Browse > Article
http://dx.doi.org/10.9723/jksiis.2020.25.6.171

A Study on the Effect of Founder's Start-up Preparation and the Burden of Start-up Failure on Start-up Achievement-Focusing on the Social Support Moderating Effect  

Han, Hyang Won (호서대학교 벤처대학원 벤처경영학과)
Ha, Kyu Soo (호서대학교 벤처대학원 벤처경영학과)
Publication Information
Journal of Korea Society of Industrial Information Systems / v.25, no.6, 2020 , pp. 171-192 More about this Journal
Abstract
The purpose of this study is, first, to empirically verify the relationship between the influences of the start-up performance and the inherent fear factor of failure on the start-up performance through the preparation of the start-up. Second, this study aims to prove the influence of the moderating effect of social support on the relationship between start-up preparation and the burden of start-up failure. The research subjects were sampled and analyzed by 298 start-ups who are currently starting their own businesses. This study founds that preparation of start-up items, which is a subordinate theory of start-up preparation, had a significant effect on start-up performance, and that anxiety about failure had a significant effect on start-up performance. Using the SPSS statistical program, the hierarchical regression analysis proved the moderating effect of social support in the relationship between star-tup preparation, start-up failure burden and startup performance. Furthermore, the moderating effect of social support among start-up preparation, start-up failure burden and start-up achievement was analyzed, but no significant results were found for start-up failure burden. Besides, the effect of the opposite concept of independent variables on the dependent variables at the same time is to be analysed.
Keywords
Start-up; Start-up preparations; Burden of start-up failure; Start-up achievement; Social support;
Citations & Related Records
Times Cited By KSCI : 1  (Citation Analysis)
연도 인용수 순위
1 Lee, H. Y., and Kim, J. S.(2017). The Effect of Entrepreneurial Competency and Entrepreneurial Team Competency on Performance in the Early Stage of Technology Startup, Korean Entrepreneurship Society, 12(2), 31-56.   DOI
2 Lee, J. H. (2016). The Motivation for Establishing Start-ups and the Pressure of Failure in Effecting the will to Establish Business Start-ups: a Focus on the Moderating Effect of the Social Safety Network Through International Comparison, Ph. D. Thesis, Graduate School of Keimyung University. Dae-gu, Korea.
3 Lee, M. K. (2020). The Effect of Entrepreneurs Management Competencies and Background Characteristics on the Performance of Social Enterises: Focusing on the Moderating Effect of Governmental Support Utilization and Business Operating Period, Ph. D. Thesis, Graduate School of Chung-Ang University, Seoul, Korea.
4 Lee, S. J. (2019). A Study on the Effect of Entrepreneurial Mentoring on the Entrepreneurial Performace and Sustainability of Entrepreneurs, Ph. D. Thesis, Graduate School of Hansung University, Seoul, Korea.
5 Lee, Y. J., and Yang, Y. S. (2018). An Impact of Startup Business Performance by Entrepreneurs' Perceived Importance, Satisfaction, an Level of Meeting to Expectation over Government Startup Business Aid Programs, Asia-Pacific Journal of Business Venturing and Entrepreneurship. 13(1), 31-41.   DOI
6 Lee, Y. J., and Kim. Y. H.(2013). How to Revitalize Experienced Startup Sites: (Tentative name) Startup Safari Program, STEPI Insight, (130), 1-38.
7 Lim, H. J. (2020). The Job Stress of Mobile P olice-Focusing on Analyzing Differences Between the Male and Female Mobile Police Officer, Master' Thesis, Graduate School of Seoul National University, Seoul, Korea.
8 Lim, A. E. (2015). The Effect of Youth E ntre preneurs' C ompe tence on E ntre preneurial Behavior and Entrepreneurial Performance, Ph. D. Thesis, Graduate School of Chosun University. Gwang-ju, Korea.
9 Nam, G. J. (2020). Young Start-ups using Survival Analysis Method Study on Derivation of Survival Factors, Ph. D. Thesis, Graduate School of Konkuk University, Seoul, Korea.
