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    이머징 마켓 진출 전략의 인과관계에 대한 탐색적 연구: 시스템 사고에 의한 접근 = Exploratory Study on Causality of Expansion Strategy into Emerging Market: Systems Thinking Approach

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    https://www.riss.kr/link?id=A99538236

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    다국어 초록 (Multilingual Abstract) kakao i 다국어 번역

    This study suggests a set of Causal Loop Diagram (CLD) of Causality Mechanism which integrates the matter of characteristics of emerging market and its expansion strategies. In order to make CLD more objective, all causalities are articulated from recent 55 studies (2000~2012) of SSCI Top Journals. This approach is valuable in that it is a first try to draw all the causalities from rigorous literature review regarding emerging market strategy. The 5 CLDs will show and clarify the strategies of how to expand into emerging market for MNCs. In sum, political activity and institutional void is a critical factor related to characteristics of emerging market, and CSV and cultural distance should be considered as a leverage point. For all this study`s contribution to clarify the causality of emerging market strategies with abundant literature review, the study has its limits in integrating and testing CLD.
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    This study suggests a set of Causal Loop Diagram (CLD) of Causality Mechanism which integrates the matter of characteristics of emerging market and its expansion strategies. In order to make CLD more objective, all causalities are articulated from rec...

    This study suggests a set of Causal Loop Diagram (CLD) of Causality Mechanism which integrates the matter of characteristics of emerging market and its expansion strategies. In order to make CLD more objective, all causalities are articulated from recent 55 studies (2000~2012) of SSCI Top Journals. This approach is valuable in that it is a first try to draw all the causalities from rigorous literature review regarding emerging market strategy. The 5 CLDs will show and clarify the strategies of how to expand into emerging market for MNCs. In sum, political activity and institutional void is a critical factor related to characteristics of emerging market, and CSV and cultural distance should be considered as a leverage point. For all this study`s contribution to clarify the causality of emerging market strategies with abundant literature review, the study has its limits in integrating and testing CLD.

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    참고문헌 (Reference)

    1 김상욱, "지식성장 잠재력 측정을 위한 동태적 지식경영시스템 시뮬레이션 모델 개발에 관한 연구" 한국시스템다이내믹스학회 11 (11): 103-131, 2010

    2 이동현, "제휴 파트너의 학습 유형이 지식 이전에 미치는 영향" 한국국제경영학회 17 (17): 1-30, 2006

    3 김동환, "시스템사고의적용에 관한 내면적 성찰:점진적 시스템사고의 모색" 정부학연구소 11 (11): 63-85, 2005

    4 김도훈, "시스템다이내믹스" 대영문화사 1999

    5 김상욱, "시스템 사고와 시나리오 플래닝" 충북대학교 출판부 2008

    6 정재운, "동태적 분석 및 설계를 위한 인과지도 작성법의 한계와 개선방안에 관한 연구" 한국시스템다이내믹스학회 10 (10): 33-60, 2009

    7 Ready, D., "Winning the race for talent in emerging markets(cover story)" 86 (86): 62-70, 2008

    8 Khanna, T., "Why focused strategies may be wrong for emerging markets" 75 (75): 3-10, 1997

    9 Nidumolu, R., "Why Sustainability Is Now the Key Driver of INNOVATION" 87 (87): 56-64, 2009

    10 Peng, M. W., "What Determines The Scope of the Firm Over Time? A Focus on Institutional Relatedness" 30 (30): 622-633, 2005

    1 김상욱, "지식성장 잠재력 측정을 위한 동태적 지식경영시스템 시뮬레이션 모델 개발에 관한 연구" 한국시스템다이내믹스학회 11 (11): 103-131, 2010

    2 이동현, "제휴 파트너의 학습 유형이 지식 이전에 미치는 영향" 한국국제경영학회 17 (17): 1-30, 2006

    3 김동환, "시스템사고의적용에 관한 내면적 성찰:점진적 시스템사고의 모색" 정부학연구소 11 (11): 63-85, 2005

    4 김도훈, "시스템다이내믹스" 대영문화사 1999

    5 김상욱, "시스템 사고와 시나리오 플래닝" 충북대학교 출판부 2008

    6 정재운, "동태적 분석 및 설계를 위한 인과지도 작성법의 한계와 개선방안에 관한 연구" 한국시스템다이내믹스학회 10 (10): 33-60, 2009

    7 Ready, D., "Winning the race for talent in emerging markets(cover story)" 86 (86): 62-70, 2008

    8 Khanna, T., "Why focused strategies may be wrong for emerging markets" 75 (75): 3-10, 1997

    9 Nidumolu, R., "Why Sustainability Is Now the Key Driver of INNOVATION" 87 (87): 56-64, 2009

    10 Peng, M. W., "What Determines The Scope of the Firm Over Time? A Focus on Institutional Relatedness" 30 (30): 622-633, 2005

