• Title/Summary/Keyword: Firm

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The Impacts of IT Capability on Firm Performance (정보기술 능력이 기업 성과에 미치는 영향 관계)

  • Kim Gi-Mun
    • The Journal of Information Systems
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    • v.15 no.2
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    • pp.195-226
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    • 2006
  • The purpose of this study is (1) to develop a conceptually integrated model of IT capability comprising hierarchically structured lower capabilities, and (2) to investigate the impacts of IT capability on firm performance. To do this, the study defined IT capability as a third-order factor model and identified three conceptual dimensions of IT capability IT resource integrating capability, IT infrastructure flexibility, and IT personnel expertise. The relationships between IT capability and firm performance are assessed with 243 firm level data using LISREL. The results of confirmatory factor analysis (CFA) demonstrated that the constructs is highly reliable and valid. Further, we found that IT capability not directly but indirectly affects firm performance through the impacts on business processes.

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MNCs R&D Subsidiary Strategy : Focusing on Technology Firm Patent Performance (다국적기업의 R&D 자회사 전략 : 기술기업 연구개발 특허성과를 중심으로)

  • Kim, Ji Yeon
    • Journal of Information Technology Applications and Management
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    • v.24 no.4
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    • pp.13-24
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    • 2017
  • This study aims to analyze which subsidiary configuration strategy is more effective under uncertainty especially technology base multinational corporations (henceforth MNCs). In previous studies real option theory scholars argue that high breadth subsidiary configuration is most effective strategy because that provides flexibility to MNCs global network. In this study I want unveil more various types of uncertainty such as technology and learning uncertainty which are more important for technology base firm and further more examine the effect of MNCs subsidiary configuration on firm R&D performance each uncertainty case. Empirical study is performed by negative binominal model based on Japanese 108 multinational corporations. The result shows that under technology uncertainty, high breadth subsidiary configuration is better for firm R&D performance but under learning uncertainty high depth subsidiary configuration is better. Thus, the effects of MNCs subsidiary configuration on firm value can differ by types of uncertainty.

기업경쟁우위 분석의 개념적 모형개발

  • 이국철;전성현
    • Korean Management Science Review
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    • v.6 no.2
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    • pp.73-88
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    • 1989
  • This paper presents a model for analyzing a firm's competitive position. The model utilizes M. Porter's Value Chain concept and develops a framework for analyzing a firm's cost structure and identifying the sources of a firm's competitive advantage. The paper first discusses the nature of a firm's competitive advantage and identifies different types of competitive advantage a firm can pursue. The paper then introduces the concepts of cost driver and its linkage as a new way of examining organizations, and develops a model for analyzng a firm's competitive advantage. Next, it illustrates detailed procedures of the model by applying it into a real world organization, and draws some strategic implications for the organization. Finally, the paper discusses the limitations of the research and suggest future related research.

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Guaranteed Dynamic Priority Assignment Schemes for Real-Time Tasks with (m, k)-Firm Deadlines

  • Cho, Hyeon-Joong;Chung, Yong-Wha;Park, Dai-Hee
    • ETRI Journal
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    • v.32 no.3
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    • pp.422-429
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    • 2010
  • We present guaranteed dynamic priority assignment schemes for multiple real-time tasks subject to (m, k)-firm deadlines. The proposed schemes have two scheduling objectives: providing a bounded probability of missing (m, k)-firm constraints and maximizing the probability of deadline satisfactions. The second scheduling objective is especially necessary in order to provide the best quality of service as well as to satisfy the minimum requirements expressed by (m, k)-firm deadlines. We analytically establish that the proposed schemes provide a guarantee on the bounded probability of missing (m, k)-firm constraints. Experimental studies validate our analytical results and confirm the effectiveness and superiority of the proposed schemes with regard to their scheduling objectives.

The relationship between internal marketing and incremental innovation in small business (중소기업에서의 내부마케팅과 구성원들의 점진적 혁신의 관계에 대한 연구)

  • Ahn, Kwan-Young
    • Journal of the Korea Safety Management & Science
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    • v.13 no.4
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    • pp.171-177
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    • 2011
  • This paper reviewed the relationship between internal marketing and incremental innovation, and the moderating effect of firm size. The results of hierarchical multiple regression analysis, based on the responses from 322 employees in small business, showed that almost internal marketing factors effects positively on incremental innovation. All internal marketing factors(CEO support, compensation system, education & training, internal communication, authority delegation) appeared to be related positively with process innovation and service innovation. And all other factors(compensation system, education & training, internal communication, authority delegation) except CEO support showed to have positive relationship with operation innovation. In the moderating effects, internal communication effects more positively on incremental innovation in large firm-size than in small firm-size. But delegation effects more positively on incremental innovation in small firm-size than in large firm-size.

