• 제목/요약/키워드: business innovation strategy

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Note on Debate over Relationship Between Business Model and Strategy

  • PARK, Kyoo-Ho
    • 동아시아경상학회지
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    • 제10권4호
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    • pp.39-45
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    • 2022
  • Purpose - This short paper reviews the debate dealing with the relationship between strategy and traditional strategy approach on the one hand, and business models and new business model approach on the other hand and tries to offer useful direction to be more helpful to theoretical discussions. Research design, data, and methodology - This paper makes a theoretical analysis to explain the confusion surrounding the debate, reviewing mainly literature survey papers and finds theoretical conjecture and its limitations in order to present useful direction to the future theoretical work. Result - In order to comprise its diversity, business model studies should consider the characteristics of each firm, sector, and market. Adding further elements which are related to each sector or market, theoretical studies can capture the diverse phenomena related to business model and business model innovation. Conclusion - The traditional strategy perspective can be utilized to the Business model phenomenon in the case of incumbent firms and non-digital sector and existing markets. Meanwhile the new business model perspective can be utilized to business model phenomena in case of start-ups and digital sector and emerging markets. Reconciling two perspectives, the studies dealing with the business model should focus on the characteristics of firms, markets, and knowledge from the perspective of business model innovation.

Service Innovation Strategic Consensus: A Lesson from the Islamic Banking Industry in Indonesia

  • MUAFI, Muafi;DIAMASTUTI, Erlina;PAMBUDI, Argo
    • The Journal of Asian Finance, Economics and Business
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    • 제7권11호
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    • pp.401-411
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    • 2020
  • This study aims to analyze the agreement of service innovation using contingency approach (manager personality, organizational structure) moderated by leadership agility. The study has been carried out on Islamic banking companies' managers in Indonesia, from East Java and Yogyakarta region using purposive sampling technique with questionnaire and interviews as the method of data collection. The total number of respondents in the sample is 184. This sample is then analyzed using Euclidience Distance Simple Regression and Simple Regression Moderation method. The results prove that: (1) there is a partial fit between incremental strategy with reactive personality and mechanical organizational structure, which increases the service performance; (2) there is a partial fit between radical strategy with proactive personality and organic organizational structure, which increases the service performance; (3) leadership agility is able to strengthen the fit of the relationship between incremental innovation strategy and reactive personality toward service performance; (4) leadership agility is able to strengthen the fit the relationship between radical innovation strategy and proactive personality toward service performance; (5) leadership agility is able to strengthen the fit of the relationship between incremental innovation strategy and mechanical organizational structure toward service performance; and (6) leadership agility is able to strengthen the fit of the relationship between radical innovation strategy and organic organizational structure toward service performance.

6 시그마 방법론을 활용한 부동산업 경영혁신: 전략수립과 핵심성공요소 도출을 중심으로 (Management Innovation of Real Estate Business using Six Sigma Methodology: Strategy Planning and Critical Success Factors)

  • 이영석;박성현;조병준
    • 품질경영학회지
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    • 제32권3호
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    • pp.216-233
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    • 2004
  • The real estate management includes not only the brokerage, property management, development, investment and consulting which are related to real estate handling, but also the human resources who deal with the real estate business. The level of management quality of Korean real estate business is rather poor. This paper deals with management innovation of real estate management using Six Sigma methodology The main focus of this Paper is to develop strategy Planning, and is to select critical success factors for each strategy to make an advanced management system for real estate business. This paper is a case study, and the target company for this innovation is ERA-Korea Company. Seven strategies are proposed, and for each strategy several critical success factors are suggested. Through this case study, the authors hope that a management quality model for real estate business is proposed, and an improved management method can be adopted in the other real estate companies.

An Empirical Study on the Performance of Software Company with Software Type

  • Jang, Sung-Hee;Lee, Dong-Man;Choi, Moon-Jong
    • Journal of information and communication convergence engineering
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    • 제9권2호
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    • pp.135-140
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    • 2011
  • The purpose of this study is to examine the factors influencing performance of software companies. This model tests various theoretical research hypotheses related to innovation, standardization and technology marketing strategy and software type. Smart PLS (Partial Least Square) 2.0 and SPSS 15.0 have been utilized for deriving the study results. The result of hypothesis testing is as follows. First, standardization and technology marketing strategy positively influence financial performance. Second, innovation, standardization and technology marketing strategy positively influence technical performance. Finally, mobile and non-mobile software companies was shown that innovation, standardization, and technology marketing strategy has different effects to financial and technical performance.

