SME Development in Emerging Asia: Integration with the Global Value Chain
2 - 3 November 2016
Asia-Pacific Finance and Development Institute (AFDI), Shanghai, PRC
This course-based training aims to promote discussion among government officials and experts, and to share policy insights and country experiences related to the integration of SMEs in emerging Asia with the global value chain.
A value chain describes the full range of activities through which goods or services pass from conception to distribution and beyond. This includes several activities such as design, production, marketing, distribution, and support for the final consumer. All these activities can be carried out by a single firm or divided up among different enterprises. They can be contained within a single geographical location or spread over a wider area. A global value chain (GVC) is a chain of activities divided among multiple firms in different geographical locations. GVCs cover a full range of interrelated production activities performed by firms in different geographic locations to provide a product or a service from conception to completion and delivery to final consumers.
The acceleration of globalization, aided by the rapid development in information and communication technologies, and improved transport facilities and tariff reductions, presents opportunities and challenges to small and medium-sized enterprises (SMEs). 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 in the global marketplace.
It is not easy for SMEs to succeed in global value chains. Two main factors require attention: enterprise competitiveness and enterprise connectivity (i.e., the means by which firms can connect to value chains). Given that these chains take various forms, SMEs can internationalize by supplying larger firms that have located in their domestic market, or by operating trade and supply links with producers and buyers in other countries. Enterprises that are both competitive and connected will be able to link into, and benefit from, global value chains. However, many of the smaller (or micro-sized) and informal SMEs will not. The main focus of SME integration is, and should be, the larger, more robust small enterprises and those of medium size.
This activity will promote understanding of the importance of SME integration with the global value chain in developing Asian countries.
Around 22 government officials from 12 developing countries in Asia (PRC, Pakistan, Mongolia, Uzbekistan, Kazakhstan, Kyrgyz Republic, Azerbaijan, Tajikistan, Turkmenistan, Afghanistan, Bangladesh, and Sri Lanka)
Actively join discussions and share views and experiences.
- Better knowledge and enhanced capacity of participants from emerging Asian countries in understanding the integration of SMEs with the global value chain.
- Detailed discussion among government officials and experts on the issue of SME integration with the global value chain in emerging Asia.
- Presentation materials for the ADBI website.
How to register
By invitation only.
CAREC Institute (CI) and Asia-Pacific Finance and Development Institute (AFDI)
Time of event
09:30 - 18:00