• Title/Summary/Keyword: entrepreneurial persistence

Search Result 4, Processing Time 0.016 seconds

A Study on Perceived Government Support and Small and Medium-sized Ventures Performance: The Mediating Role of Entrepreneurial Persistence (중소벤처기업 정책지원의 인식이 성과에 미치는 영향에 관한 연구: 기업가 끈기의 매개효과를 중심으로)

  • Kim, Young Jin;Yang, Dong Woo
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
    • /
    • v.18 no.6
    • /
    • pp.105-116
    • /
    • 2023
  • While there have been studies on the impact of government financial support on the performance of these enterprises, there is limited research on how entrepreneurs' perceptions of such policies affect business performance. Additionally, there is scarce domestic research on the role of entrepreneurial persistence in achieving and sustaining entrepreneurial goals and its impact on business performance. Therefore, the aim of this study is to analyze how entrepreneurs' perceptions of government policy support affect business performance and to explore the mediating effect of entrepreneurial persistence, shedding light on the significance of perceptions and deepening the understanding of entrepreneurial persistence. This study utilizes entrepreneurs' perceptions of government support for South Korean small and venture enterprises, and entrepreneurship as independent variables, with entrepreneurial persistence as a mediating variable and non-financial performance of businesses as the dependent variable. Data was collected through surveys targeting founders, CEOs, and executives of small and venture enterprises. After excluding incomplete responses, a total of 205 survey responses were used for hypothesis testing. The results of this study are as follows. First, it was verified that the perception of SME policy support and entrepreneurship have a significant positive impact on business performance. Second, it was verified that entrepreneurial persistence partially mediates the relationship between the perception of SME policy support and entrepreneurship and business performance. The theoretical implications of this study are twofold. First, it highlights the significant positive impact of entrepreneurs' perceptions of policy support on the non-financial performance of small and venture enterprises. This contributes to the theoretical understanding by demonstrating that entrepreneurs' perceptions play a role in affecting business performance, in contrast to previous research that focused on the impact of policy financial support on business performance. Second, this study extends the theoretical understanding of entrepreneurial persistence, a relatively understudied concept in domestic research, by demonstrating its mediating role in the relationship between entrepreneurs' perceptions of government support and, entrepreneurship, and business performance. Practically, the study suggests that to enhance the performance of small and venture enterprises, the government should not only expand policy support but also seek ways to increase entrepreneurs' perceptions of such support.

  • PDF

Developing children's non-cognitive skills by early entrepreneurship education

  • Zhaojun Pang;Heng Zhang
    • Advances in nano research
    • /
    • v.14 no.1
    • /
    • pp.93-101
    • /
    • 2023
  • This research aims to explore the influence of early entrepreneurial education on cognitive and non-cognitive abilities of male sixth-grade primary school pupils using a randomized pretest-posttest control group design. A total of 45 students were randomly allocated to experimental, active-control, and control groups using a multi-stage random selection procedure. The experimental group was taught entrepreneurship using the Bizworld entrepreneurship education package. The active control group did not get entrepreneurship education but was instructed on a non-entrepreneurship-related issue (hygiene). The Control group received no instruction. The findings revealed that early entrepreneurial education skills impacted noncognitive abilities (such as risk-taking propensity, creativity, self-efficacy, persistence, and need for achievement). Early entrepreneurship education seems to be an effective technique for developing children's non-cognitive abilities in the late years of primary school. As a result, entrepreneurship education may be taught in primary schools, emphasizing the development of non-cognitive abilities, which will affect children's individual, educational, social, and vocational futures and can have long-term advantages for students, families, and society.

Temperament and Character of Entrepreneurial Gifted Students (청소년 기업영재의 기질 및 성격 특성)

  • Choi, MinGyeong;Lee, HangEun
    • Journal of Gifted/Talented Education
    • /
    • v.23 no.1
    • /
    • pp.89-107
    • /
    • 2013
  • Research on entrepreneurial giftedness is in its initial stage and the importance is increasing these days. The purpose of this article was to provide a standard type of entrepreneurial gifted students by measuring their temperament and character separately. In the year of 2010 to 2011 participants of 'Future Creative Entrepreneur' projects which was governed by Korean Patent Office and Korean Intellectual Property Association participated the present study. They composed of middle and high school students and the total number of them was 246. For all the 7 temperament and character scales; the novelty seeking, the harm avoidance, the reward dependence, the persistence, the self-directedness, cooperativeness, and self-transcendence, scores of the entrepreneurial gifted students were significantly different from the norm group (average students at the same age). In a nut shell, entrepreneurial gifted students were optimistic in their temperament and mature in their character. They also manifested high ability of adjustment and control so they can manage their features of temperament which include all the advantages and weaknesses. The Entrepreneurial gifted students were differentiated from gifted science and math students, academically competent group, and high IQ group. Implications and further research directions were discussed.

Longevity Determinants of Embroidery Enterprises in Taal, Batangas, Philippines

  • Padua, Divine Krizza B.;Cabardo, Jewel Joanna S.;Madamba, Jeanette Angeline B.;Williams, Jimmy B.
    • Asia-Pacific Journal of Business
    • /
    • v.7 no.1
    • /
    • pp.11-30
    • /
    • 2016
  • The study specifically aimed to identify factors affecting business longevity. It focused on knowing how embroidery enterprises managed to persist in the industry for many years despite the competitive business environment. After discovering the significant relationships of such factors to longevity, problems experienced by the enterprise cluster were ascertained in order to come up with recommendations that can be proposed to the enterprise owners. Embroidery entrepreneurs have been experiencing a continuous decline in sales due to lack of innovation and intense competition. In the evaluation of their personal entrepreneurial competencies, they scored low on risk-taking, persuasion and networking, and opportunity seeking; thus, implying that these are their weaknesses. On the other hand, the statistical results of this study say that longevity is a function of the entrepreneur's competencies (i.e., persistence, commitment to work contract, demand for quality and efficiency, information seeking, and systematic planning or monitoring), the generation currently managing the business, competition, and the customer's preferences. These results suggest that these independent variables are significant and are deemed critical to business longevity. Thus, entrepreneurs have to find ways on how to use these competencies as an advantage in reinventing their businesses and in reviving their industry.

  • PDF