SMEWG Resources

Chinese Taipei

APEC Accelerator Network for Early-Stage Investment (SME 01 2014)

This project provided a mentorship-driven platform for start-ups to connect with the trusted partners and smart money in APEC. There were over 90 start-ups selected as finalists of APEC Challenge and secured totally over 50 million USD early-stage investments since 2013. The conclusion was that the next steps to further facilitate SME’s growth and access to regional and global market are: (i) to optimize the conducive innovation environment; (ii) to enhance digital competitiveness; and (iii) to capitalize on O2O opportunities for innovative start-ups and SMEs through PPP.

APEC Accelerator Network for Early-Stage Investment (SME 01 2014)

This project provided a mentorship-driven platform for start-ups to connect with the trusted partners and smart money in APEC. There were over 90 start-ups selected as finalists of APEC Challenge and secured totally over 50 million USD early-stage investments since 2013. The conclusion was that the next steps to further facilitate SME’s growth and access to regional and global market are: (i) to optimize the conducive innovation environment; (ii) to enhance digital competitiveness; and (iii) to capitalize on O2O opportunities for innovative start-ups and SMEs through PPP.

APEC Online-to-Offline (O2O) Initiative: Enhancing SME Digital Competitiveness and Resilience Towards Quality Growth

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.

APEC Online-to-Offline (O2O) Initiative: Enhancing SME Digital Competitiveness and Resilience Towards Quality Growth

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.

APEC Online-to-Offline (O2O) Initiative: New Era of Growth for APEC SMEs through O2O Business Models

This project aims to provide a cross-border platform to modernize and facilitate SME’s participation in global value chains. Strong public-private partnership is the key making this project successful. Under this project, 5 serial O2O events has been held in Chinese Taipei, Viet Nam and Peru with the focus on the 4 main O2O innovation areas, namely, “Mobile Commerce”, “Sharing Economy”, “Collaborative Industry” and “NexGen Innovation”. An “APEC Guidebook on SME O2O” was published in November 2016.

APEC Online-to-Offline (O2O) Initiative: New Era of Growth for APEC SMEs through O2O Business Models

This project aims to provide a cross-border platform to modernize and facilitate SME’s participation in global value chains. Strong public-private partnership is the key making this project successful. Under this project, 5 serial O2O events has been held in Chinese Taipei, Viet Nam and Peru with the focus on the 4 main O2O innovation areas, namely, “Mobile Commerce”, “Sharing Economy”, “Collaborative Industry” and “NexGen Innovation”. An “APEC Guidebook on SME O2O” was published in November 2016.

APEC SME Online-to-Offline (O2O) Initiative: Enhancing SME Digital Competitiveness and Resilience Towards Quality Growth

Main activities of this initiative: 1) Establishing the O2O Expert Network and providing policy recommendations; 2) Publishing the APEC SME Guidebook & Monitor; 3) Holding 1 Summit and 7 Training Workshops and Fora providing the training, networking and showcasing opportunities, to assist SMEs to turn opportunities into business and enhance their digital resilience toward quality growth in APEC.

APEC Start-ups Accelerator Initiative: APEC Accelerator Network

Chinese Taipei reported on the updated results of the project which brought together 19 economies and over 500 participants in collaboration and partnership with various leading international organizations and enterprises. It also briefed on the outcomes of the two phases of the projects and what would be expected in the next stage.

APEC Symposium on Enhancing SME Capacity of Managing the Risks Associated with Trade Liberalization

Chinese Taipei reported on the symposium held on 16th and 17th of August, 2011 with the survey results conducted by the SME Crisis Management Center. The report identified key enhancing measures and issues for SMEs to enhance their capacity for trade liberalization.

Assistance for SMEs in Green Trade

Chinese Taipei shared its practice on assisting SMEs in green trade, e.g. creating consultation platform, enhancing green competitiveness and integrated promotion and marketing.

Business Environment and Internationalization Strategy of Chinese Taipei’s Private Sector: Case of New Deantronics, Ltd.

Chinese Taipei presented the case study of Deantronics Ltd. which develop, manufacture and distribute medical devices in terms of its growth and internationalization.

Credit Guarantee Mechanisms for Promoting SME Financial Inclusion

Chinese Taipei shared practices of credit guarantee mechanisms established to channel loans from banking sector to SMEs and promote SME financial inclusion. In addition to regular credit guarantee programs for SMEs, Small and Medium Enterprise Credit Guarantee Fund (SMEG) also cooperated with central/local governments to offer some preferential credit guarantee programs in conjunction with the “Counterpart Guarantee.”