Performance Evaluation of A-FIRM and BK-FIRM (개선된 BK-퍼지정보검색모델(A-FIRM)과 BK-퍼지정보검색모델(BK-FIRM)의 성능 평가)

  • 김창민;김용기
    • Proceedings of the Korean Institute of Intelligent Systems Conference
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    • 1998.10a
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    • pp.498-503
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    • 1998
  • 퍼지관계 개념을 응용한 BK-퍼지정보검색기법은 형태론에 입각하는 기존의 정보 검색기법과는 달리 문서와 용어의 상대적 의미에 근거하는 정보검색 기법이다. 그러나 BK-퍼지정보검색기법은 높은 시간복잡도(time-complexity)의 검색 연산을 내재하고 있어 실제 대용량의 정보 검색은 사실상 불가능하다. 본 논문에서는 BK-퍼지정보검색모델(BK-FIRM)의 높은 시간복잡도를 낮추기 위해, 용어집합의 부분집합으로서 그 원소 개수는 상수처럼 작용하는 축소용어집합(reduced term set)을 이용한 개선된 퍼지정보검색모델(A-FIRM)을 제안하고 실제 이를 처리시간과 신뢰도 측면에서 분석 및 비교한다.

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Firm Heterogeneity and Location Choice: The Case of South Korean Manufacturing Multinationals

  • Han, Jae-Joon;Lee, Hongshik;Lee, Insu
    • East Asian Economic Review
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    • v.16 no.4
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    • pp.315-331
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    • 2012
  • Previous studies of location choice have focused on country-level data more than firm-level data and been more concerned with host countries' distinctive features than with firm heterogeneity. Therefore, they do not answer the question of who will go where in terms of location choice. To analyze the role of firm heterogeneity in determining location choice, we develop a theoretical model and analyze data on 3,644 Korean manufacturing multinationals operating in 87 countries between 1982 and 2006. The results of our conditional logit analysis indicate that not only host country characteristics but also firm heterogeneous factors such as productivity, labor intensity, and size have considerable influence on the decision of where to locate FDI.

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Firm Size, Networks, and Innovation: Evidence from the Korean Manufacturing Firms (기업규모, 네트워크, 그리고 기술혁신: 우리나라 제조업에 대한 실증 분석)

  • 성태경
    • Journal of Technology Innovation
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    • v.13 no.3
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    • pp.77-100
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    • 2005
  • This paper analyzes the determinants of firm's innovative activity, using Korean Innovation Survey (KIS) dataset. Especially, we focused on the role of external networks by partners(other firms or research institutions) in performing innovative activities. The product innovation, product improvement, and process innovation are used as proxies for innovative activity. The explanatory variables such as market concentration ratio, lagged profitability, foreign ownership, export ratio, firm's age, formal R&D activity, and industrial R&D intensity are also considered. With data from 1,124 firms for the two years (2000-2001), we estimated the logistic regression model. The finding is that the determinants of firm's innovative activities differ by type of innovations. We also found that the innovative behavior of SMEs differs from that of large firms. The result confirms that external networks have a strong positive effect on innovative activity. However, the network effects by partners vary across both firm size and type of innovations.

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The Relationship between Managerial Overconfidence with Firms Value: Evidence of vehicle and parts manufacturing industry

  • Dashtbayaz, Mahmoud Lari;Mohammadi, Shaban
    • The Journal of Economics, Marketing and Management
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    • v.4 no.3
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    • pp.1-6
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    • 2016
  • The purpose of the present study is to investigate the relationship between Managerial overconfidence and vehicle and parts manufacturing firm value of the listed companies on the Tehran Stock Exchange (TSE). The population includes 25 firms selected through systematic sampling. The data is collected from the audited financial statements of the firms provided by TSE's website from 2010 to 2015. In this study the variables, Overconfidence based on earning per share (OEPS), Overconfidence based on capital cost (OCC) has been used to investigate Managerial overconfidence. The results of multiple linear regression analysis show that there is a significant relationship between Overconfidence based on earning per share (OEPS) and firm value. In addition, there is a significant relationship between Overconfidence based on capital cost (OCC) The present research examined the relationship between Managerial overconfidence and vehicle and parts manufacturing firm value of the listed in Tehran Stock Exchange. The results of multivariate regression accepted two the hypotheses of the research. There is a significant relationship between Managerial overconfidence and vehicle and parts manufacturing firm value.

Endogenous Growth and Firm Value of Venture Companies (벤처기업의 내생적 성장이 기업가치에 미치는 영향)

  • Bae, Gi-Su;Cho, Hee-Jae;Sawng, Yeong-Wha
    • The Journal of the Korea Contents Association
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    • v.12 no.10
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    • pp.430-438
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    • 2012
  • This study researches the correlation between the firm value, which can be represented as Tobin's Q in this paper, and other financial information. The research is based on the financial statistics of KOSDAQ-listed Venture manufactures, which is comprised of the venture businesses group and the general group. The multiple regression, the correlation test tool, shows the R&D expenditures and tangible assets have the positive relation with the firm value while training expenses and the return on assets have the negative one. More specifically, R&D expenditures and total assets have the affirmative relations with the firm value among the venture businesses, whereas tangible assets, advertising expenses, and training expenses have the negative ones. The positive correlation between total assets and the firm value of venture business, shows that the volume of intangible assets impacts on the firm value of venture businesses. It also reflects the features of venture businesses highly relying on the technology development. The results are summarized as follows: First, The R&D expenditures and firm value have been positively correlated in the KOSDAQ-listed companies. Second, total assets and firm value has the positive correlation in the venture businesses.