Although South Korea is considered a country with advanced venture capital, it is pointed out that the supply of venture capital to start-ups is insufficient compared to Korea’s market size. Accordingly, it is said that a virtuous cycle system of venture capital should be established according to the stages of a company’s growth.
"As Korea is a country in which its venture capital market developed via government-led growth policies, its development is still slow," said Kim Jong-min, head of funds and pensions at the Korea Capital Market Institute in a seminar on the roles of finance for innovation growth held at the Korea Financial Investment Association Building in Yeoido, Seoul on November 6.
Image: http://www.businesskorea.co.kr
