Exophase said:Neko said:The US government does this too (eg: Tesla Motors). Usually it's in the form of a loan or tax break, but either way the government takes the loss if the company goes bankrupt.
A loan or a tax break is not the same thing as a grant.
Oh, the US govt gives grants too. http://www.engadget.com/2009/08/05/vice-president-biden-announces-2-4-billion-in-battery-related-g/
Whether this is a good thing is debatable, I'm just pointing out that it happens in a lot of places besides South Korea.
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