Emphasizing the Need for Government Matching Programs

Assemblywoman Yang Hyang-ja: "Matching 'Senior-Startup'... Must Prevent Talent Drain" View original image

[Asia Economy Honam Reporting Headquarters, Reporter Yoon Jamin] Yang Hyang-ja, a member of the National Assembly (Democratic Party of Korea·Gwangju Seo-gu Eul), stated, "We must prevent the outflow of talent through 'Senior-Startup Matching.'"


Yang said, "There was a recent report that Chinese companies who recruited our domestic engineers only took advantage and then discarded them," adding, "It is not a new phenomenon that China is poaching talent from our companies."


He continued, "There are various reasons why verified senior technicians head to China," and argued, "It is not only about higher compensation, children's education, or internal company politics, but the more fundamental issue is that their roles are disappearing within our corporate ecosystem."


He also emphasized, "Their wisdom and experience are still valid and necessary, but we have yet to find ways to utilize them," and said, "Even when attracting investment, having verified senior technical and managerial personnel adds credibility, and even when developing a single advanced technology, their long experience and accumulated networks provide greater assistance."


Yang introduced the 2015 film Intern.


The movie Intern tells the story of a 30-year-old CEO (Anne Hathaway) of a startup that succeeded within a year and a half of its founding, who hires a retired 70-year-old phone directory vice president (Robert De Niro) as an intern.


He said, "The movie was entertaining, but what caught my attention was the synergy between the young startup and the experienced senior," adding, "It well demonstrated how the wisdom of seniors can be added to the dynamism of startups."


Furthermore, he stressed, "We must not let verified talent be taken overseas. We need to match them with ventures and startups and help them even co-found companies," and emphasized, "For this, a government-level 'matching program' is necessary."



He concluded, "We must create a matching ecosystem where the wisdom and experience of senior technicians and entrepreneurs help the growth of our young companies rather than China," and said, "That is the true path to serving the nation through technology and business."


This content was produced with the assistance of AI translation services.

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