The Impact of Government Support Benefits according to Corporate Capabilities on the Long-term Growth Prospects of Venture Companies

[Purpose] This study was designed to examine whether there is a difference in the impact of support for each company’s capabilities on long－term growth for venture companies. [Methodology] Analysis was conducted through a questionnaire method, using SPSS statistical analysis company, and multiple regression analysis method was used. [Findings] First, in a sample of all companies, it was found that the more financial support benefits and image benefits the company received, the higher the long－term growth prospects of the company. Second, in the sample divided by each competency, companies with high development capabilities were found to have higher long－term growth prospects as they received higher financial support benefits, and for companies with high manufacturing capabilities, companies with higher technical manpower benefits were found to have higher marketing capabilities. It was found that the higher the financial support benefits, the higher the long－term growth prospects. Third, in a sample where all companies were asked to select only one excellent competency for each company, companies with high development capabilities showed a negative significance in the long－term growth prospects of technical manpower deposits, and companies with high manufacturing capabilities showed negative significance. Technical manpower benefits and image benefits showed a significant positive relationship with long－term growth prospects, and companies with high marketing capabilities did not show a significant relationship with any benefits. [Implications] Through this study, it was empirically proven that government support is more effective when it provides benefits tailored to each company rather than universal support.