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The evolutionary process of venture incubation in Korea

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  • Kark Bum Lee

Abstract

The emergence of the internet-based economic paradigm has come to play a crucial role in the restructuring of the Korean economic system. One of the main devices of economic restructuring, the Korean government attempts to nurture technology-intensive small and medium firms. As a result, the importance of incubating technology-centred venture firms emerged as a major issue in public in Korea's public and private sector. This paper investigates the mechanisms and characteristics of incubating start-ups in Korea during its evolutionary process from the end of the 1990s to the present day.

Suggested Citation

  • Kark Bum Lee, 2003. "The evolutionary process of venture incubation in Korea," International Journal of Entrepreneurship and Innovation Management, Inderscience Enterprises Ltd, vol. 3(1/2), pages 78-86.
    • Handle: RePEc:ids:ijeima:v:3:y:2003:i:1/2:p:78-86
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