Most helpful government policies on startup ecosystem South Korea 2019

According to a 2019 survey, startup founders chose pre- and post-TIPS to be the most helpful government policy for the startup ecosystem, followed by the establishment of a favorable/convenient investment environment and deregulation. Usually, the older startups, those established at least a year ago, found these policies helpful. For young startups less than a year old, the establishment of startup parks or youth innovation towns was the most helpful policy.

Most positively perceived current government policy on startup ecosystem in South Korea as of September 2019

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Release date

November 2019


South Korea

Survey time period

September 17 to 25, 2019

Number of respondents

149 founders*

Supplementary notes

*In total, 1,099 respondents including 149 founders, 250 IT/knowledge service startup employees, 500 employees of large corporations (Samsung, Hyundai Motors, LG, etc), and 200 college seniors participated in the survey.

Original question:
"Which policy led by the current government do you think is the most helpful for the startup ecosystem?"

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Statistics on "Startups in South Korea "

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