• 제목/요약/키워드: market turbulence

검색결과 32건 처리시간 0.019초

기술역량과 국내 마케팅역량이 수출지향성에 미치는 영향과 시장변동성의 조절효과: 광주·전남지역 중소기업에 대한 실증분석을 중심으로 (The Effects of Technological Capability and Domestic Marketing Capability on Export Market Orientation, and Moderating Effect of Market Turbulence: Evidence from SMEs in Gwangju and Jeonnam Province)

  • 이재은;강지원;최서형;최순규
    • 무역학회지
    • /
    • 제42권4호
    • /
    • pp.21-47
    • /
    • 2017
  • 본 연구는 중소기업의 기술역량과 국내 마케팅역량이 수출지향성에 미치는 영향을 시장변동성의 조절효과를 중심으로 실증분석하고 있다. 광주·전남 지역에 위치한 206개 중소기업들을 대상으로 실증분석을 실시한 결과는 다음과 같다. 첫째, 중소기업의 기술역량은 수출지향성에 정(+)의 영향을 미치는 것으로 나타났다. 이러한 결과는 선행연구에서 강조하는 바와 같이 중소기업의 기술역량이 규모의 불리함이나 외국인비용 등을 감소시킬 수 있는 유용한 자원으로 활용되어 중소기업의 해외진출의지를 높일 수 있다는 것을 보여준다. 둘째, 중소기업의 국내 마케팅역량은 수출지향성에 정(+)의 영향을 미치는 것으로 나타났다. 이러한 결과 역시 중소기업의 국내 마케팅역량이 해외시장으로 진출하는데 있어 불확실성을 줄여주는 사전지식으로 활용됨으로써 중소기업의 해외진출의지를 높일 수 있다는 것을 보여준다. 셋째, 시장변동성의 조절효과를 검증한 결과, 시장변동성은 기술역량과 수출지향성 간의 관계에서는 조절효과를 보이지 못하는 반면, 국내 마케팅역량과 수출지향성 사이의 관계를 부(-)의 방향으로 조절한다는 증거가 발견되었다. 즉, 시장변동성은 중소기업의 국내 마케팅역량과 수출지향성 간의 긍정적인 관계를 약화시킬 수 있기 때문에 마케팅역량이 중요하게 고려되는 산업에 속해 있거나 제품을 생산하는 중소기업들은 시장변동성을 고려한 전략을 수립할 필요가 있다는 것을 시사한다. 본 연구의 결과는 중소기업의 내부역량과 수출지향성 간 관계에서 시장변동성의 조절효과를 규명함으로써 중소기업의 글로벌화에 있어 의미 있는 이론적·실무적 시사점을 제공할 수 있을 것이다.

  • PDF

The Impact of Organizational Improvisation on Market Orientation

  • Kim, Seung-Ho;Shim, Joon-Sup
    • International Journal of Contents
    • /
    • 제8권1호
    • /
    • pp.82-87
    • /
    • 2012
  • Organizational improvisation, the convergence of planning and execution, has emerged as an alternative approach to the limitations in strategic planning. Organizational improvisation has a significant impact not only on organizational performance, but also on market orientation, which has emerged as a key issue in the field of technology commercialization. This study investigates both the effect of organizational improvisation on market orientation, as well as the effect of environmental turbulence and time pressure on organizational improvisation. Results show that organizational improvisation has a positive influence on market orientation, with a stronger effect on the diffusion of market information. This is greatly impacted by environmental turbulence and time pressure. As a result, promoting competencies in organizational improvisation at the corporate level is suggested as a significant means to enhance market-oriented organizational innovation.

