Young Won Park

Young Won Park
University of Tirana | UT · MMRC

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111
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403
Citations
Citations since 2017
85 Research Items
307 Citations
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2017201820192020202120222023020406080100
2017201820192020202120222023020406080100
2017201820192020202120222023020406080100

Publications

Publications (111)
Chapter
Currently, the COVID-19 pandemic has a substantial influence on the supply chain and operation management of global firms and the national and global economies. In the turbulent business environment, both offshoring and reshoring are important location decisions of primary business functions and facilities in response to changing market dynamics. T...
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This chapter focuses on core human resources in ambidextrous knowledge transfer (AKT), which consists of (1) vertical knowledge transfer process between HQ and subsidiaries and (2) horizontal knowledge transfer process between subsidiaries in different countries. To address this question, we conducted an in-depth case study comparing two subsidiari...
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This chapter analyzes the current status of the innovation projects of global firms that are promoting innovations and simultaneously the leadership behaviors that encourage such innovation activities, focusing on the factors that hinder them. When we analyze innovation projects of organizations where innovation efforts fail with five types, we fin...
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Increasingly, value creation, capture, and delivery require innovation across global value chain networks. Yet, such a value-driven business model needs a careful examination of transformation processes in the age of digital transformation. In this chapter, we suggest the ambidextrous innovation and global strategy in the era of digital transformat...
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This chapter aims to consider the knowledge transfer/reverse transfer process of the expatriation/repatriation phase of international assignments in the context of ambidextrous strategy and management. Expatriates and repatriates contribute to knowledge transferred and shared within multinational corporations (MNCs). Most environments change over t...
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Global firms increasingly implement simultaneous integration and dispersion of the global firm resources (i.e., ambidextrous global strategy). This chapter examines how to translate such ambidextrous strategy into operational and business unit levels in emerging economies. The literature review identifies current streams of ambidexterity research i...
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As the globalization of steel product procurement progresses, competition among steel manufacturers is intensifying. The steel industry has a long supply chain from raw materials to finished products; hence, steelmakers are devising supply chain strategies to successfully develop their ambidextrous global strategies. Supply chain strategies depend...
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Due to increased competition, firms employ various types of innovation activities to position themselves against their competitors. Firms must remain competitive in their core markets, while also winning in new domains. Ambidexterity and strategic agility have strengthened this position. Moreover, ambidextrous global strategy (AGS) is crucial for g...
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This chapter presents a dynamic model showing the evolving relationships between parent companies and their foreign subsidiaries. Specifically, this chapter shows four different types of evolution between parent companies and their subsidiaries: (1) mutual dependence (early stage), (2) adaptation to local needs (intermediate stage), (3) mutual depe...
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This chapter presents strategies of ambidextrous network building at Yamato Holdings from the viewpoint of transaction methods and overseas expansion, focusing on Yamato Holdings among the leading companies in Japan’s trucking industry. Yamato has been exploiting its services by combining existing organizational capabilities of logistics technology...
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This study examines why shipbuilding firms use both standardized and customized design and analyzes the impact of design architecture choices on competitiveness. Case study findings suggest that Hyundai Heavy Industry Corporation (HHIC) adopts package unit development strategy for cost competitiveness. HHIC’s product development processes use packa...
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The present article explores the flow-oriented and routine-based concept of organizational capability in manufacturing and proposes a practical method of measuring it by using the flow map of material and information (FMMI), including the value stream map (VSM). The environment surrounding manufacturing companies is becoming increasingly turbulent,...
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Many MNCs implement their global strategies from their headquarters. However, we are considering a unique case, LG Electronics’ localization patterns differ widely from the traditional practices of MNCs. This chapter describes the success factors of an effective localization strategy. We present a research model that depicts a localization strategy...
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The purpose of this chapter is to provide a framework for an ambidextrous innovation stream from a process architecture perspective, based on a comparative study of flat-glasses for construction and LCD panel and a case study of AGC. As process architecture change, so do organizations and processes. In other words, when the process architecture is...
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Full-text available
Today’s competitive and highly volatile environment calls for a new kind of flexibility and adaptability. Limited studies are available that examine how firms achieve both speed and creativity requirements in this digital era. In view of the rare empirical studies on real-world cases that apply rigorous research methods for sustainable digital inno...
