• Title/Summary/Keyword: Entrepreneurial spirit

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A Study on the Change in Start-up Competence of College Students Participating in Technology Start-up Education Camp (기술창업교육캠프 참가 대학생의 창업역량 변화에 관한 연구)

  • Jeon, Ju Hyun;Lim, Kyoung Su
    • Journal of Engineering Education Research
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    • v.20 no.4
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    • pp.67-72
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    • 2017
  • It was only 2010 when start-up education spread to undergraduate education in South Korea. Start-up education was conducted so late that there are insufficient studies of evaluation and feedback on the effectiveness of start-up education. Education is a complex concept of teaching people in a desirable direction and developing their inherent abilities. Based on this, start-up education can be defined as cultivating students' entrepreneurial spirit internally and making them exhibit start-up competence externally by teaching them the knowledge, skills and attitudes necessary for business start-up and developing abilities such as creativity, challenge spirit and problem-solving skills. This study conducted pre and post survey to check if the education camp for the technology start-up, which is a practice-oriented start-up education, has an effect on the change of the participating students' perceptions about the business start-up. This study would analyze various factors of college students' business start-up through a factorial analysis so that the quantitative accumulation of start-up education can lead to a qualitative change and propose measures for the management of the quality of the education.

Impact of Entrepreneurial Morality on Financial Performance and Social Performance through Entrepreneurship and Social Responsibility (기업가의 도덕성이 기업가정신 및 사회적 책임을 통한 재무적 성과와 사회적 성과에 미치는 영향)

  • Kim, Yeon Jong;Park, Sang Hyeok;Oh, Seung Hee
    • The Journal of Information Systems
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    • v.29 no.1
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    • pp.137-158
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    • 2020
  • Purpose This study aims to analyze how entrepreneurs' morality affects entrepreneurship and social responsibility. The purpose of this study is to analyze the differences of entrepreneurship and social responsibility on corporate financial performance and social performance by measuring entrepreneurial morality index. Design/methodology/approach The research model is based on the existing literature related to morality, entrepreneurship, social responsibility, and corporate performance. In order to verify the research model, empirical analysis was conducted. The collected data were analyzed by Smart-pls 2.0 based on the structural equation model based measurement model verification and the structural model verification two - step approach. Using the bootstrapping method of PLS, 500 samples were constructed and hypothesis verification was performed. Findings The results of this study are as follows. In the case of general manufacturing companies, business people are more focused on improving corporate performance than morality, and have a somewhat consistent effect with entrepreneurial spirit that does not have a space of morality. When entrepreneurship is strengthened, financial performance and social performance. Business entrepreneurs in social enterprises are more aware of social responsibility than entrepreneurship, so they achieve both financial performance and social performance at the same time. As a result of this study, it was found that there is a difference in perception depending on the morality of the business people, entrepreneurship, social bookkeeping, and management performance according to the type of company.

Factors Affecting Intention of Youth Entrepreneurship : A Comparative Study of Mentored vs. Non-Mentored Groups (청년 창업의도에 영향을 미치는 요인에 관한 연구 : 창업 멘토링 유무의 차이를 중심으로)

  • Lee, Joon-byeong;Lee, Sang-jik
    • Journal of Venture Innovation
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    • v.7 no.1
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    • pp.201-223
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    • 2024
  • This study undertook an empirical analysis to examine the impact of various factors on entrepreneurial intention among young people, with a particular focus on the role of startup mentoring. Employing a survey distributed nationwide, data from 250 valid respondents were subjected to structural equation modeling to investigate these dynamics. The analysis uncovered that workplace stress, subjective norms, and perceived behavioral control positively influence the entrepreneurial intentions of youth. Meanwhile, technological constraints negatively affected these intentions. The study did not explore the potential effects of future uncertainty and the burden of failure. Significantly, it was found that startup mentoring plays a crucial role in mitigating the negative impacts that may deter young individuals from pursuing entrepreneurship. Mentoring was instrumental in reducing negative influences, thereby fostering a more conducive environment for entrepreneurial ambition. By integrating the Push-Pull-Mooring (PPM) and Theory of Planned Behavior (TPB) models, this research not only validates these frameworks within the context of youth entrepreneurship but also underscores the essential function of startup mentoring in enhancing entrepreneurial intentions. The insights from this study highlight the importance of mentoring programs in nurturing the entrepreneurial spirit among the youth, suggesting that targeted mentoring support can play a pivotal role in overcoming barriers to entrepreneurship.

