Joosung Engineering Chairman Hwang Cheol-joo gave a presentation on entrepreneurship for Korea’s sustainable development at the 12 International Council of Small and Medium Business World Congress (ICSB World Congress) ‘K-Entrepreneurship Global Forum (ICSB Conference)’ held at the Kimdaejung Convention Center in Gwangju on the 2023th.
Chairman Hwang Cheol-ju said, “It was innovation in the past, it is innovation now, and growth is only possible through innovation in the future. “Entrepreneurship is a new growth engine, and we need to establish a new spirit that fits the times,” he said.
First, Chairman Hwang diagnosed the purpose of human life. Chairman Hwang said, “The purpose and reason for living are different depending on the era and environment, but the ultimate goal is the same.” He added, “The goal of all people around the world living in the era of the 4th Industrial Revolution is to live better and be happier.”
Chairman Hwang continued, “We are living in an era where innovation is the only blue ocean, and the only way for humanity to live better and be happier is through work. The current era is one in which it is impossible to buy a house through physical labor alone. “Nevertheless, we are told to work hard, which is bound to end up being hard work,” he said.
The secret to realizing innovation was also emphasized. Chairman Hwang said, “In the innovation economy, we must overcome risks because avoiding risks will not produce any results. “This is an era in which those who overcome risks succeed,” he said. “Korea grew not through education and leaders, but through the ‘hunger spirit’ of the hungry times.”
Chairman Hwang Cheol-ju said, “Value innovation can be created through desperation and entrepreneurship. “The thoughts of parents at home and the thoughts of leaders in society are the entrepreneurial spirit of this era,” he said.
Meanwhile, this forum is co-hosted by the Small and Medium Venture Business Research Institute and the Small and Medium Venture Business Policy Society and sponsored by the Ministry of SMEs and Startups. The conference was planned to provide the latest information and insights to businesspeople and citizens by introducing the meaning, future direction, and overseas cases of entrepreneurship.