    11 Cuervo-Cazurra, A., "Transforming disadvantages into advantages: developing-country MNEs in the least developed countries" 39 (39): 957-979, 2008

    12 Peredo, A. M., "Toward a Theory of Community-Based Enterprise" 31 (31): 309-328, 2006

    13 Khanna, T., "The right way to restructure conglomerates in emerging markets" 77 (77): 125-134, 1999

    14 Barney, J., "The resource-based view of the firm: Ten years after 1991" 27 (27): 625-642, 2001

    15 Peng, M. W., "The resource-based view and international business" 27 : 803-829, 2001

    16 Hoskisson, R. E., "The multidivisional structure: Organizational fossil or source of value" 19 : 269-298, 1993

    17 Henisz, W. J., "The hidden risks in emerging markets" 88 (88): 88-95, 2010

    18 Peng, M. W., "The growth of the firm in planned economies in transition: Institutions, organizations, and strategic choice" 21 : 492-528, 1996

    19 Khanna, T., "The future of business groups in emerging economies: Long-run evidence from Chile" 43 : 268-285, 2000

    20 Banga, R., "The export-diversifying impact of Japanese and US foreign direct investments in the Indian manufacturing sector" 37 (37): 558-568, 2007

    21 Thomson, S.J., "The Perils of Partnering in Developing Markets" 91 (91): 23-25, 2012

    22 Spencer, J. W., "The Impact of Multinational Enterprise Strategy on Indigenous Enterprises: Horizontal Spillovers and Crowding out in Developing Countries" 33 (33): 341-361, 2008

    23 Jones, G., "The Growth Opportunity That Lies Next Door" 90 (90): 141-145, 2012

    24 Peter, S., "The Fifth Discipline: The Art and Practice of the Learning Organization" Random House 1990

    25 LU, J. W., "The Contingent Value of Local Partners’ Business Group Affiliations" 51 (51): 295-314, 2008

    26 Porter, M. E., "The Competitive Advantage of Corporate Philanthropy" 80 (80): 56-69, 2002

    27 Johnson, B., "The CEO of Heinz on Powering Growth in Emerging Markets" 89 (89): 47-50, 2011

    28 Li, H., "The Adoption of Agency Business Activity, Product Innovation, and Performance in Chinese Technology Ventures" 23 : 469-490, 2002

    29 Gong, Y., "Subsidiary Staffing in Multinational Enterprises: Agency, Resources, and Performance" 46 (46): 728-739, 2003

    30 Hoskisson, R. E., "Strategy in Emerging Economies" 43 (43): 249-267, 2000

    31 Wright, M., "Strategy Research in Emerging Economies: Challenging the Conventional Wisdom" 42 (42): 1-33, 2005

    32 Porter, M. E., "Strategy & Society: The link between competitive advantage and corporate social responsibility" 84 (84): 78-92, 2006

    33 Khanna, T., "Strategies That Fit Emerging Markets" 83 (83): 63-76, 2005

    34 Prahalad, C. K., "Serving the World's Poor, Profitably" 80 (80): 48-57, 2002

    35 Simanis, E., "Reality Check at the Bottom of the Pyramid" 91 (91): 120-125, 2012

    36 Li, H., "Product Innovation Strategy and The Performance of New Technology Ventures in China" 44 (44): 1123-1134, 2001

    37 Dharwadkar, B., "Privatization in Emerging Economies: An Agency Theory Perspective" 25 (25): 650-669, 2000

    38 Porter, M. E., "Philanthropy’s new agenda: creating value" 77 (77): 121-130, 1999

    39 Kanter, R. M., "Mergers that stick" 87 (87): 121-125, 2009

    40 Peng, M. W., "Managerial Ties and Firm Performance in a Transition Economy: The Nature of a Micro-Macro Link" 43 (43): 486-501, 2000

    41 FEINBERG, S. E., "MNC subsidiaries and country risk: Internalization as a safeguard against weak external institutions" 52 (52): 381-399, 2009

    42 MILLER, S., "Local Density and Foreign Subsidiary Performance" 49 (49): 341-355, 2006

    43 D'Andrea, G., "Let Emerging Market Customers Be Your Teachers" 88 (88): 115-120, 2010

    44 Henisz, W. J., "Legitimacy, Interest Group Pressures, and Change in Emergent Institutions: the Case of Foreign Investors and Host Country Governments" 30 (30): 361-382, 2005

    45 Kogut, B., "Knowledge of the firm and the eVol.utionary theory of the multinational corporation" 24 (24): 625-645, 1993

    46 Kogut, B., "Joint ventures: Theoretical and empirical perspectives" 9 : 319-332, 1988

    47 Tse, E., "Is It Too Late to Enter China?" 88 (88): 96-101, 2010

    48 McCarthy, D. J., "Interpreting The Ethicality of Corporate Governance Decisions in Russia: Utilizing Integrative Social Contracts Theory to Evaluate The Relevance of Agency Theory, Norms" 33 (33): 11-31, 2008

