A Study on the Globalization Types of Korean Venture Firms

LeeJaeSeok,; Kim, Hann-Earl; Lee, Sang-Myung

doi:10.21739/ibr.2017.09.21.3.155

Cited by 1 publication

(4 citation statements)

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“…Due to their smaller size, venture companies, often considered thieves or early-stage entities, expect to generate substantial profits through groundbreaking innovations. These companies willingly embrace high risks, and when successful, they possess the potential to grow into large corporations (Allen & Hevert, 2007;Lee et al, 2017).…”

Section: Discussionmentioning

confidence: 99%

“…While financial assistance can benefit genuinely needy ventures, irresponsible funding is often extended without consideration, even for ventures lacking unique ideas. Encouraging college students to start ventures can result in unnecessary duplication and misuse of public funds, causing harm rather than fostering responsible ventures (Kang & Bae, 2016;Lee et al, 2017).…”

Section: Indiscriminate Startup Support By the Governmentmentioning

confidence: 99%

“…Despite ongoing investigations into the credit ratings of top executives of venture firms, a notable distrust exists regarding their management capabilities. The fact that many top executives in venture firms come from engineering backgrounds highlights a deficiency in human resources (Basu et al, 2011;Lee et al, 2017).…”

Section: The Fragility Of the Venture Business Environmentmentioning

confidence: 99%

“…The degree of cooperation in regional development becomes a defining factor in this context. Legal measures necessary for installing environmental protection facilities should strictly adhere to relevant laws and regulations to prevent complications (Timmons, 1994;Lee et al, 2017).…”

Section: Critical Success Factors For Venture Businessesmentioning

confidence: 99%

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Navigating Opportunities and Challenges: A Comprehensive Study of Venture Companies' Strategies and Competitiveness

Gu Kang

2024

IJBMS

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To establish a competitive position in the era of relentless competition, the enduring secrets of venture companies lie in continuous technological innovations and ground breaking ideas. The categorization of strategic types and groups derived from the strategic dimensions of venture firms is expected to provide valuable insights for aspiring new entrants into the venture industry. This study examines the managerial shortcomings and financial constraints faced by venture firms in existing research, aiming to identify the core competitiveness of these firms by scrutinizing government support for start-ups and the challenges venture companies encounter in their interactions with large corporations. Additionally, the research analyzes the factors contributing to the failure of venture firms and examines the successful strategies employed by successful venture companies, endeavoring to address various challenges and illuminate success strategies through the perspective of successful ventures.

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Section: Discussionmentioning

confidence: 99%

Section: Indiscriminate Startup Support By the Governmentmentioning

confidence: 99%

Section: The Fragility Of the Venture Business Environmentmentioning

confidence: 99%

Section: Critical Success Factors For Venture Businessesmentioning

confidence: 99%

See 2 more Smart Citations