Browse > Article

The Effects of CEO Characteristics and Support Policies of Young Entrepreneurship Rural Companies on Corporate Performance  

Lee, Oun Ju (Hoseo University Venture Graduate School)
Heo, Chul Moo (Hoseo University Venture Graduate School)
Publication Information
Asia-Pacific Journal of Business Venturing and Entrepreneurship / v.15, no.2, 2020 , pp. 137-151 More about this Journal
Abstract
Since the global financial crisis, the employment rate of young people worldwide has been declining, and the situation in Korea has worsened. Recently, the employment rate has been restored to a small extent due to the implementation of various government policies on youth employment and entrepreneurship, and many young entrepreneurs have been produced. In addition, various types of youth farming enterprises are emerging as the system for encouraging home farmers and villagers and fostering young farmers has been expanded. In this regard, this study examines the influence of CEO's personal characteristics and government's support policies on corporate performance in starting and managing youth rural enterprises. The purpose of this study was to analyze the effect on the performance of rural enterprises. Through this study, it will be able to know what are the important factors for young people to achieve results in starting a rural enterprise. The results of this study suggest three implications. The first is that the personal characteristics of the CEO are important for the performance of youth start-up rural enterprises. Second, in support policy, educational support affects performance, but funding policy does not have a significant effect. Third, since ICT's environmental characteristics do not affect the CEO's personal characteristics and support policies and corporate performance, it is more important to find ways to utilize them directly in the field than to develop ICT's environmental characteristics.
Keywords
youth Start-up; rural enterprise; support policy; ICT environment; corporate performance;
Citations & Related Records
연도 인용수 순위
  • Reference
1 Kim, Y. S.(2016). Performance Analysis and Improvement Program on Entrepreneurship Support Policy of Rural Youth. Master's Thesis, Kongju National University Graduate School.
2 Kim, W. S., Ko, S. C., & Kwon, O. P.(2007). Entrepreneur Traits and Business Activities of Rural Women. Korean Society for Rural Guidance, 14(1), 93-116.
3 Kim, B. K., & Lee, J. Y.(2005). Supporting System for Starting Up Small-scale Business of Rural Women. Journal of regional studies, 13(3), 55-86.
4 Kim, D. P.(2017). The Impacts of Personal Characteristics and Recognition of External Environments for the Prospective Agricultural Entrepreneurs on the Entrepreneurial Intention of Cuting Edge Agricultural Start-ups with ICT Conversion and Integration: Focused on Hoengseong-gun Province. Master's thesis, Graduate Schol Yonsei University.
5 Kim, H. G.(2011). Venture Business , Agricultural venture business , Jang Saeng Doraji. Korean Review of Corporation Management, 12(2), 89-117.
6 Ko, B. S.(2004). An Empirical Stuby on the Determinants of Venture Business Performance. Doctoral thesis, Ajou University Graduate School.
7 Korea, ICDL Qualification Research Association(2008). Module. 1, Concepts of information and communication technology(ICT). the Korea Productivity Center.
8 Ko, H. S., & S, J. H.(2012). The Effect of the Transformational Leadership, Perceived Organizational Support and the Individuals Needs for Achievement on the Organizational Commitment: Focused on the Role of Self-Leadership. Korean Jouranl of Business Administration, 25(1), 435-459.
9 Ko, S. H.(2011). The Structural Relationship between Competitive Strategy and Performance in SMEsand Venture Businesses. Doctoral thesis, Konkuk University Graduate School.
10 Kwon, S, Y.(2016). A Study on the Efect of Agri-Fod Potential Entrepreneurs' Personal and Environmental Characteristics on Entrepreneurial Intention: Focusing on the Moderating Efect of Self-eficacy. Master's Thesis, Graduate School of Global Entrepreneurship, Kokmin University.
11 Lee, G. W.(2016). The Influence of Start-up CEO's Entrepreneurial Attributes and DFCA on Business Performance. Doctoral thesis, Seoul Venture University Graduate School.
12 Lee, H. Y.(2008). Research methodology. Seoul; Book cheonglam.
13 Bae, K. H.(2005). An Study on the Impacts of Policy Fund on the Success of the Small and Medium-sized Ventures. Deposit Insurance Corporation, 6(2), 115-158.