동료의 신뢰성이 개인적 양면성에 미치는 영향: 시장변동성의 조절효과를 중심으로 (The Effect of Peer Trustworthiness on Individual Ambidexterity: Focusing on the Moderating Effect of the Market Turbulence)

  • 이명호
    • 디지털융복합연구
    • /
    • 제19권9호
    • /
    • pp.95-103
    • /
    • 2021
  • 본 연구는 동료 신뢰성의 개별차원과 개인적 양면성의 영향 정도를 직접 분석하고, 시장변동성의 조절효과도 검정하였다. 본 연구에서 반영한 시장변동성은 외부환경에 대한 변화 대응능력으로써 시장에서 소비자의 기호와 수요변화의 정도를 의미한다. 연구대상은 설문조사에 참여한 IT 부품 공급업체의 엔지니어 411명이며, 그 결과는 SPSS 21.0과 AMOS 21을 사용하여 분석하였다. 연구결과는 다음과 같다. 첫째, 신뢰성 개별차원과 개인적 양면성의 관계를 분석한 결과, 능력과 진정성은 개인적 양면성에 유의미한 영향을 미치고 있는 것으로 나타났다. 둘째, 신뢰성의 개별차원과 개인적 양면성의 관계에서 시장변동성은 능력과는 부(-)의 상호작용 효과를 나타내며, 진정성과는 정(+)의 상호작용 효과를 나타내어 신뢰성과 개인적 양면성 간에 조절역할을 하는 것으로 확인되었다.

지역 중소기업의 환경, 역량, 전략이 수출성과에 미치는 영향 (Environment, Competence, and Strategy Effects on the Export Performance of Regional SMEs)

  • 김승호;허무열
    • 유통과학연구
    • /
    • 제13권3호
    • /
    • pp.61-67
    • /
    • 2015
  • Purpose - Exports have long been regarded as significant drivers of sustainable competitive advantage and growth among small and medium enterprises (SMEs). The export activities of SMEs are particularly important in the context of export-oriented economies such as Korea. Although many studies have examined the determinants of exports, it is difficult to find empirical studies about the determinants of the export performance of regional SMEs. This study investigates the determinants of export performance in the regional SME context based on an integrated approach that combines the environment factor of industrial organization theory, competitive strategy theory, and the competences of the resource-based view. Research design, data, and methodology - To empirically analyze the determinants of export performance in the regional SMEs, data were collected from firms in the Daegu metropolitan area. Data were collected directly through questionnaire surveys; in addition, secondary financial data were also taken from the KIS-VALUE database. Out of the 175 responses that were received, 143 were considered to be worth examining. After testing the reliability and validity of the variables through multiple items such as environmental turbulence and competitive strategy, hypotheses were verified by using five multi-regression models. These models were: a control model with organizational size and age, an environmental model with technology and market turbulence, a competency model with R&D and foreign distribution channels, a strategy model with product and market differentiation, and an integrated model including all of these variables. Results - First, as a control variable, the organization size has significant positive effects on export performance. Second, technology turbulence based on industrial organization theory has significant positive effects on export performance, but market turbulence does not affect export performance. Third, the foreign market distribution competency of the resource-based view has strong positive effects on export performance, but the R&D competency does not affect export performance. Fourth, the product differentiation strategy from competitive strategy theory positively impacts export performance, but market differentiation does not affect export performance. Finally, in the integrated model, only the foreign distribution competency of the resource-based view has a significant effect on export performance. Conclusions - The empirical results of this study verified the usefulness of the rationales behind the three theories to explain the export performance of the regional SMEs, especially the importance of the foreign market distribution competency from the resource-based view. With regard to practical considerations, this study's implications suggest that the use of technological environmental changes by industries is better than the use of market changes. Further, the use of the product differentiation strategy is more effective than the use of the market-driving strategy, and the distribution channel competency plays a stronger role than the technology-oriented competency with regard to the export performance position of regional SMEs. Future studies should examine relational perspectives, such as trust among channel partners. Therefore, the configuration approach is more useful in enhancing pragmatism by comparing high- and low-export companies.

