Digital infrastructure for the internationalization of small and medium-sized enterprises in the Republic of Korea

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Small and medium-sized enterprises (SMEs) account for a significant share of the exports of the Republic of Korea, in large part thanks to the sophisticated digital support infrastructure available to these firms. This document analyses how the government implemented this infrastructure over the last decades in close coordination with the private sector. It also presents the prominent institutions and their digital SME export support instruments. Lastly, it identifies some future challenges and recommendations for Latin America and the Caribbean.

Introduction

1. Digitalization, digital trade, and export

2. Development of digital trade system in Korea, and SMEs

3. Export support schemes for SMEs

4. Digital support platforms for SME exports

5. Implications for Latin America and the Caribbean

Annexes.


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