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Innovation is the cornerstone of productivity, and the Korean government is going all in on supporting Korean SMEs that are producing the next generation of technology. Its objectives are to revitalize its economy, foster innovation, scale up business and proactively address future challenges. ST Youngwon is a perfect example of how Korean SMEs are leveraging government support and leading the way in innovation. Soon-sik Kwon, CEO of the Korean battery startup, explains how they cultivated industry expertise in tandem with government grants to innovate on separator film, expanding the film’s size to 30 percent larger than its competitors. He explains,
Overcoming Tomorrow’s Challenges With Korean SMEs Innovation
