• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.15 no.4
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• pp.83-96
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• 2020

Traditionally social problems had been largely left to be handled by non-profit organizations, not because of lack of interests in social causes but mostly because of lack of innovative ideas to solve them in commercially viable ways. This market failure has recently been fixed by social enterprises, which manage to provide both solutions for social issues and commercially viable business models. As a result, we have been witnessing a sudden spike of public interests in these social enterprises as well as a call for empirical investigation on social enterprises by prior studies. However, empirically investigating a social enterprise has been a challenging endeavor mostly due to the insufficient number of successful social enterprises. Answering to the call in this study, we empirically investigate Goyohan Taxi, a successful social enterprise that partners with visually impaired cabdrivers and offers a taxi service, by both longitudinally interviewing the founder and adopting in vivo observation throughout the entrepreneurial journey of Goyohan Taxi. Based on the single case study method, we find that Goyohan Taxi adopts two distinctive decision-making mechanisms, the de-escalation of commitment and the orthogonality of commercial and social goals. Although generalizability of the our finding is minimal due to the limitation of single case study method, our finding contributes to the research of social entrepreneurship by offering new avenue of research in decision-making process of social entrepreneurs.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.17 no.1
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• pp.121-137
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• 2022

The purpose of this study is to present the necessary success factors and strategies for high-tech social ventures and stakeholders in the related ecosystem by empirically identifying factors that affect their sustainable performance. Based on prior research, the dimensions of three performance factors were presented: core technology competency, core business competency, and social mission orientation. Then, such sub-dimensions such as technology innovation orientation, R&D capability, business model, customer orientation, social network, and social mission pursuit were derived. For empirical analysis, a survey was conducted on domestic high-tech social ventures, and the significance of the hypothesis was tested through PLS-structural equation analysis of the collected 243 valid data. As a result, it was found that the technology innovation orientation was embedded as an abstract organizational and cultural characteristic in the high-tech social venture, which is a research sample, and thus did not significantly affect the dependent variable. In other words, aiming for the latest cutting-edge technology alone cannot affect performance, and it is a result of proving the need for substantial influencing factors that can strengthen it. On the other hand, the business model had a significant effect only on social performance, which is presumed to be the limitation of measurement tools developed for social enterprises, and the results of additional multi-group analysis to determine the cause also supported the basis for this estimation. Excluding the previous two performance factors, R&D competency, customer orientation, social network, and social mission pursuit were all found to have a significant positive (+) effect on social and economic performance. This study laid a foundation for related research by identifying high-tech social ventures emerging in the ecosystem of a social economy and expanded empirical research models related to the performance of existing social enterprises and social ventures. However, in the research method or process, there were limitations such as factor derivation or verification for balance of dual performance, subjective measurement method, and sample representativeness. It is expected that more in-depth follow-up studies will continue by supplementing future limitations and designing improved research models.

• 한국벤처창업학회:학술대회논문집
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• 2017.08a
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• pp.55-68
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• 2017

The purpose of this study is to seek ways to enhance sustainability by understanding the business model of social ventures that should be accompanied by social and environmental missions as well as economic missions. To achieve this purpose, We seek to enhance sustainability by analyzing the business model of social venture entrepreneurs. The analysis tool used TLBMC (Triple Layered Business Model Canvas). It is extended from a business model canvas that is widely utilized and recognized in economical terms. The TLBMC is proposed by Alexandre & Raymond (2016) to help achieve a holistic view with horizontal and vertical associations. Based on the TLBMC, we found that each of the social ventures needed additional factors or unnecessary factors, and that they were approaching a different meaning from the beginning to stabilizing phase. And social entrepreneurs have concluded that using TLBMC to provide stakeholder and staff basic understanding of economic, social, environmental and environmental factors, enabling rapid and accurate communication and collaboration. This study will help people who prepare and study social ventures to have economic, environmental, and social perspectives. t could also be used to redefine the direction and value of entrepreneurs operating social ventures, such as vision and mission to help clarify the roles of the organization.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.18 no.3
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• pp.17-32
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• 2023

