Operational aspects of support programmes for the digital transformation of exporting small and medium-sized enterprises in the Republic of Korea

Dong-Hee Joe

Documentos de Proyectos from Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL)

Abstract: Because international trade is essential for the Republic of Korea’s economic growth and development, the government actively promotes exports by large companies and especially by small and medium-sized enterprises (SMEs). Several programmes support participation by SMEs in cross-border e-commerce, which may have contributed to their rapidly rising exports through this channel. This report reviews selected programmes implemented by the Korea SMEs and Startups Agency (KOSME) and the Korea Trade-Investment Promotion Agency (KOTRA). To maximize the programmes’ impact, KOSME and KOTRA apply a circular process of assigning the required budget, selecting the most promising SMEs, coordinating with private sector stakeholders, and evaluating results. This document reviews each of these aspects in detail for a selection of the programmes.

Date: 2024-01-26
New Economics Papers: this item is included in nep-ent, nep-int and nep-sbm
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Persistent link: https://EconPapers.repec.org/RePEc:ecr:col022:68862

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