Áß¼Ò±â¾÷¿¬±¸ 42±Ç 4È£ (2020³â 12¿ù)
¾Æ·¡³í¹®Áß¿¡¼­ ÁÖÁ¦ ¶Ç´Â ÃʷϺ¸±â¸¦ Ŭ¸¯ÇÏ½Ã¸é ³í¹®ÃÊ·ÏÀÇ ³»¿ëÀ» ¹Ì¸®º¸±â ÇϽǼö ÀÖ½À´Ï´Ù.
Critical Review of the Literature on International Business of Small/Medium-sized Enterprises and Venture Companies: Analysis on the Publication of ¡°Asia Pacific Journal of Small Business
  • - Ki Hwan Kwon (Sangmyung University)
  • - Ji Yeon Yang (Suwon University)
  • - Won Yong Choi (Sangmyung University)
[Abstract]
Since its inception in 1979, 174 research papers on international business have been published in ¡°Asia Pacific Journal of Small Business.¡± In this paper, those literatures on international business of small/medium-sized enterprises and venture companies were reviewed and critically assessed. In this respect, research papers on international business were analyzed in the order of author, publication year, detailed research area, research method and main arguments and implications. Based on the data, this paper summarizes how frequently international business papers have been published, what detailed topics of international business have been covered, what research methods have been adopted, and which of the papers in each detailed research area of international business have special meanings. In addition, based on the results of analysis, this paper also drew suggestions on what efforts and changes should be made in future researches on international business activities of small/medium-sized enterprises and venture companies.
An Overview on Features of Research Topics in the Asia Pacific Journal of Small Business (APJSB) for 40 Years
  • - Sanghee Kim (University of Seoul)
  • - Choonwoo Lee (University of Seoul)
[Abstract]
This study analyzed the papers provided by Asia Pacific Journal of Small Business (APJSB) for 40 years. The purpose of this study is looking at the research trends about small and medium business. We tried to identify some stream and feature without manipulation. Textmining and Frequency analysis are uted on topics of every published paper in APJSB to 2019 from 1979. The result suggest that important keyword and feature of research topics in APJSB. And the result show the period feature as well as the whole of research trend in APJSB for 40 years. Futhermore, we suggest some implications derived from the results by adapting business ecosystem model and business managerial system model.
Exploring A Research Trend on Entrepreneurial Ecosystem in the 40 Years of the Asia Pacific Journal of Small Business for the Development of Ecosystem Measurement Framework
  • - Ribin Seo (POSTECH)
  • - Kyung Cheol Choi (Hanyang University)
  • - Youngjo Byun (Hanbat National University)
[Abstract]
Shedding new light on the research trend on entrepreneurial ecosystems in the 40-year history of the Asia Pacific Journal of Small Business, this study aims at exploring a potential measurement framework of ecological inputs and outputs in an entrepreneurial ecosystem that promotes entrepreneurship at geographical and spatial levels. As a result of the analysis of research on the entrepreneurial ecosystem in the journal, we found that prior studies emphasized the managerial importance of various ecological factors on the premise of possible causalities between the factors and entrepreneurship. However, empirical research to verify the premised causality has been underexplored yet. This literature gap may lead to unbalanced development of conceptual and case studies that identify requirements for successful entrepreneurial ecosystems based on experiential facts, thereby hindering the generalization of the research results for practical implications. In that there is a growing interest in creating and operating productive entrepreneurial ecosystems as an innovation engine that drives national and regional economic growth, it is necessary to explore and develop the measurement framework for ecological factors that can be used in future empirical research. Hereupon, we apply a conceptual model of 'inputoutput outcome impact' to categorize individual environmental factors identified in prior studies. Based on the model. We operationalize ecological input factors as the financial, intellectual, institutional, and social capitals, and ecological output factors as the establishment-based, innovation-based, and performance-based entrepreneurship. Also, we propose several longitudinal databases that future empirical research can use in analyzing the potential causality between the ecological input and output factors.
The proposed framework of entrepreneurial ecosystems, which focuses on measuring ecological input and output factors, has a high application value for future research that analyzes the causality.
Technological Innovation and SMEs: Review on 40 Years of Research and Future Directions
  • - Sangmoon Park (Kangwon National University)
  • - Shinhyung Kang (Chungnam National University)
  • - Sun-Young Kim (Hansung University)
[Abstract]
This study investigates the research trends of SMEs and technological innovations in the last 40 years. Research topics and methodological trends were analyzed for 114 academic papers deals with technology innovation in SMEs. In terms of research subjects, there have been interested in the technology capability and technology accumulation of SMEs in the 1990s, but after the 2000s, research on external open innovation and innovation performance has increased. The empirical analysis studies using primary or secondary data were dominated since the 2000s.
We suggest some future research directions, more systematic innovation processes in SMEs, the interactions between technology innovation and external environments, and advanced methodologies on SMEs¡¯ technology innovation studies.
