Interpretation of the Government SME Support Policy Changes in South Korean and the Revelation to China

Dianhua WANG, Douxuan HUANG

Abstract


Since the 1950s, South Korean small and medium enterprises has grown rapidly, the Korean economy status has improved. This is mainly due to the Korean government’s growing recognition of the importance of SMEs for a half a century. The government passed legislation to establish a series of guidelines which is designed to promote SME development policy. Due to financial crisis, the Korean government adjusted policies to foster SMEs, the Korean government’s policy adjustments based on the lessons of the financial crisis and their own national conditions as a starting point. This paper analyzes the interpretation of the South Korean government SME support policy changes, revealing the South Korean government support policies for SMEs to adjust to China’s revelation.

Key words: South Korea; SMEs; Support policies; Risk financing.

Résumé: Depuis les années 1950, le développement des PME très rapidement le statut hausse dans l’économie coréenne. Ceci est principalement dû à un demi-siècle, le gouvernement sud-coréen sur la compréhension de l’importance des PME est de plus en plus complets et l’approfondissement de la législation du gouvernement, il établit les principes et les politiques visant à promouvoir le développement des entreprises petites et moyennes entreprises, le développement des PME en Corée pouvoir. Après la crise financière, le gouvernement coréen pour ajuster les politiques de soutien pour les PME, l’ajustement des politiques du gouvernement coréen est basé sur les leçons de la crise financière et les conditions nationales comme point de départ. Cet article analyse l’interprétation des ajustements des PME sud-coréennes d’appui aux politiques gouvernementales, et révèle la révélation des ajustements des PME sud-coréennes d’appui aux politiques gouvernementales.

Mots clés: La Corée du sud; les PME; Les politiques de soutien; Le financement des risques.


Keywords


South Korea; SMEs; Support policies; Risk financing



DOI: http://dx.doi.org/10.3968/j.ccc.1923670020120801.743

Refbacks

  • There are currently no refbacks.


Copyright (c) 2012 Dianhua WANG, Douxuan HUANG

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.


Share us to:   


Reminder

  • How to do online submission to another Journal?
  • If you have already registered in Journal A, then how can you submit another article to Journal B? It takes two steps to make it happen:

1. Register yourself in Journal B as an Author

  • Find the journal you want to submit to in CATEGORIES, click on “VIEW JOURNAL”, “Online Submissions”, “GO TO LOGIN” and “Edit My Profile”. Check “Author” on the “Edit Profile” page, then “Save”.

2. Submission

Online Submission: http://cscanada.org/index.php/ccc/submission/wizard

  • Go to “User Home”, and click on “Author” under the name of Journal B. You may start a New Submission by clicking on “CLICK HERE”.
  • We only use four mailboxes as follows to deal with issues about paper acceptance, payment and submission of electronic versions of our journals to databases: caooc@hotmail.com; office@cscanada.net; ccc@cscanada.net; ccc@cscanada.org

 Articles published in Cross-Cultural Communication are licensed under Creative Commons Attribution 4.0 (CC-BY).

 CROSS-CULTURAL COMMUNICATION Editorial Office

Address: 1055 Rue Lucien-L'Allier, Unit #772, Montreal, QC H3G 3C4, Canada.
Telephone: 1-514-558 6138 
Website: Http://www.cscanada.net; Http://www.cscanada.org 
E-mail:caooc@hotmail.com; office@cscanada.net

Copyright © Canadian Academy of Oriental and Occidental Culture