1945

SME competitiveness within a regional context

In the 21st century, the potential of SMEs to connect to regional or global markets greatly depends on the extent of value chain activity within their proximity. Policies, institutions and private sector activity in neighbouring countries are therefore likely to be relevant. They determine the capacity of a region to attract lead firms, establish regional value chains or link suppliers to lead firms in other regions.

Related Subject(s): International Trade and Finance
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