• Journal of Digital Convergence
• /
• v.14 no.11
• /
• pp.107-113
• /
• 2016

This paper proposes various policies for maximizing the performances of Government loan. In order to do so, this paper offers new 10 policies with results from analyzing a survey for the requirements of SMEs that were supported with Government loan program. Also this paper drives methods for finding new value indices and reforming formulas for quantifying some indices. On the other hand, this paper introduces financing methods using K-OTC and KONEX markets and presents three portal sites to provide information about Government sponsored loan matched to needs of an individual company. Also this paper improves the supplement points resulted from operating Government loan. In conclusion, these new policies will raise effectiveness and efficiency of Government loan programs and will contribute to achieving the goals which are establishing the foundation for growth in IT industry as well as IT SMEs, improving the quality of the national livelihood and promoting the growth of national economy.

• The Journal of Small Business Innovation
• /
• v.20 no.2
• /
• pp.35-50
• /
• 2017

The aims of this study is to analyze the effectiveness of firms financial status quo and the scale of financial support on SMEs overall performance. We have gathered the financial guarantee data from 1998 to 2013, provided by Korea Credit Guarantee Fund (KODIT), to analyze the effectiveness of Financial policy. To classify both financial status quo and scale of financial support, we utilized the following variables; Interest Coverage Ratio (ICR) and newly guaranteed amount ratio. To take the measurement of the overall performance, we employed profitability, growth ratio and activity index. To minimize the effect of repeated financial support (redundancy benefits), firms were selected based on the following criteria: firms that receive no financial support prior to implementing such policy over the last 3 years and no new financial support over the last 2 years. Results suggest that firms with higher ICR and large newly guaranteed amount influence on financial performance in terms of profitability index. Firms with lower ICR and large scale financial support showed a better performance compare to firms with small-scale financial support. Firms with large-scale financial support, irrespective of ICR inclined to have better performance to those of small-scale financial support in terms of growth index. For activity index, however, firms with large scale support led to higher performance in the short term. In turn, our analysis presents objective perspective with respect to the effectiveness of financial policy through credit guarantee on overall performance of SMEs. This study, therefore, implies that well-balanced SMEs supporting policy may lead to better directions.

• Proceedings of the KAIS Fall Conference
• /
• 2010.11b
• /
• pp.972-975
• /
• 2010

현 정부의 주요 정책 중 하나가 일자리 창출이며 소상공인을 포함한 중소기업의 창업을 통한 일자리 창출의 효과는 이미 여러 연구와 기사를 통해 소개된바 있다. 소상공인과 중소기업의 창업을 활성화하기 위해 정부 지원책이 지속적으로 이어 지고 있으나 창업과 환경개선 등을 위한 직접적인 정책자금의 지원은 의존 성향을 심화시킬 수 있고 자생하려는 의지가 약화될 수 있기에 정부에서는 이를 방지하기 위해 자금지원과 컨설팅을 병행하는 정책을 추진하고 있으며, 소상공인과 중소기업의 경쟁력을 높이는 방안으로서 규모의 경제효과를 얻을 수 있는 조직화. 협업화의 중요성에 대해 주목하게 되었다. 그러나 지금까지의 소상공인과 중소기업의 조직화, 협업화에 대한 선행 연구들과 정부 정책은 주로 음식업과 소매업종을 중심으로 성공적인 조직화. 협업화 모델을 연구하여 제시하는 수준에 머무르고 있다. 본 연구에서는 다양한 업종과 업태를 대상으로 소상공인과 중소기업의 조직화. 협업화 확대 적용 방안과 확산 및 기능 활성화 모델을 탐색적 연구를 통하여 도출해 보고자 한다.

• The Journal of the Korea Contents Association
• /
• v.17 no.9
• /
• pp.12-20
• /
• 2017

This study aim to analyze the differences of the technology support on ICT SMEs conducted by ETRI - a government funded research institute. To collect the data, 167 beneficiaries participated in the survey and we classified them as 3 groups using cluster analysis. Then, we conducted ANOVA to verifying the differences among 3 groups. Results show that companies belonging to the higher revenue size groups have a highly effective technical support, while companies belonging to the lower revenue size groups have a highly effective information offering.

• The Journal of the Korea Contents Association
• /
• v.9 no.7
• /
• pp.333-341
• /
• 2009

This study was undertaken for Korean small and medium size enterprises(SME) support policy that conduct to 10 supporting sector. As a result of analysis, this study found out similarity and duplication for SME support policy under the influence of that support system and supporting body had a problem with complexity and multi-function. Therefore, the implication of this study is that typology analysis of supporting reality and support system improvement for the SME

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
• /
• v.15 no.1
• /
• pp.59-70
• /
• 2020

