• Korean small business review
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• v.42 no.1
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• pp.135-165
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• 2020

This study aimed to examine relationships between founders' entrepreneurial leadership, team learning behavior, team boundary spanning, and perceived performance in early-stage startups. The following results were recorded: (i) the indirect effects of entrepreneurial leadership on perceived performance via team learning behavior were statistically significant (β=.309, p<.05). (ii) relationships between team learning behavior and perceived performance were strengthened by team boundary spanning behavior (β=.259, p<.05). In this study, three practical implications are provided as follows: (i) startups need to seek team learning readiness and external learning stimulus to facilitate generative and transformative team learning; (ii) accelerators need to develop an entrepreneurial leadership program for founders; and (iii) startups need to explore external information by interacting with investors, R&D institutions, and other startups to strengthen the impact of team learning behavior on performance. Furthermore, two directions for future research are suggested as follows: (i) future researchers need to test causal relationships between entrepreneurial leadership and team learning behavior based on a newly designed time-series measurement plan; (ii) the actual effects of entrepreneurial leadership, team learning behavior and team boundary spanning on financial performance need to be tested two or three years later when the financial performance of early-stage startups usually becomes evident.

• 한국벤처창업학회:학술대회논문집
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• 2019.04a
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• pp.7-11
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• 2019

최근 대학을 기반으로 한 스타트업 육성 정책 및 학생 스타트업의 초기 시장 진입을 위한 엑셀러레이팅 프로그램은 매년 증가하고 있으나, 스타트업의 성공적인 투자 유치 사례는 부족하다. 많은 투자 성공 결정 요인 중 기존 선행연구를 통해 새로운 벤처의 투자 여부를 결정할 때 기업가와 관련된 요소들이 연구되었으나, 투자자와 기업가 사이에 형성되는 투자 결정 과정에 대한 연구가 부족하다. 따라서 본 연구에서는SEED 단계의 세 번의 투자를15개의 질문을 통해 분석하여 투자 성공에 가중치를 주는 3가지 요인을 (팀 역량, 보유 기술 역량, 심사역과의 관계) 찾아냈으며, 투자 진행 정도에 따라 인지(Awareness), 알아감(Knowing), 유치(Meeting)로 나누어 각 단계에서 전략적인 경영자의 행동이 투자에 미치는 영향에 대해 분석했다. 학생 기술 창업자들 중 40억이상 투자 받은 기업은 드물다. 이는 학생 창업자들의 투자 유치에 필요한 구체적인 메뉴얼이 부족하기 때문이라고 생각한다. 모든 학생 창업가들이 '(주)레티널'의 성공사례와 유사할 수는 없지만, 유사한 환경에서 창업을 하고 있는 사례를 구체적으로 분석한 본 사례를 통해 학생들의 투자 유치시 구체적인 전략을 수립하는데 도움을 줄 것이라고 시대한다. 또한 대학 창업의 투자 성공률을 높이는데 기여할 수 있을 것이라고 생각된다.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.20 no.3
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• pp.338-352
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• 2019

This study was empirically intended to determine obstacle factors of the global start-up promotion for the international inroad of global start-up companies. The statistical analysis of reliability and validity was conducted through the AMOS structural equation model after surveying 300 companies over 5 years old into start-up in metropolitan cities across the country. The findings are as follows. The global start-up growth had a very close relationship with capital, product development period, quality and human resources. And capital as a start-up obstacle factor was insignificant, but development period, quality and human resources had a close relationship with industrial competitiveness. Even in the mediating effect of start-up obstacle factors on industrial competitiveness, capital was rejected, while quality, development period and human resources were adopted, having a positive mediating effect. These results demonstrate that capital is not a big obstacle to the management because of the continuous support of the government due to the nature of start-up companies, but growth is in a remote future as long as there is no independent product competitiveness to maintain the quality of products at a certain level and support of professional workforce to develop and commercialize them.

