• 제목/요약/키워드: Competitive Capabilities

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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
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    • 제8권12호
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    • pp.529-540
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    • 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.

Food Processing Enterprises Performance: Roles of Dynamic Capabilities and Competitive Advantage

  • Thi My Nguyet NGUYEN;Thao Quynh LE
    • 유통과학연구
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    • 제22권6호
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    • pp.57-68
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    • 2024
  • Purpose: Dynamic capabilities are acknowledged as pivotal factors facilitating the generation of competitive advantage and performance for enterprises across diverse sectors, notably within the food processing industry. This study endeavors to explore and examine the direct and indirect impact of dynamic capability factors, encompassing innovation capability, market orientation (customer orientation, supply chain orientation, competitor orientation), and digital orientation on the business performance of Vietnamese food processing enterprises. Research design, data and methodology: Research data was collected from 239 food processing enterprise managers and analyzed using partial least square - structural equation modeling. Results: With the exception of digital orientation, the study found evidence of the role of innovation capability and market orientation (customer orientation, supply chain orientation, competitor orientation) in the overall competitive advantage of Vietnamese food processing enterprises. Furthermore, the study underscores the contributions of innovation capability, market orientation and digital orientation in fostering performance of Vietnamese food processing enterprises. It also identifies the mediating role of competitive advantage in the relationship between dynamic capabilities and performance. Conclusions: Consequently, the study proposes a number of implications for food processing enterprise managers with the aim of establishing and enhancing competitive advantage and business performance in the future.

제조전략(製造戰略)에서 생산능력요인(生産能力要因)과 사업성과(事業成果)에 대한 연구(硏究) (A study on Manufacturing's capabilities and business performance of Manufacturings strategies)

  • 송재명
    • 경영과정보연구
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    • 제1권
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    • pp.363-399
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    • 1997
  • Research in operations strategy has evolved considerably since Wickham Skinner's early conceptual work. Traditionally research in operations strategy has not explicitly recognized the distinction between process and content research. However, separate conceptual models for process and content are extracted from the literature Recent research in operations strategy has focused on showing the extent to which manufacturing's competence in developing and executing one or more competitive capabilites affects the organization's overall business performance. This paper takes a approach to examining the relationships among competitive capabilities, and the relationships among between those capabilities and business performance.

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Impacts of Marketing Capabilities on Competitive Advantage and Business Performance: Application of IPMA

  • CHAO, Meiyu;SEO, Min Kyo;KIM, Jong Rae
    • 한국프랜차이즈경영연구
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    • 제13권1호
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    • pp.19-33
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    • 2022
  • Purpose: Based on the resource-based view and the competitive advantage theory, the study views marketing capabilities (product, pricing, delivery/inventory, and promotional support) as sources of competitive advantage (differentiation advantage and low-cost advantage) and examines their impacts on competitive advantage, which in turn, will influence non-business and business performance. Research design, data and methodology: Data were collected from 149 representatives of franchising companies in South Korea and analyzed with SmartPLS 3.3.7. Results: First, promotional support and product have a significant impact on differentiation advantage. Second, pricing and promotional support have a significant impact on low-cost advantage. Third, differentiation advantage has an influence on non-financial and financial business performance. Fourth, low-cost advantage has an impact on non-financial performance but has no significant direct impact on financial performance. Fifth, non-financial performance is related to financial performance. Finally, the result of IPMA shows that importance and performance values of exogeneous variables are different depending on firm size. Conclusions: The findings suggest that franchisors should focus on different marketing capabilities depending on their strategic focus and objectives. Finally, the findings based on an IPMA suggest that small companies perceive low-cost advantage as important, while their counterparts do not. Several theoretical and managerial implications are offered.

