Effects of System Management on Value Creation and Global Growth in Born Startups: Focusing on Born Startups in Korea
| Autor: | Ju Gyeong Park, Rok Lee, Sung Hyeon Park |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2020 |
| Předmět: |
Entrepreneurship
lcsh:Management. Industrial management Sociology and Political Science born startup value creation system management lcsh:Business Development computer.software_genre Systems management 0502 economics and business Global network ddc:650 050207 economics global growth Industrial organization Value creation 05 social sciences lcsh:HD28-70 Capital (economics) Market orientation Value (economics) Support system Business lcsh:HF5001-6182 General Economics Econometrics and Finance computer 050203 business & management |
| Zdroj: | Journal of Open Innovation: Technology, Market, and Complexity Volume 6 Issue 1 Journal of Open Innovation: Technology, Market and Complexity, Vol 6, Iss 1, p 19 (2020) |
| ISSN: | 2199-8531 |
| DOI: | 10.3390/joitmc6010019 |
| Popis: | This study is intended to determine the effects of system management on value creation and global growth in born startups. To achieve this, a survey was empirically carried out on 300 owners in born startups with less than five years&rsquo experience. The findings are as follows. First, entrepreneurship, operation system, and support system as sub-variables of system management have a positive effect on value creation. Second, entrepreneurship and operating system have no significant effect on global growth, but the support system has a significant effect on global growth. Third, value creation has no significant mediating effect on global growth, which means that owners&rsquo entrepreneurship can boost value creation as a corporate systematic operation when they have globally-oriented thinking, relationships through global network organization, the expertise of business, and some level of capital. In particular, their capability and expertise can be drivers to enter early global growth companies through value creation. Consequently, for the early value creation and global growth of born startups, they should recognize that system operation and value creation-oriented corporate global experience, due to their entrepreneurship as international companies under global market orientation, are key variables affecting a global born startup, and thus reflect them in management. |
| Databáze: | OpenAIRE |
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