10 Mezirow, J. (1991). Transformative Dimensions of Adult Learning, Jossey-Bass, San F rancisco, CA.
11 Oh, J. W., Lee, D. H., and Kang, J. K. (2015). An Empirical Study on Influence of Venture Preparation on Business Performance of Initial Venture Foundation: Focused on The Effect of Controlling The Period of Venture Preparation, Asia-Pacifi Journal of Business Venturing and Entrepreneurship, 10(4), 67-80.   DOI
12 Oh, S. H., and Ha, K. S. (2013). Effects on Entrepreneurial Intention by Start-up Environment and Self-efficacy Mediated by Fear of Business Failur, The Journal of Digital Policy & Management, 11(8), 143-157.
13 Park, D. S. (2018). An Empirical Study on the Sustainable Food Service Enterprise of Pre-Entrepreneur, Re-Entrepreneur, Entrepreneur, Journal of Food Service Management Society of Korea, 21(2), 211-242.
14 Park, H. S., and Kim, G. B. (2019). The Affect of Startup CEO' Activities for Startup Preparing And CEO' Characteristics on Startup Performace, Corporate Management Review, 10(3), 273-290.
15 Politis, D., and Gabrielsson, J.(2009). Entrepreneurs' Attitudes Towards Failure, International Journal of Entrepreneurial Behavior & Research, 15(4), 364-383.   DOI
16 Park, J. W. (2020). The Relationships between Founders' Entrepreneurial Leadership, Team Learning Behavior, Team Boundary Spanning, and Performance in the Early-Stage Startups, Ph. D. Thesis, Graduate School of Seoul National University, Seoul, Korea.
17 Park, J. H., and Ahn, T. U. (2016). A Study on the Influence of Young Entrepreneur' Entrepreneurship and Entrepreneurial Preparation upon the Entrepreneurial Performace: Contered on Mediated Effect of Entrepreneurial Infra System Using, Asia-Pacific Journal of Business Venturing and Entrepreneurship, 11(1). 39-47.   DOI
18 McGrath, R. G. (1999). Failling Forward: Real Options Reasoning and Entrepreneurial Failure. Academy of Management Review, 24, 13-30.   DOI
19 Park, M. S. (2012). An Empirical Study of the Effects of SME CEOs' Experienced Business Failure on Firm Performace, The Graduate School of Chung-Ang University, Seoul, Korea.
20 Park, S. H. (2016). An Empirical A Study on the Influence of College Students' Burden of Failure Loss on Entrepreneurial Will, Korean Entrepreneur Society Conferences, Korean Entrepreneurship Society, 47-50.
21 Rauch, A., and Frese, M. (2007). Let's Put the Person Back Into Entrepreneurship Research: A Meta-analysis on the Personality Traits, Business Creation, and Success, European Journal of Work and Organizational Psychology, 16(4), 353-385.   DOI
22 Sarasvathy, S. (2008). Effectuation: Elements of Entrepreneurial Expertise, Edward Elgar Publishing Limited, Cheltenham, UK.
23 Shapero, A. (1982). Social Dimensions of Entrepreneurship. In Kent, C., Sexton, D., and Vesper, K. (Eds.), The Encyclopedia of Entrepreneurship, Englewood Cliffs, Prentice-Hall, 72-90.
24 Seo, J. D. (2016). The Personality Characteristics of Entrepreneurs in Small and Medium Enterprises and the Impact of Self-Preservation on Securing Social Capital through the Medium of Social Support, Journal of Academic Presentation of the Korean Association of Management Education Association, 84-92.
25 Shane, S., and Venkataraman, S. (2000). The Promise of Entrepreneurship as a Field of Research, Academy of Management Review 25: 217-226.   DOI
26 Shapero, A., and Sokol, L. (1982). The Social Dimensions of Entrepreneurship, Encyclopedia of Entrepreneurship, 72-90.
27 Sitkin, S. B. (1992). Learning through Failure: The Strategy of Small Losses, Cummings, L.L., and Staw, B.M. (Eds.), , 14.
28 Arenius, P., and Minniti, M. (2005). Perceptual Variables and Nascent Entrepreneurship, Small Business Economics, 24(3), 233-247.   DOI
29 Ajzen, I. (1991). The Theory of Planned Behavior, Organizational Behavior and Human Decision, Processes, 50(2), 179-211.
