• Bio news
• /
• no.2
• /
• pp.21-21
• /
• 2003

• Bio news
• /
• no.3
• /
• pp.18-18
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• 2003

• Venture DIGEST
• /
• s.3
• /
• pp.1-1
• /
• 2002

• Venture DIGEST
• /
• s.68
• /
• pp.31-31
• /
• 2005

• 월간 기계설비
• /
• s.101
• /
• pp.11-13
• /
• 1998

• Venture DIGEST
• /
• s.29
• /
• pp.19-19
• /
• 2003

• Venture DIGEST
• /
• no.9 s.122
• /
• pp.4-7
• /
• 2008

• 한국벤처창업학회:학술대회논문집
• /
• 2023.04a
• /
• pp.51-57
• /
• 2023

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
• /
• v.8 no.3
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• pp.17-26
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• 2013

This research examines the effect of globalization of Korean economy on small and medium-sized entrepreneurial firms. When Korea underwent the Asian economic crisis in 1997, it reconstructed Korean venture industry and had helped fuel venture firms' rapid growth. Therefore, this study shows the changed structure of Korean economy and the change of venture ecosystem due to the Asian financial crisis. In spite of a favorable turn of the industrial structure toward venture firms, their globalization level is reported still being low. In this study, we also examine how the Korean economy's globalization affects to the venture environments, focusing on the degree of Korea venture's globalization and role of venture capital. This study indicates that the globalization of Korean economy has played a positive role in the growth of the venture firms. However, with the growth of venture firms, small and medium venture companies have received relatively little focuses in Korean economy because the government policy of economic development has been oriented to large companies for several decades.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
• /
• v.14 no.6
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• pp.131-141
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• 2019

This paper investigates a relationship between a market position of a venture capitalist(i.e.,VC) and its subsequent performance. Although a VC firm may perform better if it occupies a narrow niche(e.g.,specialist), which allows the firm to attain deep insider knowledge and build an identity as an industry expert, a firm may perform better if it has a broader niche(e.g.,generalist), which gives the firm access to more diverse information and opportunities and to effectively spread out potential risks. Given that accesses to valuable information and chances are critical for success in venture capital industry, we hypothesize that venture capitalists with broad niche width are more likely to grow in the future and analyze 26-year data on US venture capital industry. We found that, in general, a firm can enjoy the advantage of having a broad niche. However, the return to having a broad niche varies depending on its status within the market: a return greater for low- status than high-status VC firms. Our finding suggests that explorative efforts may be more rewarding for low-status VC firms.