Enhancing SMEs in Global Value Chains: From Manufacturers to Solution Providers

Chinese Taipei shared their experience in promoting SMEs in GVCs through turning from manufacturers into solution providers in terms of recycling PET bottles to functional textile. Companies transformed PET into technical fibre and established their own brands of sporting goods which attached to environment-friendly products. A specific case study is the S.Café® series with the growth of 22% CAGR in 2009-2013 and co-brand with international firms.

Enhancing SMEs in Global Value Chains: From Manufacturers to Solution Providers

Chinese Taipei shared their experience in promoting SMEs in GVCs through turning from manufacturers into solution providers in terms of recycling PET bottles to functional textile. Companies transformed PET into technical fibre and established their own brands of sporting goods which attached to environment-friendly products. A specific case study is the S.Café® series with the growth of 22% CAGR in 2009-2013 and co-brand with international firms.

From SMEs to Hidden Champions by Innovation and Networking with Leading Multinational Corporations (MNCs) – The Case of Chinese Taipei

Best practices in industrial development, specifically the fastener industry. The competitiveness of the fastener industry in Chinese Taipei is facilitated by SMEs industrial clusters which makes them the 3rd largest exporter in the world. Chinese Taipei highlighted how one successful fastener industry firm grew from a SME to a MNC in 30 years.

From SMEs to Hidden Champions by Innovation and Networking with Leading Multinational Corporations (MNCs) – The Case of Chinese Taipei

Best practices in industrial development, specifically the fastener industry. The competitiveness of the fastener industry in Chinese Taipei is facilitated by SMEs industrial clusters which makes them the 3rd largest exporter in the world. Chinese Taipei highlighted how one successful fastener industry firm grew from a SME to a MNC in 30 years.

Global SME and Corporate Innovation Survey 2017

Both SMEs and large corporations are being disrupted by radical changing business models and digital transformation. Corporate innovation instruments become extremely critical for corporations to stay competitive. However, many SMEs don't have sufficient R&D budgets to invest in innovation. The concept of "Open Innovation" - working with innovative startups "MSMEs" - is one way to mitigate and overcome this deficiency. However, studies show that around 70% - 90% of all innovative MSME integrations with corporations failed. Now more than ever, success in corporate innovation is linked to successful integration of MSMEs / startups into APEC-based SMEs and corporations.

Website

Guidelines on the Best Licensing Practices of Collective Management Organisations (CMOs) to MSMEs

Collective management organizations (CMOs) are a crucial part of the supply chain of the entertainment, creative, and business industries that cover all audio and video works. With the advancement of digital technologies, it has become even more important for CMOs to establish an efficient and accessible licensing model and bring down licensing costs when authorizing to MSMEs, thereby improving the effectiveness of goods and services while creating new values in the industrial sector, which would be a crucial element to boost industrial growth.

Chinese Taipei proposes the "Guidelines on the Best Licensing Practices of Collective Management Organizations (CMOs) to MSMEs" project. By sending out a questionnaire to all APEC economies, carrying out analysis, conducting in-depth follow-up interviews with chosen economies with successful licensing models, and holding workshop, Chinese Taipei intends to compile and publish a booklet on the best licensing practices of CMOs to MSMEs, which can serve as a highly practical and effective reference tool for CMOs, licensing practitioners, and government agencies in the APEC region.

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Guidelines on the Best Licensing Practices of Collective Management Organisations (CMOs) to MSMEs

Collective management organizations (CMOs) are a crucial part of the supply chain of the entertainment, creative, and business industries that cover all audio and video works. With the advancement of digital technologies, it has become even more important for CMOs to establish an efficient and accessible licensing model and bring down licensing costs when authorizing to MSMEs, thereby improving the effectiveness of goods and services while creating new values in the industrial sector, which would be a crucial element to boost industrial growth.

Chinese Taipei proposes the "Guidelines on the Best Licensing Practices of Collective Management Organizations (CMOs) to MSMEs" project. By sending out a questionnaire to all APEC economies, carrying out analysis, conducting in-depth follow-up interviews with chosen economies with successful licensing models, and holding workshop, Chinese Taipei intends to compile and publish a booklet on the best licensing practices of CMOs to MSMEs, which can serve as a highly practical and effective reference tool for CMOs, licensing practitioners, and government agencies in the APEC region.

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MYP: Improving Natural Disaster Resilience of APEC SMEs to Facilitate Trade and Investment

Chinese Taipei reported the progress of the project. Two workshops had been held and their main findings were (1) supply chain risk management is essential for supply chain resilience (2) micro insurance could be a solution to mitigate the risks of business continuity (3) innovative mechanisms are substantial to enhance disaster’s resilience of SMEs.

