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Does State-Driven Social Economy Work? The Case of Community Business in South Korea

Author

Listed:
  • Hyunsun Choi

    (Department of Public Administration, Myong-Ji University, Seoul 03674, Korea)

  • Jungyoon Park

    (Department of Public Administration, Myong-Ji University, Seoul 03674, Korea)

  • Eungi Lee

    (Department of Public Administration, Myong-Ji University, Seoul 03674, Korea)

Abstract

What is the role of the government in enhancing social economy? South Korea has implemented projects and programs to enhance social economy. This paper discusses the positive role of government intervention by looking at the case of community business in South Korea. In addition, some limitations are discussed. Qualitative data based on in-depth interviews with diverse stakeholders and participants were included. In addition, a comprehensive analysis of government documents and literature was conducted. In spite of some bureaucratic and institutional limitations, the village company program of Korea has played an important role in enhancing the social economy for ten years. In particular, the early stages of government intervention in Korea have been successful. However, when the government intends to get involved in enhancing the social economy, it is necessary to carefully prepare formal and informal institutions.

Suggested Citation

  • Hyunsun Choi & Jungyoon Park & Eungi Lee, 2021. "Does State-Driven Social Economy Work? The Case of Community Business in South Korea," Sustainability, MDPI, vol. 13(5), pages 1-21, March.
    • Handle: RePEc:gam:jsusta:v:13:y:2021:i:5:p:2613-:d:508469
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    References listed on IDEAS

    as
    1. Soogwan Doh, 2020. "Social Entrepreneurship and Regional Economic Development: The Case of Social Enterprise in South Korea," Sustainability, MDPI, vol. 12(21), pages 1-20, October.
    2. Peter Somerville & Gerard McElwee, 2011. "Situating community enterprise: A theoretical exploration," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 23(5-6), pages 317-330, June.
    3. Roger Spear & Giulia Galera & Antonella Noya & Emma Clarence, 2010. "Improving Social Inclusion at the Local Level Through the Social Economy: Report for Slovenia," OECD Local Economic and Employment Development (LEED) Papers 2010/16, OECD Publishing.
    4. Margie Mendell & Roger Spear & Antonella Noya & Emma Clarence, 2010. "Improving Social Inclusion at the Local Level Through the Social Economy: Report for Korea," OECD Local Economic and Employment Development (LEED) Papers 2010/15, OECD Publishing.
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