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      KCI등재 SCOPUS

      기술 사업화에 있어 후발자의 시장 추격 전략: 진입시간차, 기업의 역량 및 제휴 관점에서 = Catching-up to the Market Leader: Role of Entry Time-lag, Alliance, and Capability in the Catch-up Success

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      https://www.riss.kr/link?id=A104273345

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      다국어 초록 (Multilingual Abstract)

      Along with technological innovation, successful market entry of a new product is important for sustainable innovation of a firm. In this paper, we examined factors that affect successful introduction of new branded drugs in pharmaceutical industry. Un...

      Along with technological innovation, successful market entry of a new product is important for sustainable innovation of a firm. In this paper, we examined factors that affect successful introduction of new branded drugs in pharmaceutical industry. Under competing theories of the first mover’s advantage and the late mover’s advantage, this research focuses on how latecomers can overcome the disadvantages of late entry and catch up to the market leader. First, late movers can absorb the knowledge leaked from pioneering product during the time lag between early entrants and late entrants. Therefore, the time lag provides late entrants an opportunity to catch-up to market leader by differentiating and improving the quality of new product. Second,superior marketing capability of late entrants can enhance the possibility of catching-up,by overcoming the consumer base of early entrants.

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      국문 초록 (Abstract)

      기술 혁신과 더불어 해당 기술을 기반으로 한 제품의 성공적 시장진입은 지속적 혁신의 기반이 된다. 본 연구는 기술집약적인 제약 산업에서 신약의 성공적 출시에 영향을 미치는 요인을 살...

      기술 혁신과 더불어 해당 기술을 기반으로 한 제품의 성공적 시장진입은 지속적 혁신의 기반이 된다. 본 연구는 기술집약적인 제약 산업에서 신약의 성공적 출시에 영향을 미치는 요인을 살펴보고 있다. 특히 선발자의 우위와 후발자의 우위에 대한 상반된 이론하에서 언제 선발자의 우위가 후발자에 의해 완화되어 후발제품이 시장 선도제품을 추월할수 있는지를 중점적으로 살펴보았다. 구체적으로 선발제품과 후발제품의 시장 진입 시간차가 커서 후발자가 선발자의 정보를 충분히 흡수할 수 있을 때, 제품의 향상과 차별화가 가능하여 후발제품이 선발제품을 추월할 확률은 높아진다. 또한 후발자의 마케팅 역량이 크면 선발제품의 고객기반을 보다 효과적으로 극복할 수 있어 후발제품이 선발제품을 추월할 확률이 높아지는 것으로 나타났다. 이러한 결과는 진입이 늦어진 후발자의 입장에서 뒤처진 시간을 활용하여 오히려 성공 확률을 높일 수 있는 후발자의 우위를 재조명하며, 우수한 기술을바탕으로 개발된 신제품이라 할지라도 높은 마케팅 역량이 뒷받침되어야 선발자의 우위를극복하고 시장 추격의 확률을 높일 수 있다는 실질적인 시사점을 제공한다

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      참고문헌 (Reference)

      1 Lieberman, M., "Why do firms imitate each other?" 31 (31): 366-, 2006

      2 Stuart, T., "Vertical alliance networks: The case of universitybiotechnology- pharmaceutical alliance chains" 36 (36): 477-498, 2007

      3 Barnett, W., "The red queen in organizational evolution" 17 (17): 139-157, 2007

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      5 Pfeffer, J., "The external control of organizations: A resource dependence perspective" Stanford Business Books 2003

      6 Teece, D., "The competitive challenge: Strategies for industrial innovation and renewal" Ballinger Pub. Co 1987

      7 D’Aveni, R. A., "The age of temporary advantage" 31 (31): 1371-1548, 2010

      8 Inkpen, A., "The Valuation of Alliance Knowledge, In Valuation of intangible assets in global operations" Greenwood Publishing Group 2001

      9 Schumpeter, J. A., "The Theory of Economic Development" Harvard University Press 1934

      10 Pisano, G., "The R&D boundaries of the firm: an empirical analysis" 35 (35): 1990

      1 Lieberman, M., "Why do firms imitate each other?" 31 (31): 366-, 2006

      2 Stuart, T., "Vertical alliance networks: The case of universitybiotechnology- pharmaceutical alliance chains" 36 (36): 477-498, 2007

      3 Barnett, W., "The red queen in organizational evolution" 17 (17): 139-157, 2007

      4 Eccles, R., "The quasifirm in the construction industry" 2 (2): 335-357, 1981

      5 Pfeffer, J., "The external control of organizations: A resource dependence perspective" Stanford Business Books 2003

      6 Teece, D., "The competitive challenge: Strategies for industrial innovation and renewal" Ballinger Pub. Co 1987

      7 D’Aveni, R. A., "The age of temporary advantage" 31 (31): 1371-1548, 2010

      8 Inkpen, A., "The Valuation of Alliance Knowledge, In Valuation of intangible assets in global operations" Greenwood Publishing Group 2001

      9 Schumpeter, J. A., "The Theory of Economic Development" Harvard University Press 1934

      10 Pisano, G., "The R&D boundaries of the firm: an empirical analysis" 35 (35): 1990

      11 임채성, "Technological regimes, catching-up and leapfrogging: findings from the Korean industries" ELSEVIER SCIENCE BV 30 (30): 459-483, 2001

      12 Tushman, M., "Technological discontinuities and organizational environments" 31 (31): 439-465, 1986

      13 Nerkar, A., "Technological and product-market experience and the success of new product introductions in the pharmaceutical industry" 25 (25): 779-799, 2004

      14 Ahuja, G., "Technological acquisitions and the innovation performance of acquiring firms: A longitudinal study" 22 (22): 197-220, 2001

