Abstract
This paper asks the following question: supposing the environment which surrounds venture business in South Korean venture differs from that of other foreign countries, doesn't a certain difference exist in the factor which influences the performance of a venture business? In order to analyze whether a difference exists and where the difference is from, the factor which affects the performance of venture business was classified into three categories: a founder, strategy, and resources and network capability. Many previous research of some foreign countries were compared with South Korean research. Consequently, it was discovered that several unexpected differences existed in some factors, and analysis about the cause of differences was attempted.