'Chaebol will become even larger' vs. 'growth momentum needed'
By Lee Kyung-min
Corporate venture capital (CVC) will be a double-edged sword that could both galvanize the flagging economy and exacerbate polarization of wealth based on the principle of "economies of scale," experts said.
The issue came to the fore after the government decided to "restrictively allow" holding firms to own CVC, as part of directives for the second half of 2020. The government and both ruling and opposition parties in unison have since sought a swift passage of a revision to facilitate the initiative.
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