• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.18 no.1
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• pp.125-140
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• 2023

Careful preparation for a start-up can lower the risk of failure and create a successful business model. However, there are still challenges for middle-aged entrepreneurs, as start-up services and policies are often not readily accessible or fully utilized. Despite active research on middle-aged start-ups, previous studies have not delved deeply into the demographics of start-up preparation and various preparation behaviors. In response to this, a study was conducted to identify which start-up support services middle-aged entrepreneurs use, and how start-up preparation can be classified based on this. Data from 324 middle-aged tech start-up owners, based in Seoul and who started their businesses within the past 7 years, was collected and analyzed. The results showed that middle-aged entrepreneurs had moderate start-up preparation, with the greatest focus on the preparation period and the least focus on start-up education. Latent Profile Analysis revealed three groups of start-up preparation types among middle-aged entrepreneurs: "Overall Tribal Type," "Lack of Start-up Education Type," and "Comprehensive Preparation Type." BCH was performed on start-up satisfaction, start-up competence, fear of failure, access to start-up services, and support needs for middle-aged entrepreneurs based on the preparation type. The results showed that "Overall Tribal Type" had statistically lower start-up satisfaction, competence, and service accessibility compared to the other groups. Meanwhile, "Comprehensive Preparation Type" had a statistically lower fear of failure than the other types. "Overall Tribal Type" also had lower accessibility to middle-aged start-up services. All types had a high recognition of the need for support for specialized middle-aged start-ups. The findings highlight the need for more comprehensive support for middle-aged entrepreneurs. This could include expanding support projects to enhance their level of preparation, providing customized support based on their level of preparation, and improving the visibility and accessibility of start-up support services for middle-aged individuals. Additionally, specialized education that addresses the characteristics of middle-aged individuals should be provided.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.19 no.5
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• pp.29-44
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• 2024

Recently, with the retirement of baby boomers, middle-aged and older people's entrepreneurship has become an issue that is receiving attention as a second career. However, existing literature has mainly focused on the entrepreneurial intention or entrepreneurial performance of middle-aged and older people, and above all, there is insufficient understanding of the antecedent factors that make it difficult for middle-aged and older people to start a business. Therefore, this study aimed to explore the effect of middle-aged and older people's indecisiveness preparing for starting a business on their fear of failure in starting a business. In addition, it aimed to verify the effects of public self-awareness and negative external evaluation as antecedent factors that affect the fear of failure of prospective middle-aged and older entrepreneurs. For empirical analysis, a survey was conducted on 221 men and women aged 45 to 64 who were willing to start a business. The results of the empirical analysis showed that indecisiveness significantly affected public self-awareness, negative external evaluation, and fear of failure in starting a business. In addition, public self-awareness and negative external evaluation were confirmed to be related to the fear of failure in starting a business. All hypotheses were supported as a result of the hypothesis verification. The significance of this study lies in the fact that it reinterprets the negative aspects of middle-aged and older adults' indecisiveness and fear of failure in starting a business from a positive perspective, and based on the results of this study, it provides practical implications for resolving the indecisiveness and fear of failure in middle-aged and older adults preparing to start a business.

• Journal of Digital Convergence
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• v.22 no.1
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• pp.33-38
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• 2024

In recent years, as more and more middle-aged people who worked at companies are retiring, they are becoming interested in starting their own businesses, and the rate of middle-aged people starting businesses is increasing. The purpose of this study was to analyze the quality and satisfaction of educational services and trust in educational institutions in providing entrepreneurship education to prospective entrepreneurs over the age of 40 who want to start a business, and to analyze the impact of entrepreneurship education on entrepreneurship in the future. Afterwards, the goal is to establish an education strategy to improve the quality of entrepreneurship education. To achieve the purpose of the study, a hypothesis was established and an empirical analysis was conducted on educated prospective entrepreneurs and retirees over 40 years of age. As a result of the analysis, it was confirmed that confidence and reliability ultimately influence the factors that increase satisfaction with entrepreneurship education for middle-aged and older people. Satisfaction was found to play a meaningful role in trust. The research points out that entrepreneurship education institutions should provide education centered on the trainees rather than entrepreneurship education centered on support organizations. Moreover, due to the diversity of education, not only the content and method of education but also the education of employees working in supporting organizations is important.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.18 no.3
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• pp.45-60
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• 2023

