Social enterprises in South Korea have played an important role in solving social problems and creating jobs. Unlike regular businesses that primarily pursue profits, social enterprises pursue both “profit” and “social value,” acting as a bridge between the private and public sectors.   South Korea officially recognizes social enterprises through a “certification” system that acknowledges their dual role in generating profit and delivering social impact.   Current Social Enterprise Certification System   Under the Social Enterprise Promotion Act (enacted in 2007), South Korea operates a social enterprise certification system. This system certifies companies that meet specific criteria as social enterprises, administered by the government.   Certification helps build trust with consumers and the general public and provides certified enterprises with support such as management assistance, market access, and tax benefits. This support is especially cruci...