부산대학교 도서관

We analyze the process of innovation and the effect of a mechanism’s pattern on innovation through the case study of POSCO, a 21-year-old business. We apply a new analytical tool involving different types of mechanisms, propose new classifications, and determine the relationship among mechanism factors, including subject, environment, and resource. We demonstrate how POSCO, a latecomer in the Asia Pacific region, gained a competitive edge over its competitors through an invisible resource and analyze POSCO’s overall degree of innovation. Our study facilitates a deeper understanding of the mechanism theory, which has been studied only on the conceptual level so far.