Flexible Rules Could Lift Korea Startup Funding
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3 Articles
Flexible Rules Could Lift Korea Startup Funding
South Korea could attract an additional ₩2.4 trillion in annual venture capital investment and see hundreds more startups launched each year if digital regulations become more enabling, according to a new study by Oxford Economics commissioned by Digital Prosperity Asia (DPA). The report argues that while digital regulations play an important role in strengthening trust, security and consumer protection, growing compliance requirements are placi…
South Korea Digital Regulation Startups Face Mounting Funding Hurdles
Digital Prosperity Asia and Oxford Economics have released a study on the financial impact of digital regulations on startups in South Korea. The research reveals that 86% of local startups face operational constraints due to compliance requirements, which are increasingly diverting funds away from research and development. The study highlights how compliance obligations are becoming a structural cost rather than a one-time adjustment. According…
Adaptive digital regulations that support innovation are considered a potential new driver of Indonesia's economic growth. Recent research, initiated by Meta and compiled by Deloitte Access Economics, estimates that appropriate digital policies have the potential to generate additional economic value of up to US$32 billion.
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