Innovative Approaches to SMEs and Entrepreneurial Financing for Enhanced Competitiveness | Asian Development Bank

At the forefront of growth and development in Asia and the Pacific

Innovative Approaches to SMEs and Entrepreneurial Financing for Enhanced Competitiveness

Event | 8 - 9 November 2017 Jakarta, Indonesia

Background

The contribution of small firms to innovation-led growth and job creation has been of renewed interest in recent years. A large body of evidence shows that small and medium enterprises (SMEs), especially young firms, greatly and increasingly contribute to the innovation system by introducing new products and adapting existing products to the needs of customers. This explains why economists have reopened the debate on whether some market and systemic failures disproportionately affect small firms, and why governments have generally prioritized policies directed toward SMEs, while focusing more on the promotion of innovation. These policies must consider the challenges and opportunities raised by globalization and new technologies. They must also find the right balance between measures addressing generic problems related to firm size or newness on the one hand, and more targeted responses that are tailored to the varying needs of different types of SMEs on the other hand.

Objectives

  • To bring together government officials from developing Asian countries involved in the development and financing of SMEs;
  • To build capacity for designing and implementing innovative approaches and entrepreneurial financing for to SME development; and
  • To share relevant policy insights and country experiences.

Participants

Around 16 government officials from 8 developing countries in Southeast Asia (Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, Philippines, Thailand, and Viet Nam); international experts; representatives from multilateral banks; the private sector; and academics involved in SME development and financing.

Participant responsibilities

Actively join discussions and share views and experiences.

Output

  • Better knowledge and enhanced capacity for understanding innovative approaches and entrepreneurial financing for enhancing SME competitiveness;
  • Enhanced dialogue among government officials and experts on key issues related to the innovative approaches and entrepreneurial financing for enhancing SMEs competitiveness; and
  • Presentation materials for upload to ADBI website.

How to register

By invitation only.

Language

English

Partners

Graduate School of Public Policy (GraSPP) at the University of Tokyo, Lembaga Penyelidikan Ekonomi & Masyarakat (LPEM) at Universitas Indonesia, and Toshiba International Foundation (TIFO)

Time of event

09:00 - 18:00