• Title/Summary/Keyword: Startup Team

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The Effects of Network between Business Founder and Investor on Enterprise performance: Focused on TIPS Support Business (창업자와 투자자간 네트워크가 기업성과에 미치는 영향: Tips 사업을 중심으로)

  • Kim, Hong kee;Kim, Chae wang
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.13 no.3
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    • pp.47-57
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    • 2018
  • The purpose of this study is to grasp the correlation between network and firm's performance by analyzing the perception and characteristics of network of business founder and investor from the perspective of the network. We selected a TIPS support program which is evaluated to be a best practice as a research target for empirical analysis. The empirical results using social network and statistical analysis, shows that the stronger the investor's network connectivity, the more likely it is that the investor's start - up succeeds in attracting subsequent investment. In addition, both the entrepreneurial team and the management think that the internal human network between the enterprise and the investor plays an important role in inducing investment or exploring the company, and recognizes that the value of the human network will have a significant influence on the enterprise value evaluation or investment decision.

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.

Opening Characteristics of a Main Oxidizer Shut-off Valve at Different Valve Inlet Pressures (밸브 입구 압력 변화에 따른 연소기 산화제 개폐밸브 열림 특성)

  • Hong, Moongeun
    • Journal of the Korean Society for Aeronautical & Space Sciences
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    • v.48 no.10
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    • pp.801-807
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    • 2020
  • Opening characteristics of a main oxidizer shut-off valve at different valve inlet pressures have been experimentally investigated. The pilot pressure at the moment of the valve opening increases linearly with increasing the valve inlet pressure and the increased pilot pressure reduces the valve travel time. As the pilot pressure increases at the moment of valve opening, the time to start opening the valve is delayed resulting in increasing the valve opening time. With the increment of the valve inlet pressure, the valve opening time is mainly determined by the time required for the pilot pressure to start opening the valve. Therefore the design of a pilot gas supply system can readily control the valve inlet pressure at the valve opening as well as the amount of oxidizer supplied to a combustion chamber during the engine startup.

A Study on Investors' Investment Decision Factors in Platform Startup (플랫폼 스타트업에 대한 투자결정요인에 관한 연구)

  • Tae Hwan Heo;Kyung Se Min
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.19 no.2
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    • pp.109-124
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    • 2024
  • The value of platform companies is rapidly increasing, exerting significant influence across industries. Identifying and fostering promising platform companies is crucial for enhancing national competitiveness. Consequently, tailored evaluation standards are necessary for such companies. This study derived investment decision factors specific to platform companies and compared the importance of each factor using Analytic Hierarchy Process (AHP) analysis. Key factors included platform characteristics, finance, entrepreneur (team), market, and product/service attributes. The findings revealed that platform characteristics were deemed the most crucial factor for investors. Specifically, factors such as platform size, ease of value fixation, core participant group, and data value were identified as pertinent for evaluating platform companies. Moreover, analysis distinguished between investors with prior platform investment experience and those without. Significantly, investors with platform investment experience placed greater emphasis on the value of data secured by platform Furthermore, it was observed that investors prioritized future value and growth potential over current value when investing in platform. Notably, founder/team characteristics, typically highly regarded in previous studies, ranked lower in importance in this study, highlighting a shift in focus. The discrepancy between this study's results and prior research on investment decision factors is attributed to the specificity of the questions posed. By focusing on investment decision factors for platform startups rather than generic startup inquiries, investor responses aligned more closely with platform-focused considerations. Given the burgeoning venture investment landscape, there's a growing need for detailed research on startups within specific sectors like IT, travel, and biotech. This approach can replace extensive research covering all startup types to identify investment decision factors suited to the characteristics of each individual industry.

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A Study on the Success Factors of Co-Founding Start-up by Step: Focusing on the Case of Opportunity-type Start-up (공동창업의 단계별 성공요인에 관한 연구: 기회형 창업기업 사례를 중심으로)

  • Yun, Seong Man;Sung, Chang Soo
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.18 no.1
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    • pp.141-158
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    • 2023
  • From the perspective of an entrepreneur, one of the most important factors for understanding the inherent limitations of a startup, reducing the risk of failure, and succeeding is the composition of the talent, that is, the founding team. Therefore, a common concern experienced by entrepreneurs in the pre-entrepreneurship stage or the early stage of startup is the choice between independent startups and co-founding start-up. Nonetheless, in Korea, the share of independent entrepreneurship is significantly higher than that of co-founding start-up. On the other hand, focusing on the fact that many successful global innovative companies are in the form of co-founding start-up, the success factors of co-founding start-up were examined. Most of the related preceding studies are studies that identify the capabilities and characteristics of individual entrepreneurs as factors influencing the survival and success of entrepreneurship, and there is a lack of research on partnerships, that is, co-founding start-up, which are common in the field of entrepreneurship ecosystems. Therefore, this study attempted a multi-case study through in-depth interviews, collection of relevant data, analysis of contextual information, and consideration of previous studies targeting co-founders of domestic startups that succeeded in opportunistic startups. Through this, a model for deriving the phased characteristics and key success factors of co-founding start-up was proposed. As a result of the study, the key element of the preliminary start-up stage was 'opportunity', and the success factors were 'opportunity recognition through entrepreneur's experience' and 'idea development'. The key element in the early stages of start-up is "start-up team," and the success factor is "trust and complement of start-up team," and synergy is shown when "diversity and homogeneity of start-up team" are harmonized. In addition, conflicts between co-founders may occur in the early stages of start-ups, which has a large impact on the survival of start-ups. The conflict between the start-up team could be overcome through constant "mutual understanding and respect through communication" and "clear division of work and role sharing." It was confirmed that the core element of the start-up growth stage was 'resources', and 'securing excellent talent' and 'raising external funds' were important factors for success. These results are expected to overcome the limitations of start-up companies, such as limited resources, lack of experience, and risk of failure, in entrepreneurship studies, and prospective entrepreneurs preparing for a start-up in a situation where the form of co-founding start-up is attracting attention as one of the alternatives to increase the success rate. It has implications for various stakeholders in the entrepreneurial ecosystem.