In recent years, the need for social ventures that aim to grow while solving social problems through the efficiency and effectiveness of commercial organizations in the market has increased, while there is a limit to how much the government and the public can do to solve social problems. Against this background, the number of social venture startups is increasing in the domestic startup ecosystem, and interest in impact investors, which are investors in social ventures, is also increasing. Therefore, this research utilized judgment analysis technology to objectively analyze the validity and weight of judgment information based on the cognitive process and decision-making environment in the investment decision-making of impact investors. We proceeded with the research by constructing three classifications; first, investment priorities at the initial investment stage for financial benefit and return on investment as an investor, second, the political skills of the entrepreneurs (teams) for the social impact and ripple power, and social venture coexistence and solidarity, third, the social mission of a social venture that meets the purpose of an impact investment fund. As a result of this research, first of all, the investment decision-making priorities of impact investors are the expertise of the entrepreneur (team), the potential rate of return when the entrepreneur (team) succeeds, and the social mission of the entrepreneur (team). Second, impact investors do not have a uniform understanding of the investment decision-making factors, and the factors that determine investment decisions are different, and there are differences in the degree of the weighting. Third, among the various investment decision-making factors of impact investment, "entrepreneur's (team's) networking ability", "entrepreneur's (team's) social insight", "entrepreneur's (team's) interpersonal influence" was relatively lower than the other four factors. The practical contribution through this research is to help social ventures understand the investment determinant factors of impact investors in the process of financing, and impact investors can be expected to improve the quality of investment decision-making by referring to the judgment cases and analysis of impact investors. The academic contribution is that it empirically investigated the investment priorities and weighting differences of impact investors.

• KDI북한경제리뷰
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• v.21 no.10
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• pp.3-28
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• 2019

사회적기업, 협동조합, 소셜벤처 등 사회적경제의 부상으로 이들이 전체 경제에서 차지하는 비중이 커지고 있어 북한, 통일 관련 연구에서도 접목이 필요하다. 사회적경제는 북한·통일 문제와 어떤 연관이 있는지에 대해 통일정책과 통일 역량 강화의 측면에서 나누어 고찰했다. 전자에 포괄되는 주제로는 통일국가의 미래상, 북한경제의 유사성 및 변화가 있다. 후자와 관련되는 주제로는 남북교류협력, 북한이탈주민정책, 통일교육에 대한 함의를 다뤘다. 통일국가의 미래상과 관련하여 사회적경제는 통일경제의 부작용에 대한 완충기제로 작동할 수 있을 것으로 예상된다. 사회적경제는 자본주의의 발전에 따라 제기되는 사회적 문제를 해결하고자 하는 보완적 성격의 경제활동으로 이해된다. 따라서 향후 자유시장경제 방식의 통일이 진행되는 경우, 남한 자본주의의 문제점이 전 한반도로 확산되는 부작용에 대한 대안적 해결방안으로 작동할 수 있을 것으로 기대된다. 사회적경제가 북한경제, 나아가 사회주의 경제와 유사성이 있는지에 대해서는 논란이 있다. 향후 이에 대한 연구 성과에 따라 북한경제의 변화를 추동하는 동력으로서 사회적경제의 영향력을 가늠할 수 있을 것이다. 남북교류협력과 관련해서는 우선, 교류협력이 재개되는 경우 사회적경제기업의 참여를 어떻게 추동하고 지원할 것인지에 대한 대안을 내놓을 필요가 있다. 일반 기업 또한 사회적경제 관점을 활용해 북한 진출에 나설 수 있을 것으로 예상할 수 있고, 이 때 중요한 사회적경제의 키워드는 BOP 시장이다. 사회적경제는 북한이탈주민을 취약계층으로 자리매김하고 있는데, 향후에는 적극적으로 사회적경제의 창업의 주체로 육성할 필요성이 있다는 점도 제기하였다. 통일교육과 관련해서는 대상, 주체, 내용과 관련한 시론적 차원의 접근을 정리하였다. 사회적경제의 부상이 북한학 연구에 미치는 영향에 대해서는 더 많은 새로운 상상력의 발휘가 요구된다.

