Daehyun Kim, Ph.D.

Senior Research Fellow

Innovation and Entrepreneurship Research

+49 89 24246-581
daehyun.kim(at)ip.mpg.de

Personal Website

https://daehyunkim.me/

Areas of Interest:

Technology-Based Entrepreneurship, Digital Platforms, Entrepreneurial Failure, Future of Work, Corporate Venture Capital

Academic Résumé

Since 05/2023
Senior Research Fellow, Max Planck Institute for Innovation and Competition, Department of Innovation and Entrepreneurship Research

2021 – 2022
Visiting Ph.D. Student, Northwestern University, Kellogg School of Management, Management of Organizations (MORS); Evanston, IL, USA

2016 – 2022
Ph.D., Business and Technology Management, KAIST (Korea Advanced Institute of Science and Technology), School of Business and Technology Management, College of Business; Daejeon, South Korea

2016 – 2022
Master, Business and Technology Management, KAIST (Korea Advanced Institute of Science and Technology), School of Business and Technology Management, College of Business; Daejeon, South Korea

2008 – 2014
B.A., Mechanical Engineering, Chung-Ang University; Seoul, South Korea

Honors, Scholarships, Academic Prizes

2022 – 2023
World Bank Group, “The Effects of Government Matching R&D Funds on Tech Startups: The Case of Korea’s TIPS Program”

02/2021
National Research Funding (NRF) of Korea Fellowship for Social Science Korea

08/2021
Amore-Pacific Scholarship, Association of Korean Management Scholars

08/2021
KOSIME Summer Conference Best Paper

12/2021
Asian Society For Entrepreneurship and Innovation Science (ASEIS) Conference Best Paper

12/2017
Science and Technology Policy Institute Fellowship

2016 – 2021
KAIST, College of Business Graduate Fellowships

Publications

Articles in Refereed Journals

Kim, Daehyun; Kim, Namil; Park, Haemin Dennis (2023). Anti-Labor Environments and Employee Entrepreneurship: Evidence from Right-To-Work Laws, Academy of Management Proceedings, 2023 (1), 2023 (1)1722abstract. DOI

  • We explore how changes in labor union and related labor environments affect employees’ likelihood of starting a new business. Using Michigan’s and Indiana’s adoption of right-to-work (RTW) laws as a natural experiment, we demonstrate that the likelihood of employees becoming self-employed increased by 50% as compared to that in states without RTW laws following the passage of the law. However, this tendency is more pronounced for less-educated and blue-collar workers. Moreover, newly created-firms are mostly small businesses with limited scalability. These findings offer novel insights on the relationship between anti-labor environments and employee entrepreneurship.

Han, Jeongbong; Kim, Daehyun; Kim, Wonjoon; Cho, Sunghyun (2023). Are Researchers More Likely to Succeed When They Start a Technology-Based Startup?, Applied Economics Letters 2023, 1-5. DOI

  • This study investigates the relationship between a founder’s occupational background and the survival rate of technology-based startups, focusing on founders with prior research positions. Utilizing a unique tech-based startup database, the study discovers that startups founded by researchers exhibit a lower survival rate compared to those led by founders with other backgrounds. Nevertheless, prior entrepreneurial experience positively moderates the relationship between a founder’s research experience and startup survival rate, indicating that practical business knowledge can offset the inherent lack of business expertise in a researcher’s background. Moreover, the study reveals that startups established by researchers from large companies have an even lower survival rate, as specialization within large organizations may impede the acquisition of essential management skills. These findings emphasize the importance of developing a diverse skill set for startup success.

Kim, Daehyun; Kim, Namil; Kim, Wonjoon (2018). The Effect of Patent Protection on Firms' Market Value: The Case of the Renewable Energy Sector, Renewable & Sustainable Energy Reviews, 82 (3), 4309-4319. DOI

  • In the renewable energy industry, technology development requires a large initial investment by firms and takes a long time. Thus, protecting patents in this industry has become an increasingly important issue in maintaining a company's value. In this study, we examine how patent protection affects firms’ market value by analyzing the listed companies in South Korea in the renewable energy sector over a 35-year period (from 1980 to 2014). We find that simple patent counts are not a strong measure for explaining a firm's financial success in this industry, whereas indices that represent a firm's ability to protect patents (backward citation and patent family) positively and significantly affect the firm's market value. This study suggests that patent protection is an important factor for companies in improving their economic value in the renewable energy sector.

Contributions to Collected Editions

Kim, Daehyun; Kim, Taekyun; Kim, Wonjoon (2022). Resilience and Ingenuity: Global Innovation Responses to Covid-19, in: Carsten Fink et al. (ed.), (2022). Resilience and Ingenuity: Global Innovation Responses to Covid-19, 109-117. London: CEPR Press.

Seminar and Conference Presentations

13.10.2023
How Digital Platforms Unintentionally Foster Entrepreneurial Activities: The Case of the Staggered Entry of Craigslist
5th ZEW Conference on the Dynamics of Entrepreneurship, ZEW
Location: Mannheim


07.08.2023
Anti-Labor Environments and Employee Entrepreneurship: Evidence from Right-To-Work Laws
Academy of Management (AoM) Annual Meeting
Location: Boston, MA, USA


12.06.2023
How Digital Platforms Unintentionally Foster Entrepreneurial Activities: The Case of the Staggered Entry of Craigslist
DRUID Conference NOVA School of Business and Economics
Location: Lisbon, Portugal


17.09.2022
Shadow of Rapid Adoption of Automation Technology during COVID-19: From Job Loss to Entrepreneurship
SMS Annual Conference
Location: London, England


05.08.2022
Entrepreneurial Failure and Reentry: The Role of Prior Financing Experience
AOM Annual Conference
Location: Seattle, USA


05.08.2022
The Impact of COVID-19 Pandemic on Entrepreneurship: Evidence from the Kauffman Microdata
AOM Annual Conference
Location: Seattle, USA


13.06.2022
Anti-Labor Environments And Employee Entrepreneurship: Evidence From Right-To-Work Laws
DRUID Conference
Location: Copenhagen, Denmark


13.06.2022
Entrepreneurial Failure and Reentry: The Role of Prior Financing Experience
DRUID Conference
Location: Copenhagen, Denmark


18.09.2021
When Does Entrepreneurial Failure Help the Next Tech-Based Start-Up?
AOM Annual Conference
Location: online


03.08.2021
When Does Entrepreneurial Failure Help the Next Tech-Based Start-Up?
AOM Annual Conference
Location: online

Courses

Spring 2021
Social DNA (for Hyejin Youn)
MBA Course, Teaching Assistant
Kellogg School of Management, Northwestern University, USA

Fall 2019
Microeconomics Principles
Undergraduate Course, Teaching Assistant
College of Business, KAIST, Daejon, South Korea

Spring 2018
Strategic Management Theory of Technology Innovation
Graduate Course, Teaching Assistant
College of Business, KAIST, Daejon, South Korea

Fall 2016 / Fall 2018 / Spring 2019
Innovation Management and Strategy
Graduate Course, Teaching Assistant
College of Business, KAIST, Daejon, South Korea

Spring 2017 / Fall 2017
Technology Management
Undergraduate Course, Teaching Assistant
College of Business, KAIST, Daejon, South Korea

Projects