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    신생 창업동기와 성장의도에 관한 실증적 연구 = An Empirical Study on the Nascent Start-up Motivations and Growth Intentions

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    https://www.riss.kr/link?id=A103821294

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    다국어 초록 (Multilingual Abstract) kakao i 다국어 번역

    Expectancy Theory(Vroom, 1964), saying that all behaviors of an individual depend rationally on the perceived likelihood and the desirabilities of outcomes, has been one of main theoretical frameworks(Ambrose and Kulik, 1999) explaining human motivations in real job settings in the past 20 years, and currently is coming newly into the spotlight as practical and cognitive behavioral theory to induce successful activities (Edelman, Brush,Manolova, and Greene, 2010). Expectancy Theory has an efficient architecture capable of identifying easily individual’s subjective decision making processes by effort-performance outcome frame and a third party’s intervention or socio-economic environment creation in the processes. In this study, the effects of entrepreneurial expectancy on start-up outcome satisfaction mediated by the start-up activities and growth intentions was researched.
    For the purpose of this study, a questionnaire survey was conducted of 286 venture and small/medium business entrepreneurs in Seoul and the metropolitan area, South Korea, and their responses were empirically analyzed using structural equation modeling. The results of this analysis are summarized as follows. First, entrepreneurs believe the likelihood of successful start-up will increase if they make the best use of their own skills, expertise and experiences and support organizations make efforts to improve entrepreneurs’ abilities and problem- solving strategies. Second, entrepreneurs perceive start-up activities and growth intentions as one of important means to achieve their own goals in life. Third, entrepreneurs consider as important entrepreneurial goals, the six elements of start-up outcome satisfaction including self-realization, financial success, independence, innovation, role, and recognition – especially, self-realization and innovation. This suggests advanced country type entrepreneurial motivations, as commonly seen in the course of transition from factors-and efficiency-driven economy type start-up to innovation-driven economy type start-up. Finally, it was found that there are predominant preferences of opportunitybased start-up pursuing firmly growth, to necessity-based ones.
    In this study, it was ascertained that study scope could be expanded from the field of organizational behavior regarded conventionally as the exclusive area of Expectancy Theory, to the field of start-up activities in which planned behaviors are emphasized. In addition, it paves the way to provide necessary information for entrepreneurial support organizations to propose effective alternatives for start-up and growth supports in consideration for individual’s abilities, desires, values and circumstances in the process of motivation. The author earnestly hope that this study makes a great contribution to the both academic development and the practical improvement, in the light of combining start-up activities with the construct of Expectancy Theory that show the processes in which entrepreneurs make start-up related decisions on the basis of entrepreneurial likelihood and start-up outcome satisfaction, the parties concerned in start-up intervene appropriately during motivation, and favorable circumstances for start-up are created.
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    Expectancy Theory(Vroom, 1964), saying that all behaviors of an individual depend rationally on the perceived likelihood and the desirabilities of outcomes, has been one of main theoretical frameworks(Ambrose and Kulik, 1999) explaining human motivati...

    Expectancy Theory(Vroom, 1964), saying that all behaviors of an individual depend rationally on the perceived likelihood and the desirabilities of outcomes, has been one of main theoretical frameworks(Ambrose and Kulik, 1999) explaining human motivations in real job settings in the past 20 years, and currently is coming newly into the spotlight as practical and cognitive behavioral theory to induce successful activities (Edelman, Brush,Manolova, and Greene, 2010). Expectancy Theory has an efficient architecture capable of identifying easily individual’s subjective decision making processes by effort-performance outcome frame and a third party’s intervention or socio-economic environment creation in the processes. In this study, the effects of entrepreneurial expectancy on start-up outcome satisfaction mediated by the start-up activities and growth intentions was researched.
    For the purpose of this study, a questionnaire survey was conducted of 286 venture and small/medium business entrepreneurs in Seoul and the metropolitan area, South Korea, and their responses were empirically analyzed using structural equation modeling. The results of this analysis are summarized as follows. First, entrepreneurs believe the likelihood of successful start-up will increase if they make the best use of their own skills, expertise and experiences and support organizations make efforts to improve entrepreneurs’ abilities and problem- solving strategies. Second, entrepreneurs perceive start-up activities and growth intentions as one of important means to achieve their own goals in life. Third, entrepreneurs consider as important entrepreneurial goals, the six elements of start-up outcome satisfaction including self-realization, financial success, independence, innovation, role, and recognition – especially, self-realization and innovation. This suggests advanced country type entrepreneurial motivations, as commonly seen in the course of transition from factors-and efficiency-driven economy type start-up to innovation-driven economy type start-up. Finally, it was found that there are predominant preferences of opportunitybased start-up pursuing firmly growth, to necessity-based ones.
    In this study, it was ascertained that study scope could be expanded from the field of organizational behavior regarded conventionally as the exclusive area of Expectancy Theory, to the field of start-up activities in which planned behaviors are emphasized. In addition, it paves the way to provide necessary information for entrepreneurial support organizations to propose effective alternatives for start-up and growth supports in consideration for individual’s abilities, desires, values and circumstances in the process of motivation. The author earnestly hope that this study makes a great contribution to the both academic development and the practical improvement, in the light of combining start-up activities with the construct of Expectancy Theory that show the processes in which entrepreneurs make start-up related decisions on the basis of entrepreneurial likelihood and start-up outcome satisfaction, the parties concerned in start-up intervene appropriately during motivation, and favorable circumstances for start-up are created.

