Best Practices

Market Access
2017
Title Description Year / Meeting / Workshop Presented Presentor
Assisting Women-Owned SMEs Access Global MarketsPDF icon 17_smewg44_021_r_0.pdf

Aimed at helping develop or improve Trade Promotion Organisations’ services to better support women-led SMEs access global markets. Phase one of the project in 2014/15 identified the barriers women exporters face and developed a set of best practices and lessons that can be adapted to the individual circumstances of APEC economies. In 2016 and 2017, in phase two of the project, Australia is providing assistance to targeted economies to address economy specific barriers.

2017/SMEWG44/021

Australia
APEC Online-to-Offline (O2O) Initiative: Enhancing SME Digital Competitiveness and Resilience Towards Quality GrowthPDF icon 17_smewg44_011.pdf

The project is identified as one of the existing efforts undertaken by APEC in promoting digital economy. Five O2O serial events held in Malaysia, Chinese Taipei, Viet Nam and the Philippines in 2017, expected to establish an expert network, formulate the APEC SME digital resilience training guidebook, enhance SMEs’ capabilities to seize digital opportunities and well prepare for the challenges via cross fora collaboration.

2017/SMEWG44/011

Chinese Taipei
APEC-Canada Growing Business PartnershipPDF icon 17_smewg44_023.pdf

Initiative funded by Canada that intended to foster economic growth and reduce poverty in APEC developing economies by building the potential of MSMEs and aspiring entrepreneurs. The initiative has 2 components: C$2M APEC MSME Sub-Fund and C$2.49M for research and training project under the coordination of Asia Pacific Foundation. Asia Pacific Foundation collaborates with APEC in the following areas: (i) Sharing best practices, (ii) Finding common points on project collaboration, (iii) Highlighting new ideas to explore and expand, (iv) Identifying common interests and build on them, (vi) Extending and complimenting other projects with common goals.

2017/SMEWG44/023

Canada
APEC SME Business Ethics Forum Medical Device and Biopharmaceutical SectorsPDF icon 17_smewg44_019.pdf

The 4th APEC Business Ethics for SMEs Forum to be held in Hanoi, Viet Nam on 7-8 September 2017. The goals of the forum include: (i) specialized capacity building mentoring to ensure all economies have relevant industry codes in place by 2020, (ii) increase the number of member economies with public-private framework agreements to facilitate high-standard ethical business practices across national health systems, and (iii) strengthen ethical business practices for distributors and other third party intermediaries as vital enterprises in the medical device and biopharmaceutical sectors.

2017/SMEWG44/019

The United States
2016
Title Description Year / Meeting / Workshop Presented Presentor Classification
Regulatory Reform – Case Studies on Improving the Business Environment for SMEsPDF icon 16_smewg42_006.pdf

The report includes four case studies which evaluate the role of regulatory reforms in creating a proper business environment supporting SMEs: 1) dedicated agencies to assist SMEs with growth, development, compliance and internationalization; 2) agencies and institutions that specialize in supporting SME finance; 3) regulatory tiering; and 4) SME-friendly Regulatory Impact Assessments (RIA).

2016/SMEWG42/006

Business Environment, Market Access
Study on Driving Economic Growth Through Cross-Border E-Commerce in APEC: Empowering Micro, Small and Medium Enterprises (MSMEs) and Eliminating BarriersPDF icon 16_smewg42_004.pdf

The 2015 APEC Business Advisory Council and USC Marshall School of Business report focused on engaging SMEs in cross-border e-commerce. They conducted first hand research across the 21 APEC economies to discover the enhancers and chokepoints unique to each economy. APEC and each member governments must focus to engage and support SMEs. An APEC wide framework addressing cross-border e-commerce is needed; sharing of best practices and pathfinder approaches is encouraged; and effort is required to help SMEs capacity build

2016/SMEWG42/004

APEC Public - Private Dialogue on Identifying and Addressing Difficulties and Challenges that Hinder SMEs from Taking Trade Benefits and Advantages of RTAs/FTAs in the Region (SME 06 2015T)PDF icon 16_smewg42_020.pdf

Recommendations from the Dialogue include:

Government agencies to act as facilitator; Look into new emerging SMEs, such as online business, social enterprises, services industry and tourism;Develop strategies to promote innovation and technology transfer to improve the competitiveness of SMEs; Best practices on innovation and entrepreneurship; he Internet is an important infrastructure to help SMEs do business and export. On this point, it is shared that APEC may develop a work plan to enabling the participation of SMEs in digital trade; Assess the impacts of FTAs/RTAs on agriculture.

2016/SMEWG42/020

Viet Nam
Promote SMEs’ Innovation in Viet Nam Agriculture SectorPDF icon 16_smewg42_031.pdf

SNE accounted for 97.5% of total enterprises in Viet Nam, but only 1% in the Agriculture, Forestry and Fishery sector. In the agriculture sector, SMEs’ innovation has an important role in various stages from inputs, production, post-harvest, processing and trading of agricultural products. In 2015, Viet Nam is one of the 14 outperforming economies among the middle-income group, one of the eight innovation achievers, and one of the 11 developing economies that are labelled “innovation outperformers”. Viet Nam also shared about their Government’s initiatives in promoting innovation and SME development, as well as about the five best practices SME innovation in the agriculture sector.

2016/SMEWG42/031

Viet Nam
Singapore’s Experience in Helping SMEs Build Innovation CapabilitiesPDF icon 16_smewg42_030.pdf

Singapore shared their experience about how innovation could help SMEs operate more efficiently and increase revenue. Singapore also explained its sectoral approach in developing innovation infrastructure and making intellectual property more accessible to SMEs. In addition, Singapore also pointed out how SMEs could partner larger companies to innovate and highlighted key emerging technology areas to look into in the coming years

2016/SMEWG42/030

Singapore
Entrepreneurship, Innovation and Digital Economy
2017
Title Description Presentor
APEC Online-to-Offline (O2O) Initiative: Enhancing SME Digital Competitiveness and Resilience Towards Quality GrowthPDF icon 17_smewg44_011.pdf

The project is identified as one of the existing efforts undertaken by APEC in promoting digital economy. Five O2O serial events held in Malaysia, Chinese Taipei, Viet Nam and the Philippines in 2017, expected to establish an expert network, formulate the APEC SME digital resilience training guidebook, enhance SMEs’ capabilities to seize digital opportunities and well prepare for the challenges via cross fora collaboration.

Chinese Taipei