{"id":4168,"date":"2021-07-30T09:59:48","date_gmt":"2021-07-30T00:59:48","guid":{"rendered":"https:\/\/bcgblog.kr\/?p=4168"},"modified":"2021-10-06T11:40:08","modified_gmt":"2021-10-06T02:40:08","slug":"overcoming-challenges-investing-in-digital-technology","status":"publish","type":"post","link":"https:\/\/bcgblog.kr\/overcoming-challenges-investing-in-digital-technology\/","title":{"rendered":"\ub525\ud14c\ud06c, \ud22c\uc790\ud558\uc9c0 \uc54a\ub294 \uac83\uc774 \ub354 \ud070 \ub9ac\uc2a4\ud06c"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><em>\ubcf8 \uc544\ud2f0\ud074\uc740 <strong>BCG<\/strong>\uc640 \uad6d\uc81c \ube44\uc601\ub9ac \uae30\uad6c <strong>\ud5ec\ub85c \ud22c\ubaa8\ub85c\uc6b0(Hello Tomorrow)<\/strong>\uac00 \ubc1c\uac04\ud558\ub294 <strong><a href=\"https:\/\/www.bcg.com\/ja-jp\/partnerships\/hello-tomorrow\/default\" target=\"_blank\" rel=\"noopener\">\u2018\ub525\ud14c\ud06c \ubd84\uc57c\uc758 \uae30\uc5c5, \uc815\ubd80 \ubc0f \uc0ac\ud68c\uc801 \uc7a0\uc7ac\ub825 \uc2dc\ub9ac\uc988\u2019<\/a><\/strong>\uc5d0 \ud3ec\ud568\ub429\ub2c8\ub2e4. \uc544\ud2f0\ud074 \ub0b4\uc6a9\uc740 <strong><a href=\"https:\/\/hello-tomorrow.org\/bcg-the-deep-tech-investment-paradox\/\" target=\"_blank\" rel=\"noopener\">\u2018\ub525\ud14c\ud06c \ud22c\uc790\uc758 \uc5ed\uc124(The Deep Tech Investment Paradox)\u2019<\/a> <\/strong>\ubcf4\uace0\uc11c\uc5d0 \uae30\ubc18\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4.<\/em><\/p>\n<p>&nbsp;<\/p>\n<p>2020\ub144 \uc804 \uc138\uacc4 \uc0dd\uba85\uacf5\ud559\uc790\ub4e4\uc774 \uac1c\ubc1c\ud55c \u2018\uc0c8\ub85c\uc6b4 mRNA \uae30\uc220\u2019\uc744 \ud1b5\ud574 \ucf54\ub85c\ub098\ubc14\uc774\ub7ec\uc2a4 \ubc31\uc2e0\uc774 \ube60\ub974\uac8c \ucd9c\uc2dc\ub418\uba74\uc11c, \uc6b0\ub9ac\ub294 \uc778\ub958\uac00 \ube60\ub978 \uc18d\ub3c4\ub85c \ud601\uc2e0\ud560 \uc218 \uc788\ub2e4\ub294 \uc0ac\uc2e4\uc744 \uc54c\uac8c \ub418\uc5c8\ub2e4. \uadf8\ub7ec\ub098 \uc6b0\ub9ac\ub294 \uc544\uc9c1 \uc7ac\ub8cc\uacfc\ud559, \uc591\uc790 \ucef4\ud4e8\ud305, \ud569\uc131\uc0dd\ubb3c\ud559, \ud0c4\uc18c \ud3ec\uc9d1, \uc6b0\uc8fc\uae30\uc220 \ub4f1 \ub2e4\uc591\ud55c \ubd84\uc57c\uc758 \ubc1c\uc804\uc744 \ud1b5\ud569\ud558\uc5ec \uc5bb\uc5b4\ub0b8 \uac70\ub300\ud55c \ud601\uc2e0\uc758 \ubb3c\uacb0\uc774 \ubcf4\uc5ec\uc8fc\ub294 \uc77c\ubd80\ub9cc\uc744 \ubaa9\uaca9\ud588\uc744 \ubfd0\uc774\ub2e4. \u2018\ub525\ud14c\ud06c\u2019\ub77c\uace0 \ubd88\ub9ac\ub294 \uc774 \ud601\uc2e0\uc758 \ubb3c\uacb0\uc740 \uc544\uc9c1\uc740 \ucd08\uae30 \ub2e8\uacc4\uc9c0\ub9cc, \uadf8 \ud30c\uae09\ub825\uc740 \uad49\uc7a5\ud560 \uac83\uc73c\ub85c \ubcf4\uc778\ub2e4.<\/p>\n<p>\ub525\ud14c\ud06c \ubca4\ucc98 \uc0ac\uc5c5\uc740 \ubbf8\ub798\ub97c \ub0b4\ub2e4\ubcf4\ub294 \ud1b5\ucc30\ub825, \uae30\ucd08\uc5f0\uad6c, \uc0c1\uc5c5\uc801 \uc2e4\uc6a9\uc8fc\uc758\uc758 \uacb0\ud569\uc73c\ub85c \uc815\uc758\ub41c\ub2e4. \uc774 \uc0ac\uc5c5\uc740 \ud604\uc2dc\ub300\uc758 \uac00\uc7a5 \uc2dc\uae09\ud55c \ubb38\uc81c\ub97c \ud574\uacb0\ud558\uace0 \uc7ac\ubb34\uc801\uc73c\ub85c \uc2e4\ud589 \uac00\ub2a5\ud55c \uacb0\uacfc\ub97c \uc81c\uacf5\ud55c\ub2e4. \uc774\ub97c\ud14c\uba74 \uae30\ud6c4 \ubcc0\ud654 \uc704\uae30\ub294 \uc18c\uaddc\ubaa8 \ud575\ubd84\uc5f4 \ubc0f \ud575\uc735\ud569, \ubc30\ud130\ub9ac \uc800\uc7a5 \uae30\uc220 \ud601\uc2e0(\uc7ac\uc0dd \uc5d0\ub108\uc9c0 \uc2e4\ud604 \uac00\ub2a5\uc131 \uc99d\ub300), \ud0c4\uc18c \uae30\ubc18 \uc18c\uc7ac(\uc81c\uc870 \uacf5\uc815\uc5d0\uc11c \ub300\uae30\uc758 CO2 \uc81c\uac70), \ubc30\uc591\uc721 \uc0dd\uc0b0\ubc95\uacfc \uac19\uc740 \uc0c8\ub85c\uc6b4 \uc2dc\ub3c4\uc5d0 \uc601\uac10\uc744 \uc8fc\uc5c8\uace0, \uc8fc\uac70\uc640 \uc18c\ub4dd\uc758 \ubd88\ud3c9\ub4f1\uc740 \ubaa8\ub4c8\uc2dd \uc8fc\ud0dd \ub514\uc790\uc778\uacfc \ud601\uc2e0\uc801\uc778 \uac74\ucd95 \uc790\uc7ac\uc5d0 \ub300\ud55c \uad00\uc2ec\uc744 \ubd88\ub7ec\uc77c\uc73c\ucf30\ub2e4. \ub610\ud55c \uc778\uad6c \uc99d\uac00\ub85c \uc778\ud55c \uc2dd\ub7c9 \ubb38\uc81c\uc640 \ub18d\uc57d\uc73c\ub85c \uc778\ud55c \uc624\uc5fc \ubb38\uc81c\ub294 \ud569\uc131\uc0dd\ubb3c\ud559\uc744 \ud65c\uc6a9\ud55c \uc0c8\ub85c\uc6b4 \ub18d\uc5c5 \ubd84\uc57c\ub97c \ucc3d\uc870\ud588\ub2e4. \ud658\uacbd\uc744 \uc704\ud611\ud558\ub294 \ud50c\ub77c\uc2a4\ud2f1\uc744 \ub300\uccb4\ud560 \uc2e0\uc18c\uc7ac\uc758 \ud544\uc694\uc131\uc740 \uc778\uacf5\ubbf8\uc0dd\ubb3c\uc774\ub77c\ub294 \uc0c8\ubc14\ub78c\uc73c\ub85c \uc774\uc5b4\uc838, \ubd84\uc790 \uc218\uc900\uc5d0\uc11c \ubb3c\uc9c8\uc758 \uc81c\uc5b4 \ubc0f \ubcc0\ud615\uc774 \uac00\ub2a5\ud558\uac8c \ub418\uc5c8\ub2e4. \uc774 \uc678\uc5d0\ub3c4 \uc6b4\uc1a1 \uae30\uc220, \uc6b0\uc8fc\uc5ec\ud589 \ubc0f \uc704\uc131, \uc815\ubc00 \ub18d\uc5c5 \ubd84\uc57c\uc5d0\uc11c\ub3c4 \uc720\uc0ac\ud55c \uc218\uc900\uc758 \ubc1c\uc804 \uac00\ub2a5\uc131\uc744 \uae30\ub300\ud560 \uc218 \uc788\ub2e4.<\/p>\n<blockquote><p><strong>\uc5b4\ub5a4 \ub525\ud14c\ud06c \ubca4\ucc98 \uc0ac\uc5c5\uc774 \uc131\uacf5\ud560 \uac00\ub2a5\uc131\uc774 \ub192\uc740\uc9c0, \uc5b4\ub5a4 \ud22c\uc790\uac00 \uac00\uc7a5 \ud070 \uc218\uc775\uc744 \ub0bc\uc9c0, \uc0ac\uc5c5\uc774 \uc2e4\ud604\ub418\uae30\uae4c\uc9c0 \uc5bc\ub9c8\ub098 \uc624\ub79c \uc2dc\uac04\uc774 \uac78\ub9b4\uc9c0\ub294 \uba85\ud655\ud558\uc9c0 \uc54a\ub2e4. \uadf8\ub7ec\ub098 \ub525\ud14c\ud06c\ub294 \uc774\ubbf8 \uc804\ubb38\uac00\ub4e4\uc758 \uc608\uc0c1\ubcf4\ub2e4 \ub354 \ube60\ub974\uac8c \ubc1c\uc804\ud558\uace0 \uc788\ub2e4.<\/strong><\/p><\/blockquote>\n<p>\uc5b4\ub5a4 \ub525\ud14c\ud06c \ubca4\ucc98 \uc0ac\uc5c5\uc774 \uc131\uacf5\ud560 \uac00\ub2a5\uc131\uc774 \ub192\uc740\uc9c0, \uc5b4\ub5a4 \ud22c\uc790\uac00 \uac00\uc7a5 \ud070 \uc218\uc775\uc744 \ub0bc\uc9c0, \uc0ac\uc5c5\uc774 \uc2e4\ud604\ub418\uae30\uae4c\uc9c0 \uc5bc\ub9c8\ub098 \uc624\ub79c \uc2dc\uac04\uc774 \uac78\ub9b4\uc9c0\ub294 \uba85\ud655\ud558\uc9c0 \uc54a\ub2e4. \uadf8\ub7ec\ub098 \ub525\ud14c\ud06c\ub294 \uc774\ubbf8 \uc804\ubb38\uac00\ub4e4\uc758 \uc608\uc0c1\ubcf4\ub2e4 \ub354 \ube60\ub974\uac8c \ubc1c\uc804\ud558\uace0 \uc788\uace0, \ucd08\uae30 \ud22c\uc790 \uc790\ubcf8\uc740 \uc0ac\ud68c \ubc0f \uc7ac\ubb34\uc801\uc73c\ub85c \ub180\ub77c\uc6b4 \uc131\uacfc\ub97c \ub0b4\uace0 \uc788\ub2e4. \ub525\ud14c\ud06c \uc720\ub2c8\ucf58 \uae30\uc5c5\uc774 \uc810\uc810 \uc99d\uac00\ud558\uace0 \uc788\uc73c\uba70, \uc218\ub144 \ub0b4 \ub354 \ub9ce\uc740 \ubca4\ucc98 \uae30\uc5c5\uc774 \uc131\uacf5\ud560 \uac83\uc774\ub2e4. \uc544\uc6b8\ub7ec \uacfc\uac70 \uc0b0\uc5c5 \ud601\uc2e0\uc758 \ub4a4\uc5d0\ub294 \uc804\ub825\uacfc \ub0b4\uc5f0 \uae30\uad00, \ubc18\ub3c4\uccb4 \ub4f1\uc774 \uc874\uc7ac\ud588\ub358 \uac83\ucc98\ub7fc, \ub525\ud14c\ud06c \ub610\ud55c \ud604\ub300\uc801\uc778 \ud22c\uc790 \ubaa8\ub378\uc758 \ubc1c\uc804\uc744 \uac00\uc18d\ud560 \uac83\uc774\ub2e4.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h3><strong>\ub525\ud14c\ud06c \ubca4\ucc98\uc758 \ucc28\uc774<\/strong><\/h3>\n<p>\ub525\ud14c\ud06c\ub294 \uc0dd\uc0b0, \ucd9c\uc2dc \ubc0f \uc0c1\uc6a9\ud654\uc5d0 \uc788\uc5b4 \uad6c\uccb4\uc801\uc778 \uc811\uadfc \ubc29\uc2dd\uc744 \ud2b9\uc9d5\uc73c\ub85c \uc9c0\ub2cc\ub2e4. \ub9ce\uc740 \uae30\uc5c5\uc774 \uc774\ub7ec\ud55c \ud504\ub85c\uc138\uc2a4\uc5d0 \uac01\uac01\uc758 \uba85\uce6d\uc744 \ubd99\uc774\uace0 \uc788\uc9c0\ub9cc, \uc131\uacf5\ud55c \ub525\ud14c\ud06c \ubca4\ucc98\ub294 \ub2e4\uc74c\uacfc \uac19\uc740 4\uac00\uc9c0 \uae30\ubcf8 \uc18d\uc131\uc744 \uacf5\ud1b5\uc73c\ub85c \uac00\uc9c4\ub2e4.<\/p>\n<ul>\n<li><strong>\ub525\ud14c\ud06c\ub294 \ubb38\uc81c\ub97c \uc6b0\uc120\uc73c\ub85c \uc0dd\uac01\ud55c\ub2e4.<\/strong> \ub525\ud14c\ud06c \ubca4\ucc98\ub294 \uc911\ub300\ud558\uace0 \uadfc\ubcf8\uc801\uc778 \uc0ac\ud68c \ubb38\uc81c\ub97c \ud574\uacb0\ud558\ub294 \uac83\uc744 \ubaa9\ud45c\ub85c \ud55c\ub2e4. BCG\uac00 \uc5f0\uad6c\ud55c \ub525\ud14c\ud06c \ubca4\ucc98 \uc0ac\uc5c5\uc758 97%\uac00 UN \uc9c0\uc18d\uac00\ub2a5\ubc1c\uc804\ubaa9\ud45c(UN SDGs) \uc911 \ud558\ub098 \uc774\uc0c1\uc744 \uc704\ud574 \uae30\uc5ec\ud558\uace0 \uc788\ub2e4.<\/li>\n<li><strong>\ub525\ud14c\ud06c\ub294 \ud604\uc874\ud558\ub294 \uac00\uc6b4\ub370 \uac00\uc7a5 \ub6f0\uc5b4\ub09c \uae30\uc220, \ub610\ub294 \uc0c8\ub86d\uac8c \ub5a0\uc624\ub974\ub294 \uae30\uc220\uc744 \ud1b5\ud574 \ubb38\uc81c\ub97c \ud574\uacb0\ud55c\ub2e4.<\/strong> \ub525\ud14c\ud06c \ubca4\ucc98\ub294 \ucca8\ub2e8\uc18c\uc7ac, \ud569\uc131\uc0dd\ubb3c\ud559, \uc778\uacf5\uc9c0\ub2a5(AI), \uc591\uc790\uae30\uc220 \ub4f1\uc744 \ud65c\uc6a9\ud558\uc5ec \ud574\uacb0\ucc45\uc744 \ucc3e\ub294\ub2e4. BCG\uc758 \uc5f0\uad6c \ub300\uc0c1\uc778 \ub525\ud14c\ud06c \ubca4\ucc98 \uc911 96%\ub294 \ucd5c\uc18c \ub450 \uac1c \uc774\uc0c1\uc758 \uae30\uc220\uc744 \uc0ac\uc6a9\ud558\uace0, 66%\ub294 \ud558\ub098 \uc774\uc0c1\uc758 \ucca8\ub2e8 \uae30\uc220\uc744 \uc0ac\uc6a9\ud558\uace0 \uc788\ub2e4. \uc774\ub97c \ud1b5\ud574 \uae30\uc5c5\uc740 \ucc28\ubcc4\ud654\ub41c \uc9c0\uc2dd\uc7ac\uc0b0\uc744 \ucc3d\ucd9c\ud560 \uc218 \uc788\ub2e4. \ud604\uc7ac \ub525\ud14c\ud06c \ubca4\ucc98\uc758 \uc57d 70%\uac00 \uc81c\ud488 \ub610\ub294 \uc11c\ube44\uc2a4 \uad00\ub828 \ud2b9\ud5c8\ub97c \uc18c\uc720\ud558\uace0 \uc788\ub2e4.<\/li>\n<li><strong>\ub525\ud14c\ud06c\ub294 \ube44\ud2b8(bit) \uae30\ubc18\uc758 \ub514\uc9c0\ud138 \ud601\uc2e0\uc5d0\uc11c \ube44\ud2b8\uc640 \uc6d0\uc790 \uae30\ubc18\uc758 \ubb3c\ub9ac\uc801 \ub514\uc9c0\ud138 \ud601\uc2e0\uc73c\ub85c \uc62e\uaca8\uac00\uace0 \uc788\ub2e4.