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The Effects of Network between Business Founder and Investor on Enterprise performance: Focused on TIPS Support Business  

Kim, Hong kee (Economics, Hannam University)
Kim, Chae wang (Ministry of SMES and Startup)
Publication Information
Asia-Pacific Journal of Business Venturing and Entrepreneurship / v.13, no.3, 2018 , pp. 47-57 More about this Journal
Abstract
The purpose of this study is to grasp the correlation between network and firm's performance by analyzing the perception and characteristics of network of business founder and investor from the perspective of the network. We selected a TIPS support program which is evaluated to be a best practice as a research target for empirical analysis. The empirical results using social network and statistical analysis, shows that the stronger the investor's network connectivity, the more likely it is that the investor's start - up succeeds in attracting subsequent investment. In addition, both the entrepreneurial team and the management think that the internal human network between the enterprise and the investor plays an important role in inducing investment or exploring the company, and recognizes that the value of the human network will have a significant influence on the enterprise value evaluation or investment decision.
Keywords
startup ecosystem; business founder; investor; network; performance;
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