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Full-text available
In this paper, we consider the impact of COVID-19 on Korean cosmetics firms. The research framework (i.e. OEM/ODM Business Model) shows sensing customer requirements, translating them through a fusion complex design lab, digital technologies (e.g. Big Data, AI, Supply Chain Technologies), and applying manufacturing capabilities for achieving sustai...
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Supply chain integration (SCI) has received considerable attention from the industry and academia in the last two decades. In this study, we aim to conduct a systematic literature review (SLR) and synthesize the extant literature on SCI. A sample of 187 research articles was identified through an SLR process. Descriptive analysis results were repor...
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Although supply chain integration (SCI) and its antecedents has been extensively studied, whether digital manufacturing technology (DMT) will support SCI in this ever increasingly competitive era and how this link may work is still not clear. Drawing on the socio-technical system (STS) perspective, we propose that human resource (HR) is an importan...
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The need for aligning products and processes has been emphasized in the operations strategy literature for a long time. Drawing on the product–process fit perspective, this study aims to examine the relationships between product-level characteristics (i.e., product complexity and product variety) and the three dimensions of supply chain integration...
Article
Sustainable sourcing is an important sustainability practice yet its impact on the firm’s agility performance remains unexamined. Combining the extended resource-based view and contingency theory, this study hypothesizes that sustainable sourcing improves agility performance and this effect is enhanced by organizational ambidexterity and supply cha...
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In this chapter, we summarize this book by highlighting the findings and contributions of the research models proposed and tested in previous chapters. Managerial implications are elaborated in the hope of providing new insights to supply chain managers.KeywordsSupply chain integrationFindingImplication
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The boundary conditions of supply chain integration (SCI) have been widely studied in order to find out when SCI is applicable and effective. Prior studies have paid much attention to external contextual factors, such as supply complexity, environmental uncertainty and country-level infrastructure. This study contributes to the SCI literature by ex...
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Sustainability management practices (SMPs) have attracted increasing attentions from supply chain researchers in recent years, whereas research on how firms collaborate with supply chain partners to implement SMPs successfully is still lacking. Drawing on the supply chain learning (SCL) perspective, we propose that supply chain integration (SCI) co...
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Through the lens of organizational information processing theory, this study aims to investigate the contingencies of supply chain risk management (SCRM) in manufacturing multinational corporations (MNCs) by exploring the moderating role of international asset dispersion (IAD) in the performance effect of SCRM as well as the counteraction effect of...
Article
Manufacturing firms have increasingly adopted global sourcing and local sourcing simultaneously to acquire competitive advantages, leading to diverse configurations of sourcing practices. Although prior studies have explored the distinct impact of individual sourcing practices, few studies investigate the configuration of multiple sourcing practice...
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The majority of this book has focused on small firms that are often hidden from the public. We end with putting a spotlight on entrepreneurs who are socially-oriented and in the midst of developing their business and dreams in their respective spaces. We highlight the future of CSR in this covid-19 era. It should no longer be just about typical “co...
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A key challenge that global entrepreneurial ventures face is customizing their CSR practices to meet their customer’s demands across markets. We provide a strategy that explicitly takes into consideration the firm and local context’s cultural fit and how culture may affect the global adoption of CSR practices.
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Both academics and managers within companies have realized the convergence of corporate social responsibility (CSR) and marketing roles in some businesses. Despite the emerging number of conceptual studies on the integration processes of CSR and the marketing unit within the firm, there is little in-depth analysis testing these theories. This chapt...
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Every firm’s CSR problem boils down to legitimacy. To address the legitimacy challenge, we provide two guiding questions: (i) What CSR initiative is most aligned with the company’s business model?; (ii) How can the firm communicate its CSR philosophy to gain legitimacy from internal and external stakeholders? The legitimacy challenge of CSR impleme...
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CSR managers are often perceived as relatively powerless actors within the firm. Using in an inductive case study method, we identify how firms who care about social responsibility can challenge the profit-centered corporate narrative to advocate for greater CSR-business model integration.
