• Title/Summary/Keyword: Venture For Korea

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A Study on the Development of Tax Support System in Local Tax Law for Venture Company (우리 나라 벤처기업 조세지원제도의 개선방안에 관한 연구 : 창업(벤처)중소기업 관련 지방세감면을 중심으로)

  • Lee, In-Jae;Roh, Hyun-Sub;Jang, Seok-Oh
    • Management & Information Systems Review
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    • v.8
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    • pp.129-146
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    • 2002
  • This study reviews an overview of the current tax support system in Local Tax Law for venture company. And this study provides the directions for developing tax support system in Local Tax Law related policy for the venture company in Korea. The tax authority provides a supporting directions of venture company in three ways: a financing viewpoint, a technical and manpower viewpoint, and the location viewpoint. And the supporting system for venture company is devide into tax support system through tax laws and support system through other law. The requirements of receiving tax supporting for venture company in Local Tax Law are a venture company, a small and medium company, a newly starting firm, and so forth. To mitigate the restriction imposed by the current tax law on venture company encourage venture activities in Korea.

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A Study on the Development of Tax Support System for Venture Company (벤처기업에 대한 조세지원제도 및 개선방안)

  • Roh Hyun-Sub
    • Management & Information Systems Review
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    • v.4
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    • pp.443-467
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    • 2000
  • This study reviews an overview of the current tax support system for venture company and provides the directions for developing tax support system related policy for the venture company in Korea. The tax authority provides a supporting directions of venture company in three ways: a financing viewpoint, a technical and manpower viewpoint, and the location viewpoint. And the supporting system for venture company is devide into tax support system through tax laws and support system through other law. The requirements of receiving tax support for venture company are a venture company, a small and medium company, a newly starting firm, and so forth. To mitigate the restriction imposed by the current tax law on venture company encourage venture activities in Korea.

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Educational Program Development for Entrepreneurship and Venture Management (기업가정신 및 벤처경영에 관한 교육과정개발)

  • 배종태
    • Proceedings of the Technology Innovation Conference
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    • 1998.06a
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    • pp.91-115
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    • 1998
  • Inspire of increasing importance of entrepreneurs for successful new venture creation, structured educational programs for entrepreneur development are very limited in Korea. Based on the survey of existing academic programs and interviews with entrepreneurs, this study presents a new education system for entrepreneurial management and new venture creation. Specifically, seven venture educational programs are suggested. As degree programs, ⅰ) new venture interdisciplinary program and ⅱ) venture MBA program are presented. Also, ⅲ) advanced venture management program, ⅳ) venture capitalist training program, and ⅴ) potential entrepreneur training program are suggested as non-degree programs. In addition, special and supporting programs such as ⅵ) technological entrepreneurship seminar and vii) new venture forum are explained. Finally, some examples of typical entrepreneurial management courses are presented and policy implications are suggested.

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Conceptual Model for Design Venture Business (디자인벤처비즈니스의 개념모델형성)

  • 민경우;채승진
    • Proceedings of the Korea Society of Design Studies Conference
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    • 2000.11a
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    • pp.96-97
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    • 2000
  • 벤처 비즈니스(venture business)는 '위험(기업)사업'이란 뜻으로 어느 정도 용어의 뜻이 통하는 외래어이지만 비록 익숙한 말이라도 벤처기업(venture enterprise)이란 말은 직역하면'위험(기업)기업'이란 다소 어색한 뜻이 된다. 미국의 경우 Venture Business라는 용어를 사용하지 않고, 신생벤처(New Venture) 또는 기술집약적 신생기업(NTBF: New Technology-based Firm)이라는 용어를 사용하고 있으며, "고위험, 고수익" 사업에 벤처 프로젝트(Venture Project)라는 용어를 쓰고있다.(중략)

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Self-Sacrificial Leadership and Organizational Commitment: Venture CEO's Leadership in Korea (자기희생적 리더십과 조직몰입: 국내 벤처기업 CEO의 리더십을 중심으로)

  • 서정하
    • Journal of Technology Innovation
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    • v.13 no.3
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    • pp.51-76
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    • 2005
  • This study aims to investigate hypotheses for the effects of CEO's self-sacrificial leadership behaviors and employee's organizational committment of 50 Korea venture firms registered in Korea Venture Business Associations. To understand the importance of followers' characteristics in recent leadership studies on venture CEOs, it is proposed that self-sacrificial leadership behaviors will positively effect on organizational commitment. And it is also proposed that the follower's need for achievement(N-Arch) moderates in the relationship of self-sacrificial leadership behaviors and organizational commitment. After descriptive survey, research model setup, and field survey, this empirical study investigated the above mentioned hypotheses thru SPSS for Windows 12.0. It involved linear regression analysis to reveal the significant main effect of the self-sacrificial leadership behaviors. It also revealed moderating regression analysis to reveal the significant moderating effects of need for achievement between the independent variables(self-sacrificial leadership behaviors) and dependent variable(the organizational commitment). Results revealed that CEO's self-sacrificial leadership behaviors positively affected to its employee's organizational commitment under change-oriented and innovative new technology drive, self-developing environments of venture business in Korea. However, positive moderating effect of N-Arch was not supported between leader's self-sacrificial leadership behaviors and follower's organizational commitment in Korea venture firms.

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An Analysis of Venture Firms' Growth in Korea: Focusing on the Differences between 'Venture Certification Types' (벤처확인유형을 중심으로 한 벤처기업의 성장 분석)

  • Kim, Ki-Wan
    • KDI Journal of Economic Policy
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    • v.35 no.1
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    • pp.63-101
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    • 2013
  • 'Venture firms' in Korea are the firms who are certified as 'venture', whose certification types are defined by a law ('Special Law for the Support of Venture Firms'), and therefore encompass not only the venture capital-financed companies, which are usually regarded as ventures in USA and European countries, but also other types of firms such as R&D-intensive firms and the firms with financial guarantee or loans through technology evaluation ('technology finance or loan firms'). This paper examines the differences in the Korean venture firms' growth between the venture certification types. For the empirical analysis, this paper uses the lists of venture-certified firms from 1998 to 2010 which are then linked with their financial data in Korea Enterprises Database (KED). According to the results of empirical analyses, the companies in the 'venture capital-financed firms' type show greater growth rate in sales and the number of regular employees 3 and 5 years after first venture certification than the firms in type of 'technology finance/loan firms'. Moreover, the newly certified companies in 'R&D-intensive firms' type are also showing faster growth than the 'technology finance/loan firms' since 2003 where the venture industry has undergone a consolidation phase after the blast of so-called 'IT venture bubble' in 2001~2002. These results imply that the so-called 'venture firms' in Korea are composed with heterogeneous firm groups with different characteristics and that the companies selected through market mechanism ('venture capital-financed firms') outperforms the companies selected on the basis of policy interests ('technology finance/loan firms') in terms of the growth in sales and employment. On the basis of these findings, this paper suggests that the current venture-support policy should consider the different policy demands of firms across the type of venture certification more actively and that should refocus the objective of policies on facilitating venture capital market rather than emphasizing the nominal increase in the number of venture-certified firms.

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