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Strategic management of a large-scale technology development: The case of the Korean telecommunications industry

Journal of Engineering and Technology ManagementPublished 1 June 1994
Jeonghoon Lee, Zong‐Tae Bae, Jinjoo Lee
Citations7
SJR quartileQ1
SJR score0.86
SNIP1.30

Abstract

This paper deals with dynamic patterns of the longitudinal technology development and strategic changes in the Korean telecommunications equipment industry, focusing on a case of the large-scale technology development project that is known as the TDX project. The ultimate purpose of this paper is to find underlying principles in successfully managing large-scale projects or programs which involve collaborative efforts of public and private sectors in the context of developing countries. For this purpose, this paper takes a system-analytic approach to the innovation process and strategic changes. From the process perspective, it explains dynamics of the technology development process of a Korean telecommunications industry and its strategic changes along three development stages: initiation, early, and late internalization stages. From the strategy perspective, some underlying principles behind the successful technology development process are identified: the focused-and-phased, the buy-for-make, and the harmonized collaboration-and-competition approaches. Finally, implications for researchers and policy makers are discussed.

Keywords

Decision SciencesEconomics, Econometrics and FinanceBusiness, Management and Accounting