• Management & Information Systems Review
• /
• v.37 no.1
• /
• pp.19-40
• /
• 2018

The purpose of this study is to analyze the effects of a firm's dynamic capabilities measured by sensing, seizing, transforming, coordinating, and learning capabilities on its competitive capabilities, such as product quality, process flexibility, delivery speed, and low cost. The relationship among dynamic capabilities, competitive capabilities, and export firm performance is set up as a research model based on empirical studies related to the existing dynamic capability perspective and competitive capabilities. To test this research model, this study collected 102 samples of data using a questionnaire survey on both manufacturing and exporting firms. The partial least squares method is used and the following results are derived from an empirical analysis. First, dynamic capabilities have a positive effect on competitive capabilities, such as product quality, process flexibility, delivery speed, and low cost. Second, product quality and process flexibility have a positive effect on export firm performance. Third, unlike previous research results, this study finds that the competitive capabilities of a firm in the areas of delivery speed and low cost do not significantly affect its performance. These findings provide meaningful implications for export venture firms that need to acquire and maintain competitive advantage in a rapidly changing environment.

• Journal of Technology Innovation
• /
• v.21 no.2
• /
• pp.285-317
• /
• 2013

This paper delineates dynamic capabilities, which can be measured by internal capability and external knowledge, and also, in the shape of dynamic capabilities, bases on that corporate actions are expatiated by fitness and rent of evolutionary perspective. To achieve the goal of this study, classifying types of Nano-technology enterprise and suggesting analytical pattern based on dynamic capabilities, this thesis substantially analyzes how to categorize a type of enterprise and gauge a result through a survey of 359 domestic companies producing goods concerned with Nano-technology. This paper analyzes whether or not the internal capability and external knowledge affect the outcome of a certain enterprise. Moreover, in according to the results of practical analysis, it deducts 2 new variables by applying principal component analysis on four previous variables showing the internal capability and external knowledge. By classifying four types of enterprises with criterion of these two factors based on a relative extent and comparing each typical financial result, this paper suggests that the companies with relatively higher level of the internal capability and external knowledge surpass the lower ones at the financial outcome. Not only this, but also the technology-level analysis shows the same result, the higher capability and knowledge the higher performance. However, the analysis based on the difference of the four types of financial outcomes reveals that technological and evolutionary fitness can determine financial achievement.

• Korea Trade Review
• /
• v.41 no.2
• /
• pp.159-183
• /
• 2016

This study focuses on export venture firms in Daedeok Innopolis and examines the structural relationships among dynamic capability, technology commercialization competence, innovation performance, and competitive advantage. In particular, this study attempts to analyze dynamic capabilities that may affect technology commercialization competence, innovation performance, and competitive advantage. The development of the research model takes on a dynamic-capability view and is based on empirical studies regarding competitive advantage. A survey of 103 export venture firms was conducted from January 5, 2015, to February 4, 2015. A partial least squares structural equation model is used to test the relationships between constructs set in the study. The results of the study show that the dynamic capability of an export venture firm has a significant positive influence on the firm's technology commercialization competence, innovation performance, and competitive advantage. The study also finds evidence that the export venture firm's technology commercialization competence directly affects its innovation performance and competitive advantage. In addition, the findings indicate that the innovation performance of an export venture firm has a significant positive impact on the firm's competitive advantage. Overall, these findings contribute to a better understanding of the contexts in which dynamic capability represents a specific capability for export venture firms.

• Journal of the Korea Academia-Industrial cooperation Society
• /
• v.16 no.12
• /
• pp.8262-8273
• /
• 2015

Sources of innovation and a sustainable competitive advantage for market leading firms in a dynamic environment are major concerns for both firm managers and academic researchers. For this reason, the dynamic capability view (DCV), evolved from the resource-based view (RBV) is gaining popularity as a cornerstone for success of firms in a dynamic market. DCV proposes a number of new concepts and elements, but these are still under development. This study suggests a comprehensive constitution of dynamic capabilities by performing a systematic literature review of 59 conceptual research papers from 238 bodies of literature. For the integrative conceptual framework, the elements of the dynamic capabilities are segmented into organizational learning and strategic choices with sensing, seizing, and reconfiguring stages. In addition, our conceptual framework lays a foundation for further empirical studies, with investigating sources of competitive advantage of market leading firms.

