Asian Journal of Business Environment
- Volume 2 Issue 2
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- Pages.5-11
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- 2012
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- 2765-6934(pISSN)
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- 2765-7027(eISSN)
Business Orientation, Goals and Satisfaction of Korean-American Business Owners
- Ryu, Jay-Sang (School of Family and Consumer Sciences, Texas State University -San Marcos) ;
- Swinney, Jane (Department of Design, Housing and Merchandising, Oklahoma State University) ;
- Muske, Glenn (Rural and Agribusiness Enterprise Development Specialist, Center for Community Vitality, North Dakota State University) ;
- Zachary, Ramona Kay (Department of Management, Baruch College)
- Received : 2012.06.10
- Accepted : 2012.09.18
- Published : 2012.09.30
Abstract
Purpose - This research examined the relationship between business orientation and business goals and satisfaction of Korean-American business owners. Research design/data/methodology - Entrepreneurial Orientation (EO) and Small Business Orientation (SBO) were the theoretical constructs underlying this research. The responses from 200 Korean-American business owners who participated in the 2005 National Minority Business Owner Surveys were used for data analysis. Results - Noneconomic business goal was positively related to business owners' SBO tendency, and those with a SBO tendency had the higher business satisfaction than those with EO. Conclusions - The findings suggest that policy makers should develop business assistance programs that correspond with owners' business orientation.
Keywords
- Entrepreneurship;
- Minority Business;
- Small Business Orientation;
- Entrepreneurial Orientation;
- Korean-American Business Owners;
- Small Business Satisfaction