• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.15 no.1
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• pp.125-141
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• 2020

This study examines the effect of founders' strategic orientation and social capital on the performance of startups in Korean contexts. Founders' strategic orientation is proposed as the main factor to reduce the risk of failure and to increase the potential of future growth of the startup. Three main components of strategic orientation, entrepreneurial, market, technology, were simultaneously tested with a sample of Korean startups. Furthermore, founders' social capital, networks with supporting entities and the level of chemistry within founding members were also proposed to be important factors. We also tested possible mediating effects of social capital on the main impact of strategic orientation. With a sample of 79 startups founded less than 5 years in Seoul Metropolitan Areas, we found that technology orientation of founders only significantly increases the performance of startups, but both entrepreneurial and market orientation do not. Regarding social capital effect, the external networks of the founding members are effective as proposed, and also the high cohesiveness of founding members increases the startup performance. However, the mediating role of social capital is just partially confirmed. The implications of our findings, in both sense of firm's strategy and startup policy, are discussed. This study is expected to be a bridge connecting firms' strategy with startup policy-making in Korea.

• Journal of Korean Society of Rural Planning
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• v.26 no.1
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• pp.51-68
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• 2020

Korea's general rural development projects, which has shifted its paradigm to a bottom-up approach, should be promoted in the direction of focusing on the subjective well-being of the residents in rural areas. This study analyzed the effect that a general rural development project impact on the subjective well-being of the residents and the village leader in the relationship the spirituality of leadership, the village's social capital to analyze the impact any general rural areas, attributed the success of development projects with diversified.. The results are as follows: First, the basic living-based projects among general agricultural fishing village development projects have positive effects on the subjective welfare of the residents. Second, it was found that the basic living-based projects and regional income raising projects in general agricultural fishing village development projects had a positive effect on the altruistic behaviors and beliefs of spiritual leadership. Third, as a result of analyzing the effect of the level of general farming and fishing village development on social capital, regional income raising projects have a positive effect on the formation of social capital such as trust and network. Finally, as a result of analyzing the influence of social capital on subjective well-being, it was found that social capital such as trust and network has a positive effect on the subjective well-being of rural residents. In future research, it is required to select more extended research subjects not limited to residents of limited areas, and conduct repeated studies, with expanding the model to include the important variables that affect the subjective well-being of the residents.

• The Journal of the Korea Contents Association
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• v.19 no.12
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• pp.483-501
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• 2019

This study focuses on university students' social capital, examines the effects of university students' social capital on psychological well-being and campus life adjustment, and analyzes the mediating effects of psychological well-being. Data were gathered from 205 university students. The results showed firstly that university students' social capital did not have a positive effect on personal adjustment. Secondly, social capital did not have a positive effect on academic adjustment. Thirdly, social capital has a positive effect on social adjustment. Finally, psychological well-being mediated the relationship between social capital and campus life adjustment. This study is unique in that it examines the relationship between social capital and campus life adjustment. In addition, theoretical implications can be found in examining the process of mutual cooperation among students and revealing that they are identified by the theory of social exchange. Practically, the study shows that active efforts are needed to strengthen social capital and create a cooperative environment at the school level.

• Asian Journal of Innovation and Policy
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• v.7 no.3
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• pp.534-563
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• 2018

Venture Capital Firms (VCs) encounter severe information asymmetry risks at almost every stage in their investment lifecycle. This paper explores the agency risks arising from information asymmetry during the stage of exits by VCs from the funded companies in their portfolio and how that impacts the incidence of specific types of type of exits (IPOs/M&As). In this empirical study, by using the data on IPO and M&A exits from venture capital-funded companies, we show how the ability of prospective buyers to better resolve agency risks is directly correlated with the incidence of the above exit types. Using the technique of logistic regression, we demonstrate that factors such as syndication, specialization focus of the VC firm (in terms of stage and sector) and the level of its social capital (proxied by its age and experience) drive the success rate of exits. This is one of first studies in context of exits from VC funded companies in the Indian context.

• Journal of agricultural medicine and community health
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• v.36 no.2
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• pp.73-86
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• 2011

Objectives: This study was performed to investigate the relationship between individual-level social capital and depression. Methods: Data from the 2009 Community Health Survey were analyzed for this study. We used chi-square tests and hierarchical logistic regression analyses to determine the relationship between individual-level social capital and depression. The Korean version of the Center for Epidemiological Studies-Depression Scale was used to measure depression. Results: After controlling for socio-demographic factors such as, health behavior and chronic illness morbidity, that are associated with individual-level social capital, trust and informal participation significantly affected depression. Respondents with "be trust"(0.536, 95% CI 0.419-0.685) and who participate in "informal groups"(0.657, 95% CI 0.516-0.836) had significantly lower odds ratios of depression. Conclusions: Considering and introducing measures to increase the social capital of residents, need reduce depression. It is especially necessary to enhance resident empowerment.