<\/strong> \ub525\ud14c\ud06c \ubca4\ucc98\uc758 \uc57d 83%\uac00 \ubb3c\ub9ac\uc801 \uc81c\ud488\uc744 \uc124\uacc4 \ubc0f \uad6c\ud604\ud558\uace0 \uc788\ub2e4. \uc774\ub4e4\uc740 \uc778\uacf5\uc9c0\ub2a5, \uba38\uc2e0\ub7ec\ub2dd, \uace0\ub3c4\uc758 \uc5f0\uc0b0\uae30\uc220 \ub4f1\uc744 \uc0ac\uc6a9\ud558\uc5ec \ubb3c\ub9ac\ud559, \ud654\ud559 \ubc0f \uc0dd\ubb3c\ud559\uc758 \uacbd\uacc4\ub97c \ub118\ub098\ub4e0\ub2e4.<\/li>\n<li><strong>\ub525\ud14c\ud06c\ub294 \ud22c\uc790, \uc9c0\uc6d0, \uae30\ucd08\uc5f0\uad6c, \uc560\ud50c\ub9ac\ucf00\uc774\uc158 \uac1c\ubc1c\uc5d0 \uc788\uc5b4 \uc0c8\ub85c\uc6b4 \ud615\ud0dc\uc778 \u2018\uad50\ucc28 \uc870\uc9c1\uc801(cross-organizationl) \uc0dd\ud0dc\uacc4\u2019 \uad6c\ucd95\uc744 \ucd09\uc9c4\ud55c\ub2e4.<\/strong> \ud601\uc2e0\uc774 \uac00\uc9c0\ub294 \uac70\ub300\ud55c \uaddc\ubaa8\uc640 \ubcf5\uc7a1\uc131, \uc2e4\ud589\uc5d0 \ud544\uc694\ud55c \uc2ec\ub3c4 \uc788\ub294 \uacfc\ud559\uc801 \ubc30\uacbd\uc73c\ub85c \uc778\ud574 \ub525\ud14c\ud06c \ubca4\ucc98\ub294 \uc2dc\uc791 \ub2e8\uacc4\ubd80\ud130 \ub300\ud615 \uae30\uad00\uc758 \uc9c0\uc6d0 \ubc0f \uc790\uae08 \ud22c\uc790\uac00 \ud544\uc694\ud558\ub2e4. \ub525\ud14c\ud06c\uc5d0 \uc788\uc5b4\uc11c\ub294 \ubaa8 \uc720\uba85 \uae30\uc5c5\uc758 \uc77c\ud654\ucc98\ub7fc \ub300\ud559\uc744 \uc911\ud1f4\ud55c \ub450 \uba85\uc758 \uae30\uc5c5\uac00\uac00 \ucc28\uace0\uc5d0 \uc549\uc544\uc11c \uc758\ubbf8 \uc788\ub294 \uacb0\uacfc\ub97c \ub0b4\ub294 \uac83\uc774 \ubd88\uac00\ub2a5\ud558\ub2e4. \ud604\uc7ac \uc57d 1,500\uac1c \ub300\ud559 \ubc0f \uc5f0\uad6c\uc18c\uac00 \ub525\ud14c\ud06c \uae30\uc220 \uac1c\ubc1c\uc5d0 \uad00\uc5ec\ud558\uace0 \uc788\ub2e4. (\uc544\ub798 \u201c\ud22c\uc790\uae30\uad00\uc758 \uac01\uc131\uc774 \ud544\uc694\ud558\ub2e4\u201d \ucc38\uace0)<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h5><strong>\ud22c\uc790\uae30\uad00\uc758 \uac01\uc131\uc774 \ud544\uc694\ud558\ub2e4<\/strong><\/h5>\n<p>\ub2e4\uc591\ud55c \ud380\ub4dc \uc870\uc9c1 \ubc0f \ud22c\uc790\uc790\ub4e4\uc774 \ub525\ud14c\ud06c\uc758 \uac00\ub2a5\uc131\uc744 \uc778\uc9c0\ud558\uae30 \uc2dc\uc791\ud588\ub2e4. \ub525\ud14c\ud06c \ubd84\uc57c\uc5d0\uc11c \uc801\uadf9\uc801\uc778 \ud22c\uc790\ub97c \ud558\uace0\uc790 \ud55c\ub2e4\uba74 \ud22c\uc790\uc790\ub4e4\uc740 \uba3c\uc800 \uae30\uc874\uc758 \uad00\ud589 \ubc0f \ud22c\uc790 \ub3d9\ud5a5\uc774 \uc9c0\ub2cc \ubb38\uc81c\ub97c \ud574\uacb0\ud574\uc57c\ub9cc \ud55c\ub2e4.<\/p>\n<p><strong>\uc77c\ubc18 \ubca4\ucc98\uce90\ud53c\ud138(VC)<\/strong>\uc740 \uc9e7\uc740 \ud22c\uc790\uc8fc\uae30 \ub54c\ubb38\uc5d0 \ub525\ud14c\ud06c \ubd84\uc57c\uac00 \uac00\uc838\uc62c \uc218\uc775\uc744 \uc81c\ub300\ub85c \ubcf4\uc9c0 \ubabb\ud558\ub294 \uacbd\uc6b0\uac00 \uc788\ub2e4. \ub525\ud14c\ud06c \ubca4\ucc98\uac00 \uc544\uc9c1 \ubd80\uc0c1\ud558\uace0 \uc788\ub294 \ubd84\uc57c\uc778 \ud0d3\uc5d0 VC\ub294 \ub525\ud14c\ud06c \ubca4\ucc98 \uae30\uc220\uacfc \uadf8 \uc804\ub9dd\uc744 \uba85\ud655\ud558\uac8c \uc774\ud574\ud558\uc9c0 \ubabb\ud560 \uc218\ub3c4 \uc788\ub2e4. \ub530\ub77c\uc11c \uc77c\ubc18 VC\ub294 \ub525\ud14c\ud06c \ubd84\uc57c\uc5d0 \ub124\ud2b8\uc6cc\ud06c\ub97c \uad6c\ucd95\ud558\uac70\ub098 \uc790\uaca9\uc744 \uac16\ucd98 \uc804\ubb38\uac00\ub97c \uace0\uc6a9\ud574 \uc548\ubaa9\uc744 \ub113\ud788\ub294 \uac83\uc774 \uc911\uc694\ud558\ub2e4. BCG\uc640 \ud5ec\ub85c \ud22c\ubaa8\ub85c\uc6b0\uac00 \ucd5c\uadfc \uc2e4\uc2dc\ud55c \uc124\ubb38\uc870\uc0ac\uc5d0 \ub530\ub974\uba74, \ub525\ud14c\ud06c \uae30\uc5c5\uac00 \uc911 81%\uac00 &#8220;\ud3c9\uade0\uc801\uc73c\ub85c \ud22c\uc790\uc790\ub4e4\uc774 \ub525\ud14c\ud06c\uc758 \uc7a0\uc7ac\ub825\uc744 \ud3c9\uac00\ud560 \ub9cc\ud55c \uacfc\ud559\uc801, \uae30\uc220\uc801 \uc804\ubb38\uc9c0\uc2dd\uc774 \ubd80\uc871\ud558\ub2e4.&#8221;\ub77c\ub294 \uc758\uacac\uc5d0 \ub3d9\uc758\ud588\ub2e4. \ub610\ud55c VC\ub294 \ubd84\uc0b0\uc218\uc775\uc5d0\ub9cc \uc758\uc874\ud558\ub294 \uacbd\ud5a5\uc774 \uc788\ub2e4. \uc774\ub4e4\uc740 10\uac1c\uc758 \ubca4\ucc98 \uc911 \uc801\uc5b4\ub3c4 1\uac1c\uac00 \uc131\uacf5\ud558\uba74 \uadf8\uacf3\uc5d0\uc11c \uc5bb\uc740 \uc774\uc775\uc73c\ub85c \ub098\uba38\uc9c0 9\uac1c\uc758 \uc2e4\ud328\ud55c \ubca4\ucc98\ub97c \ubcf4\uc0c1\ud558\uae30\ub97c \ubc14\ub77c\uace0, \ub2e4\uc218\uc758 \uc720\ub9dd\ud55c \ud22c\uc790\ucc98\uc5d0 \ud22c\uc790\ud55c\ub2e4. \ud558\uc9c0\ub9cc \uc774\ub7ec\ud55c \uc811\uadfc \ubc29\uc2dd\uc740 \ucd08\uae30\uc5d0 \uc0c1\ub2f9\ud55c \uc591\uc758 \uc790\uae08\uc774 \ud544\uc694\ud55c \ub525\ud14c\ud06c \uae30\uc5c5\uc5d0\ub294 \ubd88\ub9ac\ud558\uac8c \uc791\uc6a9\ud55c\ub2e4.<\/p>\n<p><strong>\uc804\ubb38 \ub525\ud14c\ud06c VC<\/strong>\ub294 \uc810\uc810 \uadf8 \uc218\uac00 \ub298\uc5b4\ub098\uace0 \uc788\uc73c\uba70 \ub525\ud14c\ud06c \ud22c\uc790\uc5d0 \ub300\ud574 \uc81c\ub300\ub85c \uc774\ud574\ud558\uace0 \uc788\ub2e4. \ud558\uc9c0\ub9cc \uc774\ub4e4\uc740 \uaddc\ubaa8\ub294 \ud55c\uc815\uc801\uc774\ub2e4. \ub525\ud14c\ud06c \uc804\ubb38 VC \ud639\uc740 \uc131\uc7a5\ud615 \ud380\ub4dc\ub294 \ud3c9\uade0\uc801\uc73c\ub85c 1\uc5b5 5\ubc31\ub9cc \ub2ec\ub7ec\ub97c \uad00\ub9ac\ud55c\ub2e4. \ubc18\uba74 \uc77c\ubc18\uc801\uc778 VC\ub098 \uc131\uc7a5\ud615 \ud380\ub4dc\ub294 \ud3c9\uade0 \uc57d 1\uc5b5 4\ucc9c 8\ubc31\ub9cc \ub2ec\ub7ec\ub97c \uad00\ub9ac\ud55c\ub2e4. \uc774\ub85c \uc778\ud574 \ub525\ud14c\ud06c \ud380\ub4dc\ub294 \ud2b9\ud788 \uc2dc\ub4dc \ud22c\uc790 \uc774\ud6c4\uc5d0\ub294 \ud30c\ud2b8\ub108 \uc0dd\ud0dc\uacc4\ub97c \uad6c\ucd95\ud558\ub294 \uc5ed\ub7c9\uc774 \ubd80\uc871\ud560 \ubfd0 \uc544\ub2c8\ub77c \uaddc\ubaa8 \uba74\uc5d0\uc11c \ud22c\uc790\ud55c \ub525\ud14c\ud06c \ubca4\ucc98\ub97c \uc628\uc804\ud788 \uc9c0\uc6d0\ud558\uae30\uc5d0 \ubd80\uc871\ud558\ub2e4.<\/p>\n<p><strong>\uc0ac\ubaa8\ud380\ub4dc(PE)<\/strong>\ub294 \ub525\ud14c\ud06c \ud22c\uc790\ub97c \uc601\uc5ed \uc678 \ubd84\uc57c\ub85c \uc778\uc2dd\ud558\ub294 \uacbd\ud5a5\uc774 \uc788\ub2e4. \uadf8\ub7ec\ub098 \uc774\ub7ec\ud55c \uc778\uc2dd\uacfc \ub2ec\ub9ac \ub525\ud14c\ud06c \ud22c\uc790\ub294 \uc0ac\ubaa8\ud380\ub4dc\uc5d0 \uc801\ud569\ud55c \ud22c\uc790 \uae30\ud68c\uc77c \uc218 \uc788\uc73c\uba70, \uc774\ub4e4\uc774 \ub525\ud14c\ud06c \ubd84\uc57c\ub85c \uc601\uc5ed\uc744 \ud655\uc7a5\ud558\uc9c0 \ubabb\ud55c\ub2e4\uba74 \uc624\ud788\ub824 \ub9ac\uc2a4\ud06c\uac00 \ubc1c\uc0dd\ud560 \uc218\ub3c4 \uc788\ub2e4. \ub514\uc9c0\ud138 \ud601\uc2e0 \ucd08\ucc3d\uae30\uc5d0\ub3c4 \uc774\uc640 \ube44\uc2b7\ud55c \uc2e4\ud328 \uc0ac\ub840\uac00 \uc788\uc5c8\ub2e4. \ub2f9\uc2dc \ub9ce\uc740 \uc0ac\ubaa8\ud380\ub4dc\uac00 \uc790\uc0b0\uc774 \uc190\uc2e4\ub418\ub294 \uac83\uc744 \uc9c0\ucf1c\ubd10\uc57c\ub9cc \ud588\ub2e4. \ub525\ud14c\ud06c \ubca4\ucc98\ub294 \ub514\uc9c0\ud138 \ubca4\ucc98\ub9cc\ud07c\uc774\ub098 \uc5ed\uc0ac\ub97c \uc0c8\ub86d\uac8c \uc4f8 \uc7a0\uc7ac\ub825\uc744 \uac00\uc9c0\uace0 \uc788\uc9c0\ub9cc, \ud55c\ud3b8\uc73c\ub85c\ub294 \uc911\ub300\ud558\uace0 \uadfc\ubcf8\uc801\uc778 \uc0ac\ud68c \ubb38\uc81c\uc5d0 \ucd08\uc810\uc744 \ub9de\ucd94\uace0 \uc788\uae30 \ub54c\ubb38\uc5d0, \uc5ec\ub7ec \uc0b0\uc5c5\uc744 \ud63c\ub780\uc5d0 \ube60\ud2b8\ub9b4 \uc218 \uc788\ub2e4.<\/p>\n<p>\uc5ec\ub7ec <strong>\uad6d\ubd80\ud380\ub4dc(SWF)<\/strong>\ub098 <strong>\ud328\ubc00\ub9ac\uc624\ud53c\uc2a4(family office)<\/strong>\ub97c \ube44\ub86f\ud55c <strong>LP(limited partners)<\/strong>\ub294 \uae30\uc874\uc5d0 \uc788\ub358 \uc88b\uc740 \ud3c9\ud310\uc758 \ud380\ub4dc\uc5d0 \ud22c\uc790\ud558\ub824\ub294 \uacbd\ud5a5\uc774 \uc788\ub294\ub370, \uc774\ub294 \uc218\ub144\uc5d0 \uac78\uccd0 \uad6c\ucd95\ud55c \uad00\uacc4\ub97c \ubcf4\uc720\ud55c \uc548\uc815\uc801\uc778 \ud380\ub4dc \ub9e4\ub2c8\uc800 \ub124\ud2b8\uc6cc\ud06c\uac00 \ub0b4\ub9ac\ub294 \ubcf4\uc218\uc801\uc778 \uc120\ud0dd\uc774\ub2e4. 2015\ub144 \ud3c9\uade0 7\uc5b5 \ub2ec\ub7ec\uc600\ub358 <strong>\ubc14\uc774\uc544\uc6c3 \ud380\ub4dc(buyout fund)<\/strong> \uaddc\ubaa8\uac00 2019\ub144 16\uc5b5 \ub2ec\ub7ec\ub85c \uc810\ucc28 \uc131\uc7a5\ud558\uba70 \uc774\ub7ec\ud55c \uacbd\ud5a5\uc740 \ub354\uc6b1 \uac15\ud574\uc84c\ub2e4. \uc77c\ubd80 LP\ub294 \uc774\uc640 \uac19\uc740 \uad6c\uc870\uc801\uc778 \uc7a5\uc560\ubb3c\uc744 \ub118\uc5b4 \ub525\ud14c\ud06c \ubd80\ubb38\uc5d0 \ub9e4\ub825\uc744 \ub290\ub084 \uc218\ub3c4 \uc788\ub2e4. \uad6d\ubd80\ud380\ub4dc\ub294 \ud658\uacbd\uc801, \uc0ac\ud68c\uc801 \uacfc\uc81c \ub4f1\uc758 \uc804\ub7b5\uc801 \ubaa9\ud45c\ub97c \uc704\ud574 \uc790\uae08\uc744 \uc870\ub2ec\ud574\uc57c \ud558\ub294 \uacbd\uc6b0\ub3c4 \uc788\ub2e4. \ud328\ubc00\ub9ac\uc624\ud53c\uc2a4\ub294 \uc774\ubbf8 \uc7a5\uae30\uc790\ubcf8\uc758 \uace0\uc218\ub85c \uc815\ud3c9\uc774 \ub098 \uc788\uc73c\uba70, 10\ub144\uc5d0\uc11c 20\ub144\uc5d0 \uac78\uccd0 \ud22c\uc790\ud558\ub294 \uacbd\uc6b0\ub3c4 \uc788\ub2e4. \ub525\ud14c\ud06c\uc5d0\uc11c\ub3c4 \ucda9\ubd84\ud788 \uc131\uacf5\uc758 \uae30\ud68c\ub97c \ucc3e\uc744 \uc218 \uc788\uc744 \uac83\uc774\ub2e4.