South Korea: President Lee vows support for youths in launching startups.

Section: General News - President Lee Myung-bak vowed Monday to provide more institutional support for younger people here seeking to launch their own startups in the knowledge-based sector, saying he hopes that South Korea will produce world-renowned business leaders like Mark Zuckerberg, an American computer scientist who founded the social networking service Facebook.

"Mark Zuckerberg launched Facebook at the age of 20 and nurtured it into a globally renowned social networking service. To nurture such pioneers in Korea, the government will create an open environment where young people can take on new challenges," Lee said in his biweekly radio address.

South Korea …