기술창업기업의 가치사슬내부 및 외부 네트워크 활동이 동적역량을 매개로 경쟁우위에 미치는 영향 (The Effect of Technology Startups' Value Chain Internal and External Network Activities on Competitive Advantage Through Dynamic Capabilities)

  • 홍인기;김형준
    • 벤처창업연구
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    • 제17권5호
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    • pp.17-30
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    • 2022
  • 불확실한 환경에서 창업하는 기술창업기업의 경쟁우위에 동적역량이 매우 중요한 영향을 미친다는 점은 여러 연구에서 검증되어왔다. 그리고 이런 동적역량에는 외부기관 네트워크가 중요한 영향을 미친다. 이는 자원과 지식이 부족한 창업기업에게 더욱 중요하다. 동적역량에 직접적으로 유의한 영향을 미치는 네트워크는 가치사슬내부 네트워크 위주로 연구되어 왔다. 하지만 창업기업의 네트워크 활동은 가치사슬내부 네트워크 뿐만 아니라 가치사슬외부 네트워크와도 이루어지고 있다. 따라서 창업기업의 네트워크 활동이 동적역량에 미치는 영향을 연구하기 위해서는 두 가지 네트워크가 모두 포괄된 연구가 필요하지만, 선행연구가 부족하다. 본 연구에서는 기술창업기업을 대상으로 가치사슬외부 네트워크와 가치사슬내부 네트워크를 포괄하는 모델을 구성하고, 동적역량과 경쟁우위에 미치는 영향을 실증하는 연구를 진행하였다. 연구결과, 가치사슬내부와의 네트워크 활동은 선행연구와 마찬가지로 동적역량에 직접적으로 유의한 영향을 주었고, 가치사슬외부와의 네트워크 활동은 동적역량에 직접적으로 유의한 영향을 주지 않았다. 그리고 동적역량은 경쟁우위에 유의한 영향을 주었다. 추가연구를 통해 확인한 바, 가치사슬외부와의 네트워크 활동은 가치사슬내부와의 네트워크 활동에 영향을 주고 이를 통해 동적역량을 강화하며, 이를 통해 경쟁우위에 긍정적인 영향을 주는 매개효과가 유의하였다. 이를 통해 창업기업이 동적역량을 강화하여 경쟁우위를 높이기 위해서는 가치사슬내부 네트워크가 중요하다는 점과 가치사슬내부 네트워크는 강하게, 다양하게 맺는 것은 모두 동적역량을 높여 경쟁우위에 긍정적 영향을 준다는 점을 확인할 수 있었다.

정보시스템 아웃소싱을 통한 경쟁력 제고: Resource-Based View(RBV) 접근 (Building Competitive Advantages through Information Systems(IS) Outsourcing: A Resource-Based View(RBV) Approach)

  • 구자현
    • Asia pacific journal of information systems
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    • 제13권3호
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    • pp.213-242
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    • 2003
  • This paper employs the lens of the resource-based view(RBV) to investigate how firms create competitive advantages through IS outsourcing arrangements. The RBV framework is used to explore how a firm adds value and reaps benefits from IS outsourcing arrangements. The primary finding is that in the process of value creation, the 'absorption' of the managerial and technical capabilities of external vendors is critical. When the client firm is able to absorb and integrate the IT capabilities of outsourcing vendors, these absorbed capabilities in turn become the source of IT competence and competitive advantages $vis-\grave{a}-vis$ the competition.

The Impact of Information and Strategic Planning Capabilities on Logistics Performance and Competitiveness

  • Lee, Sang-Yoon
    • 한국항만경제학회지
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    • 제22권1호
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    • pp.151-173
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    • 2006
  • This paper aims to explore the strategic roles of information and strategic planning capabilities for firms' performance, and to examine the direct and indirect relationships between information capability, strategic planning capability, logistics performance and competitive advantage. The present research adopts resource based theory (RBT) to explore the relationships between a firm's specific capability and its performance and employs structural equation modelling (SEM) in order to test the validation of the measurement models and examine the relationships between construct variables. The current empirical test was conducted using the data collected from logistics managers of 101 Korean electronics companies. The empirical research presents positive influential relationships between (1) information/planning formality capability and strategic planning capability; (2) strategic planning capability and logistics performance; (3) logistics performance and competitive advantage; and (4) competitive advantage and competitive position in the market.

