The Success Factors of Korean Global Start-Ups in the Digital Sectors Through Internationalization

Yin, Wenyan; Moon, Hwy‐Chang; Lee, Yeon W.

doi:10.1007/s42943-019-00003-2

Cited by 19 publications

(12 citation statements)

References 17 publications

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“…Therefore, the results show that with basic minimum education, these founders are likely to exploit entrepreneurial opportunities. Similar results were noted by Yin et al (2019) as well as by Ahn and Kim (2019) based on their assessment of performance of technology-based start-ups in Korea.…”

Section: Resultssupporting

confidence: 84%

An Assessment of Competitiveness of Technology-Based Startups in India

Satyanarayana¹,

Chandrashekar

Subrahmanya

2021

JGBC

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This paper examines the role played by the entrepreneurial, firm-specific and external environment-related parameters in impacting the competitiveness of Indian high-tech start-ups, considering start-up survival as a milestone and using survival analysis techniques for the analysis. The study uses primary data collected from 175 Indian high-tech start-ups that are headquartered across the country, using a semi-structured questionnaire and in-depth interviews with the top-level management of the sample firms for analysis. Among the firm-related factors, sales and R&D capabilities of the start-ups have shown to be of paramount importance in influencing the competitiveness of high-tech start-ups. Further, among the external environment-specific attributes, the SDP growth in the region is shown to have significant influence on the competitiveness of high-tech start-ups (borderline significant). This paper makes a key contribution to the existing literature by empirically identifying the key entrepreneur-specific, firm-specific and external environment-specific factors of a firm that influence the competitiveness of high-tech start-ups that are in pre-growth stage in a developing economy. The findings of the study will help start-up owners and policy-makers to make adjustments in their policy-making and strategy to enhance the competitiveness of the technology-based startups operating in India.

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Section: Resultssupporting

confidence: 84%

An Assessment of Competitiveness of Technology-Based Startups in India

Satyanarayana¹,

Chandrashekar

Subrahmanya

2021

JGBC

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“…In addition to technical skills, a good set of strategies is needed. Research has shown (Yin et al 2019) that scaling and global strategy are important for Korean start-ups. Two methods were used to analyze the success factors of fast-growing Korean start-ups, namely the ABCD model (agility, benchmarking, convergence, dedication) and the global value chains (GVC) strategy.…”

Section: Start-up Strategizingmentioning

confidence: 99%

“…The ABCD model (Yin et al 2019) is also a consequence of the limitations of the planned strategy and the necessity to let room for an unplanned, emergent, or action strategy. It is a strategy based on agility (rapid change to increase competitiveness), on comparison with the best companies in the industry (benchmarking, lessons learned from industry best practice), on convergence (combination of external and internal resources to increase competitive advantage), and on dedication, enthusiasm, and diligence.…”

Section: Start-up Strategizingmentioning

confidence: 99%

Strategic Background of the Start-Up—Qualitative Analysis

Slávik

Hudakova

Procházková

et al. 2022

Administrative Sciences

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A start-up is a relatively new and attractive entrepreneurial form that is being explored in a broader national economy and industry context. However, there is little knowledge about its strategy, which is mainly represented by the business development strategy. The main goal of the research is to deepen and expand knowledge about the strategic background of start-ups, which is preparation and condition for a development strategy and later a business strategy, too. The partial goals of the research are in-depth and detailed knowledge of the content and novelty of the business idea, the quality of the internal environment of the start-up, the nature of the external environment of the start-up, and the content of the goals. The research sample contains 147 start-ups operating in Slovakia. Each start-up was researched by a member of the research team, who personally recorded the statements of the founder. The research results are based on qualitative analysis and synthesis of statements of the founders of start-ups. The main result of the research is a summary view of the strategic background of the examined start-ups, which expresses the peculiarities of the start-up business making and documents the possibilities and motives of the start-up’s strategizing. The summary of knowledge about the strategic background of the start-up is synthesized into a strategic balance sheet, which expresses the strategic perspective of the start-up, the possibilities of survival, explains the potential failure, and provides a solution to the identified imbalance. The practical use of the results consists of providing a model of the strategic balance, which is the result of field research of real and functioning start-ups. The originality and value of the research lie in the direct collection of qualitative data, immediate knowledge of business reality, and the synthesis of results into a comprehensive and at the same time detailed picture of the strategic background of the start-up.

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“…According to the RBV theory, the availability of resources and capabilities influence the firm's success in technology management and competitive advantage (Shee et al 2011;Wade and Hulland 2004). The RBV framework is limited in its scope for explaining the successful technology management of firms with lesser availability of resources (Yin et al 2019). The dynamic capability is based on the firm's capabilities development for responding to the changing environmental conditions (Teece et al 1997).…”

Section: Theoretical Underpinnings Of Ba Adoptionmentioning

confidence: 99%

Business Analytics Adoption in Firms: A Qualitative Study Elaborating TOE Framework in India

Kumar

Krishnamoorthy

2020

JGBC

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The adoption of business analytics (BA) in emerging countries, such as India is growing significantly over the last few years. However, the research on technological capabilities and BA adoption is scant in the context of emerging countries. There is a need to understand the capabilities needed for managing BA technology in organizations in India. The purpose of this study is to investigate the factors influencing BA adoption in firms in India. The study is based on the TOE (technological, organizational, environmental) framework in combination with perceived benefits of BA adoption. The study uses thematic content analysis of the primary data collected through semi-structured interviews from senior management personnel's in organizations. Some of the major factors validated from this study are perceived benefits, organizational data environment, technology assets, and competitive pressure. The study finds data quality and human resources competency with BA skills as specific challenges for organizations in India. The findings of this study can be useful for the organizations to develop their BA practices to differentiate from the competition. This study contributes to the existing knowledge on BA adoption and would facilitate future researches on higher level BA capabilities on the elements of management of technology (MoT) framework.

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The Success Factors of Korean Global Start-Ups in the Digital Sectors Through Internationalization

Cited by 19 publications

References 17 publications

An Assessment of Competitiveness of Technology-Based Startups in India

An Assessment of Competitiveness of Technology-Based Startups in India

Strategic Background of the Start-Up—Qualitative Analysis

Business Analytics Adoption in Firms: A Qualitative Study Elaborating TOE Framework in India

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