标题:The Influence of Entrepreneurs' Strategic Agility and Dynamic Capability on the Opportunity Pursuit Process of New Ventures: Evidence from South Korea
摘要:The increasing popularity of the creating new ventures in the Korean market did not last long into the new millennium. Ventures once highly regarded in the market have disappeared because of lack of core technology and insufficient entrepreneurial competency. In contrast, ventures in the United States and Taiwan have contributed to the dynamism of their national economies. Ventures in Korea are currently facing limits to growth due to the lack of entrepreneurial opportunity recognition and the dearth of knowledge management capability. Ventures with fewer resources than large firms should continue to search for and capture core opportunities. In the past, successful companies acknowledged and moved quickly to solve any problems recognized by consumers (Stalk, Pecaut & Burnett, 1996), whereas unsuccessful companies failed repeatedly in the market as they did not recognize the transformations occurring in the external environment. Therefore, corporations need to understand how they can identify and develop new business opportunities (Baron, 2006). With insufficient resources and capabilities, ventures should be more sensitive to changes in the market and need to develop the dynamic capability to deal with them (Ardichvili, Cardozo & Ray, 2003). Entrepreneurship, which is a topic of widespread interest today, is the ability to identify and realize new entrepreneurial opportunities. Entrepreneurs must seize opportunities compatible with their organizational capabilities and devise specific methods to utilize them.