• Title/Summary/Keyword: Resource-Based Theory

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Increasing Furniture Manufacturing SMEs' Business Performance Through Absorptive Capacity and Product Quality

  • ONGKOWIJOYO, Gracia;KOESMONO, Teman;WULANI, Fenika
    • Journal of Distribution Science
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    • v.20 no.12
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    • pp.43-57
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    • 2022
  • Purpose: This study discusses the phenomenon of the uncertain sustainability of SMEs in developing countries. SMEs face various challenges in the dynamics of a competitive environment, which threaten their growth and sustainability. This study aims to address a research gap between company's internal resources, in the form of absorptive capacity, and its business performance. By using product quality as a mediator, which has never been studied before, this research presents a novelty to answer the existing research gap using the Resource Based Theory (RBT) perspective. Research design, data and methodology: Using quantitative method, data are collected from 164 respondents, who are owners or managers of furniture manufacturing SMEs in Gerbangkertosusila Area, East Java, Indonesia. The data are analyzed using Partial Least Square (PLS) - Structural Equation Modeling (SEM). Results: The findings show that absorptive capacity has a direct and significant effect on business performance and indirectly through product quality. Conclusion: Furniture manufacturing SMEs are advised to focus on developing absorptive capacity reflected in good product quality, in order to improve their business performance. This is especially important to survive the crisis caused by the Covid-19 pandemic. Thus, the results of this study contribute to the development of RBT, and there are several suggestions for further research.

A Study on the Revitalization Pattern of Industry in Decline: Focusing on Korean Shoe Industry

  • LEE, Kang-Sun;CHOI, Kyu-Jin;KANG, Sung-Wook;CHO, Dae-Myeong
    • East Asian Journal of Business Economics (EAJBE)
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    • v.10 no.4
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    • pp.75-90
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    • 2022
  • Purpose - This study aims to study the activation pattern of declining industries by applying the Gompertz growth model using available resources based on the theory of industrial life cycle, classifying declining industries among Korean manufacturing industries, and identifying resource input characteristics. Research design and methodology - This study was conducted by combining the Gompertz growth model that predicts the limit of output based on available resources under the industrial life cycle theory. Using Gompertz model, this study analyzed the life cycle of 39 Korean manufacturing industries from the perspective of domestic production, number of employees, and fixed assets Results - According to a life cycle analysis of 39 manufacturing industries in Korea, the computer, textile, and shoe industries were classified as declining industries. Among them, research on resource input characteristics on the shoe industry showed that domestic production and the number of employees decreased, while the proportion of domestic R&D personnel and the number of research departments gradually increased. Conclusion - Among the declining industries in Korea, the shoe industry is considered to revitalize the industry, that is, to extend the life of the declining industry by offshoring its production site and improving constitution with a "R&D center for global" support.

The Impact of Ambidextrous Innovation on the Performance and Competitiveness of Start-up Companies: An Empirical Study from Indonesia

  • SIJABAT, Eduard Alfian Syamsya;NIMRAN, Umar;UTAMI, Hamidah Nayati;PRASETYA, Arik
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.1
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    • pp.25-34
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    • 2022
  • Established and new companies face similar business challenges in achieving performance and competitiveness. Furthermore, several empirical studies using competitive advantage resource-based view theory show that established companies achieve performance and competitiveness with breakthrough innovations. Similarly, new business ventures with limited resources must incorporate breakthrough innovations to achieve performance and competitiveness. Therefore, this study aimed to examine the impact of ambidextrous innovation on new venture performance and competitiveness. It used an online survey to collect data from 178 newly established shipping agency companies in 22 provinces in Indonesia. Data was analyzed using multivariate analysis with WarpPLS 7.0, where the analysis unit was an organization represented by a director. The results showed that ambidextrous innovation positively and significantly affects firm performance and new venture competitiveness. This means that ambidextrous innovation that emphasizes adaptation and development improves the firm's internal business processes, even with limited resources. Moreover, it increases new ventures' competitiveness in responding to threats and taking advantage of market opportunities. These results contribute to the competitive advantage resource-based view theory, specifically for new venture empirical examination. Also, they contribute to practical implications in the transportation business, demonstrating that exploitative breakthrough innovation can improve new venture competitiveness and performance.

Efficient Resource Management Framework on Grid Service (그리드 서비스 환경에서 효율적인 자원 관리 프레임워크)

  • Song, Eun-Ha;Jeong, Young-Sik
    • Journal of KIISE:Computer Systems and Theory
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    • v.35 no.5
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    • pp.187-198
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    • 2008
  • This paper develops a framework for efficient resource management within the grid service environment. Resource management is the core element of the grid service; therefore, GridRMF(Grid Resource Management Framework) is modeled and developed in order to respond to such variable characteristics of resources as accordingly as possible. GridRMF uses the participation level of grid resource as a basis of its hierarchical management. This hierarchical management divides managing domains into two parts: VMS(Virtual Organization Management System) for virtual organization management and RMS(Resource Management System) for metadata management. VMS mediates resources according to optimal virtual organization selection mechanism, and responds to malfunctions of the virtual organization by LRM(Local Resource Manager) automatic recovery mechanism. RMS, on the other hand, responds to load balance and fault by applying resource status monitoring information into adaptive performance-based task allocation algorithm.

A Bandwidth a Allocation Scheme based on Bankruptcy theory in Distributed Mobile Multimedia Network (분산 모바일 멀티미디어 통신망에서 파산이론을 적용한 대역폭 할당기법)

  • Jeong, Seong Soon
    • Journal of the Institute of Electronics and Information Engineers
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    • v.50 no.4
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    • pp.246-251
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    • 2013
  • In this paper, it is proposed a bandwidth allocation Scheme based on Bankruptcy theory in Distributed Mobile Multimedia Network. The proposed scheme is guaranteed a minimum allocation. So, the minimum quality of each service are guaranteed. Therefore efficient and fairness network can be configured. The performance evaluation results indicate that the proposed scheme has good performance than other existing schemes by the fairness index and the Erlang blocking formular calculation. The minimum bandwidth of the proposed scheme can be applied to other techniques of a priority based bandwidth allocation scheme and dynamic bandwidth allocation scheme.

