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Policy Fund Loans and Improvement Plans for Small Enterprise

Policy Fund Loans and Improvement Plans for Small Enterprise

The Journal of Distribution Science(JDS) / The Journal of Distribution Science, (P)1738-3110; (E)2093-7717
2015, v.13 no.10, pp.5-13
https://doi.org/https://doi.org/10.15722/jds.13.10.201510.5
Kim, Young-Ki (Small Enterprise and Market Service)
Kim, Seung-Hee (Kangwon National university)
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Abstract

Purpose - This study aims to suggest appropriate policies and performance indicators for financial aid recipients. It analyzes the existing regular government policy funds support project, especially its propriety and reasonability. Research design, data, and methodology - When financial aid is effective, it should be able to predict small enterprise business results. Additionally, there should be an evaluation, checking before and after performance rates so that the rate of achievement and outcome can be measured. This study's contribution for small enterprises is in researching the best way to improve this support system. Results - The Small Enterprise and Market Service (SEMAS), currently designated as a support organization for implementing the government financial aid project, has assessment indicators. However, these focus mainly on quantitative indicators and survey results. Conclusions - In the future, there is some need to draw up measures, setting the right direction for developing policies for the small enterprise fund loans and improving the management of the plans. Eventually, this effort will dispel concerns about the present support policy, which is considered to be weakening small enterprises.

keywords
Small Enterprise, Policy Funds Loan, Performance Assessment, Performance Indicator, Qualitative Indicator

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The Journal of Distribution Science(JDS)