The Impact of Education-Orientation on Technology Innovation and Company Outcome : Focusing on Korean Companies in China

Jung Hoon Kim, Young Taek Lim

Abstract


We define 21stcentury as an amalgamation of globalization and localization, or Glocalization. Additionally, due to the increasing supply of smart phones and wide usage of social networking services, the ability to utilize such global and regional information has increased a coperationʼs competitiveness in its market, and even the business models have evolved from the conventional “production and distribution” to E-commerce, through which either a direct or a non-direct transaction is possible. My hypothesis is that the ability to adapt to this trend is possible through transfer of learning, and consequently, this will have an impact on company's performance.
Thus, this thesis analyzes the mid- to the long-term impact of such ability and environmental factors on the performance and technology innovation of Korean companies in China. Ultimately, this study intends to engender a basic foundation for a corporationʼs management strategy in China. Finally this research focuses on those Korean companies in China only and on the proof of influential factorsʼ impact on technological innovation and technological innovationʼs impact on those corporationsʼ future performances.
SectionⅠ is an abstract and sectionⅡ, the case examines the uniqueness and current status of Korean companies in China identifies the concept and the definition of influential factors such as education-orientation, technological innovation, and performance, and then scrutinizes each factors through a closer look at their past researches. SectionⅢ explains the thesis model, the surveyʼs method and target, the thesis, variable factors, the content, and the method of analysis. In sectionⅣ, the thesis is proved based on the outcome of the survey. The result in Section V highlights the high comprehension of technological innovation: both education-orientation and technological innovation prove to have a positive (+) correlation with the performance. The vision on education orientation proves to have a positive (+) influence on technological innovation. The vision on education-orientation and technological innovation prove to have a positive (+) influence individually on companyʼs performance.


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