According to a survey conducted in South Korea in 2022, around 79 percent of total early-stage entrepreneurs stated that they are starting or running a new business to build great wealth or a very high income. Another motivation for South Korean entrepreneurs was to earn a living due to job scarcity.
Motivation for early-stage entrepreneurial activity in South Korea in 2022
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GEM. (February 16, 2023). Motivation for early-stage entrepreneurial activity in South Korea in 2022 [Graph]. In Statista. Retrieved March 29, 2024, from https://www.statista.com/statistics/880556/south-korea-early-stage-entrepreneurial-activity-motivations/
GEM. "Motivation for early-stage entrepreneurial activity in South Korea in 2022." Chart. February 16, 2023. Statista. Accessed March 29, 2024. https://www.statista.com/statistics/880556/south-korea-early-stage-entrepreneurial-activity-motivations/
GEM. (2023). Motivation for early-stage entrepreneurial activity in South Korea in 2022. Statista. Statista Inc.. Accessed: March 29, 2024. https://www.statista.com/statistics/880556/south-korea-early-stage-entrepreneurial-activity-motivations/
GEM. "Motivation for Early-stage Entrepreneurial Activity in South Korea in 2022." Statista, Statista Inc., 16 Feb 2023, https://www.statista.com/statistics/880556/south-korea-early-stage-entrepreneurial-activity-motivations/
GEM, Motivation for early-stage entrepreneurial activity in South Korea in 2022 Statista, https://www.statista.com/statistics/880556/south-korea-early-stage-entrepreneurial-activity-motivations/ (last visited March 29, 2024)
Motivation for early-stage entrepreneurial activity in South Korea in 2022 [Graph], GEM, February 16, 2023. [Online]. Available: https://www.statista.com/statistics/880556/south-korea-early-stage-entrepreneurial-activity-motivations/