This case study examines the origin, aims, execution, and achievement of the Small and Medium Enterprises (SMEs) Training Consortium Program in Korea. This Korean government program, which took place from 1990 to 2003, successfully addressed issues of low productivity and unemployment in the SME sector.
In the mid-1990s and in the aftermath of the 1998 Asian financial crisis, Korea’s enterprise sector was badly affected by high unemployment and low productivity of industrial workers. This caused a sharp deterioration in the quality of life of many workers, as well as generally low global competitiveness of Korean enterprises. Mass unemployment drew government attention to the issue of poverty and the importance of protecting and creating jobs by enhancing the skills and productivity of industrial workers.
- Training levy-rebate incentive scheme and SME training consortium program to address unemployment and low productivity in SMEs
- Lee, Kye Woo; Sahu, Dipan Kumar
- Global Delivery Initiative; KDI School
Training levy-rebate incentive scheme and SME training consortium program to address unemployment and low productivity in SMEs
A Korean policy case
Global Delivery Initiative; KDI School
|Series Title; No||Global Delivery Initiative|
|Subject Country||South Korea(Asia and Pacific)|
|Subject||Industry and Technology < Entrepreneurship
Social Development < Employment
|Holding||Global Delivery Initiative|