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We present a theory of legitimacy in regional clusters that is based on the idea that different audiences have distinct views on a venture’s legitimacy. Cluster-level legitimacy has implications on venture’s tie formation with other ventures.
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In response to a lack of understanding on how companies perceive and engage in sustainability, we conduct a textual analysis of Japanese transport equipment companies’ sustainability reports. We identify two trends: (1) at a strategic level amongst the top management, firms have acknowledged that sustainability requirements are important and separa...
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We propose a novel construct called the fourth dimensional (4-D) organization, referring to firms with a 4th dimension that serves as the moral compass providing strategic direction. We show the value of the fourth dimension that links the firm’s performance to societal flourishing. We apply the theory using an in-depth case study of a nepes, a Kor...
Book
This book addresses the dilemma that firms face in engaging in corporate social responsibility (CSR) while maintaining a financially sustainable business model in the era of digital transformation. Several strategies that firms have taken to integrate CSR within the business model are also highlighted. To explicate the problems involved, the book p...
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The relationship between liberal international order and global trade has evolved over the years. International trade sectors that emerged in both the 19th and the 20th centuries reflect the interest of the hegemony. The agreements that lowered tariff barriers between nations established global orders that contain strong mercantilist and protection...
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This chapter examines the strategic and operational issues related to supply chain configurations between set-makers and back-end suppliers in China. The case studies examine supply chain practices through low cost module (LCM) and demand chain management (DCM) strategy, which includes the movement of production facilities in China, integration of...
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This chapter examines Rising Asia. Special focus is on the economic growth of four countries: Japan, South Korea, China and India. The cases of high growth economies (e.g., Japan, South Korea, China and India) suggest unique patterns of growth, challenges and transitions. Economic growth movement in Asia assumes unified efforts of domestic capabili...
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China has been growing for more than 30 straight years. From 1990s, there has been consistent predictions about China’s rise and America’s decline in mainstream researchers. This is based on extrapolation of China’s 30+ years of growth records. However, as the trade tension between US and China intensifies, a new stream of research suggests that su...
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Firms increasingly utilize global supply chain (GSC) management to expand their resource base and integrate diverse network capabilities in global markets. According to Kawai and Wignaraja (J Asian Econ 22(12):105–128, 2011), many Asian nations vigorously pursue “global free trade agreements” (FTAs) with advanced nations (e.g., USA and Europe). In...
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This chapter discusses the future prospect of trade partnerships and industry competitiveness in global markets. In addition to the summary of the book, the final chapter presents lessons and implications—both theoretical and managerial. It also provides a roadmap for future research related to TBIC (ToP and BoP Interfaces Capabilities) and manufac...
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This chapter uses the paradigm of SCP (structure, conduct, performance). We introduce important structural contexts (e.g., demographic patterns, economic growth and middle class size), automotive industry-specific characteristics (e.g., innovation-based and growth-oriented practices) and discuss the performance of automotive industry (e.g., competi...
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Building production networks is important for expanding value chains and achieve “locational interdependence” between advanced (e.g., USA) and emerging (e.g., Mexico) economies to achieve “location-specific advantages” within North American market region (Suder et al. in J World Bus 50(3):406–416, 2015). Internationalization decisions aims to achie...
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This chapter defines liberal international order (LIO) in terms of three crucial elements: liberal with free and independent nations, international with effective flows of capital and goods through international markets, and order with shared governance rules in pursuing national interests. It also discusses how America’s transition from absolute a...
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Europe’s long-term sluggish growth is structural. Traditional fiscal policy options are limited and the prospects for healthy level of growth are becoming more unattainable, especially in the context of Brexit and increasing fragmentation pressure on international order. The prospect of Brexit, with enormous political uncertainty, has a serious imp...
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How can individuals and firms seek a new source of radical innovation? Necessity is a mother of invention. In a sense, the bottom of the pyramid (BOP) markets provide huge opportunities for “creating awareness, access, affordability, and availability” of products and services. Innovation outcomes achieved in BoP markets may turn out to be “dramatic...