Analysis on the innovation pattern by major industry in Korea

  • PARK, Kyoo-Ho
    • 동아시아경상학회지
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    • 제7권4호
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    • pp.51-58
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    • 2019
  • Purpose - This paper aims to analyze the difference of technological innovative pattern by industry. Research design and methodology - we try to identify the major factors which can exert an effective influence on actual innovation output, utilizing the result of Korean Innovation Survey. By doing so, this work can make a comparison with Pavitt (1984) and succeeding discussion on sectoral pattern of innovation Results - Analysis on major industry in Korea shows that there are substantial differences in terms of the source of innovation, organization-related factor, and appropriation mechanism among each industry, and differential strategy to be proper for the nature of each industry is needed. There is some variation within industries which deemed as same type of sector defined by Pavitt. Conclusions - This analysis call for elaborate analysis on sectoral pattern of innovation, considering the change and difference of innovative environment as well as differential business strategy and way to do innovate, which is proper considering the nature of innovative pattern in each industry for successful technological innovation in Korea. At the same time, proper policy measure considering the differential pattern of technological innovation is needed.

벤처기업의 오픈이노베이션: 외부 지식 탐색 전략과 한국 제조업의 혁신성과 (Open Innovation in Venture Firms: the Impact of External Search Strategy on Innovation Performance of Korean Manufacturing Firms)

  • 채희상;최윤영;허은지
    • 벤처창업연구
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    • 제9권1호
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    • pp.1-13
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    • 2014
  • 본 연구에서는 기업의 외부 지식 탐색 전략과 혁신활동 성과의 관계를 규명하였다. 광범위하고(external search breadth) 심도 있는 (external search depth) 외부 지식 탐색 전략이 제품혁신에 긍정적인 효과가 있다는 것을 밝힌 기존 연구를 확장하여, 혁신의 또 다른 중요 유형인 공정혁신과 조직혁신에 미치는 영향을 함께 살펴보았다. 특히, 외부 지식 탐색 전략이 혁신에 어떠한 영향을 미치는가를 벤처기업과 비벤처기업으로 구분하여 한국 기술혁신조사(KIS) 2010년 제조부문 자료를 사용해 실증적으로 분석하였다. 비벤처기업의 경우 광범위한 외부 지식 탐색과 심도 있는 외부 지식 탐색은 제품, 공정, 조직혁신활동 성과에 모두 긍정적 영향을 미치는 것으로 분석되었다. 반면 두 가지 외부 지식 탐색은 벤처기업의 조직혁신활동 성과에는 긍정적인 영향을 미쳤으나, 제품혁신과 공정혁신활동 성과에 있어서는 심도 있는 외부 지식 탐색만이 긍정적 영향을 미친다는 결론을 도출하였다.

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선행 디자인 혁신 전략이 기업 성과에 미치는 영향 (The Effects of Advanced Design Innovation Strategy on Business Performance)

  • 김용욱;송인암;황희중
    • 유통과학연구
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    • 제11권10호
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    • pp.27-36
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    • 2013
  • Purpose - This paper empirically studies the effects of advanced design innovation strategy on business performance, to investigate manufacturing industries that can develop design-driven-innovation strategies. Many researchers now recognize the importance of design in a CEO's decision-making process. To analyze these effects, this study deduces the definition of advanced design strategy by reviewing existing studies. The advanced design is a strategy that is applied to improve business performance instead of the appearance of a product for increasing its sales. In terms of business processes, the advanced design strategy is defined as the incorporation of business activities prior to the development of the product, to offer new experiences and values to users, from those designs. Research design/data/methodology - This paper establishes a model for empirical analysis. In this study, we derived factors of the characteristics of advanced design based on previous studies. We tried to investigate whether advanced design innovation strategy and entrepreneur's characteristics could have any impact on business performance. At the same time, we tried to find out the moderating effect of entrepreneurs' characteristics. The advanced design is made up of three elements: precedence, integration, and immersion of design activities. These three elements are independent variables for the model. The dependent variables are: increased rate of sales, R & D performance, and public image of the company. Specifically, this study establishes a CEO's characteristics as a moderating variable between the independent and dependent variables. Results - We proved that the level of entrepreneurs' characteristics has a moderating effect on the business performance. The findings of this study offer the following theoretical implications. The precedence of design activities positively affects the increased rate of sales by offering new experiences to users and creating new values. The integration of design activities also has a positive effect on the R&D performance. In addition, the immersion of design activities positively influences all the elements comprising business performance. The analysis of moderating variables elucidates that CEO's characteristics have a moderating role between precedence, integration, and immersion of design activities, and business performance. Conclusions - The practical implications of the study are as follows. This study contributes to the progression of advance design theories by conducting an empirical study on the advanced design concept. More importantly, the empirical study on the CEO group seeking exploratory innovation supports Verganti's "design-driven innovation" concept, according to which design can make innovation successful by offering useful values to users, as evident in the case of many innovative companies, such as Nintendo and Apple. Future studies need to investigate the reliability of practical examples, including the various activities of business. We suppose that there may be real differences between the results of this study and the applicative situation in the presence of a CEO group.

