• Title/Summary/Keyword: venture creation

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Building Strategy for Successful Venture Creation Education in Korea by Reviewing Venture Creation Education of Korea and USA (한국과 미국의 창업교육 비교를 통한 한국 벤처창업 교육전략 수립)

  • 장대성
    • Journal of the Korea Society of Computer and Information
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    • v.8 no.1
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    • pp.129-139
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    • 2003
  • Venture Creation Management in the USA has been very successful since World War II. The venture creation management education has made the venture enterprises' management successful in the USA. Thus, this study compared the venture creation management education of Korea with that of the USA and provided the strategic suggestions for successful venture creation management in Korea.

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A Study on the Proclivity for Entrepreneurship and Its Affect on the Venture Creation (기업가특성이 벤처창업의지와 창업에 대한 자신감에 미치는 영향에 관한 연구)

  • Lee, Sung-Jin
    • Journal of the Korea Society of Computer and Information
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    • v.11 no.5 s.43
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    • pp.281-290
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    • 2006
  • Despite intensive inquiry, we still know relatively little about the entrepreneurship. The lack of progress in entrepreneurship may be due to the theories and methods used to identify those characteristics. But the appropriate approach for studying entrepreneurial behavior remains contentious. This study model used three themes (achievement motivation, risk-taking propensity, and preference for innovation) in order to measure a proclivity for entrepreneurship. In this study there was a significant difference in the plan for venture creation and the confidence for venture creation between high-entrepreneurship group and low-entrepreneurship group. In addition, It is found that proclivity for entrepreneurship is significantly related to create new venture and to build up confidence regarding venture creation.

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Аnalysis of Venture Capital Trends in Russia

  • Chernova, Vera
    • International Journal of Advanced Culture Technology
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    • v.4 no.3
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    • pp.1-5
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    • 2016
  • The article discusses creation and development of venture investment mechanism in Russia. We analyze some tendencies of venture capital funds functioning which should be focused on the financing of development and production of high-tech products, for the period from the creation of the first funds of venture capital investment in 1994 to 2015. The study results may be of interest for business angels and venture capital funds, as well as for public authorities regulating the legal mechanisms to facilitate such investors.

The Impact of Venture Creation Education on Entrepreneurship -Focusing on Comparison of College Students with Junior College Students- (창업교육이 벤처정신과 자질에 미치는 영향 -4년제 대학생과 2년제 대학생 비교 중심으로-)

  • 장대성
    • Journal of the Korea Society of Computer and Information
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    • v.5 no.3
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    • pp.171-182
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    • 2000
  • This research was performed at Kyonggi University and Osan College to find the pedagogical effects of venture creation class on the entrepreneurship. The results of this study show that the education of venture creation is effective in motivating students to create new business and to change their majors to venture creation. However, there is no difference in confidence of creating new business between venture creation taking students and non-takers.

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Effect of inwards FDI on new venture creation, industrialization and economic growth in Russia: A timeseries ARDL approach

  • Kristina, Yuryeva;He, Zhengquan
    • Asia Pacific Journal of Business Review
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    • v.7 no.1
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    • pp.1-21
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    • 2022
  • This research aimed to clarify the impacts casted by inwards FDI on New venture creation, industrialization, and the economic growth of Russia. For all of these variables, data was taken about Russia from the site of The World Bank, and the selected duration was from 1995 to 2019. The total duration of the data taken was from 24 years. The time duration was well enough for applying the A.R.D.L. approach to the time series data of the study. This research used the unit root test to know the presence of the unit root for each variable, the lag order selection was made for the data, the bounds cointegration test was also applied, and ARDL Model was used to know about the different effects. With the help of the results derived, it was observed that the impact of private sector investment on new venture creation is significant. In contrast, foreign direct investment and research and development (R&D) effects on new venture creation are insignificant. It was also observed from the results that the impact of R&D on industrialization in Russia is significant, while the effects of FDI and the impact of private sector investment on industrialization in Russia is insignificant. We have fund that the effect of FDI and the impact of private sector investment on the economic growth of Russia is significant. In contrast, the impact of R&D is insignificant to the economic growth of Russia. The study is of great significance as it has raised the importance of R&D for industrialization, FDI, and PSI for economic growth and new venture creation for developing countries.

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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The Role of Academic Entrepreneurs and the Venture Business Supporting Model (학술적 기업가의 벤처기업 창업활동 지원 모델)

  • Kim, Jai-Myung
    • Korean Business Review
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    • v.13
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    • pp.223-246
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    • 2000
  • The major entity supplying the supporting infrastructure of the venture creation is the venture capitalists, university(and research center), and government. Especially, the role of the university and academic entrepreneurs is the key factor in the process of the technology transfer. The capacity(or role) of the academic entrepreneurs to craft a vision, and then to lead, inspire, and persuade key members makes an enormous difference between success and failure. And the supporting model of academic entrepreneurial venture creation requires that the systematic supporting system as well as the institutional framework for handling the conflicts among the members of a committed venture team. Among the a variety of organization, the university needs to supply the, formal supporting program such as technology transfer, university-industry cooperation, venture development, and the perception of the mere presence of policies and programs designed to encourage entrepreneurial activities for fostering economic development. Besides, careful consideration must be given to the role universities should play in the regional economy and what policies are appropriate to allow it to play that role effectively. On the basis of the above literature review results, this article suggests the supporting model for the venture creation by the strategic alliance composed of the industry, university, and government considering both of the entities's role and the motives of academic entrepreneurs in venture creating process.

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An Analysis of the Intellectual Structure of Venture-Creation Studies to build an Entrepreneurship Ontology (창업 온톨로지 구축을 위한 벤처창업 연구의 지식구조 분석)

  • Sim, Jae-Hu;Choi, Myeonggil
    • Knowledge Management Research
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    • v.14 no.4
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    • pp.75-86
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    • 2013
  • The deeping interests and research toward Entrepreneurship, which is considered as an potential alternative for solving the continuing economic recession in the $21^{st}$ century, have grown. The process and methodology of the research could not be systematically arranged and the results of the research lack in efforts on the application of increasing suceess ratio in starting new business. This study adopted corpus methodology, through which we try to analyzes the knowledge structure in entrepreneurship research, derive essential concepts and the consisting domains in venture research. Based on the results of analysis, this study constructs the knowledge structure of venture research in a form of knowledge ontology. The results of the study could be a ground for entrepreneurship research and utilized as implication for a creation of construction for the entrepreneurship knowledge ontology.

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The Role of Venture Capital in the Creation of New Venture Firms: Time-series Analysis in the Context of South Korean Industries (창업투자회사의 벤처 기업 창출 기여에 관한 시계열 분석)

  • Kim, Taekyung
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.9 no.6
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    • pp.101-108
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    • 2014
  • The creation of new venture firm has been regarded as a key of creating more job opportunities and discovering new value engines for various industries. It is positively expected that venture capitals play an important role of supporting the process. Nevertheless, there is a scant of research efforts to analyze empirical data for understanding cross-correlations between investment of venture capital and new venture foundation. To fill the gap, this study investigated sets of time-series data from 1998 to 2014 in the context of South Korean economy. The results reveal that venture capitals have contributed significantly to the quantitative increase of venture firms. In addition, the findings show that the creation of new venture fails to yield a direct impact on resolving young unemployment problems in short term. The paper contributes to the research community on new venture foundation by providing insightful views.

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