Economic Integration in East Asia: Production Networks and Small and Medium Enterprises

2016 ◽  
Vol 33 (2) ◽  
pp. 262-263
Author(s):  
Charles Harvie ◽  
Dionisius Narjoko ◽  
Sothea Oum ◽  
Wai Heng Loke ◽  
2013 ◽  
Vol 64 (3) ◽  
Author(s):  
Abdul Karim Kanaan Jebna ◽  
Ahmad Suhaimi Baharudin

Small and medium enterprises (SMEs) are the main contributor toward prospering the Malaysian economy [1]. Despite the fact that Malaysia is a fast growing economy in South-East Asia, death of SMEs is unavoidable. An exploratory study was conducted to investigate the factors that have an impact on business performance and success in Malaysia. Interviews with SMEs from different industries were conducted. Several factors were found to contribute to the success of business. The factors are classified into financial and non-financial determinants. These factors include customer satisfaction, service quality, experience, business expansion, competitor orientation, solving problems, cash flow, and the amount of sales and revenue. Building on these interviews, a discussion and conclusion have been provided.


2021 ◽  
Author(s):  
Restia Christianty ◽  
Ratnaningsih Hidayati

Small and Medium Enterprises is one of economic pillars in Indonesia. However, Indonesian SMEs has not performed well comparing to other ASEAN countries, particularly in terms of participation in global and regional production networks. This study aimed to identify factors causing the low participation of Indonesia SMEs into the Global Value Chain (GVC). This research is conducted with literatur study and Internal & Eksternal factors analysis. Result shows that the low participation of SMEs and Indonesian companies in GVC is determined by the lack of optimal GVC support factors, namely infrastructure and use of communication and information technology, reliability and efficiency of logistics services, and high trade barriers. The relatively high level of wages is also an obstacle to increasing production efficiency. Likewise, the strict requirements for obtaining access to external financing from banks. Another problem faced by SMEs is that most of them do not know where their position are in the GVC. Increasing SMEs participation into GVC will automatically improve their competitiveness in the global economy. There are internal and external factors that determine the competitiveness of SMEs. Internal are human resources, marketing strategies, and innovation. Meanwhile, external factors are the ease of trying in Indonesia, access to finance and capital, market access and infrastructure.


2017 ◽  
pp. 49-93
Author(s):  
Pradumna B. Rana ◽  
Wai-Mun Chia

This chapter reviews the ‘Look East’ policies implemented, either formally or informally, by the South Asian countries. It argues that these policies have had a number of positive impacts. Efforts are also being made to improve connectivity to reduce trading costs between the two regions. The chapter then assesses the potential for South Asia–East Asia trade. It also reviews the literature on how greater SA–EA economic linkages especially through SA joining production networks will lead to a win-win situation for all countries in both South Asia and East Asia. South Asian economic integration will also be reinvigorated.


2020 ◽  
Vol 7 (1) ◽  
pp. 77-91
Author(s):  
Abrehet Mehari ◽  
Prof. Rovshan Guliev

This paper assesses the economic integration of small and medium enterprises (SMEs) in Tigray, Ethiopia. Focusing on strategies, enabling environment, competitiveness, and challenges of the economic integration of small and medium enterprises. The study was employed cross-sectional mixed approach method. The data were collected from sample of 148 SMEs selected based on proportional stratified sampling after a pilot test was conducted. Interviews with 15 leaders, 8 focus group discussions with SMEs council were conducted. The result indicates that SMEs contribution to create new job to citizens and change the living standard for others are insignificant. Lack of access to finance, work promising, market linkage, and quality and quantity input, problem of Peace and security among Region and outside, dependency mentality and rent seeking behavior of SMEs operators are challenges of SMEs. in addition, the commitment, attitude, and capacity of the leaders to support SMEs is weak. Thus, policies and strategies should review and adjust considering the current political situation and capacity building to operators and agency leaders are very critical. Finally, establishing special financial institutions and market supporting unit might help SME’s competitiveness. Work premises for production and market as well as infrastructure should be ready before the SMES established.


2010 ◽  
Vol 55 (01) ◽  
pp. 163-184 ◽  
Author(s):  
GIOVANNI CAPANNELLI ◽  
CARLO FILIPPINI

This paper compares the economic integration processes of the European Union and the East Asian nations and comments on the possible reciprocal lessons, if any, that can be drawn to smooth the future paths of the two groups. The most relevant lessons on the EU side rely on strong institutionalization, structural policies, and the monetary union. Lessons from East Asia can be found in regional production networks, trade patterns, and the recent developments in financial cooperation. Both entities are presently facing difficult challenges to progress and growth.


2016 ◽  
pp. 115-122
Author(s):  
Tamás Köpeczi-Bócz ◽  
Mónika Lőrincz

Knowledge-intensive businesses sectoral nature of the operation and the specific attributes of the innovation life cycle processes, different needs and different needs induce. These features can also differentiate time that their activities when and what type of resources they require. The availability of capacity in terms of a network co-benefits for those businesses that are creating the possibility that such resources are available to ensure the realization of goals that are not individually owned. These factors and the availability of local availability is also motivated by the small and medium enterprises willingness to cooperate. Regional supply of resources necessary for the operation of the business of insurance, universities play a key role. The functions of universities in innovation as a business service can be understood as an activity that mediate high added value to other organizations and companies. Questions arise as to the innovative nature of the business industry and sector weights would differentiate whether the R&D&Iintensive areas of expertise.


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