From mass production to complex production: case of the Korean telecom equipment sector
- Authors
- Park, Tae-Young; Ji, Illyong
- Issue Date
- Apr-2015
- Publisher
- ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD
- Keywords
- complex product systems; mass-produced goods; telecom equipment; mobile handset; Samsung; LG
- Citation
- ASIA-PACIFIC JOURNAL OF ACCOUNTING & ECONOMICS, v.22, no.1, pp.78 - 102
- Indexed
- SSCI
SCOPUS
- Journal Title
- ASIA-PACIFIC JOURNAL OF ACCOUNTING & ECONOMICS
- Volume
- 22
- Number
- 1
- Start Page
- 78
- End Page
- 102
- URI
- https://scholarworks.bwise.kr/hanyang/handle/2021.sw.hanyang/157544
- DOI
- 10.1080/16081625.2015.1010271
- ISSN
- 1608-1625
- Abstract
- This study addresses the following question: why did Samsung and LG fail to transition from the mass-produced goods sector production to complex product system sector production? In general, there are four necessary factors to facilitate successful operation in complex product systems: research and development capability, organic networking among various actors, the capability to leverage suitable support from government and the establishment of a large demand base. Samsung and LG has strong R&D capabilities and engaged in useful networking and their failure to succeed in the complex product system sector can be attributed to inappropriate support from government and their failure to establish a large demand base. We conclude that technological factors are necessary but insufficient to facilitate the successful transition from a mass-produced goods sector to a complex product system.
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