• Title/Summary/Keyword: foreign market entry strategies

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한국기업의 아프리카 진출 성과에 관한 연구 (A Study on Performance of Korean Corporations Market Entry to Africa)

  • 안규환;박종돈
    • 통상정보연구
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    • 제15권2호
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    • pp.49-69
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    • 2013
  • 아프리카는 석유가스를 비롯한 각종 광물자원의 보고로서 자원의 확보는 물론 향후 신흥시장 선점, 외교적 영향력 확대라는 측면에서 다방면에서의 진출이 필요하다. 아프리카의 전략적 가치를 고려할 때 아프리카 시장은 무한한 잠재력을 가진 지역이며, 자원이 빈곤한 우리나라로서는 적절한 시장진입 전략 선택과 성과에 대한 올바른 평가가 매우 중요하다. 이에 본 논문은 한국기업의 수출환경특성-아프리카 진출전략-기업성과 간의 인과관계분석을 통해 아프리카 진출 성과를 분석하고자 하였다. 분석 결과, 해외시장진입 전략 요인 중 해외시장진입시기, 기업의 경쟁전략, 마케팅 전략은 기업성과에 유의한 정(+)의 영향을 미치는 것으로 나타났다. 따라서 아프리카 시장에서 기업이 성과를 향상시키기 위해서는 아프리카 시장 특성에 맞는 집중화 및 세분화 전략, 마케팅 전략이 필요하다.

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스마트콘텐츠 기업의 시장진입 전략에 관한 연구 (A Study on Market Penetration Strategy for Smart Contents Providers)

  • 이철선;김종호
    • 디지털산업정보학회논문지
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    • 제8권4호
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    • pp.263-272
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    • 2012
  • Lately, as domestic smart phone users exceeds 10 millions, Korea entered into real smart era in which smart contents market grows very quickly. One of feature for smart contents market is that there is few entry barrier for market penetration. So, it is essential for domestic digital contents providers to transform existing digital contents into smart contents to protect the entry of foreign firms into domestic market and to take advantage of opportunities to advance to foreign contents markets. The objective of this study is analyzing strategies of abroad companies which has penetrated into smart contents market successfully and classifying them systematically and the way to execute the proposed strategies. Future works of companies and governments to expand smart contents markets can be summarized as follows. First, they must prepare reliable data to elicitate proper market penetration strategies. Second, it is highly desirable to fuse contents industry and culture industry together. Third, it is urgent to formulate policies to promote SOHO contents companies.

한국기업의 중국 물류시장 진출전략에 관한 연구 (A Study on the Korean Companies' Entry Strategy in China Logistics Market)

  • 최석범
    • 통상정보연구
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    • 제11권2호
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    • pp.83-110
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    • 2009
  • China's logistics industry is an growing one at a very higher rate, owing to the rapid expansion of the country's industrial base and the rise of domestic consumer markets. Essential to the development of china's economy, policy makers have paid constant attention to the logistics sector which is attracting growing volumes of both foreign and domestic investment. The inefficiencies are exacerbated by a number of factors such as transportation bottlenecks, regulatory constraints and local barriers to entry. Foreign and foreign-invested logistics companies have typically cornered the express delivery (for example DHL, FedEX), sea freight forwarding and specialized logistics services (for example Hanjin Shipping). The purpose of this paper is to contribute to the activation of Korean companies' entry into China's logistics market by studying the strategies and types for Korean companies enter into China's logistics Market.

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유럽기업들의 아시아시장 초기진입 전략에 관한 연구 -독일기업을 중심으로- (The Study of success factors of Korean Market for entry strategies of foreign companies)

  • 김진숙
    • 한국산학기술학회논문지
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    • 제12권10호
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    • pp.4314-4321
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    • 2011
  • 본 연구의 목적은 유럽 기업들의 아시아시장 진출 및 확장단계에서의 기업전략을 유럽의 대표적인 수출국가인 독일 기업들의 아시아시장 초기진입전략을 통해 살펴보고 진출대상국가로서의 한국시장이 제공하는 장, 단점을 알아보도록 한다. 더 나아가서 타 외국기업들의 한국에 대한 투자를 증가시킬 수 있는 방안을 제시하고자 한다. 이를 위해 제 2장에서는 독일기업들이 아시아시장 진입전략에 대한 이론적 배경을 살펴보고 제 3장에서는 연구방법 그리고 제 4장에서는 사례분석을 하였다. 제 5장에는 결론과 시사점으로 되어있다.

