Capital Market Opinion (Ceased)
2013 Feb/26
Developing Social Enterprises in Korea
February 26, 2013
PDF
Noh, Hee-Jin
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- Summary
- If some public services can be provided more efficiently by the private sector, they’d rather be outsourced to the private sector. Social enterprises can provide social services. Developing social enterprises will reduce the government’s burden and enhance national efficiency. In order to facilitate the development of social enterprises, the government should exert various efforts, i.e., provide financial support, improve rules and regulations, and build a system to assess social performance.