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Entrepreneurship in South Korea

Entrepreneurship in South Korea
Entrepreneurship in South Korea
South Korea has established itself as a tech powerhouse, known for K-Startups, AI, blockchain, and deep tech innovations. The government actively supports entrepreneurs through funding programs, tax incentives, and startup accelerators. Seoul, the capital, is at the heart of the startup ecosystem, while Busan, Incheon, and Daejeon are also growing hubs for innovation. With fast internet infrastructure, a tech-savvy population, and strong corporate-startup collaboration, South Korea provides an ideal environment for scaling high-tech businesses.
South Korea has established itself as a tech powerhouse, known for K-Startups, AI, blockchain, and deep tech innovations. The government actively supports entrepreneurs through funding programs, tax incentives, and startup accelerators. Seoul, the capital, is at the heart of the startup ecosystem, while Busan, Incheon, and Daejeon are also growing hubs for innovation. With fast internet infrastructure, a tech-savvy population, and strong corporate-startup collaboration, South Korea provides an ideal environment for scaling high-tech businesses.
South Korea founders in numbers
The cofounder landscape in South Korea shows key patterns in startup activity and founder backgrounds. Among entrepreneurs in this region, 54% are exploring startup ideas, while 46% have committed to specific ventures. This mix of early-stage ideation and established projects shapes the South Korea startup community. Demographic insights about South Korea cofounders reveal a median age of 28.5, with an average of 33.1. The 25-32 age group makes up 39.4% of cofounders in South Korea. These age groups bring varied experience levels to the South Korea cofounder network. Skills and expertise among South Korea cofounders show 52% with technical backgrounds in engineering and technology fields, while 48% bring business expertise in marketing, operations, and product management. This blend of abilities enriches the South Korea startup ecosystem and creates potential matching opportunities. Popular industries for South Korea cofounders include Food, Aerospace, Sustainability and Games. Many cofounders in South Korea also speak multiple languages, adding global perspectives to the local startup scene.
Commitment Type
More than (54%) of Foundersbase founders in South Korea, are exploring startup ideas, while (46%) are committed to an idea.
Age
The median age of Foundersbase founders in South Korea is 28.5, while the average is age 33.1 with a maximum in the group of founders aging 25-32.
Type of Founder
About (52%) of Foundersbase founders in South Korea are technical (Engineering, AI/ML), while (48%) are non-technical (Product, Marketing, Operations).
Top industry interests
Discover the industries that Foundersbase founders in South Korea are most passionate about.
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