New Era of Growth for APEC SMEs Through Online -to- Offline Business Models

According to Chinese Taipei, with the rapid development of mobile internet, the fast integration of e‐

commerce and mobile payment technology, O2O (Online‐to‐Offline) is rapidly becoming a new business mode with huge market potential in the APEC region. Chinese Taipei and the Philippines are co‐proposing the APEC project of “New Era of Growth for APEC SMEs through O2O” in cooperation with top e‐commerce platforms to scale up their local business; collect at least

20 best practices of O2O from 10 APEC economies

New Era of Growth for APEC SMEs Through Online-to-Offline (O2O) Business Models (SME 02 2015)

In response to Leaders and Ministers’ instruction on promoting digital access for SMEs, the O2O initiative is designed with a 4-year framework and the 4 solid pillars to involve the private sector, international organizations such as ICC and OECD, other APEC fora and the SMEWG.

New Era of Growth for APEC SMEs Through Online-to-Offline (O2O) Business Models (SME 02 2015)

In response to Leaders and Ministers’ instruction on promoting digital access for SMEs, the O2O initiative is designed with a 4-year framework and the 4 solid pillars to involve the private sector, international organizations such as ICC and OECD, other APEC fora and the SMEWG.

The Strategy of Promoting Born - Global and High- Growth SMEs

Chinese Taipei presented on the role of SMEs as the backbone of their economy. Born Global SMEs represented a significant presence among them. Chinese Taipei was trying to realign policies to direct resources towards high growth SMEs, promoting Born Global SMEs, as well as prolonging their stage of high growth.

Thailand

Discussion Guide on Venture Capital

The Venture Capital breakout session was entitled “Venture Capital: Promoting a Financing Solution for APEC SMEs.” Discussion focused on four broad problem areas confronting APEC SMEs. It was concluded that a number of activities might be designed to address these issues, including seminars on incentives for international VC investors; networking for VC investors; SMEs, and policy makers; and coaching for SMEs on successfully attracting VC.

Financial Literacy for SMEs and Entrepreneurs

In Thailand, many mid- and lower-income workers and SME employees were not properly educated in personal financing and lacked the skills needed to manage their household incomes and budgets. Particularly at risk were women who had little or no income and had difficulty making ends meet, and women in short duration, high-risk, high-paying occupations. Thailand, in close cooperation with the Citi Foundation and the Kenan Institute Asia, had worked to resolve this. Then in its sixth year, the project had reached out to women and SMEs through financial literacy programs.

Promoting Innovation Seminar: How Smart IPR Policies Can Encourage Small, Medium and Micro-Enterprises’ Research and Development

Thailand informed about the APEC Promoting Innovation Seminar scheduled on September 17th and 18th in Bangkok. Its objectives included crafting policy ideas and recommendations on how SME agencies could assist SMEs going through the IP process.

Promoting Innovation Seminar: How Smart IPR Policies Can Encourage SMME Research and Development

The workshop on Promoting APEC SME Innovation through Smart IPR Policy was held on 17 – 18th September 2014 in, Bangkok, Thailand. The main objectives were to foster discussion on the needs of SMEs with regards to national IPR systems so that future policy‐making could better benefit SMEs’ innovation and growth, and to produce a list of specific recommendations of policy initiatives that governments could take to improve their IPR systems and promote SMME innovation.

Riding the Wave of the E-Commerce Trend: Emerging and Expanding Business Option for MSMEs

Advances in e-commerce accessibility have greatly reduced barriers inhibiting MSMEs from building online customer bases, whilst providing more inclusive MSME opportunities. To empower MSMEs to take advantage of online resources, the project will present latest e-commerce trends, demonstrating how MSMEs can benefit from third-party selling platforms, tailored distribution services, e-finance and payment mechanisms, and evolving online consumer habits to foster business expansion opportunities. A two-day event will enable MSME owners, entrepreneurs, and policymakers to learn from and network with speakers including successful e-commerce entrepreneurs, logistics and e-commerce payment experts, third-party platform providers, and government representatives, through interactive presentations and moderated panel discussions. This project will support the business environment, market access, and internationalization priority areas by identifying what MSMEs need to better access the digital economy and increase participation in global markets, and developing recommendations and best practices for use by APEC member economies in developing policies to support MSMEs.

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SMEs’ Role Model: Thailand Case Studies

Thailand presented the cooperation model between the Office of SMEs Promotion and the Stock Exchange of Thailand in identifying and incubating SMEs which have high potential to raise fund and be listed in the Market for Alternative Investment (MAI) or the stock market for SMEs. It highlighted two SMEs companies in non-hi-tech sector that had got access to MAI.

These two SMEs role models represent which rose from being micro enterprise to larger firms with international presence through the opportunity to raise fund in the stock market