earticle

영어

Community enterprise promotion project being pushed ahead by the MOSPA(Ministry of Security and Public Administration), has played a key role in creatinglocally tailored jobs that have taken the economic, social, and cultural environment ofthe region into consideration, and revitalizing the local economy. By providing thelocal residents and socio-economically disadvantaged individuals with relatively easyjobs, community enterprises can contribute significantly towards stabilizing theirliving conditions and stimulating the local economy. The purpose of this study is to propose the possibility that community enterprisescan become an important part of the job creation policy, and suggest measures tofacilitate them through an investigation of the current status of the communityenterprises in Busan. Results from the status survey show a decline in the amountof equity invested, out-of-pocket payment, and the number of members but anincrease in the debt level in 2013, compared to 2011. Accordingly, it is important toset a target ratio of out-of-pocket money with an aim to reach the goal in the nextfew years, and develop a policy designed to increase it gradually every year. It isalso essential to improve the performance of the community business bystrengthening its operational efficiency through an increase in the number of localresidents, the amount of equity invested, and investment ratio. Moreover, it is crucial to establish a financial market specifically for the community enterprises to help keeptheir operating environment from getting worse due to the increased debt load. Various measures have been suggested for developing a viable plan to protect andstrengthen their business as community enterprises are expected to operateindependently and have full discretion in making employment decisions when the2-year subsidy program comes to an end. This study is meaningful in and of itselfas it can help lay the foundation for existing studies on community enterpriseswhich provided no useful information to derive any valid conclusions to date.