An overview of the evolution of small and mediumenterprises in Korea since 1975 is presented, emphasizing the dramatic changesin the country's industrial structure as well as greater shares in employmentand value contributed by small and medium-sized enterprises(SMEs). Thepurpose of the study is...

The collective support system for small and medium-size enterprises (SMEs) is more important in the Republic of Korea than in other countries, but is less important than private support mechanisms. The success of Korea's collective support lies in well-functioning governance structures, in which...