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    참고문헌 (Reference)

    1 정대용, "한·중 중소기업가의 창업동기 및 성장동기에 관한 연구- 기대이론을 중심으로 -" 한국경영교육학회 27 (27): 235-264, 2012

    2 정대용, "창업활동이 성장의도를 매개로 창업결과만족에 미치는 영향" 한국중소기업학회 34 (34): 97-119, 2012

    3 김준기, "중소벤처창업자금 지원사업의 생산성 효과 분석" 한국생산성학회 21 (21): 153-183, 2007

    4 정대용, "중국기업가의 창업에 대한 기대가 창업 및 성장의도에 미치는 영향에 관한 탐색적 연구" 한국산학기술학회 12 (12): 4881-4887, 2011

    5 정대용, "아산 정주영의 창업정신" 1 (1): 93-116, 2011

    6 정대용, "사회적 네트워크 확보에 기여하는 기업가의 정치적 기술에 관한 연구" 한국생산성학회 24 (24): 59-87, 2010

    7 박동수, "벤처기업의 기업가정신이 성장의도에 미치는 영향에 관한 탐색적 연구" 대한경영학회 20 (20): 2979-3011, 2007

    8 반성식, "기업가정신과 창업보육센터 지원이 기업성과에 미치는 영향" 한국생산성학회 23 (23): 215-234, 2009

    9 정대용, "기업가적 기대가 창업활동을 매개로 창업결과만족에 미치는 영향에 관한 연구" 한국창업학회 6 (6): 119-141, 2011

    10 Vroom, V. H., "Work and Motivation" Wiley 1964

    1 정대용, "한·중 중소기업가의 창업동기 및 성장동기에 관한 연구- 기대이론을 중심으로 -" 한국경영교육학회 27 (27): 235-264, 2012

    2 정대용, "창업활동이 성장의도를 매개로 창업결과만족에 미치는 영향" 한국중소기업학회 34 (34): 97-119, 2012

    3 김준기, "중소벤처창업자금 지원사업의 생산성 효과 분석" 한국생산성학회 21 (21): 153-183, 2007

    4 정대용, "중국기업가의 창업에 대한 기대가 창업 및 성장의도에 미치는 영향에 관한 탐색적 연구" 한국산학기술학회 12 (12): 4881-4887, 2011

    5 정대용, "아산 정주영의 창업정신" 1 (1): 93-116, 2011

    6 정대용, "사회적 네트워크 확보에 기여하는 기업가의 정치적 기술에 관한 연구" 한국생산성학회 24 (24): 59-87, 2010

    7 박동수, "벤처기업의 기업가정신이 성장의도에 미치는 영향에 관한 탐색적 연구" 대한경영학회 20 (20): 2979-3011, 2007

    8 반성식, "기업가정신과 창업보육센터 지원이 기업성과에 미치는 영향" 한국생산성학회 23 (23): 215-234, 2009

    9 정대용, "기업가적 기대가 창업활동을 매개로 창업결과만족에 미치는 영향에 관한 연구" 한국창업학회 6 (6): 119-141, 2011

    10 Vroom, V. H., "Work and Motivation" Wiley 1964

    11 Locke, E. A, "Work Motivation and Satisfaction: Light at the End of the Tunnel" 1 : 240-246, 1990

    12 Wiklund, J., "What Do They Think and Feel about Growth? An Expectancy-Value Approach to Small Business Managers’ Attitudes toward Growth" 27 (27): 247-270, 2003

    13 Fernald, L., "Value Profiles of Male and Female Entrepreneurs" 21 (21): 234-246, 1988

    14 Stroey, D. J., "Understanding the Small Business Sector" Routledge 1994

    15 Townsend, David M., "To Start or not to Start: Outcome and Ability Expectations in the Decision to Start a New Venture" 25 : 192-202, 2010