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This chapter identifies competitiveness of Korean Small and Medium Enterprises (SMEs) in ASEAN Region. Emerging markets invite opportunities and challenges for both global local small and medium enterprises (SMEs). Particularly, the rapid growth in the Southeast Asian countries including India, Thailand, Vietnam, Malaysia and Indonesia, requires ef...
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The rise of Chinese global firms has been quite noticeable since 2000. This chapter examines challenges and opportunities of Chinese global firms. Since 2000s, there has been a significant increase of Chinese firms listed in Global Fortune 500. Amongst major nations, China’s growth speed is most prominent. This chapter examines the strategic proces...
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This chapter discusses changing requirements of industry competitiveness in terms of five flows: (1) Productivity; (2) Quality Excellence; (3) Value Chain Capabilities; (4) Ecosystem Sustainability; (5) BoP and ToP Interface Capabilities. Each of these flows is explained, with their primary characteristics and associated strategic priorities descri...
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A huge number of middle-income groups are distributed in China and the Association of South East Asian Nations (ASEAN). In this context, global firms recognize the need for localization strategy. The practical upcoming challenge of global companies is to determine the best way to accomplish localization. This chapter presents the development of a s...
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This chapter defines issues related to potentially problematic mismatches between evolving patterns of trade partnerships and changing requirements of industry competitiveness. This chapter summarizes the theory of network capabilities. Two previous books (i.e., Park and Hong in Building network capabilities in turbulent competitive environments: P...
Article
This book provides an overview of evolving patterns of trade partnership with historical perspective. It presents changing requirements of industry competitiveness and explains the vital relationships between trade partnerships and industry competitiveness. As well, it further examines the interactive relationships between trade partnerships and in...
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In this book, we have presented three essential elements of long-lived innovative firms in terms of technology competence, customer competence, and linkage competence. The experiences of Japanese firms since 1990 suggest that customer competence and technology competence are necessary but not sufficient for sustainable competitive advantage. Instea...
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This chapter examines the concept of paradigm shift and applies the Black Swan strategy to the business realm. We argue that business strategies that rely on history (e.g., past successes and failures) are limited and prevent one from anticipating new occurrences that are often disruptive. The three case studies of Keyence, Komatsu, and Nippon Kots...
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Korean firms––regardless of turnover size—are actively expanding into the global marketplace. The emerging markets in Asia, Africa, and South America are strategic targets for Korean firms. Naturally, manufacturing strategy has a determining impact on the development of competitive capabilities (Slack and Lewis 2002). Strategic Actions consider cus...
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Small and medium enterprises (SMEs) regard the development of innovative talents as crucial for enhancing global competitiveness. In this chapter, we focus on product architecture, a key differentiator of Japanese firms, and their ability to catch up with Western firms that were ahead in technology adoption. We analyze the relationship between inno...
Chapter
Managers usually regard knowledge as an asset. Yet, knowledge can be perceived as a fluid process, constantly changing in our daily routines (Nonaka et al. 2008). If we follow the relational view of knowledge, we become significantly aware of constant knowledge creation and application occurring in our interactions with others.
Chapter
According to Innosight’s report (1965) based on almost a century’s worth of market data, the tenure of corporations in the S&P 500 Index remained on an average of 33 years. But by 1990, the average tenure in the S&P 500 had decreased to 20 years, in 2012 fell to 18 years, and is predicted to shrink to 14 years by 2026. Furthermore, the report state...
Book
This book discusses the ways in which characteristics of innovative firms and innovative talents with core competence in Japanese, Korean, German, and American contexts are developed and nurtured, and compares innovative firms with a long history of business operations from these four countries. Firstly, the book examines innovation practices of l...
Chapter
The strength of exports, a key driver of two thirds of Germany's economic growth, is in “content” rather than “size.” It is about selling technological innovations rather than consumer goods. Germany maintains strong economic growth by exporting “high-quality” products. These strong outputs come from good human capital, corporate innovation investm...
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More than 50 years ago, scholars began analyzing the traits of long-lasting firms in the USA, such as P&G, 3M, GE, IBM, and Ford. These companies have four common capabilities: market selection, differentiation, labor–management relations, and investment in human resources (Martin 2017). They are able to sense the sign of a growing market and take...
