

Title |
Dynamic capabilities at Samsung Electronics
Similar Titles
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Sub Title | Analysis of its growth strategy in semiconductors |
Material Type | Reports |
Author(English) |
Lee, Seung-Joo |
Publisher |
Seoul : KDI School of Public Policy and Management |
Date | 2011-08 |
Series Title; No | KDI School Working Paper Series / 11-07 |
Pages | 35 |
Subject Country | South Korea(Asia and Pacific) |
Language | English |
File Type | Documents |
Original Format | |
Subject | Industry and Technology < Entrepreneurship |
Holding | KDI School of Public Policy and Management |
License | ![]() |
Abstract
Samsung Electronics has emerged as the world’s largest memory chip maker with a leading position in the DRAM and NAND flash markets. This paper explores and analyzes the key success factors of Samsung in the semiconductor industry using the dynamic capabilities framework. Based on literature review and case studies, the following five dimensions of dynamic capabilities were identified to explain Samsung’s successful growth in semiconductors: 1) opportunity recognition and entrepreneurial insight by top management, 2) rapid catch-up through technology acquisition and learning, 3) leapfrogging competitors through product and process innovation 4) product line diversification leveraging existing capabilities and resources, 5) resource release through restructuring during the financial crisis. This study provides insights on the growth strategy of a latecomer firm striving for global leadership and illustrates the importance of dynamic capabilities in creating competitive advantage and sustaining growth.