• Journal of Technology Innovation
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• v.29 no.2
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• pp.1-30
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• 2021

Recent years have witnessed various attempts of firms to acquire new knowledge. Purchasing intellectual property or merger and acquisition (M&A) can be such attempts, but joint venture can also be an effective way internalizing new complementary assets from external partners. However, due to difficulties in the formation and implementation of learning strategies, many joint ventures have failed to acquire necessary knowledge. In this respect, based on contingency theory and dynamic capability, the current research aims to investigate the failure case of knowledge transfer in an international joint venture - KEFICO established by Hyundai motors and BOSCH. Case firm optimized for hardware technology but did not establish a differentiated learning strategy and organizational structure to acquire software skills, which are intellectuals of different natures. Due to this inconsistency, it was not able for KEFICO to absorb new type of knowledge (skills related to engine control system). This study suggests the theoretical framework illustrating the case and provides some important implications for organizational learning.

• Korean Journal of Labor Studies
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• v.24 no.2
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• pp.367-408
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• 2018

This study examines the features of globalization process in GM and Hyundai Motors, especially in the expansion into China auto market, through a joint venture(hereafter JV) research center. Due to the large scale market in China and the 50:50 JV, the two companies had to respond in some way to the Chinese government's request for localization of research and development functions, and their response affected the role of the JV research center. Even though the improvement in technological capability expected from the JV by the Chinese side did not appear well in the early stage in both JV, but relatively the Shanghai GM JV research center had a technological progress compared to the Beijing Hyundai JV research center. This paper explains the differences in the technical capabilities of the two JV research center, despite the same type of JV, as the difference between the status of the Chinese partner and the global strategy of the parent company. SAIC, a Chinese partner in Shanghai GM as a top-tier company, not only has been strongly demanding technology transfer from GM since the beginning of the JV, but has also made efforts to improve its own technical capabilities. Meanwhile, BAIC, a Chines partner in Beijing Hyundai as a mid-tier company, has not been strongly demanding technology transfer and lacked its own research base. Regarding the parent company's global strategy, although both companies controlled the core areas of research and development by their parent companies, GM actively considered using the Chinese RV to develop Chinese and emerging country vehicles. On the other hand, Hyundai Motors responded to the localization demand of the Chinese government while paying more attention to preventing technology leakage through its independent research center in China. The above discussion shows that the process of globalization of a company is a political process in which the global strategy of the parent company and the demands of the stakeholders surrounding the subsidiary are collided and compromised, rather than a process in which the harmony and cooperation between the parent company and its subsidiaries are smoothly achieved as the parent company's policies are unilaterally implemented.

• 월간 기계설비
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• s.51
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• pp.32-33
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• 1994

중국 호북대외건설 상담센타(CHIC-중국 호북대외 연합건설업 대리부) (1)CHIC는 화합, 기술축적의 정신하에 각국 정부, 민간 기업과 교류를 희망 (2)주요업무는 건축, 교통, 방직, 수력 ,기계, 선박등의 시공, 생산기술 등을 대행 (3)관리요원, 기술요원, 노무자, 전문요원의 구직 희망, (4)국내외 많은 합작기업의 투자와 교류희망

• Journal of the Korea Academia-Industrial cooperation Society
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• v.12 no.3
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• pp.1204-1212
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• 2011

This article analysis the obstacles and motivating factors of joint ventures between South Korean and German companies. As a theoretical frame is used the resource based view to explain motivating as well as hindering factors that influence joint ventures between Korean and German firms. The theoretical findings are tested with a sample of approximately 200companies that operate in the machinery industry. The data were provided by the German Machinery Industry Association and the Korean Association of Machinery Industry. The results of the findings are used to derive implications for governmental policy makers.

• The Journal of the Korea Contents Association
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• v.22 no.6
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• pp.692-700
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• 2022

This study was conducted to analyze firms' death rate and impact factors on the death of Foreign-invested Companies in Korea which is between 20013 and 2017. Cox Proportional Hazard Model took to conduct on the death impact factors, such as 2 characteristics factors of the firm, and 4 financial characteristics variables, variables, and 4 profitability factors. As a result of the impact factors of Foreign-invested Companies' death the Labour(NE) variables of characteristics firm had negative effects. And the Debt(LB), Operating Profit (OP), and Sales Profit (SP) of the financial characteristics had a negative effect. Other factors did not produce significant results. As a result of an empirically comparative analysis of the mortality rate of foreign-invested companies by the Kaplan-Meier method, it was analyzed that fully owned companies and large enterprises had lower extinction risk and greater sustainable management potential than joint ventures or SMEs.

• Agrochemical news magazine
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• v.16 no.5 s.128
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• pp.29-32
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• 1995

• International Area Studies Review
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• v.22 no.4
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• pp.99-121
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• 2018

This study investigated the factors influencing the knowledge acquisition of Thai local partners from advanced foreign partners through international joint ventures(IJVs). For this purpose, this study initially identified three dimensions of characteristics in the context of IJVs that would influence local partners' knowledge acquisition - a local partners' own characteristic (absorptive capacity), a relationship characteristic with IJVs (proximity to the equal equity ownership), and a relationship characteristic with foreign partners (trust), and examined their effects on local partners' knowledge acquisition. The study further investigated the moderating effects of the tacitness of knowledge on the relationships between those characteristics and knowledge acquisition. Based on the data collected from Thai IJV local partners, results revealed that a local partners' own characteristic, absorptive capacity, and a relationship characteristic with IJVs, proximity to the equal equity ownership, had a strong positive effect on local partners' knowledge acquisition. Results further showed that the tacitness of knowledge strengthened the relationships between absorptive capacity and knowledge acquisition and between trust and knowledge acquisition, but not the relationship between proximity to the equal equity ownership and knowledge acquisition.

• Journal of Agricultural Extension & Community Development
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• v.19 no.2
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• pp.497-509
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• 2012

19세기 말, 일본(1877년)과 중국(1892년)은 서양으로부터 비슷한 시기에 포도주를 들여왔지만 그 발전과정에는 많은 차이가 있다. 일본은 소규모의 포도주기업 위주로 지속적인 발전을 해온 반면, 중국은 소수 대규모로 발전해 오다 중간에 정치경제적인 이유로 정체되었는데 최근에 와서 많은 발전을 이룩하고 있다. 이 때문에 양국 간 포도주산업과 지역의 발전측면에서 보면, 두 국가 간의 이러한 차이의 비교는 양국 간의 포도주산업과 지역의 발전에 많은 시사점을 제공한다. 특히, 현재 중국농민의 권익과 농민전업조직의 필요성이 갈수록 중시되는 상황에서 일본 카추누마(胜沼)지역의 지방정부, 포도주기업, 농가 간 유기적인 포도주 생산과 지역발전을 위한 합작방식은 향후 중국 옌타이(烟台)지역의 포도주산업의 발전뿐만 아니라 농촌지역 내 협력조직체제의 구축과 발전에도 많은 시사점을 주고 있다.

• 발명특허
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• v.6 no.5 s.63
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• pp.5-8
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• 1981

• 정보화사회
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• s.108
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• pp.31-33
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• 1996

메타랜드는 "유통, 판매, 소프트웨어, 은행, 배달 등 전자상거래를 구성하는 각 요소 기업들이 합작투자를 통해 전자상거래를 선도하는 서비스를 주도하며 관련 기술을 개발해 나가는 기업"이라고 할 수 있다.