earticle

영어

Startup supporting policy in Korea has been traditionally implemented by top-down policy from government. But many of diverse and effective startup supporting policy in foreign countries has been implemented by bottom-up policy from private and public joint projects, so that able to use know-how and resources of private incubators and venture capitals. And there are also following of systemic support from government. For this reason, Korea instituted TI(Technical Incubator) program of Israel in year of 2013. This program called TIPS(Tech Incubator Program for Startup), shows notable effectiveness compared to existing top-down policy. More specific points, this paper is to suggest a prime example startup policy compared to several foreign case (TI program of Israel, Startup America Initiative, and open innovation case of Japan) In Korea, corporate supporting policy shows a tendency to be led by conglomerate. In the past, Korea was one of the poorest in the world because of occupied period and the Korean War. But after decade, Korea accomplished very rapid economic growth by massive commitment of resources for conglomerate what being initiated by a government policy. Being affected by corporate supporting policy, venture and startup supporting policy is also led by government. But it causes several problems as following. First, excessively concentrated to qualitative growth, it causes lack of internal stability. Second, the moral hazard of startup companies was found. And excess in policy bring about effectiveness matters. Finally, there’s most essential problem which is deficient of inducement for private incubators and venture capitals. To solving described above problems, TIPS program is initially instituted and properly perform a function. This paper is to suggest necessity of paradigm shift from top-down to private and public joint startup supporting policy. And it describes successful introduction process of TIPS, and figure limitation factor of this program out. Finally it describes the problem solving and how to improve this program, so that can increase the productivity in the startup supporting policy. This paper based on the case study of reference and papers concerning to startup policy, related research trend, and research report from relative organizations.