Research Catalog

Title

Venture Capital Policies in Korea [electronic resource] / Günseli Baygan

Author

Baygan, Günseli.

Publication

Paris : OECD Publishing, 2003.

Details

Description

21 p.; 21 x 29.7cm.

Summary

The Korean venture capital market has grown dramatically in recent years, starting from a negligible base in the early 1990s and almost tripling between 1998 and 2001. Korea now ranks among the leading OECD countries in venture capital investment as a share of GDP. Korea weathered the severe financial crisis of 1997-98 to face the challenge of reducing the influence of large corporations (the chaebol) and augmenting the role of technology-oriented small firms. The government jump-started the venture capital market in 1998 through direct infusion of equity capital, generous tax incentives and equity guarantees, and the designation of certain small firms as "venture businesses". Concerns relate to the need to further privatise the venture capital system and to increase the supply of investment-ready small firms. This paper analyses trends in Korean venture capital markets and makes policy recommendations which have been developed through an OECD peer review process ...

Series Statement

OECD Science, Technology and Industry Working Papers, 1815-1965 ; no.2003/02

Uniform Title

OECD Science, Technology and Industry Working Papers, no.2003/02.

Subject

• Science and Technology
• Korea, Republic of

LCCN

10.1787/248000716362

OCLC

oecd-lib-002346

Author

Baygan, Günseli.

Title

Venture Capital Policies in Korea [electronic resource] / Günseli Baygan

Imprint

Paris : OECD Publishing, 2003.

Series

OECD Science, Technology and Industry Working Papers, 1815-1965 ; no.2003/02

OECD Science, Technology and Industry Working Papers, 1815-1965 ; no.2003/02.

Connect to:

http://dx.doi.org/10.1787/248000716362

Indexed Term

Science and Technology

Korea, Republic of

Other Standard Identifier

10.1787/248000716362 doi