• The Journal of Asian Finance, Economics and Business
• /
• 제8권1호
• /
• pp.711-721
• /
• 2021

A firm's competitive advantage generating from empowering its dynamic capabilities is very important for established companies and new business ventures in facing intense competition and in responding to unanticipated environmental changes. This study aims to investigate the relationship between dynamic capabilities of a new business venture and its competitive advantage and the effect of entrepreneurial creativity and ambidextrous innovation mediation on the relationship between dynamic capabilities and the competitive advantage of a new business venture. Data was collected using an online survey from 143 new Indonesian shipping agency companies that spread over two-thirds of Indonesia's territory and was analyzed using structural equations modeling (SEM). The results showed that the dynamic capabilities of new business ventures are positively associated with competitive advantage but not significantly. This result indicates that empowering a new business venture's dynamic capability is not sufficient to generate a competitive advantage. However, a new business venture's dynamic capability is significantly and positively associated with the competitive advantage when mediated by entrepreneurial creativity and ambidextrous innovation. The findings of this study suggest that the competitive advantage of a new business venture can be gained from empowering a firm's dynamic capabilities through mediating entrepreneurial creativity and ambidextrous innovation in facing intense competition and in responding to unanticipated environmental changes.

• 유통과학연구
• /
• 제22권1호
• /
• pp.61-67
• /
• 2024

Purpose: The study has identified factors affecting dynamic capabilities and the distribution of competitive advantage under the impact of dynamic capabilities of Vietnamese fintech businesses. Research design, data, and methods: The method used in this study is a survey analysis of 120 Vietnamese fintech businesses to test the hypothesized relationships of the research model as well as evaluate its effectiveness. The study uses the Cronbach alpha analysis, factor analyses, and structural equation modeling to assess the research's measurement and structural models. Results: Research results show that 3 critical success factors: "Capacity to develop financial service ideas," "Ability to develop a platform," and "Business capacity" have a positive impact on "Dynamic capabilities." In addition, the study also evaluates the effect of "dynamic capabilities" on the "competitive advantage" of fintech businesses. Conclusion: Theoretically, this result contributes to discovering new, specific factors affecting the dynamic capabilities of fintech businesses. In practice, the research results are empirical evidence of the distribution of competitive advantages of Vietnamese Fintech businesses and their impact on dynamic capabilities.

• 유통과학연구
• /
• 제22권6호
• /
• pp.57-68
• /
• 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.

• The Journal of Asian Finance, Economics and Business
• /
• 제7권11호
• /
• pp.737-746
• /
• 2020

A new business venture faces intense competition in a dynamic environment. To survive, new business ventures and established companies both need to generate creativity and significant new ventures to be highly competitive and have high levels of performance. In this study, we examined new business ventures that determined their competitiveness and performance generated from entrepreneurial creativity and mediated by ambidextrous innovation. This research used survey data collected from 143 Indonesian's new business shipping agencies, which was collected using an online survey and analyzed through structural equation modeling. The results showed that entrepreneurial creativity in new business ventures is positively associated with competitive advantage but not significant to create a competitive advantage. In contrast, entrepreneurial creativity is positively associated with firm performance. This result indicates that efforts to generate entrepreneurial creativity are not sufficient to create a competitive advantage despite having a significant influence on firm performance. However, entrepreneurial creativity is significantly and positively associated with firm performance and competitive advantage when mediated by ambidextrous innovation. The findings of this study suggest that the competitive advantage of a new business venture in facing intense competition in a dynamic environment condition can be overcome by generating strategic action in the form of entrepreneurial creativity and ambidextrous innovation.

• 유통과학연구
• /
• 제20권7호
• /
• pp.11-22
• /
• 2022

Purpose: Since the emergence of the Covid-19 pandemic, almost all the hospitality industry has experienced a decrease in the distribution of room occupancy. Therefore, this study aims to examine how to improve the performance of 5-star hotels in Bali by involving market orientation, revenue management orientation, competitive advantage, dynamic capability, and pricing capability. Research design, data and methodology: This study involved 127 managers in 62 five-star hotels in Bali. Analysis of this study using structural equation modelling (SEM) with SmartPLS software. Results: This study reveals that the performance of five-star hotels in Bali is influenced by factors such as market orientation, revenue management orientation, competitive advantage, dynamic capability, and pricing capability. In addition, revenue management orientation, competitive advantage, and dynamic capability have been shown to mediate the effect of market orientation on the performance of five-star hotels in Bali. Finally, pricing capability has been proven to have not been able to increase the revenue and performance of five-star hotels in Bali. Conclusions: Hotel performance is largely determined by several important factors which include market orientation, revenue management orientation, competitive advantage, dynamic capability, and pricing capability. This study provides important implications for hospitality practitioners to improve the distribution of hotel performance.

