EXAMINING THE CREATIVE ECONOMY POLICY IN SOUTH KOREA (2013 - 2017): THE CASE OF SEOUL GLOBAL STARTUP CENTER

Abstract

This research examines the structure of the Creative Economy Policy in South Korea and the Seoul Global Startup Center by studying its structure and characteristics. The research was conducted through the collecting of primary data by an in-depth interview and analyzed using the SWOT analysis. This research points out that government agencies set goals and strategies for an effective Creative Economy Policy to support Korean citizen in turning their ideas into valuable products and services. The government also made efforts in establishing centers to support startups in conducting research and development. Among numerous centers in Korea, the Seoul Global Startup seeks to support foreigner startups through a sustainable system. The study also depicts that the Seoul Global Startup Center has potentials to benefit South Korea by increasing income, creating more jobs to resolve the unemployment issues in South Korea.