• Title/Summary/Keyword: 기업결합

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Competitive strategies, CEO characteristics, and firm performance in venture businesses (경영전략과 최고경영자 특성이 기업성과에 미치는 영향: 벤처기업을 중심으로)

  • Park, Kyoungmi;Hwang, Jaewon
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.20 no.1
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    • pp.52-63
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    • 2019
  • Biased performance implications are common in conducting empirical analysis on leading firms in strategic management field. Venture businesses in which successful and failing firms in the future are mixed in the present could provide a better discriminative result for examining the determinants of performance. We suggest hypotheses on how competitive strategy, CEO characteristics, and their interactions affect firm performance. We examine these hypotheses through empirical analyses on the basis of a survey collected from 387 venture businesses in order to assure the validity of strategic management theories by using more deviated data. Empirical results show that innovative differentiation from competitive strategies affects firm performance and innovativeness and long-term orientation from CEO characteristics affect firm performance. According to the results of the interaction analyses between competitive strategies and CEO characteristics, cost-leadership and marketing differentiation strategies have combination effects with risk taking, innovativeness, and long-term orientation, while innovative differentiation strategy has no combination effects with risk taking, innovativeness, and long-term orientation. We conclude that cost-leadership and marketing differentiation strategies have no direct effect on firm performance but have combination effects with CEO characteristics, while innovative differentiation strategy has direct effect on firm performance but has no combination effect. Our primary contribution is that we test and confirm that the fit between competitive strategies and CEO characteristics are an important consideration to increase firm performance in venture businesses.

NFRI 파트너 - ITER 프로젝트 참여로 더 큰 성장이 기대되는 기업 대봉아크로텍(주)

  • 국가핵융합연구소
    • 핵융합뉴스레터
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    • s.48
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    • pp.14-15
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    • 2010
  • 1985년 대봉공업으로 세상에 첫발을 내딛은 대봉아크로텍(대표 장봉식)은 1992년 '크게 받들다'라는 뜻의 대봉(大奉)과 '최고의 기술력'이라는 아크로텍 (Acro+Tec)의 두 단어를 결합시킨 '대봉아크로텍'으로 사명을 변경하고 기존의 화공전문기업을 넘어서 새로운 도전을 거듭하는 울산의 대표기업이다. 특히 ITER 열차폐체 제작 수주에 성공하는 쾌거를 이룬 대봉아크로텍은 어제보다 오늘이 오늘보다 미래가 더 기대되는 젊은 기업이다.

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