innovation
Can Korea Rise To The Challenge Of Global innovation Leader?
2014년 12월 25일

“When it comes to innovation Korea is a global leader” – Mark Zuckerburg The above statement comes from a speech Mark Zuckerberg, Facebook CEO delivered recently, and demonstrates a changing tide of thought about Korea. No more the ‘Land of Morning calm’ it once was, Korea is emerging emboldened onto the world stage, ready to prove itself, no matter what. My recent article described Korea’s top accelerators and their efforts in providing…

Is The Korean Government Doing Too Much in Support Of Entrepreneurship?
2014년 10월 22일

“We look forward to another success story with startups here in Daejon,” said President Park Geun-hye during a ceremony to launch yet another innovation center in Korea. While government support for Korean startups has been impressive, is it time for the politicians to take a step back? At some point the ecosystem must be allowed to develop of its own volition and startups surviving off the back of government handouts alone must…

OnnuriDMC Develops Tech To Track Mobile Users In Real Time, Mobile Advertisers Rejoice
2014년 10월 08일

Sparklabs fourth batch recently kicked off and I had the chance to speak with one of their most promising startups, OnnuriDMC. OnnuriDMC operates a mobile advertising platform, CrossTarget, that the founders believe has solved a major issue for mobile advertisers; being able to track users in the mobile app environment in real time. Background In the PC environment advertisers are able to easily track user behavior through cookies, but this is generally…

New Global Strategies Required For Korea To Realize Opportunities In ICT
2014년 10월 01일

For as much as the last fifteen years Korea has been emerging as one of the front-runners in global tech innovation, but has failed time and time again to capitalize fully on the opportunities. Smartphones, 4G mobile internet, MP3 players, social networks, and mobile payments are just a few examples. Nowadays, the U.S. and China, not Korea, are spearheading the growth of these markets and Korea is at a dangerous position, likely…

A look into the beGLOBAL Startups: Keukey and Vingle
2014년 09월 26일

The second beGLBOAL in Silicon Valley, September 12th, clearly demonstrated that Korean entrepreneurship has come a long way in the last 12 months. Here we take a look at two of the companies that showcased at the event which again gathered some of Silicon Valley’s top investors and entreperneurs to discuss global entrepreneurship and investing. Ten carefully selected Korean startups also showcased, hopeing to attract the attention of US investors, partners and…

As ‘Silicon Valley Mindset’ Takes Hold In Korea Samsung Employees Leave To Found A Startup
2014년 09월 24일

David Lee and Ryan Kwon, founders of a new startup Mobidoo, had hit the career jackpot by securing lucrative roles in Samsung. But chasing a bigger dream, but have now left to start their own company. While stories like this are still rare, they demonstrate a growing number of Koreans who are embracing the ‘Silicon Valley mindset.’  These brave young people are embracing the risk and opportunity presented by entrepreneurship instead of…

As Google Commits To New Seoul Campus And Overseas Interest Intensifies Samsung Remains Absent From Local Scene
2014년 08월 28일

Google, on an international mission to rapidly connect with the global startup community, has recently announced that it will open a startup campus in Seoul, Korea next year. This comes at a time when Korean entrepreneurs are beginning to prove that they have what it takes to make an impact, as exemplified by a statement from Google’s Bridgette Beam: “Korean innovators and entrepreneurs are some of the best in Asia, and Korean startups are making headlines around…

A Team of Korean Neuroscientists and Engineers Develops Wearable Tech To Combat Effects of Alzheimers

A team of Korean Engineers, PhD-level Neuro-scientists and ex-Googlers is taking on one of the most feared brain diseases we face in the modern age. Alzheimer’s Disease (AD) kills around 500,000 each year and the cost of care globally is estimated at $220Bn per annum. While this degenerative disease has no cure, YBrain has developed a solution for slowing the affects, with a rate of success believed to be greater than any…

Korea’s Pivotal Moment As Entrepreneurship Takes Centre Stage
2014년 03월 31일

In January in Davos, Switzerland, South Korea’s first female President, Park Geun-Hye pushed forward with a multi-billion “Creative Economy” policy. Although Korea has seen a great rise in GDP and living conditions in the last 50 years, President Park now believes the current economic growth environment in Korea has reached its limit, and just like startups often need to, she has decided to pivot the Korean economy to embrace innovation as a…

Managing Innovation (2) – 기업의 혁신을 위한 두 번째 필수 조건 “적절한 인재 관리”
  ·  2014년 02월 28일

기업의 성장은 필연적으로 초기에 가지고 있었던 혁신적 DNA를 퇴색시킨다. 그러나 몇몇 기업은 거대기업으로 성장한 후에도 그 혁신성을 유지하며, 끊임없는 혁신을 통해 더욱 다음 단계로의 혁신을 이어간다. 그와 같은 기업의 대표적 예인 Google의 사례를 통해, 어떻게 하면 우리의 기업 역시 그들과 같이 ‘지속적인 성장’과 ‘끊임없는 혁신’이라는 두 마리 토끼를 잡을 수 있는지를 함께 살펴보고자 기획된 본 시리즈는 지난주에는 “혁신의 토대로서의 기업의 체계(System)”를 다루었다. 본 편에서는 혁신을 위한 두 번째 필수 조건을 살펴본다.  …

