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Samsung Heir Vows Support for Startups

Samsung Heir Vows Support for Startups

SEOUL, July 6 (Korea Bizwire) — Samsung Electronics Vice Chairman Lee Jae-yong on Monday vowed support for startups in another on-site visit amid global uncertainties. Lee, the de facto leader of South Korea’s top conglomerate, Samsung Group, visited the tech giant’s startup incubation center in Suwon, south of Seoul, and encouraged workers at its in-house [...]

CUHK Business School Research Finds Individuals with Diverse Skills More Likely to Form Startups and Succeed as Entrepreneurs

CUHK Business School Research Finds Individuals with Diverse Skills More Likely to Form Startups and Succeed as Entrepreneurs

HONG KONG, CHINA, June 26 (Korea Bizwire) - If you have ever been called a “jack-of-all-trades,” you can rest assured the phrase “master of none” isn’t far behind. At the very least, it is often implied. But how relevant is this old saying in today’s business world? Unless you are a jack-of-all-trades who works in an [...]

Make-to-Order Strategy Gains Popularity Among IT Startups

Make-to-Order Strategy Gains Popularity Among IT Startups

SEOUL, April 20 (Korea Bizwire) — More businesses in the IT and startup industry are opting to check consumer demand first before manufacturing products and services as the number of active consumers is on the increase. This way, businesses can effectively reduce the risk of failure and minimize opportunity costs. Class 101, an online education [...]

War Against Virus Helps Korean Startups Shine

War Against Virus Helps Korean Startups Shine

SEOUL, March 12 (Korea Bizwire) — While the novel coronavirus outbreak is spreading at a rapid pace in Korea, Korean startup firms are also seeing their own technologies shine. Vodacom, a startup specializing in telecommunication platforms, decided to provide its “Video Help Me” (Videohelp.me) service free of charge until May for public institutions, small and [...]

Vacant Land Near Expressways to be Used for Agricultural Startups

Vacant Land Near Expressways to be Used for Agricultural Startups

DAEJEON, Jan. 22 (Korea Bizwire) — Young South Koreans are pioneering the use of vacant land near expressways to start agricultural businesses. The Korea Expressway Corp. (KEC) will distribute 3,800㎡ of land near Daejeon Southern Ring Expressway’s Annyeong Tollgate to student members of the Agricultural Startup Committee at Chungnam National University to develop agricultural startups. [...]