• Title/Summary/Keyword: Startup Analysis

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A Study on Investment Decision Factors of Accelerator (액셀러레이터 투자자와 창업자의 스타트업 투자결정요인 중요도 평가에 관한 연구)

  • Byun, Jung Wook;Kim, Yun Bae;Lee, Byoung Chul
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.17 no.4
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    • pp.45-55
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    • 2022
  • Accelerator is a private investment institution that provides startups with comprehensive solutions to solve various difficulties such as startup facilities, funds, commercialization, securing a market etc. In addition to the role of an investor as a new startup support model, accelerators have contributed much to improvement of business ability of startups through intensive mentoring. Considering that previous studies gave weight to the determinants of investment from the perspective of investors, this study made a comparative analysis on the relative importance of determinants of investment in startups among accelerators, investors and entrepreneurs through the method of AHP. Results show that accelerators and investors regard "managerial characteristics" of startups as of the highest importance, whereas entrepreneurs think that "market characteristics" of startups are the most important. The result stems from an empirical judgment from the perspective of investors that success of startups depends on the ability of entrepreneur, and it is considered that investors evaluated marketability of startups as the most important factor in consideration of investment payback period. The result is similar to the result of previous studies on the determinants of investment determinants of angel investors and venture capitals. This paper is expected to make a contribution to the advancement of investment decision-making model for accelerators to discover startups with high possibility to grow and achieve more in incubation and investment.

The Effect of Team Characteristics of Technology-based Startup Programs on Patent Performance: Focusing on Team Diversity (기술기반 창업 프로그램의 팀 특성이 특허 성과에 미치는 효과 분석: 팀 다양성을 중심으로)

  • Lee, Jai Ho;Sohn, Youngwoo;Han, Jung Wha;Lee, Sang-Myung
    • Knowledge Management Research
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    • v.25 no.1
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    • pp.21-41
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    • 2024
  • The global Industry has been shaped by start-ups that originated with knowledge-based innovative strategies or technologies in the 21st century. Specifically, laboratory start-ups that rely on research papers or patents for new technology development are recognized for their high survival rate and the creation of employment opportunities. Our study concentrated on 'I-Corps', which also introduced in Korea, standing for innovation corps is a laboratory startup program launched in 2011 by the NSF(National Research Foundation) to commercialize R&D results and foster entrepreneurship as part of the policy to build a start-up system at the national innovation level. In this study, we proposed and empirically tested a research model focusing on teams participating in the I-Corps program to determine how startup team diversity, among the team characteristics of laboratory startups, affected patent performance. As a result of the analysis, among the proposed variables, age diversity, educational background diversity, and value diversity had a significant impact on patent performance. The results of this study are expected to further strengthen the theoretical and practical foundations of researchers or practitioners of the I-Corps program, as well as related areas involving technology & laboratory startups, intellectual property and knowledge management fields in the future.

Introduction to Systems Analysis Technique for a Liquid Rocket Engine (액체로켓엔진 시스템 해석 기술 소개)

  • Cho, Won Kook;Park, Soon Young;Kim, Chul Woong
    • Aerospace Engineering and Technology
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    • v.13 no.1
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    • pp.70-75
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    • 2014
  • Programs of energy balance, mode analysis and transient analysis for a liquid rocket engine have been introduced. The analysis methods have been verified through comparison between the present results, and the results of the other program and experimental data. An energy balance analysis is used for engine system design at the early development phase. A mode analysis is used for decision of engine operation conditions and test conditions, and studying deviation of an engine performance. A transient analysis can predict a propellant flow rate, thrust, impulse at transient phase. It is essential to establish a startup/shut down sequence. The analysis programs will be used to develop the engines of KSLV-II.

An Experimental Investigation on the Dynamic Behavior of an Air Lubricated Tilting Pad Journal Bearing (공기윤활 틸팅패드 저어널 베어링의 동적거동에 관한 실험적 연구)

  • Hwang, Pyung;Kwon, Sung-In
    • Proceedings of the Korean Society of Tribologists and Lubrication Engineers Conference
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    • 1999.06a
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    • pp.325-330
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    • 1999
  • The dynamic behavior analysis of air-lubricated tilting pad journal bearing which considers start-up, running and shutdown Process were performed. By carrying out the experiment of shaft vibration, measurement of the vibration amplitudes supported by air lubricated tilting pad bearing and analysis of the result, we found more accurate dynamic behavior of the system. There were many investigations in these bearings, but dynamic behavior of startup, shutdown and running process were lacked. By using the experimental data we found the accurate dynamic behavior of the system.

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Empirical Analysis of Early-stage International Startups Business Performance Antecedent: Focus on Firm Capability

  • Kim, Boine
    • Journal of Information Technology Applications and Management
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    • v.29 no.1
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    • pp.83-95
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    • 2022
  • Given the importance of SMEs in the Korean economy, research of the performance of SMEs is more necessary than ever. Therefore, this study aims to empirically analyze the factors influencing management performance for early-stage international startups in Korea. To do that, this study empirically analyzes the nine firm capabilities' (global mind, export infra, manpower internationality, funding, communicating, marketing, cooperating, competitiveness and reflecting) influence on the two business performances (fulfillment satisfaction and export). This study used SPSS of frequency, factor, reliability, correlation, and stepwise regression analysis with the GCL test data approved by the DSZ of Kdata. As results show, competitiveness, cooperating, and reflating capability positively influence fulfillment satisfaction. And manpower internationality and cooperating capability positively affect export. Based on this study result, implications for management and academic contribution and future study are suggested.

