한국 내 해외자회사 시장지향성이 현지시장 지식획득 및 성과에 미치는 영향: 흡수능력의 역할을 중심으로
The Effects of Market Orientation of Foreign Subsidiary on Local Market Knowledge Acquisition and Performance in South Korea: Focused on Absorptive Capacity
0
조회
0
다운로드
9
인용
0
참고문헌
키워드
초록
최근 다국적기업의 경쟁우위 창출에 있어 해외자회사의 역할이 중요시 되면서 상대적으로 부족했던 해외자회사의 현지시장에서의 지식획득에 관한 논의가 점차적으로 주목을 받고 있다. 따라서 본 연구는 해외자회사의 시장지향성, 현지시장 지식획득, 그리고 자회사 성과와의 관계를 규명하고자 하였다. 즉, 해외자회사가 시장지향성 조직문화를 통해 구축할 수 있는 현지시장 지식획득의 영향요인으로 해외자회사 잠재적 흡수능력, 현지국 관계적 체화성, 그리고 해외자회사의 학습경험을 고려하였다. 또한 이렇게 획득된 현지 시장지식이 자회사의 성과에 영향을 미치는데 있어 자회사의 실현적 흡수능력의 조절효과를 살펴보고자 하였다. 이를 위해 한국에 진출한 253개의 다국적기업 해외자회사를 대상으로 조사를 하였으며, AMOS(7.0 version)과 SPSS(15.0 version)을 사용하여 수집된 자료를 분석하였다. 그 결과 해외자회사의 시장지향성은 자회사의 잠재적 흡수능력, 현지국 관계적 체화성, 그리고 자회사 학습경험 모두에 유의한 영향을 미쳤고, 현지국 관계적 체화성, 자회사 학습경험은 자회사의 잠재적 흡수능력에 긍정적인 영향을 미치는 것으로 확인되었다. 반면 앞선 세 요인들과 현지시장 지식획득 간의 관계에 있어서는 해외자회사의 잠재적 흡수능력만이 긍정적인 영향을 미침을 확인하였다. 또한 해외자회사 현지시장 지식획득은 자회사 성과에 긍정적인 영향을 미쳤으며, 이들의 관계에 있어 자회사의 실현적 흡수능력이 조절효과가 있음을 확인하였다.
Abstract
In response to an increased need of balancing pressures for global integration and local responsiveness, foreign subsidiaries are demanded to play a prominent role in creating and transferring knowledge, valuable for the multinational corporation (MNC). In this context, a key managerial problem pertains to identifying the relationship between local market knowledge acquisition of foreign subsidairy and performance. If companies want to acquire local market knowledge, they should precede market orientation. Especially, foreign subsidiary that takes charge of business activities in unfamiliar environment has to obtain various factors to acquire local market knowledge. Prior to this, it’s most important that companies construct organizational culture which leads them to fully understand the desire of local customers and the strategy for the local market. This study is to examine that the market orientation of foreign subsidiary influences on the local market knowledge acquisition and performance of foreign subsidiary through variables of the potential absorptive capacity of foreign subsidiary, the local relational embeddedness, and the learning experience of foreign subsidiary. Also this study identify the moderating effect of realized absorptive capacity between the local market knowledge acquisition and performance of foreign subsidiary. For a more realistic approach the data was collected from foreign subsidiaries in South Korea. 253 samples were used for this analysis with AMOS (7.0 version) and SPSS (15.0 version). Collected samples were tested by factor analysis and Cronbach’s Alpha coefficients and were found to be satisfactory in terms of validity and reliability. Furthermore, fitness of the measurement model was tested by using confirmatory factor analysis and fitness of the model for hypothesis testing was adequate on various goodness of fit indices. There are following empirical results. First, the market orientation of foreign subsidiary has a significant effect on the potential absorptive capacity of foreign subsidiary, the local relational embeddedness, and the learning experience of foreign subsidiary. Second, the local relational embeddedness, and the learning experience of foreign subsidiary have an effect on the potential absorptive capacity of foreign subsidiary, Third, the potential absorptive capacity of foreign subsidiary only play a significant role on the local market knowledge acquisition. Finally, the realized absorptive capacity play a significant role in moderating between the local market knowledge acquisition and performance of foreign subsidiary. Even though this study tried hard to provide