 다양한 네트워크 환경에서 AODV 라우팅 프로토콜의 성능평가와 함께 AODV 라우팅 프로로콜의 문제점을 수정하여 개선하여 실질적인 MANET 통신에서 사용될수 있는 라우팅 프로토콜을 제안한다.

In the electrode fabrication of unit cell, we found that optimal the electrochemical characteristics were obtained with at 90 wt.% of activated carbon(BP-20), 5 wt.% of conducting agent(Ppy, Super P) and 5 wt.% of P(VdF-co-HFP)/PVP mixed binder. The electrochemical characteristics of unit cell with Ppy improver were as follows : 37.6 F/g of specific capacitance, 0.98 Ω of AC-ESR, 2.92 Wh/kg and 6.05 Wh/L of energy density, and 754 W/kg and 1,562 W/L of power density. It was confirmed that internal resistance were reduced due to the increase of electrical conductivity and filling density by the introduction of conductivity agent, and content of conducting agent was suitable in the range of 4~6 wt.%. According to the impedance measurement of the electrode with conductivity agent, we found that it was possible to charge rapidly by the fast steady-state current convergence due to low equivalent series resistance(AC-ESR), fast charge transfer rate at interface between electrode and electrolyte, and low RC time constant.

All-vanadium redox flow battery(VRFB) has been studied actively as one of the most promising electrochemical energy storage systems for a wide range of applications such as electric vehicles, photovoltaic arrays, and excess power generated by electric power plants at night time. CPCS has been shown to have the characteristics as an excellent current collector for VRFB and electrochemical properties of specific resistivity 0.31 Ω cm, which were composed of G-1028 80 wt%, PVC 10 wt%, DBP 5 wt% and FS 5 wt%. Energy efficiencies of VRFB with the CPCE and the existing electrode assembly were 84.14 % and 77.24 % respectively, in charge/discharge experiments at constant current of 200 mA, and the CPCE was confirmed to be suitable as the electrode of VRFB.

우리나라와 국가 규모가 비슷한 이스라엘의 경우에는 벤처캐피탈이 정부주도로 출범한 후 육성71었다. 이러한 벤처캐피탈의 특성은 창업자가 연구개발에만 전념할 수 있어서 제품의 품질을 높일 수 있으며 동시에 사업이나 제품 완성도를 높일 수 있는 부가가치가 큰 중요한 금융업이 될 전망이다. 이번 연구에서는 이러한 벤처캐피탈이 가지고 있는 위험특성에 대한 분석과 위험을 고려한 투자성과 평가를 행하였다. 이번 연구에서는 선행연구와 동일하게 비체계적 위험이 체계적 위험보다 큰 것으로 나타났는데 이는 소수의 지역이나 업종에 집중투자한 결과로 보인다. Sharpe 평가지표의 결과로는 종합주가지수나 코스닥지수보다 열등한 것으로 분석되어 우리나라 벤처캐피탈의 열악함이 대변되고 있는 것을 알 수 있었다.

The size of state in Korea is like Israel, this country's venture capital is ruled by government. This venture capital's character is below: the concentration on research of venturer affect positively at qualify of products, This paper lies with venture capital's risk character & performance. The results show that Korean venture capitals have lager unsystematic risk than systematic risk, which implies they specialize in specific business and/or regional areas instead of diversification. The Sharpe measure reveals that the performances of Korean venture capitals are very low relative to even the market portfolio(Kospi) and Kosdaq.

예를 들어, 옥션에서 실시하고 있는 경매 서비스가 타 쇼핑몰과 비교할 때 우위성을 토대로 사업을 강화시키고 발전시켜 나갈 경우에 국내 인터넷 비즈니스에서 가장 강력한 모델이 될 수 있을 것으로 기대되고 있다. 현재까지 옥션은 인터넷 경매시장에서 확고 부동한 선두자의 자리를 취하고 있으며 수수료 수입이 거래 규모와 비례하는 관계를 보이고 있다. 또한 향후경매 인구확대 및 시장규모 증대시 옥션의 수익 증가가 추가적으로 이루어질 전망이다. 이와 같은 인터넷 상거래와 네트워킹 마케팅이 결합될 경우 유통 및 소비혁명을 이루어갈 것으로 예상된다.

