Browse > Article

The Effect of Entrepreneur's Curiosity on Challenge, Innovation and Competition  

Geum, Yong-Pil (Department of Innovation Start-up & Growth, Daegu Catholic University)
Kim, Pansoo (School of Business, Kyungpook National University)
Jang, Young-Hye (Office of Industry-University Cooperation, Keimyung College University)
Publication Information
Asia-Pacific Journal of Business Venturing and Entrepreneurship / v.15, no.2, 2020 , pp. 253-265 More about this Journal
Abstract
This study examined the effects of curiosity, the personal characteristics of start-up founders, on entrepreneurship. Among the various factors that make up the entrepreneurship, this study identified the relationship between the practical factors (challenge, innovativeness, competition) and the founder's curiosity. Based on previous studies, curiosity was divided into four individual factors: deficiency, playfulness, social curiosity, and stimulus pursuit. For each individual factor, we analyzed meaningful relationship with entrepreneurship. In addition, the founders were classified into those who simply think of starting a business, those preparing to start a business, and those who started the business. Each group was analyzed their degree of curiosity. The data were analyzed based on the final 248 data for entrepreneurs who are preparing or starting their own business in Daegu-Gyeongbuk region. Analysis shows that curiosity is higher in those who prepare or start a business than those who think about it. Curiosity has been found to have a positive effect on both the challenge, the innovation, and the composition of the competition. In addition, in entrepreneurship, the challenge was found to have a positive effect on innovation, but it did not affect competition composition. The characteristics of individual factors of curiosity were also different, and there was a significant effect of deficiency and playfulness on challenge, social curiosity and stimulus pursuit on innovation, and stimulus pursuit on competition. These findings are significant in identifying and analyzing curiosity as a factor influencing entrepreneurship. The results of the analysis can help theoretical expansion of entrepreneurship. In addition, it can provide important implications for the direction of entrepreneurship education and program development among volunteer activities for prospective entrepreneurs.
Keywords
Entrepreneurship; Curiosity; Innovation; Challenge; Competitiveness; Structural Equation Analysis;
Citations & Related Records
Times Cited By KSCI : 4  (Citation Analysis)
연도 인용수 순위
1 Kashdan, T. B.(2002). Social Anxiety Dimensions, Neuroticism, and the Contours of Positive Psychological Functioning. Cognitive Therapy and Research, 26, 789-810.   DOI
2 Kashdan, T. B., Disabato, D. J., Goodman, F. R., & Naughton, C.(2018). The Five Dimensions of Curiosity. Harvard Business Review, Sep/Oct, 96(5), 58-60.
3 Kim, J. H.(2012). A Study on the Impaction the Success Confidence of the Psychological Capital, and the Challenge of Hospitality Workers in Korea. Doctoral Dissertation, Chung-Ang University, Korea.
4 Kim, J. H., Kim, D. H., & Kim, H.(2008). A Case Studies on the Success Factors of Innovative SMEs. Asia-Pacific Journal of Business Venturing and Entrepreneurship, 3(2), 65-88.   DOI
5 Kim, P., Jung, H. Y., & Jang, Y. H.(2019). Relationship between Entrepreneurship, Entrepreneur Market Perception, and Business Performance: Focusing on the Moderating Effect of Founder's Capital Type. Korea Business Review, 34(5), 467-483.   DOI
6 Kim, Y. W., Park, H. H., & Moon, B. J.(2019). A Study on the Entrepreneurship and Management Strategies of the Founder CEO of Xiaomi, Lei Jun. Korea Business Review, 23(4), 33-74.
7 Kim, Y., Jeong, Y., & Yoon, J.(2018). An Exploratory Study of Entrepreneurship Framework: Meta-Analysis on the Result-focused Framework. Korean Business Review, 33(5), 483-500.   DOI
8 Lee, C. S., & Lee, H. B.(2018). The Effects of Minimalism Design Characteristics on Consumer Attitude of Mobile Devices: The Mediating Role of Curiosity and the Moderating Role of Playfulness. Journal of Marketing Management Research, 23(3),1-26.
9 Lee, S. M.(2017). Study on the novelty structure of smartphone application-Focusing on the young generation. Journal of Communication Design, 59, 102-111.
10 Loewenstein, G.(1994). The Psychology of Curiosity: A Review and Reinterpretation. Psychological Bulletin, 116(1), 75-98.   DOI
11 Park, S. H.(2007). Sport Fan Curiosity: A New Approach to the Understanding of Sport Fan Behavior. Korean Journal of Sport Science, 18(4), 173-184.
