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http://dx.doi.org/10.5762/KAIS.2016.17.4.106

The Influence of Senior Entrepreneurial Decision Making Types and Entrepreneurial Supporting Policy on Start-up Performance  

Ryu, Sang-Jung (Graduate School of Venture, Hoseo Univ.)
Yang, Hae-Sool (Graduate School of Venture, Hoseo Univ.)
Publication Information
Journal of the Korea Academia-Industrial cooperation Society / v.17, no.4, 2016 , pp. 106-121 More about this Journal
Abstract
While economic crises are happening internationally due to the global financial crisis and the long-term recession of the domestic economy, South Korea is also experiencing an aging society with the retirement of the baby-boomers and a low birth-rate. The rapid retirement of baby-boomers, which is one of the essential parts of the Korean economy, is ongoing. Consequently, the number of seniors showing interest in entrepreneurship, as a way to avoid the economic threat, is increasing. Therefore, this study examined the correlation between two factors and its success, which can be stated as the influence of decision making in entrepreneurship and the influence of promotion policies to entrepreneurship. A survey was taken from 393 people, who received academic and managerial assistance from the Senior-Founded Support Center of Small Business Market Corporation and Adults Incubators of Seoul-Business Agency. and 'Hypothesis 1-1' and 'Hypothesis 2-2' were selected, because a positive effect was derived at each verification process. As a result, under the decision making types of entrepreneurship, only a reasonable type showed a positive effect at both the financial outcome and non-financial outcome of success, and the intuitive type was affected positively by the non-financial outcome. In addition, under the entrepreneur supporting business, among financial support, managerial support and educational support only managerial support had a positive effect.
Keywords
Dependent-type; Entrepreneurship support system; Founded success; Founded type of decision; Intuitive-type; Rational-type;
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