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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...
Persistent link: https://www.econbiz.de/10010464940
A creative economy requires innovation-friendly conditions. Korea’s innovation system should be improved by upgrading universities and expanding their role in business R&D, while increasing international collaboration in R&D from its current low level. The returns from Korea’s large...
Persistent link: https://www.econbiz.de/10010464970
. Upgrading entrepreneurship education and lowering the personal costs faced by entrepreneurs who fail would be beneficial. A …
Persistent link: https://www.econbiz.de/10011914660
With sound framework conditions, fine universities, good infrastructure and policies friendly towards foreign direct investment, Ireland scores high in international innovation scoreboards. Overall, policies to boost innovation and entrepreneurship are on the right track, but investment in...
Persistent link: https://www.econbiz.de/10010231006
Spain has chronically low productivity growth, which undermines its ability to generate higher living standards. Important contributors to low productivity growth are the misallocation of capital to low productivity firms and under-investment in knowledge-based capital. To foster a better...
Persistent link: https://www.econbiz.de/10011700361
financial inclusion is positively linked with entrepreneurship and it can open up economic opportunities for women entrepreneurs … entrepreneurs working in the informal sector or women working in the commerce sector, highlighting lower entry barriers, including … entrepreneurs in the formal sector and 63% more likely to be entrepreneurs in the informal sector, as compared to men, after taking …
Persistent link: https://www.econbiz.de/10011732712