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  • 한국과학기술정보연구원(KISTI) 서울분원 대회의실(별관 3층)
  • 2024년 07월 03일(수) 13:30
 

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The Impact of Outsourcing Strategy on a Firm's Innovation and Internationalization

The Impact of Outsourcing Strategy on a Firm’s Innovation and Internationalization

동아시아경상학회지 / East Asian Journal of Business Economics, (E)2288-2766
2019, v.7 no.4, pp.1-13
https://doi.org/10.20498/eajbe.2019.7.4.1
Kouame Samson (Antwerp Management School)
이영우 (대구대학교)
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Abstract

Purpose – Based on transaction cost perspective and institution-based perspective, this research attempts to investigate the effect of outsourcing on a firm’s performance and how it interacts with institutional context in which the firms operate. Research design, data, and methodology –With a sample of 164 manufacturing firms form South Korea, we examine the direct effects of outsourcing on the a firm’s level of product innovation and internationalization and the moderating effects of competitive pressure and property right protection as important external factors that could affect the effectiveness of outsourcing decision. Result – The findings show that outsourcing not only enhance a firm’s capability to concentrate on its core competencies, but also to increase a firm’s combinative capacity to acquire external knowledge. Furthermore, we finds that in a highly competitive environment, potential knowledge spillovers to other competitors may attenuate the potential benefits of outsourcing. Conclusion – Outsourcing can enhance a firm’s innovation activities by providing valuable access to external knowledge and also to complementary resources from the external partners, which in turn enables firms to focus on core competences.

keywords
Outsourcing, Product innovation, Internationalization, Competitive pressure, Property right

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