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Author
Choi Youngkeun (Sangmyung University)
Title
How Korean Venture Capitals Invest In New Technology Ventures
Source
Journal of Entrepreneurship, Management and Innovation (JEMI), 2013, vol. 9, nr 3, s. 79-96, tab., bibliogr. 65 poz.
Issue title
Entrepreneurial Orientation and Opportunities
Keyword
Venture capital, Nowe technologie
Venture capital, High-tech
Note
streszcz., summ.
Country
Korea Południowa
South Korea
Abstract
Niniejszy artykuł bada, jakiego rodzaju zewnętrzne wsparcie jest pomocne dla inwestycji typu venture capital oraz dla rozwoju przedsięwzięć dotyczących nowych technologii. Praca ta korzysta z teorii sygnalizacji oraz metodologii wielokrotnej regresji oraz analizy przetrwania, wykorzystując dane panelowe dotyczące przedsięwzięć powstałych w Korei. Wyniki pokazują, że współpraca z grupami biznesu oraz poświadczenie przez rząd mają pozytywny wpływ na przyciągnięcie inwestycji typu venture capital, które przyspieszają wzrost przedsięwzięć dotyczących nowych technologii. Praktyczna implikacja dla przedsiębiorców jest taka, że potrzebują oni uzyskać strategiczne wsparcie od grup biznesu oraz rządu. (abstrakt oryginalny)

In the entrepreneurship field, this study examines what kinds of externa I endorsements are helpful for venture capitals investment and the growth of new technology ventures in developing countries. This study uses the signalling theory and the methodologies of multiple regression and survival analysis with the panel data of the ventures in Korea. In the results, collaboration with business groups and certification of government are positively influential in attracting venture capitals' investment, which accelerate the growth of new technology ventures. The practical implication for entrepreneurs is that they need to obtain the endorsement from business groups and governments strategically. (original abstract)
Accessibility
The Library of University of Economics in Katowice
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ISSN
2299-7075
Language
eng
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