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Competitive advantage and the transformation of value chains over time

The example of a South Korean diversified business group, 1953–2013

Datos Bibliográficos

ID8418521
AutoresIn Woo Jun (Wonkwang University), In Jun (Wonkwang University), Chris Rowley (0000-0002-2374-9626, Kellogg College, University of Oxford, autor de correspondencia)
Año2019
Volumen61
Número2
Páginas343-370
Fecha de publicación2019-02-17
Peer ReviewedSí
Open AccessNo
TipoARTICLE
RevistaBusiness History (JOURNAL)
Identificadores de la revistaISSN: 0007-6791 • E-ISSN: 1743-7938
EditorialInforma UK Limited (PUBLISHER • GB)
DOI10.1080/00076791.2018.1430141
OpenAlexW2792182184
IdiomaEN
Citas recibidas1
Referencias citadas51

We examine the historical evolution of different elements in value chains that create value-added and competitive advantage. This is achieved by using the conceptual model of the ‘smile curve’ with a longitudinal case study of a diversified business group, CJ Group, a former affiliated firm of Samsung Group. We found that the value-added structure graph in the industrialisation period displayed an ‘upside-down U shape’, indicating that production and manufacturing were the most value-adding sectors. However, in the more recent knowledge-based economy period, the graph shows a quite different shape, indicating R&D, firm infrastructure, manufacturing, logistics, service, and marketing as sources of value-added. This shows that competitive advantage diversified into other fields to fit with the changed economy. We also investigate what type of organisational structure, strategy, and capabilities were adopted for organisational change. We found an evolution, with an unrelated diversification strategy by altering capabilities from contacts and generic to organisational and technological capabilities

Business · Competitive advantage · Corporate group · Diversification (marketing strategy · Economics · Industrial organization · Industrialisation · Market economy · Value (mathematics · Computer Science · Economic and Technological Innovation · Innovation and Knowledge Management · International Business and FDI · Marketing

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Obras citantes distintas1
Citas por año0,5
Intervalo de citas2024 - 2024 (1)
Velocidad de citaciónrecent
Altamente citadoNo
Tipos de citaNeutras: 1
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