In 2022, there were about 32.2 thousand high-potential ventures in South Korea, down from about 37.7 thousand two years before. The number of high-potential ventures had previously increased sharply over the past two decades.
Number of high-potential ventures in South Korea from 1999 to 2022
(in 1,000s)
Characteristic
Number of venture businesses in thousands
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A high-potential venture or venture business is a technology-intensive small and medium-sized enterprise (SME) that develops cutting-edge technology and ideas for its business and meets the requirements of Article 2-2 of the South Korean Act on Special Measures for the Promotion of Venture Businesses.
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Statistics Korea. (January 30, 2024). Number of high-potential ventures in South Korea from 1999 to 2022 (in 1,000s) [Graph]. In Statista. Retrieved July 03, 2024, from https://www.statista.com/statistics/1331139/south-korea-number-of-venture-companies/?session=1cafc8400282cc305e45499d1e07433a
Statistics Korea. "Number of high-potential ventures in South Korea from 1999 to 2022 (in 1,000s)." Chart. January 30, 2024. Statista. Accessed July 03, 2024. https://www.statista.com/statistics/1331139/south-korea-number-of-venture-companies/?session=1cafc8400282cc305e45499d1e07433a
Statistics Korea. (2024). Number of high-potential ventures in South Korea from 1999 to 2022 (in 1,000s). Statista. Statista Inc.. Accessed: July 03, 2024. https://www.statista.com/statistics/1331139/south-korea-number-of-venture-companies/?session=1cafc8400282cc305e45499d1e07433a
Statistics Korea. "Number of High-potential Ventures in South Korea from 1999 to 2022 (in 1,000s)." Statista, Statista Inc., 30 Jan 2024, https://www.statista.com/statistics/1331139/south-korea-number-of-venture-companies/?session=1cafc8400282cc305e45499d1e07433a
Statistics Korea, Number of high-potential ventures in South Korea from 1999 to 2022 (in 1,000s) Statista, https://www.statista.com/statistics/1331139/south-korea-number-of-venture-companies/?session=1cafc8400282cc305e45499d1e07433a (last visited July 03, 2024)
Number of high-potential ventures in South Korea from 1999 to 2022 (in 1,000s) [Graph], Statistics Korea, January 30, 2024. [Online]. Available: https://www.statista.com/statistics/1331139/south-korea-number-of-venture-companies/?session=1cafc8400282cc305e45499d1e07433a