The purpose of this joint event with the Inter-American Development Bank (IDB) is to exchange ideas and explore avenues for collaboration on this priority ADB/ADBI flagship study - The role of SMEs and inclusive development in Asia.
Small and medium-sized enterprises (SMEs) are the economic linchpin of many economies and play a crucial role in economic growth and job creation. However, relative to their contribution to national and local economies they are under-represented in international trade. Greater internationalization provides SMEs the opportunity to achieve economies of scale, expand market share and increase productivity. Additionally, SME participation in trade can enhance a firm's information flows and learning possibilities and introduce new business practices and more advanced technology, leading to greater growth and earning potential. Therefore, SME internationalization is a potent way of accelerating economic development.
This seminar will provide an opportunity for experts in Asia, the EU and Latin America to share their experiences on SME internationalization and good practices and identify areas of collaboration.
Exchange ideas and explore avenues for collaboration on this priority ADB/ADBI flagship study - The role of SMEs and inclusive development in Asia.
The ADBI-IDB Seminar has an expected audience of 30-40 participants. The event should provide lively discussion, generate new ideas, and identify areas of collaboration. The event will be of interest to academics, policy makers, and experts from the private sector.
Inter-American Development Bank