Resources

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

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

Singapore shared its experience in building a vibrant e-commerce business environment. The growth of e-commerce market, especially in ASEAN, had brought about new opportunities for retailers. Singapore had developed 3 strategies - build enterprise e-commerce capabilities, strengthen infrastructure and network for economies of scale and help retailers capture e-commerce market potential. Government could support retailers by developing the digital infrastructure and facilitate retailer’s partnership with private sectors in developing e-commerce platforms. On the other hand, retailers had to strengthen its e-commerce capabilities and capture market opportunities presented by the established network of partners, especially in APEC.

Singapore shared its experience in building a vibrant e-commerce business environment. The growth of e-commerce market, especially in ASEAN, had brought about new opportunities for retailers. Singapore had developed 3 strategies - build enterprise e-commerce capabilities, strengthen infrastructure and network for economies of scale and help retailers capture e-commerce market potential. Government could support retailers by developing the digital infrastructure and facilitate retailer’s partnership with private sectors in developing e-commerce platforms. On the other hand, retailers had to strengthen its e-commerce capabilities and capture market opportunities presented by the established network of partners, especially in APEC.

Singapore updated on the APEC Business Fellowship and APEC Study on Export Technical Assistance models, and proposed that the APEC SME Research & Capability Development Centre project be re-scoped as a study of SME Internationalisation Best Practices to identify best practices for adoption by member economies.

Singapore reported on progress of activities under “market access and internationalization”

Singapore gave an update on APEC SMEWG initiatives relating to market access and internationalisation. Gaps identified in this area were i) SMEs’ lack of access to information on market opportunities; ii) need to enhance SMEs’ market development and promotion skills; and iii) need for more collaboration to identify and address barriers to SMEs’ full participation in international trade markets within the APEC region.

Singapore presented an update of the “Study on APEC SME Internationalisation Best Practices”. A workshop covering the results of the study on the four pilot economies (Chinese Taipei, Japan, Singapore and the United States) reviewed in phase one of the study was organized on 28 Sep 2010 in Gifu, Japan. The study would continue in the APEC-funded phase two with a scanning of the available programmes, comparison, gap analysis and solution development.

Singapore presented on the progress of the "APEC Study on SME Internationalization- Best Practices" initiated in 2010. Phase 1 & 2 of the project involving eight selected APEC economies had been completed. Phase 3 which studied the best practice models beyond the APEC region was in progress