meaningful results and implications, there still are some limitations. First, since we had selected foreign subsidiaries as subjects of the analysis, we only chose the ones that run their business only in Korea. Thus, it may not be appropriate to argue that the result of this study can be applied to other countries, because of different cultures and systems. Second, this study put restraints on the subjects of the analysis by selecting only foreign subsidiaries of MNCs currently operating production and sales in Korea. Accordingly, it is hard to say that the result of this study can be adapted to other subsidiaries which were established under different purposes such research and development or resource development. Finally, since we only got the response from one personnel per each corporation, the result of the analysis can be biased by subjectivity of the respondent. In other words, the problem of common method bias can occur. To settle those problems, further studies could use the second source added to questionnaire to minimize such problem, for example, getting a multiple response from one subsidiary, or using more objective measurements such as an introduction rate of technology acquired in local market in measuring the level of local market knowledge acquisition.
참고문헌 (103)
- 김영조, "기술협력 활동이 중소기업의 기술혁신 성과에 미치는 영향:지식흡수능력(Absorptive Capacity)의 조절효과를 중심으로", 경영학연구, 34(5), pp.1365~1390 (2005), 한국경영학회
- 노전표, "지식기반서비스 공급자의 시장지향성이 수혜자의 소싱과정에 미치는 영향", 아시아마케팅저널, 8(1), pp.49~76 (2006), 한국마케팅학회
- 박유식, "내부․외부시장지향성이 서비스품질 및 내부․외부고객만족에 미치는 영향", 기업경영연구, 19(3), pp.305~330 (2012), 한국기업경영학회
- 박지훈, "A Study on Intra-organizational Knowledge Flows and Absorptive Capacity between MNEs’ Headquarter and Subsidiary", 국제통상연구, 16(2), pp.27~55 (2011), 한국국제통상학회
- 방호열, "해외직접투자기업의 지식획득과 활용성과", 무역학회지, 30(6), pp.69~101 (2005), 한국무역학회
- 방호열, "국제기업 현지적응성의 결정요인과 성과에 미치는 영향", 국제통상연구, 11(1), pp.99~132 (2006), 한국국제통상학회
- 이건희, "The Influence of the Overseas Subsidiary’s Market Orientation, Entrepreneurship, and Network on Its Dynamic Capability", 대한경영학회지, 24(5), pp.3007~3024 (2011), 대한경영학회
- 임재오, "벤처기업의 해외진출동기와 성과에 영향을 미치는 핵심요인에 관한 연구", 기업경영연구, 19(3), pp.279~303 (2012), 한국기업경영학회[DOI]
- 조봉진, "한국 벤처기업의 시장지향성과 시장지식능력이 신제품경쟁우위에 미치는 영향", 마케팅관리연구, 7(1), pp.1~23 (2002), 한국마케팅관리학회
- 최순규, "해외자회사의 현지에서 지식습득-한국 진출 다국적기업을 중심으로", 경영학연구, 36(2), pp.231~256 (2007), 한국경영학회
- 최지호, "중국시장에서 비즈니스 Guanxi와 장기지향성간의 관계 -환경 불확실성의 조절효과-", 기업경영연구, 17(2), pp.63~74 (2010), 한국기업경영학회
- 송재용, "다국적 기업의 현지 지식 습득에 기여하는 요인에 대한 연구: 일본 다국적 기업과 그 해외 연구소를 중심으로", 국제경영연구, 16(1), pp.71~100 (2005), 한국국제경영학회
- Adenfelt, M., "The Development and Sharing of Knowledge by Centres of Excellence and Transnational Teams : A Conceptual Framework", Management International Review, 48(1), pp.319~338 (2008)
- Agarwal, S., "Market Orientation and Performance in Service Firms : Role of Innovation", Journal of Services Marketing, 17(1), pp.68~82 (2003)
- Almeida, P., "The Localization of Knowledge and The Mobility of Engineers in Regional Networks", Management Science, 45(2), pp.905~917 (1999)
- Almeida, P., "Subsidiaries and Knowledge Creation : The Influence of The MNC and Host Country on Innovation", Strategic Management Journal, 25(1), pp.847~864 (2004)
- Ambler, T., "The Future of Relational Research in International Marketing : Constructs and Conduits", International Marketing Review, 17, pp.492~508 (2000)
- Andersson, U., "In Search of Centers of Excellence : Network Embeddedness and Subsidiary Roles in Multinational Corporations", Management International Review, 40(4), pp.329~338 (2000)
- Andersson, U., "The Strategic Impact of External Networks : Subsidiary Performance and Competence Development in The Multinational Corporation", Strategic management Journal, 17(1), pp.976~996 (2002)
