earticle

영어

This research aims at investigating dominant factors of technological start-ups’ performance based on behavioural/psychological perspective, resource-based perspective, strategic perspective, and population ecology perspective. Technological start-ups are increasingly considered as an important source of economic growth in national and regional levels. The Government has promoted successful start-ups by designing and implementing various policy instruments. However, most technological start-ups tend to face financial, technological, and organization obstacles, in particular, in early stage of growth. This paper measures impact of entrepreneur’s characteristics, new product development capabilities, entrepreneurial orientation, rational innovation infrastructure, and support of the intermediate institute on firm performance. We collect data from survey on technological start-ups in incubators including universities, public institutes and associations. 119 responded out of 1,503, and finally 104 data was used. Empirical results show that the entrepreneurship education, experience in the line of business, need for achievement, technical capability, marketing capability, proactiveness, innovativeness, rational innovation infrastructure, and support of the intermediate institute exhibit significant positive impact on performance. Support of the intermediate institute appears to moderate positively the relationships between marketing capability, managerial capability and performance.