Rebuilding scale-up support policies: Toward an integrated framework

Minho Kim

No 151, KDI Focus from Korea Development Institute (KDI)

Abstract: As firms rapidly lose dynamism beyond the early stage, resolving their growth bottlenecks has emerged as a critical policy priority. Empirical analysis shows that successful scale-up is closely tied to R&D investment, AI adoption, and exports in manufacturing, whereas brand strength and design capabilities are key drivers in services. This highlights the limitations of single-track, R&D-centric support and the greater effectiveness of coordinated policy mixes based on firm-specific growth bottlenecks. Achieving this requires pivoting toward a more effective model-one that brings scale-up programs under integrated management and overhauls the performance evaluation framework.

Date: 2026
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:kdifoc:340872

DOI: 10.22740/kdi.focus.e.2026.151

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