Strengthening SMEs and entrepreneurship through the Economic Democratisation Agenda

This chapter analyses the contributions of small and medium-sized enterprises (SMEs) and entrepreneurship towards more inclusive growth in Seoul. It identifies the main challenges facing SMEs and entrepreneurs in Seoul. It then takes a closer look at how the city’s Economic Democratisation Agenda, introduced by Seoul Metropolitan Government in 2016, is addressing the obstacles facing SMEs and entrepreneurs, as well as measures that could further strengthen its impact.