바로가기메뉴

본문 바로가기 주메뉴 바로가기

logo

Effects of Foreign Students' Entrepreneurship on Start-up Recognition and Intention

East Asian Journal of Business Economics / East Asian Journal of Business Economics, (E)2288-2766
2016, v.4 no.2, pp.12-27
https://doi.org/10.20498/eajbe.2016.4.2.12
Seongsil Hong
Young Seok Yang
  • Downloaded
  • Viewed

Abstract

This study aims to investigate the effects of foreign students' entrepreneurship on start-up recognition and intention. Due to the expanded policy of attracting foreign students with current Korean wave, it has rapidly increased the number of foreign students in Korea. The number of foreign students in Korea has increased from 50,000 up to 100,000 in 2012. Approximately half of number was resided in Seoul capital, surrounding satellite cities and followed by Kyeongsang, Chungcheong and Jeolla province regions. In this study, we examined the correlation of entrepreneurship with start-up recognition and intention of foreign students living in Daejeon city. The research model was constructed with entrepreneurship and start-up intention as independent and dependent variable, respectively, and start-up recognition as a moderating variable. Furthermore, the entrepreneurship of foreign students as independent variable contains innovativeness, pro-activeness, risk-taking and social responsibility. In the survey, we collected 119 responding foreign students belonging to KAIST, Chungnam National University and Hanbat National University and analyzed the correlations of these variables with 116 significant answers. To validate the hypotheses, linear regression analysis tool in SPSS program was used. As a result of the survey, entrepreneurship components such as innovativeness, pro-activeness, risk-taking and social responsibility affected start-up intention positively. In addition, start-up recognition as a moderating variable affected positively between entrepreneurship and start-up intention. However, it has the limitation to generalize the overall correlation of entrepreneurship with start-up recognition and intention for foreign students living in Korea because the survey was only performed in restricted Daejeon city area. Nonetheless, this study can be useful for understanding the

keywords
Foreign Students' Entrepreneurship, Start-Up Recognition And Intention

Reference

1.

Ajzen, I. (1991). Theory of planned behavior. Organizational Behavior and Human Decision Processes, 50, 179-211.

2.

Cole, A. H. (1959). Business in its social setting. Cambridge Mass. : Harvard University Press.

3.

Covin, J. G., & Slevin, D. P. (1991). A conceptual model of entrepreneurship as firm behavior. Entrepreneurship Theory and Practice, Baylor University, 16, 7-21.

4.

Donald, F. K., & Richard, M. (1995). Hodgetts, Entrepreneurship (3rd Ed.). The Dryden press, p78.

5.

Hirsh, R. D.,& Peters, M. P. (1985). Entrepreneurship (3rd Ed.). Irwin, p9

6.

Hisrich, R. D. (1986). Entrepreneurship, intrapreneurship, and venture capital: the foundation of economic renaissance. Lexington Books, Californaia University Press.

7.

Hwang, J. S. (2006). Management theory of venture companies. Dae Kyung Press.

8.

Kets de Vries, M. F. R. (2007). The entrepreneurial personality: a person at the crossroads. Journal of Management Studies, 14, 34-57.

9.

Kim, J. J., Yoon, J. R., & Lee, K. K. (2005). Start-up of small and medium entrepreneur and management. Park Young Press.

10.

Kim, J. K. (1994). Relationship among the entrepreneurship, its influence factors and outcome in management organization. Ph.D. Dissertation of Busan National University.

11.

Kim, J. K. (1998). The Effects of the Entrepreneurship of Multinational Business on the Business Performance. International Review of Business, 2, 223-244.

12.

Kim, J. Y. (2007). A Empirical Study on the Contents and the Leaning Effects about the BizCools of Professional School. Master Dissertation of Soongsil University.

13.

Kirzner, I. M. (1973). Competition and entrepreneurship. Chicago: University of Chicago Press.

14.

Leinebnstein, H. (1968). Entrepreneurship and development. American Economic Review ,58, 72-83.

15.

MacMillan, I. C., Block, Z., & Narashima, P. N. S. (1986). Corporate venturing: alternatives, obstacles encountered and experience effects. Journal of Business Venturing, 1, 177-191.

16.

Matsuno, K, Mentzer, J. T., & Oezsomer, A. (2002) The effects of entrepreneurial proclivity and market orientation on business performance. Journal of Marketing, 66, 18-32.

17.

Miller, D. (1983). The correlates of entrepreneurship in three types of firms. Management Science, 29, 770-791.

18.

Min, K. H. (2001). Venture Companies and Entrepreneurship. Trade Management Press, p36~37.

19.

Park, J. H. (2008). What Bizcool can do to help an understand how to start an enterprise and to develop a career plan. Master Dissertation of Keimyung University.

20.

Park, S. Y. (2009). Studies on the recruitment policy and status of foreign students. Master Dissertation of Seoul National University.

21.

Robinson, E. B., Stimpson, D. V., Huuefner, J. C., Hunt, H. K. (1991). An attitude approach to the prediction of entrepreneurship. Entrepreneurship Theory & Practice, Summer, 15, 13-30.

22.

Ronen, J. (1988). Individual entrepreneurship and corporate entrepreneurship: A tentative synthesis. Entrepreneurship, Innovation and Economic Growth, 2, 243-249.

23.

Scholhammer, H. (1982). Internal corporate entrepreneurship. In Kent C A, Sexton D L, Vesper K H (Ed), Encyclopedia of entrepreneurship (pp209-223), Englewood Cliffs, N.J.: Prentice-Hall.

24.

Schumpeter, J. A. (1934). The theory of economic development, translated by R Opie from the 2nd German edition[1926]. Cambridge: Harvard University Press.

25.

Shane, S., & Venkataraman, S. (2000). The promise of entrepreneurship as a field of research. The Academy of Management Review, 25, 217-226.

26.

Shapero, A., & Sokol, L. (1982). Social dimesnsions of entrepreneurship. In: Kent C, Sexton D, Vesper K (Ed), The Encyclopedia of Entrepreneurship (pp72-90), Englewood Cliffs, N.J.: Prentice-Hall.

27.

Veciana, J. M., Aponte, M., & Urbano, D. (2005). University students attitudes towards entrepreneurship: A two countries comparison. International Entrepreneurship and Management Journal, 1, 165-182.

28.

Vesper, K. H. (1985). Entrepreneurship education. Master Dissertation of Babson College.

29.

Wortman Jr, M. S. (1987). Entrepreneurship: an integrating typology and evaluation of the empirical research in the field. Journal of Management ,13, 259-279.

30.

Zahra, S A, & Covin, J. G. (1995). Contextual influences on the corporate entrepreneurship-performance relationship: a longitudinal analysis. Journal of Business Venturing, 10, 43-58.

East Asian Journal of Business Economics