A New Analysis Method for Packed Malicious Codes (코드은닉을 이용한 역공학 방지 악성코드 분석방법 연구)

  • Lee, Kyung-Roul;Yim, Kang-Bin
    • Journal of Advanced Navigation Technology
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    • v.16 no.3
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    • pp.488-494
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    • 2012
  • This paper classifies the self-defense techniques used by the malicious software based on their approaches, introduces the packing technique as one of the code protection methods and proposes a way to quickly analyze the packed malicious codes. Packing technique hides a malicious code and restore it at runtime. To analyze a packed code, it is initially required to find the entry point after restoration. To find the entry point, it has been used reversing the packing routine in which a jump instruction branches to the entry point. However, the reversing takes too much time because the packing routine is usually obfuscated. Instead of reversing the routine, this paper proposes an idea to search some features of the startup code in the standard library used to generate the malicious code. Through an implementation and a consequent empirical study, it is proved that the proposed approach is able to analyze malicious codes faster.

A study on the Perception of College students studying Early Childhood Education about Entrepreneurship Education (창업교육에 대한 유아교육과 학생들의 인식 연구)

  • Park, Ji-Eun;Ko, Yeong-geon;Cho, Jungwon;Park, Jung-Hwan
    • Journal of Convergence for Information Technology
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    • v.10 no.10
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    • pp.53-64
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    • 2020
  • For students studying early childhood education that leads the future, entrepreneurship education should be applicable to the educational field and targeting students studying early childhood education, a basic investigation on the recognition and demand for the necessity of entrepreneurship education should be preceded. Research that develop various entrepreneurial education programs is needed for early childhood education and students. Collected theoretical data through consideration of previous studies. and recognizing the necessity of entrepreneurship training, I produced an online survey for needs investigation of students studying early childhood education. I analyzed the data with 239 questionnaires collected. Research results, first, it is necessary to recognize the necessity of entrepreneurship education related to various career education in consideration of the career after graduation and a few years since they graduated. Second, it is necessary for a program that effectively and systematically develops various educational areas and contents in a mixed form of online and offline. Third, it is necessary to support customized programs in government agencies through the analysis of learner needs.

Direction of Designer-makers Business Activation through Strategic Design Support Policy-Focusing on 'Young man's Creative Work & Startup Support Project' (전략적 디자인 지원정책을 통한 디자이너-메이커스 비즈니스 활성화 방향 -청년 창의인력 취·창업지원사업을 중심으로-)

  • Park, Jun-Hong;Jeon, Young-Ok
    • Journal of Digital Convergence
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    • v.17 no.4
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    • pp.291-298
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    • 2019
  • This study discusses the core contents and implications of the design support policy of government in the creation of the designer-makers' business ecosystem through the analysis of 'Young man's Creative Work & Startup Support Project'. This case, which aims to cultivate a design brand based on maker technology and to create jobs for young people, suggests the role of government as a creative culture creator so that designer-makers are able to create creative activities in a more free and creative atmosphere. Furthermore, this study emphasizes the importance of efficient integration and reorganization of similar maker support policies implemented by each government department, the necessity of a roadmap for realizing this, and the support for quality improvement. As a result, the design support policy of government for the designer-makers' business activation should evolve into the qualitative development of intellectual property based on a mature shared culture and the discovery of a new production paradigm model of the manufacturing industry based on the open manufacturers beyond the economic and numerical goals of creating new jobs.

Based on the Analysis of Entrepreneurship Support Policy Information, Establishment of Customized Entrepreneurship Promotion Model for Sports Major

  • Byung-Kwan Lee
    • Journal of the Korea Society of Computer and Information
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    • v.29 no.5
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    • pp.165-175
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    • 2024
  • In this paper, the purpose of this study was to analyze various information related to the government's youth entrepreneurship support policy, propose a customized entrepreneurship promotion strategy for college students majoring in sports, and increase their entrepreneurship efficacy. Through this, the aim was to increase the entrepreneurship efficacy of sports majors. Firstly, a literature study was conducted, and secondly, alternatives for promoting entrepreneurship among college students majoring in sports were analyzed based on expert interviews. Therefore, the following suggestions were made. 1. Recognizing the added value and individuality of the sports field in startup policy. 2. Creation of a start-up network and platform for sports majors to start a business. 3. Sports start-up space composition. 4. Organizing and supporting start-up clubs. 5. Activating entrepreneurship education and competitions in capstone design and employment seminar subjects. 6. Increasing start-up efficacy through start-up mentoring.

Impact of Government Business to Investors Reference Point (정부 주도사업이 투자자 의사결정 준거점에 미치는 영향)

  • HeeJong Chun;DaeMyeong Cho
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.19 no.1
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    • pp.23-31
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    • 2024
  • The paper investigates the influence of government-led projects on investors' decision-making reference points, using Prospect Theory and Human Capital Theory. It empirically explores whether government initiatives shift investors' reference points, offering insights for private investments in government-backed ventures. The study, spanning from May 2017 to May 2022, compares 51 companies involved in Korea's 'New Deal' policy to 49 non-participating companies. It considers founders' human capital elements such as past startup experience, technical and managerial industry experience, education level, and graduate school reputation. The analysis reveals that only the reputation of the founder's graduate school has a significant negative effect, implying a conservative approach by investors towards government-led projects. This highlights the need for investors to consider the founder's social capital and the impact of government support on venture growth and public offering pace.

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