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http://dx.doi.org/10.5392/JKCA.2012.12.02.369

Effects of External Environment and Organizational Resources and Capabilities on Strategy and Performance: An evidence from an analysis on ventures  

Song, Woo-Yong (한밭대학교 경영학부)
Hwang, Kyung-Yun (충남대학교 무역학과)
Publication Information
The Journal of the Korea Contents Association / v.12, no.2, 2012 , pp. 369-387 More about this Journal
Abstract
Based on the survey data, this study focused venture firms examines how organizational resources and capabilities along with its external environmental conditions have an effect on its strategy and performance. In particular, this article attempts, by performing a binary logistic regression analysis, to identify the venture-specific importance and priority of the factors that may influence firms' strategy patterns, with multiple regression analysis on the relationships between some variables included in the model. The survey was conducted from October 1, 2010 through October 30, 2010. The results of this study are the following. First, the more firms are exposed to high industry growth and low competitive intensity, the higher chance they get to pursuit aggressive strategy. And then a firm seeks aggressive strategy, when it has more technological resources and human resources. Third, environmental uncertainty, industry growth, technological resources, human resources, financial resources and marketing capabilities have positive effects on firm's performance. But, competitive intensity has no direct influence firm's performance. Finally, CEO competence directly influences firm's performance, but the interaction. of CEO competence with other variables is not significant.
Keywords
Resource; Environment; Capability; Competency; Strategy; Performance;
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Times Cited By KSCI : 3  (Citation Analysis)
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