Handbook of Research on International Entrepreneurship Strategy
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Handbook of Research on International Entrepreneurship Strategy

Improving SME Performance Globally

Edited by Pervez N. Ghauri and V. H. Manek Kirpalani

This impressive Handbook provides a dynamic perspective on the international entrepreneurial strategies of SMEs, including the role and experience of their founders, as well as the collaboration of these SMEs in networks with larger firms. The expert contributors from all over the world and the editors explore the origin and evolution of internationalizing SMEs, the changing history and the future outlook of this sector. They study the effects of different cultures on the origin and growth of entrepreneurship and SMEs. The Handbook also outlines the various types of Born Globals that emerge from different parts of the world.
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Chapter 13: The role of government in encouraging entrepreneurship in emerging economies: the case of Korean ventures

Seung Hoon Jang, Jung Seek Kim and Jonathan Ohn


This study aims to examine the mechanisms that influence how Korean high-tech ventures are formed. For this purpose, the authors begin by reviewing major determinants of entrepreneurial activities based on relevant theories and literature of entrepreneurship. The history and characteristics of the Korean economy, especially in regard to entrepreneurial firms, are further investigated, supporting the theory that Korean ventures are essentially nurtured by the Korean and local governments. The literature review and case analysis provide that these major institutional factors act as mechanisms that contribute to the birth of high-tech firms, resulting in innovative results and new value creation. Both scholars and practitioners can gain insight by focusing on how revolutionary new firms have been in shaping one of the most innovative countries in the world.

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