The Earnings Quality and Firm Characteristics – KOSDAQ
  • - Hyun-Ju Moon (Sunmoon University)
[Abstract]
This study, targeting KOSDAQ-listed companies, examined the relationship between variability of accruals and corporate characteristics. First, the analysis results show that utives of companies with high debt ratios are more likely to violate debt contracts, so there is a strong temptation to use discretionary accrual items. Second, for companies with large volatility in operating cash flows, utives of these companies are strongly inclined to utilize accruals for the purpose of abuse of discretion. Third, the larger the company, the more sensitive it is to political costs, so it is less tempted to use the accruals item than a smaller company.
Fourth, the corporate age is thought to be the maturity of the company, utives of such companies have little room to use accruals to abuse their discretion. Fifth, in the case of profit dummy variables, the companies reporting losses have more temporary accrual items than those reporting profits, so this increases the uncertainty in their accounting information than the latter. Sixth, for those companies that are indicated as inappropriate as a result of audit, the more likely their utives are to use the accrual items, and the lower the quality of their accounting profits is.
Lastly, Companies audited by 4 Big domestic accounting firms have less discretionary accrual fluctuations than companies audited by non-big 4 accounting firms.
Thus, it was found that the accrual amount allows the discretion of corporate utives differently according to the characteristics of the company.
A Study on Determinants of R&D Efficiency of Technology-Innovation SMEs: Considering the Moderating Effect of CEO¡¯s Competency
  • - Soo-Jin Jeon (PUKYONG National University)
  • - Jae-Bum Hong (PUKYONG National University)
[Abstract]
This study presents the determinants of R&D efficiency as the focus on CEO¡¯s competency, which influences R&D competency and R&D efficiency. The research samples are 6,708 technology-innovation small and medium-sized enterprises (SMEs). The independent variable is the R&D competency(existence of R&D organization, level of R&D personnel, R&D personnel management, R&D investment), the dependent variable is R&D efficiency. The moderator is the CEO¡¯s competency(experience level in its own industry, technical knowledge level, technology management strategy, management ability). R&D efficiency measures the relationship between inputs(level of R&D personnel, R&D investment) and outputs(patent applications, prototype) by the DEA. and the determinant analysis uses Tobit regression.
As a result of the analysis, the existence of R&D organization and R&D personnel management is positively significant, level of R&D personnel and R&D investment is negatively significant for R&D efficiency. The moderating effect of CEO¡¯s competency on the relationship between the R&D competency and R&D efficiency is significant determinants of CEO¡¯s experience(experience level in its own industry, technical knowledge level) and technology management strategy. The finding is to measure the efficiency of R&D performance, and to analyze its determinants as the moderating effect of CEO¡¯s competency, using the technology appraisal data. In the conclusion session, the limitations of the research and future research directions were discussed.
Researching Internal and External Stakeholder Orientation of Sustainable Supply Chain Management
  • - Gyeong Mook Kim (Duksung Women¡¯s University)
[Abstract]
Interest in sustainable management based on the stakeholder perspective is expanding not only within an organization but also across the supply chain. For large companies that have established networks, sustainability management of the supply chain is now a factor that not only determines the social performance of the company as a whole, but also determines its long-term competitive position. Despite these changes in the business world, especially the proliferation of the sustainable supply chain management (SSCM) system, systematic research on SSCM has been lacking. In particular, there was a lack of empirical analysis on which factors promoted the establishment of the SSCM system for large companies and what¡¯s the effects of SSCM. In this regard, this study analyzes ¥¡) the impact of the social responsibility pressure of customers as external stakeholders and the CSR orientation of purchasing managers as internal stakeholders on supply chain transparency and partnership cooperation respectively, and ¥¢) whether supply chain transparency and partnership cooperation can enhance corporate reputation.
The samples used in this study were 69 large companies representing Korea. The results showed that the social responsibility pressure of customers and the purchasing manager's CSR orientation were positively related to the transparency of the supply chain. However, for partnership cooperation, only the purchasing manager's CSR orientation was found to have a positive and significant effect. Meanwhile, both supply chain transparency and partnership cooperation were positively related to the corporate reputation. At the end of the study, discussions on the implications of the results and future research directions will be presented.
An Empirical Study on the Supply Chain Collaboration of Social Economy Organizations and Performance
  • - Sangsun Park (Sungkonghoe University)
  • - Jiho Park (Sungkonghoe University)
  • - Joonkyum Lee (Sogang University)
[Abstract]
This study investigates the impact of supply chain collaboration on performance in social economy in Korea. Collaboration is an effective method to overcome the disadvantages of newness and smallness of domestic social economy organizations. Nevertheless, most research on social economy examined conceptual relationship between collaboration and performance. Hence, this study focuses on empirically demonstrating the relationship between supply chain collaboration and performance in social economy. We identify two steps of supply chain collaboration structure, i.e., collaboration culture and collaboration implementation, and establish a research model to analyze the impact of collaboration of social economy organization on performance. Based on responses to a survey of 99 social economy organizations, we test the hypotheses in the theoretical model using PLS structural equation modeling.
