US, Chinese unicorns may lead, but South Korea shows it’s not a two-horse race

  • South Korean banks remain reluctant to invest in start-ups, an aversion to risk that is a legacy of the 1997 financial crisis
  • The government has pledged to invest US$5.9 billion in the field by 2022, but there is a long way to go – especially as the huge chaebol are still favoured

Topic |   South Korea