부산대학교 도서관

The purposes of this study are to check the internationalization strategy of new venture firms whether suitable Korean firms based on technological resources, top management team characters and location choice.We make questionnaire investigate to collect data and 112 companies were selected in this study. The data using in this research are collected from Korean mother firms and Chinese subsidiaries which belong to Korean parent firm.This paper fall into 6 sections. The first section of this paper is introduction. In this section, we express that the aim of this study and summary statement of whole paper. The second section is review of the literature, in this section we find out the previous literature about established-firms and new venture firms' internationalization, and we use the theoretic basis as theory basement of this paper, and we attempted to find out the empirical evidence of the effect of technological capability, top management team and location on the internationalization of new venture firms'. The third section of this study is research model and hypothesis, in this section, we sketch the outline of this study, point out the whole model of this study and developed the hypotheses. In the aspect of firm-specific advantage, I used technological resource to check the relationship with new venture firms' internationalization, and we assumed that there are positive relationship between technological resources and new venture firms' internationalization. In aspect of top management team, we use prior work experience in international business, prior work experience in similar country, prior work experience in new venture firm and the size of top management team to check the relationship with the internationalization of new venture firms, and we assumed there are positive relationship between top management team advantages and internationalization of new venture firms. In the location aspect, we assumed that location had positive effect on new venture firms' internationalization, and for Korean new venture firms in China, coastal regions location had faster speed of internationalization, and in the last part, we assumed that interaction of technological resource, top management team experience and location haver more effect on internationalization by summarizing all factor in this study. The fourth section is research methodology, in this sections, we illustrated that how the data was collected and how the sample was confirmed, and we defined the dependent variable and independent variables, showed how to measure them. In the fifth section, that is, result and discuss, we use serials table and figure to check the relationship between dependent variables and independent variables, and we used descriptive analysis and corelation analysis to confirm the sample was significant, and then we used the statistical methods of multiple regression analysis to check and get data analysis result. The finding of this study suggest that technological capability which including technological resource, R&D spending, top management team which possessing similar country international work experience and new venture work experience have positive effect on Korean new venture firms in China, however, prior international work experience do not have positive effect on Korean new venture firms in China, besides, top management team size and location all have positive relationship with Korean new venture firms' internationalization. In the last section of conclusion, we summarized this study and at last of this section we also pointed the limitation of this research and gave some suggestions for future research in this field.