• Title/Summary/Keyword: Startup Time

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Entrepreneurial Learning and Indian Tech Startup Survival: An Empirical Investigation

  • Krishna, HS
    • Asian Journal of Innovation and Policy
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    • v.7 no.1
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    • pp.55-78
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    • 2018
  • This paper investigates the linkage between the mode of transformation of entrepreneurial learning into outcomes and the subsequent impact of these learning outcomes in enhancing the survival of high-tech startups in India. The study uses data from 45 high-tech startups headquartered across different locations in India for the purpose of analysis. Survival Analysis of the data is conducted to determine which mode of learning transformation and what type of en trepreneurial decision making preference have a significant influence on the survival of Indian high-tech startups and to what extent do they impact their survival. The results indicate that entrepreneur's prior startup experience, explorative mode of learning transformation, causal decision making of the entrepreneur and availability of funding for the startup as the key factors that reduce the time to survival of Indian high-tech startups. They also provide key insights on how these factors impact the startup survival in this region.

Study of Startup Policy of Government Research Institute through Importance-Satisfaction Analysis of ETRI Pre-Startup Support Program (ETRI 예비창업지원 프로그램의 ISA 분석을 통한 출연연 기술창업 성과 제고 정책 연구)

  • Gil, Wungyu;Sim, Yongho;Kim, Seokyun
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.11 no.5
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    • pp.45-56
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    • 2016
  • According to attended about startup, there are many policy and program for activating of startup. Government's policy and program was scale up and arrangements for high quality. Nevertheless, policies and programs are concentrated on ante-startup stage. And experts have questioned that effect. So, there are needed a program focusing pre-startup and incubation stage. Accordingly, this study propose a kind of educative program named Pre-Startup Support Program. Through the program, pre-startup teams or entrepreneurs will inspect items, business skills and surroundings of market and competitors. And they have a time for complementation of deficiency. This study selects ETRI spin-off(research based spin-off born ETRI) by means of an object of study. ETRI's programs are started in 2011 with intent to incubate the entrepreneur through market research, mentoring, space of incubation and funds. This study analyze using the ISA(Important-Satisfaction Analyze) and the regression. We classify the pre-startup support program using the ISA. And then, we analyze the influence of satisfaction using the regression. On the basis of results, we identify the effectiveness of pre-startup support program and propose plans for reinforcement. In conclusion, adopting a pre-startup support program is expected to success of startup.

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A Transient Model Analysis of a Fluorescent Lamp at Startup Time (형광램프의 기동시 과도특성 모델 해석)

  • 함중걸;백수현
    • The Proceedings of the Korean Institute of Illuminating and Electrical Installation Engineers
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    • v.10 no.5
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    • pp.52-56
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    • 1996
  • Fluorescent lamps are widely accepted to energy efficient commercial lighting applications. In designing a fluorescent lamp system, a ballast design heavily relies on the characteristic of a fluorescent lamp under consideration. Especially, at startup time, the transient characteristic of a fluorescent lamp puts much tighter specification of a design. In this paper, based on the transient characteristic at the startup time, a transient behavioral model of a fluorescent lamp is presented with an equivalent circuit. The model is applicable to the wide range of fluorescent lamps provided by different manufacturers. The experimental results are compared with the results provided by PSPICE simulation. The result shows the model is effective In practice. As a result, we could identify more accurate startup constraints to decide the design of either an electro mechanical or an electronic ballast.

