• Title/Summary/Keyword: firm's capability

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The Determinants of International Competitiveness for the Korean Apparel Industry (한국 의류산업의 국제경쟁력 향상을 위한 결정요인)

  • Baek, Young-Ha;Park, Jae-Ok
    • Journal of the Korean Society of Clothing and Textiles
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    • v.32 no.3
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    • pp.474-485
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    • 2008
  • The purpose of this study is to examine the determinants and elements to enhance Korean international competitiveness, employing Porter's(1998) Diamond Model. Half of the 500 leading apparel exporters that were members of the Korea Apparel Industry Association in 2003 were selected as the target of this research. From May to June of 2003, survey questionnaires were sent to executives of these 250 companies in person or by telephone, e-mail, or fax. Seventy questionnaires were used for the final data anlysis. The items used were Reliability, Categorical Regression, and Frequency, using SPSS 11.5. The results were as follows: First, as a result of analyzing the influence of international competitiveness in Korean apparel industry, the firm's strategy, structure, and rivalry was the most influential factor. Others were related and supporting industries, government, chance, demand conditions, and factor conditions. Also, the elements that affect Korean international competitiveness were listed as the level of price competition in foreign markets, the level of labor cost, export marketing capacity, and exchange fluctuation. The most important element to improve the international competitiveness of the Korean apparel industry was a demand growth rate of the overseas markets(Demand Conditions), followed by the level of the labor costs(Factor Conditions), the capability of internationalization(Firm Strategy, Structure, and Rivalry), the change of currency(Chance), the quality and management of products(Demand Conditions), the capability of planning products(Firm Strategy, Structure, and Rivalry), free trade from 2005(Chance), and global sourcing strategy(Firm Strategy, Structure, and Rivalry). Korea's main rival country in apparel related and supporting industry factors is China. However, Korea has a higher level of technology development, quality, and price level than China.

Technology Opportunity Discovery Based on Firms' Technologies and Products (기업의 보유 기술 및 제품에 기반한 기술기회발굴)

  • Park, Hyunseok;Seo, Wonchul;Coh, Byoung-Youl;Lee, Jae-Min;Yoon, Janghyeok
    • Journal of Korean Institute of Industrial Engineers
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    • v.40 no.5
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    • pp.442-450
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    • 2014
  • Technology opportunity discovery (TOD) based on technological capability is a process which identifies new product and technology items that can be developed by utilizing or improving a firm's existing products or technologies. By taking into consideration the investment risk of R&D and its practicality, developing technological capability-based TOD methodology is considered to be important for both business and research. To this end, we propose a technological capability-based TOD method and its system using TOD knowledge base. The method can support four types of TOD cases, which are based on a firm's existing technologies and products, and TOD knowledge base is developed by using function information extracted from patent documents. In this paper, we introduce the overall framework of the method and provide application examples on the four TOD cases using the prototype system.

Dynamic Model for Open Innovation Network (개방형 혁신 네트워크의 동태적 모형)

  • Park, Chulsoon
    • Journal of the Korean Operations Research and Management Science Society
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    • v.40 no.1
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    • pp.5-19
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    • 2015
  • Literatures on open innovation have two major limitations. First, either on a firm level or on an industry level did they analyze the open innovation issues. The results of a firm's innovation can be diffused through the whole network and the firm can learn back from the network knowledge. Prior literatures did not consider the feedback loop among firms and network in which the firms are involved. Second, most open innovation research had a static perspective on firm's innovation performance. Since the diffusion, spill-over and learning among network members are involved over time, the open innovation is intrinsically dynamic. From the dynamic perspective, we can appreciate the fundamental attributes of the open innovation network which involves diverse firms, research institutes, and universities. In order to overcome the limitations, we suggest a dynamic model for open innovation network. We build an agent-based model which consists of heterogeneous firms. The firms are connected through a scale-free network which is formed by preferential attachment. Through the diverse scenario of simulation, we collect massive data on the firm level and analyze them both on firm and industry level. From the analysis, we found that, on industry level, the overall performance of open innovation increases as the internal research capability, absorptive capacity, and learning curve coefficient increase. Noticeably, as the deprecation rate of knowledge increases, the variability of knowledge increases. From the firm level analysis, we found that the industry-level variables had a significant effect on the firm's innovation performance lasting through all the time, whereas the firm-level variables had only on the early phase of innovation.