30 Amit, R., Muller, E., and Cockburn, I. (1995) Opportunity Costs and Entrepreneurial Activity, Journal of Business Venturing, 10(2), 95-106.   DOI
31 Bates, T. (1980). Small Business Administration Loan Programs, Financial Review, 15(4), 8-8.   DOI
32 Birley, S., and Westhead, P. (1994). A Taxonomy of Business Start-up Reasons and Their Impact on Firm Growth and Size, Journal of Business Venturing, 9(1), 7-31.   DOI
33 Cardon, M. S., and McGrath, R. G. (1999). When the Going get Stough Toward a Psychology of Entrepreneurial Failure and Re-Motivation, Frontiers of Entrepreneurship Research, Babson College, Wellesley, MA.
34 Chang, S. D. (2020). What Makes Youth Entrepreneurs Feel Satisfied? A study On The Influencing Factors of the External and Intrinsic Satisfaction of Entrepreneurship, Korean Journal of Entrepreneurship, 15, 96-118.
35 Cobb, S. (1976). Social Support as a Moderator of Life Stress, Psychosomatic Medicine.
36 Cooper, A. C. (1986). Entrepreneurship and Hight Technology, In D.L Sexton, and R. W. Smilor (Eds.), The Art and Science of Entrepreneurship, Cambridge, MA: Ballinger, 155-168.
37 Cooper, C., and Marashall, J. (1998). The Stress Check: Coping with Stresses of Life and Work, Englewood Cliffs, New York: Prentice-Hall.
38 Cope, J. (2011). Entrepreneurial Learning from Failure: An Interpretative Phenomenological Analysis, Journal of Business Venturing, 26(6), 604-623.   DOI
39 Cressy, R. (1999). Small Business Failure: Failure to Fund or Failure to Learn, Entrepreneurship, Small and Medium-sized Enterprises and The Macroeconomy, 161-185.
40 Cope, J., Cave, F., and Eccles S. (2008). The Impact And Outcomes Of Venture Failure: Entrepreneurial Learning Perspective, Frontiers of Entrepreneurship Research, 28(4), 259-298.
41 Cronbach, L. J. (1951). Coefficient Alpha and the Internal Structure of Tests, Psychometrika, 16(3), 297-334.   DOI
42 Durkheim, Emile. and Suicide. (1951). A Study in Sociology, John, A. (Ed.), Spaulding and George Simpson, New York: The Free Press.
43 Conroy, D. E., and Elliot, A. J. (2004). Fear of Failure and Achievement Goals in Sport: Addressing the Issue of The Chicken and the Egg, Anxiety, Stress & Coping, 17(3), 271-285.   DOI
44 Ha, K. S. (2009). A Study on the Cost of Entrepreneur' Business Failure and Entrepreneurial Intention, Ph. D. Thesis, Graduate School of Hanyang University, Seoul, Korea.
45 Ha, K. S., and Han, J. W. (2010). A Study on the Failure - Stress of Entrepreneurs and Entrepreneurial Intention, Asia Pacific Journal of Small Business, 32(1). 21-41.
46 Hair, J. F., Black, W. C., Babin, B. J., Anderson, R. E., and Tatham, R. L. (1998). Multivariate Data Analysis, NJ: Prentice Hall.
47 House, J. S. (1981). Teacher Burnout: A Psychoeducational Perspective, Teachers College Record, 83, 234-243.
48 Jang, H. S. (2013). A Society that is Afraid of Starting a Business Should Bolster the Enthusiasm for Starting a Business, Public Perception Survey on Entrepreneurship, Sustainable Growth VIP Report, Hyundai Economic Research Institute.
49 Jeon, H. J. (2019). The Effect of Entrepreneurial Team Members' Characteristics and Diversity Openness on Performance, Ph. D. Thesis, Graduate School of Chung-Ang University, Seoul, Korea.
50 Jang, Y. M. (2018). The Effects of Senior' Internal and External Factors on Entrepreneurial Intention: Focused on the Moderating Effect of Social Support, Ph. D. Thesis, Graduate School of Venture, Hoseo University, Seoul, Korea.
51 Jo, J. H. (2019). An Exploratory Research on the Experience of University Student' Start-up Preparation Process, Core Competency Education Research, 4(10), 29-46.
52 Jo, J. Y. (2016). The Impact of Individual Characteristics and Level of Start-up Preparation of Small Business Traders. Master' Thesis, Graduate School of Chung-Ang University, Seoul, Korea.