IT Manufacturing Companies' Strategies and Performance for Overseas Expansion to Vietnam (IT제조기업의 베트남 진출 전략 및 성과에 관한 연구)

  • Yun, Haejung;Chang, Changwhan;Lee, Choong C.
    • Journal of Information Technology Services
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    • v.16 no.3
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    • pp.1-15
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    • 2017
  • This study is aimed to find out which factors among firm-specific resources, industry-based competition, and institutional conditions affect strategies for Korean IT manufacturing companies when they expand their business overseas, especially to Vietnam in this study. Also, it attempts to reveal which strategies among cost reduction, mass production, and localization affect performance of overseas expansion. Based on Strategy Tripod Theory as an integrating point-of-view embracing resource-based view, industry-based view, and institution-based view, research model was developed and tested through the survey of 83 Korean IT manufacturing companies expanded their business to Vietnam. Research findings show that (1) communication competency, industry competitiveness, industry attractiveness, and regulation of partner country affect cost reduction strategy. (2) International experience, communication competency, international orientation, and competitiveness is significantly associated with mass production strategy. (3) And international experience, communication competency, and industry competitiveness affect localization. (4) Ultimately, mass production strategy and localization strategy significantly increase performance of expansion to Vietnam. The theoretical contribution of this study is to adopt an integrative approach based on strategy tripod theory. As practical implications, it suggests factors and strategies that IT manufacturing companies interested in expansion to Vietnam should consider. In sum, we believe this study can contribute to Korean IT manufacturing industry by suggesting key success factors and appropriate strategies for overseas expansion.

A Study on the Method of Mathematics Education based on Rudolf Steiner's Anthroposophy Education Theory (루돌프 슈타이너의 인지학적 교육론에 기초한 수학교육 방법에 대한 고찰)

  • Kim, Young-Ok
    • East Asian mathematical journal
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    • v.34 no.2
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    • pp.127-154
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    • 2018
  • In the 2015 revised curriculum, "creative and convergent talent prize" was presented as a human resource to be pursued by current curriculum. The core competencies that future talent should have are self-management capacity, knowledge information processing capacity, creative thinking capacity, aesthetic capacity, communicative competence, and community competence. The researcher believes that among the six core competencies, the ability to have more attention today is aesthetic capacity and that mathematics education should pursue it. The mathematical teaching methods based on Rudolf Steiner's anthroposophy education theory is an education that actively raises the aesthetic sensitivity of students. Therefore, this study investigates the features of educational methods based on the Steiner's anthroposophy and examines mathematics education methods based on them.

Petri Nets Based Coordination Component for CSCW Environment

  • Huang Hong Zhong;Zhou Feng;Zu Xu
    • Journal of Mechanical Science and Technology
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    • v.19 no.5
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    • pp.1123-1130
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    • 2005
  • In view of the lack of efficient coordination of interdependent task in the collaborative design system, the mechanisms for temporal and resource coordination problems are established based on Petri Nets, respectively. Both of the mechanisms are encapsulated and implemented in the coordination component so as to increase the flexibility and acceptability of the system. We model the CSCW system based on Petri Nets for simulation, analysis and optimization. A case study on the overhead traveling crane is given to demonstrate and validate our theory.

The Influences of Intellectual Property-based Entrepreneurship on major Entrepreneurial Performance (지식재산기반 창업의 효과 및 시사점: 주요 창업성과에 대한 특허기반 창업의 영향)

  • Chung, Doohee;Lee, Gyungpyo;Shin, Jaeho
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.14 no.3
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    • pp.1-11
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    • 2019
  • Based on the knowledge spillover theory of entrepreneurship(KSTE) and resource based view(RBV), this study examines that how patent based entrepreneurship impacts on improving key performances such as financing, firm innovation, sales, product selling growth, employment. This study which is conducted with data from 353 startup firms indicates that patent based entrepreneurship has positive effects on performance of financing, innovation, product selling growth, and employment. On the other hand, there is no effect of patent-based entrepreneurship on sales performance. This statistical results were the same The results were the same when the independent variables were measured as intensity of patent based entrepreneurship which indicates the rate of patent based product or service among total number of product or service of the startup company.

An Iterative Approach to the Estimation of CO2 Abatement Costs (방향성 벡터 일반화를 통한 이산화탄소의 한계저감비용 연구)

  • Repkine, Alexandre;Min, Dongki
    • Environmental and Resource Economics Review
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    • v.22 no.3
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    • pp.499-520
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    • 2013
  • This study proposes an iterative approach to the estimation of the marginal abatement costs of undesirable outputs by computing the slope of the efficient production possibilities frontier on the basis of the efficient projection points generated by the directional output distance function approach due to Fare et al. (2005) based on duality theory. In case of the latter methodology, the estimated marginal abatement costs differ significantly depending on the choice of the directional output vector. In addition, depending on the curvature of the underlying PPF the efficient projection points may be located at a significant distance away from their actually observed counterparts. While it would be more logical to estimate marginal abatement costs as a PPF slope at a point corresponding to the actually observed emissions level, the methodology based on duality theory is likely to produce unstable results due to the problems associated with applying the theorem of implicit function differentiation. Since our methodology is not based on duality theory, our results are immune to both of these problems. We apply our methodology to a sample of Western European countries for the period of 1995-2011 to illustrate our approach.