A national success story has emerged in the 50 years following the Korean War and a foretaste of the changes to potentially come in other parts of the world.
South Korea is widely regarded as being six to 24 months ahead of the rest of the world in innovation and technology, and this means government and corporation support for venture capital (VC) firms could become equally prominent in other areas of the world too.
The country’s economic rise since the partition of the country at the 38th parallel in 1953 has been impressive. Although military tensions with North Korea remain, the southern republic has moved from virtually the entire…
