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A Study on the Domestic Scale-up Policy Direction through the Analysis of Scale-up Support Policy for Global Startups  

Hong, Dae Ung (Dept. of Technology Entrepreneurship, Graduate School, Dongguk University)
Jun, Byung Hoon (Dept. of Technology Entrepreneurship, Graduate School, Dongguk University)
Publication Information
Asia-Pacific Journal of Business Venturing and Entrepreneurship / v.14, no.6, 2019 , pp. 11-27 More about this Journal
Abstract
The second venture "boom" diffusion strategy can be confirmed to be focused only on financing investment and finance, including achieving 5 trillion won annually in new venture investments, creating 20 unicorns, activating M&As and creating dynamic recovery markets. Of course, existing studies show that the fund is a very important policy for corporate growth, but various policy support will be needed to effectively scale up. To overcome these limitations, the scale-up support policies already in operation are analyzed by introducing scale-up policies in advanced countries such as the U.S. and Britain. It also aims to analyze domestic scale-up policies to draw up implications for establishing more effective scale-up policies. Academically, we are very lacking in research on scale-up at home and abroad, and we propose suggestions through this comparative study of policy cases to contribute to the promotion of various studies related to the scalability aspects of future research topics related to scale-up.
Keywords
Scale up; Global Scale Up Policy; Domestic Scale Up Policy; Scale up ecosystem model; Founding Policy; Start up;
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