신용문제에 따른 재창업기업 성과 결정 요인에 대한 실증연구

An Empirical Study on the Determinants of Re-startup Firm's Performance by the Condition of Credit Problems

  • Kim, In Sue (KAIST Center for Science-based Entrepreneurship) ;
  • Lee, Taek Ku (Planning & Coordination Office, Daejeon Metropolitan City)
  • 투고 : 2018.02.23
  • 심사 : 2018.04.30
  • 발행 : 2018.04.30

초록

본 연구는 실패 이후, 재창업을 하는 기업인들을 대상으로 실패 경험, 재창업 동기, 정부지원사업경험과 재창업교육 등이 재창업기업성과에 미치는 영향과 함께, 상기 4가지 요인들이 채무/신용문제에 따라 재창업기업성과에 미치는 영향이 어떻게 변하는지 분석하였다. 분석결과 실패경험은 재창업기업성과에 유의미한 영향이 없게 나타난 반면, 재창업동기와 정부지원사업경험 그리고 재창업교육은 재창업기업성과에 유의미한 영향을 미치고 있었다. 한편, 신용문제를 고려한 분석에서는 상기 4가지 요인들 모두 신용문제의 유무에 따라 재창업기업 성과에 서로 다른 영향을 보이고 있다. 신용문제가 없는 재창업 그룹에서 재창업동기와 실패경험이 재창업기업성과에 유의미한 영향을 미치고 있는 반면, 신용문제가 있는 재창업 그룹에서는 정부지원사업경험과 재창업교육 참여가 재창업기업성과에 유의미한 영향을 미치고 있었다. 본 연구결과 첫째, 신용문제 유무에 따라 재창업기업성과에 영향을 미치는 요인들이 다르다는 것을 보여주고 있다. 이는 실패 및 재창업 관한 연구 뿐 아니라, 재창업 정책 개발을 함에 있어 신용문제에 따른 차별적 접근이 필요하다는 점을 말하고 있으며, 둘째, 실패경험이 재창업기업성과에 영향이 없게 나온 것은 폐업 후 재창업까지 소요되는 기간 (평균 56개월, 단, 경우에 따라 2년~ 7년 이상이 소요)이 실패경험이 자산화되는데 영향이 미칠 수 있기 때문이라는 것을 추정 할 수 있었다. 이는 기존 연구에서 다루지 않았던 부분으로 향후, 실패경험과 재창업에 대한 직/간접 영향을 연구하고, 정책을 수립할 때, 진부화라는 개념에서 실패 이후 재창업까지 소요되는 기간을 고려해야 할 필요성을 제시하고 있다.

This study examines the effects of failure experience, re-startup's motivation, government support business and education for re-startup on the performance of re-startup firms after failure. In addition, we analyzed how the above factors affect the performance of re-startup firms by the condition of debt and credit problems. As a result of the analysis, the failure experience had no significant effect on the re-startup performance regardless of the credit problem, while re-startup's motivation, government support business and education for re-startup had a significant effect on re-startup firms' performance. In the re-startup group with the credit problem, the re-startup's motivation and the failure experience had a significant influence on the re-startup firms' performance. On the other hand, in the group that did not solve the credit problem, the re-startup's motivation and the failure experience had no significant effect on the re-startup performance, but the government support business and education for re-startup had a significant effect on re-startup performance. The results of this study are as follows: First, it shows that the characteristics of re-startups and the determinants of re-startups are different according to credit problems. Second, this study shows that it takes 56 months on average from the close of business to the re-start, and it may take more than 7 years due to the credit problems and bankruptcy. This suggests the necessity to consider re-startup in the concept of obsolete in consideration of time, when studying the direct/indirect influence of failure experience and re-startup, and establishing policy.

키워드

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