<\/p>\n<p><strong>\uae30\uc5c5<\/strong>\ub4e4\uc740 \uc9c0\ub09c 5\ub144 \ub3d9\uc548 \ud22c\uc790 \uc0dd\ud0dc\uacc4\uc5d0\uc11c \uc785\uc9c0\ub97c \ud0a4\uc6cc\uc654\uc73c\uba70, <strong>\ub525\ud14c\ud06c \uc778\ud050\ubca0\uc774\ud130<\/strong>\ub098 <strong>\uc778\uc218<\/strong> \ud6c4\ubcf4, <strong>\ud569\uc791 \ubc95\uc778(JV)<\/strong>\uc744 \ud0a4\uc6b8 \ub9cc\ud55c \uc801\uc808\ud55c \ud6c4\ubcf4\ucc98\ub7fc \ubcf4\uc77c \uc218\ub3c4 \uc788\ub2e4. \ud558\uc9c0\ub9cc \ud544\uc694\ud55c \ub0b4\ubd80 R&amp;D \uc5ed\ub7c9\uacfc \uc720\uc5f0\uc131\uc744 \ubcf4\uc720\ud55c \uae30\uc5c5 \ud22c\uc790\uc790\ub294 \uc0ac\uc2e4 \uac70\uc758 \uc5c6\ub2e4. BCG\uc758 \uc5f0\uad6c\ub97c \ud1b5\ud574\uc11c\ub3c4 \uc774\ub97c \ud655\uc778\ud560 \uc218 \uc788\ub294\ub370, \ub525\ud14c\ud06c \ubca4\ucc98\uc758 47%\uac00 \u201c\uae30\uc5c5\uc740 \ub525\ud14c\ud06c \ubca4\ucc98\uc640 \ud611\ub825\ud558\uae30\uc5d0 \ubbfc\ucca9\uc131(agility)\uc774 \ubd80\uc871\ud558\ub2e4\u201d\uace0 \ub2f5\ud55c \ubc14 \uc788\ub2e4. \ub354\uc6b1\uc774 \uae30\uc5c5\uc758 R&amp;D \ud65c\ub3d9\uc740 \ud30c\uad34\uc801 \ud601\uc2e0\ubcf4\ub2e4\ub294 \uc810\uc9c4\uc801 \ubc1c\uc804\uc5d0 \uc911\uc810\uc744 \ub450\ub294 \uacbd\uc6b0\ub3c4 \uc801\uc9c0 \uc54a\ub2e4. \ucd5c\ucd08\uc758 \ud601\uc2e0\uc774 \u201c\uc774\uacf3\uc5d0\uc11c \ubc1c\uc0dd\ud558\uc9c0 \uc54a\uc558\uc74c\u201d\uacfc \uac19\uc740 \ud0dc\ub3c4\ub97c \uc120\ud638\ud558\ub294 \ubb38\ud654\ub97c \uc5ec\ub7ec \uae30\uc5c5\uc5d0\uc11c \ucc3e\uc744 \uc218 \uc788\ub294\ub370, \uc774\ub4e4\uc740 \uc678\ubd80\uc758 \uc544\uc774\ub514\uc5b4\ub098 \ub3c4\uc6c0\uc744 \ubb34\uc2dc\ud558\ub294 \uacbd\ud5a5\uc744 \ubcf4\uc778\ub2e4. \uacb0\uacfc\uc801\uc73c\ub85c \uae30\uc5c5\uc740 \ubca4\ucc98 \uae30\uc5c5\uc758 \uc131\uacfc\uac00 \uc2dc\uc7a5\uc5d0\uc11c \uc99d\uba85\ub420 \ub54c\uae4c\uc9c0 \uae30\ub2e4\ub9ac\uace4 \ud55c\ub2e4. \uac00\uce58 \ud310\ub2e8\uc744 \uc704\ud574 \uc624\ub79c \uc2dc\uac04\uc5d0 \uac78\uccd0 \ube44\uc2fc \uc218\uc5c5\ub8cc\ub97c \uc9c0\ubd88\ud574\uc57c \ud558\ub294 \uc148\uc774\ub2e4.<\/p>\n<p><strong>\uc815\ubd80<\/strong>\uc640 <strong>\uc5f0\uad6c \uae30\uad00<\/strong>\uc758 \uc790\uae08\uc740 \uc9c0\uae08\uaecf \ub525\ud14c\ud06c \ud22c\uc790\uc758 \uc911\ucd94 \uc5ed\ud560\uc744 \ud574\uc654\ub2e4. \uc774\ub4e4\uc740 \uacfc\uac70 \ud601\uc2e0\uc758 \ubb3c\uacb0\uc774 \ucc3e\uc544\uc654\uc744 \ub54c\ub3c4 \uc911\uc694\ud55c \uc5ed\ud560\uc744 \ub9e1\uc558\ub2e4. \uacf5\uacf5\ubd80\ubb38 \uae30\uad00\uacfc \ub300\ud559, \ub300\uaddc\ubaa8 \ube44\uc601\ub9ac \ub2e8\uccb4\ub294 \ubc1c\uc804 \ucd08\uae30\uc5d0 \uc788\ub294 \ubca4\ucc98\uc5d0 \ubcf4\uc870\uae08\uc744 \uc9c0\uc6d0\ud588\uace0, \ubbfc\uac04\ubd80\ubb38 \uae30\uad00\ubcf4\ub2e4 \ub354 \ub192\uc740 \ub9ac\uc2a4\ud06c\ub97c \uac10\uc218\ud574\uc57c \ud558\ub294 \ub54c\ub3c4 \uc788\uc5c8\ub2e4. \uacf5\uacf5\uae30\uad00\uacfc \ub300\ud559 \uc870\uc9c1\uc740 \uc870\uae08 \ub2e4\ub978 \ubc29\uc2dd\uc73c\ub85c \ub525\ud14c\ud06c\uc5d0 \ud638\uc758\uc801\uc778 \uc2dc\uc7a5 \ud658\uacbd\uc774 \ud615\uc131\ub418\ub3c4\ub85d \ub3d5\ub294\ub2e4. \uc774\ub4e4\uc740 \ucd08\uae30 \uc0c1\ud488\uc744 \uad6c\ub9e4\ud558\uac70\ub098 \ubcf4\uc870\uae08\uc744 \uc9c0\uc6d0\ud558\uc5ec \uac00\uaca9\uacfc \ube44\uc6a9\uc744 \ub0ae\ucd94\uba70, \uc5f0\uad6c\uc2e4\uc774\ub098 \uae30\ud0c0 \uc790\uc0b0\uc744 \uc81c\uacf5\ud558\uc5ec \uc5f0\uad6c\uc790\ub97c \uc9c0\uc6d0\ud55c\ub2e4. \uc778\ud504\ub77c\uc640 \ud504\ub85c\uc81d\ud2b8 \ud30c\uc774\ub0b8\uc2f1\uc5d0 \ub300\ud55c \uaddc\uc81c\uae30\uad00, \uc815\uacc4 \uc870\ub825\uc790 \uc5ed\ud560\uc744 \ubaa8\ub450 \ub9e1\uc544 \uc740\ud589\uacfc \uae30\uc5c5, \uc9c0\uc790\uccb4, \ud611\ud68c, \uac1c\uc778 \ud22c\uc790\uc790 \ub4f1 \uc774\ud574\uad00\uacc4\uc790\ub97c \ud55c\ub370 \ubaa8\uc740\ub2e4. \ub2e8\uc21c\ud788 \uc7ac\uc815\uc744 \uc9c0\uc6d0\ud558\ub294 \uc5ed\ud560\uc5d0\uc11c \ubc97\uc5b4\ub098, \uc5f0\uad6c\uacc4\uc640 \ub124\ud2b8\uc6cc\ud06c\ub97c \ud615\uc131\ud558\uace0 \ubca4\ucc98 \ud22c\uc790\uac00\uc640 \uac19\uc740 \uc0c1\uc5c5\uc801 \uad00\uacc4\uc790\uc640 \uad50\ub958\ud55c\ub2e4\uba74 \uc774\ub4e4\uc740 \ub354 \ud6a8\uacfc\uc801\uc778 \uc5ed\ud560\uc744 \ud560 \uc218 \uc788\ub2e4. \ub9e4\uc0ac\ucd94\uc138\uce20\uacf5\uacfc\ub300\ud559\uad50(MIT)\uac00 \uc870\uc131\ud55c \ubca4\ucc98 \ud380\ub4dc, \ub354 \uc5d4\uc9c4(The Engine)\uc5d0 \ub530\ub974\uba74 \ubbf8\uad6d \ub0b4 \ubcf4\uc870\uae08 \uc9c0\uc6d0 \uacc4\ud68d \ub300\ubd80\ubd84\uc774 \uc2e4\ud328\ud558\ub294 \uc774\uc720\ub294 \uc815\ubd80\uac00 VC\ucc98\ub7fc \uae30\uc5c5\uac00\uc5d0 \uc811\uadfc\ud560 \uc218 \uc5c6\uc744\ubfd0\ub354\ub7ec \uc774\ub4e4\uc5d0\uac8c \uc601\ub9ac\uc801 \uae30\ud68c\ub97c \uc81c\uacf5\ud558\uc9c0 \ubabb\ud558\uae30 \ub54c\ubb38\uc774\ub2e4.<\/p>\n<p>\ub9ce\uc9c0\ub294 \uc54a\uc9c0\ub9cc, \uc77c\ubd80 \uc8fc\uc694 \ud22c\uc790\uc790\ub4e4\uc740 \uc774\ubbf8 \ub525\ud14c\ud06c\ub97c \ud1b5\ud574 \uc218\uc775\uc744 \ub0b4\uace0 \uc788\uc73c\uba70, \ub2e4\ub978 \ud22c\uc790\uc790\ub4e4\ub3c4 \ud070 \uad00\uc2ec\uc744 \ubcf4\uc778\ub2e4. \ub525\ud14c\ud06c\uc5d0 \ud22c\uc785\ub41c \uc790\ubcf8\uc758 \uaddc\ubaa8\ub294 2016\ub144 150\uc5b5 \ub2ec\ub7ec\uc5d0\uc11c 2020\ub144 600\uc5b5 \ub2ec\ub7ec \uc774\uc0c1\uc73c\ub85c 4\ubc30\uac00\ub7c9 \uc99d\uac00\ud588\ub2e4. \ubc18\uba74, \uae00\ub85c\ubc8c \ud22c\uc790 \ucee4\ubba4\ub2c8\ud2f0\ub294 \uc544\uc9c1 \uc774 \uae30\ud68c\ub97c \uc7a1\uc9c0 \ubabb\ud558\uace0 \uc788\ub2e4. \ub525\ud14c\ud06c \ud22c\uc790\ub294 \uc5ec\uc804\ud788 \ud2c8\uc0c8 \ud22c\uc790\ub85c \uac04\uc8fc\ud558\uba70, \uc9c0\uae08\uaecf \uafb8\uc900\ud55c \uc591\uc0c1\uc73c\ub85c \ubc1c\uc804\ud558\uc9c0\ub294 \ubabb\ud588\ub2e4. \uadf8\ub7ec\ub098 \uc5ed\uc124\uc801\uc774\uac8c\ub3c4 \ud604\uc7ac \ub525\ud14c\ud06c \ud22c\uc790\uc758 \u2018\ub4dc\ub77c\uc774 \ud30c\uc6b0\ub354(dry powder, \ud22c\uc790 \ub300\uae30\uc790\uae08)\u2019\ub294 \uc720\ub840\uc5c6\ub294 \ucd5c\uace0\uce58\ub97c \uacbd\uc2e0\ud558\uace0 \uc788\ub2e4. \uc774\ub294 \ucd94\uc815\uce58\ub9cc \uc57d 1.9\uc870 \ub2ec\ub7ec\uc5d0 \uc774\ub974\ub294 \uc0ac\ubaa8\ud380\ub4dc\uc640 VC, \uc131\uc7a5\uc790\ubcf8(growth capital)\uc774 \uc81c\ub85c\uae08\ub9ac\ub098 \ub2e4\ub984\uc5c6\ub294 \ucc44\uad8c\uc744 \ub118\uc5b4 \ub354 \ub192\uc740 \uc790\ubcf8 \uc218\uc775\ub960\uc744 \ucd94\uad6c\ud558\uace0 \uc788\ub2e4\ub294 \uc758\ubbf8\uc774\uae30\ub3c4 \ud558\ub2e4.<\/p>\n<p>\ud604\uc7a5\uc5d0\uc11c\ub3c4 \ub9ce\uc740 \uae30\ud68c\uac00 \uac04\uacfc\ub418\uace0 \uc788\ub2e4. \uc9c0\ub09c \ud55c \ud574 \ub525\ud14c\ud06c \ud22c\uc790\uc561\uc758 2\/3\ub294 \uc778\uacf5\uc9c0\ub2a5 \ubc0f \ud569\uc131\uc0dd\ubb3c\ud559 \ubd84\uc57c\ub85c \ud5a5\ud588\uace0, \ub098\uba38\uc9c0 1\/3\ub9cc\uc774 \uadf8 \uc678 \ubd84\uc57c\uc5d0 \ud22c\uc790\ub418\uc5c8\ub2e4. (\ubcf4\uae30 1 \ucc38\uc870) \uc9c0\ub9ac\uc801\uc73c\ub85c\ub3c4 \uc0c1\ub2f9\ud788 \uce58\uc6b0\uccd0 \uc788\ub294\ub370, \ud22c\uc790\uc561\uc758 75%\uac00\ub7c9\uc774 \ubbf8\uad6d\uc5d0 \uc9d1\uc911\ub418\uc5b4 \uc788\ub2e4. \uc720\ub7fd, \uc911\uad6d \ubc0f \uae30\ud0c0 \uad6d\uac00\uc5d0\uc11c\uc758 \ubca4\ucc98 \ud22c\uc790\uc790\uae08\uc740 \uc0c1\ub2f9\ud788 \ubd80\uc871\ud55c \uc0c1\ud669\uc774\ub2e4.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-4169\" src=\"https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-1-KR-2.png\" alt=\"\ubcf4\uae30 1 | \ub525\ud14c\ud06c \ud22c\uc790\uc561\uc740 3\uac1c \uae30\uc220 \ubd84\uc57c\uc5d0 \ud3b8\uc911\ub418\uc5b4 \uc788\ub2e4\" width=\"1280\" height=\"720\" title=\"\" srcset=\"https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-1-KR-2.png 1280w, https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-1-KR-2-300x169.png 300w, https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-1-KR-2-1024x576.png 1024w, https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-1-KR-2-768x432.png 768w, https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-1-KR-2-696x392.png 696w, https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-1-KR-2-1068x601.png 1068w, https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-1-KR-2-747x420.png 747w\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\" \/><\/p>\n<p>\uadf8 \uacb0\uacfc \ud22c\uc790\uc790\ub4e4\uc740 \uc0c8\ub85c\uc6b4 \ud601\uc2e0\uc758 \ubb3c\uacb0\uc5d0 \uc62c\ub77c\ud0c8 \uae30\ud68c\ub97c \ub193\uce60\ubfd0\ub354\ub7ec \uc601\ub9ac\ud558\uac8c \uc6c0\uc9c1\uc774\ub294 \uacbd\uc7c1 \ud22c\uc790\uc790\uc5d0\uac8c\ub3c4 \ub4a4\ucc98\uc9c4\ub2e4. \ud55c\ud3b8 \ub525\ud14c\ud06c \ubca4\ucc98\ub4e4\uc740 \ud22c\uc790\uc790\uae08\uc744 \uc720\uce58\ud558\ub294 \ub370 \ub354 \ud070 \uc5b4\ub824\uc6c0\uc744 \uacaa\uac8c \ub41c\ub2e4. \uc77c\ubc18 \ub300\uc911 \uc5ed\uc2dc \ub525\ud14c\ud06c \ud601\uc2e0\uc774 \uac00\ub2a5\ud558\uac8c \ud560 \uae30\ud6c4 \ubb38\uc81c \ud574\uacb0 \ub4f1\uc758 \uc774\uc810\uc744 \ub204\ub9b4 \uc218 \uc5c6\ub2e4. \uadf8\ub807\ub2e4\uba74 \ub525\ud14c\ud06c \ubca4\ucc98\uc640 \ud22c\uc790\uc790\ubcf8\uc774 \uc785\uc7a5 \ucc28\uc774\ub97c \ud574\uacb0\ud558\uace0 \ud798\uc744 \ubaa8\uc73c\uae30 \uc704\ud574\uc11c\ub294 \uc5b4\ub5bb\uac8c \ud574\uc57c \ud560\uae4c?<\/p>\n<p>\uadf8 \ud574\ub2f5\uc740 \ub2e4\uc74c 4\uac00\uc9c0 \uc5ed\uc124\uc744 \ud574\uacb0\ud568\uc5d0 \ub530\ub77c \ucc3e\uc744 \uc218 \uc788\ub2e4. (\ubcf4\uae30 2 \ucc38\uc870) \uccab\uc9f8, VC\uc758 \ud22c\uc790 \uc804\ub825\uacfc \uc5b4\ub290 \uc815\ub3c4 \uc0c1\ubc18\ub418\uc9c0\ub9cc \uc0ac\uc2e4 \ud22c\uc790\uc790\uc758 \uc0ac\uace0\ub294 \ucca8\ub2e8\uacfc\ud559\uc774\ub098 \ud68d\uae30\uc801\uc778 \uae30\uc220\uc5d0 \uc0dd\uac01\ubcf4\ub2e4 \uc775\uc219\ud558\uc9c0 \uc54a\ub2e4. \ub458\uc9f8, \ub9ac\uc2a4\ud06c\uc640 \uae30\ud68c\uc758 \ubb38\uc81c\uac00 \uc788\ub2e4. \ub525\ud14c\ud06c \ud22c\uc790\ub294 \ub9ac\uc2a4\ud06c\uac00 \ud070 \ud22c\uc790\ub85c \uc5ec\uaca8\uc9c0\uc9c0\ub9cc, \uc0ac\uc2e4\uc0c1 \uc774 \uc810\uc744 \uc774\uc720\ub85c \ud22c\uc790\ud558\uc9c0 \uc54a\ub294 \ud604\uc2e4\uc774 \uac00\uc7a5 \ud070 \ub9ac\uc2a4\ud06c\uac00 \ub41c\ub2e4. \uc14b\uc9f8, \ub525\ud14c\ud06c \ud22c\uc790\uc5d0\ub294 \uc790\uae08 \uc870\ub2ec \uc7a5\ubcbd\uc740 \uac08\uc218\ub85d \ub192\uc544\uc9c0\ub294 \ubc18\uba74 \ud601\uc2e0\uc73c\ub85c \uac00\ub294 \uae38\uc758 \uc7a5\ubcbd\uc740 \ube60\ub974\uac8c \ub0ae\uc544\uc9c0\uace0 \uc788\ub2e4\ub294 \ubaa8\uc21c\ub418\ub294 \ud604\uc0c1\uc774 \uc788\ub2e4. \ub137\uc9f8, \ub525\ud14c\ud06c \ud22c\uc790\uc758 \ub300\uae30\uc790\uae08 \uaddc\ubaa8\ub294 \uc804\ub840 \uc5c6\ub294 \uc218\uc900\uc73c\ub85c \ub9c9\ub300\ud558\uc9c0\ub9cc \uc815\uc791 \ud22c\uc785\ub420 \uc801\uc808\ud55c \ubd84\uc57c\ub97c \ucc3e\uc9c0 \ubabb\ud558\uace0 \uc788\ub2e4.