SMEs accounted for 99% of domestic companies and 88 percent of all workers employed. However, unlike the portion of SME, their exports are still staying at about 30% of Korea''s exports, and export there are various supporting policies from the central government and its agencies to the local government, but the policies are not made from the consumers but mainly from the supporters.
Recently, North Korea, South Korea, the U. S, China, Russia, Japan and the Korean peninsula neighbors redrew the power of the composition, as well as neighboring countries such as France and Egypt, about 29 countries have new leaders of each country and are attempting to grow their economies using different kinds of stimulus.
The financial crisis in 2008 became a global financial crisis in 2009, and when Greece, member of the Eurozone, had a crisis due to accounting fraud it became a major problem. The financial crisis in the Eurozone (17 countries using the euro) is still not completely over.
The United States and other countries are already transfering supporting SME programs from the central government to local governments. However, existing policies, from the consumer''s perspective has been provided in terms of the policy provider. In this context, the national economy through exports are attempting to solve the problem of trying to promote stable growth. The central government and the local economy as well as local governments intend to overhal any export support system that will help small businesses, as well as substantially impact the businesses by establishing large export support policies that consistently promote the need to export goods and services.
In this study, based on the central government and local government''s supporting an SME overseas business policy, I am trying to analyse current export programs for SME and seek problems with the current supporting policies. Also I want to solve those problems and try to correct current export policies and develop new policies for supporting SME overseas marketing.
I conducted the survey in this study about local exporting companies in Daejeon, Korea and though the survey, I figured out the problems of export support programs of each supporting SME exporting agencies and tried to find ways to solve those problems, and also suggest some improvements. I reviewed the programs of each supporting SME agencies, and suggested merging some overlapping supporting programs between agencies. However, because the supporting programs are government realized systems, there are some limitations to correct or simply cancel those programs. Also, the survey was only conducted among Daejeon local exporting companies, so the sample companies or data may not show the whole exporting companies opinion. The survey should be more accurate and amu empirical analysis needs to be analyzed correctly.
This study conducted the survey with the questions of the agency''s direct support and indirect support on whether the increase in exports and sales focused analysis of SME exports and sales growth, but there are a lot of variables to prove SME exports and sales growth. For example, management''s capabilities, characteristics of SMEs and the appropriate products to overseas markets should be included in the survey. In the future research much more variables should be used though empirical analysis to prove an increase in exports and sales.