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Byungchul Choi
HUFS Business School, Hankuk University of Foreign Studies, Seoul 02450, Korea

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Journal article
Published: 09 August 2021 in Sustainability
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Digital transformation is perceived not only as a change in certain technology but also as a large transition that will ultimately change our lives for the better. Industry convergence, the key to digital transformation, entails, for firms, both various opportunities for innovation and the crisis of falling behind. Therefore, from the perspective of firms, it is critical to examine how digital transformation affects their industries and products as well as how they perceive and respond to digital transformation. This is ultimately a matter of how firms survive and maintain sustainable growth in this great upheaval of digital transformation. Based on the understanding of the concept of digital transformation, this study explores how high-growth firms perceive various aspects of digital transformation. The findings show that digital transformation involves a change of firms based on constant innovation, not simply the acceptance of technology, and that there is a large digital divide that depends on the firm size and industry type. Based on the above, this study derives implications in terms of the innovation activities of firms to ensure that digital transformation does not serve as a handicap and barrier for firms.

ACS Style

Seunghyun Kim; Byungchul Choi; Yong Lew. Where Is the Age of Digitalization Heading? The Meaning, Characteristics, and Implications of Contemporary Digital Transformation. Sustainability 2021, 13, 8909 .

AMA Style

Seunghyun Kim, Byungchul Choi, Yong Lew. Where Is the Age of Digitalization Heading? The Meaning, Characteristics, and Implications of Contemporary Digital Transformation. Sustainability. 2021; 13 (16):8909.

Chicago/Turabian Style

Seunghyun Kim; Byungchul Choi; Yong Lew. 2021. "Where Is the Age of Digitalization Heading? The Meaning, Characteristics, and Implications of Contemporary Digital Transformation." Sustainability 13, no. 16: 8909.

Journal article
Published: 17 July 2021 in Sustainability
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The office environment has changed rapidly due to the recent COVID-19 outbreak. Companies consider various types of remote work environments to contain the spread of the virus. Among them, a satellite office is a type of remote work environment where a number of employees are allocated to their nearest office. The benefits from satellite offices are twofold: The significant reduction of travel distance also reduces the amount of carbon emission and fuel consumption. In addition, dividing employees into smaller groups significantly reduces the potential risks of infection in the office. This paper addresses a satellite office allocation problem that considers social and environmental sustainability and infection control at work. In order to evaluate the effect of different satellite office allocation, quantitative measures are developed for the following three criteria: carbon emission, fuel consumption, and the probability of infection occurrence at work. Simulation experiments are conducted to investigate different scenarios of regional infection rate and modes of transportation. The results show that adopting satellite offices not only reduces carbon emission and fuel consumption, but also mitigates business disruption in the pandemic.

ACS Style

Seungbeom Kim; Yooneun Lee; Byungchul Choi. Adoption of Satellite Offices in Response to a Pandemic: Sustainability and Infection Control. Sustainability 2021, 13, 8008 .

AMA Style

Seungbeom Kim, Yooneun Lee, Byungchul Choi. Adoption of Satellite Offices in Response to a Pandemic: Sustainability and Infection Control. Sustainability. 2021; 13 (14):8008.

Chicago/Turabian Style

Seungbeom Kim; Yooneun Lee; Byungchul Choi. 2021. "Adoption of Satellite Offices in Response to a Pandemic: Sustainability and Infection Control." Sustainability 13, no. 14: 8008.

Journal article
Published: 04 June 2021 in Journal of Business Research
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We explore how the different innovation strategies influence the propensity of emerging market firms with state ownership (FSOs) to form international joint ventures (IJVs). We argue that the different types of innovation strategies employed by emerging market FSOs affect the likelihood that they form IJVs differently. We propose that FSOs pursuing an explorative innovation strategy are more likely to engage in IJVs, whereas those that employ an exploitative innovation strategy are less likely to form IJVs. Additionally, using the institution-based lens, we further propose that the contributions of the different innovation strategies of FSOs to form IJVs are shaped positively by the different levels of home- and host-country institutional pressures. Using 364 Chinese FSOs, we test our hypotheses and find strong support for our arguments. Our study contributes to the literature by offering an important theoretical bridge between the exploration–exploitation framework and the institution-based perspective in the context of emerging market FSOs.

