Based on the study results and numerous published research papers in KAIST, Dr. Min-Hwa Lee established S. Korea鈥檚 first venture company, Medison Co., Ltd. in 1985, which has grown into a global medical equipment company. Through this experience, he promoted and contributed on the establishment of more than 30 medical companies accounting for 70% of S. Korea鈥檚 medical equipment exports.
He played a leading role in founding Korea Venture Business Association in 1995 and announced the Vision 2005. He also paved the way for venture companies to flourish in S. Korea by enacting special law on venture companies, establishing KOSDAQ, and initiating various venture policies including stock opti...
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