Impact of Competitive Position on Export Propensity and Intensity: An Empirical Study of Manufacturing Firms in China

2008 ◽  
Vol 41 (5) ◽  
pp. 51-67 ◽  
Author(s):  
Hung-Gay Fung ◽  
Gerald Yong Gao ◽  
Jingyong Lu ◽  
Haim Mano
Keyword(s):  
Empirical Study ◽  
Manufacturing Firms ◽  
Competitive Position

scholarly journals How Strategic Conformity Interacts with Innovation: An Empirical Study on Korean Manufacturing Firms from the Perspective of Optimal Distinctiveness

2020 ◽  
Vol 6 (4) ◽  
pp. 121
Author(s):  
Myung Sub Lim ◽  
Choo Yeon Kim ◽  
Jae Wook Yoo
Keyword(s):  
Empirical Study ◽  
Competitive Advantage ◽  
High Performance ◽  
Recent Literature ◽  
Manufacturing Firms ◽  
Fundamental Question ◽  
High Status ◽  
New Institutional Theory ◽  
High Volatility ◽  
Optimal Distinctiveness

Whether to have a similar or different strategy than firms in same industry is the fundamental question for firms that want to build a competitive advantage. Recent literature, such as the new institutional theory and the perspective of optimal distinctiveness, has emphasized the configuration of competing forces that make firms simultaneously similar by conforming to industry norms and different by implementing innovation, leading to high performance. The primary rationale is that firms can exploit their high status of conformity as a stock of capital to differentiate themselves when required. Upon this rationale, we conducted research to test the hypotheses for optimal distinctiveness in the strategies of manufacturing firms in Korea. The results show that Korean firms have higher performance when they are mutually involved in higher conformity and innovation. It also suggests that firms in the industry with high volatility have difficulties in managing optimal distinctiveness of strategic conformity with innovation.

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