• Title/Summary/Keyword: Opportunity Competencies

Search Result 38, Processing Time 0.019 seconds

A Study on the Effects of Young Entrepreneur Competency on Startup Performance: Focusing on the Mediating Effect of Network Activities (청년창업가의 역량이 창업성과에 미치는 영향 요인에 관한 연구: 네트워크활동의 매개효과 중심으로)

  • Hyun Chae Song;Chul-Moo Heo
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
    • /
    • v.19 no.2
    • /
    • pp.141-157
    • /
    • 2024
  • This study analyzes the effect of enterepreneurial competencies on start-up performance through network activities for young entrepreneurs. Enterepreneurial competencies are composed of opportunity recognition competencies, marketing competencies, technical competencies, and creative competencies. A total of 354 questionnaires collected from young entrepreneurs residing in the country were used for empirical analysis. SPSS v28.0 and PROCESS macro v4.3 were analyzed based on the research model of a single-parameter single-mediated model. As a result of the analysis, first, it was found that among the enterepreneurial competencies, opportunity recognition competencies, marketing competencies, technical competencies, and creative competencies have a positive (+) significant effect on network activities. Among them, it was found that marketing competence has the greatest effect on network activities and technical competence has the least effect. Second, network activities were found to have a significant effect on start-up performance in a positive (+) direction. Third, among enterepreneurial competencies, opportunity recognition competence, marketing competence, technical competence, and creative competence were found to have a positive (+) effect on start-up performance. Among them, it was found that creative competence had the greatest effect and technical competence had the smallest effect. Fourth, network activities were found to mediate between enterepreneurial competencies and start-up performance. As for the relative effect size of the indirect effects of independent variables, it was found that marketing competence had the greatest effect on start-up performance and technology competence had the smallest effect. The academic implications of this study include investigating the significance and relationship of various variables, providing verification of theoretical frameworks related to entrepreneurship, identifying the main drivers of start-up success, and suggesting the importance of the network between enterepreneurial competencies and start-up performance. In addition, the practical implications of this study suggest the importance of marketing competencies for networking, and suggest differentiation of competencies. It emphasizes the strategic role of creative competence and provides guidance to policymakers for supporting start-ups on customized policies for fostering valuable start-ups.

  • PDF

Entrepreneurs' Competencies and Business Performance: A Meta-Analysis (창업가의 역량이 기업성과에 미치는 영향에 대한 메타분석)

  • Lee, Hye Young;Kim, Jin Soo
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
    • /
    • v.14 no.5
    • /
    • pp.13-24
    • /
    • 2019
  • The purpose of this study is to provide a theoretical basis for future studies by systematically integrating existing empirical studies that examine the relationship between the entrepreneurs' competencies and business performance. As the results of empirical studies examining the relationship between the entrepreneurs' competencies and business performance are mixed, this study tries to derive different results from individual studies through meta-analysis into standardized statistics(effect sizes). To accomplish the purpose, this study developed hypotheses about the positive effects of the entrepreneurial competencies including opportunity recognition competency, managerial competency, technical-functional competency, strategic competency, and relationship competencies on the business performance through theoretical reviews of the literature. Also, this study conducted meta-analysis with 15 sample data using open source based statistical program 'R'. The results of this study are as follows. The opportunity recognition competency, managerial competency, technical-functional competency, strategic competency, and relationship competency were found to significantly affect financial business performance. Also, each of the factors had a moderate effect size on the performance. Among these competencies, the most effective factor was the strategic competency, followed by the opportunity recognition competency, technical-functional competency, and relationship competency. There is still no study using meta-analysis on the relationship between the entrepreneurs' competencies and business performance in South Korea. Therefore, the results of this study are expected to provide implications for developing the theoretical basis of future studies.

A Study on the Vocational Competencies of Rural Youths (농촌청소년의 직업능력분석)

  • Lee, Chae-Shik;Park, Eun-Shik
    • Journal of Agricultural Extension & Community Development
    • /
    • v.13 no.2
    • /
    • pp.251-263
    • /
    • 2006
  • The purpose of this study was to analyze vocational competencies of rural youths. The study was carried out by focus group interview and questionnaire. The data were collected from 200 rural youths by stratified random sampling. The SPSSWIN / ver13 was used for analyzing data with t-test, ANOVA, and factor analysis. The major findings of this study were as follows; Firstly, rural youths showed higher competencies in handling and fixing machines, selecting seeds, where as rural youths showed lower competencies in goal setting, envisioning, acquiring agricultural policy information, management evaluation. Secondly, rural youths predicted optimistic future of their own farming even though the future of national farming should get smaller. Lastly, rural youths who are higher education, extending farming size, establishing farm had higher vocational competencies than other youths. Conclusionally, the study suggests adult-farmers give rural youths an opportunity to participate in decision making and farming.