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-4170\" src=\"https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-2-KR.png\" alt=\"\ubcf4\uae30 2 | \ub525\ud14c\ud06c \ud22c\uc790\uc758 4\uac00\uc9c0 \uc5ed\uc124\uacfc \uc774\ub97c \ud574\uacb0\ud558\uae30 \uc704\ud55c \uc0c8\ub85c\uc6b4 \ud22c\uc790 \ubaa8\ub378\" width=\"1280\" height=\"720\" title=\"\" srcset=\"https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-2-KR.png 1280w, https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-2-KR-300x169.png 300w, https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-2-KR-1024x576.png 1024w, https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-2-KR-768x432.png 768w, https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-2-KR-696x392.png 696w, https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-2-KR-1068x601.png 1068w, https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-2-KR-747x420.png 747w\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\" \/><\/p>\n<p>\uc774\ub7ec\ud55c \uc5ed\uc124\uc744 \ud574\uacb0\ud558\ub824\uba74 \ud22c\uc790\uc790\ub294 \ub525\ud14c\ud06c\uc5d0 \uad00\ud55c \uc0dd\uac01\uc744 \uc804\ud658\ud574\uc57c \ud55c\ub2e4. \ubca4\ucc98 \uae30\uc5c5 \ub9ac\ub354\ub4e4\uc774 \uc9c1\uba74\ud55c \uc5b4\ub824\uc6c0\ub3c4 \ubd84\uba85\ud788 \uc874\uc7ac\ud55c\ub2e4. \uc774\ub4e4\uc740 \ub300\ud559\uc774\ub098 \uc815\ubd80 \uc678\uc5d0 \uac00\ub2a5\ud55c \ud22c\uc790\uc790\ubcf8\uc744 \ucc3e\uc544\uc11c, \ube44\uc601\ub9ac\ub2e8\uccb4, VC \ubc0f \uac1c\uc778 \ud22c\uc790\uc790\ub4e4\uacfc \uc9c4\uc815\ud55c \uc0dd\ud0dc\uacc4\ub97c \ud615\uc131\ud574\uc57c\ub9cc \ud55c\ub2e4. mRNA \ubc31\uc2e0\ucc98\ub7fc \uc774\ub4e4\uc5d0\uac8c\ub3c4 \uc0ac\ud68c \ubb38\uc81c\ub97c \ud574\uacb0\ud558\uace0 \ubbf8\ub798 \ubb38\uba85\uc744 \ud615\uc131\ud560 \uae30\ud68c\uac00 \uc788\uae30 \ub54c\ubb38\uc774\ub2e4.<\/p>\n<p>&nbsp;<\/p>\n<h5><strong>\uc5ed\uc124 1. \ubbf8\ub798\ub97c \uc704\ud574\uc11c\ub294 \uacfc\uac70\uc758 \ud22c\uc790 \ub9c8\uc778\ub4dc\uac00 \ub354 \ub0ab\ub2e4<\/strong><\/h5>\n<p><strong>\u300a\ud601\uc2e0 \uacbd\uc81c \uc548\uc5d0\uc11c \uc790\ubcf8\uc8fc\uc758\uc758 \ud589\ubcf4(Doing Capitalism in the Innovation Economy)\u300b<\/strong>\uc758 \uc800\uc790\uc774\uc790 \ubca4\ucc98 \ud22c\uc790\uac00 \uacb8 \uacbd\uc81c\ud559\uc790\uc778 <strong>\uc70c\ub9ac\uc5c4 \uc81c\uc778\uc6e8\uc774(William Janeway)<\/strong>\ub294 \ud601\uc2e0 \ud22c\uc790\uc758 \uc77c\uc120\uc5d0\ub294 \uac00\uc7a5 \uc774\uc0c1\uc801\uc73c\ub85c \u2018\uc5ed\ubc1c\uc0c1 \ud22c\uc790(\ud604\uc7ac \uc2dc\uc7a5 \ubd84\uc704\uae30\uc5d0 \ubc18\ub300\ub418\ub294 \ud22c\uc790)\u2019\uac00 \uc788\uc5b4\uc57c \ud55c\ub2e4\uace0 \ub9d0\ud55c\ub2e4. \uc989, \ubbf8\ub798\ub97c \ubcf4\uace0 \ub525\ud14c\ud06c\uc5d0 \ud22c\uc790\ud558\ub824\uba74 \uacfc\uac70\uc758 \ud22c\uc790 \ub9c8\uc778\ub4dc\ub97c \uc801\uc6a9\ud574\uc57c \ud55c\ub2e4.<\/p>\n<p>1960~70\ub144\ub300 \uc9c0\uae08\uc758 \ub514\uc9c0\ud138 \uae30\uc220\uc774 \ucc98\uc74c \ub4f1\uc7a5\ud558\uba74\uc11c, \uc5d4\uc824\ud22c\uc790\uc790\ub4e4\uacfc VC\ub294 \uc7a5\uae30\uc801\uc778 \ud22c\uc790 \uc804\ub7b5\uc744 \ucde8\ud588\ub2e4. \uc774\ub294 \ubc18\ub3c4\uccb4, \uac1c\uc778\uc6a9 \ucef4\ud4e8\ud130, \ud1b5\uc2e0 \uc7a5\uce58, \uc18c\ud504\ud2b8\uc6e8\uc5b4\uc640 \uac19\uc740 \ud68d\uae30\uc801\uc778 \uae30\uc220 \uac1c\ubc1c\uc758 \uc131\uc219\ub3c4\ub97c \ub192\uc774\uae30 \uc704\ud574 \ud544\uc218\uc801\uc774\uc5c8\ub2e4. \uc774\uc640 \uac19\uc740 \uc804\ub7b5\uc73c\ub85c \ub9ce\uc740 VC\uac00 \ub098\ub0a0\uc774 \ucee4\uc9c0\ub294 \ub514\uc9c0\ud138 \ubd84\uc57c\ub97c \uc120\ub3c4\ud558\ub294 \ud22c\uc790\uc790\ub85c \uba85\uc131\uc744 \ub192\uc77c \uc218 \uc788\uc5c8\ub2e4.<\/p>\n<p>\uadf8\ub7ec\ub098 \uadf8 \uc774\ud6c4, \ub9ce\uc740 \ud22c\uc790 \uae30\uc5c5\uc758 \uae30\ubcf8\uc801\uc778 \ub9c8\uc778\ub4dc\uac00 \ubcc0\ud654\ud588\ub2e4. \uc624\ub298\ub0a0\uc758 \ud22c\uc790 \uae30\uc5c5\ub4e4\uc740 \ubd84\uc0b0\uc218\uc775\uc5d0 \uc758\uc874\ud558\ub294 \uacbd\ud5a5\uc774 \uc788\ub2e4. \uc774\ub4e4\uc740 \uc808\ub300 \ucd08\uae30\uc5d0 \ub2e8\uc77c \ud22c\uc790\ub85c \ud070 \uc704\ud5d8\uc744 \uac10\uc218\ud558\ub824 \ud558\uc9c0 \uc54a\uc73c\uba70, \uc5ec\ub7ec \ubca4\ucc98\uc5d0 \ubd84\uc0b0\ud22c\uc790\ud55c \ub2e4\uc74c \uc218\uc775\ub960\uc744 \ubcf4\uc774\ub294 \uae30\uc5c5 \uc704\uc8fc\ub85c \ud22c\uc790\uc790\uae08\uc744 \uc99d\uc561\ud558\ub294 \uc804\ub7b5\uc744 \ucde8\ud55c\ub2e4. \uc774\ub294 \uacb0\uad6d \uc0c1\ub300\uc801\uc73c\ub85c \uc548\uc804\ud55c \uae38\uc744 \uac77\ub294 \uc810\uc9c4\uc801\uc778 \ud22c\uc790\uac00 \ub418\uc5b4\ubc84\ub9b0\ub2e4.<\/p>\n<p>\uc774\ub7ec\ud55c \uc811\uadfc \ubc29\uc2dd\uc740 \ucd08\uae30\uc5d0 \uc0c1\ub2f9\ud55c \uc790\uae08\uc774 \ud544\uc694\ud55c \ub525\ud14c\ud06c \uae30\uc5c5\uc5d0\ub294 \ubd88\ub9ac\ud558\uac8c \uc791\uc6a9\ud55c\ub2e4. \ub9ce\uc740 \ud22c\uc790\uc790\uac00 \ud601\uc2e0\uc5d0 \uc5f4\ub824 \uc788\ub294 \uac83\ucc98\ub7fc \uc5b8\ub73b \ubcf4\uc774\uc9c0\ub9cc, \uc2e4\uc81c\ub85c\ub294 \ubbf8\ub798\uc5d0 \ud070 \ubcc0\ud654\ub97c \uac00\uc838\uc62c \ud68d\uae30\uc801\uc778 \ubca4\ucc98 \uc0ac\uc5c5\uc77c\uc9c0\ub77c\ub3c4 \uc9d1\uc911\uc801\uc73c\ub85c \ud22c\uc790\ud558\ub294 \uac83\uc744 \uaebc\ub9b0\ub2e4.<\/p>\n<p>\ubb3c\ub860 \ub525\ud14c\ud06c \ubca4\ucc98\uac00 \ub0af\uc124\uac8c \ub290\uaef4\uc9c8 \uc218\ub294 \uc788\ub2e4. \ub525\ud14c\ud06c \ubca4\ucc98\ub294 \uc77c\ubc18\uc801\uc778 \ub514\uc9c0\ud138 \uc2a4\ud0c0\ud2b8\uc5c5 \uc5c5\uacc4 \uc778\ub9e5\uc774\ub098 \ub124\ud2b8\uc6cc\ud06c \uc5c6\uc774, \ub300\uc911\ud22c\uc790\ub098 \ud559\uc220 \ubc0f \uc5f0\uad6c \uc2dc\uc124\uc5d0\uc11c \uc9c0\uc6d0\ud558\ub294 \ubcf4\uc870\uae08\uc73c\ub85c\ub3c4 \uc790\uae08 \uc870\ub2ec\uc774 \uac00\ub2a5\ud558\ub2e4. \ub610\ud55c \ub2e4\ub978 \ubd84\uc57c\ucc98\ub7fc \ub300\ud559 \ub3d9\ubb38 \uae30\uc5c5\uac00\ub4e4\uc774 \uc774\ub044\ub294 \uc0ac\uc5c5\uc774 \uc544\ub2cc, \ubc15\uc0ac\ud6c4\uc5f0\uad6c\uc6d0\uc774\ub098 \uadf8\ub4e4\uc758 \uc804 \uc138\uacc4 \ub3d9\ub8cc\ub4e4\uc774 \ub3d9\ucc38\ud558\uc5ec \uc8fc\ub3c4\ud558\ub294 \uacbd\uc6b0\uac00 \ub9ce\ub2e4.<\/p>\n<blockquote><p><strong>\ud22c\uc790\uc790\ub4e4\uc774 \uc774\uc804\uc758 \ud22c\uc790 \uc774\ub825\uc744 \ub5a0\uc62c\ub9ac\uba70 \ub354\uc6b1 \uc9d1\uc911\uc801\uc778 \ud22c\uc790\ub97c \uac10\ud589\ud558\uace0, \uc778\ub958\uac00 \ud574\uacb0\ud574\uc57c \ud558\ub294 \ubb38\uc81c\uc5d0 \uc911\uc810\uc744 \uc720\uc9c0\ud55c\ub2e4\uba74 \ub525\ud14c\ud06c \ud22c\uc790\uc5d0\uc11c\ub3c4 \uc131\uacf5\uc744 \uac70\ub458 \uc218 \uc788\ub2e4.<\/strong><\/p><\/blockquote>\n<p>\ud22c\uc790\uc790\ub4e4\uc774 \uc774\uc804\uc758 \ud22c\uc790 \uc774\ub825\uc744 \ub5a0\uc62c\ub9ac\uba70 \ub354\uc6b1 \uc9d1\uc911\uc801\uc778 \ud22c\uc790\ub97c \uac10\ud589\ud558\uace0, \uc778\ub958\uac00 \ud574\uacb0\ud574\uc57c \ud558\ub294 \ubb38\uc81c\uc5d0 \uc911\uc810\uc744 \ub454\ub2e4\uba74 \ub525\ud14c\ud06c \ud22c\uc790\uc5d0\uc11c\ub3c4 \uc131\uacf5\uc744 \uac70\ub458 \uc218 \uc788\ub2e4. \ubb38\uc81c\uac00 \ubc1c\uc0dd\ud55c \uacbd\uc6b0\uc5d0\ub294 \uace7\uc7a5 \ub2e4\ub978 \ud22c\uc790\ucc98\ub85c \uc62e\uae30\ub294 \uac83\uc774 \uc544\ub2c8\ub77c, \ubca4\ucc98 \uae30\uc5c5\uacfc \ud568\uaed8 \uad00\ub828 \ubb38\uc81c\ub97c \ud574\uacb0\ud558\uace0\uc790 \ub178\ub825\ud558\ub294 \ud3ec\uc6a9\uc801\uc778 \ub9c8\uc778\ub4dc\ub97c \uac00\uc838\uc57c \ud55c\ub2e4. \ub610\ud55c \ud22c\uc790\uc790\ub4e4\uc740 \uadfc\ubcf8\uc801\uc774\uace0 \uc2dc\uae09\ud55c \uc0ac\ud68c \ubb38\uc81c\uc5d0 \uc911\uc810\uc744 \ub454 \ud3ec\ud2b8\ud3f4\ub9ac\uc624\ub97c \uc801\uadf9\uc801\uc73c\ub85c \uad6c\uc131\ud574\uc57c \ud55c\ub2e4. \uc774\ub7ec\ud55c \uc0ac\ud68c \ubb38\uc81c\ub294 \uacf5\ub3d9\ud22c\uc790\uc790, \ub300\ud559, \uacf5\uacf5\uae30\uad00, \uae30\uc5c5 \ub4f1\uc758 \ub2e4\uc591\ud55c \uc0dd\ud0dc\uacc4 \uad6c\uc131\uc6d0\ub4e4\uc774 \ud568\uaed8 \ud574\uacb0\ud574\uc57c \ud560 \ub9cc\ud07c \ub113\uc740 \uc601\uc5ed\uc5d0 \uac78\uccd0 \uc788\ub2e4. \ubc14\uc774\uc624 \u00b7 \uc758\ub8cc \ud22c\uc790 VC\uc778 <strong>\uc778\ub514\ubc14\uc774\uc624(IndieBio)<\/strong> \uc124\ub9bd\uc790 <strong>\uc544\ub974\ube48\ub4dc \uad7d\ud0c0(Arvind Gupta)<\/strong>\ub294 &#8220;\uc6b0\ub9ac\ub294 \ud574\uacb0\ucc45\uc774 \uc544\ub2c8\ub77c \ubb38\uc81c\uc5d0 \ud22c\uc790\ud55c\ub2e4.&#8221;\ub77c\uace0 \uac15\uc870\ud588\ub2e4.