• Title/Summary/Keyword: Korea Entrepreneur

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A Study of the Effect of Entrepreneurial Education on Entrepreneurial Motivation: Focused on Mediating Effect of Entrepreneurship (창업교육이 대학생들의 창업동기에 미치는 영향: 기업가정신의 매개효과를 중심으로)

  • Yang, Jun-Hwan
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.16 no.4
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    • pp.2564-2572
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    • 2015
  • Entrepreneurial education for university students furnishes necessary knowledges and fosters competences of potential entrepreneurs and help them change their attitudes toward start-up of a new business. This study examines how entrepreneurial education affects promoting entrepreneurship and stimulating entrepreneurial motivation of university students. Testing mediating of entrepreneurship between entrepreneurial education and motivation is another aim of this study. Regression analysis was used to examine each hypothesis of the study. Following refers to summary of the findings of the study; at first, entrepreneurial education affects entrepreneurial motivation of university students positively. Secondly, entrepreneurial education influences promoting entrepreneurship of students. Thirdly, entrepreneurship has a positive effect on entrepreneurial motivation significantly. Lastly, entrepreneurship plays a mediating role between entrepreneurial education and motivation of students. Both theoretical and practical implication were provided based on the findings of the study.

What Determines the Openness of Korean Manufacturing Firms to External Knowledge? (한국 제조 기업들의 외부지식 활용 결정요인 연구)

  • Moon, Seong-Wuk
    • Journal of Korea Technology Innovation Society
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    • v.14 no.3
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    • pp.405-430
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    • 2011
  • I examine what factors influence a firm's openness to external sources of knowledge in the Korean manufacturing sector. Related literature suggests a firm's appropriability strategy, absorptive capacity, technology entrepreneurship, firm size and industry-level technological opportunities as possible determinants. Using Korean Manufacturing Innovation Survey, I test how these factors influence the degree of openness of Korean manufacturing firm. I find the followings: First, when the appropriability strategy becomes tighter, a firm becomes more open to external sources. Second, when the share of highly educated employees increases, a firm becomes more open. Third, when a firm is a technology entrepreneur, the openness increases. Fourth, a large firm is likely to be more open. Lastly, ample technological opportunities increase the openness. In Korean manufacturing industries, the highly educated employees and technology entrepreneurship are more influential factors for a firm's openness.

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Policy-making Process in Basic Science Adapting Multiple Streams Model : Case Study for International Science Business Belt (다중흐름모델을 적용한 기초과학정책 결정과정 분석 : 국제과학비즈니스벨트 사례)

  • Lee, Seung-Hyun;Yi, Chan-Goo
    • Journal of Korea Technology Innovation Society
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    • v.21 no.3
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    • pp.907-937
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    • 2018
  • This study analyzed the policy decision process of the International Science Business Belt (ISBB) applying multiple stream model combining Kingdon (2013) and Howlett et al. (2014) models. We looked at what socio-political factors influenced the process and sought to find ways to promote the project of ISBB and the policy of basic science in the future. As a concrete analysis, the policy decision process was divided into policy, policy formation, and implementation policy, and the streams of problem, process, policy and politics, policy window, and policy participant were used as variables. As a result of the analysis, the stream of politics and the role of the policy-entrepreneur played an important role in the policy decision process. Politicians and government officials were more involved than the scientists.

Entrepreneurial Ecosystems: Key Concepts and Economic Geographical Implications (Entrepreneurial Ecosystems(기업가적 생태계) 개념과 시사점)

  • Koo, Yangmi
    • Journal of the Economic Geographical Society of Korea
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    • v.25 no.1
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    • pp.1-22
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    • 2022
  • The purpose of this study is to analyze key concepts of Entrepreneurial Ecosystems and to suggest implications for economic geographical studies. The definition and concept of entrepreneurship as well as changes of its research trends were examined. By combining entrepreneurship and geography, Entrepreneurial Ecosystems, which have recently emerged as important concepts and theories, were examined with the focus on the key concepts such as 'actors and factors', 'productive' and 'territory'. It is important that the individual, organizational and institutional components such as entrepreneurs, start-ups, existing companies, institutions and cultural elements are interconnected to build communities through 'entrepreneurial recycling'. Entrepreneurial Ecosystems support to create innovative high-growth start-ups based on entrepreneurial culture in the local region. Despite conceptual limitations, theoretical and empirical analyses should be conducted from economic geographical perspectives in order to reveal the geographical and spatial processes of productive entrepreneurship and to suggest policy implications for region-based start-up ecosystems.

