A Case Study on the Opportunity Realization Process of the i-KAIST Venture: Entrepreneurial Intent, Organizational Learning, and Technology/Market Domain Shifts

기업가적 의지, 조직학습, 기술/시장 변화에 의한 대학발 창업 벤처기업의 기회실현 과정: i-KAIST 탐색적 사례연구

  • Received : 2013.06.07
  • Accepted : 2013.12.17
  • Published : 2013.12.01

Abstract

This study primarily focused on the opportunity realization process of a korean venture firm based on university. This research examined the relationship between entrepreneurial intent and organizational learning produced in a sustainable opportunity realization process with technology/market domain shifts. Therefore, this research explores the determinants of sustainable growth of a venture firm at the organizational level and suggests optimal solutions for promoting entrepreneurial intent and opportunity realization for many entrepreneurs. The results showed that CEO's entrepreneurial intent is a key driving factor that can positive impacts on opportunity recognition and organizational learning based on university's expertise. Furthermore, the orientation of a entrepreneur can affect venture's technology/market domain shift through the advanced technological knowledge of university. In conclusion, this research sheds light on the growth of a venture firm based on university suggesting more customized solutions for many entrepreneurs. Implications for the results and the future directions are discussed.