철도공기업의 환경적응패턴이 마케팅역량에 미치는 영향: 코레일과 지하철조직의 비교연구 (The Effects of the Environmental Adaptation Pattern of the Railway Public Enterprises on the Marketing Capabilities: A Comparative Study on Korail and Subway Firms)

  • 신택현;김성호
    • 한국철도학회:학술대회논문집
    • /
    • 한국철도학회 2011년도 정기총회 및 추계학술대회 논문집
    • /
    • pp.2174-2181
    • /
    • 2011
  • The purpose of this article is to highlight the relationships among market orientation, environmental turbulence, marketing capabilities, and organizational performance in railway industry(616 participants). Major findings are: 1) market orientation showed a significant effect on marketing capabilities, and organizational performance, 2) environmental turbulence functioned as a moderator not to organizational performance, but to marketing capabilities, 3) and marketing capabilities showed a strong effect on organizational performance. These findings imply that market orientation, as well as marketing capabilities, are so essential for creating a supreme performance in the railway industry.

  • PDF

한국 중소벤처기업의 역량이 해외진출성과에 미치는 영향: 시장동태성과 기술동태성의 조절효과 (Impacts of Capabilities on International Performance in Korean Small Venture Firms : Moderating Effects of Market and Technology Turbulence)

  • 정소원;원종현
    • 벤처창업연구
    • /
    • 제10권2호
    • /
    • pp.97-105
    • /
    • 2015
  • 본 연구에서는 해외에 진출한 한국 중소벤처기업의 역량이 해외진출성과에 미치는 영향과 환경동태성이 이 관계에 어떠한 역할을 하는지 살펴보고자 한다. 구체적으로 중소벤처기업의 해외 마케팅역량, 기술역량 및 해외 네트워크역량이 해외진출성과에 미치는 영향에 대해 분석하고, 환경동태성의 두 가지 차원인 시장동태성과 기술동태성이 이 관계에서 조절변수로서 어떠한 역할을 하는지에 대해 실증적으로 검증하고자 한다. 162개의 중소벤처기업을 대상으로 한 다중회귀분석 결과, 해외 마케팅역량은 해외진출성과에 유의한 영향력을 미치지 않는 것으로 나타났으나, 기술역량과 네트워크역량은 각각 해외진출성과에 긍정적이고 유의한 영향을 미치는 것으로 나타났다. 또한, 시장동태성은 네트워크역량과 해외진출성과 간의 관계에 부(-)의 조절효과를 갖는 것으로 나타났으며, 기술동태성은 기술역량과 해외진출성과 간의 관계에 부(-)의 조절효과를, 네트워크역량과 해외진출성과 간의 관계에는 정(+)의 조절효과를 갖는 것으로 나타났다. 본 연구의 결과는 중소벤처기업의 국제화성과에 있어 마케팅, 기술, 네트워크 역량의 중요성을 확인하고, 이에 대한 환경동태성의 영향력을 확인함으로써 중소벤처기업이 해외진출 시 성공적인 성과를 올릴 수 있는 전략적 활용을 도울 것이다.

  • PDF

경영자 혁신DNA와 혁신 : 환경 적합성 (CEO's Innovation DNA and Innovation : Fit of Environment)

  • 김승호;허무열
    • 벤처창업연구
    • /
    • 제10권1호
    • /
    • pp.95-110
    • /
    • 2015
  • 기업가정신이론을 비롯하여 많은 혁신이론들이 경영자의 혁신능력을 혁신의 출발로 보고 있다. 본 연구는 경영자의 혁신DNA라는 역설적 은유를 통해 혁신에 미치는 영향과 환경의 적합성 관계를 규명함으로써 학습과 노력에 의해 후천적으로 혁신역량을 높일 수 있는 구체적인 방향을 모색하는데 목적을 두고 있다. 이를 위해서 대구경북 110개 제조기업을 대상으로 자료를 수집하여 실증분석을 하였다. 실증분석 결과 혁신DNA는 혁신에 전반적으로 긍정적인 영향을 미치는 것을 확인하였다. 특히 발견DNA는 실행DNA보다 제품전략에 더 강하게 작용하는 반면에, 실행DNA는 공정혁신에 더 강하게 작용하는 것으로 나타났다. 혁신DNA와 환경의 적합성에 따른 혁신의 영향의 경우, 발견DNA와 기술격변성은 상호적합성을, 시장격변성은 보완적합성을 통해 제품혁신을 강화하는 것으로 나타났다. 실행DNA와 시장격변성의 상호적합성을 통해 공정혁신을 강화시키는 것으로 나타났다.

