• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.13 no.1
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• pp.61-72
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• 2018

In a rapidly changing environment, such as globalization, technology-based startups are attracting attention as a new growth engine that creates jobs and added value and promotes national competitiveness. At present, countries around the world recognize the development of technology-based start-up companies as a major policy task and strive to make policy efforts to revitalize start-ups and strengthen innovation capabilities of companies. Especially, in order to secure superiority in the fierce market competition, it is becoming more and more important for the growth and development of technological start-up companies that pioneer new markets and energize the economy based on original and innovative technologies. Therefore, it is necessary to study systematically and plan for survival and growth of technology start-up companies. The purpose of this study is to investigate the entrepreneurial spirit of Innovation, Entrepreneurship, Risk Sensibility and Technology Innovation Capacity, R&D ability, Technology Accumulation Capacity, Technology Innovation System, The results of this study are as follows. the effects of marketing ability on technical performance and financial performance are examined. First, the CEO 's entrepreneurial spirit has an effect on the technical performance and financial performance of the management performance. Second, the technology accumulation ability and the R & D capability have a positive effect on the technical performance. Finally, it was found that the ability to commercialize the technology commercialization capacity affects both technical performance and financial performance. The policy implications that can be gained through this are as follows. First, by strengthening cooperation between universities and research institutes, related technology entrepreneurship education programs should be upgraded so that technology entrepreneurs or preliminary entrepreneurs can capture business opportunities and secure market price competitiveness. Secondly, R & D for the purpose of start-up should be developed and marketable technology should be developed and linked to direct start-up. Third, it is necessary to activate the program to match the company with the honorary retirement manpower of large enterprises and SMEs, which have more experience in field experience than the founders.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.14 no.5
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• pp.61-78
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• 2019

This study is about the effect of the founder's self-efficacy on the sales of the founding company by focusing on the factors that are currently emphasized in the founding education. In particular, this paper starts from the consciousness of the problem that the education that is being implemented to achieve the purpose of successful start-up among various government-based start-up support projects is failing to produce many start-up failures. Entrepreneurs cannot be assessed by objective financial data, but there is a high degree of uncertainty that should be determined based on their personal and learning abilities. In addition, many previous studies, which are likely to be successful when there is a high self-efficacy in a specific field due to the influence of factors such as personal experience or learning, will answer the direction of support for start-up companies. This study focuses on the impact of the founder's self-efficacy on the sales of the founding firms, especially the sales that are the key to the survival of the founding firms. This study has six major studies. First, to analyze whether the self-efficacy of entrepreneurs with respect to entrepreneurship affects the sales of entrepreneurs. Second, to analyze whether the self-efficacy of entrepreneurs with respect to market orientation affects the sales of entrepreneurs. Analysis of whether the founder's self-efficacy affects the sales of the founding firms. Fourth, analysis of whether the founder's self-efficiency affects the sales of the founding firms' understanding of management environment changes. An analysis of whether efficacy affects the sales of a start-up company, and sixth, an analysis of whether the founder's self-efficacy of business model building ability affects the sales of a start-up company. As a result of the empirical analysis, this study found that the self-efficacy of entrepreneurs on product differentiation capability and business model building capacity had a positive influence on the sales of entrepreneurs. The self-efficacy had a positive effect on self-efficacy, and the customer orientation had a positive effect on self-efficacy on business model building capacity. Also, it was confirmed that a path exists between the components of self-efficacy and that self-efficacy through the path has a positive effect on the sales of the start-up company. Therefore, the results of this study suggest the implications of establishing such a path and strengthening self-efficacy to create the survival and start-up performance of a start-up company if the goal of the start-up company is to survive when implementing various support projects for the start-up company.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.10 no.4
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• pp.1-12
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• 2015

Among leadership competence essential for start-up C.E.O, this study was to analyze the effect of self-leadership on recognition of opportunity on establishment of company and will of establishing company through the mediated effect of entrepreneurship. Under the atmosphere of encouraging the establishment of company led by the government, within the college curriculum, along with various education and events, the education about entrepreneurship is actively provided, and in academic fields, studies about entrepreneurship, recognition of opportunity on establishment of company, and will of establishing company are actively performed, while there is almost no study about correlation among self-leadership, recognition of opportunity on establishment of company and will of establishing company. Therefore, in this study, 320 questionnaires filled out by college students from four colleges in Seoul were verified and analyzed. As a result of analysis, at first, the self-leadership showed partially significant effect on entrepreneurship. Second, entrepreneurship showed partially significant effect on recognition of opportunity on establishment of company and will of establishing company. Third, the self-leadership showed partially significant effect on recognition of opportunity on establishment of company and will of establishing company. Fourth, regarded as the core of this study, in between self-leadership and recognition of opportunity on establishment of company, and in between self-leadership and will of establishing company, the mediate effect of entrepreneurship was shown. According to such outcome of study, in the curriculum design of college venture education to increase recognition of opportunity on establishment of company and will of establishing company, the education of entrepreneurship and active trial of self-leadership education are essential.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.6 no.4
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• pp.1-20
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• 2011

