Promoting the Financing of SMEs and Start-ups in Korea:
The Korean government has made fostering a "creative economy" a top priority. The goal is to shift Korea's economic paradigm to one based on innovation in which new start-ups and venture businesses play a key role. However, the venture capital market is still at an early stage of deve...
Saved in:
| Main Author: | |
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| Other Authors: | |
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Paris
OECD Publishing
2014
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| Series: | OECD Economics Department Working Papers
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| Subjects: | |
| Links: | https://doi.org/10.1787/5jxx054bdlvh-en |
| Summary: | The Korean government has made fostering a "creative economy" a top priority. The goal is to shift Korea's economic paradigm to one based on innovation in which new start-ups and venture businesses play a key role. However, the venture capital market is still at an early stage of development. To make venture investment a growth driver, it is important to expand the role of business angels, activate the merger-andacquisition market and foster entrepreneurship. A creative economy also depends on making SMEs, which account for 87% of employment, more dynamic. The productivity gap between large firms and SMEs, which benefit from a wide range of public support, is widening. SME policies should be streamlined and improved to promote market-based financing and reduce the negative effects of government funding programmes, which discourage the expansion of SMEs |
| Physical Description: | 1 Online-Ressource (37 Seiten) 21 x 29.7cm |
| DOI: | 10.1787/5jxx054bdlvh-en |
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| indexdate | 2025-01-11T15:45:33Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-033314059 |
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| physical | 1 Online-Ressource (37 Seiten) 21 x 29.7cm |
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| publishDate | 2014 |
| publishDateSearch | 2014 |
| publishDateSort | 2014 |
| publisher | OECD Publishing |
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| series2 | OECD Economics Department Working Papers |
| spellingShingle | Jones, Randall S.. Promoting the Financing of SMEs and Start-ups in Korea Economics Industry and Services Korea, Republic of |
| title | Promoting the Financing of SMEs and Start-ups in Korea |
| title_alt | Promouvoir le financement des PME et des jeunes entreprises en Corée |
| title_auth | Promoting the Financing of SMEs and Start-ups in Korea |
| title_exact_search | Promoting the Financing of SMEs and Start-ups in Korea |
| title_full | Promoting the Financing of SMEs and Start-ups in Korea Randall S. Jones and Myungkyoo Kim = Promouvoir le financement des PME et des jeunes entreprises en Corée / Randall S. Jones et Myungkyoo Kim |
| title_fullStr | Promoting the Financing of SMEs and Start-ups in Korea Randall S. Jones and Myungkyoo Kim = Promouvoir le financement des PME et des jeunes entreprises en Corée / Randall S. Jones et Myungkyoo Kim |
| title_full_unstemmed | Promoting the Financing of SMEs and Start-ups in Korea Randall S. Jones and Myungkyoo Kim = Promouvoir le financement des PME et des jeunes entreprises en Corée / Randall S. Jones et Myungkyoo Kim |
| title_short | Promoting the Financing of SMEs and Start-ups in Korea |
| title_sort | promoting the financing of smes and start ups in korea |
| topic | Economics Industry and Services Korea, Republic of |
| topic_facet | Economics Industry and Services Korea, Republic of |
| url | https://doi.org/10.1787/5jxx054bdlvh-en |
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