A study on the network performance factor of the ventures by growth stages

Ventures through technological innovation are increasingly suggested as one of the main engines for economic growth that can help control inflation and black trade balance. The purpose of this study is to extract the network performance factors for ventures according to venture's life cycle. For the purpose, the existing studies were examined into start-up company, entrepreneurial firm, small firms with competitive advantage against large firms, and venture's network activity. And 63 samples from ventures in Korea were taken and analysed empirically. The analyses and results are (1) the actual conditions of network activity on ventures; (2) the investigation of relationship between network activity and performance of ventures by venture's life cycle through the observations of Korean ventures. From the results, it is also found that factors such as external environment and a ventures life cycle have been considered as the main influences on the performance of ventures. In addition, limitations and suggestions for further studies are noted.