• 한국벤처창업학회:학술대회논문집
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• 2021.04a
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• pp.61-65
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• 2021

세계적으로 창업 생태계가 구축되면서 기술창업 분야가 두각을 보이고 있다. 기술창업은 기술력을 통한 지속력뿐 아니라 혁신적으로 변화를 진행시키므로 기술에 대한 투자 동향을 날이갈수록 높아지고 있다. 하지만 기술이 발전하면서 함께 주목되고 있는 분야가 사회적 가치를 가지고 있는 소셜벤처이다. 특히 UN에서 발표한 지속가능한 발전목표(SDGs)의 경우 필수적으로 사업 비즈니스 모델적으로 채택된 분야를 갖고 있어야하며 비재무적성과를 판단하는 기준인 ESG 또한 필수적인 사회적 가치 요소로 떠오르고 있다. 이러한 흐름 속에서 기술 역량을 내세웠을 때와 사회적 가치를 내세웠을 때 투자자들은 어떤 역량과 특성을 더 선호하며 투자 유무가 결정되는지를 분석해보고자 한다. 결국 기술 역량 또는 사회적 가치 둘중 하나를 내세운다는 것은 기업의 이미지를 나타내는것과 같은 의미이다. 이에 기술역량과 사회적 가치가 기업이미지를 유능 또는 따뜻함 중 어떻게 나타나는지 알아보고 투자 유무에 미치는 영향을 보고자 한다. 본 연구에서는 기술창업 기업 기술 범위를 인공지능(AI), 빅데이터, 사물인터넷(IoT), 바이오(Bio)로 총 4개로 분류하였다. 기술 창업의 기술범위를 독립변수로 설정하였으며 기술창업에서 기술역량 또는 사회적 특성을 내세웠을 때 기업이미지가 유능하게 보여지는지 따뜻하게 보여지는지를 알아보고자 한다. 기업이미지가 유능함 또는 따뜻함으로 비춰졌을 때 벤처투자에서 투자 유무가 결정되는지를 검증하고자 한다. 검증 방법에서는 벤처투자자가 아닌 창업교육을 이수하는 대학생들을 대상으로 모의투자를 통해 연구를 진행하고자 한다.

• 한국벤처창업학회:학술대회논문집
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• 2019.04a
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• pp.69-74
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• 2019

사회적기업이란 영리기업과 비영리기업의 중간형태로서 사회적기업육성법에서는 취약계층에게 사회서비스 또는 일자리를 제공하여 지역주민의 삶의 질을 높이는 등의 사회적목적을 추구하면서 재화 및 서비스의 생산 혹은 판매 등의 영업활동을 수행하는 기업으로서 고용노동부 장관의 인증을 받은 기업을 말한다. 현재 사회적기업은 2019년 3월말 기준 2,154개의 기업이 활동하고 있다. 사회적기업의 양적증가에 따라서 사회적기업가 리더십과 조직의 존재가치를 설명하는 조직유효성이 중요하다. 조직유효성의 증가하기 위해서, 조직유효성에 미치는 다양한 영향요인들 중에서 어떤 요인이 더 많은 영향을 미치는 가에 대한 연구가 필요한 시점이다. 기존연구는 사회적기업 조직유효성에 대한 조직문화, 리더십 등 조직 관련 개별요인과 조직유효성과의 관계 파악에 한정하고 있으나 본 연구에서는 소셜미션을 추구하는 사회적가치와 지속가능성을 위한 경제적가치를 추구하는 사회적기업의 특성에 따른 역할 스트레스가 조직유효성에 미치는 영향 뿐 아니라 리더십, 의사소통, 조직문화의 개별적 요인 뿐 아니라 통합적인 적용을 하고자 한다.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.19 no.5
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• pp.139-154
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• 2024

