Integrating SMEs into Global Value Chains Challenges and Policy Actions in Asia
Published By: Asian Development Bank Institute | Published Date: January, 01 , 2015The opportunities for SMEs in global value chains are enormous. Participation in value chains exposes them to a large customer/buyer base, as well as opportunities to learn from large firms and from engaging and surviving in the hotly contested sectors of the global marketplace. The penetration of global value chains, however, also presents huge and often daunting challenges for SMEs. They may fail
to gain a foothold and have to forgo large market development expenditures as a result. With global opportunities come global risks.
Author(s): Asian Development Bank Institute | Posted on: Mar 17, 2016 | Views() | Download (215)