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Why the Era of ESG Is Ending

Why the Era of ESG Is Ending How Excessive Reporting and Bureaucratic Overhead Undermined Its Core Purpose By Dr. Young D. Lee, February 2025Principal, NYET (New York Institute of Entrepreneurship and Technology) Executive Summary Over the past decade, ESG (Environmental, Social, and Governance) evolved into the predominant framework for corporate sustainability and responsible investment. Yet, […]

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Decline or Renaissance: Korea Inc. at a Crossroads

Decline or Renaissance: Korea Inc. at a Crossroads The trajectory of economic growth is commonly delineated into three progressive stages: factor-driven, efficiency-driven, and innovation-driven economies. South Korea now stands at a defining juncture, on the precipice of advancing to the final stage, with the potential to reshape its national trajectory through strategic foresight and decisive […]

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Indonesia and ASEAN: Why They Are the ‘Lands of Opportunity’

Indonesia and ASEAN: Why They Are the ‘Lands of Opportunity’ I recently returned from a week-long lecture series at a university in Jakarta. This experience gave me the opportunity to revisit the digital financial innovation ecosystems in major ASEAN countries, which I had thoroughly investigated before the COVID-19 pandemic. Comparing the developments over the past […]

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Global Leadership Diversity: A Strategic Imperative for Market Success

Global Leadership Diversity: A Strategic Imperative for Market Success By Dr. Young D. Lee, Principal, NYETMarch 6, 2024 The pace of change in global business has never been faster. Market shifts driven by technological disruption, geopolitical uncertainty, and evolving consumer expectations demand leaders who can navigate complexity with agility and insight. In this landscape, leadership […]

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Holistic Thinking and Excellence in Innovation: Differentiating Leaders from Followers

Holistic Thinking and Excellence in Innovation: Differentiating Leaders from Followers The synergy between holistic thinking and its corresponding holistic excellence is pivotal in distinguishing leaders from followers within the technological innovation landscape. This comparative analysis scrutinizes the strategies of Apple and Tesla, probing how their holistic methodologies have reinforced their status as pacesetters in innovation. […]

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America’s Innovation Ecosystem: What Sets it Apart?

Innovation and entrepreneurship are pivotal forces, driving regions and countries both economically and socially. But what is the true engine behind this transformative momentum? This exploration aims to unravel the roles local, regional, and national governments play. They catalyze innovators, entrepreneurs, and private companies—the vanguards of innovation—who serve as the bedrock of the innovation ecosystem. […]

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Redefining Corporate Success: The Rise and Influence of the Innovation Ecosystem

“Redefining Corporate Success: The Rise and Influence of the Innovation Ecosystem” Company value is more than just a financial metric. It speaks volumes about their foresight, resilience, and adaptability in a world that’s constantly evolving. Rewind to the early 21st century and General Electric (GE) reigned supreme in the global corporate landscape. Holding the coveted […]

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The First Corporate Summit of the K-Innovation Economy Forum

Joint Effort by the Korean Academic Society of Business Administration and the Federation of Korean Industries – Successful First Corporate Summit of the K-Innovation Economy Forum We are thrilled to announce the successful collaboration between the Korean Academic Society of Business Administration and the Federation of Korean Industries, resulting in the inaugural Corporate Summit of […]

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Foreign-born Inventors and Entrepreneurs: Making Significant Contributions to the Development of Their Second Home Country

Picture this: a young inventor from a small village in India has a breakthrough idea that could change the way we think about energy consumption. She packs her bags and moves to the United States to pursue her dream. There, she is welcomed by a community of like-minded individuals and institutions who support her vision […]

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Dedication to the National and Sub-National Government of the Republic of Korea

We are delighted to welcome back Dr. Young-Dall Lee, whose steadfast commitment over the past two years has greatly advanced the Republic of Korea’s innovation, entrepreneurship, and balanced regional development agendas — essential pillars for economic growth and job creation. As Chair of the SMEs and Venture Enterprise Special Committee for the 20th Presidential Campaign […]