• Title/Summary/Keyword: strategic framework

Search Result 501, Processing Time 0.03 seconds

Establishing Major Successful Factors of Venture Firm from the Perspective of Dynamic Firm Capability: The Case of IDIS and KODICOM (벤처기업의 지속성장을 유지할 수 있는 성공 메커니즘분석 -역동적 기업역량 시각에서-)

  • Choi Won-Keun;Choung Jae-Yong
    • Journal of Korea Technology Innovation Society
    • /
    • v.7 no.3
    • /
    • pp.607-640
    • /
    • 2004
  • This article analyzes the venture firm based upon the new framework of Dynamic Firm Capability (DFC) to identify the process mechanism. Research methodology includes the case study involving structured interview and data collection from two leading Korean ICT(Information Communication Technology) firms in the same sector (DVR). IDIS, spun off from the university, has accumulated the innovative capability based on the R&D department. On the other hand, KODICOM has retained the technological trajectory in terms of marketing competence. Underlying hypothesis is that a firm should show a idiosyncratic evolutionary pattern by acquiring different complimentary assets(CA). In addition, effective internal process should be matched with the essential characteristics not only at the firm level but also at the sectoral level. By analyzing those two different firms, we will find the strategic successful factors based upon the evolutionary point of view. It is a key contribution of this paper to study on the process mechanism of ventures, and to explain detailed process mechanism by viewing two different characteristics of the firm at the functional level.

  • PDF

Role of Social Capital and Consumer Citizenship on Sharing Economy Participation on O2O Retail Platforms

  • YOON, Sung-Joon
    • Journal of Distribution Science
    • /
    • v.19 no.10
    • /
    • pp.55-64
    • /
    • 2021
  • Purpose: This study empirically validates a research framework encompassing predictors hypothesized to affect the participation in sharing economy on O2O retail platforms. Research design, data, and methodology: The study examines the role of consumers' social capital and consumer citizenship as a net promoter of retail sales increase of sharing economy products. Using a convenience sampling method, this study used a questionnaire survey method to collect data from 400 adult consumers with previous experience of sharing economy who reside in the metropolitan areas of Seoul and Kyonggi Province, Korea. This study applied structural equation modeling to verify the structural relationships proposed as research hypotheses. Results: The study found a significant impact of social capital on sharing economy participation and the impact of consumer citizenship on sharing economy participation in retail settings. This study also confirmed that social identity and corporate image mediated the relationship between social capital (and citizenship) and sharing economy participation. Conclusions: The study results are expected to contribute to further understanding of the sharing economy's key success factors. The study results offer significant strategic implications for retail platform operators and individual retail operators of sharing economy.

Fukuoka Next-generation Social System Creation Hub as a Regional Innovation Platform Strategy

  • Cha, Sang-Ryong
    • World Technopolis Review
    • /
    • v.7 no.2
    • /
    • pp.125-134
    • /
    • 2018
  • The purpose of this article is to introduce and describe the case of Fukuoka Next-generation Social System Creation Hub based on the conceptual framework of regional innovation platform strategy. In short, it is a "government-issued" regional innovation platform strategy to improve innovativeness with limited creative capital through "borrowing" not money but network, wisdom, know-how, and ideas from each other between some stakeholder groups in a region. The Fukuoka Industry, Science & Technology Foundation, which is the coordinating institution of the whole program, plays the role of a platformer to unify various projects into the program crossing borders between stakeholder groups for building regional innovation platforms that lends intensive support to feedback loops between the program facilitator and its partners in the program. Thanks to being a government-issued one, it could be tied together with some wide ranging issues of policy on social innovations, such as the "low carbon society" or the "health and longevity society." But at the same time, it is a concern that many regional research institutions that have innovative potential and diverse ideas become governed by the platform without their noticing it and dealt with in the same way based on "selected" and "designated" strategic goals. Therefore, it seems that a regional innovation platform strategy is a kind of "double-edged sword" in public policy in the era of "panopticism of bureaucratic society" in Japan.

