Improving Access to Finance to Unlock SME Growth Potential in Emerging Markets: South Korea Example: Drivers of SME Growth and Sustainability in Emerging Markets

The purpose of this chapter is to examine access to finance for small and medium scale enterprises in emerging markets with a focus on South Korea. This book chapter evaluates the critical role access to finance plays in enabling growth and expansion for SMEs in emerging market economy such as a South Korea. Also, there is critical analysis of the challenges faced by SMEs in securing financing in emerging markets. The lack of funding sources was discussed with a review on innovative models and policy solutions that aim to improve small and medium scale enterprises' access to finance.