Considering the difficult situation of Korea venture industry which has been experienced since the earlier of 2000, this paper suggests a solution that Korea corporations having abundant capital and business resources proceed effectively venture business focusing on their profits growth and the competitive power growth of allied ventures.
First, this paper proposes a new model regarding strategic alliance relation between a big corporation and allied ventures, which classifies the business area of ventures as technology-based ventures, commerce-based ventures, manufacture-based ventures and defines the growth stages of ventures as start-up, initial growth, latter growth, maturity and explains that both entities should set and develop dynamically their strategic alliance relation focusing on the management capability changes of ventures as new market pioneering capability, profit making capability, competitive power growth capability, market leading capability.
In addition, this paper studies the successful case of a big corporation’s venture business and allied ventures, and compares with two main venture business methods of that corporation and analyzes the dynamic factors of their strategic alliance activities and relations as well as the successful factors of venture business with expected effects. Using the results of these studies, this paper suggests improvement points of the corporation’s current venture business and designs step-by-step proceeding strategies and long-term policy directions for the venture business development of Korea big corporations.