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Exploring the government policy for promoting university startups in Korea (대학 창업 지원 사업의 문제점 및 개선방안)

  • Heo, Sun-Young;Jang, Hoo-Eun;Lee, Jong-Ho
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.18 no.1
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    • pp.75-84
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    • 2017
  • The prolonged economic slowdown has forced many youths to opt for starting a business instead of seeking employment. Universities have shown their interest in startup training by opening startup courses and encouraging relevant student communities, while at the same time helping their students land a job. Along with this, the government has been implementing various policies through creative economy and youth startup initiatives, but the resulting quantitative growth has not been supported by a commensurate level of qualitative growth and this has created problems on the supplier side, such as by producing redundant functions and roles in multiple projects and inefficient investment. This study, which aims at proposing a direction towards more active support and thus helping the government achieve qualitative accomplishments that can match its effort in terms of quantitative growth, analyzes the current status of startup support of universities in Korea by examining the data regarding training programs and projects, and highlights the issues stemming from startup organizations in colleges. It also suggests solutions for improving in-college startup training and establishing an interlinked system among the relevant bodies in and out of college, with the hope that the results and alternatives proposed in this study will be utilized as the basis for more active student startup support activities.

From a Defecation Alert System to a Smart Bottle: Understanding Lean Startup Methodology from the Case of Startup "L" (배변알리미에서 스마트바틀 출시까지: 스타트업 L사 사례로 본 린 스타트업 실천방안)

  • Sunkyung Park;Ju-Young Park
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.18 no.5
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    • pp.91-107
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    • 2023
  • Lean startup is a concept that combines the words "lean," meaning an efficient way of running a business, and "startup," meaning a new business. It is often cited as a strategy for minimizing failure in early-stage businesses, especially in software-based startups. By scrutinizing the case of a startup L, this study suggests that lean startup methodology(LSM) can be useful for hardware and manufacturing companies and identifies ways for early startups to successfully implement LSM. To this end, the study explained the core of LSM including the concepts of hypothesis-driven approach, BML feedback loop, minimum viable product(MVP), and pivot. Five criteria to evaluate the successful implementation of LSM were derived from the core concepts and applied to evaluate the case of startup L . The early startup L pivoted its main business model from defecation alert system for patients with limited mobility to one for infants or toddlers, and finally to a smart bottle for infants. In developing the former two products, analyzed from LSM's perspective, company L neither established a specific customer value proposition for its startup idea and nor verified it through MVP experiment, thus failed to create a BML feedback loop. However, through two rounds of pivots, startup L discovered new target customers and customer needs, and was able to establish a successful business model by repeatedly experimenting with MVPs with minimal effort and time. In other words, Company L's case shows that it is essential to go through the customer-market validation stage at the beginning of the business, and that it should be done through an MVP method that does not waste the startup's time and resources. It also shows that it is necessary to abandon and pivot a product or service that customers do not want, even if it is technically superior and functionally complete. Lastly, the study proves that the lean startup methodology is not limited to the software industry, but can also be applied to technology-based hardware industry. The findings of this study can be used as guidelines and methodologies for early-stage companies to minimize failures and to accelerate the process of establishing a business model, scaling up, and going global.

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A Study on Fashion Startup Ecosystem Trends in Korea Using Big Data Analysis - Focusing on Newspaper Articles in 2012-2022 - (빅데이터 분석을 활용한 우리나라 패션 스타트업 생태계의 추세 연구 - 2012~2022년 신문기사를 중심으로 -)

  • Soojung Lim;Sunjin Hwang
    • Journal of Fashion Business
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    • v.27 no.1
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    • pp.1-15
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    • 2023
  • This study divided articles into two time periods, from 2012 to 2022, with the aim of using big data analysis to look at patterns in the ecosystem of fashion start-ups. The research method extracted top keywords based on TF(Term Frequency) and TF-IDF(Term Frequency-Inverse Document Frequency), analyzed the network, and derived centrality values. As a result of comparing the first and second fashion startup ecosystems, elements of policy, support, market, finance, and human capital were derived in the first period. In addition, in the second period, elements of policy, support, market, finance, and culture were derived. In the first period, the fashion startup ecosystem focused on fostering new designer startups by emphasizing support, finance, and human capital factors and focusing on policies. Meanwhile, in the second period, online-based fashion platform startups and fashion tech startups appeared with the support of digital transformation and fulfillment services triggered by COVID-19(Corona Virus Disease 19), private finances were emphasized, and cultural factors were derived along with success stories of fashion startups. This study is meaningful in that it helps in developing strategies for fashion startups to grow into sustainable companies.

