• Title/Summary/Keyword: Competitive Advantages

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A Study on the Foreign Direct Investment Determinants of Chinese Manufacturing Firms into local Korea (해외직접투자 결정요인에 관한 실증연구 - 중국 제조 기업의 대한국 해외직접투자를 중심으로 -)

  • Shin, Kwang-Ha;Yoon, Seong-Hwan;Park, Myung-Chan
    • International Area Studies Review
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    • v.13 no.3
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    • pp.163-190
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    • 2009
  • This study tries to analyze the investment determinants of Chinese firms in local Korea, where the Chinese investing ones have been operating since in the middle of 1990s. The main purpose can be mentioned to test empirically some relations between the investment determinants of Chinese firms and the investment types. In detail speaking, the dependent variables of investment types are classified with sole venture and joint venture, while the independent ones are sorted based on the previous studies with the 2 following factors like the competitive advantages of Chinese firms, and the location advantages of local Korea. This study is conducted as the following: the survey of Chinese firms engaging in investment activities in there is implemented by collecting questionnaires. And for testing the hypothesis, the path analysis of structural equation modeling is activated with SPSS. 12.0 and AMOS 11.0 for windows.

The Management Performances originated from the Competitive Advantages of Korean Tourism Firms (한국 관광기업의 경쟁우위 요인이 경영성과에 미치는 영향)

  • Shin, Kwang Ha;Park, Myung Chan
    • International Area Studies Review
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    • v.15 no.1
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    • pp.135-169
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    • 2011
  • This study is for analyzing the management performances of Korean tourism firms, operating as preparing strategically against FTA which is one of the most importantly external environment in international management since in the middle of 1990s. The main purpose is to test empirically some relations between the management performances and the levels of ownership-specifics advantages of Korean tourism ones. To be exact, the dependent variables of management performances are classified with sales, profits and management satisfaction, while the independent ones of the competitive advantages are sorted with the 5 following factors like marketing, product development, service supply, finance and organization culture. The survey of Korean tourism enterprises engaging in management activities in Korea is implemented by collecting questionnaires. And for testing the hypothesis, the analyzing tools are being used for correlation, reliability, validity, multi regression and the path analysis of structural equation modeling. As a result, Marketing is certified as only common factor to influence three dependent variables of sales, profit and management satisfaction positively.

Partnerships Among Textile Firms in Daegu and Gyeongbuk Regions in Korea (대구·경북지역 섬유업체들의 협력관계에 관한 실태조사)

  • Park, Kwang-Hee;Park, Kyung-Ae
    • Fashion & Textile Research Journal
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    • v.6 no.1
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    • pp.78-84
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    • 2004
  • To regain competitive advantages in the global textile industry the Korean textile firms need to strategically collaborate each other on developing partnership relations. This study, as a first step for developing a futuristic partnership between textile firms, examined the characteristics of current partnership relations among textile firms in Daegu and Gyeongbuk regions. Data were obtained from 163 textile firms in the region by a questionnaire survey. More than a half of the textile firms had a partnership experience in product manufacturing and wanted to have one in product development. Partnerships with firms in the same sub-industry showed the highest frequency even though various pairs were observed. Length of partnership was related with the history and size of the firm but not with partnership performance. Partnership itself affected neither the firm's perception of its competitive power nor the perceived intensity of industry competition.

Alignment between Information Technology Use and Corporate Strategy and Its Impact on Corporate Performance (정보기술의 활용과 기업 전략간의 조화가 기업 성과에 미치는 영향)

  • Sung, Tae-Kyung
    • Asia pacific journal of information systems
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    • v.8 no.1
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    • pp.65-86
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    • 1998
  • This paper empirically examines relationships among corporate strategy, competitive advantage of information technology(CAIT), and organizational performance. Effects of information technology on the linkage between corporate strategy and performance is investigated and CAIT measures suggested by Sethi and King(1994) as well as Sung(1997) are tested for verification. Research results confirm that information technology provides several traits of strategic advantages such as efficiency, threat, functionality, preemptiveness, and synergy and significantly contributes to corporate performance. CAIT measures developed by Sethi and King show strong reliability and validity, Generally, service industry firms show more strong relationship among CAT strategy, and performance than manufacturing industry firms. The findings reinforce the accepted belief that alignment between corporate strategy and CAT is critical for firms to attain sustainable competitive advantage, subsequently enhances corporate performance and competitive position against rivals, potential entrants, substitutes, suppliers, and buyers.

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A Study on a Strategic Plan for Knowledge Management in Construction Companies - Measuring Knowledge Management in Construction Firms - (건설기업의 지식경영 추진 전략 방안에 관한 연구 - 지식경영의 수준 측정을 통하여 -)

  • Park Jae-Hyun;Baik Jonh-Keon;Kim Jae-Jun
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • autumn
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    • pp.252-256
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    • 2002
  • Since early 1990s, construction companies in Korea have tired to adopt knowledge management(KM) which has been emphasized by enterprises in advanced countries and academic researches to sustain competitive advantages. However, concentrations were onto applying KM without measuring current status level of knowledge management in their organizations. Therefore, competitive advantages can hardly meet their prior expectations, still less penetrating into the organizations. As a result, this research presents strategic model measuring organizational status of knowledge management originated by interviews and questionnaires on companies.

