Industry
Kim Bong-jin says Tada incident left psychological barrier to innovation, calls for startup regulatory reform
Kim Bong-jin, founding chair of the Korea Startup Forum and founder of Baemin, said the Tada incident left entrepreneurs with a psychological barrier to building innovative services. Former and current forum chairs, marking the group’s 10th anniversary, called for improvements to the startup regulatory environment, including a shift to negative regulation and the creation of a fair, open market for competition. They also urged continued dialogue with government and parliament to improve systems.