The Spirit of Local Entrepreneurship

Jeonju University Startup Support Group held a special lecture on the 24th at 7 p.m. in the Startup Lounge Kiwoom space, inviting Yang Kyungjun, CEO of Crypton Co., Ltd.

Jeonju University Startup Support Group held a special lecture on the 24th at 7 p.m. in the Startup Lounge Kiwoom space, inviting Yang Kyungjun, CEO of Krypton Co., Ltd. Photo by Jeonju University

Jeonju University Startup Support Group held a special lecture on the 24th at 7 p.m. in the Startup Lounge Kiwoom space, inviting Yang Kyungjun, CEO of Krypton Co., Ltd. Photo by Jeonju University

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According to Jeonju University on the 25th, this special lecture was organized for members of the university's local startup club under the theme "Local Entrepreneurship: Perspectives on Local and Regional Resources from a Business Standpoint."


Yang Kyungjun, as CEO of Crypton Co., Ltd., a leading accelerator company in Korea, has played a key role in fostering a local startup ecosystem through numerous investments and support for startups. In particular, he has focused on discovering startup models that utilize regional resources and content. Recently, he has also contributed to nurturing prospective local entrepreneurs by supporting the incubation of the local startup club and the resident team of "JB Local Startup Village" in collaboration with Jeonju University.


This special lecture gained further significance as it was held as part of the "Local Content-Focused University Project," led by the Ministry of SMEs and Startups and the Small Enterprise and Market Service, which aims to revitalize local entrepreneurship and address regional issues.


During the lecture, Yang Kyungjun discussed the spirit of local entrepreneurship, emphasizing that it goes beyond simply running a business in a region. He described it as a philosophy that creates new value based on unique local resources and culture, and expands this value into a sustainable business. He highlighted as core elements: the mindset of turning local problems into opportunities, and the utilization of local community networks and cooperative structures.


From a business perspective, he explained that local culture and spaces are not merely consumer goods but assets that can be branded, and that these differentiated resources can be competitive in the global market. He also presented reasons why local businesses are attractive from an investor's perspective, stressing that "locality and originality offer greater sustainability than metropolitan startup models."


Students from the university's local startup club who participated in the lecture said that it helped them further develop their perspectives on local entrepreneurship. They learned specific strategies on how to interpret and utilize regional resources, rather than simply focusing on item development.



Kim Sangjin, a professor in charge of Jeonju University's Local Content-Focused University Project, stated, "I believe that the special lecture by Yang Kyungjun, who has extensive experience in the growth of local startup companies, served as a great stimulus for the local startup club students. I hope this lecture will become a foundation for their growth as local entrepreneurs."


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

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