• Title/Summary/Keyword: Entrepreneurship Theory

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A Study on the Regulatory Focus, Entrepreneurial Orientation, and Entrepreneurial Intentions of College Students in Korea (대학생의 조절초점성향이 기업가정신 및 창업의도에 미치는 영향에 관한 연구)

  • Bae, Byung Yun;Lee, Joo-Heon
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.10 no.6
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    • pp.215-223
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    • 2015
  • Recently, in OECD countries, youth unemployment has become one of the most serious problems in society. Entrepreneurship creates innovative new companies that create more jobs than big traditional companies. In addition, entrepreneurship develops creative human resources leading to fertile ground for new technology and business innovation. Recently, regulatory theory has drawn a lot of attention and interest in the literature of psychology and marketing management. However, the theory has not been applied to the study of entrepreneurship. In this article, we try to examine the relationship among regulatory focus, entrepreneurial orientation, and entrepreneurial intentions of korean college students who show their interests in entrepreneurship. From our empirical study, we find the followings. First, promotion focus thriving on optimism, taking risks, and trying new actively affect positively on entrepreneurial orientation and entrepreneurial intention. Second, prevention focus concentrating on security, fulfilling responsibilities and maintaining efficiency does not always affect negatively on entrepreneurial orientation and entrepreneurial intention. In other words, prevention-focused students do not always have bad impression on entrepreneurship and may consider entrepreneurship as viable career path similar to average college students. Third, our empirical findings are consistent with previous studies that entrepreneurial intention is positively affected by entrepreneurial orientation.

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Revitalizing the Young Venture Entrepreneurship through Grounded Theory (근거이론에 기반한 청년 벤처 창업 활성화 방안 연구)

  • Kim, Na Rang;Hong, Soon Goo;Lee, Hyun Mi
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.9 no.3
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    • pp.33-45
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    • 2014
  • The Government of South Korea is actively promoting entrepreneurship policies to help solve an age old problem of unemployment; however, the unemployment rate of youth entrepreneurship remains at a low. Primarily due to the government fragmented policies that are unable to solve the daily difficulties young entrepreneurs undergo. Therefore, this study aims at deriving a modern solution to an age old problem that exists through the use of co-creation by first interviewing young entrepreneurs to help derive a paradigm model. The model was developed through a grounded theory approach to help strengthen the young venture entrepreneurs. The results revealed that majority of the young entrepreneurship revitalization policies had exclusive participation structure, allowing only a selected few: complex policies of various government departments, short-term funding, one-size-fits-all training and support, lack of follow-up support policies after start-up, excessive administrative requirements, and performance-oriented fragmented support. Concluding that the policies were unrealistic and ineffective for the entrepreneurs. Accordingly, the result suggests that Co-creation entrepreneurship revitalization policy, based on the experiences of entrepreneurs, will need to be established to formulate an effective policy that provides practical assistance to the entrepreneurs in the field.

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Where do Entrepreneurial Opportunities come from? Schumpeter's Idea and Stakeholder Theory Framework (창업 아이디어는 어디에서 오는가? 슘페터의 생각과 이해관계자 이론체계)

  • Lee, Ju-Heon
    • Korean Business Review
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    • v.23 no.1
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    • pp.17-44
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    • 2010
  • Even though it is generally recognized that entrepreneurship is complex socio-economic phenomena and entrepreneurial opportunities can be created from economic, social, technological, political and legal forces, entrepreneurship has been discussed in very narrow economic terms and focusing on narrow economic relationships such as consumers, suppliers, owners and employee. However, recently, a lot of researchers talk about social entrepreneurship. How can we explain social entrepreneurs? In our paper, employing stakeholder theory, we try to offer more realistic model to understand entrepreneurial opportunities. We claim that entrepreneurial exploitations can be successful only when entrepreneurs can identify ex post stakeholder inefficiencies. Thus, our efforts focus on the question of where, when, and how stakeholder inefficiencies occur?