Groundbreaking Device-Device Technology From Korea, The Days Of NFC Are Numbered
2014년 02월 04일

Korean researchers have developed a next-generation mobile communication technology that enables devices to directly communicate, long range, without going through a base station. The solution allows direct communication between LTE devices, a world first, and was successfully demonstrated it in the company’s mobile communication lab. ETRI’s technology was highlighted by the international standardization organization, 3GPP, as a stand out new-tech innovation last year and was praised for having a wider communication range…

S. Korea Global No. 1 For Innovation, Ahead Of Sweden And USA
2014년 01월 28일

While many believe that the USA leads the world in innovation, with Silicon Valley as the heart of everything, there are other nations that are making an impact. Bloomberg recently conducted a survey of 215 countries to determine their ‘Innovation Quotient’ and ranked South Korea as number 1 in the world for 2013. South Korea has achieved phenomenal economic growth over the last four decades, and is now is a position globally…

Korea’s No. 1 Tech Startup Event From beSUCCESS is Open! Join beLAUNCH 2014, May 14-15 2014 in Seoul
2014년 01월 24일

beSUCCESS, Korean startup media organization, events organizer, and global connector is happy to officially announce that their flagship startup event, beLAUNCH, is back in 2014 in a year that is already heating up to be one of the most promising for Korean, Asian, and Global entrepreneurship. The event will be held May 14 – 15 at the brand new Dongdaemun Design Plaza in the heart of Seoul. In addition, this year there…

President Park Urges CEOs to Innovate, Pushing Korean Tech to Next Level
2014년 01월 16일

President Park Geun-hye urged scientists and information-communication technology (ICT) experts Friday to work harder to develop new technologies and innovate, saying South Korea can’t afford any stalling in such efforts in a fast-moving global economy. “New technologies and industries are now moving forward at a dazzling pace in many parts of the world,” Park said in a speech at a New Year’s meeting with leaders of the science-technology and ICT sectors. “We…

Korean Government to promote Software Innovation in Key Domestic Industries in 2014
2014년 01월 02일

In 2014 The Ministry of Trade, Industry and Energy (MOTIE) will a role out a raft of mid-to long-term software projects to bolster a number of domestic strategic industries. This will be achieved by developing 100 key software platforms for SMEs and foster high-quality human resources by organizing various educational programs. While it is certainly a positive step that the government is supporting these key industries, and is dedicated to bolstering innovation in…

Korea’s Drive Towards A Creative Economy Explained
2013년 10월 08일

Since the election of President Park earlier this year The Korean Government has embarked on an ambitious and expensive crusade to bring innovation to the fore of the Korean economy and to encourage a retreat from the country’s current dependence on a tiny number of huge family run businesses (Chebols), such as Samsung, Hyundai, LG and telecom SK. In order to achieve their ambition the government has been pumping money into the…

Come listen to Marc Shedroff, VP of Samsung’s $1Bn Open Innovation Center in Silicon Valley
2013년 08월 22일

Large corporates, particularly Korean large corporates, have often been charged with the slogan that, “big companies don’t innovate”. That’s a statement Marc Shedroff, VP at Samsung’s Open Innovation Center in Silicon Valley, disagrees with. Samsung, which now has a $1Bn R&D operation in the heart of Silicon Valley, is pushing hard to convert new ideas into innovative products in an increasingly tough market (primarily phones & tablets). The company spends over $10…

혁신조직은 필요 없다
  ·  2013년 04월 12일

원문: Innovation teams don’t work. Here’s what does 초창기 스타트업을 위한 VC인 Sigma West 사의 파트너, 그렉 그레치의 기고문입니다. 필자의 회사인 Sigma는 1년에 한 번씩 회사 포트폴리오 기업들의 CEO를 한 자리에 모은다. 여기서 우리는 기술, 비즈니스 모델, 실리콘 벨리, 시장에 대한 최신 트렌드와 함께, 각자의 경험을 공유한다. 매 번 이 행사가 끝날 때마다, 많은 분들이 다른 참가자로부터 좋은 것들을 얻었노라고 이야기한다. 스타트업을 경영한다는 것은 좋은 결정들을 최대한 많이 만들어 내면서, 나쁜 결정은…

“혁신”이란 무엇인가?
  ·  2013년 02월 06일

역설(Paradox)은, ‘전에 없던 새로운 것’을 뜻하는 “혁신”이라는 단어가 이제 우리 삶에서 가장 익숙한 단어 중 하나가 되어버렸다는 것이다. 그 산업과 규모를 막론하고 각 기업들은 저마다 자신의 Offering이 혁신적인 것임을 주장하기 때문이다. 그리고 실제로 혁신적인 제품들이 오늘날 우리의 삶을 과거에 비해 훨씬 더 다채로운 것으로 만들어 주고 있기도 하다. 그러나 소비자로서의 우리가 그들 모두의 주장에 동의하지는 않음 역시 사실이다.