53 Jo, L. G. (2020). Corona's Economic Crisis, Fiscal Role, Public Policy,(179), 11-13.
54 Joung, S. W. (2001). Survival Strategies of Small and Medium Venture Businesses in the Depression-Academic Presentation and Discussion/Part 2 Presentation: A Study on the User Satisfaction of Small Business Support Center in Busan. Journal of Spring Academic Presentation, The Korea Small and Medium Business Association, 137-156.
55 Kang, H. S. (2013). A Study on the Marketability Analyses of Start-up Items and Supporting Policy Tasks, Ph. D. Thesis, Graduate School of Consulting, Pai Chai University, Daejeon, Korea.
56 Vyakarnam, S., Jacobs, R. C., and Handelberg, J. (1997). Formation and Development of Entrepreneurial Teams in Rapid Growth Businesses, BDO Stoy Hayward Centre for Growing Businesses at Nottingham Trent University.
57 Song, K. S. (2015). The Effects of Small Business CEO's Start-up Environment on Fear of Business Failure and Entrepreneurial Failure, Korea Contents Association. 15(2), 393-407.   DOI
58 Vesper, K. H. (1990). New Venture Strategies, University of Illinois at Urbana-Champaign's Academy for Entrepreneurial Leadership Historical Research Reference in Entrepreneurship. University of Washington-Department of Management & Organization.
59 Venkatraman, N., and Ramanujam, V. (1986). Measurement of Business Performance in Strategy Research: A Comparison of Approaches, Academy of Management Review, 11(4), 801-814.   DOI
60 Venkataraman, S. (1997). Value at Risk for a Mixture of Normal Distributions: the Use of Quasi - Bayesian Estimation Techniques, Economic Perspectives, Federal Reserve Bank of Chicago, 21, 2-13.
61 Yoon, B. J., and Ha, K. S.(2012). Recognition of Business Failure and Sucess of Entrepreneurial Intention of University Students, Journal of the Korea Academia-Industrial Cooperation Society, 12(8), 3406-3414.   DOI
62 Zacharakis A. l. and Meyer, G. D., and Decastro J. (1999). Differing Pereptions of New Venture Failure: A Matched Exploratory Study of Venture Capitalists and Entrepreneurs, Journal of Small Business Management. 27, 1-14.
63 Kim, J. Y. (2015). The Effect of Technological Characteristic Factors in Entrepreneurship Items on the Corporate Performace, Ph. D. Thesis, Graduate School of Hanbat National University. Daejeon, Korea.
64 Kang, Y. U., and Ha, K. S. (2012). Characteristics of Small Business Start-Up and Effect of Preparation of Small Business Start-up on Business Performance-Focusing on Mediating Effect of Self-Efficacy, Digital Convergence Research, 10(9), 239-251.
65 KI, H. S. (2020). A Study on the Factors of Entrepreneurship and Entrepreneurship Support P olicy on Entrepreneurial Intention, Ph. D. Thesis, Graduate School of Soongsil University, Seoul, Korea.
66 Kim, B. S. (2012). A Study on the Entrepreneur's Psychological Traits and Entrepreneurship - Focus on the Process Model, Eurasian Studies, 9(1), 119-152.
67 Kim, N. P., and Kwon, Y. J. (2018). A Study on the Relationship Between Entrepreneurship Eeadiness, Social Support, Government Support for Entrepreneurship Consulting, and Entrepreneurship Outcomes, Korean Journal of Entrepreneurship, 13, 1-25.
68 Kim, S. Y., and Kwak, S. Y., and Jung, G. O. (2019). The Impact of Resilience on Entrepreneurial Intention of Failed Entrepreneur: Focus on the Moderating Role of Entrepreneurial Experience, Role Model and Entrepreneurial Education, Regional Industry Research. 42(1). 57-82.
69 Kwak, D. C., Joo, Y. H., and Cho, B. H. (2016). A Study on Influential Factors of Survival Rates: Focused on Youth Start-ups, Korean Small Business Association, 38(4), 77-94.
70 Landier, A. (2004). Entrepreneurship and the Stigma of Failure, Paper Presented at the MIT Finance, Development and Macro Workshops.
71 Lechler, T. (2001). Social Interaction: A Determinant of Entrepreneurial Team Venture Success, Small Business Economics, 16(4), 263-278.   DOI