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Global value chain linkages: An integrative review of the opportunities and challenges for SMEs in developing countries

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  • Epede, Mesumbe Bianca
  • Wang, Daoping

Abstract

This study reviews the literature on the challenges and opportunities of the global value chain (GVC) participation of small and medium-sized enterprises (SMEs) in developing countries. A three-step approach to the literature review is used for synthesizing the relevant research works. In the end, we retain that SMEs are drivers of economic growth and despite the many challenges they face, the opportunity for developing country SMEs to benefit from their GVC linkages does exist, notably the high-quality information that they would otherwise not have access to. However there are necessary preconditions, resources and strategies that need to be put together to ensure the successful integration and growth (upgrading) of these SMEs within GVCs. The findings and proposed model contribute to enrich existing GVC research and offer a theoretical guide for possible practical measures to be adopted by SMEs and governments in developing countries.

Suggested Citation

  • Epede, Mesumbe Bianca & Wang, Daoping, 2022. "Global value chain linkages: An integrative review of the opportunities and challenges for SMEs in developing countries," International Business Review, Elsevier, vol. 31(5).
  • Handle: RePEc:eee:iburev:v:31:y:2022:i:5:s096959312200021x
    DOI: 10.1016/j.ibusrev.2022.101993
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    1. Du, Wenjing & Fang, Guanfu & Gao, Tiantian & Jiang, Wei, 2023. "Public credit institutions, export activities, and global value chain participation: Evidence from China's credit demonstration city construction program," Economic Modelling, Elsevier, vol. 126(C).
    2. Shuang Meng & Huan Yan & Jiajie Yu, 2022. "Global Value Chain Participation and Green Innovation: Evidence from Chinese Listed Firms," IJERPH, MDPI, vol. 19(14), pages 1-17, July.
    3. Sugandha Huria & Kriti Sharma & Neha Jain & Ashley Jose, 2022. "Digitalization and Exports: A case of Indian Manufacturing MSMEs," Working Papers 2261, Indian Institute of Foreign Trade.

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