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An Empirical Study on the Relationship of entrepreneurship and innovation performance for venture business : focusing on the mediation social capital (벤처기업의 기업가정신과 혁신성과 관계 연구 : 사회자본의 매개효과를 중심으로)

  • Song, Jae Gil;Ha, Kyu Soo
    • Journal of Korea Society of Digital Industry and Information Management
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    • v.6 no.4
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    • pp.267-278
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    • 2010
  • The study has following objectives: First, an objective of this studies proves relations between a entrepreneurship and an innovation performance. Second, in innovation performance relationships of social capital this studies proves a mediating effects of a social capitall through theory study, an empirical analysis. In accordance with results of a hypothesis verification, first, a entrepreneurship affects positively a innovation performanc. Second, in accordance with analysis results of a social capital, an entrepreneurship, a innovation performance verified a mediating effects of a social capital. This results mean that the more a social capital an organization has among members, the higher an innovation performance.

A Study on Relationship between CEO′s Entrepreneurship in Venture Business and Organizational Effectiveness. - Focused on Innovativeness, Risk-taking and Proactiveness- (벤처기업 CEO의 기업가정신과 조직유효성의 관계에 관한 연구 -혁신성, 위험감수성, 진취성을 중심으로-)

  • Park David S.;Kim Yeon Jeong
    • Journal of Korea Technology Innovation Society
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    • v.7 no.3
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    • pp.479-505
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    • 2004
  • The purpose of this study is to investigate between CEO's Entrepreneurship in Venture Business and Organizational Effectiveness. CEO's Entrepreneurship variable consist of Innovativeness, Risk-taking and Proactiveness. Organizational effectiveness concept composed of system approach and the contingency theory and it's variable consisted of job satisfaction and organizational commitment. Statistical methods are adapted Frequency, Factor Analysis and CFA(Confirmatory Factor Analysis) of LISREL.8 program. Refined Survey data are 412/Major findings are as follows; Only Proactiveness variable of CEO's entrepreneurship have significant relation to Organizational Effectiveness(job satisfaction and organizational involvement). Innovativeness and Risk taking variables are partially supported to influence to Organizational Effectiveness.

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Nonlinear Relationship Between Technological Entrepreneurship and National Competitiveness: The Moderation Effect of Innovation-driven Economy

  • Yang, Seung-Lin;Kim, Yong-Shin;Chung, Doohee
    • Journal of Technology Innovation
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    • v.27 no.3
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    • pp.113-142
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    • 2019
  • Based on the Knowledge Spillover Theory of Entrepreneurship, this study analyzes the relationship between technological entrepreneurship and national competitiveness. It also analyzes how innovation-driven economy moderates this relationship. Using data on technological entrepreneurship, national competitiveness indexes and economy development stages from 83 countries over 2011 to 2014, this study finds that a ratio of technology-based start-ups in a country has a U-shaped relationship with national competitiveness. this study also finds that countries that are in the innovation-driven economy strengthen this relationship. This finding shows that a higher ratio of technology-based start-ups of a country does not have unconditional positive effects on national competitiveness, thus, related environments and conditions should be elaborately matched. In particular, this finding also implies that policies related to technology-based start-ups should have a proper fit with the level of economic development of the country so that the positive effects of technological entrepreneurship on national competitiveness can be strengthened.

The Exploratory Study on Development of Interdisciplinary Technology Entrepreneurship Education Model (융합기반의 대학원 기술창업 교육모델 개발에 대한 탐색적 연구)

  • Choi, Jong-In;Byun, Young Jo
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.8 no.2
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    • pp.119-128
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    • 2013
  • Korean entrepreneurship education has been focused on the subject selection and curriculum based research according to the stage of entrepreneurship process. But problem is happen in the theory based lecture and unrealistic content of entrepreneurship education. Recent studies in technology entrepreneurship recommend integrated approaches to educating students to operate in this space integrated programs span disciplinary lines, but more important, they combine coursework on fundamental concepts and processes with real team-based projects on technology commercialization. At the core of TI:GER(R) is a three-course academic track that provides instruction in technology commercialization processes with a focus on intellectual property/technology law and business fundamentals. Technology, management, and law are the key success content of entrepreneurship education and we need the approach the integration of these factors.

