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Abstract ▼ AI-Helper

The study conducts a comparative study of the supporting systems and methods of social enterprises in Korea, Japan, and Hong Kong to propose a policy on sustainable growth of social enterprises and their long-term activation. By investigating previous studies, this researcher drew the frame of a com...

The study conducts a comparative study of the supporting systems and methods of social enterprises in Korea, Japan, and Hong Kong to propose a policy on sustainable growth of social enterprises and their long-term activation. By investigating previous studies, this researcher drew the frame of a comparative analysis and conducted the comparative analysis. First, regarding the supporting system for social enterprises, it was found that Korea had better institutional foundation and system, whereas Japan had better activation, cooperation and network of intermediary support organizations. In Korea there is the law related to social enterprises, and the government takes control of all of the organization in charge of the policy, intermediary support organizations, cooperation and network, and authentication system. However, Hong Kong has yet to establish a basic institutional system to grow and activate social enterprises, and foreign intermediary supporting organizations increase the network and cooperation level to support social enterprises. Thirdly, for supporting methods for social enterprises, there were direct financial support, indirect business support and other kinds of support in Korea, whereas indirect support was activated in Japan. Although The Hong Kong government barely supports social enterprises, it comes up with a plan to support the firms serving as social enterprises under its the 12th 5-year development plan. For sustainable growth of Korean social enterprises, this study suggested the change of the government policy to the direction of creating social enterprise ecosystem through cooperation and network activation, indirect support in the middle of process, and activation of intermediary support organizations.

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