Determinants for the success of regional ICT ventures: a close examination of South Korea

Eunil Park; Ki Joon Kim; Sang Jib Kwon; Jay Y. Ohm; Angel P. del Pobil; Kyeongsik Yoo

doi:10.1186/s40064-016-2712-5

Determinants for the success of regional ICT ventures: a close examination of South Korea

Eunil Park, Ki Joon Kim^*, Sang Jib Kwon, Jay Y. Ohm^*, Angel P. del Pobil, Kyeongsik Yoo

^*Corresponding author for this work

Department of Media and Communication

Research output: Journal Publications and Reviews › RGC 21 - Publication in refereed journal › peer-review

7 Citations (Scopus)

55 Downloads (CityUHK Scholars)

Abstract

Background: This study identifies the key motivational factors in enhancing economic performance and increasing new job opportunities for information and communication technology ventures (ICTVs) in South Korea and examines their potential causal relationships through structural equation modeling analysis on data collected from over 200 ICTVs located in Daedeok Innopolis. Results: The results indicate that the economic performance of ICTVs is determined mainly by government support, innovation effort, and private equity and support. Government support and innovation effort are also positively associated with new job opportunities. Conclusions: The theoretical, industrial implications of the key findings, and recommendations for the Korean government are discussed.

Original language	English
Article number	1039
Journal	SpringerPlus
Volume	5
Issue number	1
DOIs	https://doi.org/10.1186/s40064-016-2712-5
Publication status	Published - 1 Dec 2016

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 9 Industry, Innovation, and Infrastructure

Research Keywords

Daedeok Innopolis
Economic performance
Government support
ICT venture
Innovation effort
Job opportunity

Publisher's Copyright Statement

This full text is made available under CC-BY 4.0. https://creativecommons.org/licenses/by/4.0/

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abstract = "Background: This study identifies the key motivational factors in enhancing economic performance and increasing new job opportunities for information and communication technology ventures (ICTVs) in South Korea and examines their potential causal relationships through structural equation modeling analysis on data collected from over 200 ICTVs located in Daedeok Innopolis. Results: The results indicate that the economic performance of ICTVs is determined mainly by government support, innovation effort, and private equity and support. Government support and innovation effort are also positively associated with new job opportunities. Conclusions: The theoretical, industrial implications of the key findings, and recommendations for the Korean government are discussed.",

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AU - Kwon, Sang Jib

AU - Ohm, Jay Y.

AU - del Pobil, Angel P.

AU - Yoo, Kyeongsik

PY - 2016/12/1

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N2 - Background: This study identifies the key motivational factors in enhancing economic performance and increasing new job opportunities for information and communication technology ventures (ICTVs) in South Korea and examines their potential causal relationships through structural equation modeling analysis on data collected from over 200 ICTVs located in Daedeok Innopolis. Results: The results indicate that the economic performance of ICTVs is determined mainly by government support, innovation effort, and private equity and support. Government support and innovation effort are also positively associated with new job opportunities. Conclusions: The theoretical, industrial implications of the key findings, and recommendations for the Korean government are discussed.

AB - Background: This study identifies the key motivational factors in enhancing economic performance and increasing new job opportunities for information and communication technology ventures (ICTVs) in South Korea and examines their potential causal relationships through structural equation modeling analysis on data collected from over 200 ICTVs located in Daedeok Innopolis. Results: The results indicate that the economic performance of ICTVs is determined mainly by government support, innovation effort, and private equity and support. Government support and innovation effort are also positively associated with new job opportunities. Conclusions: The theoretical, industrial implications of the key findings, and recommendations for the Korean government are discussed.

KW - Daedeok Innopolis

KW - Economic performance

KW - Government support

KW - ICT venture

KW - Innovation effort

KW - Job opportunity

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Determinants for the success of regional ICT ventures: a close examination of South Korea

Abstract

UN SDGs

Research Keywords

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