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An Exploratory Study on the Effects of Social Capital mediated Corporate Entrepreneurship of Venture upon Corporate Performance

벤처기업의 사회적 자본이 조직기업가정신을 매개로 기업성과에 미치는 영향에 관한 탐색적 연구

  • Chung, Dae-Yong (Department of Entrepreneurship, Graduate School of Soongsil University) ;
  • Roh, Kyoung-Hoon (Department of Entrepreneurship, Graduate School of Soongsil University)
  • 정대용 (숭실대학교 벤처중소기업학과) ;
  • 노경훈 (숭실대학교 벤처중소기업학과)
  • Received : 2010.04.05
  • Accepted : 2010.05.13
  • Published : 2010.05.31

Abstract

Researches recently made in advanced countries into entrepreneurship found that various resources and information are mainly provided to ventures through social capital, which is a resource capital based on a network, and through corporate entrepreneurship. This research is an exploratory study on the effects of social capital and corporate entrepreneurship of new ventures upon their corporate performance, conducted from the standpoint of dynamic capability. For that purpose, a questionnaire investigation was made of 171 venture entrepreneurs in Korea, and the following are the results of an empirical analysis of responses to the questionnaire. First, it was found that social capital, which is a resource capital based on a network, had a significant effect on corporate entrepreneurship. Second, social capital also had a significant effect on ventures corporate performance. Third, corporate entrepreneurship had a significant effect on corporate performance. These results imply that social capital and corporate entrepreneurship have a significant effect on the corporate performance of ventures, which have innate disadvantages concerning the supply of resources. On the other hand, ventures, which encounter relatively more intense demands for change and renovation, can be managed in a sustainable manner just when they adequately accumulate their social capital and utilize their external resources and appropriately conduct their corporate entrepreneurship activities.

Acknowledgement

Supported by : 숭실대학교

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