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An Integrated Study on Determinants of Performance in Korean Film Industry (한국영화의 흥행성과 결정요인에 관한 통합적 연구)

  • Limb, Seong-Joon;Kim, Joo-Soo
    • Knowledge Management Research
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    • v.12 no.3
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    • pp.1-25
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    • 2011
  • This research empirically examined the determinants of competitive advantages and performance of Korean film industry from 1996 to 2003 over a sample of 396 movies. Especially, the effects of knowledge-based resources, social capital, product differentiation strategy, and market entry strategy on a film performance were hypothesized and empirically tested. Findings of this study are as follows; First, confirming the importance of knowledge-based resources in film industry, both the superior business track records of producers and the superior artistic track records of directors and actors had positive effects on film performance. Second, supporting social capital hypotheses, while the strong ties between directors and producers had positive effects, the strong ties between directors and actors had negative effects on film performance. Third, confirming the importance of product differentiation strategy, genre differentiation against competing films had positive effects on film performance. Finally, confirming the importance of market entry timing, the number of competing films released following a film opening within a week had negative effects on film performance. The findings of this research suggest that producers, directors, and actors are not only the critical knowledge-based resources to create competitive advantages indeed, but the pattern of relationships among them also systematically influences the film performance. Moreover, it is suggested that film performance may be improved by the proper genre differentiation and opening day selection.

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Impact of ERP System Adoption on Corporate Performance in the Korean Listed Company (한국 상장기업의 ERP도입이 기업성과에 미치는 영향에 관한 연구)

  • Choi, Seung Kyu;Park, Joo Seok;Park, Jae Hong
    • Journal of Information Technology and Architecture
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    • v.10 no.2
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    • pp.211-222
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    • 2013
  • The adoption of ERP systems is most important factor for the competitive advantages which can be achieved by the business process improvement of the company. In the Korean business environment, achieving competitive advantages become more important after financial crisis in 2009. The purpose of this study is to analyze the factors (organizational characteristics, number of years after implementing ERP systems) affecting the ERP adoption effect and to suggest the direction for improving this effect. This study presents the organizational characteristics(Strategic alignment, CEO support, changement management effect) affecting the ERP adoption effect and suggest the direction to improve the corporate performance in the ERP systems.

Relationship Management of Multinational Enterprises and its Performance: An Empirical Study of Foreign and Japanese Multinationals (다국적기업의 관계관리와 효과에 관한 실증연구 - 재일외자기업(在日外資企業)과 일계다국적기업(日系多國籍企業)을 대상으로 -)

  • Rha, Hye-Su;Kim, Jung-Uk
    • International Commerce and Information Review
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    • v.10 no.2
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    • pp.391-410
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    • 2008
  • Emphasis on relationship management might be found out from Williamson (1975), who tried to elucidate why an organization exists. According to his transaction cost theory, an organization is established to evade opportunistic actions of the market and build up a hierarchy of value chain. However, judged from the perspective of exchange relationship in a trade, the transaction cost theory was likely to approach to buyer-seller relationship by the mechanism of competition. Therefore, an organization exists to control the competition of the market. Relationship management suggested by relationship marketing focuses on cooperation between buyers and sellers, rather than competition against each other. Relationship management aims to provide a framework for making a market relationship that might become an asset or a resource of the firm. In the process of maintaining and strengthening long-term and cooperative relationship with all stakeholders included customers, suppliers and staff, they continue to create new values. The purpose of this empirical research, by investigating how relationship management of multinational enterprises influences on their competitive advantages and performances, is to suggest that a cooperative relationship established for a long time in the market, so-called quasi-market relationship, substitutes for an organization.

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An Empirical Study on Production Strategy for the Competitive Advantages of Manufacturing Companies (제조기업의 경쟁우위 확보를 위한 생산전략에 관한 실증적 연구)

  • Chae, Byung-Chan;Lee, Kyung-Hwan;Kim, Jong-Weon
    • Journal of Korea Society of Industrial Information Systems
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    • v.13 no.5
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    • pp.7-21
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    • 2008
  • Based on the perspective of power fundamentals and power process, this study empirically investigated the manufacturing strategy which provided competitive advantages for the manufacturing companies in Korea. To do so, this study conducted the survey to chief production officers in Incheon, Kyoungki, and other provinces, and the data was processed by using the SPSS statistical package. According to the study results, the concordance process had positive impacts on the power process and the power process had positive impacts on the organizational performance. This result can provide many implications for the manufacturing companies in Korea.

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Analyzing Tesla's International Business Strategies: A Closer Look at the Korean and Chinese Markets

  • Jiang-Min DING;Eon-Seong LEE
    • The Journal of Economics, Marketing and Management
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    • v.11 no.5
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    • pp.15-27
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    • 2023
  • Purpose: Taking Tesla Motors as a case study object, this research aims to summarize the management strategy of Tesla Motors through an evaluation of its business models in Korea and China then helps other new energy automobile enterprises in formulating strategic directions in a targeted manner. Research design, data and methodology: Using the case study method, this study conducts in-depth research on the business model of Tesla, a representative enterprise of the new energy automobile industry. This study mainly uses secondary data obtained from the official websites to support our research. Results: With its top-level innovative technology, distinctive marketing model, and extensive strategic model, Tesla holds the largest share of the new energy vehicle market. Local market brands such as BYD and Hyundai-Kia still have a considerable competitive advantage, and there is a need to learn from each other for further development. Conclusions: To adapt to the needs of economic transformation and environmental development, implementing business strategies related to new energy automobile enterprises is a topic worthy of study. Enterprises such as BYD and Hyundai-Kia have unique advantages in their home markets. However, as sustainable development progresses, these advantages will gradually weaken, and further measures are necessary to maintain their competitive advantage.