  • PDF

Analysis on the relationship between core competencies and mathematical competencies and the tasks for mathematical competencies : A case of high school 'Mathematics' textbooks according to 2015 revised mathematics curriculum (핵심 역량과 수학 교과 역량의 관련성 및 교과서에 제시된 역량 과제 분석 : 2015 개정 교육과정 고등학교 '수학'을 중심으로)

  • Yoon, Sangjoon;Lee, Ahran;Kwon, Oh Nam
    • The Mathematical Education
    • /
    • v.58 no.1
    • /
    • pp.55-77
    • /
    • 2019
  • Textbooks play a very important role as a medium for implementing curriculum in the school. This study aims to analyze tasks for mathematical competencies in the high school 'mathematics' textbooks based on the 2015 revised mathematics curriculum emphasizing competencies. And our study is based on the following two research question. 1. What is the relationship between core competencies and mathematical competencies? 2. What is the distribution of competencies of tasks for mathematical competencies presented in the textbooks? 3. How does the tasks for mathematical competencies reflect the meaning of the mathematical competencies? For this study, the tasks, marked mathematical competencies, were analyzed by elements of each mathematical competencies based on those concept proposed by basic research for the development of the latest mathematics curriculum. The implications of the study are as follows. First, it is necessary to make efforts to strengthen the connection with core competencies while making the most of characteristics of subject(mathematics). Second, it needs to refine the textbook authorization standards, and it should be utilized as an opportunity to improve the textbook. Third, in order to realize competencies-centered education in the school, there should be development of teaching and learning materials that can be used directly.

QSEN Competencies in Pre-licensure Nursing Education and the Application to Cinenurducation (간호학생의 질 향상과 안전교육(QSEN) 역량개발을 위한 영화간호교육의 적용)

  • Oh, Jina;Shin, Hyewon;De Gagne, Jennie C.
    • The Journal of Korean Academic Society of Nursing Education
    • /
    • v.18 no.3
    • /
    • pp.474-485
    • /
    • 2012
  • Purpose: The Quality and Safety Education for Nurses [QSEN] initiative group has identified six competencies (patient-centered care, teamwork and collaboration, evidence-based practice, quality improvement, safety, and informatics) for pre-licensure nursing education along with related knowledge, skills, and attitudes for each competency. The purpose of this article is to illustrate a teaching strategy that uses films to demonstrate the QSEN competencies in undergraduate nursing students. Method: A literature review was conducted to define QSEN competencies, and six feature-length commercial movies were selected through a systematic process. We provided film titles and their synopses that can be useful in teaching the QSEN six competencies to undergraduate nursing students. Results: Patch Adams for patient-centered care, Wit for teamwork and collaboration, Lorenzo's Oil for evidence-based practice, Am$\acute{e}$lie for quality improvement, Blindness and The Island for informatics can be applied in nursing classroom practices. Conclusion: Establishing the connection between QSEN competencies and cinenurducation is novel, yet it would provide a unique opportunity for nurse educators seeking to overcome the challenge of better preparing future nurses. In future studies, additional films should be considered to enhance nursing educational strategies.

Perceived Usefulness of Business Coaching on the Relationship between Entrepreneurial Competencies and Business Success

  • IDRIS, Mohd Mahfudz bin;ABU BAKAR, Saridan bin
    • The Journal of Asian Finance, Economics and Business
    • /
    • v.7 no.10
    • /
    • pp.329-338
    • /
    • 2020
  • The present study aims to investigate the perceived usefulness of business coaching as a moderator between the association of entrepreneurial competencies and business success of women micro-entrepreneurs. This study employs a stratified random sampling technique to collect data from women micro-entrepreneurs who attended business coaching sessions. In total, 261 questionnaires were distributed and collected. This study has divided the moderator (i.e., perceived usefulness of business coaching) into two groups, namely, group 1 (with a low mean) and group 2 (with a high mean) for moderation analysis. By using a comparative analysis of the path coefficient for groups 1 and 2, the path is moderated by the perceived usefulness of business coaching if the beta value for group 1 is significant, and the beta value for group 2 is non-significant. The results show that eight out of a total of sixteen hypotheses were supported, while the remaining hypotheses were rejected. The findings of the study suggest that the domains of entrepreneurial competencies for women micro-entrepreneurs, including strategic, commitment, conceptual, opportunity, and relationship competencies, together with the perceived usefulness of business coaching, are vital for the business success and should remain the principal focus of future research in women entrepreneurship.