• Journal of Technology Innovation
• /
• v.18 no.2
• /
• pp.253-288
• /
• 2010

Production innovation capabilities are critical to the survival and growth of firms. This paper investigates industrial dynamics and dynamic capabilities of firms by looking at how an industry evolution process influences firms' product innovation strategy and how dynamic capabilities affect firms' product innovation process. Korea Wireless Internet industry shows a full cycle of industry evolution process including introduction phase, growth phase, maturity phase, and decline phase using by dynamic technological and market changes. 7 listed companies in Korea Wireless Internet industry were selected. We have conducted multiple case studies based upon in depth interviews. Empirical results show that different phases of industry evolution influence firms' strategy of product innovation. Dynamic capabilities are also appears to be very important to the survival and growth of a firm.

• Asia Marketing Journal
• /
• v.4 no.2
• /
• pp.26-54
• /
• 2002

본고에서는 신(新)성장이론과 자원우위 내지 동태적 역량에 관한 연구결과를 토대로 전환기의 경제자유화 과정이 경쟁의 기반을 어떻게 재규정하고 전략 또는 조직의 변화를 어떠한 방식으로 유발시키는가를 설명하고자 한다. 그러한 변화는 기존의 조직유형과 경제자유화 이후에 탄생된 새로운 기업들로 기술되었다. 본고에서는 동태적 경쟁과 마케팅 혁신의 추동력에 관한 몇 가지 명제를 도출하였다. 그러한 명제들은 개발도상국은 물론 우리 나라와 같은 신흥공업국에 이르기까지 지역과 소득수준을 초월하여 광범위한 범위에 걸쳐 적용될 수 있는 시장지향적 제도개혁과 마케팅 행동상의 변화간의 동태적 상호작용으로 야기되는 주요 정칙성에 초점을 두었다. 제시된 명제들은 제도개혁이 전환기의 경제적 환경에 어떻게 영향을 미치는가에 관한 신(新)성장이론의 관점과 제도개혁에 대한 기업차원의 대응과 이에 따론 제도적 변화간의 관계를 설명하려는 자원우위 내지 동태적 역량에 관한 이론과 실증적 연구결과에 근거한 것이다.

• Journal of Service Research and Studies
• /
• v.8 no.1
• /
• pp.27-39
• /
• 2018

This study is an empirical study to examine the effect of the characteristics of service nature of Korean small and medium manufacturing firms on organizational innovation. It is essential to know service in order for Korea, which has a strong image as a fast follower, to enhance the competitiveness of Small and Medium size Manufacturing firms. By analyzing the service characteristics phenomenon, it is possible to understand the service nature characteristics and to strengthen the capacity to meet them. In order to gain a new resource while achieving organizational innovation, the manufacturing industry can produce new demand for the main products with competitive advantage. The characteristics of service nature are derived from relationship, equality, interactivity, and experiential value. In order to enhance the competitiveness of small and medium size manufacturing firms, core competencies required for organizational innovation are set as dynamic competencies, and to prove it. The dynamic capacity was found to affect the relationship, interactivity, and experience value. It is proved that it is an important factor to promote organizational innovation as a capability to identify and actively utilize organizational innovation opportunities ahead of competitors in a rapidly changing environment. It is needed to confirm that large corporations, midsize companies, and overseas companies can achieve the same results.

