title: Determinants for the success of regional ICT ventures: a close examination of South Korea.
abstract: BACKGROUND
  This study identifies the key motivational factors in enhancing economic performance and increasing new job opportunities for information and communication technology ventures (ICTVs) in South Korea and examines their potential causal relationships through structural equation modeling analysis on data collected from over 200 ICTVs located in Daedeok Innopolis.
  
  
  RESULTS
  The results indicate that the economic performance of ICTVs is determined mainly by government support, innovation effort, and private equity and support. Government support and innovation effort are also positively associated with new job opportunities.
  
  
  CONCLUSIONS
  The theoretical, industrial implications of the key findings, and recommendations for the Korean government are discussed.
authors.affiliation: Korea Institute of Civil Engineering and Building Technology (KICT), Goyang, Republic of Korea.
authors.forename: Eunil
authors.initials: E
authors.lastname: Park
authors.affiliation: Department of Media and Communication, City University of Hong Kong, Kowloon, Hong Kong.
authors.forename: Ki Joon
authors.initials: KJ
authors.lastname: Kim
authors.affiliation: Department of Business Administration, Dongguk University, Gyeongju, Republic of Korea.
authors.forename: Sang Jib
authors.initials: SJ
authors.lastname: Kwon
authors.affiliation: Korea Advanced Institute of Science and Technology (KAIST), N5 2111, KAIST College Building 2, 291 Daehak-ro, Yuseong-gu, Daejeon, 34141 Republic of Korea.
authors.forename: Jay Y
authors.initials: JY
authors.lastname: Ohm
authors.affiliation: Department of Interaction Science, Sungkyunkwan University, Seoul, Republic of Korea ; University Jaume-I, Castellón, Spain.
authors.forename: Angel P
authors.initials: AP
authors.lastname: Del Pobil
authors.affiliation: Korea Advanced Institute of Science and Technology (KAIST), N5 2111, KAIST College Building 2, 291 Daehak-ro, Yuseong-gu, Daejeon, 34141 Republic of Korea ; Daejeon Technopark, Daejeon, Republic of Korea.
authors.forename: Kyeongsik
authors.initials: K
authors.lastname: Yoo
keywords: Daedeok Innopolis; Economic performance; Government support; ICT venture; Innovation effort; Job opportunity