- Anh, P. T. T., "Knowledge Acquisition from Foreign Parents in International Joint Ventures : An Empirical Study in Vietnam", International Business Review, 15(5), pp.463~487 (2006)
- Baker, W. E., "The Synergy Effect of Market Orientation and Learning Orientation on Organizational Performance", Academy of Marketing Science Journal, 27(4), pp.411~427 (1999)
- Baldwin, B., "A Primer in The Use and Interpretation of Structural Equation Models", Measure and Evaluation in Counseling and Development, 22, pp.100~112 (1989)
- Birkinshaw, J. M., "Characteristics of Foreign Subsidiaries in Industry Clusters", Journal of International Business Studies, 31(1), pp.141~154 (2000)
- Bjorkman, I., "Managing Knowledge Transfer in MNCs : The Impact of Headquarters Control Mechanisms", Journal of International Business Studies, 35(1), pp.443~455 (2004)
- Cadogan, J. W., "Export Market-Oriented Behavior and Export Performance", International Marketing Review, 20(5), pp.493~534 (2003)
- Cano, C. R., "A Meta-Analysis of The Relationship Between Market Orientation and Business Performance : Evidence from Five Continents", International Journal of Research in Marketing, 21(6), pp.179~200 (2004)
- Cohen, W., "Absorptive Capacity : A New Perspective on Learning and Innovation", Administrative Science Quarterly, 35(1), pp.128~152 (1990)
- Cui, A. S., "The Influence of Market and Cultural Environmental Factors on Technology Transfer Between MNCs and Local Subsidiaries : A Croatian Illustration", Journal of World Business, 41(2), pp.100~111 (2006)
- Deeds, D. A., "Dynamic Capabilities and New Product Development in High Technology Ventures : An Empirical Analysis of New Biotechnology Firms", Journal of Business Venturing, 15, pp.211~229 (1999)
- Delios, A., "Survival and Profitability : The Roles of Experience and Intangible Assets in Foreign Subsidiary Performance", Academy of Management Journal, 44(5), pp.1028~1038 (2001)
- De Luca, L. M., "Market Knowledge Dimensions and Cross-Functional Collaboration : Examining The Different Routes to Product Innovation Performance", Journal of Marketing, 71(1), pp.95~112 (2007)
- Deshpande, R., "Corporate Culture, Customer Orientation and Innovativeness in Japanese Firm : A Quandary Analysis", Journal of Marketing, 57(1), pp.23~38 (1993)
- Dhanaraj, C. L., "Managing Tacit and Explicit Knowledge Transfer in IJVs : The Role of Relational Embeddedness and The Impact on Performance", Journal of International Business Studies, 35(2), pp.428~442 (2004)
- Dodgeson, M., "Learning, Trust and Inter- Firm Technological Linkage: Some Theoretical Associations, In Technological Collaboration", pp.54~75 (1996), Edward Eigar
- Doz, Y. L., "Knowledge Creation, Knowledge Sharing and Organizational Structures and Processes in MNCs", Journal of Management Governance, 10, pp.29~33 (2006)
- Frambach, R. T., "The Influence of Business Strategy on New Product Activity : The Role of Market Orientation", International Journal of Research in Marketing, 20, pp.377~397 (2003)
- Frost, T. S., "Centers of Excellence in Multinational Corporations", Strategic Management Journal, 23(2), pp.997~1018 (2002)
- George, G., "The Effects of Alliance Portfolio Characteristics and Absorptive Capacity on Performance : A Study of Biotechnology Firms", Journal of High Technology Management Research, 12(3), pp.205~226 (2001)
- Geringer, J. M., "Measuring Performance of International Joint Ventures", Journal of International Business Studies, 22(2), pp.249~263 (1991)