Entrepreneurial Orientation and Export Performance of Emerging Market SMEs: The Moderating Role of Dynamic Capabilities in South Africa

  • ROBB, Charles;KIM, Eun-Mi;LEE, Jae-Woo
    • Journal of Distribution Science
    • /
    • v.18 no.12
    • /
    • pp.15-29
    • /
    • 2020
  • Purpose: Due to an ever more interconnected global commercial environment, the role of SMEs from emerging markets has attracted considerable attention in business literature of late. Reinforced by strategic management theory, this study builds on aspects such as entrepreneurial orientation and dynamic capabilities to construct and test a framework that focuses on exploring their associations with export performance. Research design, data and methodology: To contribute further towards a deeper understanding of these markets, the current study empirically tests a model using data collected from 225 exporting firms located throughout South Africa. Results: The results from the data analysis show that entrepreneurial orientation contributes significantly towards improving the performance of South African SMEs. Additionally, this study integrates three dynamic capabilities in the strategy-performance relationship to test their interacting effects on the correlation between entrepreneurial orientation and export performance. Further findings advocate support for relationship-based capabilities playing a moderating role between entrepreneurial orientation and the exporting performance of small and medium firms emanating from emerging markets. Conclusions: Findings provide substance to the argument that entrepreneurship, as a strategy-making process, leads to export performance in emerging nations. Especially, this study provides several suggestions as to how small and medium-sized organizations can develop their exporting performance based on the research findings.

The Education of Henry Adams: The Theme of Aura and Tradition in the Context of Modernity

  • Kim, Hongki
    • Journal of English Language & Literature
    • /
    • v.55 no.6
    • /
    • pp.961-973
    • /
    • 2009
  • Walter Benjamin expresses his concern that the new technologies of mechanical reproduction robs the artwork of its own uniqueness, its "aura." Benjamin uses the word "aura" to refer to the sense of awe or reverence one presumably experiences in the presence of works of art. This aura does not merely inhere in the works of art themselves, because Benjamin extends his notion of aura to the level of how he both understands and positions the modern subject in the world of uncertainty and transitoriness. The theoretical framework of Benjaminian aura becomes a crucial and efficient strategic apparatus to read The Education of Henry Adams. As for Benjamin the modern implies a sense of alienation, a historical discontinuity, and a decisive break with tradition, Adams observes that modern civilization has wiped out "tradition," a mythic home in which man can experience order and unity. Adams claims that the growth of science, reason, and multiplicity at the expense of religion, feeling, and unity has been accompanied by a parallel growth in individualism at the expense of community and tradition. To Adams the collapse of traditional values such as maternity, fecundity, and security in America is a waking nightmare of the moral dilemmas of a capitalist society, in which the cruel force of the modern Dynamo is becoming a prime governing principle.

Potential of Digital Solutions in the Manufacturing Sector of the Russian Economy

  • Baurina, Svetlana;Pashkovskaya, Margarita;Nazarova, Elena;Vershinina, Anna
    • International Journal of Computer Science & Network Security
    • /
    • v.22 no.10
    • /
    • pp.333-339
    • /
    • 2022
  • The purpose of the article is to identify priority trends of technological innovations and strategic opportunities for using the smart potential to the benefit of the Russian industrial production development in the context of digital transformation. The article substantiates the demand for technological process automation at industrial enterprises in Russia and considers the possibilities of using artificial intelligence and the implementation of smart manufacturing in the industry. The article reveals the priorities of the leading Russian industrial companies in the field of digitalization, namely, an expansion of the use of cloud technologies, predictive analysis, IaaS services (virtual data storage and processing centers), supervisory control, and data acquisition (SCADA), etc. The authors give the characteristics of the monitoring of the smart manufacturing systems development indicators in the Russian Federation, conducted by Rosstat since 2020; presents projected data on the assessment of the required resources in relation to the instruments of state support for the development of smart manufacturing technologies for the period until 2024. The article determines targets for the development of smart technologies within the framework of the Federal Project "Digital Technologies".

