Globalization of Production and the Competitiveness of SMEs in Asia and the Pacific: Trends and Prospects
In: Globalization of Production and the Competitiveness of Small and Medium-sized Enterprises in Asia and the Pacific: Trends and Prospects
The focus of this section is on the trends and prospects for the competitiveness of the region's SMEs, based on a review of the literature (as distinct from original research). In this context, the key dynamic shaping the prospects of Asia- Pacific SMEs relates to the globalization of production. This is changing the competitive environment for the region's SMEs in both international markets and at home. Therefore, at the core of the story is the need to understand the nature of globalization and its implications for the competitive performance of Asia-Pacific SMEs. From this perspective, small traditional firms serving only small local markets are not primary interest here, except insofar as they may evolve, or may be forced to evolve, into competitive enterprises in the above context.
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