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Entrepreneurial orientation, entrepreneurial education and performance
Asia Pacific Journal of Innovation and Entrepreneurship Pub Date : 2018-08-13 , DOI: 10.1108/apjie-05-2018-0028
Yun Hee Cho , Joo-Heon Lee

Korean economy is demanding to change from an industrial society to an entrepreneurial society. It is asking for a generational change from the preexisting paradigms of such as labor consciousness, the concept of work and company management. Entrepreneurship is one of the key elements that will lead to a successful business performance under highly uncertain business conditions. The purpose of this paper is to examine the relationship between entrepreneurial orientation and business performance. Also, the authors look for the role of entrepreneurship education in the influence of entrepreneurial orientation on financial and nonfinancial business performance.,To accomplish the purpose of this study, the authors carried out a survey targeting nascent entrepreneurs and total early-stage entrepreneurs with less than seven years of experience. Based on the Miller’s (1983) definition, a group of questions for entrepreneurial orientation, similar to Covin and Slevin (1989), were developed.,First, among the subfactors of entrepreneurial orientation, it was clear that innovative progressiveness affected nonfinancial business performance. Second, risk-taking propensity did not influence both financial business performance and nonfinancial business performance. Third, entrepreneurship education had no connection with entrepreneurial orientation or business performance.,Nonfinancial business performances are related with long-term goals and growth potential. Innovative proactiveness affects nonfinancial business performance. Thus, entrepreneurs should look for ways to promote their innovative proactiveness. Entrepreneurship education for experienced entrepreneurs is not as effective as that for students.,In the authors’ study, survey questionnaires were sent to 200 nascent and total early-stage entrepreneurs searching for business angel investments or entrepreneurship consultants in Korea. A total of 180 entrepreneurs answered the survey questions online. There are not so many valid studies examining the effect of entrepreneurship education for nascent and total early-stage entrepreneurs in Korea.

中文翻译:

创业方向,创业教育和绩效

韩国经济要求从工业社会转变为企业家社会。它要求从先前存在的范例(如劳动意识,工作理念和公司管理)中进行代际变革。创业精神是在高度不确定的业务条件下成功实现业务绩效的关键要素之一。本文的目的是研究创业导向与企业绩效之间的关系。此外,作者还探讨了企业家精神教育在企业家取向对财务和非财务业务绩效的影响中的作用。为了实现本研究的目的,作者针对新生创业者和总创业者进行了调查。超过七年的经验 根据米勒(1983)的定义,提出了一系列关于企业家取向的问题,类似于Covin和Slevin(1989)。首先,在企业家取向的子因素中,很明显,创新的进取性会影响非金融业务绩效。其次,冒险倾向并没有影响金融业务绩效和非金融业务绩效。第三,创业教育与创业方向或业务绩效无关。非金融业务绩效与长期目标和增长潜力有关。创新的主动性会影响非财务业务绩效。因此,企业家应该寻找方法来提高他们的创新积极性。对有经验的企业家的创业教育不如对学生有效。在作者的研究中,调查问卷被发送给200个新生和全部早期的创业者,他们在韩国寻找商业天使投资或创业顾问。共有180位企业家在线回答了调查问题。在韩国,没有多少有效的研究来检验创业教育对新生和全面早期创业者的影响。
更新日期:2018-08-13
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