JinHyo Joseph Yun, KyungBae Park, JeongHo Yang and WooYoung Jung
The purpose of this paper is to explore the ideological foundation of open innovation strategies and the open business model, which are appearing as new industrial paradigms based…
Abstract
Purpose
The purpose of this paper is to explore the ideological foundation of open innovation strategies and the open business model, which are appearing as new industrial paradigms based on information technology (IT).
Design/methodology/approach
First, this paper examined the ideological foundation of Deleuze, Whitehead, and Popper. Next, Taoism was scrutinized to discover concrete bases for open innovation.
Findings
Here, it was found that Taoism completely coincides with the logical basis of open innovation. The theory “the supreme good is like water” of Taoism means to vacate oneself and fill the space with others to create paradoxes, thereby filling oneself with a more creative method.
Originality/value
Taoism provides a way to present paradoxes through the idea of vacating and opening to reach a creative stage of leaving nature as it is.
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JinHyo Joseph Yun, WooYoung Jung and JeongHo Yang
– The purpose of this study is to figure out the factors for sustainable growth of small- and medium-sized enterprises (SMEs).
Abstract
Purpose
The purpose of this study is to figure out the factors for sustainable growth of small- and medium-sized enterprises (SMEs).
Design/methodology/approach
In all, 27 SMEs in the area of IT (Information Technology) in Korea were analysed through interview method basically.
Findings
It is found that sustainable development of SMEs requires two kinds of open innovation which are knowledge strategy and business model. According to developing process, SMEs change their open innovation strategy in knowledge strategy and business model. The highest growth limit of SMEs depends on open innovation in knowledge strategy and business model in sequence from closed innovation in both, through open innovation in both, to open innovation in knowledge strategy and closed innovation in business model and to closed innovation in knowledge strategy and open innovation in business model.
Research limitations/implications
First, the present study was conducted with IT sector SMEs in Korea. It is true that the IT sector is one of the most rapidly changing industrial sectors and is one of representative business types of SMEs in which manufacturing and service industries coexist and diverse sizes of SMEs exist (Malerba, 2002). Second, the present study relies on case study methods. It is true that case study is a method that gives excellent qualitative analysis in firm studies (Yin, 2008).
Practical implications
SMEs cannot survive if they do not accept open innovation in knowledge strategy and business model. SMEs that show absolute limitations in resources and manpower should absolutely implement open innovation strategies to secure more diverse resources from markets and external knowledge bases rather than preparing all resources and capabilities by themselves (Van de Vrande et al., 2009; Yun and Mohan, 2012a, 2012b).
Social implications
SMEs should bear in mind the two different levels of open innovation, such as knowledge strategies and business models (Chesbrough, 2007; Chesbrough and Appleyard, 2007).
Originality/value
SMEs should not confuse between temporally sustainable development and infinite sustainable development. Firms that take closed innovation strategies in both knowledge strategies and business models can also grow for some time. However, because of the deepening of knowledge-based economy, not only the amount of knowledge existing in the world and the speed of knowledge distribution increased but also the customers’ demands and expectations have been observed to increase in the market immediately through social networking sites (SNS), etc. (Yun and Ryu, 2012).
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South Korea has signed and implemented 15 free trade agreements (FTAs) with 52 countries. More than 80 percent of imports of agricultural products came from FTA partner countries…
Abstract
Purpose
South Korea has signed and implemented 15 free trade agreements (FTAs) with 52 countries. More than 80 percent of imports of agricultural products came from FTA partner countries in 2015. We can say that South Korea entered the era of an opening in agricultural import sector. It means that FTA is an important factor in causing changes in agricultural imports. As a result of the implementation of the FTA, tariff cuts and other changes in trade conditions could lead to an increase in imports of agricultural products from FTA partner country or diversity of partners. South Korea has implemented 15 FTAs so far, each with a different period of implementation, different scale of trade, and different major trade items. This means that each FTA will have a different size and type of impact on the changes in the import structure. Therefore, the purpose of this paper is to analyze how the FTA actually affected agricultural imports and what type of impact each FTA had. Especially, the authors focused on the effects of trade creation and diversion to analyze the patterns of structural changes in the import of agricultural products according to the implementation of FTAs.
Design/methodology/approach
In this study, the authors analyzed both trade creation and trade diversion effect through the poisson pseudo-maximum likelihood method based on the previous research gravity model of Magee (2008, p. 353) and Yang and Martinez-Zarzoso (2014, p. 144). The biggest improvement compared to the standard gravity model is that all variables such as GDP, population, and distance are removed. This model cannot be regarded as a gravity model because the basic parameters of gravity model such as GDP, population, distance are excluded, but it can be said that the fixed effect variables replace the basic parameter of the gravity model.
Findings
According to the analysis, the authors found that the effects of trade creation were apparent in the early stages of FTA implementation before 2011 and the effect of the trade transition was seen in the mid-FTA transition period after 2011. The authors also clarified the pattern of structural changes in the agricultural imports of each FTAs. It is shown that the change in agricultural import structures was more apparent in major FTAs like the Korea-ASEAN, Korea-EU, and Korea-US FTA. In other words, the effects of trade creation and trade diversion in these FTAs were found to be statistically significant.
