"Creative Economy Doesn't Have to Be Extraordinary"...Yozma Chairman Erlich
"Creative Economy Doesn't Have to Be Extraordinary"...Yozma Chairman Erlich
  • Korea IT Times (info@koreaittimes.com)
  • 승인 2013.05.29 20:55
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SEOUL, KOREA - Yigal Erlich, chairman of the Yozma Group, an Israeli venture capital investment firm, said, "A creative economy [as the current Korean government seeks to build] doesn't have to be so extraordinary." He said this on May 28 in a speech at COEX in Seoul's Gangnam, adding, "Even without grandiose ideas, you can call it a creative economy if some entrepreneurial-minded people gather small ideas and create something valuable, no matter how modest they are."
 
Yozma chairman Erlich suggested Korean startup entrepreneurs to turn their eyesight overseas. "If you turn your gaze outward, you can meet partners that you have never thought existed. Even though Korea is geographically at a disadvantageous position, you should know this may be opportunity for Korean business."
 
He also asked the entrepreneurs not to be afraid of failure. "One failure doesn't mean the end of the world. Sometimes you need 'chutzpah' to overcome adversity and challenge the status quo." At the end, Erlich promised his Yozma Group will help Korean companies wanting to go overseas in any way it can.

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