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Korea s struggle to create its own Silicon Valley

Han Min-jin, a 26-year-old engineering student at a local college in Seoul, is living his dream. He founded a small business named Byit last year offering services for community sports events.

“Starting a business was a dream come true after a mundane internship with a local accounting firm,” Han said in an interview last week.

Han is among the thousands of Koreans in their 20s and 30s who founded their own companies in the ongoing South Korean start-up boom of the 2010s.