Research & Advisory
We study the law, policy and institutions surrounding venture capital and the capital markets. All activity is limited to general policy and institutional research and does not include legal advice or investment advice.
Areas of research
Capital Markets & Venture Investment Law
We study the policy implications and the legislative and reform direction of laws such as the Financial Investment Services and Capital Markets Act and the Venture Investment Promotion Act.
Virtual Assets & STO Regulation
We analyze regulatory trends and institutional design surrounding digital assets, including investor protection for virtual assets and the issuance and trading of security tokens.
Venture Market & Policy Finance
We diagnose the structure and capital flows of the venture-capital market — venture funds, the fund-of-funds and policy finance — using empirical data, and propose improvements.
Comparative & Overseas Law
We comparatively analyze the venture-capital and capital-market regimes of major jurisdictions to draw implications for reform in Korea.
Forms of research & advisory
We provide various forms of research and advisory according to an organization's needs. All advisory is grounded in general policy and institutional research and does not include legal advice or representation in individual cases, or investment advice.
Commissioned Research
We carry out commissioned policy research for public agencies and research institutions, delivering analytical reports and policy alternatives.
Research-based Advisory
We provide research-based advisory opinions and data analysis for an organization's review of policy and institutions. We do not provide legal determinations, representation or legal opinions on individual cases.
Presentations & Contributions
We share research findings and contribute to policy discussion through seminar and forum presentations and professional writing.
Selected research topics
Representative topics addressed by the Institute. All are approached from the perspective of policy and institutional research, and do not include solicitation to invest in any specific product or the design of investment structures.
Introducing and Activating Public Venture Funds
Research on introducing public-offering venture funds and on recycling venture capital, including the liquidity of LP interests.
Revitalizing the Risk-Capital Cycle
Institutional research on activating risk-capital markets such as KONEX and on improving the exit market.
Blockchain & Digital-Asset Fund Formation
Research on fund formation and regulatory consistency to support investment in the blockchain and virtual-asset sector.
Improving the Crowdfunding Regime
Research on activating securities-based crowdfunding while strengthening investor protection.
Selected research & publications
Selected research and publications by the principal researcher, organized by field. These are research and writing records, not legal or investment advice.
Venture Capital & VC Regulation
- Improving the System for Stable Growth of New-Technology Finance Companies and Venture Financing — Focusing on the U.S. Venture Fund Regulatory System
Credit Finance Association, 2023 - Research on Effective Support Measures for Startup Activation
Korea Institute of Criminal Justice Policy, 2023 (co-author) - European Venture Investment Promotion and Policy Implications
Korea Securities Depository, 2022 - A Review of U.S. Venture Capital Fund Regulation
Korea Venture Investment Corp., 2019
Virtual Assets & Digital Finance
- A Study on the Establishment of Virtual Currency Legislation
Ph.D. Dissertation, Hankuk University of Foreign Studies, 2018 - Virtual Currency Regulation in Major Countries: Status and Implications
Korea Capital Market Institute, 2018
Capital Markets & Financial Law
- Impact of the 4th Industrial Revolution on Capital Markets and Post-Trade Infrastructure
Korea Capital Market Institute, 2017 - Ensuring the Effectiveness of Monetary Sanctions for Equity-Reporting Violations
Korea Capital Market Institute, 2017 - Theory and Practice of Financial Law (book)
Banking Law Society, 2016 (co-author)
These are research and publication records of the principal researcher at each institution; they do not imply endorsement or sponsorship by the publishing organizations.
Important Notice
- The Institute's research materials are general information for academic and policy research and do not constitute investment advice or a solicitation to invest in any specific security or financial product.
- The Institute does not provide legal advice on individual matters.
- Research materials are based on the laws and data available at the time of writing and may change with subsequent amendments to the law or changes in the market.
Research & Advisory Inquiries
If you would like to discuss commissioned research or institutional advisory, please get in touch at any time.
Contact us