모범사례기업 조직문화가 작은기업의 기술혁신에 미치는 효과 (Best Practice Organizations Cultural Effects on Innovation in Small Company)

  • 정경식
    • 산업융합연구
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    • 제13권3호
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    • pp.41-56
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    • 2015
  • People have relatively continuous and stable characteristic and it can help understand personal attitude and behavior. As individual has individual personality and society has culture, in case of organization, there is organization culture that means unique cultural characteristic. And as if we need to know culture of that society to understand individual, we need to know organization culture of that organization to understand any organization. The reason why organization culture is acknowledged as modern theory of business management is-modern company has proposed management innovation, organization activation, company transformation, and company reprogramming as management strategy to cope actively with various and quickly changing environment that modern company face-that organization culture and management innovation, that is, the concept of new business management is highlighted for means and tools to solve such problems. Seeing contemporary situation, although organization culture of small company is being improved by management innovation, cause and effect that organization culture affect technique innovation still insufficient. The meaning of this research is, through a good example of organization culture, providing reason that efficient organization culture affect technique innovation of small company(medium and small company) and making people understand why this effect occur. Through this, I want to provide strategy and policy implication of company.

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중소기업의 가치혁신역량진단과 혁신전략 설정에 관한 연구 -가치혁신툴(VIQ)의 활용을 중심으로- (The study on the Diagnosis of SMEs Innovation Capability for the Value Innovation and Innovation Strategy -Focused on the Utilization of the VIQ(Value Innovation Quotient)-)

  • 이원일
    • 한국산학기술학회논문지
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    • 제16권3호
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    • pp.1824-1831
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    • 2015
  • 본 연구에서는 가치혁신역량 진단툴(VIQ)를 활용하여 중소기업의 가치혁신역량을 진단하고 조직혁신전략의 방향을 설정한 사례를 고찰하여 시사점을 도출한다. 조직내 가치혁신을 이루기 위하여 조직내 가치혁신역량이 어느 정도 되는지 측정하는 툴이 바로 가치혁신역량 진단툴인 VIQ(Value Innovation Quotient)이다. 조직내에서는 이러한 가치혁신툴을 통하여 조직혁신역량을 진단하는 것을 넘어서 조직혁신 방향을 설정할 수 있다. 본 연구에서는 이러한 진단툴을 활용하여 실제로 대덕특구 내에서 성장하고 있는 IT기업을 선정하여 분석하고 이를 바탕으로 혁신전략을 수립한다. VIQ결과를 반영하여 혁신전략은 3가지로 도출되었다. 첫째, 급변하는 외부환경에 대응하기 위하여 비즈니스 인텔리스전스 활동 및 시나리오 플래닝 등 유연한 전략계획 체계를 구축한다. 둘째, 의사결정 차원에서 신속한 의사결정 체계를 구축한다. 셋째, 이러한 전략실행의 기반이 될 수 있도록 유연한 조직체계를 구축한다. 즉, 임파워먼트 및 유연한 의사소통체계를 구축한다. 본 기업분석 사례와 같이 변화와 혁신의 중요성은 많은 기업이 인지하면서도 이러한 변화와 혁신의 잠재력을 측정하기는 쉽지 않으나 VIQ를 활용하여 기업의 현재 혁신역량을 진단하고 향후 대응방안을 모색할 수 있다.

혁신적 전략기업 형성을 위한 기업문화의 역할 (Role of corporate culture in shaping up innovative, strategy-driven corporation)

  • 이원창;서의호
    • 한국경영과학회:학술대회논문집
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    • 한국경영과학회 2000년도 추계학술대회 및 정기총회
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    • pp.22-25
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    • 2000
  • With the dawn of the 21st century, the corporate business environment started to witness the unprecedented, intense competition on global basis. As a result, the kind of corporate business activity that can respond swiftly to the new changes emerged as one of the most critical factors to increase corporate competitiveness. Being reborn as a strategy-focused organization means seeking innovation. And the strategy not involving innovation is just meaningless. It is this innovation that lies at the heart of the corporate strategy, and that is the only way for continuation of the corporation. The most important pending issue facing companies today is to bolster corporate competencies fit for new business environment, to develop corporate culture required for getting competitiveness edge back, and ultimately to put the company on the continued growth path. Corporate culture, as the very underlying belief and philosophy, is not just woven into the fabric of the corporate management strategy and into the way the company is doing its business. It also, as a regulation and norm for its employees to stick by, affects the way they think and behave. This paper aims at presenting the role of the corporate culture in working out problems encountered by companies today, like corporate innovation, instilling vitality to the organization, beefing up the underlying corporate capabilities, and making transformation required by the changing business environment.

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