• The Journal of Asian Finance, Economics and Business
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• 제7권12호
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• pp.397-408
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• 2020

SMEs as an organization to succeed and to be sustainable must have the most essential and strategic capital, namely creativity, competitive advantage, and intellectual capital. This study aims to explore how creativity and intellectual capital determines SMEs' sustainability as well as examine the emerging role of competitive advantage in supporting this relationship. A quantitative method was applied to gain a better understanding of the relationship between variables undergoing Structural Equation Modeling with Partial Least Square (SEM-PLS). This study collected data from 123 SMEs in East Java of Indonesia using an online survey. The approach adopted in this study is a convenience random sampling method, which is widely used in entrepreneurship and SMEs' sustainability research. The findings showed that intellectual capital positively affects both competitive advantage and SMEs' sustainability. Additionally, the result of this study confirms a robust relationship between intellectual capital and SMEs' sustainability. However, partially, creativity failed in explaining SMEs' sustainability. Furthermore, this study confirmed that competitive advantage has successfully mediated both the influence of creativity and intellectual capital to SMEs' sustainability. Although this research only involved participants in East Java, this study can be the first step for relevant research of SMEs' sustainability, in particular, in Indonesia.

• 한국건설관리학회논문집
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• 제9권2호
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• pp.199-207
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• 2008

While it Is well-known that Total duality Management (TQM) can generate and sustain competitive advantage, its process and components have not been clearly identified for the construction industry. This paper aims first to enhance the understanding of TQM Content and Process. Then, drawing various seminal works on TQM and an application of market-based and resource-based theory, a consolidated model identifying the relationship among TQM principles and gaining a sustainable competitive advantage is proposed. Finally, the influence of TQM on sustainable competitive advantage of construction organizations is discussed, thereby interpreting the proposed model. Recognition of TQM's influence will be a starting point, enabling the construction industry to sustain their competitive advantage in the highly competitive global construction market.

• Asia pacific journal of information systems
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• 제15권1호
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• pp.135-152
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• 2005

In order to explore a relationship among KM context, KM effects, and sustainability of competitive advantage of organizations, a contingency model of KM, which is based on resource-based as well as knowledge-based theory, is developed from the information systems and strategic management literature. To put it concretely, our motivation for this paper was to answer the following questions: (1) What factors affect the degree to which an organization achieves KM effects? (2) Is there a positive relationship between KM effects and organizational performance achieved by linking KM to competitive advantage? A detailed exploratory analysis of survey responses from 79 Korean companies provides the following significant findings: (1) This study found support for the proposed research model. (2) The organization's degree of process and organizational outcomes of KM effects is determined by technical and social resources and its capabilities. Furthermore, the influence of technical and social resources of KM context on process and organizational outcomes of KM effects is controlled by different types of organizational perspectives on KM. (3) There is a relationship between process and organizational outcomes of KM effects and organizational performance enhanced by linking KM to competitive advantage.

• 국제지역연구
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• 제19권1호
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• pp.157-204
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• 2015

본 논문은 사회혁신기업 (주)향기내는사람들의 사례를 통해 기업 내외부적 요인들이 지속가능성을 결정하는 관계를 고찰하였다. 이를 통하여 우리는 사회혁신기업의 지속가능성의 구성요소와 결정요소에 관한 다음과 같은 몇 가지 사실 및 경영 정책 함의를 도출할 수 있다. 우선 첫째, 기업가정신은 사회혁신기업의 생존과 성장을 위해 필수적이다. 기업가정신을 발휘하여 사회혁신 기업가는 상충관계에 있는 경제적 가치와 사회적 가치가 유기적으로 상호작용하여 새로운 시장기회를 창출할 수 있도록 효과적으로 관리해야 한다. 둘째, 일반 기업과 동일하게 사회혁신기업 역시 경쟁우위 자원이 중요하다. 기회를 활용하고 위험요소를 피하는데 유용한 자원, 타기업은 보유하지 못한 희소한 자원, 경쟁기업들이 모방하기 어려운 자원, 그리고 이들 자원을 충분히 활용할 수 있는 조직능력은 사회혁신기업의 경제적 목표를 달성하는데 필수적이다. 이렇게 달성된 경제적 목표는 사회혁신기업의 재정자립을 낳고, 사회적 목표를 균형적으로 모색할 수 있게 돕는다. 셋째, 신제품 및 서비스를 꾸준히 개발하고, 신시장을 개척하며, 시장의 기회를 민첩하게 포착하고, 능력을 갖춘 채 위험을 감수하는 기업가정신으로 무장한 사회혁신기업은 경쟁우위 자원을 충분히 활용할 수 있을 때 경제적 목표와 사회적 목표를 균형적으로 추구할 수 있다. 이 과정에서 정부나 지자체의 재정지원은 사회혁신기업의 지속가능성을 보장해주지 못한다. 또한 조직에 대한 비전 및 가치관 공유(개인-조직 적합성)는 조직몰입과 연계될 수 있을 때 비로소 사회혁신기업의 지속가능성을 보장해줄 수 있다.

• Asia Pacific Journal of Business Review
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• 제1권1호
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• pp.56-66
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• 2016

This paper analyzes the impact of CSR on the capital market in Korea. Using listed firm data, we found that the creation of a sustainability report that indirectly measures the level of CSR can bring the stock rate of return difference of the capital markets representative market index. First, when a firm that publishes a sustainability report was compared in terms of its market rate of return, it showed a return increase of about 2%. We found that higher returns were gained through the competitive advantage of related business when the firm was actively involved in social responsibility. Second, subdivided by industry, firms belonging to the capital goods industry were found to reach a rate of return higher than that of industry. These firms were noticeable in that they were mainly industries that caused environmental pollution. Third, in an additional analysis, foreign investors were given the sustainability report of financial businesses, which was interpreted as a result of industrial properties. A sustainability report is a comprehensive report on the economic, environmental, and social activities of a firm. Firms must learn that they can gain trust through publishing trustworthy reports while achieving the lasting power of growth from the stakeholders.

