South Korea’s New Message for Entrepreneurs

By Gabrielle Karol Features FOXBusiness

Visitors look at the artwork "Manifold" by Kohei Nawa before its opening ceremony in Cheonan, south of Seoul June 19, 2013. Measuring about 13m (42 feet) in height and 27 tons in weight, the sculpture took 3 years to fabricate in Chinese and Japanese ... factories, and was installed at the Sculpture Garden in Cheonan in June 2013. REUTERS/Kim Hong-Ji (SOUTH KOREA - Tags: SOCIETY TPX IMAGES OF THE DAY) - RTX10T1N (Reuters)

In an attempt to encourage entrepreneurship, South Korea adopts a new tone aimed at startup founders. And explores what happens when brand partnerships backfire.

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Go ahead, innovate: The New York Times reports the F.T.C. is planning an inquiry over frivolous patent suits, which some argue stifles innovation.

South Korea’s new message: South Korea tries to shake up its traditional culture with a new message for entrepreneurs: it’s OK to fail.

When relationships sour: takes a look at how brand partnerships can be counterproductive.

It’s all in the family: Businessweek examines how family businesses sabotage themselves.

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