In this study, we analyzed the influence of middle-aged office workers' entrepreneurial competency and entrepreneurial opportunity recognition on entrepreneurial intention by mediating entrepreneurial opportunity evaluation. Sub-variables of entrepreneurial competency were classified into prior knowledge, positive attitude, and social network. For the empirical analysis of this study, an online survey using Naver Office was conducted for about 15 days (February 6, 2023 - February 20, 2023) targeting office workers across the country who are interested in starting a business, and a total of 262 copies were collected and missing values. For 250 copies excluding 12 copies, SPSS Ver.24.0 and PROCESS MACRO Model 4.0 were used for empirical analysis. The results of the analysis are as follows: First, the higher the prior knowledge of the founder's individual competency, social network, and entrepreneurial opportunity recognition, the higher the entrepreneurial opportunity evaluation and entrepreneurial intention. On the other hand, it was found that the positive attitude among entrepreneurs' individual competencies did not affect entrepreneurship opportunity evaluation and entrepreneurial intention. In addition, the magnitude of the influence on entrepreneurial opportunity evaluation and entrepreneurial intention was in the order of entrepreneurial opportunity recognition, prior knowledge, and social network. This is because the positive attitude of middle-aged office workers towards start-up has a negative image of start-up due to the shrinking start-up environment due to COVID-19, fear of failure due to lack of preparation for start-up, and successive cases of start-up failure due to cognitive bias errors due to overconfidence. implying that there is Second, it was found that the evaluation of entrepreneurship opportunities had a significant positive (+) effect on entrepreneurial intention in a situation where the entrepreneur's individual competency and entrepreneurial opportunity recognition were controlled. Third, the startup opportunity evaluation was shown to mediate between the prior knowledge of the entrepreneur's individual competency, social network and entrepreneurial opportunity recognition, and entrepreneurial intention, but it did not mediate between positive attitude and entrepreneurial intention. Fourth, among the factors influencing entrepreneurial opportunity evaluation and entrepreneurial intention, entrepreneurial opportunity recognition was found to be larger than founder's individual competency, confirming the importance of entrepreneurial opportunity recognition. Fifth, it was found that prior knowledge and network, which are individual capabilities of the founder, affect the evaluation of entrepreneurial opportunities and entrepreneurial intention, so that strengthening entrepreneurship education to recognize the importance of cultivating prior entrepreneurial knowledge and experience can revitalize middle-aged office workers' entrepreneurship. confirmed.

• 한국벤처창업학회:학술대회논문집
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• 2024.04a
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• pp.119-123
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• 2024

우리나라 전체 자영업자에서 청년 자영업자의 비율은 감소하고, 중장년 자영업자의 비율이 증가하고 있다. 또한 청년층 자영업의 평균 지속기간은 37개월로 대략 3년의 자영업 유지기간을 보이고 있으나, 청년 자영업자 40% 정도는 2년 이내에 자영업에서 이탈하는 것으로 나타났다. 청년자영업자 사업의 짧은 지속 기간과 높은 이탈률에도 불구하고, 우리나라의 자영업 시장구조가 50~60대 중장년층을 중심으로 형성되어 있기 때문에 20~30대 청년층의 경우 분석 및 논의 대상에서 큰 비중을 차지하지 못하고 있다. 이에 본 연구에서는 청년 자영업자의 미래지향적이며, 창조적인 아이디어를 갖고 적극적으로 실행해보고자 하는 성향과 위험을 감수하는 기업가정신이 사업성과에 영향을 미칠 것이라는 상황에 주목하였으며, 이러한 상황에서 개인의 '자기효능감, 낙관주의, 복원력, 희망'과 같은 긍정심리자본이 매개한다고 가정하고 연구모형을 설정하였다. 이를 위해 기업가정신의 구성요소인 '혁신성, 진취성, 위험감수성'을 독립변수로, '균형성과관리(BSC)의 재무적 관점, 고객 관점, 내부 프로세스 관점, 학습과 성장 관점'을 도입한 사업성과를 종속변수로 설정하였다. 또한 선행연구를 기반으로 긍정심리자본을 매개변수로 채택하여 변수 간의 관계를 실증적 분석을 통하여 검증하고자 한다.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.19 no.5
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• pp.155-167
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• 2024