전자상거래 산업의 해외 진출 결정요인에 관한 실증적 연구 (An Empirical Research for the Critical Factors on International Market Entry in Electronic Commerce Industry)

  • 김정욱;홍성태;이동일
    • 품질경영학회지
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    • 제29권3호
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    • pp.18-38
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    • 2001
  • This paper attempts to identify variables which affect Korean electronic commerce(EC) venture's strategies for the international market entry decision making. Especially in the perspective of quality management perspective, it is highly relevant question which factors are critical when the industry has high technology driven characteristics such as EC, product quality related factors or environmental factors. Technology competence, operational competence, local marketing competence, psychological barriers, domestic competition level, and local infrastructure level are included to generate the explaining model for international market entry decision. The result is that the higher technology competence and local marketing competence are the significant factors. The higher the perception in these factors, the higher the intention to enter the international market in EC industry. These factors play a pivotal role in determining to go abroad the foreign EC market. Our finding implies that the subjective confidence on quality of EC solution(technology competence) and venture's capability of maintaining it(local marketing competence) are the important factors, when EC ventures make the decisions to enter the foreign markets.

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Dynamics of Global Distribution after Initial Entry

  • Park, Young-Eun
    • 유통과학연구
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    • 제15권12호
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    • pp.5-19
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    • 2017
  • Purpose - This study involves the following questions: "Does internalization theory fully explain reality?" and "Which additional factors may add extra value to the theory?" To answer these, this study divides market entry mode into two steps, initial and subsequent and then, focuses on the subsequent distribution step; that is, the post-entry strategy after initial entry. In addition, this study relies on finding strategic orientations that affect the decision of post-entry into foreign markets. Research design, data, and methodology - To investigate this, this study examines 252 cases of Korean online games for each foreign market and the distribution mode at the product-team level. Results - The result shows that companies use different distribution strategies as a post-entry mode, like licensing, or joint distribution rather than exclusive distribution, through subsidiaries even if they already have wholly owned local subsidiaries which have enough experience and resources to select the entry modes among various types and then provide full commitment and control. Additionally, it finds that strategic orientation affects post-entry strategies differently. Conclusions - Therefore, this study is noteworthy and significant, as it practically extends the existing theories such as an internalization and distribution for decision making regarding the overseas expansion of entertainment businesses.

Chinese Market Entry Strategies of Korean Food Franchisor: Case of TheBorn

  • MOON, Jong Hyun;PARK, Hyunjun
    • 융합경영연구
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    • 제9권5호
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    • pp.27-37
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    • 2021
  • Purpose: By foreshadowing the historical background and cultural influence of Korean food and economic development in China, this paper demonstrates Chinese market entry strategies taken by TheBorn with its company history and CEO's background. Research design, data and methodology: The eclectic paradigm was utilized to analyze ownership, localization, and internalization advantages for TheBorn's first entry into the Chinese market. The research answers how TheBorn could expand its business in the early 2000s while most were skeptical about the globalization of Korean food. Results: First, possessing various restaurant franchises, food patents, and developments, and media use enabled to achieve a strong ownership advantage. Second, the Chinese market is conveniently located in South Korea. Thus, TheBorn could exercise direct management to its overseas restaurant to maintain the food quality and service. Lastly, establishing a sauce manufacturing plant and its branch company accelerated further expansions to other Chinese cities. Conclusions: Based on those success factors, TheBorn extended its business into different cities in China and emerged as a franchisor giant in the Korean restaurant franchise industry.