12 Lumpkin, G. T., & Dess, G. G.(1996). Clarifying the Entrepreneurial Orientation Construct and Linking It to Performance. Academy of Management Review, 21(10), 135-172.   DOI
13 Mahmood, R., & Norshafizah, H.(2013). Entrepreneurial Orientation and Business Performance of Women-Owned Small and Medium Enterprises in Malaysia: Competitive Advantage as a Mediator. International Journal of Business and Social Science, 4(1), 82-89.
14 Miller, D.(1983). The Correlates of Entrepreneurship in Three Types of Firms. Management Science, 29(7), 770-791.   DOI
15 Nishikawa, K., & Amemiya, T.(2015). Development of an Epistemic Curiosity Scale. The Japanese Journal of Educational Psychology, 63(4), 412-425.   DOI
16 Park, J. W., & Kim, W. J.(2015). The Effects of CEO's Career Orientation on the Firm Performance: Mediation Effect of Entrepreneurship. Asia Pacific Journal of Small Business, 37(2), 69-86.
17 Park, S. H.(2009). Concept, Type and Effects of the Curiosity to Tourist Experience. Journal of Kyonggi Tourism Research, 14, 1-14.
18 Renner, B.(2010). Curiosity About People: The Development of a Social Curiosity Measure in Adults. Journal of Personality Assessment, 87(3), 305-316.   DOI
19 Schumpeter, J.(1934). The theory of economic development. MA: Harvard University Press.
20 Kim, J. Y.(2019). Impact of entrepreneurial orientation on small- and medium-sized enterprises' entrepreneurial performance: the mediating role of entrepreneurial knowledge position. Asia-Pacific Journal of Business Venturing and Entrepreneurship, 14(2), 83-93.   DOI
21 Borowske, K.(2005). Curiosity and Motivation-to-Learn. Proceedings of the ACRLTwelth National Conference, Minneapolis, MN.
22 Baek, S. I, Lee, S. M., & Chang H. J.(2015). Exploratory Research on the Entrepreneurship and Work Experience: A Comparative Case Study on the Opportunity Exploration, Opportunity Realization, Risk Management Strategy. Asia Pacific Journal of Small Business, 37(2), 107-146.
23 Yoon, H. S., Song, I. B., & Kim, Y. J.(2018). Influence of Personal Characteristics and Background Characteristics on Entrepreneurship and Perceived Business Performance in Entrepreneurs as Independent Business Owners of Network Marketing. Asia-Pacific Journal of Business Venturing and Entrepreneurship, 13(4), 233-244.   DOI
24 Zuckerman, M., & Litle, P.(1986). Personality and Curiosity about Morbid and Sexual Events. Personality and Individual Differences, 7(1), 49-56.   DOI
25 Stevenson, H. H., & Gumpert, D.(1985). The Heart of Entrepreneurship. Harvard Business Review, 85, 85-94
26 Barney, J.(1991). Firm Resources and Sustained Competitive Advantage. Journal of Management, 17(1), 99-120.   DOI
27 Berlyne, D. E.(1966). Curiosity and Exploration. Science, 153(3731), 25-33.   DOI
28 Birenbaum, M., Alhija, F. N., Shilton, H., Kimron, H., Rosanski, R., & Shahor, N.(2019). A Further Look at the Five-dimensional Curiosity Construct. Personality and Individual Differences, 149, 57-65.   DOI
29 Bouquet, C., Barsoux, J., & Wade, M.(2018). Bring Your Breakthrough Ideas to Life. Harvard Business Review, Nov/Dec, 96(6), 102-113.
30 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
31 Deci, E. L., & Ryan, R. M.(1981). Curiosity and Self-Directed Learning: The Role of Motivation in Education. Current Topics in Early Childhood Education, 4, 1-24.
32 Jang, S. H., & Ma, Y. J.(2011). The Effects of Entrepreneurship and Market Orientation on the Social Performance of Social Enterprise: Focused on the Gender Differences. Journal of Industrial Economics and Business, 24(5), 2777-2802.
33 Kashdan T. B., Stiksma, M. C., Disabato, D. J., McKnight, P. E., Bekier, J., Kaji, J., & Lazarus, R.(2018). The Five-dimensional Curiosity Scale: Capturing the Bandwidth of Curiosity and Identifying Four Unique Subgroups of Curious People. Journal of Research in Personality, 73, 130-149.   DOI
34 Jeraj, M.(2014). The Relationship Between Optimism, Pre-Entrepreneurial Curiosity and Entrepreneurial Curiosity. Organizacija, 47(3), 199-209.   DOI