• 한국벤처창업학회:학술대회논문집
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• 2016.04a
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• pp.180-184
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• 2016

본 연구에서는 예비창업자의 심리적 특성 중 실패에 대한 두려움이 계획된 행동모델의 변수들을 매개로 하여 미래의 창업의도에 미치는 영향을 살펴보았다. 창업의도와 관련된 기존의 선행연구들은 많이 있었으나 주로 창업성공에 영향을 미치는 요인, 창업의도를 높이는 요인을 중심으로 연구가 진행되고 있음을 발견하였다. 이에 본 연구에서는 실패에 대한 두려움이 기업가적 활동을 수행함에 있어 본질적으로 내재되어 있는 요인임에도 불구하고 상대적으로 연구에서는 소홀하게 다루어졌던 것에 주목하여 실패에 대한 두려움을 측정하는 PFAI(Performances Failure Appraisal Inventory) 척도를 사용, 예비창업자의 실패에 대한 두려움이 창업의도에 미치는 영향을 창업에 대한 태도, 주관적 규범, 행동의도 등을 매개로 하여 실증하였다. 또한 실패에 대한 두려움을 상쇄시키는 역할로써 창업교육의 효과성을 살펴보았다. 이를 위해 서울 시내 대학생들을 중심으로 구조화된 설문지를 이용하여 자료를 수집 하였고, 수집된 자료는 AMOS 18.0 프로그램을 사용하여 분석하였다. 연구결과는 다음과 같다. 첫째, 실패에 대한 두려움은 창업에 대한 태도와 주관적 규범에 각각 부(-)의 영향을 미쳤다. 둘째, 창업에 대한 태도와 주관적 규범은 창업의도에 정(+)의 영향을 미치는 것으로 나타나 선행연구와 일치하는 결과를 보였다. 셋째, 실패에 대한 두려움은 창업의도에 직접적인 영향을 미치기보다는 계획된 행동모델의 구성요소인 창업에 대한 태도와 주관적 규범을 매개로 하여 각각 영향을 미쳤다. 넷째, 창업교육이 실패에 대한 두려움과 창업의도와의 관계를 조절하는지 분석한 결과 창업교육을 수강한 집단에게서 실패에 대한 두려움이 창업에 대한 태도와 주관적 규범에 미치는 부정적인 영향이 더 크게 나타났다.

• 한국벤처창업학회:학술대회논문집
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• 2021.04a
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• pp.103-108
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• 2021

코로나19로 인해 전 세계가 대 격변기에 있다. 경기 위축과 불확실성이 증대되고 있어 많은 기업과 가게 등 경제 주체들이 어려움을 겪고 있다. 이러한 상황에서 창업을 계획한다면 실패에 대한 많은 심리적 부담을 갖게 될 것이기에 더욱더 위험을 감수하고 위기를 기회로 활용하려는 창의적이고 적극적인 기업가의 태도가 필요하다. 따라서 본 연구는 기업가의 심리적 특성 변수라 할 수 있는 기업가정신과, 창업할 때 기업가가 갖고 있는 창업실패두려움 그리고, 창업자기효능감이 창업의도에 어떠한 영향을 미치는 지 알아보고자 한다. 본 연구에서는 기업가정신을 혁신성, 진취성, 위험감수성 세 가지 하위변수로 구분하였으며, 창업실패두려움도 재무적손실 두려움, 심리적손실 두려움, 경력손실 두려움으로 구분하여 각각의 하위변수들이 창업의도에 어떠한 영향을 미치는 지 알아보고자 한다. 또한 창업 상황에서 일종의 자신감이라 할 수 있는 창업자기효능감이 기업가정신과 창업의도 관계에서, 창업실패두려움과 창업의도관계에서 어떠한 매개적 역할을 하는 지 알아보고자 한다. 이를 통해 창업 분야에서 기업가정신과 창업실패두려움, 창업자기 효능감의 역할에 대한 학문적, 실무적 시사점을 도출하고자 한다.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.11 no.3
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• pp.49-61
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• 2016