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Evaluation of Structural Integrity and Leakage for a Gas Turbine Casing (가스터빈 케이싱의 구조안전성 및 누설 평가)

  • Seo, Hee Won;Ham, Dong Woo;Kim, Kyung Kook;Han, Jeong Sam
    • Journal of the Computational Structural Engineering Institute of Korea
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    • v.29 no.4
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    • pp.347-354
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    • 2016
  • Because typical gas turbine systems have frequent startup and shutdown operations, it is likely to cause cracks at the gas turbine casing and gas leakages at casing flanges due to thermal fatigue and embrittlement. Therefore, the evaluation of structural integrity and gas leakage at the gas turbine casings must be performed. In this paper, we have evaluated the structural integrity of the turbine casing and bolts under a normal operation in accordance with ASME B&PVC and evaluated the leakage at casing flanges by examination of contact pressure calculated using the finite element analysis. Finally, we propose a design flow including finite element modeling, the interpretation and evaluation methods for gas turbine casings. This may be utilized in the design and development of gas turbine casings.

Modeling of a Dual Stator Induction Generator with and Without Cross Magnetic Saturation

  • Slimene, Marwa Ben;Khlifi, Mohamed Arbi;Fredj, Mouldi Ben;Rehaoulia, Habib
    • Journal of Magnetics
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    • v.20 no.3
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    • pp.284-289
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    • 2015
  • This paper discusses general methods of modelling magnetic saturation in steady-state, two-axis (d & q) frame models of dual stator induction generators (DSIG). In particular, the important role of the magnetic coupling between the d-q axes (cross-magnetizing phenomenon) is demonstrated, with and without cross-saturation. For that purpose, two distinct models of DSIGs, with and without cross-saturation, are specified. These two models are verified by an application that is sensitive to the presence of cross-saturation, to prove the validity of these final methods and the equivalence between all developed models. Advantages of some of the models over the existing ones and their applicability are discussed. In addition, an alternative is given to evaluate all saturation factors (static and dynamic) by just calculating the static magnetizing inductance which is simply the magnitude of the ratio of the magnetizing flux to the current. The comparison between the simulation results of the proposed model with experimental results gives a good correspondence, especially at startup.

Research on Entrepreneurial Leadership: Focusing on the Research of the Past 10 Year

  • KIM, Seo-Young;KIM, Shang-Soon
    • The Journal of Economics, Marketing and Management
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    • v.8 no.4
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    • pp.37-45
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    • 2020
  • Purpose: This study aims to clarify the concept of entrepreneurial leadership by reviewing the relevant existing studies, and to examine changes in entrepreneurial leadership research through review and statistical analysis on the articles published in Korean and international journals. Research Design, Data, and Methodology: Among the papers published between 2010 and 2020, 8 Korean studies and 42 international studies (UK and US) that clearly identify entrepreneurial leadership as research topic were analyzed. Results: Examinations on the yearly trends, keywords, and research methods reveal that research on entrepreneurial leadership is increasing recently with the emphasis on the statistical analysis. Keyword analysis shows high frequency of team and innovation for domestic research, while overseas research focuses on entrepreneurship, leadership, and gender associated keywords. Conclusions: This study has confirmed that overseas studies employ various methodologies, focusing on statistical analysis and that the effect of entrepreneurial leadership are in progress. For domestic cases, studies on entrepreneurial leadership are limited in number. Research topics and methods are areas that need further improvements. Research on entrepreneurial leadership has recently begun, requiring diversity in the subjects and methods for future development

Operating Characteristics of a Main Oxidizer Shut-off Valve According to Operating Times (작동 횟수에 따른 연소기 산화제 개폐밸브 작동 특성)

  • Hong, Moongeun
    • Journal of the Korean Society of Propulsion Engineers
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    • v.24 no.5
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    • pp.77-83
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    • 2020
  • The operating characteristics of a main oxidizer shut-off valve have been examined by life-cycle tests in which the valve operates as many times as is required at room and cryogenic temperatures. It is shown that there is no significant change of the operating characteristics in the course of the life-cycle tests. The critical pressures and principal forces, which represent the operating characteristics, differ at each operating time by less than about 3%. These qualified operating characteristics of the valve are expected to play an indispensible role in the stable startup and shutdown of a liquid rocket engine.

A Case Study of the Development of Climate Crisis Picture Book Package Using AR Contents (AR콘텐츠를 활용한 기후위기그림책 패키지의 개발 사례)

  • You Me Han;Sung Won Park;Yejung Choi
    • Journal of Information Technology Applications and Management
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    • v.29 no.6
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    • pp.145-157
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    • 2022
  • Climate crisis is one of the most urgent and serious threats to the right to life. As AR picture books are particularly effective for safety education, this study aimed to produce an AR picture book featuring animals that are endangered due to the climate crisis. In order to increase the educational effect and enhance the climate sensitivity, this study developed a children's activity workbook (with follow-up activities) and a teacher's guide (with lesson plans) as a package. To this end, market research and surveys were first conducted. Next, through the management and support of the Korea Institute of Startup & Entrepreneurship Development, this research team produced a climate crisis themed AR picture book package through expert advice, help from outsourcing companies, and field application. The package was promoted through publicity in various forms of media. The contents of the AR-using picture book package of this case study were introduced and then advantages and disadvantages were discussed.