TY  - BOOK
AU  -  Francisco, Jamil Paolo S.  
AU  -  Canare, Tristan A. 
AU  - Labios, Jean Rebecca D. 
TI  - Obstacles of Philippine SMEs' participation in global value chains
T2  - Research paper series 
SN  - 1908-3297
KW  - Small business
KW  -  Philippines.
KW  -  Business logistics
KW  - Philippines.
N1  -  Includes bibliographical references (pages 31-34)
N2  - Small and medium enterprises (SMEs) play an   important   role   in   the   economy   of  many 
                            developing countries. In the Philippines, SMEs, including    microbusinesses,     account   for 99.5 
                            percent of firms and 63.2 percent       of      employment. However, this sector remains   much less 
                            productive than their large counterparts. One way to help SMEs achieve higher productivity is to 
                            connect them to global value chains (GVCs). There are, however, a number of obstacles that 
                            make participating in GVCs difficult for SMEs. This paper attempts to determine the challenges 
                            as well as the enablers of connecting SMEs to GVCs. It uses data from a survey of SMEs in 
                            Metro Manila and a set of key informant interviews (KIIs) of SME owners and officials of 
                            government agencies tasked to assist SMEs. Survey findings indicate that Philippine SMEs are 
                            weakly linked to GVCs. A thematic analysis of KII data suggests that challenges and enablers can 
                            be grouped into five themes: (1) competition among countries in the Association of Southeast 
                            Asian Nations and East Asia; (2) international standards, regulatory requirements, and local 
                            institutions; (3) role of the government and institutions; (4) adapting to changes in international 
                            market demand and input supply; and (5) entrepreneurial mindset and skills. Based on the results,  
                            some policy implications were formulated

UR  - https://www.pids.gov.ph/publication/research-paper-series/obstacles-of-philippine-smes-participation-in-global-value-chains
ER  -