Effects of Small Business Support Projects: Evidence from Korea

Jinkook Lee

KDI Journal of Economic Policy, 2020, vol. 42, issue 1, 1-30

Abstract: On average, small business support projects appear to improve beneficiary sales, and the growth effect is obvious when supporting young or growing firms. However, the effect is largely offset by sales reductions due to overcrowding. Small business support projects must be operated in two ways to alleviate the overcrowding of businesses in a few industries and to enhance the overall effectiveness of the support programs.

Keywords: Small Business Owner; SME; Support Policy; Support Project; Overcrowding (search for similar items in EconPapers)
JEL-codes: C13 D40 L10 L20 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:kdijep:215908

DOI: 10.23895/kdijep.2020.42.1.1

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