This study investigates the relationship between fear of failure of potential entrepreneur's psychological characteristics and entrepreneurial intentions using the mediation variables of planned behavior model. There are many existing prior research related to the entrepreneurial intentions, but they were mostly focused only entrepreneurial success factors. So in this study we focused on fear of failure of potential entrepreneur. To know the influence of the fear of failure related to entrepreneurial intention, we using the scale of PFAI (Performances Failure Appraisal Inventory). The purpose of this study is to examine an impact of fear of failure on entrepreneurial intention and add to mediating factors - attitude toward the acts, subjective norm, perceived behavior control - on the relationship between fear of failure and entrepreneurial intention. Also we examined entrepreneurial education as moderating effect in order to offset the fear of failure. In order to test research model, we collected data from 321 undergraduate students. To test the research questions and hypotheses, we employed SPSS 21.0 anf AMOS 18.0 for validity, reliability, confirmatory factor analysis, and structural model analysis. The results were as follows. First, the fear of failure negatively related to attitude toward the behavior and subjective norm. Second, attitude toward the behavior and subjective norm positively related to entrepreneurial intention in consistent with previous studies. Third, attitude toward the acts and subjective norm in TPB variables have full-mediation effects between fear of failure and intrepreneurial intention. Fourth, The moderating effects of entrepreneurial effect was not significant. The negative relationship between fear of failure and attitude toward the acts and subjective norm was even slightly stronger who have taken the entrepreneurial class group. We discuss the theoretical and managerial implications, and provide suggestions for future research.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.19 no.5
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• pp.29-44
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• 2024

Recently, with the retirement of baby boomers, middle-aged and older people's entrepreneurship has become an issue that is receiving attention as a second career. However, existing literature has mainly focused on the entrepreneurial intention or entrepreneurial performance of middle-aged and older people, and above all, there is insufficient understanding of the antecedent factors that make it difficult for middle-aged and older people to start a business. Therefore, this study aimed to explore the effect of middle-aged and older people's indecisiveness preparing for starting a business on their fear of failure in starting a business. In addition, it aimed to verify the effects of public self-awareness and negative external evaluation as antecedent factors that affect the fear of failure of prospective middle-aged and older entrepreneurs. For empirical analysis, a survey was conducted on 221 men and women aged 45 to 64 who were willing to start a business. The results of the empirical analysis showed that indecisiveness significantly affected public self-awareness, negative external evaluation, and fear of failure in starting a business. In addition, public self-awareness and negative external evaluation were confirmed to be related to the fear of failure in starting a business. All hypotheses were supported as a result of the hypothesis verification. The significance of this study lies in the fact that it reinterprets the negative aspects of middle-aged and older adults' indecisiveness and fear of failure in starting a business from a positive perspective, and based on the results of this study, it provides practical implications for resolving the indecisiveness and fear of failure in middle-aged and older adults preparing to start a business.

• Korean small business review
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• v.41 no.4
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• pp.65-86
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• 2019

This study empirically analyzed how the elements of entrepreneurship and the fear of entrepreneurial failure influence entrepreneurial intention with each other in a situation that encourages startups. In particular, the moderating effect of fear of entrepreneurial failure was verified by dividing the fear of entrepreneurial failure into three sub-variables: fear of financial loss, fear of psychological loss, and fear of career loss. As a result, it was found that proactiveness and risk-taking had a positive effect on entrepreneurial intention, but innovativeness did not. Fear of entrepreneurial failure(all of sub-variables) was found to have no significantly moderating effect on the relationship between entrepreneurship and entrepreneurial intention. Therefore it seemed to have a negative effect as a independent variable. However, considering the regression coefficient(β) is positive or negative depending on the interaction terms of the sub-variables of fear of entrepreneurial failure and the entrepreneurship, it could be inferred that the moderating effect could be positive or negative. Based on this research results, a sophisticated entrepreneurship education program to inspire entrepreneurship and lower the fear of failure is needed in order to promote startups. And at the same time, a social safety net construction plan to reduce the fear of entrepreneurial failure needs to be prepared.

• Journal of Venture Innovation
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• v.7 no.3
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• pp.141-157
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• 2024

This study investigated the factors influencing the fear of failure in starting a business among the MZ generation(Millennials and Generation Z). The research focused on financial, psychological, and behavioral factors affecting this fear of failure and employed empirical analysis using structural equation model on data collected from 200 members of the MZ generation. Key findings included: Financial factor(lack of accessible finance) significantly increased the fear of startup failure. Psychological factors(aversion to risk and aversion to stress) also significantly contributed to the fear of failure. The influence of behavioral factor(aversion to hard work) on fear of failure was not statistically significant. Among these, aversion to stress had the strongest impact, followed by aversion to risk and lack of accessible finance. Fear of startup failure was found to have a significant negative effect on the intention to start a business among the MZ generation. Furthermore, fear of startup failure mediated the relationship between psychological factors(aversion to risk and aversion to stress) and behavioral factor(aversion to hard work) and entrepreneurial intention. However, the mediating effect between financial factor(lack of accessible finance) and entrepreneurial intention was not tested. These findings contributed academically by offering a more detailed analysis of factors affecting entrepreneurial intentions compared to previous studies. Practically, the results suggested ways to mitigate the fear of failure to enhance the entrepreneurial intentions of the MZ generation.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.13 no.4
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• pp.73-82
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• 2018