<\/p>\n<p>\uc77c\ubd80 \ub525\ud14c\ud06c \ubd84\uc57c\uc758 \uacbd\uc7c1\uc774 \uce58\uc5f4\ud574\uc9c0\uace0 \uc788\uc9c0\ub9cc, \ud22c\uc790\uc790\ub4e4\uc740 \uc218\ub3d9\uc801\uc778 \uc790\uc138\ub97c \ucde8\ud558\uae30\ubcf4\ub2e4\ub294 \uc624\ud788\ub824 \uc801\uadf9\uc801\uc73c\ub85c \ud22c\uc790\ud560 \ubca4\ucc98 \uae30\uc5c5\uc744 \ubb3c\uc0c9\ud574\uc57c \ud55c\ub2e4. \ub2e4\ub978 \uc790\ubcf8\uc774\ub098 \ud22c\uc790\uc790\ub4e4\uc744 \ub9e4\ud639\ud560 \ub9cc\ud55c \uba85\ud655\ud55c \ubb38\uc81c\uc758\uc2dd\uacfc \ub9e4\ub825\uc801\uc778 \uc694\uc18c\ub97c \uac16\ucd98 \ub525\ud14c\ud06c \uc0ac\uc5c5\uc5d0 \uc9d1\uc911\ud55c \ud22c\uc790 \ud3ec\ud2b8\ud3f4\ub9ac\uc624\ub97c \uad6c\uc131\ud558\uba74, \uc774\ub97c \ud1b5\ud574 \ud22c\uc790\uc790\ub4e4\uc774 \uad00\uc2ec\uacfc \ud22c\uc790\uc790\uae08\uc744 \uc804\uc801\uc73c\ub85c \ud22c\uc785\ud560 \uc218 \uc788\uace0, \ubb38\uc81c\uac00 \ubc1c\uc0dd\ud588\uc744 \ub54c \ud574\uacb0\uc744 \ub3c4\uc6b0\uba74\uc11c \ub2e4\ub978 \uc5b4\ub5a4 \ubd84\uc57c\ubcf4\ub2e4 \ub525\ud14c\ud06c \ubca4\ucc98\uc5d0\uc11c\uc57c\ub9d0\ub85c &#8216;\ud544\uc694\uac00 \ud601\uc2e0\uc758 \uc5b4\uba38\ub2c8&#8217;\ub77c\ub294 \uc0ac\uc2e4\uc744 \uc778\uc9c0\ud560 \uc218 \uc788\ub2e4.<\/p>\n<p>&nbsp;<\/p>\n<h5><strong>\uc5ed\uc124 2. \ud22c\uc790\ud558\uc9c0 \uc54a\ub294 \uac83\uc774 \ud22c\uc790\ud558\ub294 \uac83\ubcf4\ub2e4 \ub354 \ud070 \ub9ac\uc2a4\ud06c\uc774\ub2e4<\/strong><\/h5>\n<p>\ud22c\uc790\uc790\ub4e4\uc740 \ub525\ud14c\ud06c \ubca4\ucc98\uc758 \ub9ac\uc2a4\ud06c\uc640 \ub0b4\uc7ac\ud55c \ucde8\uc57d\uc131\uc5d0 \ub300\ud574 \uac00\uc7a5 \ud070 \uc6b0\ub824\ub97c \uc81c\uae30\ud55c\ub2e4. \uc5b4\ub5a0\ud55c \uce21\uba74\uc5d0\uc11c\ub294 \uc774\ub7ec\ud55c \uc6b0\ub824\uac00 \uc815\ub2f9\ud558\ub2e4\uace0 \ubcfc \uc218 \uc788\ub2e4. \uc11c\ube44\uc2a4\ud615 \uc18c\ud504\ud2b8\uc6e8\uc5b4(SaaS, Software-as-a-Service) \uc624\ud37c\ub9c1 \u00b7 \ud50c\ub7ab\ud3fc\uacfc \uac19\uc740 \uc21c\uc218 \ub514\uc9c0\ud138 \ubca4\ucc98\uc640 \ub2ec\ub9ac, \ub525\ud14c\ud06c \ubca4\ucc98\ub294 \uc9c4\uc785 \uc7a5\ubcbd\uc774 \ub354 \ub192\ub2e4. \uc0c1\uc6a9\ud654\uae4c\uc9c0\uc758 \uacfc\uc815\uc774 \ub354 \uae38\uace0, \ucd08\uae30 \ud22c\uc790 \ube44\uc6a9\ub3c4 \ud06c\uba70, \ud574\ub2f9 \ubd84\uc57c\uc5d0\uc11c \ucc38\uace0\ud560 \ub9cc\ud55c \uc131\uacf5 \uc0ac\ub840\uc870\ucc28 \ucc3e\uae30 \ud798\ub4e4 \ub54c\uac00 \ub9ce\uae30 \ub54c\ubb38\uc774\ub2e4. \ud55c\ud3b8\uc73c\ub85c\ub294 \ud22c\uc790\uc790\ub4e4\uc774 \ub525\ud14c\ud06c \uae30\uc5c5\uc758 \uc7a0\uc7ac\ub825\uc744 \uc815\ud655\ud558\uac8c \ud3c9\uac00\ud558\ub294 \ub370 \ud544\uc694\ud55c \uacbd\ud5d8\uc774\ub098 \uc2e4\uc6a9\uc801\uc778 \uc9c0\uc2dd\uc774 \uc5c6\uae30 \ub54c\ubb38\uc774\uae30\ub3c4 \ud558\ub2e4.<\/p>\n<p>\uadf8\ub7ec\ub098 \ud22c\uc790\uc5d0\uc11c \ub9ac\uc2a4\ud06c \uc644\ud654 \uc804\ub7b5\uc744 \ud1a0\ub300\ub85c \uc880 \ub354 \uc0dd\uac01\ud574\ubcf8\ub2e4\uba74, \ub525\ud14c\ud06c \ubca4\ucc98\ub294 \uc21c\uc218 \ub514\uc9c0\ud138 \ubca4\ucc98\ubcf4\ub2e4 \uc624\ud788\ub824 \ub9ac\uc2a4\ud06c\uac00 \ub0ae\ub2e4\uace0 \ubcfc \uc218\ub3c4 \uc788\ub2e4. \uc218\uc2ed \ub144 \ub3d9\uc548 \ud574\uacb0\ub418\uc9c0 \uc54a\uc558\ub358 \uadfc\ubcf8\uc801\uc778 \ubb38\uc81c \ud574\uacb0\uc5d0 \ub300\ud55c \ud544\uc694\uac00 \ubd84\uba85\ud788 \uc874\uc7ac\ud558\uae30 \ub54c\ubb38\uc774\ub2e4. \uadf8\ub807\uac8c \ubcf8\ub2e4\uba74, \uc774\uc81c \ub525\ud14c\ud06c\uac00 \uac00\uc9c0\ub294 \ub9ac\uc2a4\ud06c\ub294 &#8220;\ud569\ub9ac\uc801\uc774\uba74\uc11c\ub3c4 \uac00\ubcc0\uc801\uc778 \uac00\uaca9\uc73c\ub85c \uae30\uc220\uc744 \uc0dd\uc0b0\ud560 \uc218 \uc788\ub294\uac00?&#8221;\ub77c\uace0 \ud558\ub294 \uae30\uc220\uc758 \uc2e4\ud589\uacfc \ube44\uc988\ub2c8\uc2a4 \ubaa8\ub378\uc5d0 \ub300\ud55c \uc9c8\ubb38\uc774 \ub41c\ub2e4. \ud22c\uc790\uc790\ub4e4\uc740 \ub525\ud14c\ud06c\uac00 \ub2e4\ub8e8\ub294 \uae30\uc220\uacfc \ubb38\uc81c\uc5d0 \uc775\uc219\ud558\uc9c0 \uc54a\uace0, \uc774\ub7ec\ud55c \ubb38\uc81c\ub97c \uc811\ud574\ubcf8 \uacbd\ud5d8\ub3c4 \uc5c6\uae30 \ub54c\ubb38\uc5d0 \ub525\ud14c\ud06c\uac00 \uac00\uc9c4 \ub9e4\ub825 \uc694\uc18c\ub97c \ubc1c\uacac\ud558\uc9c0 \ubabb\ud558\uae30\ub3c4 \ud55c\ub2e4.<\/p>\n<p>1990\ub144\ub300 \ud6c4\ubc18\ubd80\ud130 2000\ub144\ub300 \ucd08\ubc18, \ub514\uc9c0\ud138 \ubca4\ucc98\uc5d0 \ud22c\uc790\ud558\uc9c0 \uc54a\uc740 \uac83\uc774 \ud070 \ub9ac\uc2a4\ud06c\uc600\ub358 \uac83\uacfc \uac19\uc740 \uc774\uc720\ub85c, \uc9c0\uae08 \ub525\ud14c\ud06c \ud22c\uc790\ub97c \ud53c\ud558\ub294 \uac83\uc740 \ub9ac\uc2a4\ud06c\uac00 \uac00\uc7a5 \ud070 \uacb0\uc815\uc774\ub2e4. \ub2f9\uc2dc \ub9ce\uc740 \ud22c\uc790\uc790\uac00 \ub514\uc9c0\ud138 \ubca4\ucc98\ub97c \ub0af\uc124\uac8c \ub290\uaf08\uace0, 2000\ub144 \ub2f7\ucef4 \ubc84\ube14\uc758 \ubd95\uad34\ub85c \ubd88\uc548\uc740 \ub354\uc6b1 \ucee4\uc84c\ub2e4. \ud558\uc9c0\ub9cc \uc774 \uc2dc\uae30\ub294 \uc624\ub298\ub0a0 \uc5c5\uacc4\ub97c \uc120\ub3c4\ud558\ub294 \ub514\uc9c0\ud138 \uae30\uc5c5\ub4e4\uc758 \uc131\uc7a5\ud558\ub358 \ub54c\uc774\uae30\ub3c4 \ud588\ub2e4. \uc774\ub54c \ub048\uae30 \uc788\uac8c \ub124\ud2b8\uc6cc\ud06c\ub97c \uad6c\ucd95\ud558\uace0, \uc5c5\uacc4 \uad00\ub828 \uc9c0\uc2dd\uc744 \uacf5\ubd80\ud558\uba74\uc11c \uc2dc\uac04\uacfc \ub178\ub825\uc744 \ud22c\uc785\ud55c \ud22c\uc790\uc790\ub4e4\uc774 \uacb0\uad6d \uac00\uc7a5 \ub192\uc740 \uc218\uc775\ub960\uc744 \ubcf4\uc600\ub2e4.<\/p>\n<p>\ub9c8\ucc2c\uac00\uc9c0\ub85c, \ub525\ud14c\ud06c \ubd84\uc57c\uc5d0\uc11c \uc77c\ucc0c\uac10\uce58 \uc790\ub9ac\ub97c \uc120\uc810\ud558\ub294 \ud22c\uc790\uc790\ub294 \ube60\ub978 \uc131\uc7a5 \uae30\ud68c\ub97c \ud3ec\ucc29\ud560 \uc218 \uc788\uace0, \ubbf8\ub798\uc5d0 \ub525\ud14c\ud06c \ud22c\uc790\uac00 \ub354\uc6b1\ub354 \ub9e4\ub825\uc801\uc778 \ud22c\uc790 \uae30\ud68c\ub85c \ubc1c\uc804\ud588\uc744 \ub54c \uc720\ub9ac\ud55c \uc704\uce58\ub97c \ucc28\uc9c0\ud560 \uc218 \uc788\ub2e4. \ud2b9\ud788, \uc5d0\ub108\uc9c0, \ud654\ud559, \ub18d\uc5c5 \uc5c5\uacc4\uc758 \uae30\uc874 \uae30\uc5c5\ub4e4\uc740 \ub525\ud14c\ud06c\uc758 \ubb3c\uacb0\uc5d0 \ud569\ub958\ud558\uc9c0 \uc54a\uc73c\uba74 \uc190\ud574\ub97c \ubcfc \uac00\ub2a5\uc131\uc774 \ub192\ub2e4. \ub525\ud14c\ud06c\ub294 \uacfc\ud559\uacfc \uae30\uc220, \ub514\uc790\uc778\uc758 \uacbd\uacc4\ub97c \ub118\ub098\ub4e4\uba70 \uc810\uc810 \ub354 \ubc1c\uc804\ud558\uace0 \uc788\uace0, \uadf8 \uc785\uc9c0\ub294 \uc55e\uc73c\ub85c \ub354 \uad73\uac74\ud574\uc9c8 \uac83\uc774\ub2e4. \uacfc\uac70 \ube44\uc2b7\ud55c \uae30\uc220 \ud601\uc2e0\uacfc \ub9c8\ucc2c\uac00\uc9c0\ub85c, \ub525\ud14c\ud06c \ubca4\ucc98 \uae30\uc5c5\uc740 \ud604\uc0c1 \uc720\uc9c0\uc5d0 \ud798\uc4f0\uba74\uc11c \uae30\uc874 \uc5c5\uacc4\uc758 \uc120\ub3c4\uae30\uc5c5\ub4e4\uc744 \ubb34\ub108\ub728\ub9ac\uace0\uc790 \ud560 \uac83\uc774\ub2e4.<\/p>\n<p>BCG\uc640 \ud5ec\ub85c \ud22c\ubaa8\ub85c\uc6b0\uac00 \uc2e4\uc2dc\ud55c \uc124\ubb38 \uc870\uc0ac\uc5d0 \ub530\ub974\uba74, \ub525\ud14c\ud06c \ud22c\uc790\uc790\uc758 69%\ub294 \uacfc\ud559 \uae30\uc220\uacfc \uad00\ub828\ub41c \ub9ac\uc2a4\ud06c\ubfd0\ub9cc \uc544\ub2c8\ub77c \uc2dc\uc7a5 \ub9ac\uc2a4\ud06c\uac00 \u2018\ub108\ubb34 \ub192\ub2e4\u2019\ub294 \uc758\uacac\uc5d0 \ub3d9\uc758\ud558\uc9c0 \uc54a\ub294\ub2e4\uace0 \ub300\ub2f5\ud588\ub2e4. \uc774\ub7ec\ud55c \uacb0\uacfc\ub294 \uadf8\ub4e4\uc774 \uad00\ub828 \uc804\ubb38 \uc9c0\uc2dd\uc744 \uc2b5\ub4dd\ud558\uae30 \uc704\ud574 \ud22c\uc790\ud55c \ub178\ub825\uc744 \ubcf4\uba74 \ucda9\ubd84\ud788 \uc774\ud574\ub41c\ub2e4. \ub525\ud14c\ud06c\uc758 \uc7a0\uc7ac\ub825\uc744 \ud3c9\uac00\ud558\uae30 \uc704\ud574 \ud22c\uc790\uc790\uc758 79%\uac00 \uc678\ubd80 \uc804\ubb38\uac00, 42%\ub294 \ubc15\uc0ac\ud559\uc704 \ucde8\ub4dd\uc790, 37%\ub294 \uc11d\uc0ac \uc218\uc900\uc758 \uc774\uacf5\uacc4 \ud559\uc704 \ucde8\ub4dd\uc790\ub97c \uace0\uc6a9\ud588\ub2e4\uace0 \uc751\ub2f5\ud588\ub2e4. \ub610\ud55c \ub2e4\ub978 \ud22c\uc790\uc790\ub4e4\uc774\ub098 \uae30\uc5c5 \ub9ac\ub354, \uaddc\uc81c \uae30\uad00, \ub300\ud559 \ub4f1\uacfc \uc815\uae30\uc801\uc778 \ubaa8\uc784\uc744 \ud558\uba70 \uacf5\ub3d9 \ud22c\uc790\uc790\ub97c \ucc3e\uac70\ub098 \ub354 \ud070 \uaddc\ubaa8\uc758 \ubca4\ucc98 \ud611\uc5c5\uc744 \uc81c\uc548\ud558\uae30\ub3c4 \ud55c\ub2e4\uace0 \ub9d0\ud588\ub2e4. \ub525\ud14c\ud06c \uc0dd\ud0dc\uacc4\ub294 \uacc4\uc18d\ud574\uc11c \ud65c\uc131\ud654\ub418\uace0 \ud655\uc7a5\ub418\uc5b4\uc57c \ud560 \ud544\uc694\uac00 \uc788\ub2e4. \ub354\uc6b1\ub354 \ub9ce\uc740 \ud22c\uc790\uc790\uac00 \ud22c\uc790\uc5d0 \ucc38\uc5ec\ud574 \ubca4\ucc98 \uae30\uc5c5\uc758 \uc131\uc7a5\uc744 \uc9c0\uc6d0\ud574\uc57c \ud55c\ub2e4.<\/p>\n<p>\ub354\uad70\ub2e4\ub098 \uc774\uc81c\ub294 \ud6a8\uc728\uc801\uc778 \ub9ac\uc2a4\ud06c \uad00\ub9ac\ubc95\uc774 \uc874\uc7ac\ud55c\ub2e4. \ud22c\uc790\uc790\ub4e4\uc740 \uc774\ub97c \uc798 \uc219\uc9c0\ud558\uc5ec \ub525\ud14c\ud06c \ubca4\ucc98\uac00 \uc2dc\uc7a5 \uc2e4\ud328, \uae30\uc220 \uacfc\uc789 \ub4f1\uc758 \ub9ac\uc2a4\ud06c\ub97c \ud53c\ud560 \uc218 \uc788\ub3c4\ub85d \ub3c4\uc6c0\uc744 \uc8fc\uc5b4\uc57c \ud55c\ub2e4. (\ubcf4\uae30 3 \ucc38\uc870) \uc608\ub97c \ub4e4\uc5b4, <strong>\u2018\ub9b0 \uc2a4\ud0c0\ud2b8\uc5c5(Lean Startup)\u2019<\/strong>\uc774\ub77c\ub294 \ubc29\ubc95\ub860\uc5d0\uc11c \ucc28\uc6a9\ud55c <strong>\u2018\uc124\uacc4-\uad6c\ud604-\ud14c\uc2a4\ud2b8-\ud559\uc2b5(Design-Build-Test-Learn, DBTL) \uc8fc\uae30\u2019<\/strong> \uc811\uadfc \ubc29\uc2dd\uc744 \uc801\uc6a9\ud560 \uacbd\uc6b0, \ube44\ub85d \uc0c8\ub85c\uc6b4 \ubd84\uc57c\uc758 R&amp;D\ub77c \ud560\uc9c0\ub77c\ub3c4 \ubca4\ucc98 \uae30\uc5c5\uc774 \ubc1c\uc804\uc744 \uc9c0\uc18d\ud558\uace0, \ud14c\uc2a4\ud2b8 \uc18d\ub3c4\ub97c \ub192\uc5ec \ucd5c\uc18c\uae30\ub2a5\uc81c\ud488(minimum viable product, MVP)\uc744 \uc2dc\uc7a5\uc5d0 \uc120\ubcf4\uc77c \uc218 \uc788\ub294 \uac00\ub2a5\uc131\uc774 \uc0dd\uae34\ub2e4. \uc81c\ud488 \ucd9c\uc2dc \uae30\uac04\uc744 \uc6d4 \ub2e8\uc704\uc5d0\uc11c \uc8fc \ub2e8\uc704\ub85c \uc904\uc774\ub294 \ub370 \uc131\uacf5\ud55c \ud569\uc131\uc0dd\ubb3c\ud559 \uad00\ub828 \uae30\uc5c5\uc744 \uc608\ub85c \ub4e4 \uc218 \uc788\ub2e4. \uc5f0\uad6c\uc2e4\uc5d0\uc11c \uac1c\ubc1c\uc5d0 \uc131\uacf5\ud55c \ub525\ud14c\ud06c \uae30\uc220\uc740 \uc77c\ubc18\uc801\uc73c\ub85c \uae30\uc5c5\uc758 \uc9c0\uc2dd\uc7ac\uc0b0\uc73c\ub85c \ubcf4\ud638\ub418\uba70, \uc774\ub7ec\ud55c \uc81c\ub3c4 \ub355\ubd84\uc5d0 \uacbd\uc7c1\uc744 \uc81c\ud55c\ud558\uba74\uc11c \ube60\ub974\uac8c \uaddc\ubaa8\ub97c \ud0a4\uc6b8 \uc218 \uc788\ub2e4.