MIT REAP Team Seoul’s regional focus is on the city of Seoul, with the ambition to impact all of South Korea. Seoul Metropolitan Government is the backbone organization in MIT REAP Team Seoul. The team is also represented by a strong entrepreneurial and corporate group, as well as Sogang University, Korea Growth Investment Corporation, and Ministry of Strategy and Finance.
Innovation Ecosystem Stakeholder Model
Champion Professor, Sogang University
Co-founder/ Doctoral Student, Onionfive/Sogang University
Vice President, KT
Senior Research, Korea Small Business Institute
Manager, Korea Growth Investment Corporation
Former CEO, SIT Engineering Company/ Sogang University
Assistant Manager, Office of Growth Ladder Fund
Deputy Director, Ministry of Strategy and Finance
Research Fellow, LG Economic Research Institute
Head of Campus Seoul, Google Campus Seoul
Director General, Ministry of Strategy and Finance
Director, Ministry of Strategy and Finance
Challenge & Opportunity
Strategy & Action
Potential corporate or government bias against startups and disruption
Need for proof of accelerator’s success on the national policy level.
Coordinatewith 17 South Korean Centers for Creative Economy and Innovation (CCEI) – specifically on Infrastructure and education;
Innovation-Driven Entrepreneurial Ecosystems are regional environments that effectively support startups focused on addressing global markets based on technological, process or business model innovation.
Ability to develop new to the world innovations from inception through to the market.
-Pool of innovators
-Education in tech and commercialization