• Journal of Venture Innovation
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• v.7 no.1
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• pp.17-39
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• 2024

The purpose of this study was to analyze the effect of the government's R&D support and the use of stock options by venture companies on the innovation of venture companies, that is, innovation capabilities and innovation performance. An empirical analysis was conducted using the partial least squares structural equation modeling (PLS-SEM) method using the data from the detailed survey of venture companies conducted on domestic venture confirmation companies. As a result of the analysis, it was found that the benefit of government R&D support had a positive (+) effect on strengthening the innovation capabilities of venture companies, and R&D support also had a positive (+) effect on the innovation performance of venture companies. Next, it was found that the use of stock options by venture companies had a positive (+) effect on the reinforcement of the innovation capabilities of companies and a positive (+) effect on the innovation performance of venture companies. In addition, it was found that the innovation capabilities of venture companies significantly mediate between the government's R&D support and the use of stock options by venture companies and the innovation performance of companies. These analysis results show that the government's R&D support and the use of stock option systems can play a meaningful role in the innovation of venture companies, and also show that the innovation capabilities of venture companies have an important meaning in the process of innovation. Therefore, it is necessary to continue the stance of R&D support for ventures and at the same time to introduce multi-faceted policy measures to support corporate capacity building, and legal and institutional maintenance and policy support to revitalize the stock option system need to be continuously provided.

• Venture DIGEST
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• s.56
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• pp.18-19
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• 2004

유비쿼터스 시대가 열리게 되면 자동차, 가정, 실외 등의 다양한 공간에서의 IT 활용이 늘어나고 네트워크에 연결되는 컴퓨터 사용자의 수도 늘어나는 등 IT산업의 규모와 범위는 더욱 커지게 될 전망이다. 물론 이런 유비쿼터스 네트워크를 구축하기 위해서는 정보기술(IT)의 고도화가 전제돼야 한다.

• International Commerce and Information Review
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• v.8 no.3
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• pp.369-381
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• 2006

This paper examined partnership and business performance of international joint venture. Based on the analysis of the sixty-three international joint venture cases, the following results were found. First, it was found that the partnership of commitment have a significant positive influences on the business performance of marketing and distribution sectors in international joint venture. Second, the partnership of complementarity have a significant positive influences on the business performance of marketing and distribution sectors in international joint venture. Third, the partnership of trust have a significant positive influences on the human resources efficiency of marketing sector in international joint venture.

• Journal of Venture Innovation
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• v.7 no.1
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• pp.41-57
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• 2024

This study analyzed the relationship between the level of the venture environment, the benefits of the venture business verification system, internal capabilities, and management performance through the actual data of domestic venture companies collected in the Venture Business Precision Survey. As a result of the empirical analysis, the level of venture infrastructure did not affect the company's capabilities, but it was found that the venture company confirmation system had a positive effect. In the case of corporate competency, it was found that it had a positive effect on technological performance, but had no effect on sales performance. However, the research results confirmed that internal competency mediates the relationship between the venture environment level and the benefits of the venture business confirmation system and business performance. This study has the implications of confirming a series of processes leading to competency and performance in the environment using data from actual venture companies, and confirming the importance of corporate competency. In addition, since we confirmed the effect of the environmental factors of the venture environment level and the venture business confirmation system on the internal performance, if the process is introduced in the later reorganized venture business confirmation system, we will examine the factors that can enhance the performance of venture businesses. A more precise check is expected.

• Venture DIGEST
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• s.62
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• pp.16-17
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• 2004

간밤에 내린 비로 길거리는 온통 낙엽일색이다. 계절의 변화처럼 작가 이기열씨의 삶도 여러 다른 모습으로 바뀌었다. 한국 IT산업의 변화를 두 눈으로 목격한 IT전문지의 편집장에서 지금은 문학이라는 도구를 통해 여러 빛깔의 인생을 얘기하는 소설가의 삶을 살고 있다. IT산업에 각별한 애정을 가진 그를 만나 예순이 넘은 나이에도 새로운 삶을 살게 한 원동력과 벤처업계에 바라는 애정어린 조언을 들어보자.

• Venture DIGEST
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• s.75
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• pp.18-19
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• 2005

• Venture DIGEST
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• s.119
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• pp.53-53
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• 2008

• Venture DIGEST
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• s.95
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• pp.56-57
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• 2006

• Venture DIGEST
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• s.114
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• pp.36-37
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• 2008

• STI Policy Review
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• v.7 no.1
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• pp.66-86
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• 2016

This paper discusses government-backed venture capital as a science, technology and innovation (STI) policy instrument from the Chinese perspective. China aspires to overhaul its growth model by vigorously promoting technological innovation and entrepreneurship. Like many other countries, however, funding gaps constrain new technology ventures in the early stages of venture development. To plug this gap, China attempts to use government-backed venture capital as a policy instrument. Super-size central government-backed VCs were set up and dozens of similar schemes are in operation at local levels. This paper provides a case study of such government-backed venture capital schemes in China. It documents the background conditions explaining the country's need for public venture capital, describes the distinct features of program design in such schemes, and assesses the impact of government-backed venture capital.