۱٫Introduction

۲٫Theoretical background

۳٫Empirical research

۴٫Conclusion

Abstract:

Korean economy is demanding to change from an industrial society to an entrepreneurial society. It is asking for a generational change from the preexisting paradigms of such as labor consciousness, the concept of work and company management. Entrepreneurship is one of the key elements that will lead to a successful business performance under highly uncertain business conditions. The purpose of this paper is to examine the relationship between entrepreneurial orientation and business performance. Also, the authors look for the role of entrepreneurship education in the influence of entrepreneurial orientation on financial and nonfinancial business performance.

Introduction:

Korean economy is demanding to change from an industrial society to an entrepreneurial society (Bahn et al., 2014). It is asking for a generational change from the preexisting paradigms of such as labor consciousness, the concept of work and company management. With more production focused small and large businesses lose the ability to employ more workers, the scale of mass unemployment increases with it. Youth unemployment is one of the most critical social issues in Korea (Park, 2017). However, the development of Information technology and networking is lowering the expenses and entry barriers for entrepreneurs. Increasing the number of entrepreneurs will not just simply improve the economy and produce more profits for the economy. Creating more businesses and hiring more people can provide a social safety net for society. That is why all OECD countries have placed great emphasis on entrepreneurship.