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An Empirical Study on the Effects of the Values of Socialism to the Entrepreneurial Intentions of North Korean Refugees  

Noh, Kyu-Duk (Major in North Korea Development Cooperation, Department of Northeastern Asian Studies, Chung-Ang University)
Lee, Jung-Hee (School of Economic, Chung-Ang University)
Lee, Il-Han (School of Business Administration, Chung-Ang University)
Publication Information
Asia-Pacific Journal of Business Venturing and Entrepreneurship / v.16, no.6, 2021 , pp. 107-117 More about this Journal
Abstract
The purpose of this study is to examine the causal relationship of related variables in order to promote entrepreneurship, which is one way to support the economic independence and stable settlement of North Korean defectors. This study is firstly to examine the influence of individualism and collectivism on entrepreneurial intentions, and secondly, to examine the mediating effect of social adaptability in the relationship between socialist value system and entrepreneurial intention. To this end, a survey was conducted on North Korean defectors, and the empirical analysis target was 223 North Korean defectors. For the verification of the causal relationship between personal disposition and entrepreneurial intention, and the causal relationship between value system and entrepreneurial intention PLS was used. And PROCESS for SPSS Macro was used to verify the mediating effect of social adaptation in the relationship between the value system and entrepreneurial intention. Looking at the results of the empirical analysis, the extraversion factor was found to have a positive effect on the entrepreneurial intention level of North Korean defectors, and the self-fulfillment desire factor was found to have a positive effect on the entrepreneurial intention. It was also found that individualist values have a positive effect on the entrepreneurial intentions of North Korean defectors, and collectivist values do not have a significant effect on the entrepreneurial intentions. As a result of examining the mediating effect of social adaptability between individualism/collectivism and entrepreneurial intention in this study, it was found that individualist value has a direct impact on entrepreneurial intention without engaging social adaptability.
Keywords
North Korean Refugees; Extroversion; Achievement Motivation; Collectivist Perspective; Individualist Perspective; Social Adaptability; Entrepreneurial Intentions;
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