Since the enactment of “Cooperative Basic Law” in 2012, currently there are more than 1,400 Social Cooperatives established in South Korea. However, the increasing numbers do not equate to the expected competencies and value. One of the contributing factor is involvement by government via its policies, which hindered the Social Cooperatives to establish own identity and continuously improve own competencies. In addition, there are many Social Cooperatives that have been closed down. The objective of this paper is to propose future development of Social Cooperatives in South Korea based on analysis of government policy and performance of cooperatives management.
