Enhancing Training Opportunities in SMEs in Korea
This report assesses whether training workers in small and medium-sized enterprises (SMEs) in Korea is adequate, relevant, and aligned to skills needs. It analyses policy options to expand access to training for SMEs, remove the barriers to training participation/provision, and ensure that training provided by SMEs supports their growth and encourages innovation, particularly in the context of the 4th industrial revolution. Based on this analysis, this report provides actionable policy recommendations as well as good practice examples from OECD countries.
Why adult learning is important for Korean SMEs?
The Korean social and economic context makes adult learning investments particularly important for SMEs. This chapter paints a picture of the place that SMEs occupy in the economy. It looks at the key mega-trends that are changing the skills needed in the labour market, and how these changes may be particularly disrupting for SMEs. Finally, the chapter also looks at current skills shortages, surpluses, and mismatches in the Korean labour market, focussing particularly on skills imbalances in SMEs.
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