Although it is a limited and exploratory study, it is focused on figuring out correlations between characteristics of female CEOs who founded a company and their managerial achievements. Toward this end, the study is focused on generating such determinants as background characteristics, behavioral features and competence traits that characterize female CEOs based on previous studies and existing literature while suggesting study models and assumptions on correlations between these factors and managerial achievements and conducting empirical analyses. Results of the empirical analyses are as follows. First, regression analyses that verified relationships between background characteristics of female corporate founders and managerial achievements have found that major subjects had a significant effect, but that their experiences in corporate foundation and careers did not. Second, regression analyses that verified behavioral characteristics of female corporate CEOs and their managerial achievements have found that credibility and the motive for corporation foundation had a significant impact, but that efforts to counter risks factors did not. Third, regression analyses that verified relationships between competence features of female corporate CEOs and managerial achievements have found that managerial control capability had a significant impact, but that entrepreneurial capability and technical capability.

• International Commerce and Information Review
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• v.15 no.3
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• pp.3-24
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• 2013

This study has examined the relationship between entrepreneurial orientation(EO), dynamic capability(DC) and export performance of international new ventures(INVs). Also, the moderating effect of external environment factors(the hostility at domestic markets and the industrial dynamics) were analysed. Empirical analysis was performed on 101 INVs. It was conducted using the PLS(Partial Least Square). The result of empirical analysis showed that there is a positive relationship between EO, DC and export performance. The result of moderating effect showed that two external environment factors have positive moderating effect on the relationship between EO and DC. However, there was not moderating effect of external environment factors on the relationship between DC and export performance.

• 한국벤처창업학회:학술대회논문집
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• 2019.11a
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• pp.113-122
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• 2019

본 연구에서는 사람중심 조직문화 특성이 중소기업의 비지니스 생태계와 회사탁월성에 어떠한 영향을 미치는지, 비지니스 생태계와 회사탁월성은 기업성과에 어떤 영향을 주는지를 연구하는데 목적이 있다. 따라서 본 연구는 기업의 사람중심 조직문화 특성을 공감, 역량개발, 권한위임, 업무몰입도로 구분하고 각각의 독립변수들이 매개 변수인 비즈니스 생태계와 화사탁월성에 미치는 영향과 비니니스 생태계와 회사탁월성이 경영성과에 미치는 영향을 살펴보는 인과관계 분석이 주된 연구대상이다. 연구의 결과를 자세히 제시하면 다음과 같다. 사람중심 조직문화 특성과 비즈니스 생태계 간의 인과관계에 대한 실증 연구결과를 요약하면 공감, 역량개발, 권한위임, 업무몰입도는 비즈니스 생태계에 유의한 영향을 미치는 것으로 나타났다. 사람중심 조직문화 특성과 회사탁월성 간의 인과관계에 대한 실증 연구결과를 요약하면 업무몰입도는 회사탁월성에 유의한 영향을 미치는 것으로 나타났으며, 공감, 역량개발, 권한위임은 통계적으로 회사탁월성에 유의한 영향을 미치지 않는 것으로 나타났다. 기업역량인 비즈니스 생태계와 회사탁월성과 경영성과 간의 인과관계에 대한 실증 연구결과를 요약하면, 비즈니스 생태계는 경영성과에 통계적으로 유의한 영향을 미치지 않는 것으로 나타났으며, 회사탁월성는 경영성과에 유의한 영향을 미치는 것으로 나타났다. 이상의 연구결과와 함께 본 연구를 통해 다음과 같은 두 가지 시사점을 제시할 수 있다. 첫째, 기존연구와 사람중심 조직문화 특성을 활용하여 중소기업을 대상으로 실증연구 했다는 점에서 본 연구의 학문적 기여점을 찾을 수 있다. 중소기업은 대기업이나 공공기관에 비해 사람중심 경영에 대한 인식이 낮을 것으로 추측되었으나 분석결과 사람중심 조직문화 특성이 기업역량과 기업성과에 중요한 영향을 미치고 있음을 확인하였다는데 큰 의미가 있다고 하겠다. 둘째, 기업은 기존의 사업중심의 전통적 기업가정신과 사람중심경영이 잘 융합되어 중소기업 핵심역량에 영향을 주고 이는 다시 기업성과로 이어지는 결과를 낳는 선순환 모형이 된다는 점에서 의미가 있다.

