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Influencing Factors on the Likelihood of Start-up Success of Researchers in Public Research Institutes: Using PLS and fsQCA  

Hwang, Kyung Yun (Science & Technology Knowledge Research Institute, Chungnam National University)
Sung, Eul Hyun (Science & Technology Knowledge Research Institute, Chungnam National University)
Publication Information
Asia-Pacific Journal of Business Venturing and Entrepreneurship / v.17, no.1, 2022 , pp. 107-120 More about this Journal
Abstract
The purpose of this study is to analyze the net effect and the combined effect of the determinants of the likelihood of start-up success of researchers at public research institutes. Based on the existing literature, the determinants of the researcher's likelihood of start-up success were reviewed, and a conceptual relationship between the determinants of the likelihood of start-up success was established. Data collection was conducted through a survey targeting researchers at public research institutes, and a total of 114 data were collected. The partial least squares (PLS) analysis method was used to analyze the net effect of the likelihood of start-up success determinant, and the fuzzy-set qualitative comparative analysis (fsQCA) was used to analyze the combined effect of the likelihood of start-up success determinant. In the PLS analysis results, it was found that technology commercialization probability and creative self-efficacy had a significant positive effect independently on the likelihood of start-up success. In the fsQCA results, we found a combined effect of increasing the likelihood of start-up success when the technology commercialization probability, technology commercialization capability, and creative self-efficacy were high. These research results provide academic implications for understanding the determinants of the likelihood of start-up success of researchers in public research institutes.
Keywords
Likelihood of Start-up Success; Technology Commercialization Probability; Technology Commercialization Capability; Network; Information Accessibility; Creative Self-efficacy;
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