A Study on the Venture Business TI Building a Creative Economy in Park’s
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Recently, The Geunhye Park administration is saying that it would get the economy back on track and bring about a new heyday for business ventures by virtue of promoting establishment of new business ventures to revitalize the "creativity economy", while focusing its economic policy on creating new added values and jobs through the convergence between IT and science. It can be said that there is an urgent need for the government to provide more drastic supportive measures - such as financing, human resources recruitment, training, tax benefits, and so on - to high-risk, high-return technology-centered start-ups venturing into new business territory, armed with new ideas and technologies. This paper has reviewed a number of tax support systems available at present in consideration of business ventures exerting their utmost effort to achieve innovations in management and develop new technologies in these tough economic times.
Abstract
Recently, The Geunhye Park administration is saying that it would get the economy back on track and bring about a new heyday for business ventures by virtue of promoting establishment of new business ventures to revitalize the "creativity economy", while focusing its economic policy on creating new added values and jobs through the convergence between IT and science. It can be said that there is an urgent need for the government to provide more drastic supportive measures - such as financing, human resources recruitment, training, tax benefits, and so on - to high-risk, high-return technology-centered start-ups venturing into new business territory, armed with new ideas and technologies. This paper has reviewed a number of tax support systems available at present in consideration of business ventures exerting their utmost effort to achieve innovations in management and develop new technologies in these tough economic times.
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