The Impact of Micro-enterprises in Business Situations

This microenterprise research aims to explore the role of microenterprises by comparing both countries’ situations (Korea vs. Mexico) and trying to observe through official statistics how these governments are applying different policies, and determining how this government decisions impact economic development. It will also be possible to see different paths taken by federal governments to support this sector, and how these commercial entities participate in the economic development of each country. The Mexican government is applying policies to support microenterprises as a way to generate employment, but these policies usually do not meet and understand Mexican microenterprises needs and realities, which is why more than 6 million microenterprises are informal. As in the case of Mexico, and to a lesser proportion in the case of Korea, microenterprises present an excellent opportunity for women, growth, development, and independence.