The objective of this study is to summarize the current general evaluation process that stakeholders use to evaluate single or multiple medical devices to select the optimal medical device. This study constructed a novel evaluation framework to select the optimal medical device by overcoming the...

The financial valuation of a drug that is still under development is required for various purposes. The risk-adjusted net present value (r-NPV) method, which recently emerged in the biotech industry, uses the development attrition rate as a discount factor to reflect risk during each development...

The pharmaceutical industry is a high-technology industry that requires a combination of in-depth knowledge from various fields. It is characterized by high cost, high risk and a long-term perspective due to the high level of regulation. In addition, it is known that research and development...

Recently routine biased technological change (RBTC) is pervasive in developed countries with the development of technologies which are efficiently possible to replace human labor source. This study find evidence for RBTC in Korea from 1993 to 2015, using panel analysis. The change employment...

This paper reviews the on-going research trends of the ongoing researches conducted in various disciplines on Massive Open Online Course, or MOOC. The background overview on MOOC is organized descriptively and chronologically from the materials collected from the late 2000s to the current days....

This paper aims to study the origin of the role of diversity in the new ICT ecosystem, and show how the gigantic platform influences on the level of diversity of content. Using genetic algorithm, it makes possible to reflect the new ICT ecosystem and experiment how the system is changing content...

The emergence of smart TV device encourages the reconsideration of the customer's subscription on the pay TV so that the phenomenon of cord-cutting evokes the other dimension of MVPD (Multi-Channel Video Programming Distribution) industry itself. Two major paths to adopt the new platform in MVPD...

Exponential growth of data packets and the related rising costs of network operations have brought with them the issues of network neutrality and Internet pricing. So far, Internet pricing schemes have not been considered seriously in the network neutrality literature. In order to show the...

The telecommunications industry has a great ripple effect on the overall national economy. However, there is no consensus about what is the optimal regulation policy for the telecommunications industry. Regulations on the telecommunications industry are different by region (i.e. United States,...

This paper examines one of the fastest growing industries in our world today, the ICT industry. We assess the sensitivity of a firm's investment to a set of financial determinants, by developing a flexible adjustment dynamic model. In particular, we examine the degree to which a firm's liquidity...