      15 Lu, Z., "Strategic pricing of new pharmaceuticals" 80 (80): 108-118, 1998

      16 Katila, R., "Something old, something new: A longitudinal study of search behavior and new product introduction" 45 (45): 1183-1194, 2002

      17 Hoppe, H., "Second-mover advantages in dynamic quality competition" 10 (10): 419-433, 2001

      18 Roberts, P., "Product-line expansion and resource cannibalization" 57 (57): 49-70, 2005

      19 Schmalensee, R., "Product differentiation advantages of pioneering brands" 72 (72): 349-365, 1982

      20 Ethiraj, S., "Performance effects of imitative entry" 29 (29): 797-817, 2008

      21 Abernathy, W., "Patterns of industrial innovation" 80 (80): 40-47, 1978

      22 Kalyanaram, G., "Order of market entry: Established empirical generalizations, emerging empirical generalizations, and future research" 14 (14): 212-221, 1995

      23 Ingram, P., "Opportunity and constraint: Organizations’ learning from the operating and competitive experience of industries" 18 : 75-98, 1997

      24 Rothaermel, F., "Old technology meets new technology: complementarities, similarities, and alliance formation" 29 (29): 47-, 2008

      25 Katz, M., "Network externalities, competition, and compatibility" 75 (75): 424-440, 1985

      26 VanderWerf, P., "Meta-analysis of the impact of research methods on findings of first-mover advantage" 43 (43): 1510-1519, 1997

      27 Henderson, R., "Measuring competence?: Exploring firm effects in pharmaceutical research" 15 : 63-74, 1994

      28 Urban, G., "Market share rewards to pioneering brands: an empirical analysis and strategic implications" 32 (32): 645-659, 1986

      29 Greve, H., "Market niche entry decisions: Competition, learning, and strategy in Tokyo banking, 1894-1936" 43 (43): 816-836, 1936

      30 Leafstedt, M., "Lipitor: At the Heart of Warner-Lambert" University of Michigan Business School 1999

      31 Cohen, W., "Links and impacts: the influence of public research on industrial R&D" 48 (48): 1-23, 2002

      32 Berry, H., "Leaders, laggards, and the pursuit of foreign knowledge" 27 (27): 151-168, 2006

      33 Shankar, V., "Late mover advantage: How innovative late entrants outsell pioneers" 35 (35): 54-70, 1998

      34 Winter, S., "Knowledge and competence as strategic assets" 165-187, 1998

      35 Berndt, E., "Information, marketing, and pricing in the US antiulcer drug market" 85 (85): 100-105, 1995

      36 King, A., "Incumbent entry into new market niches: the role of experience and managerial choice in the creation of dynamic capabilities" 48 (48): 171-186, 2002

      37 Nohria, N., "Global strategic linkages and industry structure" 105-124, 1991

      38 Shan, W., "Foreign Direct Investment and the Sourcing of Technological Advantage: Evidence from the Biotechnology Industry" 28 (28): 1997

      39 Lieberman, M., "First-mover advantages" 9 (9): 41-58, 1988

      40 Lieberman, M., "First-mover (dis) advantages: Retrospective and link with the resource-based view" 19 (19): 1111-1125, 1998

      41 Srinivasan, R., "First in, first out? The effects of network externalities on pioneer survival" 66 (66): 41-58, 2004

      42 Klepper, S., "Entry, exit, growth, and innovation over the product life cycle" 86 (86): 562-583, 1996

      43 Cohen, F., "Entry order as a consideration for innovation strategies" 5 (5): 285-294, 2006

      44 Granovetter, M., "Economic action and social structure: the problem of embeddedness" 91 (91): 481-, 1985

      45 Reichheld, F., "E-loyalty" 78 (78): 105-113, 2000

      46 Baum, J., "Don’t go it alone: Alliance network composition and startups’ performance in Canadian biotechnology" 21 (21): 267-294, 2000

      47 Bohlmann, J., "Deconstructing the pioneer’s advantage: Examining vintage effects and consumer valuations of quality and variety" 48 (48): 1175-1195, 2002

      48 Berndt, E., "Consumption externalities and diffusion in pharmaceutical markets: antiulcer drugs" 51 (51): 243-270, 2003

      49 Chung, S., "Complementarity, status similarity and social capital as drivers of alliance formation" 21 (21): 1-22, 1999

      50 Arthur, W., "Competing technologies, increasing returns, and lock-in by historical events" 99 (99): 116-131, 1989

      51 Levinthal, D., "Co-evolution of capabilities and industry: The evolution of mutual fund processing" 15 (15): 45-62, 2006

      52 Evans, P., "Blown to bits: How the new economics of information transforms strategy" Harvard Business Press 2000

      53 Nicholson, S., "Biotech Pharmaceutical Alliances as a Signal of Asset and Firm Quality" 78 (78): 2005

      54 Nelson, R., "An evolutionary theory of economic change" Belknap Press 1982

      55 Barnett, W., "An evolutionary model of organizational performance" 15 (15): 11-28, 2006

      56 Heimeriks, K., "Alliance capability as a mediator between experience and alliance performance: An empirical investigation into the alliance capability development process" 44 (44): 25-, 2007

      57 Gulati, R., "Adaptation in vertical relationships: beyond incentive conflict" 26 (26): 415-440, 2005

      58 Park, N., "A resource-based view of strategic alliances and firm value in the electronic marketplace" 30 (30): 7-, 2004

      59 Fagerberg, J., "A Layman’s Guide to Evolutionary Economics" mimeo 2001

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      2023 평가예정 재인증평가 신청대상 (재인증)
      2020-01-01 평가 등재학술지 선정 (재인증) KCI등재
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      2005-05-25 학술지명변경 한글명 : 기슬혁신연구 -> 기술혁신연구 KCI등재후보
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