Research limitations/implications
The limitations of this study are as follows. First, as multiple FTAs are implemented simultaneously, the effects of individual FTA can be offset. Second, the FTA effect of each item was not reflected, because it was analyzed based on the amount of imports by country. Third, the effect of the trade between the partners was not reflected. Therefore, future studies need to add or supplement these limitations.
Practical implications
This paper demonstrated through an empirical analysis that the FTA directly affects changes in agricultural import structure. And it proved that the period of FTA implementation, items imported from FTA partner countries, and the size of imports affected the structure of agricultural imports. Of course, changes in the domestic consumption patterns, changes in the supply and demand, conditions of quarantine inspection, and preference of importers are also factors that affect the structure of agricultural imports. It is expected that the effect of trade creation and the effect of trade diversion in agricultural import will be more significant when tariff rates are further decreased due to FTA implementation and domestic demand of agricultural product rises as a result of an economic recovery. As the FTA directly affects changes in agricultural imports, it should be carefully dealt with when signing a new FTA or improving the existing ones. And appropriate measures should be taken to minimize damages to the domestic agricultural sector due to changes in the import structure of agricultural products.
Originality/value
This paper fulfils an identified need to do research what kinds of effect occurred after FTA implementation in the agricultural sector. An empirical analysis was conducted on the effects of trade creation and diversion of agricultural products, based on the actual results of bilateral trade between the 50 major importers of agricultural products, including the 30 FTA partner countries.
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Hsing-Er Lin, Andy Yu, Jeongho Choi, Chiung-Wen Tsao, Jeff Stambaugh and Dina L. Taylor
This study aims to investigate the effects of CEO gender on social enterprise (SE) value creation and the moderating effect of selective attention on SEs’ dual goals (i.e…
Abstract
Purpose
This study aims to investigate the effects of CEO gender on social enterprise (SE) value creation and the moderating effect of selective attention on SEs’ dual goals (i.e. relative attention to social versus economic goals).
Design/methodology/approach
The authors surveyed 596 active Taiwanese SEs to rate independent and moderating variables and received 191 responses (109 female and 82 male CEOs). The authors used external SE experts to evaluate each SE’s economic and social value creation, lowering the threat of common method bias and enhancing data quality.
Findings
Social value creation is higher with female chief executive officer (CEOs) (than with male CEOs), whereas economic value creation tends to be lower. But, attentional selection (i.e. changes in attention) to economic goals by female CEOs mitigates the negative relationship between female CEOs and economic value creation.
Practical implications
Gender diversity in the top management team is critical for dual-goal attainment. Decision-makers’ attention focus could vary along with the situation to achieve the desired outcomes. Thus, creating an attention structure under a given situation may help guide the decision-making process toward the desired performance for SEs.
Originality/value
Little research brings the attention-based view to investigate the effects of managerial gender roles on the dual-goal performance (i.e. social versus economic value creation) of SEs and test its contingency, and to the best of the authors’ knowledge, this study is the first to do so. This study also adopted a unique research design asking outside SE experts to provide the performance data.
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Giulia Flamini, Massimiliano Matteo Pellegrini, Mohammad Fakhar Manesh and Andrea Caputo
Since the first definition of open innovation (OI), the indivisible relationship between this concept and entrepreneurship was undeniable. However, the exact mechanisms by which…
Abstract
Purpose
Since the first definition of open innovation (OI), the indivisible relationship between this concept and entrepreneurship was undeniable. However, the exact mechanisms by which an entrepreneurial approach may benefit OI processes and vice versa are not yet fully understood. The study aims to offer an accurate map of the knowledge evolution of the OI–entrepreneurship relationship and interesting gaps to be filled in the future.
Design/methodology/approach
The study adopted a bibliometric analysis, coupled with a systematic literature review performed over a data set of 106 peer-reviewed articles published from 2005 to 2020 to identify thematic clusters.
Findings
The results show five thematic clusters: entrepreneurial opportunities, organisational opportunities, strategic partnership opportunities, institutional opportunities and digital opportunities for OI. Investigating each of them, the authors created a framework that highlights future avenues for further developing the topic.
Originality/value
This study is the first of its kind to systematise, analyse and critically interpret the literature concerned with the topic of the OI–entrepreneurship.
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China is currently developing and promoting an industrial cluster policy at the government level. By enacting the ‘Opinion on promoting industrial cluster development’, China is…
Abstract
China is currently developing and promoting an industrial cluster policy at the government level. By enacting the ‘Opinion on promoting industrial cluster development’, China is supporting the development of industrial clusters. Building an industrial cluster is done by using a single factor but requires many additional factors like regional characteristics, competitiveness factors are also diversified. To evaluate the competitiveness of the Chinese automobile industry cluster, a competitiveness element index should be developed and a competitiveness evaluation method is needed to evaluate the importance of each element. To accomplish this objective, this research applied the analytic hierarchy process (AHP) and focused on the importance of the competitiveness elements.
This research investigated the character is tics regarding cases of clusters and also analyzed the competitiveness of the Changchun automobile cluster located in northeastern China. The purpose of this research is to help Korean enterprises who enter China in the hopes that Korea will emerge as a top automobile production country.