Entrepreneurship contributes to economic development through job creation and investment. Policymakers are interested in the function of entrepreneurship in reducing unemployment and are increasing policies to support youth entrepreneurship. Most academic research also focuses on youth entrepreneurs. However, in reality, the number of entrepreneurs is higher among middle-aged individuals. With the ageing population, middle-aged entrepreneurship is expected to increase even more, but there is a lack of understanding about middle-aged entrepreneurship. This study utilized quantitative data on entrepreneurship and analyzed the factors influencing entrepreneurial intentions using visualization and machine learning algorithms. The differences between young and middle-aged indivisuals with entrepreneurial intentions were found to be more important in psychological factors than demographic factors. Middle-aged individuals had entrepreneurial intentions despite having a negative or low perception of entrepreneurial attitude, self-efficacy, and recognition of entrepreneurship. In summary, middle-aged individuals had lower confidence in entrepreneurship compared to young people. This study suggests developing entrepreneurship policies that are inclusive of middle-aged individuals, setting policy goals to promote a positive view of middle-aged entrepreneurship, and providing entrepreneurship education, perceived social support, and abolishing age-based entrepreneurship support.

• 한국벤처창업학회:학술대회논문집
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• 2020.06a
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• pp.59-63
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• 2020

최근 세계경제의 중장기적 본 연구는 창업가의 유아기·청소년기를 거쳐 생애 전 과정에 영향을 미치는 부모, 동료, 지도자를 주요 타자로 선정하여 이러한 사람들과의 애착이 창업가의 회복탄력성에 어떠한 영향을 미치는지 실증적 분석을 통하여 알아보고자 하였다. 구체적으로 제시하자면 이 연구의 목적은 다음의 세 가지로 요약된다. 첫째, 우리나라 창업가들이 가지는 부모, 친구, 지도자와의 애착에 대해 파악한다. 둘째, 세 분류의 집단과의 애착이 각각 창업가의 회복탄력성에 어떠한 영향을 미치는지 확인한다. 셋째, 애착을 형성한 이들 세 집단 중 창업가의 심리적 요인에 가장 긍정정인 영향을 미치는지 파악하여 심리적 대인관계를 통한 창업가의 과정에 어떠한 영향을 미치는지에 대하여 실증분석을 실시하였다. 또한 이 과정에서 기업가적 회복탄력성이 미치는 조절 효과를 함께 고찰해보고자 한다. 이를 위해 창업을 한지 2년 이상이 된 창업자를 대상으로 설문조사를 실시하였다. 수집된 자료의 분석을 위해, SPSS 19.0 프로그램을 사용하여 변인들간의 상관분석과 t 검정을 실시하였으며, AMOS 18.0 프로그램을 사용하여 구조방정식 모형(Structural Equation Modeling; SEM)을 분석하였다. 본 연구는 창업가에 중요한 영향을 미치는 대상으로서 부모, 동료 및 지도자와의 애착 정도가 창업가의 회복탄력성에 미치는 영향력을 하나의 모형에서 동시에 살펴봄으로써, 회복탄력성을 높이기 위해서는 창업가의 부모와의 관계, 동료와의 관계 그리고 지도자와의 관계를 긍정적으로 형성하고 유지하는 것이 중요함을 확인하였다. 또한, 부애착이 창업가의 회복탄력성에 모해착과 동료애착에 비해 상대적으로 큰 영향을 미치는 것으로 발견된 본 연구 결과는 아버지 역할을 강조하는 최근의 경향을 반영하는 것으로, 창업가의 회복탄력성과 관련한 아버지의 역항의 중요성을 시사한다. 본 연구 결과는 창업가의 회복탄력성을 높이기 위한 다양한 중재적 노력에 기여할 수 있는 기초 정보를 제공할 수 있을 것이다. 또한, 창업가의 회복탄력성을 높이기 위한 아버지와의 애착 프로그램과 동료 및 지도자와의 관계 향상 프로그램의 기초자료로써 활용될 수 있을 것이다.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.11 no.6
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• pp.71-81
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• 2016

