A Study on the Influence Factors of Young Entrepreneurs' Individual Competency and Entrepreneurship Preparation Level on Entrepreneurship Performance : Focusing on the moderating effect of start-up consulting

The purpose of this study was to verify the effect of young entrepreneurs' individual competency and start-up preparation level on start-up performance and the moderating effect on the reliability and satisfaction of start-up consulting. To this end, 190 surveys collected for young entrepreneurs living across the country were used for empirical analysis, and hierarchical regression analysis was conducted using SPSS v28.0. As a result of the analysis, first, it was found that item selection and start-up preparation period had a significant effect on start-up performance, which is a dependent variable among young entrepreneurs' individual competencies, and it was found that start-up funds did not significantly affect start-up performance among individual competencies in leadership competency, technological innovation competency, and start-up preparation level. Second, the moderating effect, consulting reliability and satisfaction, was found to partially control the individual competency and start-up performance of young entrepreneurs, and there was no moderating effect between the start-up preparation level and start-up performance of young entrepreneurs. Therefore, it can be confirmed that the individual competency and start-up preparation level of young entrepreneurs are important variables as they affect start-up performance. The results of these studies are hoped to be helpful to young entrepreneurs preparing for start-ups and policy makers for start-up support in customized policies for fostering young entrepreneurs.

Publication Details

Journal
The Korean Career Entrepreneurship & Business Association
Published
2024-09-30
DOI
https://doi.org/10.48206/kceba.2024.8.5.19
Primary Topic
Entrepreneurship Studies and Influences
Type
article
Field-Weighted Citation Impact
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article

A Study on the Influence Factors of Young Entrepreneurs' Individual Competency and Entrepreneurship Preparation Level on Entrepreneurship Performance : Focusing on the moderating effect of start-up consulting

The Korean Career Entrepreneurship & Business Association
Entrepreneurship Studies and Influences
article

A Study on the Influence Factors of Young Entrepreneurs' Individual Competency and Entrepreneurship Preparation Level on Entrepreneurship Performance : Focusing on the moderating effect of start-up consulting

article en

Abstract

The purpose of this study was to verify the effect of young entrepreneurs' individual competency and start-up preparation level on start-up performance and the moderating effect on the reliability and satisfaction of start-up consulting. To this end, 190 surveys collected for young entrepreneurs living across the country were used for empirical analysis, and hierarchical regression analysis was conducted using SPSS v28.0. As a result of the analysis, first, it was found that item selection and start-up preparation period had a significant effect on start-up performance, which is a dependent variable among young entrepreneurs' individual competencies, and it was found that start-up funds did not significantly affect start-up performance among individual competencies in leadership competency, technological innovation competency, and start-up preparation level. Second, the moderating effect, consulting reliability and satisfaction, was found to partially control the individual competency and start-up performance of young entrepreneurs, and there was no moderating effect between the start-up preparation level and start-up performance of young entrepreneurs. Therefore, it can be confirmed that the individual competency and start-up preparation level of young entrepreneurs are important variables as they affect start-up performance. The results of these studies are hoped to be helpful to young entrepreneurs preparing for start-ups and policy makers for start-up support in customized policies for fostering young entrepreneurs.

The Korean Career Entrepreneurship & Business AssociationVol. 8(5)
Openalex Percentile: Top 69%
Entrepreneurship Studies and Influences
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A Study on the Influence Factors of Young Entrepreneurs' Individual Competency and Entrepreneurship Preparation Level on Entrepreneurship Performance : Focusing on the moderating effect of start-up consulting · The Korean Career Entrepreneurship & Business Association (2024) | TGRS Research Map | TGRS