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http://dx.doi.org/10.22788/5.3.1

Accelerator Incubation Program and Entrepreneurial Performance of Portfolios : Focusing on the Moderating Effect of Accelerator Entrepreneur Passion  

Kim, Sang-cheol (Investment Finance Center, Korea Credit Guarantee Fund)
Chung, Byoung-gyu (Sungkyul University)
Publication Information
Journal of Venture Innovation / v.5, no.3, 2022 , pp. 1-17 More about this Journal
Abstract
Entrepreneurs recognize that their passion was an important factor in driving successful entrepreneurship. However, they were often unaware of the impact that third-party passions related to startups have on them. Therefore, in this study, it was verified whether the accelerator incubation program had an effective effect on portfolios. At this time, I tried to do an empirical analysis focusing on how the third-party accelerator entrepreneur passion affects the entrepreneurial performance of portfolios. To this end, a survey was conducted on representatives of portfolios across the country who completed the accelerator incubation program, and empirical testing was conducted based on 330 valid ones. As a result of empirical analysis, it was confirmed that mentoring and networking among accelerator incubation programs had a positive (+) effect on entrepreneurial performance of portfolios. On the other hand, education and seed investment in the accelerator program did not significantly affect the entrepreneurial performance of portfolios. On the other hand, it was tested that accelerator entrepreneur passion significantly moderated both the incubation program elements (education, mentoring, network, seed investment) and the entrepreneurial performance of portfolios. The results of this study are meaningful in that they reveal that the passion of accelerator entrepreneurs is an important lynchpin of incubation programs and the key to success in startups. In addition, this study suggests that it is important for startups to go one step further from seed investment and properly identify the accelerator entrepreneur and his passion, the key man of accelerators.
Keywords
accelerator incubation program; education; mentoring; network; seed investment; accelerator entrepreneur passion; entrepreneurial performance;
Citations & Related Records
Times Cited By KSCI : 4  (Citation Analysis)
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