A comparative study between countries on gender diversity, openness and innovation

  • JOLCHUBEKOVA, Jyldyz;KIM, Jae-Jin
    • East Asian Journal of Business Economics (EAJBE)
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    • v.10 no.1
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    • pp.123-136
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    • 2022
  • Purpose - Diversity subject is rising globally, as the proportion of women in the workforce increased to a large extent and the variety of resources became greater. Diversity attempts have appealed more awareness to the value of female participation in various areas, notably in the boardroom and corporate governance. This study tests the relationships among gender diversity, openness, and innovation, at the firm level across countries from the MOI Survey. Research design, data, and methodology - In this study the relationships among gender diversity, openness, and innovation were investigated at the firm level across countries from the Management, Organisation, and Innovation (MOI) Survey. A cross-cultural analysis was conducted based on the empirical evidence from six countries: Germany, India, Lithuania, Poland, Romania, and Russia. Result - The results show that gender diversity is positively related to innovation performance, moreover openness is positively associated with the level of firm innovation. In addition, a company's capability to use knowledge from outside and the creation of new combinations positively influence a firm's potential to innovate. Conclusion - This study suggests that the more gender-diverse top management team and the higher openness may bring the firm's innovation with greater possibility. the paper encourages more female participation on top management on the grounds of recommending that firms with greater gender diverse top management teams.

Knowledge Sharing within Organization : Research Trends & Challenges (지식공유의 영향요인 : 연구동향과 과제)

  • Park, Moon-Soo;Moon, Hyoung Koo
    • Knowledge Management Research
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    • v.2 no.1
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    • pp.1-23
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    • 2001
  • The ability to share knowledge internally is critical to a firm's capability to gain competitive advantage through the leveraging of a firm's competencies, which are often "imprisoned" and dispersed across it's multiple businesses. The purpose of this paper is to propose knowledge sharing related factors which focus on variables regarding the success of knowledge sharing. To attain this purpose, this paper is structured in four main sections. We examined various concepts of knowledge sharing in the past research. We then briefly discuss about trends of methodological approach from the review of the existing studies. We go on to identify the factors that facilitate or hinder knowledge sharing within the firm. Factors regarding knowledge sharing were identified, analyzed, and summarized. Those factors could be categorize into three dimensions (structural, relational, and knowledge characteristics). Finally, we suggested areas for future research. Implications for the study on knowledge sharing were provided.

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A Comparative Case Analysis of IT Governance Practices : IT Principles Perspective (국내 금융기관의 IT 거버넌스 체계에 관한 연구 : IT 거버넌스 원칙을 중심으로)

  • Kim, Eun-Young;Lee, Jung-Hoon;Lee, Chae-Rin
    • Journal of Information Technology Services
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    • v.11 no.4
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    • pp.51-67
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    • 2012
  • In recent years, research has begun to place greater emphasis on the strategic use of IT in seeking to build firm's capability, thus innovating firm's business value. Many leading firms have been put efforts to formulate and implement IT governance (ITG) structures, processes, and mechanisms for firm's IT activities. However, recent literatures reviews found that ITG framework have been discussed independently rather than in an integrated and on convergent manner failing to provide comprehensive conceptual framework. The objective of this paper is therefore, to develop a conceptual framework that enable to conduct a comparative ITG case studies. The proposed framework, developed by one of author, has extensively applied in real case study to validate its usefulness and also aims to contribute practitioners to understand how well IT principles are formed within the organization as well as corelate with ITG objectives and ITG execution.

