Yoon Jee-whan, a Korean student at the George Washington University's School of Business (GWSB), won an outstanding paper award by the International Council for Small Business (ICSB), the council announced Saturday.
"I hope to be able to continue contributing to the growth of small businesses," Yoon said. "I will continue my research in aiding the international quest for increasing the number of ventures, along with other scholars in my field."
The ICSB was established in 1955. Some 2,000 entrepreneurs and professors are members of the association. It held its general assembly in Korea in 2009.
Yoon received the award at the ICSB's June 20-23 world conference in Puerto Rico for his dissertation, "Entrepreneurial orientation gone risky; a lesson from Asian culture and its impact on firm performance."
As for his paper, Yoon said that it would not work to impose Western standards on Asian business culture.
He emphasized the need to accept the differences between Western and Asian business cultures and to adapt to make sure the standards imposed fit with the social framework of Asian businesses.
Yoon earned his dual bachelor's degrees in business administration and economics from Korea University and received his master's degree from the Department of Healthcare Management and Policy from the University of Michigan, Ann Arbor.
Before joining the GWSB, Yoon worked for McKinsey & Company, a management consulting firm.
At school, he has focused on organizational behavior and human resource management.