• Journal of Venture Innovation
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• v.6 no.1
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• pp.95-114
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• 2023

As the Fourth Industrial Revolution progresses, the importance of startups is becoming more prominent. Additionally, the role of accelerators in ensuring the sustainability of startups is also being emphasized. Therefore, in this study, among the services provided by accelerators to startups, the mentoring service, education service, funding service, and networking service tried to empirically analyze the structural relationship that affects startup performance through the dynamic capabilities of start-ups. To achieve this, we conducted a survey in February 2023 targeting startup CEOs and executives who had experience with accelerator program services. A total of 238 valid responses were analyzed using structural equation modeling with Amos 24. The results of the empirical analysis were as follows. The accelerator program services, including mentoring, education, funding, and networking services, had a significant positive effect on startup dynamic capabilities. Among the accelerator program sub-factors, networking services had the highest impact on startup dynamic capabilities, followed by mentoring, funding, and education services. Furthermore, startup dynamic capabilities were found to have a significant positive effect on startup performance. On the other hand, startup dynamic capabilities were found to mediate the relationship between mentoring, education, funding, networking services, and startup performance. Dynamic capabilities are a critical factor for startups, and the finding that accelerator programs can have a significant impact on startup performance by mediating these dynamic capabilities is significant both academically and practically.

• 한국벤처창업학회:학술대회논문집
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• 2023.11a
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• pp.187-192
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• 2023

1990년대 후반 정부는 경기부양의 일환으로 창업보육센터(Business Incubatir: BI)를 전국에 설치·운영하도록 지원하였다. 창업보육센터를 통해 벤처기업이 스스로 자생력을 갖출 수 있는 시기까지 시설, 기술, 행정, 경영지원 뿐만 아니라 입주지원까지 다양한 지원 역할을 수행해오고 있다. 특히 창업보육센터의 교육프로그램은 입주업체들의 기업 성장에 있어서 매우 중요한 역할을 한다. 이러한 창업보육센터의 교육프로그램이 기업 성과에 영향을 미치는 요인으로 최근 조직문화에 대한 관심이 고조되고 있다. 조직문화는 스타트업을 움직이는 심장이며 그 영향력은 실핏줄을 타고 회사의 가장 사소한 결정에까지 미친다. 조직문화마저 없다면 스타트업은 제품, 브랜드 무엇 하나 제대로 갖추지 못한 그저 꿈을 쫓는 집단에 지나지 않을 것이다. 본 연구는 창업보육센터의 교육프로그램 서비스품질 구성요인 인 유형성, 신뢰성, 반응성과 스타트업에게 중요한 원동력이 되는 실천중심설계가 교육만족, 조직문화 및 조직성과에 미치는 영향에 대해 살펴보고 아울러 교육만족이 조직문화에 조직성과에 미치는 영향에 대해 연구를 진행하고 가설을 검증함으로써 학문적, 실무적으로 유용한 시사점을 도출하고자 한다.

• 한국벤처창업학회:학술대회논문집
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• 2022.04a
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• pp.11-15
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• 2022

한국은 전 세계에서 미국에 이어 두 번째로 인터넷 연결에 성공한 나라가 되었고 1990년대 후반에는 세계 최초로 초고속 인터넷이 도입, 개발되면서 많은 닷컴기업들이 등장하였다. 이렇게 인터넷을 기반으로 한 비즈니스들이 출현하고 '인터넷 혁명'이라 불릴 정도로 사회, 경제적 변화가 일어났으나, 인터넷 비즈니스 역사에 대한 연구는 매우 제한적이다. 본 연구는 인터넷 비즈니스의 역사에 대해 다양한 개별 기업의 역사연구를 수행한 후, 비교를 통해 설명 변수를 발견하고 이를 통해 이론을 발견하는 경영사적 연구접근 방법을 소개하고자 한다. 구체적으로 본 연구는 귀납적 접근방법을 기초로 1990년대 말, 2000년대 초의 이른바 창업자, 벤처 관련 인사들의 인터뷰 및 문헌연구를 진행하였다. 스타트업 역사 상 의미가 큰 기업으로 메디슨, 큐닉스, 새롬기술, 다음, 네이버, NC소프트, 넥슨에 대한 내용을 정리 중이다. 이 기업들은 공통적으로 새로운 기술 도입을 기회로 삼아 가치를 창출하여 사회를 바꾸려하는 기업가정신을 추구하고 있었다. 또한 인터넷 인프라를 기민하게 활용하였으며 1997년 말 외환위기로 인해 인재와 자금이 벤처로 이동한 환경적 변화가 성장의 기폭제가 되었다. 또한 코스닥을 통한 자금조달 등은 벤처기업들의 시장기회를 확대하고 성장에 기여를 하였으며 자율적이고 유연한 기업문화에 형성하며, 대학가에 창업 붐을 일으키기도 하였다. 제 2벤처붐이 도래한 이 시점에 벤처기업에 대한 귀납적 방법론을 활용한 경영사적 관점의 지속적 연구가 필요하다.