  • PDF

Herding Behavior and Cryptocurrency: Market Asymmetries, Inter-Dependency and Intra-Dependency

  • JALAL, Raja Nabeel-Ud-Din;SARGIACOMO, Massimo;SAHAR, Najam Us;FAYYAZ, Um-E-Roman
    • The Journal of Asian Finance, Economics and Business
    • /
    • 제7권7호
    • /
    • pp.27-34
    • /
    • 2020
  • The study investigates herding behavior in cryptocurrencies in different situations. This study employs daily returns of major cryptocurrencies listed in CCI30 index and sub-major cryptocurrencies and major stock returns listed in Dow-Jones Industrial Average Index, from 2015 to 2018. Quantile regression method is employed to test the herding effect in market asymmetries, inter-dependency and intra-dependency cases. Findings confirm the presence of herding in cryptocurrency in upper quantiles in bullish and high volatility periods because of overexcitement among investors, which lead to high volume trading. Major cryptocurrencies cause herding in sub-major cryptocurrencies, but it is a unidirectional relation. However, no intra-dependency effect among cryptocurrencies and equity market is observed. Results indicate that in the CKK model herding exists at upper quantile in market that may be due when the market is moving fast, continuously trading, and bullish trend are prevailing. Further analysis confirms this narrative as, at upper quantile, the beta of bullish regime is negative and significant, meaning the main source of market herding is a bullish trend in investment, which increases market turbulence and gives investors opportunity to herd. Also, we found that herding in cryptocurrencies exits in high volatility periods, but this herding mostly depends on market activity, not market movement.

Creating Profits with Nonunion Workers: A Case Study of Market Basket

  • Hahn, Yoo-Nah;Kim, Dong-Ho
    • Asian Journal of Business Environment
    • /
    • 제5권1호
    • /
    • pp.37-41
    • /
    • 2015
  • Purpose - The study was designed to explore and examine the business relationships of the owners and the employees of Market Basket to analyze the implications of their recent turbulence and decisions. This article focused on two issues - business profit and labor union - to describe the uniqueness of this case. Design, methodology, data, and approach - This article, based on its purpose, applied all three approaches of case studies that are identified and described by Stake (1995), instrumental, intrinsic, and collective, to present the core nature of the issue and to improve and gain a clear understanding of this particular phenomenon. Results - The analysis of this case clearly indicates that seemingly dichotomous concepts of profit and employee welfare are not necessarily antithetical to each other Conclusions - The instant case of Market Basket serves as a testimonial for the rejection of the basic premises of corporate profits and labor unions. This case serves as a model and a practical example for many large retailers, especially the family operated retailers, and workers throughout the world.

The Relationship between Dynamic Capabilities, Marketing Capabilities, and Environmental Turbulence: An Empirical Study from China

  • ZHANG, Chun Xia;BANG, Ho Yeol
    • The Journal of Asian Finance, Economics and Business
    • /
    • 제8권12호
    • /
    • pp.529-540
    • /
    • 2021
  • This study proposes a model and attempts to illustrate the relationship between the frequency of dynamic capability utilization and marketing capabilities, and how market, technology, and competitor turbulence may affect these relationships. The findings suggest that in a highly turbulent environment, frequent use of sensing and integration capabilities may cause certain changes in the impact of marketing capabilities, and in a highly competitive environment, marketing capabilities are positively correlated with company performance. The sample consists of 212 enterprises of China with a three-year vertical data span. The partial least square program Smart-PLS was used for data analysis. The careful management of dynamic capabilities (i.e., relational, sensory, and inclusive) is required to address environmental conditions to achieve capacity alignment and ultimately enhance performance. Our findings demonstrate that relationship capabilities are valuable to the organization and might even help improve its sensing and integrating capabilities. In a highly competitive environment, marketing capabilities contribute the most to company performance. The more frequent the environmental turbulence, the higher the impact of integration capabilities on marketing capabilities. This situation necessitates the organization's usage of dynamic capabilities to modify its marketing approach effectively between stable and turbulent environments.