The Internationalisation of SMEs in Regional and Global Value Chains

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Lim, Hank;
Kimura, Fukunari
Jul 2009
This paper discusses the significant potential for the SME sector to increase its contribution to East Asia's regional development through greater participation in global value chains while risks from multiple market failures can be mitigated by proper policy measures. The authors also discuss technology transfers, the International Entrepreneurship Theory and the impact of free trade agreements on the region.