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프로젝트 조직자원이 경영성과에 미치는 영향 (The Effects of Project-Based Organizational Resources on the Business Performance)

  • 진상준;오민정;박소현
    • 산업경영시스템학회지
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    • 제41권3호
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    • pp.30-40
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    • 2018
  • The purpose of this study is to examine the effect of project-based organizational resources on the business performance in the resource-based view (RBV) and dynamic capability one and analyze their relationship through an integrated model. The RBV argues that firms get competitive advantages when they have VRIN characterized resources but dynamic capability view argues that RBV has its limitation under volatility so it enables them to obtain competitive advantages in ever changing environments. This study analyzes data collected from 270 survey questionnaires on the project management related staff at the project-based organization among major companies in Korea. The result demonstrates that two project organizational resources on strategic and executional management with VRIN characteristics are found to bring positive effects on the organizational dynamic capabilities and also the dynamic capabilities such as integration & reconfiguration, organizational learning are verified to bring meaningful positive effects on the business performance. On the other hand, unlike previous studies, ambidexterity has quite a weak effect on the business performance. Therefore, we expect that the resources of the project-based organization with VRIN lead to strengthen the firm's business performance through organizational dynamic capabilities and produce high performance through the integrated model of RBV and dynamic capability one. The study has academic meanings that widely confirm the effects and characteristics of main elements of VRIN project organizational resources on the business performance of competitive advantage through the dynamic capabilities of the organization by the regression on the precedent studies regarding the project management resources and their relationship with the VRIO characteristics. The practical implication is that it is preferentially necessary for the organization to obtain VRIN resources and organizational dynamic capabilities, especially organizational learning to have sustainable competitive advantages.

수출중소기업의 시장지향성과 브랜드지향성이 기업역량 및 수출성과에 미치는 영향 (The Influences of SMEs' Market Orientation and Brand Orientation on Firm Capabilities and Performance in Export Markets)

  • 이유림;정재은;정소원
    • 무역학회지
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    • 제42권2호
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    • pp.175-203
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    • 2017
  • 본 연구는 자원기반관점에 입각하여 국내 중소기업의 시장지향성과 브랜드지향성이 기술역량, 마케팅역량, 수출경쟁우위 및 수출재무성과에 미치는 영향에 대해 조사하였다. 이를 위해 대한상공회의소의 DB를 바탕으로 수출 제조 중소기업을 대상으로 설문조사를 실시하였으며 총 286부가 실증분석에 이용되었다. 분석 결과, 중소기업의 시장지향성은 기술역량과 마케팅역량을 제고할 뿐만 아니라 수출시장에서의 경쟁우위를 점하고 높은 재무성과를 달성하도록 하는 요인으로 나타났다. 또한 브랜드지향성은 기술역량과 마케팅역량을 통해 경쟁우위와 재무성과에 간접적인 영향을 미치며, 기술역량과 마케팅역량 모두 중소기업이 해외시장에서 경쟁우위를 차지하게 하여 재무성과를 내게 하는 요인임이 밝혀졌다. 본 연구결과는 시장지향성과 브랜드지향성이 국내 중소기업의 역량과 수출성과에 미치는 영향에 대해 제시함으로써 이들의 해외시장에서의 경쟁력과 성과 제고를 위한 시사점을 제언하였다는 점에서 의의가 있다.

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Entrepreneurial Orientation and Organizational Performance: The Mediating Role of Knowledge Capabilities

  • Batra, Shruti
    • 아태비즈니스연구
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    • 제6권1호
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    • pp.17-25
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    • 2015
  • In this study, we identified the various mechanisms through which entrepreneurial orientation impacts firm performance. We proposed that entrepreneurial orientation assists organizations in building cultural, structural, human and technical knowledge capabilities, which in turn lead to sustainable competitive advantage. We tested our proposed hypothesis using data collected from 76 managers of small entrepreneurial firms. We found that cultural knowledge capabilities are the strongest mediators of entrepreneurial orientation and firm performance relationship. By bringing in knowledge capabilities in the literature of entrepreneurial orientation, we open new directions for research. Our findings have implications for theory as well as practice.

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