The Impact of Information and Strategic Planning Capabilities on Logistics Performance and Competitiveness

  • Lee, Sang-Yoon
    • Journal of Korea Port Economic Association
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    • v.22 no.1
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    • pp.151-173
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    • 2006
  • This paper aims to explore the strategic roles of information and strategic planning capabilities for firms' performance, and to examine the direct and indirect relationships between information capability, strategic planning capability, logistics performance and competitive advantage. The present research adopts resource based theory (RBT) to explore the relationships between a firm's specific capability and its performance and employs structural equation modelling (SEM) in order to test the validation of the measurement models and examine the relationships between construct variables. The current empirical test was conducted using the data collected from logistics managers of 101 Korean electronics companies. The empirical research presents positive influential relationships between (1) information/planning formality capability and strategic planning capability; (2) strategic planning capability and logistics performance; (3) logistics performance and competitive advantage; and (4) competitive advantage and competitive position in the market.

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A Multi-Agent Simulation for the Electricity Spot Market

  • Oh, Hyungna
    • Proceedings of the Korea Inteligent Information System Society Conference
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    • 2003.05a
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    • pp.255-263
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    • 2003
  • A multi-agent system designed to represent newly deregulated electricity markets in the USA is aimed at testing the capability of the multi-agent model to replicate the observed price behavior in the wholesale market and developing a smart business intelligence which quickly searches the optimum offer strategy responding to the change in market environments. Simulation results show that the optimum offer strategy is to withhold expensive generating units and submit relatively low offers when demand is low, regardless of firm size; the optimum offer strategy during a period of high demand is either to withhold capacity or speculate for a large firm, while it is to be a price taker a small firm: all in all, the offer pattern observed in the market is close to the optimum strategy. From the firm's perspective, the demand-side participation as well as the intense competition dramatically reduces the chance of high excess profit.

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Does the Understanding of Core Competencies Matter to IT Outsourcing Performance? (기업의 핵심역량이 IT 아웃소싱 성과에 직접적인 관련이 있을 것인가?)

  • Kim, Young-Jin;Nam, Ki-Chan;Koo, Chul-Mo
    • Journal of the Korean Operations Research and Management Science Society
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    • v.32 no.3
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    • pp.97-114
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    • 2007
  • IT outsourcing providers has been expanded from a single functional system to the entire IT service to gain sustainable competitiveness. This new trend of IT outsourcing need outsourcing management capability based on a firm's core capacity. Hiring external IT service providers to manage part or all of its information-related services helps a firm focus on its core business and provides better services to its clients, thus obtaining sustainable competitive advantage. This research investigates the major factors that determine the level of a particular firm's success at IT outsourcing. Based on process innovation and core-competency theories, we identify three significant components of a firm's IT outsourcing management method (ITOMM): level of core-competency-based management, maturity of outsourced tasks, and maturity of outsourcing management. Comprehensive data collection was conducted through an outsourcing association. The survey data were analyzed using a structural analysis method. Maturity of outsourced tasks and maturity of outsourcing management were found to affect project performance directly, while level of core-competency-based management only indirectly impacted project performance through its positive impact on the other two ITOMM components.

Analyzing for Firm E-business Performance in E-business Management Environment (E-business 경영환경에서 기업의 E-business 성과 분석 연구)

  • Yoon, Chui Young
    • Proceedings of the Korea Information Processing Society Conference
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    • 2015.10a
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    • pp.1295-1298
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    • 2015
  • Many firms have used e-business systems to efficiently perform their business in an e-business management environment. Firms have applied their e-business capabilities to management activities in order to raise the performance of business execution in a global market environment. In this business environment, the analysis and management for the performance of a firm's e-business execution need to efficiently build and improve its e-business capability and competitiveness. This research presents an analysis tool for a firm e-business performance to efficiently manage and improve the e-business performance in this environment. The analysis items for a firm e-business performance are developed and extracted from the major components of a general firm performance in previous studies. The generated analysis items were verified by factor analysis and reliability analysis through a pilot test. The developed twelve items were extracted from twenty items by these analyses. This study developed a 12-item tool that can totally analyze a firm e-business performance in an e-business management environment. The developed tool consists of four analysis factors and twelve items.