Blocked in Business, South Korean Women Start Their Own

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Blocked in Business, South Korean Women Start Their Own
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'I thought I would not have a future as a woman at a more traditional company. I thought I would not get a top position, so I had to go out and start my own business, sooner rather than later.' Via nytimes womensempowerment

Park Hye-rin, the founder of Energy Nomad in South Korea, with one of her employees, all of whom are older men., South Korea — At first glance, Energy Nomad appears to be a typical South Korean company: Just about everybody who works there is male.

Ms. Park is one of a new wave of Korean women who are starting their own companies. Frustrated in their climb up the corporate ladder in a male-dominated business culture, they choose to find“In education we are equal to men, but after we enter into the traditional companies, they underestimate and undervalue women,” said, principal at the venture-capital firm Altos Ventures in Seoul. “Women are disappointed with the working culture, so they want to make their own companies.

The trend could reshape a corporate world where discrimination against women is deeply entrenched. South Korea has been a marvel of economic progress over the past 50 years, transforming from one of the world’s poorest countries into an industrial powerhouse famous for its microchips and smartphones. But notions of women’s role in society have changed slowly, often trapping them in poorly paid jobs with little chance of advancement.

But she felt unappreciated within Samsung’s bureaucracy. Though Ms. Kim never faced overt discrimination there, she said, she also knew she would eventually smack into a very low glass ceiling.

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