    49 Meyer, K. E., "Institutions, resources, and entry strategies in emerging economies" 30 (30): 61-80, 2009

    50 North, D., "Institutions, institutional change and economic performance" Cambridge University Press 1990

    51 Meyer, K. E., "Institutions, Transaction Costs, and Entry Mode Choice in Eastern Europe" 32 (32): 357-367, 2001

    52 Peng, M. W., "Institutional Transitions and Strategic Choices" 28 (28): 275-296, 2003

    53 Gaur, A. S., "Institutional Environments, Staffing Strategies, and Subsidiary Performance: Lessons from Japanese MNCs" 33 (33): 611-635, 2007

    54 Ichii, S., "How to Win in Emerging Markets: Lessons from Japan" 90 (90): 126-130, 2012

    55 Kumar, N., "How Emerging Giants Are Rewriting the Rules of M&A" 87 (87): 115-121, 2009

    56 VAALER, P. M., "How Do MNCs Vote in Developing Country Elections?" 51 (51): 21-43, 2008

    57 Mesquita, L. F., "Horizontal and Vertical Relationships in Developing Economies: Implications for SMEs’ Access to Global Markets" 51 (51): 359-380, 2008

    58 Kumar, N., "Have You Restructured for Global Success?" 89 (89): 123-128, 2011

    59 PARK, S. H., "Guanxi and Organizational Dynamics: Organizational Networking In Chinese Firms" 22 : 455-477, 2001

    60 Mahmood, I. P., "Government’s dilemma: The role of government in imitation and INNOVATION" 30 (30): 338-360, 2005

    61 Douma, S., "Foreign and domestic ownership, business groups, and firm performance: Evidence from a large emerging market" 27 : 637-657, 2006

    62 Barney, J. B., "Firm resources and sustained competitive advantage" 17 : 99-120, 1991

    63 Miller, D., "Filling the institutional void: The social behavior and performance of family vs Non-family Technology firms in emerging markets" 40 (40): 802-817, 2009

    64 ZHANG, Y., "FDI Spillovers In an Emerging Market: The Role of Foreign Firms’ Country Origin diversity and Domestic Firms’ Absorptive Capacity" 31 : 969-989, 2010

    65 Masaaki Kotabe, "Export strategies and performance of firms from emerging economies: Evidence from Brazil, Chile, and Mexico" ACAD MANAGEMENT 43 (43): 342-361, 200006

    66 Chang, Y., "Expatriate Knowledge Transfer, Subsidiary Absorptive Capacity, and Subsidiary Performance" 55 (55): 927-948, 2012

    67 Khanna, T., "Estimating the Performance Effects of Business Groups in Emerging Markets" 22 (22): 45-74, 2001

    68 Khanna, T., "Emerging Giant:Building world class companies in Developing Countries" 84 (84): 60-69, 2006

    69 Davies, H., "Emergent Patterns of Strategy, Environment and Performance in a Transition Economy" 25 : 347-364, 2004

    70 Malik, O. R., "Dynamic Capabilities, Government Policies, and Performance in Firms from Emerging Economies: Evidence from India and Pakistan" 45 (45): 421-450, 2009

    71 Kale, P., "Don’t Integrate Your Acquisitions, Partner with Them" 87 (87): 109-115, 2009

    72 Bhaumik, S. K., "Does ownership structure of emerging-market firms affect their outward FDI? The case of the Indian automotive and pharmaceutical sectors" 41 : 437-450, 2010

    73 Ghemawat, P., "Distance still matters" 79 (79): 137-147, 2001

    74 Porter, M. E., "Creating Shared Value" 90 (90): 62-77, 2011

    75 Leonard-Barton, D., "Core Capabilities and Core Rigidities: A Paradox in Managing New Product Development" 13 : 111-125, 1992

    76 Brugmann,J., "Cocreating Business’s New Social Compact" 85 (85): 80-90, 2007

    77 Sterman, J. D., "Business Dynamics: Systems Thinking and a Complex World" McGraw-Hill 2000

    78 MAIR, J., "Building inclusive markets in rural Bangladesh: how intermediaries work institutional voids" 55 (55): 819-850, 2012

    79 Sawant, R. J., "Asset Specificity and Corporate Political Activity in Regulated industries" 37 (37): 194-210, 2012

    80 Surroca, J., "Academy of Management Journal" 2012

    81 Gao, G. Y., "A ‘Strategy Tripod’ Perspective on Export Behaviors: Evidence from Domestic and Foreign Firms Based in an Emerging Economy" 41 : 377-396, 2010

    82 Conner, K. R., "A resource-based theory of the firm: Knowledge versus opportunism" 7 : 477-501, 1996

    83 Black, J. S., "A Cautionary Tale for Emerging Market Giants" 88 (88): 99-103, 2010

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