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Designing a Model for Deriving Priorities in Regulatory Improvement for Each Lifecycle and Area of Small-and-Medium-Sized Enterprises

Park, Sunjoo 1 Park Jungwon 2

1경북대학교
2안동대학교

Accredited

ABSTRACT

This study aims to design a model to prioritize the regulatory improvement tasks for small-and-medium-sized enterprises (“SMEs”) and derive implications for implementing regulatory reform in the future through the pilot application of the model. Even for the same regulation, SMEs are under a relatively heavier burden than large enterprises. Thus, differentiating regulations and regulatory flexibility systems have been discussed from an equity standpoint between SMEs and large enterprises. Some of such systems have been introduced and implemented in Korea as well. However, SMEs continue to point out the complaints about unreasonable regulations and difficulties in corporate activities arising therefrom. As such, a variety of regulatory improvement tasks are being received via various regulatory reform channels, but it is difficult to determine the priorities among the regulatory improvement tasks for both the targets of the policy and decision-makers, such as the regulated and the decision-makers of regulatory improvements. Accordingly, this study employs the idea of Importance-Performance Analysis (IPA) methodology to prioritize regulatory improvement tasks. Our model is designed to classify the tasks into the top-prior, prior, and long-term improvement categories by comparing the sets of importance & expected effect and problem-solving possibility & weighted burden on SMEs, respectively. Additionally, this study selected 80 unsolved regulatory improvement tasks related to SMEs and confirmed the model’s usefulness and validity by applying the priority derivation model on a pilot basis. Frequent and immediate responses to regulatory irrationality must be implemented based on continuous management of regulations. In particular, improving regulations on SMEs should be more advanced both institutionally and practically. Thus, the priority derivation model presented in this study will be highly effective and valuable in improving regulations on SMEs in the future.

Citation status

* References for papers published after 2023 are currently being built.