Hahn Ryu, a South Korean entrepreneur (founder of innomdle Lab) gives us a very detailed report about the South Korean business ecosystem. You want to build a start-up in Korea, but you do not know if you should? Go ahead, definitely!
South Korea is a nation founded on entrepreneurship. Samsung was founded in 1938, a year before Hewlett Packard, one of the iconic firms of Silicon Valley. Although the economy has been dominated by conglomerates, this situation is changing. The country is going back to its very creative roots and the signs are that it will be an important part of the global startup ecosystem.