14 Ban, S. S., Park, J. H., & Seo, S. G.(2009). The Effect of Entrepreneurship and Support of Business Incubator Center on Corporate Performance. Productivity review, 23(2), 215-234.   DOI
15 Beard, D. W., & Dess, G. G.(1981). Corporate-level Strategy, Business-level Strategy and Firm Performance. Academy of Management Journal, 24(4), 663-688.   DOI
16 Cassidy, T., & Lynn, R.(1989). A multifactorial approach to achievement motivation: The development of a comprehensive measure. Journal of Occupational Psychology.
17 Chinn, M. D., & Fairlie, R. W.(2010), ICT use in the developing world: an analysis of differences in computer and internet penetration. Review of International Economics, 18(1), 153-167.   DOI
18 Cho, S. G.(2009). The Effect of Management Innovation Techniques and Attributesof Performance Management System on th eBusiness Performance of Small and Medium Size Companies. doctoral thesis, Dong-A University Graduate School.
19 Chung, Y. H., & Lee, C. S.(2006). Effects of Environmental Characteristics and Governmental Support on the Balanced Performance of Agricultural Corporations. Korean Accounting Association Accounting Research, 11(2), 75-92.
20 Lee, J. W.(2000). Individual Characteristics and Entrepreneurial Intentions. Korean Small Business Association, 22(1), 121-146.
21 Lee, S. H., Lee, S. H., Kim, J. H., & Park, J. J.(2018). Suggestions to support rural youths in Gyeonggi-do. Gyeonggi Research Institute, 1-100.
22 Nam, I. H., & Ha, K. S.(2011). An Empirical Study on Factors affecting 'Intention of Migration to Rural Area' of Urban Workers. Korean Society for Agricultural Economics, 32, 93-124.
23 Ministry of Agriculture, Food and Rural Affairs(2018). Agricultural and Forestry Project Implementation Guidelines.
24 McClellnad, D. C.(1962). Business drive and national achievement. Harvard Business Review, 40(4), 99-112.
25 Murray, H. A.(1938). Explorations in personality: A clinical and experimental study of fifty men of college age. Oxford, England: Oxford Univ. Press.
26 Nam, J. I.(2013). Study on Effect of Entrepreneurial Mentoring for Relationship between Entrepreneurial Behaviour and Intention. Master's Thesis, Chung-ang University Graduate School.
27 Park, I. J.(2012). 2013 IT Industry Policy Direction. Korea Institute Of Communication Sciences, 30(1), 5-9 .
28 Park, J. W.(2011). The Effects of Characteristics of CEO, Environment and Competence on Corporate Strategy and Performance in Venture Companies. Master's Thesis, Graduate School of Entrepreneurial Management Hanbat National University.
29 Prescott, J. E., Kohli, A. K., & Venkatraman, N.(1986). The market share‐profitability relationship: An empirical assessment of major assertions and contradictions. Strategic Management Journal, 7(4), 377-394.   DOI
30 Rural Development Administration(2018). Rural Promotion Project Implementation Guidelines.
31 Gartner, W. B., & Vesper, K. H.(1994). Experiments in Entrepreneurship Education: Sucess and Failures. Journal of Business Venturing, 9(3), 179-187.   DOI
32 Covin, J. G., & Slevin, D. P.(1991). New Venture Strategic Posture Structure and Performance: An Industry Life Cycle Analysis. Journal of Business Venturing, 5, 123-135.   DOI
33 Eagly, A. H., & Johnson, B. T.(1990). Gender and Leadership Style: A Meta-Analysis. Psychological Bulletin, 108(2), 233-256.   DOI
34 Gartner, W. B., Mitchell, T. R., & Vesper, K. H.(1989). A taxonomy of new business ventures. Journal of Business Venturing, 4(3), 169-186.   DOI
35 Govindarajan, V., & Fisher, J.(1990). Strategy Control System and Resource Sharing: Effect on Business-unit Performance. Academy of Management Journal, 33(2), 259-285.   DOI
36 Jang, J. A., & Kwak, D. Y.(2011). Automotive-IT Technology and Service Development Strategies. Korea Institute of Information Technology Magazine, 9(1), 11-18.
