What are the "Core Competencies" of Korean Society when they use HandyPhone? (example: Korean people's willingness to adopt technology, desire for convenience, etc.)?
What are their "Barriers to Entry" Do They Need to Overcome? (example: Do Korean consumers want "Moneta" system? Do Old People want "MP3" and Cameras, etc.)
What are their Competitive Advantages? (example: YOU FIGURE IT OUT! :-)
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I agree with this completely, thanks for the post.
I think that, there are many social capital in Korean mobile. Like, some people use mobile phones to talk to friends, and talk about problems they have. Sometimes it is easier to talk about hard stuff not face to face.
Mobile phones too are good way to stay in touch. By phone, you can talk and even see your family, like my Mom, or sister, or dad. Even when we live far apart. That way we can stay close. This, I think, makes social capital.
This is an extremely good point. Communications in general, but specifically Mobile communications, is an "enabling technology" to build social capital. We basically have combined Financial, Intellectual, Technological capital, to enable the Creation of Social Capital. Which in my huble opinion, is the most valuable of all.
Did I tell you guys that the "HanJa" (Chinese Characters) for 'company' in Japanese is KAISHA (会社), and the reverse SHAKAI (社会) means 'society'.
So you can see in their society they feel (rightly or wrongly) that business and society are intertwined.
Therefore, the creation of mobile technology while perhaps first intended for business, has instead proliferated throughout society, helping to build "social capital" by keeping loved ones in touch - whether they live in Incheon, Seoul, or even the US.
In my own case as a Researcher in Korea, cheap overseas calls using another telecommunications technology VOIP (Voice Over Internet Protocol) has allowed me to stay in touch with the important people back in my life in the US: the important people at URI like my Professor, the Dean, etc. and more importantly my loved ones at home. When I hear their voices, or see their video footage, it is just like being there, and it makes me happy, because they know, and I know, that physical space is no longer a "barrier to entry" when it comes to supporting each other.
Look at InHa University campus: You guys have a plane on your campus! It is so cool! Before coming here, even my President of URI told me "checkout the plane" and I was like what? And sure enough. So my point here is that this is another "enabling technology" (IE airplanes) that allows us to stay in touch, even when we physicall live far apart.
If there was an emergency in America, provided I had the finacial reseources, I could get on a plane and literally within 24 hours be anywhere in the world.
This is very different than when I was first studying abroad. And even much more different than our parents and grandparents worlds.
So my advice to all of you who have expressed concerns about losing touch, or not supporting, or even 'being disloyal' with family if you go overseas, relax! Keep maintaining that social capital via communications; and when you can afford it, hop on a plane.
Good Job My Friend! Keep Up the Good Work!
I. Definition of Core Competencies.
Core competencies are any advantageous factors that are unique. In a company, core competencies can be anything including technological superiority, unique business strategies, superior workforce and/or workforce education system, ideal organization structure, unique products or services, and even a good relationship with other companies. If these core factors are easily copied and adjusted by other competitors, they only become required factors needed in order to survive within the market. Therefore, core competencies must be continuously used and developed over time
What are the "Core Competencies" of Korean Society when they use HandyPhone? (example: Korean people's willingness to adopt technology, desire for convenience, etc.)?
There are over 40,000,000 people who use cell-phone in Korea. Considering the population of Korea which is about 48,000,000, Every 5 out of 6 people are using mobile telecommunication service today. (Source: http://news.chosun.com/site/data/html_dir/2006/12/12/2006121202415.html) So, what has encouraged Korean people to use cell-phone services? It is its convenience meeting the cost of cell-phone service and its product. There are many advantages of using cell-phone in daily life such as sharing information, and using other optional services including games, internet, camera, moneta, Mp3player, etc. Each individuals may have different reasons of using cell-phone, but most people would agree that easy to share information at any place is the core competencies of using cell-phone service. Cell-phone like in many other countries is already a part of daily life in Korean Society.
What are their "Barriers to Entry" Do They Need to Overcome? (example: Do Korean consumers want "Moneta" system? Do Old People want "MP3" and Cameras, etc.)
It is hard to adapt technologies when people are not ready to take the next step. Barriers to entry exist between each technological improvement, and sometimes its barriers could be strong enough for people to give up the usage. Moneta service is good example in Korean society. This service enables the cell-phone users to make their purchase in an easy and user-friendly way simply by using their mobile phones. (http://www.moneta.si/en/what_is_new/news/104) Moneta service is simply adding a credit card chip in cell-phone. When it was introduced in Korea couple years ago, most people couldn’t find any reason of using cell-phone as a credit card. In fact, most people used many credit cards because each credit card has different discount advantages when used in purchasing particular products. SKT and KTF didn’t notice its barriers to entry when combining the credit card in their cell-phone. This was the basic reason why moneta service is not that popluar in Korean society.
1)What do you think about the Korean mobile music business model?
Korean mobile music business model can be divided into 3 parts. First is live music bell service which is about playing music in cell-phone instead of ringing bell. Second is coloring service which can be heard while waiting for other to answer the call. Third is mobile phone as an mp3 player which can be downloaded from the web. First and second model was very successfully implanted within Korean society but third model wasn’t that successful until now.
Using cell-phone as an mp3 player is not that popular in Korea simply because in order to download music, people have to pay for each song, and the cost for transferring data. The problem is that many people in Korea are not use to paying for music especially when it is possible to download music for free in various p2p services. Musicians in Korea are involved in various campaigns that downloading music through illegal p2p program should be vanished in Korea, and couple years ago, Korea’s most famous free music trading p2p program call Soribada was filed lawsuit due to its illegalness and disregarding the value of music. So, most free music websites disappeared in Korea, but still there are other p2p programs where people trade music for each other.
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