Analyzing Global Startup Trends Using Google Trends Keyword Big Data Analysis: 2017~2022 (Google Trends 의 키워드 빅데이터 분석을 활용한 글로벌 스타트업 트렌드 분석: 2017~2022 )

  • Jaeeog Kim;Byunghoon Jeon
    • Journal of Platform Technology
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    • v.11 no.4
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    • pp.19-34
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    • 2023
  • In order to identify the trends and insights of 'startups' in the global era, we conducted an in-depth trend analysis of the global startup ecosystem using Google Trends, a big data analysis platform. For the validity of the analysis, we verified the correlation between the keywords 'startup' and 'global' through BIGKinds. We also conducted a network analysis based on the data extracted using Google Trends to determine the frequency of searches for the keyword or term 'startup'. The results showed a strong positive linear relationship between the keywords, indicating a statistically significant correlation (correlation coefficient: +0.8906). When exploring global startup trends using Google Trends, we found a terribly similar linear pattern of increasing and decreasing interest in each country over time, as shown in Figure 4. In particular, startup interest was low in the range of 35 to 76 from mid-2020 due to the COVID-19 pandemic, but there was a noticeable upward trend in startup interest after March 2022. In addition, we found that the interest in startups in each country except South Korea is very similar, and the related topics are startup company, technology, investment, funding, and keyword search terms such as best startup, tech, business, invest, health, and fintech are highly correlated.

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Startup Teamwork and Performance Research: the Impact of Task Conflict and Relationship Conflict (스타트업 팀워크와 성과: 과업 갈등과 관계 갈등의 영향을 중심으로)

  • Park, Jun-Gi;Lee, Hyejung
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.11 no.2
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    • pp.101-111
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    • 2016
  • Startup has lot of limitation such as time and budget shortage, and few human resources, and may be under the very stressful condition. Naturally in these context, there is always conflict among the startup team members, but the impact of conflict on teamwork or team performance has not been empirically tested. This study examines the relationship among the conflict, teamwork and team performance in startup context. Different two types of conflict and four factors of teamwork for team performance are identified from a literature review and tested; task conflict and relationship conflict as antecedents, teamwork was composed of communication, collaboration, coordination and cohesion, leading to team performance. 142 data points were collected from startup representatives to test these hypotheses. PLS data analysis indicated that the task conflict positively effects on all teamwork factors, but relationship conflict has statistically significant effect on only two teamwork factors, collaboration and coordination in negative relationship. Teamwork factors effects on team performance except communication. Based on the results, we proposed practically several team management skills for startup managers, leaders and even members, and explained theoretical contributions.

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Numerical Analysis on the Startup of a Rocket Engine (로켓 엔진의 시동에 관한 해석적 연구)

  • Park, Soon-Young;Seol, Woo-Seok
    • Journal of the Korean Society of Propulsion Engineers
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    • v.11 no.5
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    • pp.60-71
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    • 2007
  • The startup characteristic of liquid propellant rocket engine should be focused on the stable ignition of combustion chamber and gas generator. Also, to lessen the propellants consumption during this period which doesn't contribute to the flight thrust, the engine has to be transferred to the nominal mode quickly. Because of the risk of test, it is impossible to develop all the startup cyclogram or the specifications of engine by test, so the precedent numerical approach is quite necessary. In this study we developed a mathematical model for the startup phenomena in a liquid rocket engine driven by gas generator-turbopump system based on the commercial 1-D flow system analysis program, Flowmaster. Using this program we proposed a methodology to obtain the specifications of turbine starter and the opening time of shutoff valves for the stable startup of the engine. To verify this methodology we qualitatively compared the analysis results to the typical startup curve of the published engine, then found it is quite well matched.