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This project seeks to facilitate better understanding of how GVCs in software services is structured and where the opportunities and challenges are for SMEs' participation including smart factory cases; provide APEC Ministers and Leaders with a set of policy recommendations on how to promote SMEs' integration in software services GVCs addressing challenges and achieving sustainable growth and trade in the industry; help SMEs build capacity and develop strategy for effective integration into GVCs of the software services industry; and, identify business opportunities and difficulties for SMEs in the software services industry and help policy makers to reflect the difficulties.

Beneficiaries of this project include the public sector (government bodies and agencies), SMEs/MSMEs and related associations, multinational corporations, developing economies and academia.

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The study by Korea aimed to find out if PSU's model of the study ""SME Internationalization and Measurement" fit to Korean SMEs, what problems could arise in the course of measurement and data collection, and if there were any lessons to be considered for Korea's project. The study targeted 100 exporting/importing Korean SMEs in three industries such as electronics (including IT), automobiles/parts, and textile/apparel.