South Korea's phenomenal growth and development through Entrepreneurship: A cue for Sub-Saharan Africa (SSA)

  • Charmant, Sengabira Ndereyimana;Mahuni, Kenneth
    • Asia Pacific Journal of Business Review
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    • v.2 no.1
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    • pp.1-20
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    • 2017
  • The model of success in South Korea from a pariah state coming from the ruins of the Korean War into a member of the Organization for Economic Cooperation and Development (OECD) with a trillion dollar economy is encouraging. The Korean economic experience in terms of entrepreneurship and poverty reduction is an intriguing jig saw puzzle to researchers. This paper looks at Korean entrepreneurship history from the 1960s and how it shaped the contemporary sustainable economic development success of the Korean economy. Using a qualitative approach, the study used the Korean case study in comparison with Sub Saharan Africa to explore five powerful lessons on how the region can replicate the Korean entrepreneurship experience. The study shows that entrepreneurship was key to the radical transformation of its economy and government was instrumental in latent nurturing of Korean entrepreneurial spirit.

The Promotion of Startups in Tainan Technopolis

  • Kung, Shiann-Far;Yen, Yung-Chih
    • World Technopolis Review
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    • v.7 no.1
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    • pp.59-70
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    • 2018
  • Taiwan's economy has been characterized by the strong existence and continuous creation of small and medium-sized enterprises. This phenomenon is commonly regarded to be the result of a culturally embedded strong entrepreneurial spirit. In the process of developing a high-technology industry in southern Taiwan, linking a newly established science park with existing local industries was one of the major challenges. This article reviewed the development history of Tainan Technopolis. Following a concise review of Southern Taiwan Science Park's struggle against becoming an assembly of spillover establishments from Hsinchu Science Park, the authors focused on the efforts of incubating startups. Although only an initial study, the authors demonstrated the roles of National Cheng Kung University and Southern Taiwan Science Park Administration in introducing a two-track incubation system based on collaboration between the two institutions and startups.

Impact of Entrepreneurial Business Start-up Motivation, Entrepreneurial Spirit, and Entrepreneurial Competence Characteristics on Start-up Companies' Sustainability: Focusing on the Mediating Effect of the Start-up Companies' Business Performance (창업자의 창업동기, 창업가정신 그리고 창업가 역량특성이 창업기업 지속가능성에 미치는 영향: 창업기업 경영성과를 매개로 하여)

  • Hyuk, Kang Han;Park, Woojin;Yun, Bae byung
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.14 no.3
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    • pp.59-71
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    • 2019
  • The domestic unemployment rate is now seriously increasing due to the impact of the international trend of incurring high costs using only a small number of manpower in a situation where the business has been being reduced in size. The nation is taking start-up promotion policies as a way to overcome the problem, but with the advent of excessive entrepreneurs and their concentration on specific areas, their survival is in an unclear situation. Thus, this study was intended to provide a useful direction for successful start-ups by identifying the impact of entrepreneurial motivation and entrepreneurship, internal characteristics of entrepreneurs, and of competency characteristics, external characteristics of them, on sustainability through business performance. Thus, the purpose of this study was to provide a useful direction for successful start-ups by identifying the impact of entrepreneurial motivation and entrepreneurship, internal characteristics of entrepreneurs, competency, and external characteristics, on sustainability through business performance. The result of verifying the hypothesis has showed that entrepreneurial motivation, entrepreneurship, and competency characteristics had a positive effect on business performance, and on the other hand, the business performance had a positive effect on sustainability. In addition, in terms of the impact of entrepreneurial motivation, entrepreneurship, and competency characteristics on sustainability, all of them had mediating effects on business performance. It is obvious that studies on the factors affecting business performance and corporate sustainability up to now have been carried out by only collecting the independent variables of this study individually or two of them. so it is judged that if the study, which has verified the practical direction in general through the verification of entrepreneurs's internal and external characteristics from various angles, is performed more comprehensively along with the addition of background characteristics of entrepreneurs, such as characteristics of start-up preparation, etc., in the future, more in-depth results will be able to be obtained.

