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Friday, August 1, 2014

The next global hub for tech startups?

Somehow I missed reading the Forbes article earlier this year on "Why South Korea will be the next global hub for tech startups."  It was published in February and, while it gives an unabashedly optimistic view of prospects for venture firms and start ups here, it is definitely worth reading.  (click on the graphic to see a full size version)
I agree with a number of points made in the short article, including the new "creative economy" direction charted by the Park Geun-hye administration and the fact that mobile game developers are on the leading edge of developments here.   However, the changes it describes may take longer than anticipated insofar as they are generational and involve a shift in the cultural mindset, even for younger Koreans, toward a completely global outlook.

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