민간투자주도형 기술창업(팁스) 프로그램이 창업기업의 혁신과 성장에 미친 효과
Effects of Tech Incubator Program for Startup Korea (TIPS) on Innovation and Growth of Startups
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본 논문은 민간투자주도형 기술창업지원(팁스) 프로그램이 창업기업의 혁신 및성장에 미친 효과를 분석한다. 팁스는 고급 기술인력의 창업활성화를 위해 엔젤투자, 보육, 멘토링, R&D 자금 지원 등을 결합한 국내 최초의 민간주도형 창업지원 프로그램이다. 분석을 위해 2013년 도입 이후 선정된 창업기업 전수 자료를통계청 기업통계등록부 및 한국평가데이터 재무자료와 연계하였다. 성향점수매칭을 통한 대조군 구축 후 이중차분 모형을 이용해 추정한 결과 창업기업은 팁스 지원 이후 대조군에 비해 매출액, 자산, 특허권 수가 증가했다. 특히, 팁스 프로그램은 지원 후 1-9년 기간에 걸쳐서 기업성과가 지속적으로 향상되는 중장기 효과를가지는 것으로 나타났다. 본 연구는 혁신성이 높은 고성장 기업의 발굴과 육성을위해 민간의 역량을 활용한 기술창업 정책인 팁스에 대한 첫 번째 중장기 평가라는 점에서 학술 및 정책적 기여를 한다.
Abstract
This paper analyzes the effects of Tech Incubator Program for Startup Korea (TIPS) program on innovation and growth of startups. TIPS is Korea’s first private-led startup support program that combines angel investment, incubating, mentoring, and R&D funding to encourage startups by high-level technical personnel. We estimate difference-in-difference models after constructing a control group based on propensity score matching. We find that startups after the TIPS support increased sales, assets, and the number of patents compared to the control group. Furthermore, we find that the TIPS program has mid- and long-term effects in which corporate performance continues to improve for 1 to 9 years after support. This study can make academic and policy contributions in that it is the first mid- to long-term evaluation of a technology startup policy in Korea that utilizes the private sector’s capabilities to discover and foster highly innovative, high-growth firms.
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