ACS Style

Jeoung Yul Lee; Shufeng(Simon) Xiao; Byungchul Choi. Unpacking the drivers of emerging market firms’ international joint venture formation: The interplay between technological innovation strategies and home- and host-institutional pressures. Journal of Business Research 2021, 134, 378 -392.

AMA Style

Jeoung Yul Lee, Shufeng(Simon) Xiao, Byungchul Choi. Unpacking the drivers of emerging market firms’ international joint venture formation: The interplay between technological innovation strategies and home- and host-institutional pressures. Journal of Business Research. 2021; 134 ():378-392.

Chicago/Turabian Style

Jeoung Yul Lee; Shufeng(Simon) Xiao; Byungchul Choi. 2021. "Unpacking the drivers of emerging market firms’ international joint venture formation: The interplay between technological innovation strategies and home- and host-institutional pressures." Journal of Business Research 134, no. : 378-392.

Journal article
Published: 21 November 2020 in Sustainability
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This empirical study explores the impacts of technological capability on inward foreign direct investment (FDI) with the moderations of institutional quality. We extend the existing literature by contributing the dynamic links between technology trade and institutional quality by using the panel data of 35 Organization for Economic Cooperation and Development (OECD) countries between 2000 and 2015. Based on fixed-effects regression, our results show that there is a U-shape relationship between the net technological capability of a host country and inward FDI. In addition, the institutional quality of a host country, government size and regulation have positive moderations, whereas sound money accessibility and legal system and property protection have negative moderations on the main U-shape relationship. Our study contributes to the literature on the determinants of inward FDI in the context of technological capabilities and institutional quality.

ACS Style

Seunghyun Kim; Byungchul Choi. The Impact of the Technological Capability of a Host Country on Inward FDI in OECD Countries: The Moderating Roles of Institutional Quality. Sustainability 2020, 12, 9711 .

AMA Style

Seunghyun Kim, Byungchul Choi. The Impact of the Technological Capability of a Host Country on Inward FDI in OECD Countries: The Moderating Roles of Institutional Quality. Sustainability. 2020; 12 (22):9711.

Chicago/Turabian Style

Seunghyun Kim; Byungchul Choi. 2020. "The Impact of the Technological Capability of a Host Country on Inward FDI in OECD Countries: The Moderating Roles of Institutional Quality." Sustainability 12, no. 22: 9711.

Journal article
Published: 14 July 2020 in Journal of Business Research
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This study examines the impact of a centralized knowledge structure on the performance of international R&D teams in multinational corporations (MNCs) and moderating effects of team-specific characteristics. Building upon the social network perspective, we argue that while international R&D teams with a centralized knowledge structure will experience decreasing team performance due to inefficient knowledge sharing and evaluation, this negative effect will be mitigated through diversity in knowledge sources and team members’ personal backgrounds. We test our hypotheses using data collected from 384 international knowledge-intensive teams in two South Korean MNCs and find that the degree of knowledge centralization in a team negatively impacts the team’s performance. A team’s diverse knowledge in business domains, diversity in knowledge channels, and cultural and geographic distance among team members are found to mitigate this negative impact. Our study contributes to team research literature and innovation study in the context of international R&D teams.

ACS Style

Jeoung Yul Lee; Byung Chul Choi; Pervez N. Ghauri; Byung Il Park. Knowledge centralization and international R&D team performance: Unpacking the moderating roles of team-specific characteristics. Journal of Business Research 2020, 128, 627 -640.

AMA Style

Jeoung Yul Lee, Byung Chul Choi, Pervez N. Ghauri, Byung Il Park. Knowledge centralization and international R&D team performance: Unpacking the moderating roles of team-specific characteristics. Journal of Business Research. 2020; 128 ():627-640.