• Survey Research
• /
• v.9 no.2
• /
• pp.85-118
• /
• 2008

There have been a great many ups and downs in Korean Credit Card Industries after 2000. It is certain that each Credit Card Company copes with the situations by means of its organizational capabilities. According to the evolutionary view of Institutionalism, a company's capabilities are composed of every day routines, codes, rules, learning(by doing, using, interacting) and decision makings. The purpose of this article is to verify how two Korean Credit Card Companies showed their strategic differences and what factors exposed each company's own limits. To examine the company's ordinary conducts, this study used Q methodology with a random sample of 16 members from each company. Especially from the results of Q factor analysis, it becomes clear that each company still takes a serious view of the economy of scale rather than the innovation or improvement of organizational and relational dynamics.

• Journal of the Korean association of regional geographers
• /
• v.13 no.6
• /
• pp.623-638
• /
• 2007

This paper debates on two different theoretical positions in explaining corporate adaptation. Until the 1980s, a restructuring perspective had dominated in explaining corporate success and adaptation. However, this perspective pays little attention to how firms adapt to environmental change and why some firms adapt successfully, while some others fail to adapt. Thus a restructuring perspective does not give insights into a context-specific explanation of corporate learning and adaptation. More recently, especially since the 1990s, academic focus on corporate adaptation and evolution has shifted towards exploring the nature of learning that leads to the dynamic competitiveness. A learning perspective emphasizes the influence of knowledge, learning and competence on corporate evolution. However, it reveals that this view is also less appropriate for explaining corporate adaptation in radical shifts in environment. In this context, the evolutionary theories of the firm need to seek to maintain a balance between two theoretical positions in order to understand more effectively the dynamic evolution and adaptation of the firm. This paper shows that the dynamics of corporate adaptation and evolution are an outcome of the mixture of perpetual processes of restructuring and learning, both continuous and discontinuous.

• Asia Marketing Journal
• /
• v.3 no.2
• /
• pp.41-68
• /
• 2001

최근 20년간 마케팅을 비롯하여 사회과학 전반에 걸쳐 기업이론에 관하여 새로운 패러다임으로 각광을 받아온 신제도학파 접근방법은 이익극대화를 기업의 중심적 행동으로 가정하고 있는 신고전학파의 맹점을 극복하여 조직문제를 포괄적으로 다룰 수 있음을 보여주고 있다. 이 이론은 한정된 합리성, 기회주의, 자산 특수성, 지배구조, 신뢰 및 협동 등의 핵심적 개념들이 동태적 환경 하에서 활동하고 있는 기업의 경제적 행동을 분석하고 이해하는데 크게 기여하였음이 입증되고 있다. 이것은 다수의 실증적 문헌들에서 엿볼 수 있다. 그러나 신제도학파의 이론적 틀은 두 가지 면에서 주요 결점을 안고 있다. 그 하나는 이론의 정당성을 입증하기 위한 실증적 연구결과물을 무수하게 찾아볼 수 있으나, 대부분이 연구의 타당성이 결여되어 있다는 점이고, 또 하나의 결정적 결함은 신고전학파와 마찬가지로 비교정태적 접근방법을 택함으로써 역사적 관점이 도외시되고 기업의 전략개발과 구조적 변동을 이해하는데 필수적인 조직과 기술간의 동태적 상호작용의 중요성을 간과하고 있다는 점이다. 이에 따라 본고에서는 국제교역 이론가들이 제시한 기업 특유의 경쟁우위에 관한 착상과 그러한 우위가 기업 내외의 네트워크 형성을 포함하여 결집된 조직역량에서 도출된다는 견해를 거래비용이론에 접목시킴으로써 기업의 성격과 그 성장방식을 보다 설득력있게 이해할 수 있으리라는 관점을 제시하려 하였다. 이와 같이 거래비용이론과 진화론을 결합하면 신제도학파 기업이론의 결점이 보완되고 이론의 발전이 한 단계 진일보할 것으로 기대된다. 특히 마케팅 연구자들이 거래비용이론의 경우와 마찬가지로 본고에서 제시한 통합이론에 대해서도 실증적 연구를 행하면 이론개발에 크게 기여할 것으로 생각된다.