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Choi, Young Rok
Entrepreneurship & Innovation Strategy Lab
Research Interests
  • Entrepreneurship, Innovation Strategy, Family & Small Business, Strategic Alliances

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Strategic types and performances of small firms in Korea

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Title
Strategic types and performances of small firms in Korea
Author
Kim, YoungbaeChoi, Young Rok
Issue Date
1994-10
Publisher
SAGE PUBLICATIONS LTD
Citation
INTERNATIONAL SMALL BUSINESS JOURNAL, v.13, no.1, pp.13 - 25
Abstract
This study attempts to identify the patterns of strategic behaviour of small firms in Korea in conjunction with their performance. Based on the data from 79 small firms across four industries, the results reveal that there appear to be four common strategic attributes cost efficiency, innovative differentiation, marketing differentiation, and asset parsimony and five strategic types of firms which have distinct combinations of these strategic attributes innovative, versatile, marginal, and reactive types. Each type of firm was also found to have different organisational characteristics and performance level. Finally, this study discusses the comparative management issue in the field of strategic management and offers some practical implications for managers of small firms.
URI
https://scholarworks.unist.ac.kr/handle/201301/12086
URL
http://isb.sagepub.com/content/13/1/13.abstract
DOI
10.1177/0266242694131001
ISSN
0266-2426
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SBA_Journal Papers
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