Present Situation and Development Plan of Social Enterprises in Jeju Area

AUTHORS

Hyuk-Jin Lee,Professor, The Faculty of Liberal Arts, Eulji University, Korea
Hwa-Yeol Choi*,Professor, Department of Airline Service Management School of Business, Jeju International University, Jeju-si, Jeju-do, Korea

ABSTRACT

This study analyzes the problems of social enterprises in Jeju Island and presents sustainable growth and development plan for Jeju social enterprises. Social enterprises are the most problematic of self-sufficiency when government subsidies are discontinued. For the social enterprise to be sustainable, entrepreneurship must be premised, as well as the establishment of a clear mission and vision of social entrepreneurship. To solve this problem, first, for sustainable social enterprise, the entrepreneurial spirit should be premised not only on the establishment of a clear mission and vision of the social entrepreneur. Second, creating a friendly market for social enterprises, effective public relations such as cost reduction and joint marketing of social enterprises are necessary. Third, there is a platform to establish a close collaboration between social enterprise-related parties, and it is necessary to have a strategy that can coexist with local and social enterprises. Finally, local governments are expected to contribute to the development of social enterprises by organically linking the forms of middle organizations such as the Jeju social-economic network.

 

KEYWORDS

Social enterprises, Social economy, Entrepreneurship, Jeju social economy network

REFERENCES

[1] J. Y. Rha, “Social enterprise ecosystem and policy innovation: An evolutionary perspective,” The Korean Journal of Cooperative Studies, vol.32, no.3, pp.27-57, (2014)
[2] C. Y. Song, “Jeju social economic network with the spirit of Sunulum,” Cooperative network, no.71, pp.33-44, (2016)
[3] S. M. Lee, “Social economy and regional development,” Regional Development Studies, vol.47, no2, pp.87-119, (2015)
[4] W. B. Jang, “The actual conditions and prospects of social enterprise in Korea,” Trends and prospects, no.75, pp.47-73, (2009)
[5] I. Ryu, “Sustainable development strategy of local social enterprise based on the cases of Jeju province,” Regional Development Studies, vol.11, no.2, pp.157-179, (2011)

CITATION

  • APA:
    Lee,H.J.& Choi*,H.Y.(2019). Present Situation and Development Plan of Social Enterprises in Jeju Area. International Journal of Smart Business and Technology, 7(1), 73-80. 10.21742/IJSBT.2019.7.1.08
  • Harvard:
    Lee,H.J., Choi*,H.Y.(2019). "Present Situation and Development Plan of Social Enterprises in Jeju Area". International Journal of Smart Business and Technology, 7(1), pp.73-80. doi:10.21742/IJSBT.2019.7.1.08
  • IEEE:
    [1] H.J.Lee, H.Y.Choi*, "Present Situation and Development Plan of Social Enterprises in Jeju Area". International Journal of Smart Business and Technology, vol.7, no.1, pp.73-80, May. 2019
  • MLA:
    Lee Hyuk-Jin and Choi* Hwa-Yeol. "Present Situation and Development Plan of Social Enterprises in Jeju Area". International Journal of Smart Business and Technology, vol.7, no.1, May. 2019, pp.73-80, doi:10.21742/IJSBT.2019.7.1.08

ISSUE INFO

  • Volume 7, No. 1, 2019
  • ISSN(p):2288-8969
  • ISSN(e):2207-516X
  • Published:May. 2019

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