This study was proceeded to empirically identify the start-up support policy as an element that affects the performance of the early start-ups and measure the effectiveness of the current start-up support policy, in order to suggest the direction future policies according to the study. To accomplish this the influence of the start-up support policy on the early start-ups was analyzed, and the differences according to the industry and growth stage of the start-ups, as the characteristics of the start-ups, were identified. The research subjects collected real data of 297 start-ups of the past three years that were selected for the Initial Start-Up Package project, and performed multiple regression analysis on the influence between variables, and hierarchical regression analysis on moderating effects. The summary of the study is as follows. First, as a result of identifying the influential relationship between the start-up support policy and the performance of the start-up, sales had made a significant impact on the start-up fund, start-up mentoring, and start-up infrastructure(space), while start-up education failed to show a significant effect on the increase in sales. In terms of employment, start-up mentoring was the only field that showed a significant influential relationship. Second, as a result of identifying the moderating effect of the start-up's industry and growth stage, the industry did not have a statistically significant influence, but the interactive effect was seen in start-up education. To be more specific in terms of the sales relationship of each industry, knowledge services turned out to be helpful in improving sales, while manufacturing turned out to be effective in improving sales regardless of being supported with start-up mentoring and start-up infrastructure (space). The sales relationship regarding the start-up growth stage was identified to be statistically significant. The preliminary stage was not statistically significant, while providing start-up mentoring and start-up funding were effective for start-up stage and growing stage, respectively. On the other hand, employment did not perform a significant influence on the start-up growth stage. This study analyzes the effectiveness the start-up support policy for early start-ups, identifies the need in differentiated support policies according to the characteristics of the start-ups, and suggests implications for the direction in which future policies should be made towards.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
• /
• v.15 no.2
• /
• pp.137-151
• /
• 2020

Since the global financial crisis, the employment rate of young people worldwide has been declining, and the situation in Korea has worsened. Recently, the employment rate has been restored to a small extent due to the implementation of various government policies on youth employment and entrepreneurship, and many young entrepreneurs have been produced. In addition, various types of youth farming enterprises are emerging as the system for encouraging home farmers and villagers and fostering young farmers has been expanded. In this regard, this study examines the influence of CEO's personal characteristics and government's support policies on corporate performance in starting and managing youth rural enterprises. The purpose of this study was to analyze the effect on the performance of rural enterprises. Through this study, it will be able to know what are the important factors for young people to achieve results in starting a rural enterprise. The results of this study suggest three implications. The first is that the personal characteristics of the CEO are important for the performance of youth start-up rural enterprises. Second, in support policy, educational support affects performance, but funding policy does not have a significant effect. Third, since ICT's environmental characteristics do not affect the CEO's personal characteristics and support policies and corporate performance, it is more important to find ways to utilize them directly in the field than to develop ICT's environmental characteristics.

• The Magazine for Energy Service Companies
• /
• s.72
• /
• pp.46-49
• /
• 2011

우리나라 ESCO사업은 지난 1992년 도입되어 1997년까지는 연 평균 50억 원 이내의 투자사업을 실행하였으나, 1998년부터는 정부의 적극적인 ESCO활성화 정책과 국내 유가상승 등에 힘입어 시장규모가 급격히 증가하였다. 더구나 ESCO사업은 연간 1억 원 투자시 약 4천만원의 절감효과를 가지고 있을 만큼 투자대비 효율성이 확실한 사업으로 2011년에는 ESCO정책자금 예산이 3,900억원에 이를 만큼 에너지절약사업의 선두로 각광받고 있다. 2011년 하반기 ESCO정책자금 지원지침의 변경사항에 관해 알아보기로 한다.

• Journal of Korea Technology Innovation Society
• /
• v.21 no.2
• /
• pp.636-662
• /
• 2018

Recently, the Moon administration established the Ministry of Small and Medium-sized Enterprises (SMEs) and Startups, as part of its national strategy for start-up and innovation growth led by small and medium-sized venture companies. In a slowing economy, as venture companies with excellent internal competencies are seen to be favorable to growth, the government funding for technology development is becoming increasingly important. Previous studies examine the internal competence factors that can strengthen competitiveness through self-efforts and the influence structure of growth stage, which is an important factor in industrial environment, on business performance. As the government support for venture firms has been strengthened, the effect of government funding on the management performance and technological innovation performance of venture firms have been recently discussed in various ways. However, there is a lack of precedent research on the moderating effect of the utilization of government funding on the existing influence structure in which firm's internal competence and growth stages affects business performance. Therefore, this study examined whether the internal competencies of the venture firms and the stage of growth have direct effects on business performance and analyzed the moderating effect in connection with government funding utilization under these influence structures. The results of the study are as follows. First, the utilization of government funding in the venture firms whose R&D personnel ratio is relatively low, not to have own brands and showed an increase of employees has a significantly positive influence on business performance. Second, the moderating effects of the government funding utilization at the high growth stage of the venture firms are shown significantly. These results suggest that the venture policy linked to the job creation of the present government requires not only the support considering R&D personnel but also the necessity of supporting human resources policy to a greater extent and further study on the effectiveness of venture firms in the high growth stage.

• Journal of Digital Convergence
• /
• v.11 no.12
• /
• pp.11-19
• /
• 2013

In this study, we analyze how the difficulties of e-learning firms' management affect to the maturity of the practical use of e-learning research & development (R&D) policies. And we explore the method that can enhance the effectiveness of policy. In the pursuit of this purpose, we use the 2012 South Korea e-learning industry survey data. Using variables of recognition of policy, experience of policy, and intention to use of policy, we find the maturity model of six stages. And we analyze the impact of the difficulties of operation, technology development, marketing to the maturity model. As a result, the more e-learning firms have problems of fund management and technology commercialization, they are located the higher maturity of the use of policy. Based on the results of these studies, we discuss the implication for how can enhance the effectiveness of policies.