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In this chapter, we analyze Japan's oldest companies in terms of technology leverage and customer relationship. To this end, we compare Mitsubishi Heavy Industries, Toray, Toppan Printing and Dai Nippon Printing (DNP), Shimano, and Mayekawa. Based on these case analyses, we discuss the findings. Although these businesses operate in different indust...
Chapter
In this chapter, we review the innovator companies in Japan, Germany, the USA, and Korea and present key conditions for fostering their longevity. In particular, we compare Japan and Germany, which have a high proportion of prominent SMEs.
Article
This study examines why shipbuilding firms use both standardised and customised designs and analyses the impact of design architecture choices on competitiveness. Case study findings suggest that Korean and Japanese firms have different strategies. Hyundai Heavy Industry Corporation (HHIC)'s development processes utilise 'package unit' design for i...
Article
Supply chain strategies depend on competitive environments as well as the nature of the particular business. Consequently, supply chain integration (SCI) strategies should also be evaluated under the conditions a firm is facing. This paper examines the determinants of range of supply chain integration. By comparing the SCI strategies of Korean and...
Article
Purpose The purpose of this paper is to examine how the Japanese firms who make customized goods respond to supply chain failure caused by natural disaster, and shows the process and problem to build virtual dual sourcing with relation to product/process architecture. Design/methodology/approach Two case studies of Japanese manufacturing firm ha...
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Full-text available
Prior research on customized component transactions asserts that from a manufacturer’s perspective, customization costs can be reduced by creating collaborative relationships. However, there are few researches on the supplier’s perspective. In this paper, a survey of Japanese suppliers revealed that (a) supplier performance improves when there are...
Article
Purpose The purpose of this study is to explore the role of spinoff entrepreneurs in the post-bubble Japan and ultimately to facilitate policy reforms that benefit entrepreneurs most in need of support. Design/methodology/approach This study adopts a survey of Japanese entrepreneurs from 2003 to 2013. Exploiting the survey questions, the authors s...
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Full-text available
Purpose The purpose of this paper is to scrutinize the performance effects of supply chain risk management (SCRM). Besides financial performance, two aspects of operational performance are examined: operational efficiency and flexibility. Moreover, the authors explore the moderating role of supplier integration in the relationship between SCRM and...
Chapter
In this chapter, we begin with the motivating question of the entire book: Why do certain businesses face increasing isolation in an interconnected world? By raising a common problem in firms, namely the imbalance between agility in relation to customer needs and cultivating one’s technological capabilities, we set the stage for the unfolding of ou...
Chapter
In this final chapter, we summarize the book’s key argument that a global business architecture strategy is necessary for firms to remain competitive in the globalizing world. After exploring issues that prevent firms from making the most of global standardized IT systems, we present the success stories of two Korean firms and describe a Global Int...
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In the context of slackening advanced economies and accelerating emerging economies, it is crucial for firms to deploy product development capabilities that fit with the reality of the global market. In particular, the increasing complexity of product development results in greater reliance on IT systems to support the overall product development p...
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With increasing global competition, product development strategies require a great deal of responsiveness to maintain competitive advantage. This chapter examines the relationship between product architecture and platform strategy in the case of Japanese firms and aims to answer two guiding questions: (1) How have Japanese firms changed their produ...
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Japan’s Integrated Manufacturing System has proven its usefulness in numerous integral types of product architecture groups, including manufacturing and export-driven product development projects, since the post-World War II period, and it still does in the current global competition contexts. In practice, various high-performance automotive produc...
Chapter
Firms increasingly recognize the strategic implications of front-end product design to improve total cost-effectiveness. Beyond its traditional function as a product design tool, computer-aided design (CAD) is becoming a competitive weapon for firms. Yet, it is unclear how the full potential of IT systems, particularly the usage of 3D CAD systems,...
Chapter
This chapter aims to present an Integrated Manufacturing Information System (IMIS) that fulfills multiple objectives simultaneously, in the form of timely responses to specific customer requests, design capabilities for products with high customer value, and translation of embedded tacit knowledge into usable system knowledge. We explain the underl...
Chapter
This chapter presents a case study to illustrate Flow Oriented Architecture (FOA) and Dynamic Influence Management (DIM). The key question is: “How quickly does a firm detect changing requirements at the global level and translate them into swift organizational actions?” In other words, how quickly does an organization respond to information from t...