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-4171\" src=\"https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-3-KR-1.png\" alt=\"\ubcf4\uae30 3 | \ub525\ud14c\ud06c \ubca4\ucc98\uc758 \ub9ac\uc2a4\ud06c \uad00\ub9ac \uae30\ubc95\" width=\"1280\" height=\"720\" title=\"\" srcset=\"https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-3-KR-1.png 1280w, https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-3-KR-1-300x169.png 300w, https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-3-KR-1-1024x576.png 1024w, https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-3-KR-1-768x432.png 768w, https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-3-KR-1-696x392.png 696w, https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-3-KR-1-1068x601.png 1068w, https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-3-KR-1-747x420.png 747w\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\" \/><\/p>\n<p>\uac1c\ubc1c \ucd08\uae30\ubd80\ud130 \uc81c\uc870 \ubc0f \ucd9c\uc2dc\uc5d0 \uc774\ub974\uae30\uae4c\uc9c0 \ubaa8\ub4e0 \ub2e8\uacc4\uc5d0\uc11c \uac00\uce58\uc640 \ube44\uc6a9\uc744 \uace0\ub824\ud558\uc5ec \ub9ac\uc2a4\ud06c\ub97c \uc904\uc77c \uc218\ub3c4 \uc788\ub2e4. \uc124\uacc4 \ub2e8\uacc4\uc5d0\uc11c \ube44\uc6a9 \ubd84\uc11d\uc744 \uba3c\uc800 \uc2dc\ud589\ud558\ub294 \uac83\uc774 \ubd88\ud544\uc694\ud558\uac8c \ubcf4\uc77c \uc218\ub3c4 \uc788\uc9c0\ub9cc, \uc774 \uacfc\uc815\uc740 \ubca4\ucc98 \uc0ac\uc5c5 \uc804\ubc18\uc758 \uc6b4\uc601\uc5d0 \uc55e\uc11c \uace0\uac1d \uac00\uce58\uc5d0 \ucd08\uc810\uc744 \ub9de\ucd9c \uc218 \uc788\ub3c4\ub85d \ud574\uc900\ub2e4. \uc608\ub97c \ub4e4\uc5b4, \ubbf8\uad6d \ubc30\ud130\ub9ac \uc2a4\ud0c0\ud2b8\uc5c5 <strong>\uc2e4\ub77c \ub098\ub178\ud14c\ud06c\ub180\ub85c\uc9c0\uc2a4(SILA Nanotechnologies)<\/strong>\ub294 \uc804 \uc138\uacc4\uc5d0\uc11c \ud1b5\uc6a9\ub418\uace0 \uc788\ub294 \ubc30\ud130\ub9ac \uad6c\uc131 \uc694\uc18c\uc5d0 \ubc8c\ud06c \ud569\uc131 \ubc18\uc751\uae30(bulk synthesis reactor)\ub97c \uc0ac\uc6a9\ud558\uc5ec \ud6a8\uc728\uc801\uc73c\ub85c \ud655\uc7a5\uc131\uc744 \ub192\uc778 \uc0c8\ub85c\uc6b4 \ubc30\ud130\ub9ac \uae30\uc220\uc744 \uac1c\ubc1c\ud588\ub2e4. \uc774\ub4e4\uc740 \uac00\uce58\uac00 \uac00\uc7a5 \ub192\uc740 \ud734\ub300\ud3f0 \ubc30\ud130\ub9ac \ubd84\uc57c\uc5d0\uc11c\ubd80\ud130 \uc2dc\uc791\ud574, \uc774\ud6c4 \ub2e4\ub978 \ubd84\uc57c\ub85c \uc0ac\uc5c5\uc744 \ud655\uc7a5\ud588\ub2e4.<\/p>\n<p>&nbsp;<\/p>\n<h5><strong>\uc5ed\uc124 3. \ud22c\uc790\ub97c \uac00\ub85c\ub9c9\ub294 \uc7a5\ubcbd\uc740 \ub192\uc544\uc9c0\uae30\ub3c4 \ub0ae\uc544\uc9c0\uae30\ub3c4 \ud55c\ub2e4<\/strong><\/h5>\n<p>\ub525\ud14c\ud06c \ubca4\ucc98\uc758 \uc785\uc7a5\uc5d0\uc11c \uac00\uc7a5 \uc6b0\ub824\ub418\ub294 \uc810\uc740 \ubc14\ub85c \uc790\uae08 \ubd80\uc871\uc774\ub2e4. \ucd08\uae30 R&amp;D \ube44\uc6a9\uc774 \ud070 \ud0d3\uc774\ub2e4. \ud558\uc774\ube0c\ub9ac\ub4dc \uc804\uae30 \ube44\ud589\uae30, \ud575\ud3d0\uae30\ubb3c \ucc98\ub9ac \uae30\uc220 \uac19\uc740 \uc194\ub8e8\uc158\uc744 \uc801\uc740 \ube44\uc6a9\uc73c\ub85c \uc81c\uacf5\ud560 \uc218 \uc788\ub294 \uae30\uc5c5\uc740 \uc5c6\ub2e4. \uac8c\ub2e4\uac00 MVP \uac1c\ubc1c\ub85c \uac00\ub294 \uadf9\ucd08\uae30 \ub2e8\uacc4\uc5d0\uc11c\ub294 \ub300\ubd80\ubd84 \uae30\uc220 \ub9ac\uc2a4\ud06c\ub098 \uac00\uce58\ub97c \uace0\ub824\ud55c \uc124\uacc4(DtV, Design-to-Value) \ubc29\uc2dd\uc5d0 \ub300\ud55c \uac80\ud1a0\uac00 \uc120\ud589\ub418\ubbc0\ub85c, \ub525\ud14c\ud06c \ubca4\ucc98 \uae30\uc5c5\uc740 \ucd08\uae30 \ud22c\uc790 \ub77c\uc6b4\ub4dc(\uc2dc\ub4dc \ud22c\uc790, \uc2dc\ub9ac\uc988 A, \uc2dc\ub9ac\uc988 B) \uc9c4\ud589\uc774 \uc5b4\ub824\uc6b8 \uc218 \uc788\ub2e4.<\/p>\n<p>\uadf8\ub7ec\ub098 \ub525\ud14c\ud06c \ud601\uc2e0\uc744 \ubc29\ud574\ud558\ub294 \uc7a5\ubcbd\uc740 \uc810\ucc28 \ubb34\ub108\uc9c0\uace0 \uc788\ub2e4. DNA \ubd84\uc11d, \ud504\ub85c\ud1a0\ud0c0\uc774\ud551, \uc2dc\ubbac\ub808\uc774\uc158 \ub4f1\uc5d0\uc11c \uce21\uc815\ub418\ub294 R&amp;D \ube44\uc6a9\uc740 \uc0ac\uc2e4\uc0c1 10\ub144 \uc804\uc758 \uc561\uc218\uc77c \ubfd0\uc774\ub2e4. \uc124\ube44 \uc2dc\uc124\uc5d0\uc11c \ub514\uc2a4\ucf00\uc77c\ub9c1 \uc791\uc5c5\uc744 \uc2e4\uc2dc\ud558\uba74 \uacf5\uc7a5 \uc14b\uc5c5 \ube44\uc6a9\uc744 \uc904\uc774\uace0, \uc810\uc9c4\uc801\uc778 \uc790\ubcf8 \ud655\ubcf4\uac00 \uac00\ub2a5\ud558\uba70, \uc720\uc9c0\ubcf4\uc218 \ud6a8\uc728\uc131\uc744 \ucd5c\uc801\ud654\ud560 \uc218 \uc788\uc5b4 \uc81c\ud488\uc758 \uc2dc\uc7a5 \ucd9c\uc2dc \uc8fc\uae30\uac00 \ub2e8\ucd95\ub41c\ub2e4. \ub300\ud45c\uc801\uc778 \uc608\ub85c \ub374\ub9c8\ud06c \uc6d0\uc790\ub825 \uc2a4\ud0c0\ud2b8\uc5c5 <strong>\uc2dc\ubcf4\uadf8 \ud14c\ud06c\ub180\ub85c\uc9c0\uc2a4(Seaborg Technologies)<\/strong>\uc758 \ubd80\uc720\uc2dd \uc6d0\uc790\ub825 \ubc1c\uc804\uc18c, \ubbf8\uad6d 3D\ud504\ub9b0\ud305 \uae30\uc5c5 <strong>\ub370\uc2a4\ud06c\ud0d1 \uba54\ud0c8(Desktop Metal)<\/strong>\uc758 \uc801\uce35 \uc81c\uc870 \uc2dc\uc2a4\ud15c\uc774 \uc788\ub2e4. \uae30\uc220 \uac1c\ubc1c \uc2dc\uac04 \uc5ed\uc2dc \ube60\ub974\uac8c \ub2e8\ucd95\ub418\uace0 \uc788\ub2e4. \ud2b9\ud788 \uc591\uc790\ucef4\ud4e8\ud130\uc758 \uc608\uc0c1 \ucc98\ub9ac \uc2dc\uac04\uc774 \uacc4\uc18d\ud574\uc11c \uc904\uc5b4\ub4e4\uace0 \uc788\ub294\ub370, \uc601\uad6d\uc758 \uc778\uacf5\uc9c0\ub2a5 \uac1c\ubc1c \uae30\uc5c5 <strong>\ub525\ub9c8\uc778\ub4dc(DeepMind)<\/strong>\uc5d0\uc11c \uc9c4\ud589 \uc911\uc778 \ud504\ub85c\uc81d\ud2b8 <strong>\u2018\uc54c\ud30c\ud3f4\ub4dc2(AlphaFold2)\u2019<\/strong>\ub294 \uc9c0\ub09c 50\ub144\uac04 \uc0dd\uba85\uacf5\ud559 \ubd84\uc57c\uc758 \ub09c\uc81c\uc600\ub358 \ub2e8\ubc31\uc9c8\uc758 3D \uc811\ud798 \uad6c\uc870\ub97c \uc608\uc0c1\ubcf4\ub2e4 \ud6e8\uc52c \ube60\ub974\uac8c \ud480\uc5b4\ub0c8\ub2e4. \ud5a5\ud6c4 \uc218\ub144\uac04 \ub525\ud14c\ud06c R&amp;D \ube44\uc6a9\uc740 \uc5b4\uca4c\uba74 \ub2e4\ub978 \ubd84\uc57c\uc758 \uae30\uc5c5\ub4e4\ubcf4\ub2e4 \ub354 \ube60\ub974\uac8c \uc904\uc5b4\ub4e4 \uac83\uc774\uace0, \uae30\uc5c5\uc758 \uc131\uc7a5 \uaddc\ubaa8\ub294 \ud6e8\uc52c \ucee4\uc9c8 \uac83\uc774\ub2e4. \uadf8\ub807\uac8c \ub418\uba74 \uc810\uc810 \ub354 \ub9ce\uc740 \ud22c\uc790\uc790\ubcf8\uc774 \ub525\ud14c\ud06c \ud22c\uc790\ub85c \ubab0\ub9b4 \uc218 \uc788\ub2e4.<\/p>\n<p>\ubc18\uba74, \ub525\ud14c\ud06c \ud22c\uc790\ub97c \ud76c\ub9dd\ud558\ub294 \ud22c\uc790\uc790\ub4e4\uc774 \ub9c8\uc8fc\ud55c \uc9c4\uc785 \uc7a5\ubcbd\uc740 \uac08\uc218\ub85d \ub192\uc544\uc9c0\uace0 \uc788\ub2e4. \ub525\ud14c\ud06c \ubca4\ucc98\uc5d0 \ud544\uc694\ud55c \ub300\uaddc\ubaa8 \ud22c\uc790\uc790\ubcf8\uc740 \ub300\ubd80\ubd84 LP\uac00 \uc120\ud638\ud558\ub294 \uacac\uace0\ud55c \ud3c9\ud310\uacfc \uc548\uc815\uc801\uc778 \uaddc\ubaa8\uc758 \ub808\uac70\uc2dc \ud380\ub4dc\uc5d0 \ubb36\uc5ec \uc788\uae30 \ub54c\ubb38\uc5d0, \ucd08\uae30 \ub2e8\uacc4 \uc774\ud6c4 \ub77c\uc6b4\ub4dc\uc5d0\uc11c \ub525\ud14c\ud06c \ubca4\ucc98\uac00 \uc0ac\uc6a9\ud560 \uc218 \uc788\ub294 \uc790\uae08\uc740 \uc81c\ud55c\uc801\uc774\ub2e4.<\/p>\n<p>\uadf8\ub7ec\ub098 \uc774\ub7ec\ud55c \uad6c\uc870\uc801 \uc694\uc778\uc740 \uc77c\uc2dc\uc801\uc778 \ud604\uc0c1\uc73c\ub85c \ubcfc \uc218 \uc788\ub2e4. \uac01\uc885 \ub525\ud14c\ud06c \ud22c\uc790 \uc218\ub2e8\uc774 \ub4f1\uc7a5\ud558\uace0 \uc788\uc73c\uba70, \ube44\uad50\uc801 \uc815\uc801\uc774\uace0 \ube44\uc5b4 \uc788\ub294 \uacf3\uc774 \ub9ce\uc558\ub358 \ud22c\uc790 \ud658\uacbd\uc774 \uc810\ucc28 \ud65c\ubc1c\ud558\uace0 \ub2e4\uc774\ub0b4\ubbf9\ud55c \ud22c\uc790 \uc0dd\ud0dc\uacc4\ub85c \uc9c4\ud654\ud560 \uac83\uc73c\ub85c \uc608\uc0c1\ub41c\ub2e4. (\ubcf4\uae30 4 \ucc38\uc870) \uc7a5\uae30\uc801\uc778 \uc5b4\ub311\ud2f0\ube0c \uce90\ud53c\ud138(adaptive capital)\uc774\ub098 \ubca4\ucc98 \uc2a4\ud29c\ub514\uc624 \uc678\uc5d0\ub3c4 \ub525\ud14c\ud06c VC\uc640 \uc0ac\ubaa8\ud380\ub4dc\uac00 \uc0dd\ud0dc\uacc4\uc5d0 \ud761\uc218\ub418\uba74\uc11c \ub525\ud14c\ud06c \ubca4\ucc98 \uae30\uc5c5\uc758 \ud22c\uc790 \uc0c1\ud669\uc774 \ub098\uc544\uc9c8 \uac83\uc73c\ub85c \ubcf4\uc778\ub2e4. \uad6c\uccb4\uc801\uc73c\ub85c \ubcf4\uba74, \ub525\ud14c\ud06c VC \ud380\ub4dc\ub294 \uc218\uba85\uc5d0 \ub530\ub77c 10~15\ub144, \uaddc\ubaa8\uc5d0 \ub530\ub77c 1\uc5b5 5\ucc9c\ub9cc~3\uc5b5 \ub2ec\ub7ec\ub85c \uad6c\ubd84\ub41c\ub2e4. VC\ub294 \uc120\uc815\ub41c \uc575\ucee4\ud22c\uc790\uc790, \uc5ec\ub7ec \ubb38\ud654\uc640 \uc804\ubb38 \ubd84\uc57c\ub97c \ubc30\uacbd\uc73c\ub85c \uc9c0\ub2cc \uad6c\uc131\uc6d0\ub4e4, \uc5f0\uad6c\ucd9c\ud310 \uae30\uad00, \uadf8 \uc678 \uad11\ubc94\uc704\ud55c \ub124\ud2b8\uc6cc\ud06c(\ub300\ud559, \uae30\uc5c5, \uc815\ubd80 \uae30\uad00 \ub4f1)\uc758 \uc9c0\uc6d0\uc744 \ubc1b\uac8c \ub41c\ub2e4. \uc774\ub7ec\ud55c \uad6c\uc131\uc740 VC\uac00 \ubcf8\ub798 \uc9c0\ub2c8\ub294 \ud575\uc2ec \uac00\uce58\uc778 \u2018\ubcc0\ud601\uc801 \ube44\uc988\ub2c8\uc2a4\uc5d0 \uc9d1\uc911\ud55c \uc57c\uc2ec \ucc2c \ube44\uc804\u2019\uc744 \ub418\ucc3e\uc744 \uc218 \uc788\ub3c4\ub85d \ud560 \uac83\uc774\ub2e4.