• Journal of Convergence for Information Technology
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• v.8 no.6
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• pp.287-292
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• 2018

This paper investigates the differences in norms, values, and trusts that affect the quality of life of the elderly, as well as the elderly population. The elderly surveyed 401 households (65 years old or older) residing in N city. As a result of the analysis, there was a difference in life satisfaction according to sex, marital status, educational background, type of household composition and income level in the comparison of life satisfaction according to demographic variables. As a result of examining the influence of social capital on the elderly's life satisfaction, it was found that they contributed to trust, norm, and participation order. This study suggests that future policies of the elderly welfare policy should be considered as a policy that focuses on participation in various social activities that can activate social capital.

• Journal of Family Resource Management and Policy Review
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• v.25 no.4
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• pp.87-99
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• 2021

The life of middle-aged one-person households is rising as one of the most important family policy issues in Korean society. In Japan, even in multi-person households, the issues of middle-aged sons and daughters living with their old parents have been a concern. Data are from the 13^th wave of the Korea Welfare Panel Study analyzing 482 middle-aged singe males regardless of their past marital status. The purpose of this study is to investigate the effects of human capital and social capital on the life satisfaction of middle-aged single persons by comparing one-person and multi-person households, respectively. Major results were as follows: First, the level of human capital of one-person households of middle aged males was lower than their counterparts in multi-person households. Second, the level of social capital in the group of divorced or widowed, nonhouseholder middle-aged males in multi-person households was lower than their counterparts in one-person households. Third, the effects of human capital and social capital on life satisfaction was significantly different by their marital status and household types in the group of middle-aged single males. Based on the results, policy implications on the community programs for middle-aged males including not only one-person households but also multi-person households were discussed.

• Journal of Convergence for Information Technology
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• v.9 no.11
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• pp.218-226
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• 2019

The purpose of this study is to analyze the level and influence factors of social safety perception of middle-aged and older adults with disabilities. The subjects of the survey were older than 50 with disabilities who responded to the 2018 Social Survey. The results analyzed by Hierarchical regression analyzes showed that factors such as gender, age, place of residence, education level, subjective health status, risk response level, compliance level of others, and compliance with public order had a significant effect on the social safety perception level. Through this study, we could know the importance of personal requirements and social capital for social safety perception of middle-aged and older people with disabilities. In the future, the differences in safety perception by type of disability should be studied too.

• Journal of the Korea Society of Computer and Information
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• v.19 no.11
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• pp.193-202
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• 2014

This study was attempted in order to measure the level of Korean people's social capital and their multicultural acceptance, and to explain the relationship between the sub-factors of social capital(trust, reciprocity, and participation) and the multicultural acceptance. Furthermore, this study aimed to examine the relative influence of the sub-factors of social capital on the multicultural acceptance and to suggest which social capitals should be reinforced. Data on 'social capital' and 'multicultural acceptance' used in this study were obtained from the data of the 8th Korean General Social Survey (KGSS) in 2010. The results of analyses are as follows. First, social capital was lower with increase in age (F=28.18, p<.001), and higher with increase in academic qualification (F=15.49, p<.001), and total household income (F=8.85, p<.001). Second, the multicultural acceptance was higher in men (t=9.98, p<01) and lower with increase in age (F=27.29, p<.001), and higher with increase in academic qualification (F=28.99, p<.001), and total household income (F=11.92, p<.001). Third, among the three social capital factors influencing the multicultural acceptance, 'trust' was found to have a significant positive (+) effect. Based on these results were suggested various strategies for enhancing Korean people's multicultural acceptance.

• The Journal of the Convergence on Culture Technology
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• v.10 no.5
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• pp.513-521
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• 2024

This study aims to investigate how the social capital of middle school students is influenced by their grades, attitudes, and school interests, which are defined as school adjustment flexibility, and how they affect the social capital of middle school students. This study aims to provide a basis for policy discussions on how to shape the social capital of adolescents. The results of the analysis show that school adjustment flexibility has an impact on each factor of social capital. Trust is positively related to school attitudes, and norms are positively related to school compliance and school interest. Network has a positive effect on school attitude and a negative effect on school enjoyment. These results suggest that the higher the ability to follow the rules, the higher the norms of social capital, which suggests that social norms internalized at the individual level also affect group norms, which are the standards of behavior or rituals that members of a group follow when they want to behave as expected of them. We were able to find out that the normative domain of social capital is expanded by increasing the interest in school life of elementary and middle school students, and we confirmed that school class attitude is a major influencing factor in developing the network of social capital. Therefore, in order to increase the social capital capacity of elementary and middle school students, it is necessary to devise a plan to form various networks through multifaceted efforts to increase interest in school life and changes in school class attitude.