• Title/Summary/Keyword: co-founding

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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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A Study on the Growth intention of Korean and Chinese Co-Founding Startup Companies (한국인과 중국인의 공동창업기업 성장의도에 대한 연구)

  • Kim, A-Hyun;Moon, Jun Hwan;Lee, Jae Bum
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.15 no.3
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    • pp.145-158
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    • 2020
  • Because individuals come together to form a society, society has characteristics that are different or similar. Furthermore, as globalization and language acquisition in other countries have been activated, the frequency of studying abroad has increased. While Korea also studies abroad, the number of students coming to Korea from other countries continues to increase, increasing. In particular, when there was interest in start-up businesses, the factors were discovered through exploratory research in order to identify factors affecting the level of growth in start-ups when they had different nationalities. In order to conduct exploratory research, the government wanted to check more in-depth information through semi-structured interviews with co-founder companies composed of Koreans and Chinese. The main keywords were repeated or emphasized continuously during the interview, and other keywords were obtained through additional questions. As a result, it has been confirmed that self-acceptance, cultural distance, entrepreneurship, knowledge quality and growth are very large keywords in the co-founding start-up of different countries. The proposition was established as having a relationship of justice with self-acceptance, cultural distance and entrepreneurship as independent variables and with the degree of growth as dependent variables. In particular, in the case of co-founding with different nationalities, the most important knowledge quality was represented the effect of reverse U in each relationship (the relationship between self-acceptance, cultural distance, entrepreneurship and growth).

Adsorption behaviour of film-forming amine on pre-oxidized carbon steel surface

  • Genxian, Lin;Yun, Sun;Canshuai, Liu;Jun, Fang;Lijun, Song;Bin, Liu
    • Nuclear Engineering and Technology
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    • v.54 no.4
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    • pp.1185-1194
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    • 2022
  • The maintenance of condenser main pipe is the key to achieve film-forming amine maintenance effectiveness. In this work, oxygen content, pH and temperature of the solution were controlled to simulate the condition of condenser main pipe, and magnetite coated carbon steel sample was prepared by pre-oxidization. CAM was used to characterize the hydrophobicity of film formed samples. Hydrophobic film was formed on pre-oxidized carbon steel samples when octadecylamine concentration reaches 20 mg/kg. SEM, EDS, EIS, and PD were used to characterize the influence of octadecylamine concentration on maintenance effectiveness. It was found that the maintenance effectiveness was enhanced and the corrosion rate was suppressed with the increase of octadecylamine concentration. FIB and TEM were used to detect the adsorbed octadecylamine film thickness founding that octadecylamine adsorbed onto the surface of pre-oxidized carbon steel by multi-layer adsorption mechanism.

W350 - The Roadmap Of Super High-Rise Timber Building -

  • Harada, Hiroaki;Fukushima, Takashi;Hatori, Tatsuya;Aoyagi, Hajime
    • International Journal of High-Rise Buildings
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    • v.9 no.3
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    • pp.255-260
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    • 2020
  • This research and technology development project is based on the concept and plan of Sumitomo Forestry Co., Ltd., and designed by Nikken Sekkei Ltd., and is aiming to realize 350 m supertall timber-framed buildings in urban areas by 2041, the 350 year anniversary of Sumitomo Forestry's founding(Fig. 1). By constructing office-based multi-use buildings which have 70 stories above ground with GFA of 455,000 ㎡, using a huge amount of timber of 185,000 ㎥, this project envisions to connect forests and cities, and to solve the problems in both of forests and cities. At the present stage, the main objective is to identify the issues related to wood, such as building structural systems, construction methods, materials used, and resource development, and to create a roadmap for future technologies to be researched and developed.

Nondestructive Analysis on the bell of Boshin-gak (보신각종(普信閣鐘)의 비파괴조사(非破壞調査))

  • Kwon, Hyuknam;Yu, Heisun
    • Conservation Science in Museum
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    • v.6
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    • pp.3-10
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    • 2005
  • In the course of preparing for the transfer of the Boshin-gak Bell, which was designated as Treasure No. 2, due to the transfer of the National Museum of Korea, the current internal cracks and defects in the founding of the bell were examined in order to verify its solidity through γ-ray penetration via 60Co. The bell's compositions were also examined with x-ray fluorescence spectroscopy. The result showed that the bell had 65.2% cracks when viewed from the horizontal direction and 62.5% cracks when viewed from the vertical direction. The cracks had approximately 5cm depth. In addition, the result of examining the composition of the bell revealed that it was made of 89~92% copper and 7.5~10.5% tin as well as traces of impurities including 0.1~0.3% lead and not more than 0.1% iron, manganese, etc.

The Differences in Strategic Behaviors and Economic Performances Between Serial and Novice Entrepreneurs (연쇄창업의 행태와 성과에 대한 실증연구: ICT 창업초기 벤처기업을 대상으로)

  • Jo, Yuri
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.11 no.3
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    • pp.17-25
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    • 2016
  • This study aims to empirically examine serial entrepreneurship in Korea. Using the ICT startups survey data, I compare serial entrepreneurs with their novice counterparts in terms of business behaviors and performances. I found that serial entrepreneurs are more likely than novice ones to co-found a business with other entrepreneurs, enter a market with relatively large assets and expand their business into overseas market. They tend to put more importance on large-scale production and expansion strategy than first-time entrepreneurs. They are more likely to cooperate with suppliers and customers but less likely with the governments. From their experience of founding and operating businesses, the findings suggest that serial entrepeneurs are more market-oriented and more capable of managing internal human relations and external network of supply chain. Consequently, serial entrepreneurs show stronger early financial performance than novice entrepreneurs especially when they team up to found a business.

