This study examined the influence of internal capabilities and external networks on firm performance by using data from 137 Korean technological start-up companies. Internal capabilities were operationalized by entrepreneurial orientation, technological capabilities, and financial resources invested during the development period. External networks were captured by partnership-and sponsorship-based linkages. Partnership-based linkages were measured by strategic alliances with other enterprises and venture capitalists, collaboration with universities or research institutes, and participation in venture associations. Sponsorshipbased linkages consisted of financial and nonfinancial support from commercial banks and the Korean government. Sales growth indicated the start-up's performance. Regression results showed that the three indicators of internal capabilities are important predictors of a start-up's performance. Among external networks, only the linkages to venture capital companies predicted the start-up's performance. Several interaction terms between internal capabilities and partnership-based linkages have a statistically significant influence on performance. Sponsorship-based linkages do not have individual effects on performance but linkage with financial institutions has a multiplicative effect with technological capabilities and financial resources invested on a start-up's performance. Implications and directions for future research were discussed. ABSTRACTThis study examined the influence of internal capabilities and organizational linkages to external entities on firm performance by using data from 143 Korean business ventures.

This study develops an HRM-capability-performance model. Applying this model to the management consulting context, legitimizing capability and senior management consultants (SMCs) are theoretically derived as a strategic capability and a strategic job that an HR system focuses on for organizational effectiveness. Regression analyses of a sample of 46 management consulting firms in South Korea find that legitimizing capability improves firm performance. Both legitimizing capability and firm performance are also found to be increased by (1) a sub-set of HR practices for SMCs' human capital and (2) a system of HR practices for their human capital and social capital.

Influence of duty cycle on the structure and secondary electron emission properties of MgO films deposited by pulsed mid-frequency magnetron sputtering Electron ejection from MgO thin films by low energy noble gas ions: Energy dependence and initial instability of the secondary electron emission coefficient

Recent research suggests that existing conceptualizations of firm-level entrepreneurship may not be sufficient in fully explaining the construct. The primary purpose of this study is to explore the fundamental dimensions underlying firm-level entrepreneurship and to empirically test a model depicting the hierarchical relationship between these various dimensions. It is argued that proactiveness, innovativeness and strategic renewal represent the primary dimensions of firm-level entrepreneurship. Three hypotheses are developed, specifying the role each of these three dimensions plays in the creation and exploitation of environmental opportunities. Utilizing data collected from 250 small-to-medium sized enterprises (SMEs) in South Korea, the empirical results suggest proactiveness positively impacts firms' perceptions of environmental opportunities, and these organizations then utilize innovativeness and strategic renewal in an effort to capture these perceived opportunities. The paper concludes with a discussion of the implications of our study for managerial practice and theory building. 143 J. Dev. Entrepreneurship 2010.15:143-163. Downloaded from www.worldscientific.com by UNIVERSITY OF VALENCIA LIBRARY on 08/18/15. For personal use only. J. Dev. Entrepreneurship 2010.15:143-163. Downloaded from www.worldscientific.com by UNIVERSITY OF VALENCIA LIBRARY on 08/18/15. For personal use only. J. Dev. Entrepreneurship 2010.15:143-163. Downloaded from www.worldscientific.com by UNIVERSITY OF VALENCIA LIBRARY on 08/18/15. For personal use only. J. Dev. Entrepreneurship 2010.15:143-163. Downloaded from www.worldscientific.com by UNIVERSITY OF VALENCIA LIBRARY on 08/18/15. For personal use only.

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