The PwC CEO Survey found a high degree of confidence from business leaders about revenue growth. In the Korea, optimism is high, although CEOs in general are concerned about a downturn in major economies, the availability of skilled personnel, over-regulation, energy security, and the protectionist tendencies of national governments, amongst other issues.
Many CEOs in Korea regard technological innovation as their main source of competitive advantage, and over half of them think that joint ventures and strategic alliances will play a greater role in their business over the next three years (compared to 30 percent globally).