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Integrating SMEs into Global Value Chains: Challenges and Policy Actions in Asia

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  • Asian Development Bank (ADB)
  • Asian Development Bank (ADB)

    (Sustainable Development and Climate Change Department, ADB)

  • Asian Development Bank (ADB)

    (Sustainable Development and Climate Change Department, ADB)

  • Asian Development Bank (ADB)

Abstract

Globalized production networks, or global value chains, provide an opportunity for small and medium-sized enterprises (SMEs) to upscale their business models and to grow across borders. This process can enhance SME competitiveness, create more jobs, and promote inclusive growth in developing Asia. The Asian Development Bank and the Asian Development Bank Institute recognize the importance of integrating SMEs into global value chains. To provide pathways for such integration, this study examines ways of encouraging participation in value chains, and explores policy solutions to address the financial and nonfinancial barriers faced by these enterprises.

Suggested Citation

  • Asian Development Bank (ADB) & Asian Development Bank (ADB) & Asian Development Bank (ADB) & Asian Development Bank (ADB), 2015. "Integrating SMEs into Global Value Chains: Challenges and Policy Actions in Asia," ADB Reports RPT157679-2, Asian Development Bank (ADB).
    • Handle: RePEc:asd:wpaper:rpt157679-2
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    Citations

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    Cited by:

    1. Christianty, Restia & Hidayati, Ratnaningsih, 2020. "Christianty, R and Hidayati, R. 2020. Strategy to Increase the Competitiveness of SMEs and their Integration into Global Value Chain. The International Journal of Business Management and Technology, V," OSF Preprints ua9zv, Center for Open Science.
    2. Jamil Paolo Francisco & Tristan Canare & Jean Rebecca Labios, 2018. "Obstacles and Enablers of Internationalization of Philippine SMEs Through Participation in Global Value Chains," Working Papers id:12905, eSocialSciences.
    3. Anita Prakash (ed.), 2019. "Asia-Europe Connectivity Vision 2025: Challenges and Opportunities," Books, Economic Research Institute for ASEAN and East Asia (ERIA), number 978-602-8660-91-4, July.
    4. Haraguchi, Nobuya & Martorano, Bruno & Sanfilippo, Marco, 2019. "What factors drive successful industrialization? Evidence and implications for developing countries," Structural Change and Economic Dynamics, Elsevier, vol. 49(C), pages 266-276.
    5. Torres de Oliveira, Rui & Nguyen, Tam & Liesch, Peter & Verreynne, Martie-Louise & Indulska, Marta, 2021. "Exporting to escape and learn: Vietnamese manufacturers in global value chains," Journal of World Business, Elsevier, vol. 56(4).
    6. Teerawat Charoenrat & Charles Harvie, 2017. "The Performance of Thai Manufacturing SMEs: Data Envelopment Analysis (DEA) Approach," Global Business Review, International Management Institute, vol. 18(5), pages 1178-1198, October.
    7. Nam Hoang Vu & Tuan Anh Bui & Tram Bao Hoang & Hanh My Pham, 2022. "Information technology adoption and integration into global value chains: Evidence from small‐ and medium‐sized enterprises in Vietnam," Journal of International Development, John Wiley & Sons, Ltd., vol. 34(2), pages 259-286, March.
    8. Aleksandar M. Damnjanovic & Goran Dzafic & Sandra Nesic & Dragan Milosevic & Gordana Mrdak & Sinisa M. Arsic, 2022. "Strategic Management of External Disruptions on Realization of Business Plans—Case of Serbian Manufacturing Companies," Sustainability, MDPI, vol. 14(18), pages 1-22, September.
    9. S. Pobyvayev A. & С. Побываев А., 2016. "ГЛОБАЛЬНЫЕ ЦЕПОЧКИ СТОИМОСТИ И ИХ ПОТЕНЦИАЛЬНАЯ РОЛЬ В РАЗВИТИИ РОССИЙСКО-БЕЛОРУССКОЙ ИНТЕГРАЦИИ // Global Value Chains and Their Potential Role in the Development of Russian-Belarusian Integration," Мир новой экономики // The world of new economy, Финансовый университет при Правительстве Российской Федерации // Financial University under The Governtment оf The Russian Federation, issue 4, pages 41-50.
    10. Eva Cihelková & Irina Platonova & Yelena Frolova, 2019. "Comparative Analysis of Supporting Small and Medium Enterprises for Enhancing Created Added Value in the EU and China," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(1), pages 256-269.
    11. Yoshino, Naoyuki & Taghizadeh-Hesary, Farhad, 2016. "Major Challenges Facing Small and Medium-sized Enterprises in Asia and Solutions for Mitigating Them," ADBI Working Papers 564, Asian Development Bank Institute.
    12. Lanz, Rainer & Lundquist, Kathryn & Mansio, Grégoire & Maurer, Andreas & Teh, Robert, 2018. "E-commerce and developing country-SME participation in global value chains," WTO Staff Working Papers ERSD-2018-13, World Trade Organization (WTO), Economic Research and Statistics Division.
    13. Maningo, Gary V., 2016. "Credit Surety Fund: A Credit Innovation for Micro, Small, and Medium-Sized Enterprises in the Philippines," ADBI Working Papers 589, Asian Development Bank Institute.
    14. Mauro Boffa & Marion Jansen & Olga Solleder, 2021. "Participating to Compete: Do Small Firms in Developing Countries Benefit from Global Value Chains?," Economies, MDPI, vol. 9(1), pages 1-25, February.

    More about this item

    Keywords

    small and medium enterprise; global value chains; sme finance; production networks; supply chain finance; trade finance; SME internationalization;
    All these keywords.

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