Sothe Korea that entered in to aging society in year 2000 according to the entrance in 2017 as in log-term the young work focrce decrease and skilled elder populatin decrease became important issue of national entrepreneurship & re-employment of middle-age' has become the topic of social problems. The purpose of this study was to examine the impact of a entrepreneurship & re-employment education to job-seeking anxiety, job-seeking stress and entrepreneurial intention in an effort to prove the effectiveness of entrepreneurship & re-employment education. The subjects in this study were 67 believer who were of G church in the city of K. A entrepreneurship & re-employment education was conducted in fourteen sessions, once a week. The major findings of the study were as follows: First, the experimental group who participated in the entrepreneurship & re-employment education felt less job-seeking anxiety. Second, the experimental group who participated in the entrepreneurship & re-employment education felt less job-seeking stress. Third, the experimental group who participated in the entrepreneurship & re-employment education showed improvement in entrepreneurial intention.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.19 no.5
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• pp.231-245
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• 2024

While the large-scale retirement of the second baby boomers is predicted, new beginnings such as re-employment and start-up of prospective retirees who attempt to switch careers before and after retirement based on the skills and expertise accumulated in the industrial field are very important in terms of society. Therefore, this study established a research model based on Shapero's start-up event model, a representative theory explaining start-up intention and behavior. In the direct variable affecting the start-up motivation of prospective retirees, factors affecting positive (+) and negative (-) factors In order to comprehensively grasp it, family support and the burden of failure were set as parameters to verify the effect of these factors on the intention to start a business. As a result, a positive (+) influence relationship was found on the effect of the retiree's start-up motivation on the burden of failure, the start-up motivation on the family support, the start-up motivation on the start-up intention, and the family support on the start-up intention. It was found that the start-up motivation had a positive (+) effect on the start-up intention through family support. In other words, for prospective retirees, who are mainly middle-aged, the threshold for start-up has been very low due to technological advances, but nevertheless, family support was found to be a very important factor in the conditions of investing retirement funds and capital, which are important in family relationships. However, it was confirmed that the burden of failure had a negative (-) effect on the start-up intention, and the loss of investment and fear of repayment of the loan appeared as a large burden. Accordingly, it is proposed that prospective retirees who are considering starting a business be able to thoroughly prepare for a start-up through the support of their families, and to operate a specialized outplacement start-up education program that can learn about raising funds and efficient management of funds. It is expected to systematically support retirees' preparation for start-ups, reduce the burden of failure, and ultimately increase the likelihood of a successful start-up.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.19 no.5
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• pp.261-275
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• 2024

In response to increasing economic uncertainty and the challenges posed by low birth rates and an aging population, the rapid growth of startups has become a crucial strategy for fostering economic development. In 2023, the Korean government introduced the "Startup Korea" initiative, aiming to attract top talent and capital into the domestic startup ecosystem and shift away from traditional government subsidies toward encouraging private capital investment. However, current national startup policies are limited by their concentration on the capital region and specific industries, raising concerns about the need for more regionally-tailored and sustainable policy approaches. This study seeks to analyze both national and regional entrepreneurial ecosystems, with a specific focus on Seoul, to propose long-term strategies for developing a sustainable and globally competitive entrepreneurial environment. Utilizing the Evidence-Informed Policy Making (EIP) framework, the study first conducted a literature review to analyze national startup policies, Seoul's policies, and the Startup Genome global ecosystem report. Following this, expert interviews and Delphi surveys were conducted with key stakeholders to gather comprehensive evidence. The data was then analyzed to identify key policy areas aligned with the entrepreneurial ecosystem's core components. Finally, policy recommendations were tailored to align with Seoul's unique vision and characteristics, offering sustainable growth strategies for the regional startup ecosystem.