- Giuliani, E., "The Micro-Determinants of Micro-Level Learning and Innovation : Evidence from a Chilean Wine Cluster", Research Policy, 34(1), pp.47~68 (2005)
- Granovetter, M., "Economic Action and Social Structure : The Problem of Embeddedness", American Journal of Sociology, 91(3), pp.481~510 (1985)
- Grant, R. M., "Toward a Knowledge-Based Theory of The Firm", Strategic Management Review, 17(Special Edition), pp.109~122 (1996)
- Gresham, G., "Inter-Functional Market Orientation Between Marketing Departments and Technical Departments in The Management of The New Product Development", Journal of Behavioral and Applied Management, 8, pp.43~66 (2006)
- Gulati, R., "Strategic Network", Strategic Management Journal, Special Issue, 21(3), pp.203~215 (2000)
- Gupta, A. K., "Knowledge Flow Within Multinational Corporations", Strategic Management Journal, 21(4), pp.473~496 (2000)
- Hair, J. F., "Multivariate Data Analysis", pp.654~667 (2005), Prentice-Hall
- Hakanson, L., "Organizational Characteristics and Reverse Knowledge Transfer", Management International Review, 40(special issue), pp.29~48 (2001)
- Han, J. K., "Market Orientation and Organizational Performance : Is Innovation a Missing Link?", Journal of Marketing, 62, pp.30~45 (1998)
- Harris, L. C., "Leadership Style and Market Orientation: An Empirical Study", European Journal of Marketing, 35(5, pp.6) (2001), 35~47
- Hult, G. T., "Does Market Orientation Matter? A Test of The Relationship Between Positional Advantage and Performance", Strategic Management Journal, 22(9), pp.899~906 (2001)
- Jansen, J. J. P., "Managing Potential and Realized Absorptive Capacity : How do Organizational Antecedents Matter?", Academy of Management Journal, 48(6), pp.999~1015 (2005)
- Jaworski, B. J., "Market Orientation : Antecedents and Consequences", Journal of Marketing, 57, pp.53~70 (1993)
- Johanson, J., "The Mechanism of Internationalization", International Marketing Review, 7(4), pp.1~24 (1990)
- Johnson, J. L., "Market Focused Strategic Flexibility : Conceptual Advances and an Integrative Model", Journal of the Academy of Marketing Science, 31(1), pp.74~89 (2003)
- Kale, P., "Learning and Protection of Proprietary Assets in Strategic Alliances: Building Relational Capital", Strategic Management Journal, 21(Special Issue), pp.217~237 (2000)
- Kaleka, A., "Learning and Locale : The Role of Information, Memory and Environment in Determining Export Differentiation Advantage", Journal of Business Research, 59(9), pp.1016~1024 (2006)
- Kim, L. S., "Crisis Construction and Organizational Learning : Capability Building in Catching-Up at Hyundai Motor", Organizational Science, 9(4), pp.506~521 (1998)
- Kirca, A. H., "Market Orientation : A Meta-Analytic Review and Assessment of Its Antecedents and Impact on Performance", Journal of Marketing, 69(4), pp.24~41 (2005)
- Kohli, A. K., "Market Orientation : The Construct, Research Propositions and Managerial Implications", Journal of Marketing, 54(4), pp.1~18 (1990)
- Lane, P. J., "Relative Absorptive Capacity and Interorganizational Learning", Strategic Management Journal, 19(5), pp.461~477 (1998)
- Lane, P. J., "Absorptive Capacity, Learning and Performance in International Joint Venture", Strategic Management Journal, 22(12), pp.1139~1161 (2001)
- Lane, P. J., "The Reification of Absorptive Capacity : A Critical Review and Rejuvenation of The Construct", Academy Management Review, 31(4), pp.833~863 (2006)
- Liao, S. H., "Knowledge Sharing, Absorptive Capacity and Innovation Capability : An Empirical Study Taiwanʼs Knowledge-Intensitive Industries", Journal of Information Science, 33(3), pp.340~359 (2007)
- Little, S., "Managing Knowledge: An Essential Reader" (2002), SAGE Publications Ltd.
