The Korea Venture Business Association set up a venue to explore response strategies for venture companies amid a rapidly changing business environment marked by geopolitical conflict and the spread of artificial intelligence (AI).
The Korea Venture Business Association said on the 2nd that it held the 41st Venture Insight Forum at Novotel Ambassador in Gangnam-gu, Seoul.
The Venture Insight Forum is the association's breakfast forum held to expand exchanges among venture companies and share management strategies and information to respond to industrial change. This forum was held under the theme "Where does money flow after war? Choices for ventures in a reshaped market." It focused on examining how global capital flows and changes in the industrial environment affect venture companies and on sharing response strategies.
In the first session, Kim Geonhyeong, vice president of Easepark, gave a presentation on "Management agendas for AX transformation for venture CEOs." Drawing on experience from digital transformation projects across industries, including manufacturing sites, he introduced cases of advancing artificial intelligence transformation (AX) at corporations and the key issues management must consider.
He also shared innovation cases at corporations to respond to the pace of technology diffusion, the restructuring of global supply chains, and expanding geopolitical risk, and explained ways to secure competitiveness.
Next, Park Jeong-ho, a professor at Myongji University, delivered a special lecture on "Where does money flow after war? Choices for ventures in a reshaped market." Park analyzed how geopolitical conflict, the U.S.-China competition for technological supremacy, and AI-centered changes in industrial structure affect global capital flows, and presented investment directions and growth strategies that venture companies should focus on.
He also introduced China's policies to foster future industries and its technology competition, changes in industrial and urban competitiveness driven by the spread of AI, and the outlook for the domestic capital market, explaining the response strategies that venture companies should prepare in a changing market environment.
An association official said, "This forum was a venue to think together about what opportunities venture companies should seek amid the massive currents of changes in the global economic order and the AI transition," and added, "We will continue to provide management insights and networking opportunities that can proactively respond to market changes."