Dong-Sung Cho

The effects of strategic order of entry on firms' performance have long been an issue in many areas of study. Past research efforts, however, have been concentrated mostly on first mover or early entrant advantages. To contribute to developing a theory of latecomer strategies, the authors investigate how latecomers compete successfully or even leapfrog early movers. They review previous studies on early mover advantages and disadvantages, and group the sources of such advantages or disadvantages

The contribution of outside directors to firm performance has been shown to be inconsistent. Korean companies first began in 1998 to introduce outside directors to carry out governance reform. This paper analyses the impact of outside directors on corporate performance during the governance reform movement undertaken in Korea in 1999 as well as the moderating effect of the large shareholder and managerial ownership rate. We hypothesised a positive relationship between outside director effectiven

Several reports on national competitiveness already exists, but they are not satisfactory. This paper corrects the problems of the existing reports and suggests new methodologies of explaining national competitiveness. When comparing national competitiveness, nations should be grouped with regard to similarities in terms of economic scale and structure. For this purpose, this paper introduces 3x3 typology of country groups in terms of the nation's size and competitiveness. In additi

Michael Porter’s work helps explain the sources of international competitiveness possessed by the economies of advanced nations, but has a limited application when it comes to explaining the levels and dynamic changes of economies in less developed or developing countries. The experience of Korea’s economic development in the past three decades reveals how groups of well-educated, motivated, and dedicated people have played a central role in not only shaping the nation’s competitiveness but also

In recent years, design has been a conscious and important element in Korea's growth strategy. Dong‐Sung Cho reviews the impressive outcomes linked to this decision and confirms that the “design revolution” continues. Indeed, it is evolving to provide significant future opportunities not only for global competition, but also as a force for improving the quality of life within Korea itself .

(1994). International Advertising Strategies by NIC Multinationals: The Case of a Korean Firm. International Journal of Advertising: Vol. 13, No. 1, pp. 77-92.

What are the common characteristics of the founder and CEO succession process at long-lived companies? And how do these characteristics help companies survive long periods of time? This inductive study of 26 Korean long-lived companies led to propositions exploring these questions. Long-lived companies had long-tenured founders, less frequent successions, high ratio of insider succession and a formal succession process to secure management stability and competitiveness. It was also observed that

Environmental, Social, and Governance (ESG) is a rising business trend reflected by the recent imposition of stronger regulations and initiatives by more firms. This chapter unravels the concept of ESG by analyzing how it has developed and how it will be developed further in the future. In doing so, this chapter provides a theoretical and philosophical explanation of why firms are engaging in such efforts. Moreover, the chapter comprehensively integrates concepts related to ESG such as CSR, Crea

This paper analyzes the Korean biotechnology sector with an analytical framework of National Innovation System (NIS). We examine whether newly industrializing economies (NIEs) can catch up with advanced economies in newly-emerging, knowledge-intensive industries such as biotechnology. We demonstrate that Korea is emerging as a key player in the global biotechnology scene in terms of R&D activities, catching up with other advanced countries, such as Japan, and keeping pace with regional compe