This research was implemented to check what effects entrepreneurship have on the entrepreneurial intention verify the emotional factor 'Fear on Business' in terms of the relationship between entrepreneurship and the entrepreneurial intention. Above all, in the study Health Belief Model was applied to research into emotional factors, such as 'Fear on Business'. Specifically, it was performed to check what effects 'Fear on Business' has on the entrepreneurial intention and to see if there are any mediating effects between entrepreneurship and the entrepreneurial intention. To achieve the research purposes above, the students who took a business start-up and entrepreneurship related course were surveyed (all 356); and research findings were produced. To summarize the findings, entrepreneurship did influence the entrepreneurial intention significantly. In addition, entrepreneurship significantly influenced 'Fear on Business'. And 'Fear on Business' significantly influenced the EI; it turned out that 'Fear on Business' plays a mediating role between entrepreneurship and the entrepreneurial intention. From these result, it is thought that programs or policies for reducing 'Fear on Business' are needed. Finally, because entrepreneurship can affect the entrepreneurial intention through the medium of 'Fear on Business', it is thought that the government's effort to create a social atmosphere is needed to overcome 'Fear on Business'.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.14 no.2
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• pp.95-104
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• 2019

Fear to start-up failures has been known to have a negative impact on entrepreneurial intention. This is one of the reasons why the government adopts a policy to help university students overcome their fear of start-ups. Setting educational goals to foster innovative and progressive entrepreneurs, universities have been conducting entrepreneurship education, but it is hard to say that constructive results have been achieved so far. Rather than adopting the practice of optional entrepreneurship education, there is a need to have all university freshmen mandatorily take the course of entrepreneurship education. This study aims to uncover the impact of more aggressive entrepreneurship education position in the university by analyzing empirical data. The relationship between an entrepreneurship level and entrepreneurial intention was tested, and start-up fear was also considered. In the research model, self-leadership and self-efficacy were included as regressors to entrepreneurship levels. Especially, this study tested moderate effects of start-up community during the course. The results from the sample of 2,500 freshmen indicate that entrepreneurship level is significantly improved by taking the course; however, fear to start-up failures remains still. In addition, empirical findings show that putting start-up communities in the entrepreneurship education helps students by moderating self-leadership and self-efficacy. This study extends our knowledge of entrepreneurship education in university by analyzing university freshmen data empirically.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.18 no.5
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• pp.141-157
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• 2023

Start-ups are the driving force of economic development and play an important role in improving national competitiveness. The country's start-up support policies are increasing every year, but indicators that do not challenge them and do not consider future start-ups can predict employment reduction and unemployment can increase further. You can. The increase in the number of young people doing nothing is causing economic hardship and neglect of future precious human resources, which calls for a more realistic national entrepreneurship policy. Accordingly, this study sought to identify bias and environmental factors in order to reveal factors that influence the will to start a business among potential entrepreneurs in Korea. For this purpose, descriptive statistical analysis was performed using SPSS on a sample of 227 responses from the general public who are potential entrepreneurs interested in starting a business. As a result, prejudice decreased the will to start a business and increased fear of failure. On the other hand, the entrepreneur's environmental factors reduced the fear of failure and increased the will to start a business. Lastly, fear of failure was found to play a mediating role between the two independent variables and the will to start a business. The results of this study showed that prejudice was a negative factor in the will to start a business, and the environment was a positive factor. These research results suggest that in order to revitalize entrepreneurship, positive environmental factors that can provide entrepreneurs' correct recognition and support for entrepreneurship are necessary.

• 한국벤처창업학회:학술대회논문집
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• 2020.11a
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• pp.95-102
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• 2020

본 연구의 목적은 첫째 창업자가 창업을 함에 있어 창업준비를 통해 창업성과에 미치는 영향관계와 본질적으로 항상 내재되어 있는 실패에 대한 두려움 요인이 창업성과에 미치는 영향 관계를 실증 검증하고자 한다. 두 번째로 상반된 개념의 독립변수가 동시에 종속변수에 미치는 영향을 알아보고 이에 따라 변수간의 상관관계를 분석하고, 사회적지지를 조절변수로 하여 창업준비와 창업실패에 대한 부담감에 조절효과가 있는지 검증하고자 한다. 따라서 본 연구의 의의는 창업준비와 창업실패 부담감이 창업성과에 영향을 미치는 요인들에 규명하고 사회적지지의 조절효과 요인을 분석하는데 있다. 연구의 학문적 함의점은 주요 많은 국내문헌에서 창업실패감과 창업의지에 관한 연구중심에서 벗어나 창업준비와 실패에 대한 부담감이 창업성과에 미치는 영향을 직접적으로 검증하는데 있다. 또한 창업자들이 인식하고 있는 창업준비와 창업실패에 대한 부담감이 창업성과와의 영향관계를 파악하여 구체적인 실무적 시사점을 제공할 수 있다.