• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.17 no.1
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• pp.45-61
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• 2022

Despite of the consensus on the critical role of CEO and slack resources for strategic decision making, how they affect in the selection of strategic alliance type is limited. This study investigated the effect of CEO's experiential attributes and the venture firms' slack resource on the selection of strategic alliance type. To this end, this study used multi-variate logistic regression analysis with 1,813 Korean venture firms. The findings indicated that higher education level and large firm experience of CEO positively contributed to form an explorative alliance. And these two experiential attributes has negative effects on the probability of exploitative alliance formation. On the other hand, the entrepreneurial experience has no effect on the selection of strategic alliance type. This study also investigated the effect of slack resource - available slack, recoverable slack, and potential slack-. The more venture firms have available and potential slack, the higher probability of pursuing an explorative alliance. In addition, recoverable slack of venture firms has negative effect only on the selection of explorative alliance. The results of this study are expected to contribute the literatures of strategic management and venture firms by illustrating which CEO and firm-level factors affect the selection of strategic alliance type. This study also extends recent effort to better understand the selection of strategic alliance type with upper echelons theory and slack resource. And this study suggests implications that can increase the probability of successful decision making by venture firms in selection of strategic alliance type.

• Korean Journal of Social Welfare Studies
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• v.41 no.2
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• pp.101-125
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• 2010

It is need to reestablish multicultural perspectives when we coming into the multicultural society. The Zhuāngzǐ who lived in the Age of the Warring States 2300 years ago showed the way multicultural society pursues. We reorganized his works into the two categories as follows. First, we need to know multicultural society. The beginning of harmonious multicultural society is to know others. For this we should disregard Ceng-Xin and experience the variety of multicultural societies. Second, it is about the way multicultural society purse. Liang-Xing based on the altruism which includes Xuxin and self determination is important. For this, equality of variety and differences in multi culture should be materialized in a way to help each other. Therefore, we need to respect and impose a positive role of the strength of other culture in order to make active image. In addition, desirable multicultural society will sustain when we realize grand alliance with goodness of respecting others.