Technology Incubator Program for Startups (TIPS) South Korea and Its Implications
Year: 2024
Type: article
Abstract: Technological innovation is perceived as a core element of national competitiveness via technological transition toward Artificial Intelligence (AI) and digitalisation across industries (Myovella et al., 2020). Many countries in the world are exploring new ways to support technology-based startups with various policies, as they believe these companies play a key role as actors, stimulating the national economy (Sala et al., 2022; Son et al., 2019). The South Korean government launched the Technology Incubator Program for Startups (TIPS) in 2013 and has produced many success stories (Ministry of SMEs and Startups South Korean government, 2024). In this paper, we address insights with various outcomes of TIPS and its implications for entrepreneurs and policymakers.
Authors: Sunwoo, Kim, Gilman, Mark, Park, Chongryol
Institutions: Science and Technology Policy Institute, University of Derby
Language: English
Topic: Innovation Policy and R&D
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W7086803064
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