The result shows that both the effect of collaboration culture on collaboration implementation and the effect of collaboration implementation on performance are significant. This study contributes to the social economy literature by empirically investigating the impact of collaboration in social economy organizations on performance based on supply chain theories, and by expanding the application scope of supply chain theories to social economy organizations.
Perception Survey about SMEs Employment of University Students in Chungbuk Area: Based on Text-mining
  • - Dabin Choi (Chungbuk National University)
  • - Wooseok Choi (Chungbuk National University)
  • - Sanghyun Choi (Chungbuk National University)
  • - Junghwan Lee (Chungbuk National University)
[Abstract]
This study surveyed the perception of university students about employment in Small and Medium-sized Enterprises(SME) in the Chungbuk area to prepare improvement measures. In particular, the data were collected in descriptive questions along with the existing survey methods, and the perception of SME and decent work was identified using text-mining.
As a result of the analysis, there are positive perceptions of jobs at SME such as various work experiences and low job competition rates, while there are generally many negative perceptions in pay, work and welfare. However, as a result of co-occurrence network analysis of responses to decent jobs, 'Information' was derived as a keyword. Currently, college students' negative perception of SME is affected by the lack of sufficient information, which needs to be improved first. To solve this problem, it was proposed to establish and operate a platform that can provide information on employment of SME and necessary personnel.
A Study on the Policy Direction for the Introduction and Activation of Smart Factories by Korean SMEs
  • - Yong-Gyu Lee (Gimcheon University)
  • - Chan-Kwon Park (Kyungpook National University)
[Abstract]
The purpose of this study is to provide assistance to the establishment of related policies to improve the level of acceptance and use of smart factories for SMEs in Korea. To this end, the Unified Technology Acceptance Model (UTAUT) was extended to additional factors that could affect the intention to accept technology, and to demonstrate this. To achieve the research objective, a questionnaire composed of 7-point Likert scales was prepared, and a survey was conducted for manufacturing-related companies. A total of 136 questionnaires were used for statistical processing. As a result of the hypothesis test, performance expectation and social influence had a positive (+) positive effect on voluntary use, but effort expectation and promotion conditions did not have a significant effect. As an extension factor, the network effect and organizational characteristics had a positive (+) effect, and the innovation resistance had a negative effect (-), but the perceived risk had no significant effect. When the size of the company is large, the perceived risk and innovation resistance are low, and the level of influencing factors for veterinary intentions, veterinary intentions, and veterinary behaviors are excluded. Through this study, factors that could have a positive and negative effect on the adoption (reduction) of smart factory-related technologies were identified and factors to be improved and factors to be reduced were suggested. As a result, this study suggests that smart factory-related technologies should be accepted.
An Analysis on the Factors Affecting University Startups
  • - Jongwoon Kim (Hannam University)
[Abstract]
This paper analyzes the factors which affect University professors and students on their startup activities, such as (a) University factors: their industrial cooperation organization and systems, their resources for startup support, their knowledge assets, and (b) socioeconomic characteristics in which Universities are located. We used the data and information from the University Information System and the National Statistical Office Publication to analyze 157 4-year Universities in Korea who uploaded their startup-related information on the system.
Our analysis shows that Universities' systems, such as the term for Professors' leave of absence for startup activities, and their amount of knowledge assets affect the number of Professor startups significantly positively, while there is no significant effect on their performance, in terms of sales, from those factors, except for the amount of patents that the University has. In the meantime, the number of practical startup courses, the number of startup clubs, and the number of professor startups in the University affect the number of student startups, while the size of industrial cooperation body, the amount of knowledge asset, the area's socioeconomic characteristics didn't affect their performance. The result implies that we need to take different approaches to boost University professor startups and their student startups: better system and more knowledge for the former, more practical courses and programs for the latter.
Further study is needed to get a more robust result because this analysis used only one year data, and personal trait data was not included in the analysis. A panel data analysis for several years is recommended for further research.
Signaling Effects of Government Support on Investment Attraction of Technology-based Start-ups: An Empirical Study of a Hurdle Model
  • - Kang Ho Bong (Konkuk University)
  • - Jihun Kwon (Ministry of Science and ICT)
  • - Kyu-Tae Kim (Yonsei University)
[Abstract]
There often is information asymmetry between start-ups and the investors, which is because start-up companies in the early stages do not have track records. Meanwhile, since the government grants programs go through a fair and the intense competition process, the government grants can provide a more objective information for start-ups in the early stages and perform a signal function that guarantees a company's capabilities and potential. This study confirms the quantitative relationship between government grants and investment attraction by using the hurdler model.
We found that, although there is the proportionate relationship between the scale of government grants and that of external funds, more than a certain amount of government grants is required for technology-based start-ups to exceed the stage of attracting their first external funds. Our findings suggest that it is necessary to consider the hurdles structure in the study of signaling theory perspective, as the mechanisms for determining whether or not to attract external funds are different from determining the level of external funds. In addition, differentiated policy support is needed to help early-stage technology start-ups go beyond the threshold of investment attraction¡ªthe creation of a ¡®threshold effect'.