- Luo, Y., "Determinants of Local Responsiveness : Perspectives from Foreign Subsidiaries in an Emerging Markets", Journal of Management, 27(2), pp.451~477 (2001)
- Luo, Y., "Learning to Compete in a Transition Economy : Experience, Environment and Performance", Journal of International Business Studies, 30(2), pp.269~295 (1999)
- Lyles, M. A., "Knowledge Acquisition from Foreign Parents in International Joint Ventures: An Empirical Examination in the Hungarian Context, In Co- operative strategies: 2, European Perspectives", pp.325~355 (1997), The New Lexington Press
- Makino, S., "Local Knowledge Transfer and Performance : Implications for Alliance Formation in Asia", Journal of International Business Studies, 27(5), pp.905~927 (1996)
- Matsuno, K., "The Effects of Entrepreneurial Proclivity and Market Orientation on Business Performance", Journal of Marketing, 66(7), pp.305~318 (2002)
- McDougall, P., "A Comparison of International and Domestic New Ventures", Journal of International Entrepreneurship, 1(1), pp.59~82 (2003)
- Minbaeva, D., "MNC Knowledge Transfer, Subsidiary Absorptive Capacity and HRM", Journal of International Business Studies, 34(1), pp.586~599 (2003)
- Moorman, C., "Organizational Market Information Processes : Cultural Antecedents and New Product Outcomes", Journal of Marketing Research, 32(8), pp.318~335 (1995)
- Morgan, N. A., "Market Orientation, Marketing Capabilities and Firm Performance", Strategic Management Journal, 30, pp.909~920 (2009)
- Mu, S., "Foreign Subsidiariesʼ Learning from Local Environments : An Empirical Test", Management International Review, 47(2), pp.79~102 (2007)
- Narver, J. C., "The Effect of a Market Orientation on Business Profitability", Journal of Marketing, 54(4), pp.20~35 (1990)
- Nelson, R., "An Evolutionary Theory of Economic Change" (1982), Harvard University Press
- Noble, C. H., "Market Orientation and Alternative Strategic Orientations : A Longitudinal Assessment of Performance Implications", Journal of Marketing, 66, pp.25~39 (2002)
- Nunnally, J. C., "Psychometric Theory" (1994), McGraw-Hill
- Ozsomer, A., "A Resource-Based Model of Market Learning in The Subsidiary : The Capabilities of Exploration and Exploitation", Journal of International Marketing, 11(3), pp.1~29 (2003)
- Pelham, A. M., "A Longitudinal Study of The Impact of Market Structure, Firm Structure, Strategy and Market Orientation Culture on Dimensions of Small Firm Performance", Journal of the Academy of Marketing, 24(1), pp.27~43 (1996)
- Phene, A., "Innovation in Multinational Subsidiaries : The Role of Knowledge Assimilation and Subsidiary Capabilities", Journal of International Business Studies, 39, pp.901~919 (2008)
- Porter, M. E., "The Competitive Advantage of Nations" (1990), Free Press
- Racela, O. C., "Market Orientation, International Business Relationships and Perceived Export Performance", International Marketing Review, 24(2), pp.144~163 (2007)
- Salavou, H., "The Concept of Innovativeness : Should We Need to Focus?", European Journal of Innovation Management, 7(1), pp.33~44 (2004)
