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Skills Training by Small and Medium-Sized Enterprises: Innovative Cases and the Consortium Approach in the Republic of Korea

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  • Kye Woo Lee

    (Asian Development Bank Institute)

Abstract

This paper presents targeted government policies for promoting training in small and medium-sized enterprises (SMEs) to increase their contributions to economic development. It first discusses the role of SMEs in country development and the special challenges facing SMEs in developing human resources. It then surveys some innovative, targeted policies for promoting training by SMEs in Asia and Latin America. The paper elaborates on the objectives and achievements of a successful targeted SME training policy, the SME Training Consortiums Program in the Republic of Korea, as a best practice. This paper concludes with some cautionary remarks for developing countries seeking to adopt targeted SME training policies.

Suggested Citation

  • Kye Woo Lee, 2016. "Skills Training by Small and Medium-Sized Enterprises: Innovative Cases and the Consortium Approach in the Republic of Korea," ADBI Working Papers 579, Asian Development Bank Institute.
    • Handle: RePEc:ris:adbiwp:0579
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    References listed on IDEAS

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    8. repec:ilo:ilowps:402810 is not listed on IDEAS
    9. Harry J. Holzer & Richard N. Block & Marcus Cheatham & Jack H. Knott, 1993. "Are Training Subsidies for Firms Effective? The Michigan Experience," ILR Review, Cornell University, ILR School, vol. 46(4), pages 625-636, July.
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    Cited by:

    1. The SMERU Research Institute & Digital Pathways at the Blavatnik School of Government at the University of Oxford & United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), "undated". "Strategy Primer Accelerating Digital Skills Development in Indonesia," Working Papers 2832, Communications Section.
    2. Mayang Rizky & Rendy Adriyan Diningrat & Jonathan Farez Satyadharma & Abdullah Faqih, "undated". "Panduan Strategi Percepatan Pengembangan Keterampilan Digital di Indonesia," Working Papers 2834, Communications Section.

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    More about this item

    Keywords

    SME training policies; SME Training Consortiums Program; training levy grants; Republic of Korea;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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