37 Johnson, B. R.(1990). Toward a multidimensional model of entrepreneurship: The case of achievement motivation and the entrepreneur. Entrepreneurship Theory and Practice, 14(3), 39-54.   DOI
38 Jung, Y. W., & Ban, S. S.(2008). A Study on the Tenager Entrepreneurship Educatio and Entrepreneurial Intention. Journal of the Korean Association of Entrepreneurship Studies, 3(1), 45-46.
39 Kang, Y. K.(2011). Due to changes in information and communication technology (ICT) Development Strategy of Smart E-Government. Korean Association for State Management, 7, 81-96.
40 Kang, J. W., Lee, Y. G., Ji, K. B., Lee, B. G., Lee, J. I., & Jung, Y. T.(2015). Gangwon-do Agricultural Competitiveness. Kangwon Development Institute.
41 Sandberg, W. R., & Hofer, C. W.(1987). Improving New Venture Performance: The Role of Strategy, Industrial Structure, and the Entrepreneur. Journal of Business Venturing, 2(1), 5-28.   DOI
42 Schein, E. H.(1990). Career anchors: Discovering Your Real Values, Pfeiffer and Company. San Diago, Calif..
43 Sharder, C. B., Taylor, L., & Dalton, D. R.(1984). Strategic Planning and Organizational Performance: A Critical Appraisal. Journal of Management, 10(2), 149-171.   DOI
44 Son, M. H., Yu, T. W., Kim, J. G., Lim, H. S., & Lee, H. S.(2003). A Comparative Analysis of the Weights of Balanced Scorecard Performance Measures According to Corporate Life Cycle. Journal of the Korean Operations Research and Management Science Society, 28(1), 79-96
45 Statistics Korea(2018). Corporate Death Data. Retrieved from http://kostat.go.kr/wnsearch/search.jsp.
46 Yoon, B. S.(2004). Determinants of Entrepreneurial Intentions: Individual Characteristics and Environmental Factors. Academic & Industrial Research, 17(2), 89-110.
47 Yu, C. J., Hwang, J. S., & Jang, D. H.(2008). The Effect of the Farm Managerial Ability on the Management Performance: Focused on Rice Farmers, Korean Industrial Economic Association. Journal of Industrial Economics and Business, 21(4), 1809-1824.
48 반성식.김상표.엄태열.장성희(2013). 농촌 창업기업의 내부 및 외부 특성이 성과에 미치는 영향에 관한 연구. 한국창업학회지, 8(1), 15-32.   DOI
49 유찬주.황진수.장동헌(2008). 농업경영자능력이 경영성과에 미치는 영향에 관한 연구: 수도작 농가의 사례. 한국산업경제학회, 2(4), 16.
50 KIAT Korea Industrial Technology Agency(2018). press release focuses on youth job creation. Retrieved from http://www.kiat.or.kr/site/contents/public/index2_read.jsp
51 Kim, G. M.(2017). A Study on the Packaging Design of Agricultural Products by Smart Farm Agricultural Technology Development-Focused on strawberry packaging design. Journal of Cultural Product & Design, 32(1), 129-138.   DOI
52 Kim, N. P., & Kwon, Y. J.(2018). An Examination of Small Business Owners' Start-up Readiness, Social Support, Government Start-up Consulting, and Entrepreneurship Performance. Korean Entrepreneurship Journal, 13(3), 94-118.   DOI
53 Kim, M. C., & Sung, N. I.(2012). Government R&D Subsidies and the Performance of Small and Medium Enterprises. Asia Pacific Journal of Small Business, 34(1) 39-60.
54 Kim, Y. S.(2015). The Effects of Potential Entrepreneurs' Personal Characteristic and Environment Factor on Entrepreneurial Intentions: The Moderating Effects of Age. Master's thesis, Chung-Ang University Graduate School.
55 Kim, Y. S.(2003). A Study on the Elementary Teacher's Ability to Utilize Information for the Qualitative Improvement of ICT Class. Master's thesis, The Graduate School of Education Yonsei University.