    16 Ajzen, I., "The Theory of Planned Behavior" 50 : 179-211, 1991

    17 Edelman, Linda F., "The Impact of Environment and Entrepreneurial Perceptions on Venture-Creation Efforts" 20 (20): 5-28, 2010

    18 Gatewood, E. J., "The Expectancies in Public Sector Venture Assistance" 17 : 91-95, 1993

    19 Carter, N. M., "The Career Reasons of Nascent Entrepreneurs" 18 (18): 13-39, 2003

    20 McClelland, D. C., "The Achieving Society" Van Nostrand Co 1961

    21 Edelman, Linda F., "Start-up Motivations and Growth Intentions of Minority Nascent Entrepreneur" 48 (48): 174-196, 2010

    22 Begley, T. M., "Psychological Characteristics Associated with Performance in Entrepreneurial Firms and Smaller Businesses" 2 : 79-93, 1987

    23 Fagenson, E., "Personal Value Systems of Men and Women Entrepreneurs versus Managers" 8 : 409-430, 1993

    24 Brenner, O. C., "Perceived Fulfillment of Organizational Employment versus Entrepreneurship: Work Values and Career Intentions of Business College Graduates" 29 (29): 62-74, 1991

    25 Orser, B., "Opting for Growth: Gender Dimensions of Choosing Enterprise Development" 19 (19): 284-300, 2002

    26 Ambrose, M. L., "Old friends new faces :Motivation research in the 1990s" 25 : 231-292, 1999

    27 Campbell, C. A., "Managerial Behavior, Performance, and Effectiveness" McGraw-Hill 1970

    28 Ginn, C., "Growth: A Vocation Choice and Psychological Preference, In Frontiers of Entrepreneurship Research" Babson College 612-625, 1989

    29 Kolvereid, L., "Growth Intentions and Actual Growth: the Impact of Entrepreneurial Choice" 4 (4): 1-17, 1996

    30 Rotter, J. B., "Generalized Expectancies for Internal versus External Control of Reinforcement" 80 : 609-, 1966

    31 Carter, N. M., "Exploring Start-up Sequences" 11 (11): 151-166, 1996

    32 Baumol, W., "Entrepreneurship in Economic Theory" 58 : 64-71, 1968

    33 Douglas, E. I., "Entrepreneurship as a Utility Maxmizing Response" 15 : 231-251, 2000

    34 Busenitz, L. W., "Entrepreneurial Risk and Strategic Decision-making: It’s a Matter of Perspective" 35 : 325-340, 1999

    35 Autio, E., "Entrepreneurial Intent among Students in Scandinavia and in the USA" 2 : 145-160, 2001

    36 Gatewood, E. J., "Entrepreneurial Expectancies, In Handbook of Entrepreneurial Dynamics: The Process of Business Creation" Sage 153-162, 2004

    37 Shaver, K., "Differing Expectations: Comparing Nascent Entrepreneurs to Non-entrepreneurs" 2001

    38 Davidsson, P., "Continued Entrepreneurship: Ability, Need and Opportunity as Determinants of Small Firm Growth" 4 : 211-226, 1991

    39 Krueger, N. F., "Competing Models of Entrepreneurial Intentions" 15 (15): 411-432, 2000

    40 Shaver, K. G., "Cleaning of ERC Data from ISR Web Site"

    41 Wiklund, J., "Aspiring for, and Achieving Growth: The Moderating Role of Resources and Opportunities" 408 : 1919-1941, 2003

    42 Delmar, F., "Arriving at the High-Growth Firm" 18 (18): 189-216, 2003

    43 Aldridge Jr. J. H., "An Occupational Personality Profile of the Male Entrepreneur as Assessed by the 16PF Fifth Edition" University of Georgia 1997

    44 Klein, H. J., "An Integrated Theory Model of Work Motivation" 14 : 150-172, 1989

    45 Scheinberg, S., "An 11-Country Study of Motivations to Start a Business, In Frontiers of Entrepreneurship Research" Babson College 669-687, 1988

    46 Kim, P. H., "Access (not) Denied: The Impact of Financial, Human, and Cultural Capital on Entrepreneurial Entry in the United States" 27 : 5-22, 2006

    47 Birley, S., "A Taxonomy of Business Start-up Reasons and their Impact on Firm Growth and Size" 9 : 7-31, 1994

    48 Shane, S., "A General Theory of Entrepreneurship: The Individual Opportunity Nexus" Edward F. Elgar 2005

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