This study investigates the effects of social entrepreneurs' management competencies and background characteristics on public market performance. The government enacted the Social Enterprise Promotion Act in 2007 to create sustainable jobs and solve various social problems through social enterprises. However, contrary to expectations, the performance of social enterprise promotion has been criticized for being biased toward quantitative growth and not achieving the real policy goal of spreading the intrinsic competitiveness and net social functions of social enterprises. Under these circumstances, this study aims to investigate how the intrinsic competitiveness of social enterprises can be enhanced, especially in the public market supported by the government, by focusing on the mediating relationship between the public market performance of social enterprises and the management capabilities and experience characteristics of social entrepreneurs. The results showed that among the management competencies of social entrepreneurs, strategic competencies, technical and professional competencies, and marketing competencies have a positive effect on the public market performance of social enterprises, while managerial competencies have no effect on public market performance. Second, when it comes to the management capability characteristics of social entrepreneurs, we find that technical and professional capabilities, strategic capabilities, and marketing capabilities have a positive effect on experience characteristics, but managerial capabilities have no effect on public market performance. Third, in the test of the mediating effect of experience characteristics on the public market performance of social entrepreneurs' management competence characteristics, it is found that strategic competence and marketing competence have a statistically significant effect on public market performance, while technical and professional competence is not significant. In conclusion, experience characteristics have a partial mediating effect on the relationship between social entrepreneurs' strategic and marketing capabilities and public market performance, while experience characteristics have a full mediating effect on the relationship between technical and professional capabilities and public market performance. In order to create jobs and solve various social problems through fostering social enterprises as expected by the government, all kinds of policy support should be expanded to help social enterprises develop sustainable growth and development with intrinsic competitiveness, and in particular, various policy supports to facilitate social enterprises' entry into the public market should be considered, as well as various policy measures to help social entrepreneurs accumulate experience in various social economic activities and strengthen their management capabilities. In addition, it is essential to introduce policies to strengthen the capacity to enter the public market in policies for social enterprise leap forward and sustainability of social venture companies fostered by the government.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.11 no.6
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• pp.61-69
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• 2016

The purpose of this study is to examine the factors influencing usage intention of social network service (SNS) in social enterprise. This model tests various theoretical research hypotheses relating the social enterprise, task-technology fit (TTF), technology acceptance model (TAM), and usage intention of SNS. The data were gathered from 84 questionnaire respondents. Smart partial least square (PLS) 2.0 have been utilized for deriving the study results. The result of hypothesis testing are as follows. First, TTF positively influence perceived usefulness, perceived ease of use, and usage intention of SNS. Second, perceived usefulness positively influence usage intention of SNS. But perceived ease of use does not influence usage intention of SNS. This study will provide theoretical and practical implications of TTF and usage intention of SNS in social enterprise.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.14 no.1
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• pp.187-198
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• 2019

The purpose of this study is to seek ways of utilizing TLBMC by understanding business model of social ventures that are accompanied by social and environmental as well as economic missions. In order to achieve this, business models from economic, environmental and social perspectives will be analyzed, and we seek to enhance sustainability of social venture entrepreneurs. As the analysis tool, TLBMC(Triple Layered Business Model Canvas) expands upon the business model canvas that is widely utilized and recognizes economical terms. The TLBMC is proposed by Joyce, A., & Paquin, R. L.(2016) to help achieve a holistic view with horizontal and vertical associations. The study tries to overcome limitations of previous studies and observe a variety of economic, environmental, and social perspectives that social ventures should have with the TLBMC. As a result, it has the following implications; Firstly, creating separate social, environmental and economic business model canvas helps a business to have a holistic approach. Secondly, it was found that social venture characteristics of environmental and social perspectives were applied in practice. Lastly, we have established experience data on social venture business model. This study focuses on the opinions, the meanings and the subjective views of the participants. As a result, conclusions are drawn by the researchers ' assertions and has limitations as a research on case studies. However, this study will help people who are preparing or studying social ventures to have economic, environmental, and social perspectives. Also, redefinition of the direction and value of entrepreneurs operating social ventures, such as vision and mission, will help clarify the roles and responsibility of organizations. As a fundamental step for future empirical studies, this study could be the base for social venture business model studies.