Recent Posts

A New Era of Innovation Begins

creative economy

开启创新新时代 Policymakers' desire to foster local venture ecosystem goes hand in hand with their initiatives on encouraging entrepreneurship. Recently, Korea Magazine's cover story reveals a significant change based on Korea government to develop the nation's "Creative Economy".

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Deciphering The Economics Of Venture Capital

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解密风险投资经济学 Black swan events were introduced by Nassim Nicholas Taleb in his 2001 book Fooled By Randomness, which concerned financial events. He outlined three characteristics of a black swan event:

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Epic Fails of the Startup World

ppioh

创业世界里史诗性的失败 We live in the age of the start-up when being an entrepreneur is easier than any time before, but yet "competition is fierce, profits are scarce, and venture capitalists aren't generous when it comes to later stages of funding", according to New Yorker's recent article "Epic Fails of the Startup World" in their Financial Page.

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The Venture Ecosystem Framework: Messy, Fast, and Global

Venture Model Title

Let us start with two related venture anecdotes that both occurred in February 2014: Rakuten Inc, one of Japan’s largest internet services companies, announced its acquisition of Viber, a Cyprus‑based (with Israeli roots) messaging company, at a reputed US$900m. Viber, one of the most popular mobile communications services in the world, with a rapidly growing global user base of 300 …

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Measuring Science Parks’ Performance

Science Parks front

Science parks are unique organizational forms that offer a platform for applied research to flourish. They are composed of research institutions, such as universities, and knowledge-intensive firms, including large, SMEs and incubator enterprises, which locate their research and development (R&D) activities in a particular geographical area, and their aim is to produce, leverage and translate knowledge into viable business products. In …

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