Chapter
This chapter addresses the challenges faced by industries that regard their companies’ technological skills as tacit knowledge that cannot be leaked. We briefly describe the increasingly competitive global market, where customer interests are elusive; hence, traditional business models should be reviewed holistically using an objective framework. W...
Chapter
This chapter aims to improve our understanding of how to manage the multiple challenges of synergistic products that require mechanical-electrical-software integration. As globalization grows and the nature of work becomes ever more information intensive, firms wrestle with diverse and complex customer requirements and find it increasingly difficul...
Book
This book provides a framework and real case analyses concerning business architecture strategy and platform-based ecosystems. Firstly, the book introduces a framework of business architecture strategy and suggests an engineering process that employs a business architecture analysis system in which the various business best-practices information te...
Chapter
In this chapter, we first review the history of Japanese IT system implementation and define various IT requirements that serve both advanced market standards and emerging market needs. Then, we introduce some examples of Korean firms using a global standard IT system (GSIS). The essence of this effective ambidextrous strategy is to maximize streng...
Article
This paper presents a comparative analysis of four key players in the Japanese trucking industry, Nippon Express, Fukuyama Transporting, Yamato Transport, and Sagawa Express, in order to address the question of how the sources of competitive advantage in the logistics area are changing in the face of a new global commerce model enabled by technolog...
Article
Purpose The purpose of this paper is to examine the antecedents of supply chain integration (SCI) at the product level. More specifically, it aims to show the relationship between product-level characteristics (i.e. product complexity and product variety) and different dimensions of SCI (i.e. internal, supplier and customer integration). Design/me...
Article
In view of the unprecedented devastation of the Great East Japan Earthquake (GEJE), the psychological overreaction tends to emphasize the safety aspects at the expense of the basic principle of designing industrial supply chains that achieve competitiveness and robustness simultaneously. Manufacturing firms must identify the “weak links” in their s...
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Full-text available
Knowledge management has been approached as practices of large firms. Increasingly, knowledge management for SMEs is critical for their competitive advantage. The aim of this article is to examine knowledge management excellence from the perspective of small and medium enterprises (SMEs). Two specific related objectives are to: 1) define key issues...
Article
Japanese firms are known for their superior technology and excellent quality performance. However, in spite of outstanding technological competency and quality performance, global competitiveness of Japanese electronic firms has been deteriorating in 2000s. In contrast, Korean counterparts have displayed significant global competitive gains. This a...
Article
Purpose The purpose of this paper is to examine a development model of the Korean IT industry based on the concept of open and cluster innovation and reveal the synergistic effects between the textile and electronic industries. Design/methodology/approach The analytical data on the Gumi Cluster are panel data mostly from the 1970s‐2000s. The speci...
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Full-text available
Purpose The purpose of this paper is to examine complex risk management practices of Japanese firms in a turbulent environment. Design/methodology/approach The focus of this research is to examine risk management practices based on product accidents in Japanese firms. It examines how firms utilize risk management to respond to various types of ris...
Article
Purpose The purpose of this exploratory paper is to analyze how complexity of an artifact affects designing processes of its mechanical, electric, and software sub‐systems. Design/methodology/approach Based on existing empirical research and frameworks of axiomatic design, product architecture, and product development process, the paper proposes a...
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Full-text available
This paper examines the relationships between mobile communication standards and product development strategy from a product architecture perspective. A product architecture model is useful in analysing research issues related to mobile phone product development. Samsung Electronics (SE)’s unique organisational capabilities are essential components...
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Although strategic procurement has been approached in micro- or macro-purchasing perspective, it has rarely been examined from integration of customer requirements into manufacturing processes through effective insourcing and outsourcing practises. Effective cost reduction in manufacturing firms involves all the component parts. Thus, strategic pro...
Article
Full-text available
A critical component of Toyota's supply chain is to connect dynamic and uncertain demand requirements with the stable and efficient supply responses. For sustainable competitive position, firms need to build up a broad range of organisational capabilities. The reality is that from component suppliers via production to marketing of the final product...

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