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-4172\" src=\"https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-4-KR.png\" alt=\"\ubcf4\uae30 4 | \ub525\ud14c\ud06c \ub9de\ucda4\ud615 \ud22c\uc790 \uc0dd\ud0dc\uacc4\uc758 \ub4f1\uc7a5\" width=\"1280\" height=\"720\" title=\"\" srcset=\"https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-4-KR.png 1280w, https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-4-KR-300x169.png 300w, https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-4-KR-1024x576.png 1024w, https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-4-KR-768x432.png 768w, https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-4-KR-696x392.png 696w, https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-4-KR-1068x601.png 1068w, https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-4-KR-747x420.png 747w\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\" \/><\/p>\n<p>\ub610\ud55c \ub864\ub9c1\ud380\ub4dc(rolling fund)\ub098 \uae30\ud68c\ud380\ub4dc(opportunity fund), \ubd80\uac00\ud310\uad8c \uc2dc\uc7a5\uc758 \uc131\uc7a5 \ub4f1 \uc7a5\uae30\uc801\uc778 \ud0c0\uc784\ub77c\uc778\uc744 \ud615\uc131\ud558\ub294 \ub2e4\uc591\ud55c \uba54\ucee4\ub2c8\uc998\uc73c\ub85c \ud22c\uc790\uc790\uae08 \uc870\ub2ec \uc7a5\ubcbd\uc744 \ub0ae\ucdb0 \ud22c\uc790\uc790\ub4e4\uc5d0\uac8c \ub354 \ub098\uc740 \ubca4\ucc98 \uae30\uc220\uc744 \uc81c\uacf5\ud560 \uc218 \uc788\ub2e4. \uc774\ubfd0\ub9cc \uc544\ub2c8\ub77c \uc804\ud1b5\uc801\uc778 \uc8fc\uc2dd \uc2dc\uc7a5\uc744 \ub118\uc5b4 \uc218\uc775 \uae30\ubc18 \uc790\uae08 \uc870\ub2ec, \ud0c4\uc18c\ubc30\ucd9c\uad8c, \uc0c1\uc5c5\uc801 \uc218\uc775\uc73c\ub85c \ud655\ubcf4\ud55c \ubca4\ucc98 \ubd80\ucc44\uc640 \uac19\uc740 \ub2e4\uc591\ud55c \ud22c\uc790 \uc218\ub2e8\uc73c\ub85c \ub525\ud14c\ud06c \ubca4\ucc98\uc758 \uc790\uae08 \uc870\ub2ec \uc7a5\ubcbd\uc744 \uadf9\ubcf5\ud560 \uc218\ub3c4 \uc788\ub2e4.<\/p>\n<p>&nbsp;<\/p>\n<h5><strong>\uc5ed\uc124 4. \ud22c\uc790\uc790\ubcf8\uc740 \ub9ce\uc9c0\ub9cc, \ud22c\uc790\uc790\uc758 \uc6c0\uc9c1\uc784\uc740 \uc81c\ud55c\uc801\uc774\ub2e4<\/strong><\/h5>\n<p>\uc624\ub298\ub0a0, \ubb34\ub824 1\uc870 9\ucc9c\uc5b5 \ub2ec\ub7ec\ub77c\ub294 \uc804\ub840 \uc5c6\ub294 \uaddc\ubaa8\uc758 \ud22c\uc790\uc790\ubcf8\uc774 \ud22c\uc790\uc218\uc775\uc744 \uafc8\uafb8\uace0 \uc788\uc9c0\ub9cc, \uacfc\uac70\ubcf4\ub2e4 \uc548\uc804\ud55c \uc218\uc775\uc744 \ubcf4\uc7a5\ubc1b\uc744 \uc218 \uc788\ub294 \ud22c\uc790\ucc98\ub294 \uc904\uc5b4\ub4e4\uace0 \uc788\ub2e4. \uc0c1\ub300\uc801\uc73c\ub85c \ub9ac\uc2a4\ud06c\uac00 \uc801\uc740 \uc8fc\uc2dd\uc774\ub098 \ucc44\uad8c\ub9c8\uc800 \uac00\ub729\uc774\ub098 \ub0ae\uc740 \uc218\uc775\ub960\uc774 \uc810\uc810 \ub354 \ub0ae\uc544\uc9c0\uba74\uc11c \ud22c\uc790\uc790\ub4e4\uc744 \ubab0\uc544\ub0b4\uace0 \uc788\ub2e4. \ucd5c\uadfc \ub4e4\uc5b4 \uae09\uc99d\ud558\ub294 \uae30\uc5c5\uc778\uc218\ubaa9\uc801\ud68c\uc0ac(SPAC) \ubd90\uc740 \uc774\ub7ec\ud55c \ubb38\uc81c\uc758 \uc2dc\uae09\uc131\uc744 \ub4dc\ub7ec\ub0b8\ub2e4.<\/p>\n<p>\ubc14\ub85c \uc774 \uaca9\ucc28\ub97c \uba54\uc6b0\ub294 \ub370 \ub525\ud14c\ud06c \ubca4\ucc98\uac00 \ud65c\uc6a9\ub420 \uc218 \uc788\ub2e4. \uc790\uae08 \uc870\ub2ec \uad6c\uc870\uc640 \ub9ac\uc2a4\ud06c \uad00\ub9ac \uae30\ubc95\uc744 \uc801\uc808\ud788 \uc870\uc815\ud558\uba74, \ub525\ud14c\ud06c\ub294 \ub354 \ub9ce\uc740 \ud22c\uc790\uc790\ub97c \ub9e4\ud639\ud560 \uc218 \uc788\uc744 \uac83\uc774\ub2e4.<\/p>\n<p>\uadf8\ub7ec\ub098 \ub525\ud14c\ud06c \ubca4\ucc98\ub294 \uc5ec\uc804\ud788 \uc790\ubcf8 \uc720\uce58\uc5d0 \uc5b4\ub824\uc6c0\uc744 \uacaa\uace0 \uc788\ub2e4. \ud55c \uc124\ubb38 \uc751\ub2f5\uc790\ub294 &#8220;\uc6b0\ub9ac \ubca4\ucc98\uac00 \uc9c1\uba74\ud55c \uac00\uc7a5 \ud070 \uc5b4\ub824\uc6c0\uc740 \ubc14\ub85c \uc6b0\ub9ac \uae30\uc220\uc774 \uc758\ubbf8\ud558\ub294 \ubc14\uc5d0 \uad00\ud574 \uc774\uc57c\uae30\ud560 \uae30\ud68c\ub97c \uc5bb\ub294 \uac83\uc774\ub2e4.&#8221;\ub77c\uace0 \ub9d0\ud588\ub2e4. \ud22c\uc790\uc81c\uc548\uc11c\ub294 \ub17c\ubb38\uc774 \uc544\ub2d8\uc5d0\ub3c4 \ub525\ud14c\ud06c \ubd84\uc57c\uc758 \ub9ce\uc740 \uacfc\ud559\uc790\uac00 VC \uc138\uacc4\uc758 \ubb38\ubc95\uc744 \uc774\ud574\ud558\uc9c0 \ubabb\ud55c\ub2e4. \uc624\uc9c1 \uc99d\uac70\uc5d0 \uae30\ubc18\ud55c \ud655\uc2e4\uc131\uc5d0\ub9cc \ucd08\uc810\uc744 \ub9de\ucd94\ub290\ub77c \uc2dc\uc7a5\uc5d0\uc11c\uc758 \uc131\uacf5 \uac00\ub2a5\uc131\uc744 \uc81c\ub300\ub85c \uac15\uc870\ud558\uc9c0 \ubabb\ud558\ub294 \uacbd\uc6b0\uac00 \ub9ce\ub2e4. \ub610\ud55c \ucd5c\uc885\uc801\uc778 \uc801\uc6a9\uc0ac\ub840\ub098 \ube44\uc988\ub2c8\uc2a4 \uc7a0\uc7ac\ub825\uc5d0 \uad00\ud55c \uc774\uc57c\uae30\ubcf4\ub2e4\ub294 \ubcf5\uc7a1\ud55c \uacfc\ud559\uc801, \uae30\uc220\uc801 \ud2b9\uc9d5\uc5d0 \uad00\ud574\uc11c\ub9cc \uc124\uba85\ud558\ub824 \ud55c\ub2e4.<\/p>\n<p>\ubbf8\uad6d \uc2a4\ud0c0\ud2b8\uc5c5 VC \ud504\ub77c\uc784 <strong>\ubb34\ubc84\uc2a4 \ub7a9(Prime Movers Lab)<\/strong>\uc758 \uc124\ub9bd\uc790 <strong>\ub2e4\ud0a8 \uc2ac\ub85c\uc2a4(Dakin Sloss)<\/strong>\ub294 &#8220;\ub525\ud14c\ud06c\ub294 \uc2dc\uac04\uc774 \uc624\ub798 \uac78\ub9ac\uace0, \uc790\ubcf8 \uc9d1\uc57d\uc801\uc774\uba70, \ub9ac\uc2a4\ud06c\uac00 \ud06c\ub2e4\ub294 3\uac00\uc9c0 \ud070 \uc624\ud574\ub97c \uac16\uace0 \uc788\ub2e4.&#8221;\ub77c\uace0 \ub9d0\ud55c\ub2e4. \uc774\ub7ec\ud55c \uc624\ud574\ub97c \ud480\uae30 \uc704\ud574\uc11c\ub294 \ub525\ud14c\ud06c\uc5d0 \uad00\ud55c \uc815\ud655\ud55c \ub0b4\ub7ec\ud2f0\ube0c\ub97c \uc7ac\uad6c\uc131\ud558\uc5ec, \ubca4\ucc98 \uae30\uc5c5\ubd80\ud130 VC \ubc0f \uc0ac\ubaa8\ud380\ub4dc\uae4c\uc9c0 \ud22c\uc790 \uc0dd\ud0dc\uacc4 \uc804\ubc18\uc5d0 \uba85\ud655\ud558\uac8c \uc804\ub2ec\ud574\uc57c \ud55c\ub2e4. \ud22c\uc790\uc790\ub4e4\uc740 \ud22c\uc790 \uc0dd\ud0dc\uacc4\uc5d0\uc11c \uacfc\uc18c\ud3c9\uac00\ub41c LP\uc5d0 \uad00\ud55c \ub0b4\ub7ec\ud2f0\ube0c\ub97c \uad6c\uc131\ud574\uc57c \ud55c\ub2e4.<\/p>\n<p>\ub525\ud14c\ud06c \ub0b4\ub7ec\ud2f0\ube0c\uc5d0\ub294 \ub2e4\uc74c\uacfc \uac19\uc740 3\uac00\uc9c0 \ud575\uc2ec \uba54\uc2dc\uc9c0\uac00 \ubc18\ub4dc\uc2dc \ud3ec\ud568\ub418\uc5b4\uc57c \ud55c\ub2e4.<\/p>\n<ul>\n<li><strong>\ub9ac\uc2a4\ud06c\uac00 \ud06c\uc9c0\ub9cc, \ud6a8\uacfc\uc801\uc778 \uad00\ub9ac\uac00 \uac00\ub2a5\ud558\ub2e4.<\/strong> \uc774\ub294 \ubb38\uc81c \uc9c0\ud5a5\uc801 \ub9c8\uc778\ub4dc, DtV \/ DtC \ubc29\uc2dd, DBTL \uc8fc\uae30\uc758 \uac00\uc18d\ud654, IP \ubcf4\ud638 \ub4f1\uc758 \uc804\ub7b5\uc73c\ub85c \ud574\uacb0\ud560 \uc218 \uc788\ub2e4.<\/li>\n<li><strong>\ud3c9\uade0 \ucd08\uae30 \ud22c\uc790 \ube44\uc6a9\uc774 \ud06c\uc9c0\ub9cc, \uc2dc\uac04\uc774 \uc9c0\ub098\uba74\uc11c \ube44\uc6a9\uc774 \uc870\uc815\ub420 \uc218 \uc788\ub2e4.<\/strong> \uc774\ub54c \ud22c\uc790 \ud0c0\uc784\ub77c\uc778\uacfc \uc804\ubc18\uc801\uc778 \uc790\uae08 \ud544\uc694\ub3c4\ub97c \ubc18\ub4dc\uc2dc \uace0\ub824\ud574\uc57c \ud55c\ub2e4. \ub525\ud14c\ud06c \ubca4\ucc98\ub294 \ud3c9\uade0\uc801\uc73c\ub85c \ucd08\uae30\uc5d0 \ud070 \uc790\uae08\uc744 \ud544\uc694\ub85c \ud558\uc9c0\ub9cc, \uc774\ud6c4 \ube44\uc6a9\uc740 \uc0c1\ub300\uc801\uc73c\ub85c \ud1b5\uc81c \uac00\ub2a5 \ubc94\uc704 \uc548\uc5d0 \uc788\ub2e4. \uc774\ub294 \ud2b9\ud788 \uacbd\uc7c1\uae30\uc5c5\uc744 \uc81c\uce58\uae30 \uc704\ud55c \uc2f8\uc6c0\uc774\ub098 \uc2dc\uc7a5 \uc810\uc720\ub97c \uc704\ud574 \ucd94\uac00\uc801\uc778 \uc790\uae08 \uc870\ub2ec\uc774 \ud544\uc694\ud55c \ub514\uc9c0\ud138 \ubc0f SaaS \ubca4\ucc98\uc640 \ube44\uad50\ud588\uc744 \ub54c \ub3c4\ub4dc\ub77c\uc9c4\ub2e4. \ub525\ud14c\ud06c \ubca4\ucc98\uac00 \ucc98\uc74c \uc0c1\uc5c5\uc801 \uc218\uc775\uc744 \ub2ec\uc131\ud558\uba74, \uc9c0\ubd84 \ud76c\uc11d \ubc29\uc9c0 \uc870\ud56d\uc744 \ub354\ud574 \ud22c\uc790 \ubc29\ud5a5\uc744 \uc804\ud658\ud560 \uc218\ub3c4 \uc788\ub2e4. (\uc790\ub8cc 5 \ucc38\uc870)<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-4173\" src=\"https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-5-KR.png\" alt=\"\ubcf4\uae30 5 | \ub525\ud14c\ud06c \ubca4\ucc98\ub294 \ub514\uc9c0\ud138 \ubca4\ucc98 \ub300\ube44 \ud3c9\uade0 \ucd08\uae30 \ud22c\uc790 \ube44\uc6a9\uc774 \ud06c\uc9c0\ub9cc, \uc7a5\uae30\uc801\uc73c\ub85c\ub294 \ub354 \uc800\ub834\ud55c \ube44\uc6a9\uc774 \ud22c\uc785\ub41c\ub2e4\" width=\"1280\" height=\"720\" title=\"\" srcset=\"https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-5-KR.png 1280w, https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-5-KR-300x169.png 300w, https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-5-KR-1024x576.png 1024w, https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-5-KR-768x432.png 768w, https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-5-KR-696x392.png 696w, https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-5-KR-1068x601.png 1068w, https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-5-KR-747x420.png 747w\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\" \/><\/p>\n<ul>\n<li><strong>\ub525\ud14c\ud06c\ub294 \uc774\ubbf8 \uc778\uc0c1\uc801\uc778 \uc2e4\uc801\uc744 \ubcf4\uc720\ud558\uace0 \uc788\ub2e4.