August 2, 2018
GEM data is used to measure the status of entrepreneurship in Korea and to estimate the results of relevant policies. The Korea Institute of Startup and Entrepreneurship Development (KISED), one of the representatives of GEM Korea, is annually evaluated as a public institution. Improvement-driven opportunity entrepreneurship is one of their performance indicators.
The results from the National Expert surveys (NES) showed that entrepreneurship education from elementary through to universities was insufficient. As a result, entrepreneurship classes were incorporated into regular courses and will now be expanded from a few grades to all educational levels by 2020.
The Korea Entrepreneurship Foundation (KEF) has worked with many partner organizations especially in the public sector when designing new projects in entrepreneurship education and have used GEM data in the discussions.
Stakeholders who use GEM
The Ministry of SMEs and Startups (MSS), the Ministry of Science and ICT(MSIT), the Ministry of Education and other government departments are the main entities that use the GEM results. For example, TEA (Early-stage entrepreneurial activity) is one of the key indicators that are used to evaluate the effectiveness of certain government policies. This is especially the case with the current government which is wanting to improve and enhance the entrepreneurial ecosystem.
GEM is also used by academics from universities for research and presenting papers at conferences and seminars.
Government websites
The official blog operated by The Ministry of Science and ICT(MSIT) uses GEM data.
Where are articles published?
GEM reports are frequently cited in the media as well as in editorials, opinion pieces and analytical articles.
Entrepreneurship programs
MSS and MSIT promote startup policies which tend to fall into four main categories, i.e. entrepreneurship education, mentoring and consulting, providing facilities and space and small business support.
GEM South Korea Economy Profile
This is a shortened version of a chapter that first appeared in the publication The Influence of GEM on Policy 2017/18.
If you would like information about forming a National Team in your country or sponsoring GEM’s work, email us at info@gemconsortium.org.