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혁신IT벤처기업의 마케팅 지향성이 경영성과에 미치는 영향에 관한 연구

The Effect of Marketing Orientation on the Performance of Innovative IT-Venture Firms

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This paper targets the venture firms and analyzes how the marketing orientation influences on the technical development and the operational performance and how the technical development influences on the operational performance. The marketing orientation is divided into two components: customer orientation and inter-functional coordination, which are the variables taken from the study by Narver & Slater(1990),and the company's technological will and its infrastructure are used to measure the technical development. The marketing performance and the financial performance are used to measure the operational performance. The study involved 135 IT venture firms in Korea. First, the results showed that the customer orientation has a meaningful effect both on the technical development and the operational performance. Second, the inter-functional coordination has a positive effect on the technical development and the operational performance. Finally, the technical development also has a meaningful effect on the operational performance. The analysis indicates that the marketing orientation has an overall effect on the technical development and the operational performance. In particular, the constant and regular marketing orientation is shown to have more influence than the instant and short-term one. Only the technology adopted in the market can provide value to the company. Many innovative products developed by the venture firms often end in failures in the market and this study shows that the marketing orientation can be effective in this case.

Abstract

This paper targets the venture firms and analyzes how the marketing orientation influences on the technical development and the operational performance and how the technical development influences on the operational performance. The marketing orientation is divided into two components: customer orientation and inter-functional coordination, which are the variables taken from the study by Narver & Slater(1990),and the company's technological will and its infrastructure are used to measure the technical development. The marketing performance and the financial performance are used to measure the operational performance. The study involved 135 IT venture firms in Korea. First, the results showed that the customer orientation has a meaningful effect both on the technical development and the operational performance. Second, the inter-functional coordination has a positive effect on the technical development and the operational performance. Finally, the technical development also has a meaningful effect on the operational performance. The analysis indicates that the marketing orientation has an overall effect on the technical development and the operational performance. In particular, the constant and regular marketing orientation is shown to have more influence than the instant and short-term one. Only the technology adopted in the market can provide value to the company. Many innovative products developed by the venture firms often end in failures in the market and this study shows that the marketing orientation can be effective in this case.

참고문헌 (10)

  1. 양희순, "한국벤처기업의 성공요인에 관한 실증적 연구", 박사, pp.2002
  2. 유봉호, "시장지향성과 경영성과 간에 기업가지향성의 매개 효과에 관한 연구: 시장지향성의 선행변수인 정보를 중심으로", 박사, pp.2008
  3. Brown, M, D., "Measuring Corporate Performance", Long Range Planning, 27(4), pp.89~98 (1994)
  4. Fredrick E., "The Rediscovery of The Marketing Concept", Business Horizons, 31(3), pp.29~39 (1988)
  5. Hean K., "The Effects of Entrepreneurial Orientation and Marketing Information on the Performance of SMEs", Journal of Business Venturing, 22(4), pp.592~611 (2007)
  6. Jaworski B., "Market Orientation: The Construct Research Proposition, and Managerial Implication", Journal of Marketing, 54(April), pp.1~18 (1993)
  7. Narver, J. C., "The Effect of A Market Orientation on Business Profitability", Journal of Marketing, 54(4), pp.20~35 (1990)
  8. Szymanski, D. M., "An Analysis of the Market Share-Profitability Relationship", Journal of Marketing, 57(3), pp.1~18 (1993)
  9. Venkatrama, N., "Measurement of Business Performance in Strategy Research: A Comparison of Approaches", Academy of Management Review, 11(4), pp.801~814 (1986)
  10. Zahra, S. A., "Predictors and Financial Outcomes of Corporate Entrepreneurship: An Exploratory Study", Journal of Business Venturing, 6(4), pp.259~285 (1991)

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