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        신문식(Moonsik Shin),이대섭(Daesuep Lee),정연행(Yeonhaeng Jeong),김민진(Minjin Kim),장길화(Gilhwa Jang) 한국자동차공학회 2012 한국자동차공학회 학술대회 및 전시회 Vol.2012 No.11

        In this paper, a design and analysis for initial development dozer was studied. After the initial design, it is impossible to evaluate the sample. So, this paper proposed the method for FEM with commercial tool. And, in general working status, the motion for dozer of excavator was established by 3 kinds of case. So, it is possible to analyze the strength of parts for dozer consisted of welding part, steel part and so on. 3D modeling of dozer is made by CATIA and FEM analysis is used to MARC program.

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        The Impact of Cross-border M&As on New Product Perfor the Role of Knowledge Relatedness and Degree of Integration

        이영우(Lee, Youngwoo),이진화(Rhee, Jin Hwa),신문식(Shin, Moonsik) 한국상품학회 2021 商品學硏究 Vol.39 No.4

        Using cross-border M&A data, this study investigates the effects of knowledge relatedness between two merging firms, measured by technological complementarity and technological diversity, on the post-merger new product performance. In addition, it aims to find that whether the degree of integration(ownership) of M&A could either propels or restrains the knowledge transfer process in the post-merger process. Based on the resource-based view (RBV) and organization learning theory, a research model is developed utilizing key constructs of knowledge relatedness, the degree of integration, and new product performance. Subsequently, hypotheses are tested using the firms’ patent information and cross-border M&A data in high-technology industries which are collected from National Bureau of Economic Research (NBER) and Securities Data Corporation (SDC), respectively. The results indicate that technological complementarity between merging firms facilitates post-merger exploitive product development while technological diversity increases post-merger exploratory product development. Specifically, when a firm acquires a target firm with complementary resources, it induces the acquiring firm to fall into a familiarity trap, resulting in post-merger exploitative product development. The integration of diverse knowledge stock from the target firms, on the other hand, facilitates exploratory product developments. Our results also confirm that the high degree of integration is particularly beneficial for integrating complementary knowledge due to relatively high absorptive capacity, while it has no effect on knowledge exploration. In this paper, we seek to provide a holistic perspective on the determinants of post-merger new product development by allowing a deeper understanding of technological relatedness between merging firms as well as the interdependence of the pre- and post-merger phases.

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