Blast fragility of base-isolated steel moment-resisting buildings

  • Dadkhah, Hamed;Mohebbi, Mohtasham
    • Earthquakes and Structures
    • /
    • v.21 no.5
    • /
    • pp.461-475
    • /
    • 2021
  • Strategic structures are a potential target of the growing terrorist attacks, so their performance under explosion hazard has been paid attention by researchers in the last years. In this regard, the aim of this study is to evaluate the blast-resistance performance of lead-rubber bearing (LRB) base isolation system based on a probabilistic framework while uncertainties related to the charge weight and standoff distance have been taken into account. A sensitivity analysis is first performed to show the effect of explosion uncertainty on the response of base-isolated buildings. The blast fragility curve is then developed for three base-isolated steel moment-resisting buildings with different heights of 4, 8 and 12 stories. The results of sensitivity analysis show that although LRB has the capability of reducing the peak response of buildings under explosion hazard, this control system may lead to increase in the peak response of buildings under some explosion scenarios. This shows the high importance of probabilistic-based assessment of isolated structures under explosion hazard. The blast fragility analysis shows effective performance of LRB in mitigating the probability of failure of buildings. Therefore, LRB can be introduced as effective control system for the protection of buildings from explosion hazard regarding uncertainty effect.

Strengthening the Competitiveness, Productivity and Innovation of Cross-border Industrial Corridors

  • Charles Conteh;JiYoung Park;Kathryn Friedman;Ha Hwang;Barry Wright
    • Asian Journal of Innovation and Policy
    • /
    • v.12 no.1
    • /
    • pp.75-100
    • /
    • 2023
  • Over the past few decades, globalization has been shifting economic power upward to transnational actors on the one hand, and downward to subnational or regional spaces on the other. This phenomenon has resulted in the centrality of territorially delimited subnational regions acting as critical loci of economic governance within a complex and globally distributed value chain of trade and service flows. Within this broader context of industrial restructuring are economic regions that span national borders in their collective assets. The paper focuses on investigating the economic competitiveness and productivity of cross-border (or binational) economic regions. Using the conceptual framework of economic clusters, an econometric model that measures proxies of geographic proximity of firms in the life sciences cluster, and a new binational economic model, the paper examines the key characteristics, potentials and constraints of economic competitiveness and productivity in a cross-border region comprising counties in Western New York and regional municipalities in Southern Ontario. The findings demonstrate the direct and indirect benefits of closer cross-border economic cooperation. The paper then concludes with some policy observations about leveraging cross-border economic clusters for strategic industrial cooperation.

Evolving the Cybersecurity of Clinical Photography in Plastic Surgery

  • Daisy L. Spoer;Alexandra Junn;John D. Bovill;Zoe K. Haffner;Andrew I. Abadeer;Stephen B. Baker
    • Archives of Plastic Surgery
    • /
    • v.50 no.4
    • /
    • pp.443-444
    • /
    • 2023
  • Point-of-care photography and photo sharing optimize patient outcomes and facilitate remote consultation imperative for resident surgeons. This literature review and external pilot survey study highlight the risks associated with current practices concerning patient privacy and biometric security. In a survey of 30 plastic surgeon residents and attendings, we found that the majority took photos of patients with their iPhones and shared them with colleagues via Apple iMessage. These findings corroborate previous reports and highlight a lack of physician user acceptance of secure photo-sharing platforms. Finally, we frame a successful example from the literature in the context of a postulated framework for institutional change. Prioritizing the privacy and safety of patients requires a strategic approach that preserves the ease and frequency of use of current practices.

The Adoption of Big Data to Achieve Firm Performance of Global Logistic Companies in Thailand

  • KITCHAROEN, Krisana
    • Journal of Distribution Science
    • /
    • v.21 no.1
    • /
    • pp.53-63
    • /
    • 2023
  • Purpose: Big Data analytics (BDA) has been recognized to improve firm performance because it can efficiently manage and process large-scale, wide variety, and complex data structures. This study examines the determinants of Big Data analytics adoption toward marketing and financial performance of global logistic companies in Thailand. The research framework is adopted from the technology-organization-environment (TOE) model, including technological factors (relative advantages), organizational factors (technological infrastructure and absorptive capability), environmental factors (industry competition and government support), Big Data analytics adoption, marketing performance, and financial performance. Research design, data, and methodology: A quantitative method is applied by distributing the survey to 450 employees at the manager's level and above. The sampling methods include judgmental, stratified random, and convenience sampling. The data were analyzed by Confirmatory Factor Analysis (CFA) and Structural Equation Model (SEM). Results: The results showed that all factors significantly influence Big Data analytics adoption, except technological infrastructure. In addition, Big Data analytics adoption significantly influences marketing and financial performance. Conversely, marketing performance has no significant influence on financial performance. Conclusions: The findings of this study can contribute to the strategic improvement of firm performance through Big Data analytics adoption in the logistics, distribution, and supply chain industries.