Fostering Greater SME Participation in a Globally Integrated Economy

執筆者 Miriam Koreen and Lucia Cusmano
ダウンロード/関連リンク

概要

Global value chains (GVCs) offer new opportunities for SMEs to integrate the global economy. Benefits from GVC participation depend on the nature of inter-firm linkages and position in global production networks. The digital transformation is reducing trade costs, increasing SME involvement in trade and spawning a new breed of born-global enterprises. Nevertheless, trade costs and restrictions remain which impact SMEs disproportionately. The increasingly complex trading environment requires whole-of-government approaches to address SME constraints in internationalising, including access to information, skills, technology and finance, as well as trade facilitation and connectivity.

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