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180616 ||| eng |
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|a Jones, Randall S.
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|a Promoting the Financing of SMEs and Start-ups in Korea
|h Elektronische Ressource
|c Randall S., Jones and Myungkyoo, Kim
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|a Promouvoir le financement des PME et des jeunes entreprises en Corée / Randall S., Jones et Myungkyoo, Kim
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|a Promouvoir le financement des PME et des jeunes entreprises en Corée
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|a Paris
|b OECD Publishing
|c 2014
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| 300 |
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|a 37 p.
|c 21 x 29.7cm
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| 653 |
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|a Korea, Republic of
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| 653 |
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|a Economics
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| 653 |
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|a Industry and Services
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|a Kim, Myungkyoo
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|a eng
|2 ISO 639-2
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| 989 |
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|b OECD
|a OECD Books and Papers
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|a OECD Economics Department Working Papers
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|a 10.1787/5jxx054bdlvh-en
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|a oecd-ilibrary.org
|u https://doi.org/10.1787/5jxx054bdlvh-en
|x Verlag
|3 Volltext
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|a 330
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|a The Korean government has made fostering a "creative economy" a top priority. The goal is to shift Korea's economic paradigm to one based on innovation in which new start-ups and venture businesses play a key role. However, the venture capital market is still at an early stage of development. To make venture investment a growth driver, it is important to expand the role of business angels, activate the merger-andacquisition market and foster entrepreneurship. A creative economy also depends on making SMEs, which account for 87% of employment, more dynamic. The productivity gap between large firms and SMEs, which benefit from a wide range of public support, is widening. SME policies should be streamlined and improved to promote market-based financing and reduce the negative effects of government funding programmes, which discourage the expansion of SMEs
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