The Effect of Entrepreneurship on Non-financial Performance: Focused on the Mediating Effect of Self-Efficacy (창업자의 기업가정신이 비재무적 성과에 미치는 영향: 자기효능감의 매개효과를 중심으로)

  • Jo, Myeong-Gi;Oh, Yun-Jeong
    • Journal of Digital Convergence
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    • v.19 no.12
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    • pp.151-156
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    • 2021
  • This study is aim to verify the mediating effect of entrepreneurial spirit on non-financial performance and self-efficacy. In this study, data were collected through a survey to investigate the relationship between variables, and empirical analysis of the research hypothesis was conducted using multiple regression analysis. The results of the study are as follows. First, entrepreneurship has a positive effect on self-efficacy; second, it suggests that the stronger entrepreneurship, the better self-efficacy. In addition, self-efficacy can produce positive results in various aspects, especially through this study, self-efficacy has resulted in improvement of non-financial performance.The results of this study have a positive effect on the various convergence of start-ups and the establishment of a stable start-up culture in the era of the Fourth Industrial Revolution.

The Globalization Strategy and Performance of an Italian Franchise Optics Corporation: A Study of Luxottica

  • Na, Hwa-Sook;Lee, Sang-Youn;Kam, Woo-Kyoon
    • Journal of Distribution Science
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    • v.13 no.5
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    • pp.33-44
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    • 2015
  • Purpose - This study examined the Italian eyeglass industry and the status of the franchise market. Luxottica's global growth strategy was analyzed to provide insight into the strategy and development of the Italian eyeglass industry and its franchise business. Research design, data, methodology - Luxottica's annual report, public media material, and website were examined, in addition to data from professional institutions. For the domestic eyeglass industry and franchise business, data from professional organizations, franchise information disclosure documents of the Fair Trading Commission, media materials, and related papers were investigated. Results - The success factor turned out to be securing a global wholesaler with retailers in overseas markets. This successful strategy was based on the strong entrepreneurial spirit of the founder, innovative craftsmanship, and an excellent corporate culture including corporate social responsibility (CSR). Conclusions - Considering the current environment, for Luxottica to be a leading global company, it had to review and adopt a successful vertical integration strategy, from R&D to distribution, M&A of overseas wholesalers and retailers, creative design and technical development, and sustainable cultural development

The Development of an Internet Venture and Competitive priority revenue model (닷컴 벤처의 발전과 경쟁우위 수익모델)

  • 김종권
    • Proceedings of the Safety Management and Science Conference
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    • 2002.11a
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    • pp.295-304
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    • 2002
  • This case describes key development challenges and patterns as experienced by Internet Auction Company, Ltd. from the startup stage through IPO to the sale to eBay. Currently an eBay company, Internet Auction Co. continues to pursue new auction systems and substitute distribution systems for the future with a renewed entrepreneurial spirit. In 1997, Mr Hyuk Oh saw a business opportunity in the Internet allowing two-way communications. At that time, the success stories of eBay and Onsale in the United States were good stimuli to his startup of an auction site. He opened the Website in April 1, 1998 after four months of development efforts. Auction has merit more than other shopping malls. First, it brings about interesting and benefit. Second, it has interactive trade system. Third, customers will trade for reasonable price through direct own will of them. Fourth, Auction's model brings about multitude sale through aggressive sales. Even if Network Marketing has socially negative effect in case of inappropriate use, it is good mood for further business. In case E-Commerce use as useful purpose, it will have competitive priority revenue model.

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A Comparative Study on Entrepreneurship of the 6th Industry in Korea and Nepal (한국과 네팔의 6차 산업 기업가정신 비교연구)

  • Kim, Yeonjong;Park, Sanghyeok;Lee, Kyoungyeon
    • Journal of Korea Society of Digital Industry and Information Management
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    • v.17 no.3
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    • pp.85-103
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    • 2021
  • Entrepreneurship is recognized as an essential education in start-up education. However, domestic studies on entrepreneurship in developing countries are extremely rare. The purpose of this study is to compare the importance of entrepreneurship and the perception of implementation of Korean and Nepalese farmers, and to seek a start-up education strategy based on the results. As a result of the study, first, there was no difference in the importance of entrepreneurship in the 6th industry between two countries, but the degree of entrepreneurial spirit performance was high in Nepalese farmers. Second, in terms of the difference between the importance and execution of the 6th industry entrepreneurship, Korea had lower performance than importance in all factors, and Nepal had higher importance than implementation in innovation, initiative, cooperation, and networking capability. Third, in the difference between the importance and the degree of implementation in each country, the level of implementation was uniformly lower than that of importance in Korea, but the height of the Nepalese farmers was not uniform. The results of this study, which studied entrepreneurship in Korea and Nepal, contribute greatly in terms of promoting the national economy by creating new added values.