• Journal of Distribution Research
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• v.17 no.5
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• pp.25-38
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• 2012

In general, commercial franchisors prefer franchisees with high entrepreneurship and business capability. However, these entrepreneurial franchisees with high capability tend to depend less on franchisors. Although franchisees with less entrepreneurship and low capability need intensive care from franchisors, some of them result in business failure due to improper supports from incapable franchisors. This paper suggests several propositions regarding social franchising's role in supporting the low-income urban people on the premise that social franchising or micro-franchising provides implications for franchisor strategic orientations for franchisees with little capital. Through literature review about social franchising and micro franchising, some implications are drawn. Many social enterprises use franchising to get growth and sustainability, because franchising allow social enterprise to expand its scale and to achieve economies of scale despite of its non-commercial and social purpose. And continuous support and training undertake the most important role to achieve its social purpose. In commercial franchising, especially small business format franchising sector, franchisor have to consider not only commercial purpose but also social responsibility because of low capability and less entrepreneurship of franchisee. If franchisor pursue only own profit, this can increase the conflict and franchise system failure. So far many franchisors are concerned with own profit and external growth. But it is necessary to consider symbiotic relationship, social responsibility and sustainability more for the sake of desirable industrial growth in the future.

• Journal of Technology Innovation
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• v.17 no.1
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• pp.69-95
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• 2009

This paper examines the motives for location decisions of startups and dynamics of cluster growth. Because the location decision is intrinsically strategic choice by entrepreneurs, it is an interplay of three critical forces; cost-benefit of the choice, R&D ability of new entrants, and R&D capability of incumbents in clusters. The effect of knowledge spillovers influences the cluster growth like a double-edge sword; both a positive effect of technology learning and a negative effect of knowledge de-learning. Using data on 710 bio-tech venture firms in Korea, this paper tests the hypotheses about the factors influencing the growth of the cluster. The empirical analyses suggested that early entrepreneurial activity in the clustered regions were important, however other factors such as the organizational legacy, internal dynamics inside a cluster, and the existence of cooperation norm in the cluster, affected long term viability of the cluster.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.18 no.1
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• pp.85-106
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• 2023

This study reviewed and derived the success factors of overseas agricultural startups and studied their integrated research model. Agricultural startups and general startups have in common that poor resources and infrastructure exist from a resource-based perspective after startup, but a differentiated approach from general startups is required due to the nature of the primary industry of agriculture. In this study, we approach the company internal factors (human resources/vision/distribution network capacity/capital capacity/cultivated crops/physical resources/farming technology, etc.) and external factors (agricultural infrastructure/laws/regulations/relationship with surrounding society, etc.) We tried to build a research model that can be integrated by focusing on various existing research models, success factors, and entrepreneurship. Through this, it is intended to present an integrated model that is practically helpful to business performance to entrepreneurs, business-related persons, and researchers who need an integrated understanding of agricultural startups at home and abroad. made for purpose In this paper, a standard model was established through three types (existing agricultural startup, small and medium-sized business startup, multinational company, and comprehensive approach) according to size and characteristics for modeling agricultural startup success factors. Through this, a total of 9 success factors (agricultural management, external environment, manager/founder characteristics, corporate identity, business management, organizational culture, infrastructure, commercialization capability, and sustainable growth) were derived. The implication of this study is that the success factors of agricultural startups were comprehensively presented based on 'entrepreneurship' for various domestic and foreign agricultural startup cases. By confirming the systematic categorization, a standard model for future agricultural startup success factors was presented, and as a result, a foundation was presented for systematic research and practical effectiveness of related research in the future.

• Journal of Technology Innovation
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• v.19 no.1
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• pp.111-144
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• 2011

This study is to confirm the core factors of innovative capabilities and technological entrepreneurship affecting the performance of technology management and business management of small and medium-sized enterprises (SMEs). Through the consideration about the complex natures of technological innovation affecting by multidimensional factors, this study designs the research model that innovative capabilities, the performances of technology and business management are arranged in accordance with the innovation process; input-output-outcome. To meet this research purpose, the hypothesis are set up based on the previous research studies and the research samples are selected from members of the Innovative Business (INNO-BIZ) Association, located in Seoul and Geyonggi province. As a result of regression analysis to the responses gathered from 360 firms, the performance of business management is influenced positively by the technology superiority, market growth and business profitability which are the dominant factors of performance of technology management. In addition, three sub-variables of innovative capabilities such as R&D, strategic planning and learning capability, have positive effects on both the managerial performances. Innovativeness and progressiveness of technological entrepreneurship affect both the performances positively. Moreover, the co-relation between technological entrepreneurship of an innovation leader and innovative capabilities of organizational members are identified. Lastly, technological entrepreneurship has the mediating effect on the path of leading innovative capabilities to the managerial performances. In conclusion, the research results imply that technological innovation-type firms should periodically evaluate the performance of technology management which are the output of technological innovations and the reinvestment for ultimate business success. And improving and developing innovative capabilities and technological entrepreneurship is required to continuously and consistently investing and supporting resources on technological innovations at the firm-and government-level. It is considered that these are the crucial methods for securing the technologically competitive advantage of SMEs with less resources and narrow innovation range.