The Impact of Global Value Chain on the Performance on SMEs Special Reference on East Asian Countries

Abstract

The purpose of this study is to examine the impact of global value chain on the performance on SME’s mainly based on five research articles which relate to Indonesia, Thailand, Viet Nam and Sri Lanka published by Asian Development Bank Institute (2021). The said study is based on the empirical findings mainly carried through five research findings that relate to enhancing SME participation in global value chains. As this study was qualitative nature, it has been employed through secondary data and collects data through these five research findings and mainly consists with four countries data and firm level data which relate to SME performance. In terms of measuring the relationship use the descriptive analysis technique. This paper found that the SME’s participation and performance in GVCs limit by several factors and some factors limit in country policies and procedures. Moreover, this paper discussed the importance factors which enhance SMEs performance to participate GVCs. Hence this study has been significantly contributes to the existing knowledge explaining the need of SME’s for the economic growth and global value chain.