According to a survey on the motivation to start a business in South Korea in 2021, around 71 percent of respondents answered that they intended to build a large fortune by doing so. About 34 percent said the motivation stemmed from the fact that jobs are scarce in South Korea. Only nine percent of respondents wanted to make a difference in the world by starting a business, the second lowest figure among the 47 countries surveyed.
Motivation to start a business in South Korea in 2021
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$199 USD / Month *
Professional Account
Full access
Business Solutions including all features.
* Prices do not include sales tax.
Other statistics that may interest you Startups in South Korea
Overview
6
- Premium Statistic Leading startups APAC 2021, by total funding
- Premium Statistic Leading fintech startups APAC 2021, by total funding
- Premium Statistic Leading e-commerce startups APAC 2021, by total funding
- Premium Statistic Leading transportation startups APAC 2021, by total funding
- Premium Statistic Market value of unicorns in the Asia Pacific region as of April 2021, by country
- Premium Statistic Gender distribution of early-stage entrepreneurs Asia 2023, by country
Startups and unicorns
5
- Premium Statistic Number of new businesses South Korea 2000-2020
- Premium Statistic Number of new businesses South Korea 2022, by sector
- Premium Statistic Number of venture companies South Korea 1999-2022
- Premium Statistic Number of unicorns South Korea 2017-2022
- Premium Statistic Most valued unicorn companies in South Korea 2023
Investment and funding
8
- Premium Statistic New venture capital investments South Korea 2011-2023
- Premium Statistic New VC investments South Korea 2022, by industry
- Premium Statistic Number of venture capital firms South Korea 2011-2023
- Premium Statistic New venture capital investments South Korea 2022, by business age
- Premium Statistic Most preferred venture capital firms South Korea 2022
- Premium Statistic Success rate of crowdfunding campaigns South Korea 2016-2023
- Premium Statistic Distribution of successful crowdfunding campaigns South Korea 2023, by industry
- Premium Statistic Biggest obstacles in attracting investment South Korea 2022
Startup ecosystem
7
- Premium Statistic Survival rate of businesses compared to OECD nations South Korea 2019, by age
- Premium Statistic Motivation to start a business South Korea 2021
- Premium Statistic Entrepreneurship framework conditions South Korea 2022, by indicator
- Premium Statistic Startup ecosystem perception by founders South Korea 2016-2021
- Premium Statistic Most helpful government policies on startup ecosystem South Korea 2022
- Premium Statistic Startup ecosystem expectation among founders South Korea 2022
- Premium Statistic Urgent improvements for a better startup ecosystem South Korea 2022
Startup founders and employees
5
- Premium Statistic Share of startup founders South Korea 2020, by gender
- Premium Statistic Share of startup founders South Korea 2020, by age
- Premium Statistic Startup founders in South Korea 2020, by education level
- Premium Statistic Satisfaction of startup employees with their lifestyle South Korea 2022
- Premium Statistic Annual salary of startup employees South Korea 2021
Further Content: You might find this interesting as well
GEM. (February 10, 2022). Motivation to start a business in South Korea in 2021 [Graph]. In Statista. Retrieved May 21, 2024, from https://www.statista.com/statistics/1323696/south-korea-motivation-to-start-a-business/
GEM. "Motivation to start a business in South Korea in 2021." Chart. February 10, 2022. Statista. Accessed May 21, 2024. https://www.statista.com/statistics/1323696/south-korea-motivation-to-start-a-business/
GEM. (2022). Motivation to start a business in South Korea in 2021. Statista. Statista Inc.. Accessed: May 21, 2024. https://www.statista.com/statistics/1323696/south-korea-motivation-to-start-a-business/
GEM. "Motivation to Start a Business in South Korea in 2021." Statista, Statista Inc., 10 Feb 2022, https://www.statista.com/statistics/1323696/south-korea-motivation-to-start-a-business/
GEM, Motivation to start a business in South Korea in 2021 Statista, https://www.statista.com/statistics/1323696/south-korea-motivation-to-start-a-business/ (last visited May 21, 2024)
Motivation to start a business in South Korea in 2021 [Graph], GEM, February 10, 2022. [Online]. Available: https://www.statista.com/statistics/1323696/south-korea-motivation-to-start-a-business/