Chicago/Turabian Style

Jeoung Yul Lee; Byung Chul Choi; Pervez N. Ghauri; Byung Il Park. 2020. "Knowledge centralization and international R&D team performance: Unpacking the moderating roles of team-specific characteristics." Journal of Business Research 128, no. : 627-640.

Research article
Published: 24 June 2020 in Management International Review
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Current debates on organizational learning distinguish between two distinct and mutually exclusive learning modes: exploration and exploitation. This paper deals with the concept of ambidextrous routines in knowledge management (KM) initiatives. Specifically, drawing on a sample of 1468 MNEs from 24 regions in China, we find that a synergetic combination of explorative and exploitative virtual knowledge is positively associated with MNE performance. In contrast, an imbalance between explorative and exploitative virtual knowledge hurts MNE performance. Furthermore, the effect of imbalanced ambidexterity in virtual knowledge sharing is moderated by the cultural distance in the uncertainty avoidance between the R&D team and the region where the team operates. This paper elaborates on the characteristics of ambidextrous KM initiatives at the micro-level; firms use ambidextrous KM practices to create a learning context, defined by guidelines and methods rather than by a definite purpose. The clear separation of KM initiatives’ purpose and their embedded learning routines and methods enables them to be used ambidextrously. Furthermore, this analysis indicates that ambidextrous KM initiatives follow a path characterized by an increasing variety of purposes but a decreasing variety of underlying structures. Consequently, firms create a learning context that can be activated when necessary in ways required in an exploratory and/or in an exploitative mode.

ACS Style

Jeoung Yul Lee; Vasyl Taras; Alfredo Jiménez; Byungchul Choi; Chinmay Pattnaik. Ambidextrous Knowledge Sharing within R&D Teams and Multinational Enterprise Performance: The Moderating Effects of Cultural Distance in Uncertainty Avoidance. Management International Review 2020, 60, 387 -425.

AMA Style

Jeoung Yul Lee, Vasyl Taras, Alfredo Jiménez, Byungchul Choi, Chinmay Pattnaik. Ambidextrous Knowledge Sharing within R&D Teams and Multinational Enterprise Performance: The Moderating Effects of Cultural Distance in Uncertainty Avoidance. Management International Review. 2020; 60 (3):387-425.

Chicago/Turabian Style

Jeoung Yul Lee; Vasyl Taras; Alfredo Jiménez; Byungchul Choi; Chinmay Pattnaik. 2020. "Ambidextrous Knowledge Sharing within R&D Teams and Multinational Enterprise Performance: The Moderating Effects of Cultural Distance in Uncertainty Avoidance." Management International Review 60, no. 3: 387-425.

Articles
Published: 18 December 2018 in Technology Analysis & Strategic Management
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This paper investigates how market-oriented reforms affect firm incentives to innovate. We utilise the market reforms enacted in Korea following the Asian Financial Crisis of 1997 as an empirical setting to show why an institution-based view is crucial to understanding the factors that incentivize firms to innovate. Additionally, we draw on the competitive strategy literature to investigate how market reforms – combined with industry competition and firm-specific factors – affect innovation-related investments. Our findings suggest that market reforms positively influence both innovation input and output, but these associations are contingent on firm-specific factors.

ACS Style

Kwang Wook Gang; Byungchul Choi. Impact of Korean pro-market reforms on firm innovation strategies. Technology Analysis & Strategic Management 2018, 31, 848 -861.

AMA Style

Kwang Wook Gang, Byungchul Choi. Impact of Korean pro-market reforms on firm innovation strategies. Technology Analysis & Strategic Management. 2018; 31 (7):848-861.

Chicago/Turabian Style

Kwang Wook Gang; Byungchul Choi. 2018. "Impact of Korean pro-market reforms on firm innovation strategies." Technology Analysis & Strategic Management 31, no. 7: 848-861.