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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...
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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...
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Making SMEs and start-ups a driver of growth and job creation requires a number of policies to improve the performance of SMEs, whose labour productivity in the manufacturing sector has fallen to less than a third of that in large companies. The large-scale support for SMEs should shift from...
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markets. It discusses platforms from a regulatory policy angle, including potential market failures in platforms, the extent … of self-regulation and possible regulatory responses through existing competition policy, consumer protection and data … protection instruments. It covers selected policy issues associated with these platforms including possible sources of bias in …
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Attitudes. Finally, policy solutions that would help overcome some of these barriers are also presented. …
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