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The development and characteristics of micro-enterprise policy in Korea

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  • The development and characteristics of micro-enterprise policy in Korea
  • Hong, Seok-Il
  • Korea Institute for Industrial Economics and Trade


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Title The development and characteristics of micro-enterprise policy in Korea
Similar Titles
Material Type Reports
Author(English)

Hong, Seok-Il

Publisher

[Sejong, South Korea] : Korea Institute for Industrial Economics and Trade

Date 2017-08
Series Title; No KIET industrial economic review / vol. 22(no. 4)
Pages 11
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Economic Administration
Holding Korea Institute for Industrial Economics and Trade
License

Abstract

Many countries recently took a keen interest in job creation and entrepreneurship building. In this regards, micro-enterprise is gaining attention from policymakers. Many of the micro-enterprises are composed of no employees other than self-employed owners. Micro-enterprise can contribute to not only finding the solutions for unemployment but providing the social safety net and promoting regional economy development. Therefore, policymakers push forward MSME (Micro, Small, and Medium Enterprise) policy including micro-enterprise policy into SME policy. United Nations have adopted a new resolution for the 2030 Agenda for Sustainable Development, officially known as ‘Transforming our world: the 2030 Agenda for Sustainable Development’. In this agenda, UN suggested 17 SDGs (Sustainable Development Goals) and 169 targets. (The rest omitted)