Korea Evaluation Data Hosts Innovation Forum: "Supporting Productive Finance with Big Data"

KDI Recommends "Data-Driven Corporate Support Policies"
KODATA Emphasizes "Identifying High-Growth, Advanced, and Investment-Seeking Companies"

Korea Evaluation Data (KODATA) announced that it held the 3rd Innovation Forum under the theme "Big Data-Based Corporate Support Policies and Strategies for Revitalizing Regional Industries" at the Korea Economic Association Conference Center in Yeouido, Seoul, on December 3.

On the 3rd, participants including Hong Dooseon (fifth from the right) took a commemorative photo at the 'Korea Evaluation Data (KODATA) 3rd Innovation Forum' held at the Korea Economic Association Conference Center in Yeouido, Seoul. Korea Evaluation Data

Korea Evaluation Data explained that the forum was organized to explore response strategies in line with the government's recent initiative to promote productive finance.

The forum proceeded with an opening address by Hong Dooseon, CEO of Korea Evaluation Data, followed by a keynote presentation, a comprehensive discussion, and a Q&A session.

First, Kim Minho, Senior Research Fellow at the Korea Development Institute (KDI), delivered a keynote speech titled "Transition to Data-Based Corporate Support Policies: From Selection to Outcomes."

Kim stated, "To select companies that require support and have a significant ripple effect, it is essential to conduct a sophisticated selection process utilizing corporate data. Subsequently, administrative and private sector data should be linked to quantitatively measure the impact of support, and decisions on policy expansion should be based on the effectiveness of these policies."

Seo Yonghwan, Head of the Public Business Division at Korea Evaluation Data, gave a presentation on "Data-Based Decision Support Analysis for Revitalizing Regional Industries: Focusing on Corporate Relocation and Outflow."

Seo pointed out that the concentration of companies in the Seoul metropolitan area could, in the long term, exacerbate regional imbalances and increase the risk of local extinction, emphasizing the need for effective regional development measures.

Seo stated, "For regional policies, a data-driven approach is essential to accurately identify high-growth companies with strong growth potential, advanced industry firms, and companies seeking investment attraction."

Korea Evaluation Data possesses a variety of corporate data, including the Growth Potential Index, advanced industry classification data based on joint innovation growth standards, and corporate transaction information. The company has established a data system that enables local governments and public institutions to utilize this data for selecting policy targets and designing strategies.

A representative from Korea Evaluation Data said, "Through the forum, we were able to recognize the importance of data-driven corporate support policies and explore various alternatives. Korea Evaluation Data will continue to strive for the substantial growth of companies and the promotion of productive finance."

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