The Effect of Entrepreneurial Competencies on Firm Performance of Necessity Entrepreneurship in Korea (생계형 창업의 창업가 역량이 기업성과에 미치는 영향)

  • Chang Bong Kim;Joon Soo Kim
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
    • /
    • v.19 no.3
    • /
    • pp.13-26
    • /
    • 2024
  • This study investigates how entrepreneurial competencies affect firm outcomes for necessity entrepreneurship in Korea. Based on a survey collected from 162 necessity entrepreneurs, this study conducted multiple regression analysis. The statistical results show that founder entrepreneurial competencies, such as risk-taking, tend to be associated with positive outcomes financially as well as non-financially, which suggests that the existing propositions of previous research on the relationship between risk-taking and firm performance can be applied to necessity entrepreneurship as well. Additionally, founder opportunity competencies and resilience increase the likelihood of better financial performance in necessity entrepreneurship compared to others, whereas their effect on non-financial performance is not statistically significant. This indicates that necessity entrepreneurs are likely to focus more on financial performance to survive than on non-financial performance, particularly concerning variables related to sustainability such as the environment and society. The findings of this study contribute to knowledge concerning the role of necessity entrepreneurs' competencies in the performance of their companies.

  • PDF

Longevity Determinants of Embroidery Enterprises in Taal, Batangas, Philippines

  • Padua, Divine Krizza B.;Cabardo, Jewel Joanna S.;Madamba, Jeanette Angeline B.;Williams, Jimmy B.
    • Asia-Pacific Journal of Business
    • /
    • v.7 no.1
    • /
    • pp.11-30
    • /
    • 2016
  • The study specifically aimed to identify factors affecting business longevity. It focused on knowing how embroidery enterprises managed to persist in the industry for many years despite the competitive business environment. After discovering the significant relationships of such factors to longevity, problems experienced by the enterprise cluster were ascertained in order to come up with recommendations that can be proposed to the enterprise owners. Embroidery entrepreneurs have been experiencing a continuous decline in sales due to lack of innovation and intense competition. In the evaluation of their personal entrepreneurial competencies, they scored low on risk-taking, persuasion and networking, and opportunity seeking; thus, implying that these are their weaknesses. On the other hand, the statistical results of this study say that longevity is a function of the entrepreneur's competencies (i.e., persistence, commitment to work contract, demand for quality and efficiency, information seeking, and systematic planning or monitoring), the generation currently managing the business, competition, and the customer's preferences. These results suggest that these independent variables are significant and are deemed critical to business longevity. Thus, entrepreneurs have to find ways on how to use these competencies as an advantage in reinventing their businesses and in reviving their industry.

  • PDF

A Study on the Effects of Core Competencies of the University-Industry Cooperation on Technology Transfer & Education Performances (산학협력단 핵심역량이 기술이전과 교육성과에 미치는 영향에 관한 연구)

  • Kwon, Hyukje;Yoon, Jaehong
    • Journal of Technology Innovation
    • /
    • v.23 no.2
    • /
    • pp.55-80
    • /
    • 2015
  • This Study's topic is to study on the effects of core competencies as such as leadership, strategic competences' influence towards the university-industry cooperation on technology transfer and education performances. First, the existing studies and literatures have been reviewed. Second, the nationwide surveys were conducted. In results, the leadership competence did not have any impact on the operation performances. Strategic competence did not have any impact on the technology transfer, but it influenced the education performance. Human resource competence also did not have any influence on the managing performances, but it has been analyzed that the R&D competence had an influence over the technology transfer part of the managing performance. The University-Industry Cooperations create an opportunity and secures competencies for the enterprise, it also enhances the R&D competency of University and provides supports in nurturing the human resources. Especially, the strategic competency amongst the independent variables has influenced the education performance.

Opportunity Capturing Strategy of Venture Company in the Context of Dominant Design Competition: focused on compare with hardware and software industry (지배적 디자인 경쟁 환경에서 벤처기업의 업종별 기회포착 전략에 관한 연구: 하드웨어와 소프트웨어 산업 비교를 중심으로)

  • Moon, Ji-Yong;Ko, Young-Hee
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
    • /
    • v.10 no.2
    • /
    • pp.27-42
    • /
    • 2015
  • The aim of this research is to investigate the difference in the capturing opportunities for each type of venture companies in the industry undergoing competition of a dominant design and then figure out the reason why they can be successful. Existing studies on venture companies are focused on the way to enhance a firm's competencies by acquiring and combining its resources. However, it is important for startups which have a lack of resources and capabilities to capture the opportunity to survive by understanding a changing environment. This study is focused on opportunity capture and strategic response to a changing environment and attempts to select and observe startup companies which are able to capture the opportunity and enter the market in the industry undergoing dominant design competition. In order to find out its difference in different types of business, we select one case from hardware startups and the other from software startups. According to the result of this study, the hardware startup focuses on market extension by lowering their prices and the software startup strives to induce more users to participate by the universalization of enabling technology so as to extend and standardize their technology in the environment undergoing dominant design competition. This feature of environment leads the difference in the approach for successfully capturing opportunity and thus hardware firms need to recognize the opportunity with profit potential from relationship with a number of cooperative firms while software firms need to identify the opportunity for extension of enabling technology which can be used by many users.

  • PDF