<\/strong> \ub525\ud14c\ud06c \ubca4\ucc98\uc758 \uc131\uacf5 \uc0ac\ub840\uac00 \uc81c\ub300\ub85c \uacf5\uc720\ub418\uc9c0 \uc54a\uace0 \uc788\ub2e4\ub294 \uc0ac\uc2e4\uc774 \uac00\uc7a5 \uc911\uc694\ud558\ub2e4. (\uc790\ub8cc 6 \ucc38\uc870) \ub530\ub77c\uc11c \uc2e4\uc801 \uadf8 \uc790\uccb4\ubcf4\ub2e4\ub294 \uc5b4\ub5bb\uac8c \ud558\uba74 \ubca4\ucc98 \uc0ac\uc5c5\uc744 \ub354 \ub110\ub9ac \ud64d\ubcf4\ud560 \uc218 \uc788\ub294\uc9c0\uac00 \uad00\uac74\uc774\ub77c\uace0 \ubcfc \uc218 \uc788\ub2e4. \ud55c\ub54c\ub294 \uc6b0\ubc84(Uber)\ub098 \ub51c\ub9ac\ubc84\ub8e8(Deliveroo)\uc640 \uac19\uc740 \ubaa8\ube4c\ub9ac\ud2f0 \uae30\uc5c5\uc744 \uc774\uc744 \ucc28\uc138\ub300 \ubca4\ucc98\uc5d0 \uad00\uc2ec\uc774 \uc9d1\uc911\ub418\uc5c8\ub2e4\uba74, \ucd5c\uadfc\uc5d0\ub294 \uc218\uc5b5 \ub2ec\ub7ec\uc758 \uc2a4\ub9c8\ud2b8\uba38\ub2c8(smart money)\uac00 \ub525\ud14c\ud06c\uc5d0 \uc720\uc785\ub418\uace0 \uc788\ub2e4(\ub2e4\ub9cc \uad00\uc2ec\ub3c4\ub294 \ub0ae\ub2e4). \uadf8\ub7ec\ud55c \uc790\ubcf8\uc740 \uc544\ubb34\ub3c4 \ubaa8\ub974\uac8c \uc720\ub2c8\ucf58 \uae30\uc5c5\uc744 \ub9cc\ub4e4\uace0, \uc885\uad6d\uc5d0\ub294 \uae30\uc5c5\uc758 \uc131\uacf5\uacfc \uae30\uc5c5\uacf5\uac1c(IPO)\ub85c \uc774\uc5b4\uc9c4\ub2e4. \ud478\ub4dc\ud14c\ud06c VC \ud53c\ud504\ud2f0 \uc774\uc5b4\uc2a4(Fifty Years)\uc5d0 \uc758\ud558\uba74 \ud604\uc7ac \ub525\ud14c\ud06c \ubca4\ucc98 \uae30\uc5c5\uc758 \ud3ec\ud2b8\ud3f4\ub9ac\uc624\uc0c1 \uc8fc\uc8fc\uac00\uce58\ub294 30\uc5b5 \ub2ec\ub7ec\ub97c \ub118\uc5b4\uc130\uc73c\uba70, \ucd5c\uc18c 8\uac1c \uae30\uc5c5\uc774 1\uc5b5 \ub2ec\ub7ec \uc774\uc0c1\uc758 \uac00\uce58\ub97c \ubcf4\uc720\ud558\uace0 \uc788\ub2e4\uace0 \ubc1d\ud600\uc84c\ub2e4.<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-4174\" src=\"https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-6-KR.jpg\" alt=\"\ubcf4\uae30 6 | \ub525\ud14c\ud06c \ud22c\uc790 \uc131\uacf5 \uc0ac\ub840\" width=\"1280\" height=\"720\" title=\"\" srcset=\"https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-6-KR.jpg 1280w, https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-6-KR-300x169.jpg 300w, https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-6-KR-1024x576.jpg 1024w, https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-6-KR-768x432.jpg 768w, https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-6-KR-696x392.jpg 696w, https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-6-KR-1068x601.jpg 1068w, https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-6-KR-747x420.jpg 747w\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h3><strong>\ub525\ud14c\ud06c \ubca4\ucc98\uac00 \uc9c0\ub2cc \uae30\ud68c<\/strong><\/h3>\n<p>\ub525\ud14c\ud06c \ud22c\uc790\ub294 \ud604\uc7ac \ub9e4\uc6b0 \uc911\uc694\ud55c \uae30\uc810\uc5d0 \ub193\uc5ec\uc788\ub2e4. \uc7a0\uc7ac\uc801\uc778 \uc131\uc7a5 \uac00\uce58\uc640 \ube44\uad50\ud558\uba74 \ud604\uc7ac \uc2dc\uc7a5\uc5d0\uc11c\uc758 \uac00\uce58\ub294 \ud3c9\uac00\uc808\ud558\ub418\uc5b4 \uc788\ub294 \ud3b8\uc774\ub2e4. \ud2b9\ud788 \ubbf8\uad6d \uc678 \uc9c0\uc5ed\uc5d0\uc11c\ub294 \ub525\ud14c\ud06c \ubca4\ucc98\uac00 \uc720\ub2c8\ucf58 \uae30\uc5c5 \uc704\uc8fc\uc758 \ub514\uc9c0\ud138 \uc138\uacc4\uc5d0\uc11c \uadf8\ub9cc\ud07c\uc758 \uc8fc\ubaa9\uc744 \ubc1b\ub294 \uc0c1\ud669\uc740 \uc544\ub2c8\uae30 \ub54c\ubb38\uc5d0 \uaca9\ucc28\uac00 \ub354\uc6b1 \ud06c\ub2e4. \ud604\uc7ac\uc758 \uc800\ub834\ud55c \uac00\uce58, \uc55e\uc73c\ub85c\uc758 \uc131\uc7a5 \uc18d\ub3c4\ub97c \uace0\ub824\ud560 \ub54c \uc774\ub294 VC \ubc0f \ucd08\uae30 \ud22c\uc790\uc790\ub4e4\uc5d0\uac8c \ud070 \uae30\ud68c\uac00 \ub420 \uc218 \uc788\ub2e4.<\/p>\n<p>\ud604 \ucd94\uc138\uac00 \uacc4\uc18d\ub41c\ub2e4\uba74 \ub525\ud14c\ud06c \ud22c\uc790\uc561\uc740 2025\ub144 \uc57d 1,400\uc5b5 \ub2ec\ub7ec\uae4c\uc9c0 \uc99d\uac00\ud560 \uac83\uc73c\ub85c \uc608\uc0c1\ub41c\ub2e4. \uadf8\ub7ec\ub098 \uc55e\uc11c \uc5b8\uae09\ud588\ub4ef\uc774 \ud22c\uc790\uc790\ub97c \uc704\ud55c \uc0c8\ub85c\uc6b4 \ub0b4\ub7ec\ud2f0\ube0c, \ud22c\uc790\uc790 \ubc0f \ub525\ud14c\ud06c \uae30\uc5c5\uac00\ub97c \uc704\ud55c \uc0c8\ub85c\uc6b4 \uae30\ud68c, \uae30\uc5c5 \ubc0f \ud22c\uc790\uc790 \uc0dd\ud0dc\uacc4, \uc9c4\ud654\ud55c \uc790\uae08 \uc870\ub2ec \uad6c\uc870, \ub9ac\uc2a4\ud06c \uad00\ub9ac \uae30\ubc95, \ub525\ud14c\ud06c\uc5d0 \uc6b0\ud638\uc801\uc778 \ub9c8\uc778\ub4dc\uac00 \ub4b7\ubc1b\uce68\ub418\uc5b4 \uc0c8\ub85c\uc6b4 \ud22c\uc790 \ubaa8\ub378\uacfc \uc0dd\ud0dc\uacc4\uac00 \uad6c\ucd95\ub41c\ub2e4\uba74 \ud22c\uc790\uc561\uc740 2,000\uc5b5 \ub2ec\ub7ec\ub97c \ub118\uae38 \uc218 \uc788\uc744 \uac83\uc73c\ub85c \uc608\uc0c1\ub41c\ub2e4. (\ubcf4\uae30 7 \ucc38\uc870)<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-4175\" src=\"https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-7-KR.png\" alt=\"\ubcf4\uae30 7 | \ub525\ud14c\ud06c \ud22c\uc790\uc561\uc740 2025\ub144\uae4c\uc9c0 \ub450\uc138 \ubc30 \uac00\uae4c\uc774 \uc99d\uac00\ud560 \uac00\ub2a5\uc131\uc774 \ub192\ub2e4\" width=\"1280\" height=\"720\" title=\"\" srcset=\"https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-7-KR.png 1280w, https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-7-KR-300x169.png 300w, https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-7-KR-1024x576.png 1024w, https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-7-KR-768x432.png 768w, https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-7-KR-696x392.png 696w, https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-7-KR-1068x601.png 1068w, https:\/\/bcgblog.kr\/wp-content\/uploads\/2021\/07\/Chart-7-KR-747x420.png 747w\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\" \/><\/p>\n<p>\uc778\ub958\ub294 \ud68d\uae30\uc801\uc778 \ubcc0\ud654\ub97c \ub9de\uc774\ud558\uace0 \uc788\ub2e4. \ub525\ud14c\ud06c \ubca4\ucc98\ub294 \uc0ac\ud68c\ub97c \uc0c8\ub85c\uc6b4 \ucc28\uc6d0\uc758 \ube44\ud2b8 \ubc0f \uc6d0\uc790 \uae30\ubc18\uc73c\ub85c \uc774\ub04c\uace0 \uc788\ub2e4. \ub525\ud14c\ud06c\ub294 \uc544\uc9c1 \ud0dc\ub3d9\uc758 \uc2dc\uae30\ub97c \uac70\uce58\uace0 \uc788\uc73c\uba70, \uc5b4\ub290 \uc815\ub3c4\uc758 \uaddc\ubaa8\uc640 \ud615\ud0dc\ub85c \ud601\uc2e0\uc758 \ubb3c\uacb0\uc774 \ub2e4\uac00\uc62c\uc9c0\ub294 \uc544\ubb34\ub3c4 \ubaa8\ub978\ub2e4. \ub2e4\ub9cc \uadf8 \ubb3c\uacb0\uc774 \ubc14\ub85c \ucf54\uc55e\uc5d0 \uc788\ub2e4\ub294 \uc0ac\uc2e4\uc740 \uc54c \uc218 \uc788\ub2e4. \uc6b0\ub9ac\ub294 \ubaa8\ub450 \ud22c\uc790 \uc0dd\ud0dc\uacc4\uc758 \uc7a5\uc560\ubb3c\uc744 \uc81c\uac70\ud558\uace0 \ub9ac\uc2a4\ud06c\ub97c \uad00\ub9ac\ud558\uc5ec, \ub525\ud14c\ud06c\uac00 \uc9c0\ub2cc \uac70\ub300\ud55c \ud601\uc2e0\uc758 \ud798\uc744 \uc774\ub8e8\uc5b4\ub0b4\uc57c \ud560 \uc7ac\ubb34\uc801, \ub3c4\ub355\uc801 \uc758\ubb34\ub97c \uc9c0\uace0 \uc788\ub2e4.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/www.bcg.com\/publications\/2021\/overcoming-challenges-investing-in-digital-technology\" target=\"_blank\" rel=\"noopener\">\uc6d0\ubb38(\uc601\uc5b4) \ubcf4\ub7ec\uac00\uae30<\/a><\/p>\n<p><a href=\"\/newsletter\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-2753\" src=\"https:\/\/bcgblog.kr\/wp-content\/uploads\/2020\/10\/BCG\ub274\uc2a4\ub808\ud130\uad6c\ub3c5\ud558\uae30\ucd08\ub85d\ubc30\uacbd.png\" alt=\"\ub274\uc2a4\ub808\ud130 \uad6c\ub3c5\ud558\uae30\" width=\"180\" height=\"50\" title=\"\"><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\ub525\ud14c\ud06c \ud22c\uc790\uc758 \uc131\uacf5 \uac00\ub2a5\uc131\uc774\ub098 \uc218\uc775, \uc18c\uc694\ub418\ub294 \uc2dc\uac04\uc740 \uc815\ud574\uc9c4 \uac83\uc774 \uc5c6\ub2e4. \uadf8\ub7ec\ub098 \ub525\ud14c\ud06c \ubca4\ucc98\ub294 \uc608\uc0c1\ubcf4\ub2e4 \ub354 \ube60\ub974\uac8c \ubc1c\uc804\ud558\uace0 \uc788\uace0, \ud22c\uc790 \uc790\ubcf8\uc740 \ub180\ub77c\uc6b4 \uc131\uacfc\ub97c \ub0b4\uace0 \uc788\ub2e4. \u2018\ub525\ud14c\ud06c\u2019 \ud601\uc2e0\uc740 \uc544\uc9c1 \ucd08\uae30 \ub2e8\uacc4\uc9c0\ub9cc, \uadf8 \ud30c\uae09\ub825\uc740 \uad49\uc7a5\ud560 \uac83\uc73c\ub85c \ubcf4\uc778\ub2e4.<\/p>\n","protected":false},"author":1,"featured_media":4176,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[36,24,32],"tags":[119,124,125,123,121,120,122],"class_list":{"0":"post-4168","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tmt","8":"category-bcgx_digital_ai","9":"category-industry","10":"tag-119","11":"tag-124","12":"tag-125","13":"tag-123","14":"tag-121","15":"tag-120","16":"tag-122"},"_links":{"self":[{"href":"https:\/\/bcgblog.kr\/wp-json\/wp\/v2\/posts\/4168","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bcgblog.kr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bcgblog.kr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bcgblog.kr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bcgblog.kr\/wp-json\/wp\/v2\/comments?post=4168"}],"version-history":[{"count":10,"href":"https:\/\/bcgblog.kr\/wp-json\/wp\/v2\/posts\/4168\/revisions"}],"predecessor-version":[{"id":4187,"href":"https:\/\/bcgblog.kr\/wp-json\/wp\/v2\/posts\/4168\/revisions\/4187"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bcgblog.kr\/wp-json\/wp\/v2\/media\/4176"}],"wp:attachment":[{"href":"https:\/\/bcgblog.kr\/wp-json\/wp\/v2\/media?parent=4168"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bcgblog.kr\/wp-json\/wp\/v2\/categories?post=4168"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bcgblog.kr\/wp-json\/wp\/v2\/tags?post=4168"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}