Technology Venture Startup Invigoration Strategy for Building Infrastructures for the Business Startup Ecosystem

Conference paper
Part of the Lecture Notes in Electrical Engineering book series (LNEE, volume 279)

Abstract

The people who wish to establish a business should have excellent relevant knowledge, technology, and entrepreneurship skills, and should be able to address the issue of job creation accompanied by employment. Startup companies accounted for about 6.6% of the country’s gross domestic product (GDP) in 2009 and 9.8% of the total employment nationwide, according to Korea Institute of Startup & Entrepreneurship Development, and are highly likely to create job opportunities. Technology venture startups apply the research outcomes from enterprises, universities, research institutes, etc. to real businesses and can provide new products through technology innovations, can create new markets, and can vitalize regional economies. As such, it is necessary to conduct continuous studies, pursue policy development, and make proposals on the technology venture startup ecosystem.

Keywords

Startup startup ecosystem technology venture startup environment technology venture invigoration strategy 

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Copyright information

© Springer-Verlag Berlin Heidelberg 2014

Authors and Affiliations

  1. 1.Dept. of Business Incubation AgencyInduk UniversitySeoulKorea
  2. 2.Dept. of Social WelfareKyung Hee Cyber UniversitySeoulKorea

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