This case describes key development challenges and patterns as experienced by Internet Auction Company, Ltd. from the startup stage through IPO to the sale to eBay. Currently an eBay company, Internet Auction Co. continues to pursue new auction systems and substitute distribution systems for the future with a renewed entrepreneurial spirit. In 1997, Mr Hyuk Oh saw a business opportunity in the Internet allowing two-way communications. At that time, the success stories of eBay and Onsale in the United States were good stimuli to his startup of an auction site. He opened the Website in April 1, 1998 after four months of development efforts. Auction has merit more than other shopping malls. First, it brings about interesting and benefit. Second, it has interactive trade system. Third, customers will trade for reasonable price through direct own will of them. Fourth, Auction's model brings about multitude sale through aggressive sales. Even if Network Marketing has socially negative effect in case of inappropriate use, it is good mood for further business. In case E-Commerce use as useful purpose, it will have competitive priority revenue model.

International capital movement has made progress at global liberalization of finance and foreign exchange, international monetary norm changing into floating exchange rate system, easiness of collection of information and trade at improvement of information communication technology from early of 1970's. Results of empirical test for relation between foreign exchange rate or various determination factors of foreign exchange rate and interest rate are followed by next sentences. First, according to relation between foreign exchange rate and interest rate, correlation for each of variables after OECD entrance is increased. But, long-term ＆short-term interest rate is affected by Hanbo ＆ Kia's bankruptcy, continuous large scale coporates bankruptcy and crisis of foreign exchange. Therefore, financial instability is occured. If portfolio investment fund has been inflow as it is mollified by continuous shortage of foreign exchange and fall of country's credit rating, it is expected to have positive effect for long-term & short-term interest rate from appreciation of won against dollar. Second, results from relation between determination factor of foreign exchange rate and interest rate are followed by next sentences. If surplus of current account and goods account is continued, yield of corporate bond is to be stable. But, margin of surplus is expected to diminish after second quarter 98, and difference between external and domestic interest (after adjusting foreign exchange rate) is to be diminished. And if net inflows of foreign investor's fund (stock and bond) is diminished, it is to have negative effect for yield of corporate bond. According to foreign investor's investment movement of previous years, hedge md were stayed at least during two years in Mexico. It means that sudden capital outflow is not to be happened at Korea. But if external factors from depreciation of yen and China's renminbi are instable, interest rate is expected to increase from capital's outflows. Third, if it is to decrease instability of foreign exchange rate from increase in surplus of future current account, credit rating's upwardness, stability of yen and renminbi, foreign exchange rate is expected to be stable. It is expected to have continuous stability from short-term interest rate to long-term interest rate in this empirical test.

The result of variance decomposition through yield of Treasury of 30 year maturity of USA, S&P 500 index, stock price of KEPCO has 76.12% of impulse of KEPCO stock price at short-term horizon, but they have 51.40% at long-term horizon. After one year, they occupy 13.65%, and 33.25%. So their effects are increased. By the way, S&P 500 index and yield of Treasury of 30 year maturity of USA have relatively more effect for forecast of stock price oi KEPCO at short-term & long-term. The yield of Treasury of 30 year maturity of USA more than S&P 500 index have more effect for stock price of KEPCO. It is why. That foreign investors through fall of stock price of USA invest for emerging market is less than movement for emerging market of hedge funds through effect of fall of yield of Treasury of 30 year maturity of USA, according to relative effects for stock price of Korea companies. The result of variance decomposition through won/dollar foreign exchange rate, yield of corporate bond of 3 year maturity, Korea Stock Price index(KOSPI), stock price of KEPCO has 81.33% of impulse of KEPCO stock price at short-term horizon, but they have 41.73% at long-term horizon. After one year, they occupy 23.57% and 34.70%. So their effects are increased. By the way, KOSPI and won/dollar foreign exchange rate have relatively more effect for forecast of stock price of KEPCO at short-term & long-term. The won/dollar foreign exchange rate more than KOSPI have more effect for stock price of KEPCO. It is why. The recovery of economic condition through improvement of company revenue causes of rising of KOSPI. But, if persistence of low interest rate continues, fall of won/dollar foreign exchange rate will be more aggravated. And it will give positive effect for stock price of KEPCO. This gives more positive effect at two main reason. Firstly, through fall of won/dollar foreign exchange rate and rising of credit rating of Korea will be followed. Therefore, foreign investors will invest more funds to Korea. Secondly, inflow of foreign investment funds through profit of won/dollar foreign exchange rate and stock investment will be occurred. If appreciation of won against dollar is forecasted, foreign investors will buy won. Through this won, investors will do investment. Won/dollar foreign exchange rate is affected through external factors of yen/dollar foreign exchange rate, etc. Therefore, the exclusion of instable factors for foreign investors through rising of credit rating of Korea is necessary things.