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

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 an...

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Autores principales: Park, Eunil, Kim, Ki Joon, Kwon, Sang Jib, Ohm, Jay Y., del Pobil, Angel P., Yoo, Kyeongsik
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer International Publishing 2016
Materias:
Short Report
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4940321/
https://www.ncbi.nlm.nih.gov/pubmed/27462487
http://dx.doi.org/10.1186/s40064-016-2712-5
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author Park, Eunil
Kim, Ki Joon
Kwon, Sang Jib
Ohm, Jay Y.
del Pobil, Angel P.
Yoo, Kyeongsik
author_facet Park, Eunil
Kim, Ki Joon
Kwon, Sang Jib
Ohm, Jay Y.
del Pobil, Angel P.
Yoo, Kyeongsik
author_sort Park, Eunil
collection PubMed
description 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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spelling pubmed-49403212016-07-26 Determinants for the success of regional ICT ventures: a close examination of South Korea Park, Eunil Kim, Ki Joon Kwon, Sang Jib Ohm, Jay Y. del Pobil, Angel P. Yoo, Kyeongsik Springerplus Short Report 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. Springer International Publishing 2016-07-11 /pmc/articles/PMC4940321/ /pubmed/27462487 http://dx.doi.org/10.1186/s40064-016-2712-5 Text en © The Author(s) 2016 Open AccessThis article is distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made.
spellingShingle Short Report
Park, Eunil
Kim, Ki Joon
Kwon, Sang Jib
Ohm, Jay Y.
del Pobil, Angel P.
Yoo, Kyeongsik
Determinants for the success of regional ICT ventures: a close examination of South Korea
title Determinants for the success of regional ICT ventures: a close examination of South Korea
title_full Determinants for the success of regional ICT ventures: a close examination of South Korea
title_fullStr Determinants for the success of regional ICT ventures: a close examination of South Korea
title_full_unstemmed Determinants for the success of regional ICT ventures: a close examination of South Korea
title_short Determinants for the success of regional ICT ventures: a close examination of South Korea
title_sort determinants for the success of regional ict ventures: a close examination of south korea
topic Short Report
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4940321/
https://www.ncbi.nlm.nih.gov/pubmed/27462487
http://dx.doi.org/10.1186/s40064-016-2712-5
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