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The Correlation Influences by the Quality of Product Pivoting Boot Camp and its level of Training Satisfaction on the Applying Will to Their Real Business of High-tech Ventures in the Early Stage of Growth  

Kim, Myung-Seuk (Hanbat National University, Graduate School of Entrepreneurial Management)
Yang, Young-Seok (Hanbat National University, Graduate School of Entrepreneurial Management)
Hwangbo, Yun (Graduate School of Global Entrepreneurship, Kookmin University)
Publication Information
Asia-Pacific Journal of Business Venturing and Entrepreneurship / v.13, no.3, 2018 , pp. 37-46 More about this Journal
Abstract
This paper define the research problem as the jeopardized situation of most startups in early chasm. Korean government have put more policy focus on helping these startups to jump over the chasm. One of the effective policy measures helps these startups defining the core competencies validated from target customers, in-housing them effectively, and therefore enhancing the level of differentiation against the competitors by "Product Pivoting Training Boots Camp." It ultimately give the key nudge to startups in struggling with unsold products after initial launch to the market. This paper carried out the empirical test to the target sample of startups participating in this camp. In particular, this research analyze the level of satisfaction of startups, as move along with characteristics of the participant and training program, going through this camp whether it enhance their will of application into real business case. The survey were delivered and collected from 203 startups in attending "Product Pivoting Academy, the following program of Startup Jump-up package policy module. The research result shows that all startups participating in this academy were so much satisfied and motivated strongly to take the training process into applying real business case in order to increase sales. The quality of the training program and the characteristics of the participants had mediating variable effects on the will of application with respect to the level of satisfaction. It imply that the program should put more attention on improving coaches' nudge and learning motivation of participants to enhance the level program satisfaction.
Keywords
Startup; QFD; Transfer Intension; Training Performance; learner readiness; perceived content validity; self-efficacy;
Citations & Related Records
Times Cited By KSCI : 1  (Citation Analysis)
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