After 10 Years of Waiting, It Dominated KOSDAQ: Daedeok's Scary Strategy

Summary

In this interview, Jung Hee-kwon, Chairman of the R&D Special Zone Promotion Foundation, discusses the success of the Daedeok Research Complex in producing top KOSDAQ deep-tech companies. He outlines four key characteristics of successful deep-tech firms: high R&D personnel ratio, long technological lineage, global technology licensing, and separation of research and management. He also highlights specific companies like Rainbow Robotics as undervalued and explains the shift toward deep-tech dominance in Korea's stock market.

• Daedeok cluster accounts for 4 of the top 12 KOSDAQ companies.
• Deep-tech companies require long-term patient capital and have long gestation periods.
• Rainbow Robotics is identified as the most undervalued among global DARPA winners.
• Korea now ranks third globally in biotech drug candidates.
• Successful deep-tech firms typically have over 70% R&D staff.
• Global technology licensing is becoming a key revenue model for Korean deep-tech.
• The speaker advocates for longer-term funds and more tech-savvy venture capital.
• The interview underscores the transformation of KOSDAQ from traditional sectors to deep-tech.