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Marine Biodiversity Study and Biotechnology Exploitation in China

  • Liu, J.Y.
    • Journal of Marine Bioscience and Biotechnology
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    • v.1 no.1
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    • pp.40-47
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    • 2006
  • Large scale marine biodiversity studies in China have been carried out for more than half a century since the founding of the Institute of Oceanology, CAS, in 1950. Through a series of coastal and multi-disciplinary oceanographic investigations in the shelf seas and biodiversity studies since the late fifties, a total of 20,278 species of marine biota have been recorded upto 1994. Recent intensive studies have further revealed the richness of marine biota of the China seas,a great number of marine species have been found and many new taxa established. The total species number of main biotic groups increased about 50 % of that estimated in 1994. The results have promoted the fast development of China's marine fisheries, medicine (drug) and biodiversity research, and attracted many scientists, particularly bio-technologists, to join their studies. Environmental deterioration and human activity strongly stressed the sustainable development and conservation of marine bio-diversity, and resulted in the increase of end angered species as record ed in the new published ${\ll}$China Species Red List${\gg}$ with the threatened category of species assessed by adopting the new IUCN criteria. To further reveal the high diversity and their history, present status and future of marine organisms existed in the world ocean, an international Project ${\ll}$Census of Marine Life (CoML)${\gg}$ was established in 2000 in the USA. Scientists predicted that 2 to 3 times of numbers of the known species will possibly be found in various marine habitats, particularly the abyssal ocean. The Research Plan and the Projects were briefly introduced, and the relationship between marine biodiversity and biotechnology was discussed. The Project planned to apply new and high techniques and new equipments on board research vessel and in laboratory. Brief review of recent advances of Chinas' marine biodiversity and biotechnology studies indicated that fascinate results have been achcieved; but further effort should be made to promote the continuous advance of our basic researches and their application in related production and maintain sustainable development.

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A Study of Measures to Support Startup Company Development: Focusing on DeepTech Startups (스타트업 기업 육성지원 방안 연구: 딥테크(DeepTech) 스타트업을 중심으로)

  • Chang-Kyu Lee;SungJoo Hwang;Hui-Teak Kim
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.19 no.2
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    • pp.63-79
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    • 2024
  • The startup ecosystem is experiencing a paradigm shift in founding due to the acceleration of digital transformation, online platform companies have grown significantly into unicorns, but the lack of differentiated approaches and strategic support for deep tech startups has led to the inactivity of the startup ecosystem. is lacking. Therefore, in this study, we proposed ways to develop domestic startup development policies, focusing on the US system, which is an advanced example overseas. Focusing on the definition and characteristics of deep tech startups, current investment status, success stories, support policies, etc., we comprehensively analyzed domestic and international literature and derived suggestions. In particular, he proposed specific ways to improve support policies for domestic deep tech startups and presented milestones for their development. Currently, the United States is significantly strengthening the role of the government in supporting deep tech startups. The US government provides direct financial support to deep tech startups, including detergent support and infrastructure support. It has also established policies to foster deep tech startups, established related institutions, and systematized support. It is worth noting that US universities play a core role in nurturing deep tech startups. Leading universities in the United States operate deep tech startup discovery and development programs, providing research and development infrastructure and technology. It also works with companies to provide co-investment and commercialization support for deep tech startups. As a result, the growth of domestic deep tech startups requires the cooperation of diverse entities such as the government, universities, companies, and private investors. The government should strengthen policy support, and universities and businesses should work together to support R&D and commercialization capabilities. Furthermore, private investors must stimulate investment in deep tech startups. Through such efforts, deep tech startups are expected to grow and Korea's innovation ecosystem will be revitalized.

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A Comparative Analysis of Research Trends in Korean Modern Medicine: Focusing on Two Journals of Medical School (근대의학 논문의 계량학적 방법을 통한 연구 경향 비교 분석 - 의학전문학교 학술지 2종을 중심으로 -)

  • Mijin Seo;Jisu Lee
    • Journal of the Korean BIBLIA Society for library and Information Science
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    • v.34 no.4
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    • pp.29-54
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    • 2023
  • This study aimed to analyze the research trends of journal articles published by medical schools representing Korean modern. A total of 682 were selected from two journals published by Medical College in Keijo and Keijo Imperial University Medical Faculty. In results, the affiliations of authors who participated in Acta Medicinalia in Keijo included various schools and hospitals, and the authors' major was found to be similar in basic medicine and clinical medicine. In The Keijo Journal of Medicine, only school-affiliated authors participated, and 96.33% of the authors were majors in basic medicine. Co-occurrence network analysis was conducted on MeSH terms from the title of the article using MeSH on Demand, and the keyword that derived in both journals was 'erythrocytes', which analyzed the condition of red blood cells according to organs and diseases. In frequency analysis, a common area of research in both journals was the study focusing on blood and blood cells, and the study of anemia and tuberculosis, which were prevalent diseases at the time. As for comparing each journal, Acta Medicinalia in Keijo has focused on inflammatory diseases and clinical pathological studies in humans, and The Keijo Journal of Medicine has focused on anatomical studies on animals and pharmacological studies on medicines. Through this study, it was possible to identify the research topics and major keywords in two medical schools with different founding goals.