Village Enterprises: The Local Roots of Social Innovation
In recent years, one phrase has often been heard across Korea : “ The regions are disappearing .” Population decline, concentration in the Seoul metropolitan area , lack of jobs, and the collapse of local communities have made this an urgent and unavoidable challenge. To keep regions alive, new and practical solutions are needed. Amid these challenges, village enterprises are drawing renewed attention. A village enterprise is not just a small business — it is a grassroots movement for social innovation , where residents come together to solve local problems and create economic opportunities using their own resources. Until recently, village enterprises in Korea had relatively weak institutional foundations, often relying on government grants or public competitions . However, the atmosphere has started to change. In July 2025, the Village Enterprise Promotion and Support Act was finally passed by the National Assembly , marking a turning point. ...