To examine the effects of governmental R&D policies including R&D subsidies and supports for innovative clustering, this study analyzes how the policies affect the technological innovation and managerial performance of venture business. At the research design, 600 firms are ed from the population of 2009 Venture Business Investigation, through the stratified sampling method. In an accordance with the research purpose, each question and data on the investigation is categorized systematically into the technological innovation activity, technological innovation performance and managerial performance.
On examining the equity of distributing financial supports, it is verified that a certain group of venture businesses, characterized by the lack of resources enough to implement the technological innovation with shorter operating years and smaller organizational size, has a higher probability to benefit governmental R&D subsidies. The absolute levels of the activity and performance of technological innovation increase on the beneficial firms. Not only that, there are significant differences between the beneficiaries and non-beneficiaries in the aspects of technological innovation activity and performance. The differences on the managerial performance, however, are not under significance excepting the sales growth ratio. Moreover, the level of dependence on R&D subsidies have positive effects on the activity and performance of technological innovation, not the managerial performance. Lastly, there are only two factors, R&D cooperation and R&D intensity, with significant differences between clustering and non-clustering firms. Based on these research results, a variety of political issues are presented in the way to enhance the technological innovation and managerial performance of venture business, the core group of governmental policies for supporting innovative SMEs.

Growing attention, albeit resource poverty, is being paid to Born Globals, which are firms that go global shortly after their establishment. With a focus on such firms, an increasing number of studies are being conducted, few of which take domestic market-specific environmental factors into consideration. The present study focuses on the effects of two capability factors-international experience of top management team and external network-and one environmental factor-level of technology commercialization success in the domestic market-on rapid internationalization of small firms. A case study is conducted on 4 Born Globals located in the Daegu-Gyeongbuk region. Results indicate that the two capability variables have crucial roles to play in propelling such businesses into international markets. It also finds that the environment-related variable affects the decision-making for the accelerated internationalization of the firms which operate in a cutting-edge industry only. Implications, limitations and future research directions are presented.

Worldwide, green growth is emerging as an alternative to a new economic development. Green Growth in 2008 to South Korea for a new growth paradigm of national development is proposed. And in the green industry development and investment has been a lot of support.
All green industry to develop global competitiveness, with the green industry to act as seeds in the ecosystem is essential to the growth of green ventures. Without the development of a green venture profitable green industry is difficult to form an ecosystem.
Green ventures as well as other ventures to think that marketing is the most difficult. Venture Although they have superior technology, market creation is the absence of marketing skills. But in high-tech sectors such as the green industry continues to maintain technological superiority in the venture unit is not easy. Green Venture eventually to customers with a differentiated marketing is differentiating characteristics should be the balance advantage in global markets.
As with previous studies examining the competitiveness of marketing green market creation, delivery and distribution, Monetary support and are closely related.
Therefore, bottleneck of green market creation, delivery and distribution, Monetary support as increased and the competitiveness of marketing has to be lowered. Also, competitiveness of marketing is ultimately related to marketing performance. As a result, for growth and development of green venture market creation, delivery and distribution, Monetary support for the more active support. In this paper, the results based on green venture to develop and the implications for growth and suggested ways to improve.

Through four in-depth case studies, this article explores the imprinting effect of the founder’s ideology on corporate long-term survival. In order to illustrate how founder’s ideology imprinted in company’s mechanism helps enhance company’s long-term viability, this paper examines historical trajectories of four oldest Korean companies that are founded between late 1800s and early 1900s, focusing on the role of entrepreneurial founder and the impact of founder’s ideology on organization beyond the founding phase. Findings imply that entrepreneurial ideology at founding sets a critical mission for the founder and successive managers of the company, and it seems, overtime, the ideology forms a part of corporate mechanism that works like an invisible hand and prevent the company from derailing the right path and thus positively affects the survival likelihoods even after the company has gone through numerous changes in leadership.

Small businesses are under increasing pressure to use information systems(IS) to maintain their competitive positions or simply to survive. But small businesses suffer from relative scarcity of resources compared to large corporations. Due to inherent differences between small and large businesses, research findings from large businesses cannot be generalized towards small businesses. This paper adopts Thong (2001)’s resource-based model of IS implementation for small businesses. Thong has conceptualized three types of resource constraints: time constraints, financial constraints, and expertise constraints in setting up IS implementation success model in small businesses. This model was replicated and tested on a sample of 118 small size retail and service firms in Korea. Research results revealed that Thong’s model is also applicable to small businesses in Korea. However, the relative importance of each factor for IS implementation success in Korea came out differently. Key factors of IS implementation success in Korean small businesses are external technological expertise, and IS planning. while adequate CEO support, user involvement, IS investment and users’ IS knowledge are found to be not so significant.