국내시장지향 벤처와 해외시장지향 벤처의 특성 비교 (Comparison of the Characteristics between Domestic New Ventures and International New Ventures)

  • 박상문
    • 기술혁신학회지
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    • 제8권2호
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    • pp.809-831
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    • 2005
  • This paper explores the difference between domestic new ventures(DNV) and international new ventures (INV). New ventures pursue business opportunities in their target markets armed with experienced founding team, distinctive competitive strategies, and different entry time at foreign market. As a result, INVs were founded by larger number of founding team and more experienced in international business. Also INVs enter earlier global market and pursue business opportunities than DNVs. in In terms of competitive strategy, INVs highlight continuous quality improvement and diverse customers compared to DNVs focused on intellectual property rights. INVs get higher profitabilities in financial performance. Finally, this paper suggests some managerial implications for new venture to explore business opportunities in the global markets.

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Chinese Construction Market for Foreign Construction Enterprises using SWOT

  • Zhi, Wang En;Woo, Moon Sung
    • Journal of Construction Engineering and Project Management
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    • 제4권2호
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    • pp.23-30
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    • 2014
  • The remarkable growth of China's economy over the past several decades has obtained tremendous achievements. The construction industry play a leading role un this rapid economic expansion. And China's huge construction market gives it great economic influence around the world, it has attracting many enterprises to entry, although many enter barriers and market risks exist. However many construction enterprises have not doing well, especially foreign construction enterprises are not doing as well as we thought in the Chinese construction market. Although China's construction market has great development and become increasingly open, foreign investors and contractors now have much broader access to the Chinese construction market than before. But nonetheless, there are a wide range of practical problems that bring potential risks for them to invest in China. This paper aims to identify foreign construction enterprises' position by understanding the local market environment, and adopt he SWOT analysts Identifies the foreign construction enterprises' strengths, weaknesses, opportunities, and threats in the Chinese construction market, to Proposes appropriate Strengths-Opportunities (SO), Weaknesses-Opportunities (WO), Strengths-Threats (ST) and Weaknesses-Threats (WT) strategies to make the foreign construction enterprises movling forward.

외식기업의 해외 시장 진입 방식 결정요인에 관한 연구 (A Study on the Determinants of Entry Mode in the Overseas Market for Food Service Enterprises)

  • 이진;한경수
    • 한국조리학회지
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    • 제16권4호
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    • pp.15-27
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    • 2010
  • 세계의 많은 기업들이 세계 시장을 목표로 다국적 경영 활동을 전개함에 따라 외식기업도 해외 시장 진출에 박차를 가하고 있다. 그러나 많은 외식기업들이 시장 조사 및 진입 전략, 마케팅, 현지화 등 경영 전략을 장악하지 못하므로 인해 실패를 거듭하고 있다. 따라서 본 연구는 해외 진출할 때 고려되는 여려 가지 요인을 종합하여 국내 외식기업의 해외 진출을 설명할 수 있는 모형을 개발하고자 하였다. 이를 통해 제조업을 중심으로 검증되어 왔던 해외 시장 진입 방식 선택에 관한 이론적 모형이 외식기업의 해외 진출을 설명할 수 있는 일반적 모형이 될 수 있는가를 검증하고, 외식기업의 해외 시장 진입 방식에 영향을 미치는 요인을 분석하고자 한다. 본 연구의 대상은 직접 투자로 해외 시장에 진출하였으며, 2008년 7월 현재 한국에 본사가 있고 해외 시장에 진출한지 2년 이상된 외식기업으로 한정하였다. 실증 분석을 위한 설문지는 자기기입식 설문 조사를 이용하였다. 실증 분석은 SPSS win 15.0을 활용하여 기술 통계분석, 타당성분석, 신뢰성분석, 카이 제곱분석, 분산분석, 상관분석, 이분형 로지스틱 회귀분석을 실시하였다. 분석 결과는 다음과 같다. 첫째, 국내 외식기업의 해외 시장에서의 진입방식 결정 모형의 설명력은 85.0%로 나타났다. 외식기업 특성 요인은 기업 규모가 작을수록, 제품 차별화 정도가 높을수록, 최고경영자의 의지가 높을수록 해외 시장에 단독 진입 방식을 선택할 가능성이 높은 것으로 파악되었다. 셋째, 현지 시장 환경 요인의 경우 수요 불확실 정도가 낮을수록, 무역 장벽이 낮을수록, 사회 문화적 거리가 가까울수록 해외 시장에 단독 진입 방식 선택할 가능성이 높은 것으로 파악되었다.

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