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From an Entrepreneur to a Sustainopreneur: Extracting Facts about Sustainopreneurship

  • Majid, Sara;Yaqun, Yi
    • Asian Journal of Business Environment
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    • v.6 no.2
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    • pp.23-25
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    • 2016
  • Purpose - Entrepreneurship has started to emerge. There are huge technology startups from the past few decades. Current scenario demands entrepreneurship and there is an immense need to start green ventures where Eco-Entrepreneurs, Sustainable Entrepreneurs/ Sustainopreneurs strive together to make world a better place. But the latest Five-Year Plan is green, at least in theory regarding developing countries. The paper explores what factors turn entrepreneurs into Sustainopreneurs. Research Design, Data, and Methodology - Research design is followed by the interviews from fifteen sustainopreneurs and entrepreneurs who are actively involved in green businesses. The interviews have been analyzed by categorization method to find out factors which turned them to be sustainable entrepreneurs. Results - The results have shown the factors which helps in leading entrepreneurs to become Sustainopreneurs. These factors are present in the entrepreneurs which lead them to start a venture for a cause. Conclusions - The proposed findings are helpful in further study of Sustainopreneurship and the fact that there should be some steps taken by policy makers, and sustainopreneurs to promote eco-businesses.

A Study on Elderly Entrepreneurial Intention in the Hospitality and Tourism Industry in China

  • ZHANG, Lili;SOROKINA, Nadezda
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.2
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    • pp.335-346
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    • 2022
  • Elderly entrepreneurship is becoming increasingly important as a response to the impact of the aging population and the resulting demand on government support systems, as well as a means of ensuring long-term economic and social development. The purpose of this study is to investigate the elderly's entrepreneurial intentions in the hotel and tourism sector in Ma'anshan City, Eastern China. The researcher used an online survey of older people aged 50 to 64 in a tourism destination that is approaching an aging society stage to see if the Theory of Planned Behavior can explain the entrepreneurial ambitions of the elderly in the hospitality and tourism industry. There were 391 questionnaires gathered in all, 367 of which were valid. The data was analyzed using descriptive statistics and regression analysis. The study reveals that personal attitudes toward entrepreneurial behavior and perceived behavior control are highly influenced by societal norms. It also shows that personal attitude and perceived behavior control are antecedents of the elderly's entrepreneurial intent in this particular industry. This research adds to the research on geriatric entrepreneurship in hospitality and tourism, as well as human resource development for seniors in China, helping to alleviate the country's aging demographic concerns.

Influence of College Students' and Parents' Interest of Entrepreneurship on Intention (대학생과 부모의 창업관심이 창업의도에 미치는 영향)

  • HyeJin An;SeungHa Lee
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.19 no.1
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    • pp.33-53
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    • 2024
  • By identifying the relationship between Interest of Entrepreneurship and intention, this study clarifies the entire lifecycle process leading up to a college student's decision to start a business. We explore whether an individual's Interest of Entrepreneurship stemming from start-up activities and the interest of parents toward their children's start-up affect start-up intention. For this purpose, attitude toward start-up, subjective norms, and perceived behavioral control, which are components of the Theory of Planned Behavior (TPB), were set as parameters. Furthermore, start-up self-efficacy was established as a moderating variable to examine the relationships between factors and their importance. In addition, survey questionnaires were collected from 300 college students in Korea, and after excluding 18 insincere responses, a total of 282 were analyzed using SPSS 26 and AMOS 26. The main findings are as follows. First, an individual's Interest of Entrepreneurship has a significant impact on start-up intention, mediated by attitude toward start-up, subjective norms, and perceived behavioral control. Therefore, future college start-up education should apply the components of TPB to enhance its effectiveness, and various start-up activities should be provided to foster students' interest. Secondly, parents' interest in start-up has a significant impact on subjective norms and perceived behavioral control. Therefore, even if parents are interested in their children's start-up activities, such interest does not necessarily lead to favorable attitude. However, as it significantly impacts subjective norms and perceived behavioral control, start-up education targeting parents linked to these parameters could increase college students' Interest of Entrepreneurship and intentions.

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