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Enhancing the Role of SMEs in Global Value Chains

image of Enhancing the Role of SMEs in Global Value Chains

The globalisation of production processes characterises the current phase of globalisation. Participation in global value chains (GVCs) can bring stability to small and medium-sized enterprises (SMEs) and allow them to increase productivity and expand their business. This OECD report identifies the ways in which governments, the business community, and international organisations can facilitate SMEs’ gainful participation in global value chains through policies, practices and targeted support programmes. It presents the findings of case studies carried out in five industries (the automotive sector, scientific and precision instruments, software, film production and distribution and tourism).

English

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Executive Summary

The globalisation of production has reached an unprecedented extent, with the production of goods and services increasingly fragmented across enterprises and countries. If large and multinational companies (MNEs) of OECD countries clearly lead this process, small and medium-sized enterprises (SMEs) – their traditional partners, suppliers or distributors – are confronted by the diverse opportunities and challenges that arise from the new production context.

English

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