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Innovation and SME development : Korea's perspective and APEC cooperation

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  • Innovation and SME development
  • Nam, Sang-yirl
  • Korea Institute for International Economic Policy


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Title Innovation and SME development
Similar Titles
Sub Title

Korea's perspective and APEC cooperation

Material Type Reports
Author(English)

Nam, Sang-yirl

Publisher

[Seoul]:Korea Institute for International Economic Policy

Date 2005
Pages 14
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Economic Administration
Holding Korea Institute for International Economic Policy

Abstract

Various problems to SMEs and some ways to address those problems by improving the environment have already been discussed in series of fora, especially under the APEC SMEMM, SMEWG and consultations with business society. It is time to identify some common priorities among APEC member economies and to implement concrete measures. For domestic measures, APEC is an appropriate forum to identify best practices from preexisting domestic policy measures, especially, to promote SMEs’ innovation and external trade in member economies. Some examples are domestic infrastructure (HRD, technology, R&D, financing, and information) and supportive measures. For foreign trade related issues, APEC can be a focal point to identify impediments (especially specific to each member economy) and to find solutions collectively at APEC as a whole to pursue some collective and efficient solutions for problems previously regarded bilateral problems. (The rest omitted)