C. Financing SMEs

Opportunities for, and challenges of, internationalization for SMEs

Establishing an SME internationalization club could foster policy development and an environment that address the needs of SMEs.

(1) Training on Development of Small and Medium Enterprises

Opportunities and challenges of internationalization for small and medium sized enterprises

Special emphasis should be given to the development of small and medium sized enterprises.

In 2000, the micro enterprises training sector promoted training courses for small and medium entrepreneurs.

Improve the business climate for Small and Medium Enterprises.

The Africa Asia small and medium scale enterprise network supports the transfer and sharing of best practices in the promotion of small and medium scale enterprises policy and institutional reforms as well as capacity development to promote trade and investment.

This gap exists particularly for projects by small and medium sized entrepreneurs in Africa.

Support for small and medium size enterprise (SME) development (Empretec).

Small and medium enterprise support was a key priority in this programme.

(i) Advisory services on technology transfer for small and medium scale enterprises and national innovation systems

Mr. Toru Ueno, Principal Administrator, OECD Centre for Entrepreneurship, SMEs and Local Development (CFE), Small and Medium sized Enterprise (SME) and Entrepreneurship Division, OECD

FDI from SMEs has the potential to increase the international competitiveness of the SME sector in both home and host countries.

Also, going to the small business administration or getting SBlR grants also fit into the financing column.

In comparison to large firms, SMEs are more likely to develop linkages with local enterprises and supply productive inputs locally.

Measure Positive Actions in favour of women in Small medium sized Large Enterprises

SMEs facing abroad face several impediments and barriers. Problems exist within the firms themselves as well as in the host and home countries.

Not just large Chinese enterprises but SMEs too are investing abroad.

At the present time, small and medium sized enterprises (SMEs) and microenterprises constitute one of the most important sources of employment and income in Nicaragua.

Experts emphasized the importance of the SME sector for economic development.

The size of the more competitive and dynamic group of SMEs varies among developing countries.

SMEs investing abroad encounter a number of obstacles.

Linkages, value chains and outward investment Internationalization patterns of developing countries' SMEs.

Their small size simultaneously creates a need to be competitive to survive and provides them the agility to do so., SMEs are often at the leading edge of technological development and innovation.

UNIDO was now a household name among small and medium entrepreneurs in Tanzania.

Appropriate policies for internationalizing the SME sector in developing countries are therefore needed.

It is argued that OFDI from SMEs has the potential to increase the international competitiveness of the SME sector of both home and host countries.

Furthermore, in order to support SMEs proactively, the Government had created the National Agency for Private Investment (ANIP) with the purpose of facilitating foreign investment in the country and a national institute for the support of SMEs.

Work on enterprise development will focus on the role and development of small and medium sized enterprises and their contribution to the development process.

Larger enterprises from developing countries have internationalized more than SMEs in terms of transaction value.

SMEs active in foreign investment increased from 16 of total SMEs in 2000 to 37.6 in 2002 (OECD 2004).

Furthermore, most of the SMEs were not very technologically advanced.

For example, South Africa has made a commitment to contribute 300,000 towards the development of small and medium scale enterprises.

Global value chains as a way to upgrade the capabilities

Here, actions such as Positive actions for the promotion of equal opportunities between men and women in small medium sized enterprises and large enterprises and Integrated interventions in favour of women , are included.

UNCTAD (2004), Palestinian small and medium sized enterprises Dynamics and contribution to development . New York and Geneva United Nations.

Internationalization patterns of developing countries' SMEs

The most common investment form for SMEs is through partnership and networks with already existing local SMEs in the host country, especially in the form of joint ventures.

The monopolistic advantages of OFDI have improved due to increased innovative activities, brand acquisitions, growing size and improved efficiency on account of restructuring.

Indian equity participation was largely minority owned.

Many of the barriers that SMEs face are at the national level.

The special role of small and medium sized enterprises was noted by several speakers.

These constitute a relatively small fraction of SMEs but make a large contribution to the economy.