Impact of Global Value Chain on the Performance of SMEs Article Review

This dissertation attempt to review the selected five research articles from Enhancing SME Participation in Global Value Chains: Determinants, Challenges, and Policy Recommendations Asian Development Bank which has examined the factors that determine SMEs’ participation in Global Value Chains(GVC)s, identifies the obstacles faced and provides recommendations for SMEs and governments for facilitating GVC participation by analyzing four Asian countries with diverse characteristics including Sri Lanka, Thailand, Indonesia, and Vietnam. The narrative method is used to analyze an international comparison of the level of GVC participation among the sample countries for the purpose of giving the reader a comprehensive overview of the topic and to highlight significant areas of research, can help to identify gaps in the research and help to refine and define research questions. The findings and discussions show that the studies are recommended and highlighted that boosting technological capability and attracting foreign investment is crucial for the development of SME's participation in GVCs. The recommended and discussed governments priority areas include enhancing the quality of education, infrastructure, logistics, and governance, increasing the availability of financial and technical assistance, disseminating information on foreign markets, and establishing an open environment for trade and foreign direct investment.End of this review it was highlighted that some limitations on selected studies such as outdated secondary data, demographical limitation of sample, inadequate sector /areas selection on analysis, and some weaknesses in using qualitative and quantitative methods beyond the researchers' control. Eventhough, these five studies providing strong and better platform for future studies based on SME's participation in GVCs at the international level and an international level of comparison among the selected Asian countries