중소벤처기업 투자단계별 특성의 실증적 비교분석 - 최근 3개년도 투자유치기업을 중심으로 - = An empirical comparative analysis of the characteristics of SMEs by investment stage

다국어 초록 (Multilingual Abstract)

This study attempted to compare and analyze corporate cases that received Series A, B, and C investments within the last three years through the definition of the startup growth model and commonly known investment stage and analyze the implications of series investment in Korea. To this end, the size of investment status of startups and small and medium-sized enterprises was identified at each stage of investment attraction (Series) using statistics from startup investment databases, and for detailed comparison, 270 companies in the last three years and series were analyzed and compared.
As a result of the analysis, it was found that the amount of investment attraction by series and the actual investment amount formed from a practical point of view were at a similar level on average. In the case of investment companies, with the advent of the second venture boom, bio and medical companies and non-face-to-face related companies showed a large distribution by series. Finally, the impact of series investment on corporate growth through the average annual growth rate of sales of investment attraction companies was compared with the startup growth model. Most investment attraction companies' sales in the last three years have been increasing, with the annual average growth rate recording the highest in Series B, and Series C showing a low growth rate due to the expansion of the global market.
This study has significance and limitations in reviewing existing data and verifying them through actual investment cases in a situation where there is a lack of accurate definition or research on investment stages and investment rounds in Korea. In the future, many studies are expected to be needed to establish clear theories and standards from a domestic policy and market perspective on investment by investment stage as investment cases in small and medium-sized ventures are expanding further.

참고문헌 (Reference)

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