During the last decade the co - management concept has gained increasing acceptance as a potential way forward to improve fisheries management performance. It has, however, at the same time become increasingly evident that the co - management concept is not clearly defined and means very different things to different people. In this article, we attempt to development of self regulatory management model of coastal fisheries in Korea, and to present a more comprehensive understanding of fisheries co - management and community - based fisheries management and to summarise the experiences with both the positive outcomes and the problems in actual implementation. The Korean style of fisheries co - management system such as a fisheries self - governance ＆ self - management system has been become a way to activate social processes and involve fishers in Korea coastal fisheries management. As results of this study, the policy recommendation to improve the effectiveness of implementation of this system are summarized. For the effective implementation of this system, some of the supplementary developments are needed as fellows. circled1 establishment of communities on regional basis. circled2 establishment of communities consist of coastal fishermen. circled3 establishment of boundary in coastal fishery. circled4 reinforcement of government indirect support systems