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∙ Current position: Academy of Finland Postdoctoral Researcher, Social and Cultural Anthropology, University of Helsinki
∙ Ph.D. dissertation Neighborhood Shopkeepers in Contemporary South Korea: Household, Work, and Locality available online (E-Thesis publications a the University of Helsinki). For printed copies, please contact me by e-mail.
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Wednesday, June 02, 2004

Venture boom (that went)

In a post couple of days ago about highly educated people with white-collar work experience seeking to make their living with street trading, there was someone selling 1000 won mandu (dumplings) who once had worked in a venture (pench'ô / bencheo) business. It was kind of a telling example of what happened to the venture hype. (Had it been pungôppang/pungeobbang instead of mandu, the contrast to venture business would have been even more poignant.)


Fish-shaped pastry pungôppang.

Some time ago I did a newspaper article search in KINDS about the appearance of the word venture (벤처), limiting the search only on Chosun Ilbo. It gives some idea of the "venture business" excitement a few years ago. Note that some of the appearances of the term do not refer to "venture business."

The number of appearances of the word "venture" (벤처) in Chosun Ilbo
1994 26
199571
1996 144
1997 331
1998 340
1999 874
2000 1851
2001 915
2002 843
2003 494
2004 1/4 86


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