An Empirical Analysis of the Effects of Startup' Activities of Preparatory Stage and Early Stage on Performance (창업기업의 준비 및 초기단계 활동들이 기업 성과에 미치는 영향에 관한 연구)

  • Yoon, Byeong seon;Seo, Young wook
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.11 no.4
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    • pp.1-15
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    • 2016
  • Startups in Korea are experiencing for themselves the laws of survival through competition in the local and international market, and are performing active business movements based on these. Korea's economic growth rate is 2.6% due to the slump in the domestic demand and reduced exports brought by the MERSC incident in 2015. The Korea Development Institute has estimated the economic growth rate in 2016 to be around 3.0%. South Korea's economy is facing the crisis of low-growth solidification due to the decrease in economic growth, and it is forecasted that growth without employment and polarization will worsen. Startups in the high-tech industrial generation of a particular field wherein the market environment is rapidly changing must maintain a competitive advantage with the capabilities and functions exclusive to them. It is very important that they maintain a competitive edge by utilizing the capabilities exclusive to startup companies. Likewise, the accumulation of resources is also crucial in determining the success of a startup business. In a poor local startup ecosystem, majority of the startup companies are performing their business activities while striving for survival, rather than success. About 80% are struggling to survive and are failing to overcome the "Death Valley" faced 3-5 years after establishing the company. Since majority of the startups fail to achieve results during the initial stages of foundation, the importance of research on business activities and achievement during the early stages of establishment is being raised. In accordance to this, this research has performed an actual analysis on how the activities of startups during their preparation phase and early stages affect their achievements. A survey was done on the CEOs or executives (people in a position to make decisions) of local small and medium-sized enterprises that are considered start-ups, and 203 valid data were collected and analyzed. Results showed that the discoveries and utilized activities necessary for the businesses of startups have a significant impact on their achievement through the entrepreneur resources and external partners' cooperation; additionally, the related implications were discussed.

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How Entrepreneur Competency Impacted Startup Survival During the COVID-19 Pandemic: The Mediating Role of Business Performance (코로나19 팬데믹 기간 창업자 역량이 창업기업의 생존에 미치는 영향: 경영 성과의 매개 역할)

  • Kim, Bongkeun;Yoo, Bumjoon;Hwangbo, Yun;Kim, YoungJun
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.19 no.3
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    • pp.155-172
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    • 2024
  • The COVID-19 pandemic not only posed an enormous human crisis, but also had a profound impact on firms' survival. Social distancing and global lockdown measures designed to protect human lives have paradoxically impaired the business environment. As a result, firms that sought to gain competitive advantage by leveraging external resources were cut off from the external world and faced unexpected challenges. Under these circumstances, researches were conducted in the early stage of the pandemic to explore how certain firms survived while others fell, but they were limited to re-examining business performance using traditional financial factors. However, this study aims to investigate the role of entrepreneurs' competency in crisis situations from the Resource-Based View (RBV), as such competency plays an important role in improving business performance and subsequently the probability of startups' survival. Specifically, we evaluated the performance as of end of 2019 of 1,127 startups evaluated by the Korea Technology Finance Corporation (KOTEC), which provides policy financing based on technology assessment, in 2016. We then conducted an empirical study to determine the mediating role of business performance in the relationship between entrepreneurial competencies and firm survival by verifying how many of the sample firms were still in operation at the end of June 2023, when the Korean government declared COVID-19 as an endemic. For this purpose, we defined technological, financial, and marketing competencies as the sub-factors of entrepreneurial competency, and sales growth rate and employment growth rate as the sub-factors of business performance. The results of the empirical analysis showed that technological and financial competencies of the entrepreneur had a positive impact on both business performance and firm survival, and that sales growth rate and employment growth rate mediated the relationship between technological competence and firm survival. However, the positive influence of entrepreneurs' financial competence of the survival of startups was only evident through the growth of employment. This study is the first study in South Korea to define the survival factors of startups in the context of the COVID-19 pandemic, and is expected to contribute to the theoretical and practical discussions on the importance of entrepreneurs' competency as a firms' survival factor based on RVB.

