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Small and medium enterprises legal system

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Frame of Image ea Legislation Research Institute, Senior K Researcher Byoung Youn Kim, Konkuk University School of Law, Professor Seoung Je Seong, Korea Legislation Research Institute, Senior Researcher Soo Jung Choi, Korea Legislation Research Institute, Co-Researcher Nam Woo Kim, Younsei University, Researcher Jong Ho Chung, Konkuk University, Researcher
Advisory Research Management	 Supported by	
Kwan Hun Kwak, Sunmoon University, Professor KDI School of Public Policy and Management 	 Ministry of Strategy and Finance (MOSF), Republic of Korea
Government Publications Registration Number 11-7003625-000042-01 ISBN 979-11-5545-061-1 94320 ISBN 979-11-5545-032-1 [SET 42] Copyright © 2013 by Ministry of Strategy and Finance, Republic of Korea
Government Publications Registration Number 11-7003625-000042-01
Knowledge Sharing Program
2012 Modularization of Korea’s Development Experience
Small and Medium Enterprises Legal System
KORE A LEGISLATION RESEARCH INSTITUTE
Preface
The study of Korea’s economic and social transformation offers a unique opportunity to better understand the factors that drive development. Within one generation, Korea has transformed itself from a poor agrarian society to a modern industrial nation, a feat never seen before. What makes Korea’s experience so unique is that its rapid economic development was relatively broad-based, meaning that the fruits of Korea’s rapid growth were shared by many. The challenge of course is unlocking the secrets behind Korea’s rapid and bro


Full Text
Title Small and medium enterprises legal system
Similar Titles
Project Category Development Cases
Material Type Reports
Author(English)

Park, Kwang Dong; Kim, Byoung Youn; Seong, Seoung Je; Choi, Soo Jung; Kim, Nam Woo; Chung, Jong Ho

Publisher

Seoul:KDI School of Public Policy and Management

Date 2013
Project Development Cases
Series Title; No Knowledge Sharing Program: KSP Modularization
ISBN 979-11-5545-061-1 94320; 979-11-5545-032-1 [SET 42]
Pages 86
Subject Country South Korea(Asia and Pacific)
Language English
File Type Documents
Original Format pdf
Subject Industry and Technology < Entrepreneurship
Holding KDI School of Public Policy and Management
Supervisor KDI School of Public Policy and Management
Organizer Ministry of Government Legislation(Republic of Korea); Korea Legislation Research Institute
Sponsor Ministry of Strategy and Finance(Republic of Korea)
Project Term 2012-01-01 ~ 2012-12-31

Abstract

The development of the Small and Medium Enterprises (‘SMEs’) is vital in terms of elevating competitiveness through fostering individual entrepreneurs in the domestic economy. The SMEs, particularly in the labor-intensive or capital-intensive industries, can successfully grow under constant affiliation with dominant large corporations. From the perspective of the national economy, overall corporate activities can function to obtain the results of high value-added industry in the field of venture. In this regard, the role of the SMEs in the national economy should not be neglected relative to large enterprises. Nevertheless, less stable financial conditions and the unpredictability of business activities in long-term make the SMEs inferior to large companies.
On the other hand, the SMEs serve a central role especially in the business of supplying raw materials; contribute to developing local economies; and improve exporting in the developing countries. Many SMEs in the market can inspire would-be entrepreneurs.(The rest omitted)

User Note

Government Publications Registration Number 11-7003625-000042-01