남북경협과 중소기업의 對북한 진출방안
Economic Cooperation of South - North Korea and Advance Strategies of South Korea SMEs into North Korea
This paper aims to investigate the expansion of economic cooperation of South - North Korea and advance strategies of South Korea SMEs into North Korea. The advance possibility of South Korean firms into North Korea has increased more than ever due to the South - North Korea Summit Meeting last year. Since 1988, the economic cooperation between South and North Korea was largely performed by large firms. However, in the realms of light industry such as textile and shoes, SMEs may advance into North Korea individually or advance in collaboration with large enterprises. In order to vitalize the economic cooperation of South - North Korea, there are many tasks such as investment assurance agreement, payment system, dispute settlement procedure, technology education and quality control that could be solved by both authorities and individual firm. Especially, for SMEs, the lack of investment fund, informational deficiency and size of business volume may become major obstacles to the economic cooperation of South - North Korea. In reality, the linkage between capital and technology of South Korea and cheap labor force of North Korea could become mutually beneficial to both economies.
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