Policy Issue

Korea to Boost Entrepreneurship, Building up Startup-friendly Environment

The government unveiled its plan to support innovative startups, which covers creating startup-friendly environment, providing financial support and promoting venture capital. The plan is in line with the administration’s growth through innovation policies.  Create startup-friendly environment- Launch a ‘startup leave’ program, which allows returning to where he used to work in a company when he fails, to encourage talented employees to start his own business- Promote academic professionals’ venturing into their own business by giving them more flexibility in their employment contracts- Re...

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Nov 2017

About EB

The Economic Bulletin is a monthly English publication that covers the current status and future outlook of the Korean economy, as well as key economic policies and indicators. By sharing such information with foreign residents in Korea and international opinion leaders, the Economic Bulletin aims to generate a greater international level of understanding on the Korean economy.