• Science & Technology Policy
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• v.25 no.8
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• pp.38-41
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• 2015

'배달의 민족'으로 서비스와 B급 문화를 바탕으로 일약 우리나라 전체의 음식업계와 배달업계에 회자되고 있는 '우아한 형제들'은 현재 1,800만명이 다운로드 받아 사용하고 있는 음식배달 전문 모바일 기반 서비스 기업이다. 2011년 3월 법인 설립 이후, 2014년 11월 골드만삭스 컨소시엄으로부터 400억원을 투자받으며, 국내 시장을 넘어 세계 시장을 넘보고 있는 우아한 형제들에서 글로벌 파트너십과 기업 M&A 관련 업무를 맡고 있는 Mike Kim 사업개발(Corporate Development) 책임자. 그의 실리콘 밸리와 링크드인(LinkedIn)에서의 경험이 우아한 형제들의 행복한 기업문화와 어떻게 상생의 시너지를 발휘하고 있는지 살펴본다.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.15 no.1
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• pp.31-44
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• 2020

Accelerators that invest in early startups, as well as nursery and overall management, have recently emerged as "key players" in the startup ecosystem. This can be proved by the case where the number of domestic accelerators registered in the Korean Ministry of SMEs and Startups has recently reached 208. Accelerators provide the necessary education for early-stage companies, including guidance for a certain period of time, and support startups in ways such as demo days to attract subsequent investment after the seed investment. There is not much research in academia about what factors impact on these accelerators when making investment decisions at the time of seed investment. In this study, we checked the meaning and function of the accelerator and tried to analyze what factors affect on accelerators when making a decision to invest in startups. The research method is based on a literature survey of previous studies on investment decision-making factors of venture capital and angel investors, and a lens model and judgment analysis method through empirical research targeting 43 accelerator investment decision-makers. Empirical analysis shows that accelerators have three of the key factors to consider when choosing the first startup to invest and educate; entrepreneurs' entrepreneurial traits, their product and service expertise and a potential return on success. This will provide an opportunity for early startups to gain strategic access to accelerators when they need money or need a structured educational program. Also, the results obtained through this research will be a kind of guideline for startups to attract accelerators' investment. The significance of this study is that discriminatory evidence was presented on the accelerator determinants of investment, and it would be highly suggestive to startups and related public institutions.

• Journal of Korea Society of Industrial Information Systems
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• v.25 no.1
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• pp.71-87
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• 2020

As startup companies are recognized as the important source of job creation and economic growth, the study is trying to find out the current situation of startup companies and their success factors in South Korea. The study analyzes the success factor of Woowa Brothers recognized as a unicorn start-up company in 2018 by using ERIS model and Start-up Developmental Stages. The ERIS model emphasizes Entrepreneurs, Resources, Industry Environment and Strategy for company performance and three developmental stages are divided into initiation, commercial and growth stages. The results indicate that the Woowa Brothers' success factor was to catch the appropriate timing in ERIS and to combine unique methods by differentiating itself from existing competitors at each stage. With analyses of success factor of Woowa Brothers as a case model, the study reveals limitations and recommends the direction of future research for producing more unicorn companies in South Korea.

• Journal of Industrial Convergence
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• v.18 no.1
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• pp.1-15
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• 2020

This study aims at examining the effect of strategic orientation on IT startup performance and analyzing the mediating effect of network in the relationship. The study was conducted on the three dimensions that make up strategic orientation: technological orientation, customer orientation, competitive orientation on firm performance, and the understanding of the role of the network. Empirical research on 94 IT startups as residents of startup support institutions was conducted. The suitability of the research model was evaluated with PLS-SEM. As a result of the empirical analysis, customer orientation and competitive orientation was verified to have a positive effect on network, while Technological orientation was confirmed to have no positive effect. and network mediated the relationship between customer orientation and competitive orientation, while Technological orientation was confirmed to have no positive effect. The results of this study provide startup practitioners with strategic direction and the importance of network establishment and utilization.