IDEAS home Printed from https://ideas.repec.org/p/phd/rpseri/rps_2019-05.html
   My bibliography  Save this paper

Obstacles of Philippine SMEs' Participation in Global Value Chains

Author

Listed:
  • Canare, Tristan A.
  • Francisco, Jamil Paolo S.
  • Labios, Jean Rebecca

Abstract

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. Findings indicate that Philippine SMEs are weakly linked to GVCs. The challenges and enablers can be grouped into five themes: (1) competition among countries in Southeast 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.

Suggested Citation

  • Canare, Tristan A. & Francisco, Jamil Paolo S. & Labios, Jean Rebecca, 2019. "Obstacles of Philippine SMEs' Participation in Global Value Chains," Research Paper Series RPS 2019-05, Philippine Institute for Development Studies.
    • Handle: RePEc:phd:rpseri:rps_2019-05
    as

    Download full text from publisher

    File URL: https://www.pids.gov.ph/publication/research-paper-series/obstacles-of-philippine-smes-participation-in-global-value-chains
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:phd:rpseri:rps_2019-05. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Aniceto Orbeta (email available below). General contact details of provider: https://edirc.repec.org/data/pidgvph.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.