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A Study on User Willingness of Intelligent Music Platform Based on TAM Model

  • Li, Jingrong
    • Journal of the Korea Society of Computer and Information
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    • v.25 no.10
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    • pp.43-50
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    • 2020
  • In this paper, we propose to study the factors affecting the user's intention to use smart music platform, and on the basis of studying the impact of service quality on the user's intention to use, such as perceived usability, perceived ease, perceived entertainment and perceived cost, respectively. Based on this, the impact factors model on the usage intention of smart music platform users was presented, and 398 questionnaires were collected through a survey of university students majoring in Chinese music, and the collected data were obtained by conducting frequency analysis, reliability analysis, exploratory factor analysis, correlation analysis, and structural equation model analysis using spss20.0 and amos20.0. The results show that: Quality of service has a positive effect on perceived usefulness, perceived ease of use, perceived entertainment and perceived cost. A study found that perceived usefulness, perceived ease of use, and perceived entertainment have a positive effect on users' intention of use and perceived cost has a negative effect on their intention of use. Through this conclusion, the entrepreneur presented an important meaning in promoting sustainable development of smart music platforms by improving the operation and profit model of smart music platforms.

Development on Education Course for Entrepreneurship;in University and Graduate School(Case of Babson College) (대학의 창업교육 교과과정 개발에 관한 연구;Babson College 사례)

  • Cho, Kwon-Rae;Hong, Hyo-Seog;Yoon, Byung-Seop
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.1 no.2
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    • pp.67-100
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    • 2006
  • The entrepreneurship education for promoting the entrepreneurship is(has been) rapidly proceeded in recent year. In spite of increasing importance of entrepreneurs for successful new venture creation, structured educational programs for entrepreneur development are very limited in Korea. This paper is to develop the new entrepreneurship education in universities and graduate schools. For this entrepreneurship education program development, the survey is designed to Babson College which is voted "The Entrepreneurship Education's Best College" by US News & World report thirteen years in a row. Program development model of entrepreneurship education indicates an entrepreneurship education model, a subject model and a curriculum model through the analysis of a syllabus, the interviews with students, a fieldwork. Based on these literature review was organized research papers, documentary records, small and medium business administration research data. And program designing and implementing stage was composed of analyzing each subject of plan and education training, interviewing with Babson College's students. And observing the field. In addition, the tool of analyzing was collected a course in entrepreneurship education, related matters, a learned society, a research institute at Babson College and some books on pedagogics.

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A study on the success factors of ICT Convergence type-specific start-up enterprise - mainly the case study - (ICT융합 유형별 스타트업 기업의 성공요인에 관한 연구 -사례연구를 중심으로-)

  • Lee, Seo Han;Noh, Seung Hoon
    • Journal of Digital Convergence
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    • v.12 no.12
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    • pp.203-215
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    • 2014
  • Although many studies about start-up existed, It is almost never shown study about ICT convergence start-up enterprise. This study tries to analyze success factor to start-up enterprise in rapidly growing ICT convergence area. Based on 10 entrepreneurial success cases, We figure out the total 29 units success factors utilizing ERIS model. We classify ICT commercialization with 4 types which are software-R&D centric, software marketing centric, software plus hardware R&D centric, software plus hardware marketing centric. Among success factors the most success factor is related entrepreneur;s ability and include major and professional knowledge about ICT's filed, insight through sensitivity about technical paradigm etc. It was derived the success factors indicated in the course of commercialization of ICT Covergence Unlike other forms of the existing start-up entrepreneurs and contributed to typified in four forms startups for ICT Covergence start-up entrepreneurs.

Self-Efficacy as Moderator in Entrepreneurship Education and Entrepreneurial Intention: Comparison between Korean and Chinese University Students (한·중 대학생들의 자기효능감 조절효과분석: 기업가정신교육과 창업의도 관계에서)

  • Yang, Jun Hwan
    • The Journal of Small Business Innovation
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    • v.19 no.1
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    • pp.17-35
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    • 2016
  • Understanding key factors that affect entrepreneurial intention of university students is important to establish effective pedagogy for educating potential entrepreneurs. This cross-cultural study examines the direct effects of entrepreneurship education and self-efficacy on entrepreneurial intention of university students, and further examined how self-efficacy interacts with an entrepreneurship education in promoting entrepreneurial intention of Korean and Chinese university students. Empirical findings of this study suggest that entrepreneurship education and self-efficacy affect significantly entrepreneurial intention of university students in both countries. The proposed moderation effect of self-efficacy was supported for Korea but not China. The implications of the study were discussed and presented in terms of theoretical and practical aspects.

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