• 무역학회지
• /
• 제41권2호
• /
• pp.159-183
• /
• 2016

본 연구는 변동성이 높은 글로벌경영환경에서 수출벤처기업의 동태적 역량, 기술사업화역량, 혁신성과 및 경쟁우위간의 관계를 밝히는데 연구목적을 두고 있다. 기존 동태적 역량 관점의 논리와 경쟁우위 결정요인에 관한 실증연구를 기초로 동태적 역량, 기술사업화역량, 혁신성과 및 경쟁우위간의 관계를 연구가설로 설정하고, 대덕연구개발특구에 소재하고 있는 수출벤처기업을 대상으로 설문조사를 통해 수집한 103개 응답 자료를 기초로 PLS분석방법을 활용하여 가설을 검정하였다. 본 연구에서 동태적 역량은 1차 구성개념인 감지능력, 포착능력, 통합능력 및 조정능력으로 측정된 2차 구성개념이고, 기술사업화역량은 1차 구성개념인 상용화속도, 시장범위 및 기술너비로 측정된 2차 구성개념이다. 실증분석결과에서 수출벤처기업의 동태적 역량은 기술사업화역량, 혁신성과 및 경쟁우위에 유의적인 정의 영향을 미치고, 기술사업화역량은 혁신성과와 경쟁우위에 유의적인 정의 영향을 미치며, 혁신성과는 경쟁우위에 유의적인 정의 영향을 미치는 것으로 나타났다.

• 국제지역연구
• /
• 제14권3호
• /
• pp.388-419
• /
• 2010

본 연구는 국내 수출중소기업의 해외시장 경쟁우위에 관한 연구모형과 가설을 제시하고 이를 통해 기대해 볼 수 있는 시사점을 살펴보는 것을 목적으로 하였다. 이를 위해 자원기반관점에서 살펴본 조직의 문화적 무형 자산으로서 조직학습역량과 역동적 역량이 해외시장 경쟁우위에 미치는 영향에 관한 통합적 모형을 구축하였다. 또한 기존의 역동적 역량에서 설명된 내부자원의 통합 재배치 역량을 각각 구분하여 사용하였다. 해외시장 경쟁우위에 있어서도 이를 각각 비용, 제품, 서비스 우위의 세 가지로 구분하여 선행요인과의 관계를 살펴보는 연구모형을 제안하였다. 총 386개의 표본을 대상으로 하여 구조방정식 모형을 이용하여 분석을 실시하였다. 분석 결과 학습역량은 역동적 역량 모두에 긍정적인 영향을 주고 있음을 확인하였다. 또한 학습역량은 경쟁우위 중에서 제품우위를 제외한 서비스와 비용 우위에 긍정적 영향을 주고 있다. 역동적 역량의 경우 자원 통합은 경쟁우위 전체 요소에 대해서 그리고 자원 재배치의 경우 제품과, 서비스 우위에 유의한 영향을 미치고 있음을 알 수 있었다. 또한 역동적 역량의 학습역량과 경쟁우위에 대한 매개효과 분석 결과 역동적 역량은 학습역량과 비용우위 사이를 매개하고 있음을 확인하였다.

• 무역상무연구
• /
• 제73권
• /
• pp.43-63
• /
• 2017

Amidst dynamic business environment, creating competitive advantage, source of competitiveness, is a critical issue for international port operations. To overcome limitations of prior studies adopted cross-sectional approach, this study reviews a way to continually sustain and create competitive advantage, based on the case of Busan port in South Korea. Development plans, operations and management practices from2005 to 2014 were investigated and reviewed. Results revealed that enhancement of infrastructure, new engine to sustainable growth, green and safety, and partnership enhancement were a source of creating competitive advantage. The results help theoretical advances on competitiveness and its durability, and provide useful insights for creating competitive advantages and future improvement in international port operations.

• The Journal of Asian Finance, Economics and Business
• /
• 제8권3호
• /
• pp.1009-1019
• /
• 2021

This study examined the effect of market sensing capability and information technology competency (IT competency) on innovation and competitive advantage in small and medium-sized tour operators (SMTOs). This research was conducted on the SMTOs located in three major cities for a tourism destination, meeting, and exhibition in East Java, Indonesia. 175 directors or managers of SMTOs were sampled using the purposive sampling technique. Data was obtained from directors or managers using a structured questionnaire. The empirical data was then analyzed by using Structural Equation Modeling (SEM). This study showed that market sensing capability positively and significantly affects innovation. Furthermore, competitive advantage was positively and significantly affected by market sensing capability. Although results showed that IT competence positively and significantly affects innovation, in contrast, it did not positively and significantly affect competitive advantage. These research findings suggest that market sensing capability and innovation have a substantial role in creating a competitive advantage for SMTOs facing the Revolution Industry 4.0 and a dynamic environment. Thus, innovation for SMTOs can be achieved by optimizing the role of market sensing capability and IT competency. However, this study also suggests that the capability or competence will not have any impact on competitive advantage if neither is optimized.

• 벤처창업연구
• /
• 제17권5호
• /
• pp.17-30
• /
• 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.