환경, 전략 및 조직특성의 변화와 벤처기업의 성과변화 = Performance Changes of High-Tech Ventures: A Longitudinal Analysis

다국어 초록 (Multilingual Abstract)

This research purports to examine the relationship between changes in performance and changes concerning environmental, strategic and organizational aspects through a longitudinal study of Korean high-tech ventures before and after the IMF bailout programs. We developed a research model as well as a set of hypotheses by examining the previous studies. Longitudinal data were collected from 74 venture firms in two periods (1994-1996 and 1997-1999) to test the hypotheses. On the basis of collected data, we analysed how environmental, strategic and organizational factors are related to performance changes of ventures. The findings of this study are summarized as follows: 1) Performance changes of ventures were significantly related to favorable cost and technology transfer after the IMF-bailout program. 2) Performance changes of ventures were significantly related to strategies such as cost leadership, marketing differentiation, and external resource utilizing strategy. 3) Although the model 111 was low, it was shown that performance changes of ventures were related to organizational structure such as classification.