- P-ISSN2287-1608
- E-ISSN2287-1616
- KCI
ISSN : 2287-1608
S&T Policy for SMEs: Lessons Learned and Implications from Korea
Abstract
This article puts forward the opinion of a policy expert, who had been involved in Korea's science and technology policy for 30 years, about technology policy for SMEs. This article first explains why technology policies for SMEs are needed, and from what point of view. The next section looks at the current problems facing Korean SMEs, followed by the introduction of past and current polices to support SMEs. The comparison between current issues facing SMEs and past and current policies leads to lessons that can be learned. There are four lessons for the policy itself and three for the implementation of these policies. As for policy, the first four are about stages of development, concentration, R&D and diffusion, and policy mix. The latter three are policymakers, institutional building, and cooperation between ministries. This article makes four suggestions for future policy: the importance of startups’ culture, cooperation with others, infrastructure to reduce uncertainty, and policy monitoring and evaluation.
- keywords
- SME policy, SME technology policy, Korean SME policy, SME policy by technology policy expert
Reference
Kim et al. (2018) SMEs Technology Innovation Competency and Global Policy Trend Analysis (IX), STEPI.
Ko, C.R., Bae, S.J. and Seol, S.S. (2017) Suitability analysis of SMEs support means by customized information Analysis, Journal of Korea Technology Innovation Society, 20-1, 81-102.
Korea Small Business Institute (2019) KOSBI SME Trend.
Korean Association for Policy Studies (2012) The 50th Anniversary of SME Policies and Futures of SME Policy.
Korean Ministry of Science and Technology (1986) Korean Science and Technology Development Plan Towards 2000.
Noh, M.S. (2019) SME R&D investment status and prospect, SME focus 19-02, Korea Small Business Institute, 1.14.
OECD (1996) Reviews of National Science and Technology Policy: Republic of Korea.
OECD (1998) Secretariat, Technology, Productivity and Job Creation - Best Policy Practices.
Romijn, H. (2001) Technology support for small-scale industry in developing countries: a review of concepts and project practices, Oxford Development Studies, 29-1, 57-76.
Seong, S. and Popper, S.W. (2005) Strategic choice of science and technology strategies, RAND Corporation.
STEPI (2018) SMEs Technology Innovation Competency and Global Policy Trend Analysis (IX).
The World Bank (2010) Innovation Policy: A Guide for Developing Countries.
- Downloaded
- Viewed
- 0KCI Citations
- 0WOS Citations