Recently, the advanced technology have brought born global phenomenon as a emerging paradigm. Especially Communication & Transportation Technology saved cost and eased global firms to go abroad. Although there are a lot of studies about born glob...

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https://www.riss.kr/link?id=T11609024
대전 : 忠南大學校 大學院, 2009
학위논문(박사) -- 忠南大學校 大學院 , 貿易學科 國際經營專攻 , 2009. 2
2009
한국어
658 판사항(22)
대전
(An) Empirical Study on Global Orientation, Marketing Strategy & Overseas Market Performance of Born Global Firms
vi, 153p. ; 26cm.
충남대학교 논문은 저작권에 의해 보호받습니다.
지도교수:朴在基
설문지: "태생적 글로벌 기업의 글로벌지향성, 마케팅전략 및 해외시장성과"에 관한 연구조사 설문서
참고문헌: p.121-141
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다운로드다국어 초록 (Multilingual Abstract)
Recently, the advanced technology have brought born global phenomenon as a emerging paradigm. Especially Communication & Transportation Technology saved cost and eased global firms to go abroad. Although there are a lot of studies about born glob...
Recently, the advanced technology have brought born global phenomenon as a emerging paradigm. Especially Communication & Transportation Technology saved cost and eased global firms to go abroad.
Although there are a lot of studies about born global firms overseas, there is a lack of studies in Korea. Accordingly, this study investigates born global firms in Korea using Korean Business Directory published by Korea Trade-Investment Promotion Agency(Kotra).
The goals of this dissertation are 1) to develop theoretical model related to global orientation which describes key orientations of born global firms and marketing strategy which includes product differentiation and marketing differentiation; 2) to test the impact of global orientation & marketing strategy to overseas market performance; 3) to define born global firms & describe the present state of Korean born global firms.
The definition of born global firm varies. This dissertation classifies born global firms by time & value chain activity. Born exporting firms are companies which operate in international markets through export within 3 years after their establishment. Born international and born global firms are companies that go abroad through corporation establishment overseas. 260 born global firms were confirmed using Korean Business Directory by Kotra. Moreover, mail questionnaire was sent to CEO, executives & personnel in charge of foreign activities. Nearly 100 responses were received and analyzed.
This dissertation analyzed the impact of global orientation & marketing strategy to foreign market performance. International entrepreneurial orientation is based on resource-based perspective, International network orientation is based on resource dependence theory. The independent variables related to Global marketing strategy are product-based differentiation and marketing-based differentiation. The dependent variable was the firm's foreign market performance.
Results shows that international vision and commitment to market influenced foreign market performance. Top management of born global firms tends to see the world as their firm's marketplace and continuously communicates its mission to succeed overseas. Top management also is focused on developing resources for achieving foreign goals.
International network concentration included in International network orientation is a significant antecedent to foreign market performance. However, availability(resource munificence) is not a significant antecedent to foreign market performance. This means that Korean born global firms don't have enough resources to go abroad.
Product differentiation is not a significant antecedent to foreign market performance. but marketing differentiation is a significant antecedent.
The results shows that only some variable of global orientation affects marketing strategy. International vision & commitment to market don't affect product differentiation; but International commitment to market influences to marketing differentiation. International innovativeness is an antecedent which influence product differentiation & marketing differentiation strategy. International network concentration effects product differentiation strategy. A lot of Korean born global firms engages in industrial goods sector. This makes them to concentrate in minor customers and have an effect on product differentiation strategy.
Analyzing results shows that quality satisfaction intermediates the relationship between marketing strategy and foreign market performance. This means that although product differentiation don't affect directly to foreign market performance, it affects indirectly to foreign market performance through quality satisfaction. This is a meaningful result compared to the study results that product differentiation don't affect directly to foreign market performance in case of Denmark born global firms.
This study also confirms and analyzes statistically the present state of Korean born global firms. The industrial goods companies occupy 69.3% of Korean born global firms. This is the same as the study result of foreign born global firms. Foreign experience before establishment can make an influence on internationalization of born global firms, but not necessarily. Although there is a lack in foreign experience, the internationalization of born global firms is possible based on the competition of distinctive technology competencies & network relationships. 68.6% of Korean born global firms engages in American, China, & Southeast Asia at the beginning & present major market.
IT company occupy 53.5% of Korean born global firms. Nonetheless, born global phenomenon is not restricted to Technology-based company. The result on the competitiveness of born global firms at the beginning of foreign activity shows that the distinctive technology competency account for 42.6%. These consequences mean that although Internationalization is a strategic selection(Chen and Martin, 2001), SMEs based on High-tech occupy more of internationalizing companies than traditional SMEs.
The result on International motivation shows that Narrow domestic market, Need for development in foreign market & entrepreneur's own will account for 83.2% of Korean born global firm. A lack of global network occupy 25.7% of the bottleneck of foreign market development for Korean born global firms. This result raise a need to research on international network orientation.
This dissertation contributes to understand born global phenomenon in Korea. Especially, a construction of global orientation is useful in describing the culture of organization in born global firms. This study also contributes to enlarge the definition of born global firm by including foreign direct investment.
Some limits of this dissertation are first, a number of country and foreign sales weight was not included in born global definition. Moreover, although a comparative study between incremental internationalized firms and born global firms is useful, this dissertation didn't perform that one. International network orientation was intended to apply resource dependence theory, but an additional research is needed for a larger application.
목차 (Table of Contents)