Francisco, Jamil Paolo S.   <br/><br/>
Obstacles of Philippine SMEs' participation in global value chains / 
Jamil Paolo S. Francisco, Tristan A. Canare and Jean Rebecca D. Labios. 
 - ix, 37 pages   illustrations      23 cm 
 - Research paper series   no. 2019-05  .
<br/><br/>Includes bibliographical references (pages 31-34)  
<br/><br/> Small and medium enterprises (SMEs) play an   important   role   in   the   economy   of  many <br/>                            developing countries. In the Philippines, SMEs, including    microbusinesses,     account   for 99.5 <br/>                            percent of firms and 63.2 percent       of      employment. However, this sector remains   much less <br/>                            productive than their large counterparts. One way to help SMEs achieve higher productivity is to <br/>                            connect them to global value chains (GVCs). There are, however, a number of obstacles that <br/>                            make participating in GVCs difficult for SMEs. This paper attempts to determine the challenges <br/>                            as well as the enablers of connecting SMEs to GVCs. It uses data from a survey of SMEs in <br/>                            Metro Manila and a set of key informant interviews (KIIs) of SME owners and officials of <br/>                            government agencies tasked to assist SMEs. Survey findings indicate that Philippine SMEs are <br/>                            weakly linked to GVCs. A thematic analysis of KII data suggests that challenges and enablers can <br/>                            be grouped into five themes: (1) competition among countries in the Association of Southeast <br/>                            Asian Nations and East Asia; (2) international standards, regulatory requirements, and local <br/>                            institutions; (3) role of the government and institutions; (4) adapting to changes in international <br/>                            market demand and input supply; and (5) entrepreneurial mindset and skills. Based on the results,  <br/>                            some policy implications were formulated.<br/> 
<br/><br/><label>ISSN: </label>1908-3297 
<br/><br/><label>Subjects--Topical Terms: </label><br/>Small business -- Philippines. <br/> Business logistics --Philippines.