• 한국경영과학회지
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• 제41권1호
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• pp.55-69
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• 2016

In response to drastic environmental changes, companies have been continuously rebalancing their resources and capabilities to sustain their competitive status or to survive difficult times. The aim of this study is to analyze the effect of sudden environmental changes on the competitive status of a firm and to identify the internal factors that differentiate sustainer and non-sustainer groups. To achieve this goal, we selected 85 representative IT and non-IT companies from the S&P 500 companies and investigated them with respect to the change in their five-year competitive status since the 2008 global financial crisis. As a concrete performance measure, the concept of perceived competitive status (PCS) was introduced, and four distinct PCS categories were identified by using the stock price changes during the selected period. The four distinct PCS categories are "sustaining," "drifting," "deep sunken," and "bouncing back." Discriminant analysis was performed on these four distinct PCS categories. The empirical study conducted showed that revenue and cost efficiency are the most discriminating factors, especially in the economic recovery period. In particular, stronger financial liquidity was observed in high-performing "bouncing back" companies than in the other category companies.

• 한국산업정보학회논문지
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• 제3권1호
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• pp.49-65
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• 1998

The trend toward globalization and competitive advantage is increasing the importance of international data communication . The more companies attempt to be globalized and competitive, the more critical the problems of the computer networks are. To improve computer networks in the business world, it is believed that the network shoud be approached from the viewpoint of service quality : we need to understand what network quality means to network users, those who use the network. The purpose of this study is to develop a dimension that captures the aspects of network quality that are important to network users. Many articles show that speed is very important factor in network systems. But the more important thing is that speed is just one of the factors contributing to network quality. It is suggested that a quality network meet nine dimensions : (1) speed (2) accessibility (3) connectivity (4) security (5) compatibility, (6) government restrictions (7) complexity (8) sustainability and (9) sharability.

• 유통과학연구
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• 제17권7호
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• pp.99-109
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• 2019

Purpose - The purpose of this development the business model of the healthcare sector in order to promote patents satisfaction towards medical sector services improvement for the medical business model innovation to possess a competitive advantage in the medical and pharmaceutical industry. Research design, data, and methodology - Safety standard protocol from existing multidisciplinary literature is a process of theorization, which uses grounded theory methodology rather than a description of the data and the targeted phenomenon by using Jabareen (2009). The first task is to map the spectrum of food safety literature regarding the phenomenon in safety management. This process includes developing the implementation factors and other sources such as existing business models and practices into the protocol design. Results - The study suggests the conceptual framework to improve the safety management for patients' environmental sustainability performance. Conclusion - The business model may support the beneficial aspect to healthcare government's policymakers, hospital employees, and medical specialist who can apply the practical perspective of its value regarding an educational protocol. Originality/value - This study contributes to and extends our understanding of environmental sustainability performance, identifying the rationale for safety standards performance in the healthcare industry with suggested hybrid safety standards market consumer interconnector.

• The Journal of Asian Finance, Economics and Business
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• 제8권12호
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• pp.455-463
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• 2021

The creative industry has an important role in economic development, but creative economy entrepreneurs still face many problems in business development and sustaining their businesses. The purpose of the study is to investigate the effect of entrepreneurship orientation, innovative product advantages, and social network quality on business performance to help companies stay competitive. The research uses a quantitative approach with the population being the owner of the creative industry in Semarang City, Central Java, Indonesia. The sampling technique used is convenience sampling, obtained as many as 126 creative industry owners. Data was analyzed using Structural Equation Modeling Partial Least Square (SEM-PLS). The findings of this study show that entrepreneurial orientation, innovative product advantage, and social network quality have a positive effect on the business performance of the creative industry in Semarang City, Central Java, Indonesia. According to the study, a company with superior resources can win the competition and achieve business sustainability. When compared to competing organizations, the benefits of resources and competitive ability will create a competitive edge. As a result, stakeholders such as the government, the corporate sector, and universities are expected to play a larger role in accelerating the growth and development of creative industries.

• 한국디지털건축인테리어학회논문집
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• 제12권2호
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• pp.39-51
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• 2012

This study aims at understanding both the mechanism of new town's competitiveness and its normative pursuit. For the purpose the study steps as follows; (1) Defining operationally cities' competitive power by means of analytic interpretation of substantial nature involved in the preceding studies, (2) Finding some lessons for the desirable development suggested from the history of new town construction in England, France and Japan, where the spatial needs for solving urban problems were exploded after the Second World War, (3) Focusing to agendas regarding development, for example, sustainable development, (4) Recognizing differences between competitiveness of cities and that of new towns and finally (5) Building the model of new town competitiveness, which explains what makes the competitiveness and what kind of effort are necessary for acquiring the advantage. As the result of the process this study concludes that the competitiveness is caused by, or composed of 4 factors. They are Self-sufficiency, Identity, Innovativeness and Sustainability. This frame can be named SIIS-model of new town competitiveness. But there should be contingent and elastic approach in adaptation of these factors to a specific new town, considering its own goal, scale and other situation. The model established in this study is expected to be a analytical frame for the follow-up studies on finding problems and seeking directions of new town development in our country.