- Sciascia, S., "Market Orientation as Determinant of Entrepreneurship : An Empirical Investigation on SMEs", Entrepreneurship Management, 2(1), pp.21~38 (2006)
- Shoham, A., "Market Orientation and Performance : A Meta-Analysis", Marketing Intelligence and Planning, 23(5), pp.435~454 (2005)
- Siguaw, J. A., "Effects of Supplier Market Orientation on Distributor Market Orientation and The Channel Relationship : The Distributor Perspective", Journal of Marketing, 62, pp.99~111 (1998)
- Simonin, B. L., "An Empirical Investigation of The Process of Knowledge Transfer in International Strategic Alliances", Journal of International Business Studies, 35(5), pp.407~427 (2004)
- Slater, S. F., "Market Orientation and The Learning Organization", Journal of Marketing, 59(7), pp.63~74 (1994)
- Sumelius, J., "Knowledge Development in MNC Subsidiaries : The Influence of MNC Internal and External Knowledge and Control Mechanisms", Thunderbird International Business Review, 50(4), pp.245~258 (2008)
- Taggart, J. H., "Determinants of Increasing R&D Complexity in Affiliates of Manufacturing Multinational Corporations in The UK", R&D Management, 28(2), pp.101~110 (1998)
- Todorova, G., "Absorptive Capacity : Valuing a Reconceptualization", Academy of Management Review, 32(3), pp.774~786 (2007)
- Trevino, L. J., "An Analysis of Firm-Specific Resources and Foreign Direct Investment in The United States", International Business Review, 11(1), pp.431~452 (2002)
- Tsai, W., "Knowledge Transfer Intra-Organizational Networks : Effects of Network Position and Absorptive Capacity on Business Unit Innovation and Performance", Academy of Management Journal, 44(5), pp.996~1004 (2001)
- Tsang, E., "Acquiring Knowledge by Foreign Partners Form International Joint Ventures in a Transition Economy : Learning-by-Doing and Learning Myopia", Strategic Management Journal, 23(3), pp.835~854 (2002)
- Van den Bosch, Frans, A. J., "Coevolution of Firm Absorptive Capacity and Knowledge Environment : Organizational Forms and Combinative Capabilities", Organization Science, 10(5), pp.551~568 (1999)
- Wang, C. L., "Dynamic Capabilities : A Review and Research Agenda", International Journal of Management Reviews, 9(1), pp.31~51 (2007)
- Yi-Renko, H., "Social Capital, Knowledge Acquisition and Knowledge Exploitation in Young Technology-Based Firms", Strategic Management Journal, 22, pp.587~613 (2001)
- Zahra, S. A., "Absorptive Capacity : A Review, Reconceptualization and Extension", Academy of Management Review, 27(2), pp.185~203 (2002)
- Enterpreneurship in The Multinational Subsidiaries: The Effects of Corporate and Local Environmental Contexts, "Zahra, S. A.", GT CIBER, 1~43, pp.GT CIBER Working Paper, 27(2) (2001)
- Zander, U., "Knowledge and The Speed of The Transfer and Imitation of Organizational Capabilities : An Empirical Test", Organization Science, 6(1), pp.76~92 (1995)
- Zhan, W., "Performance Implications of Capability Exploitation and Upgrading in International Joint Ventures", Management International Review, 48(2), pp.227~253 (2008)
- Zou, K. Z., "Developing strategic orientation in China and consequences of market and innovation orientations", Journal of Business Research, 58(5), pp.1049~1058 (2004)
