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Southeast Asian SMEs and Regional Economic Integration

Southeast Asian SMEs and Regional Economic Integration Journal of Southeast Asian Economies Vol. 34, No. 1 (2017), pp. 1–3 ISSN 2339-5095 print / ISSN 2339-5206 electronic DOI: 10.1355/ae34-1a Southeast Asian SMEs and Regional Economic Integration Cassey Lee, Dionisius Narjoko and Sothea Oum The economic importance of small and medium- (FTAs). The question that follows is then this: sized enterprises (SMEs) is widely recognized and Can manufacturing SMEs participate effectively acknowledged by researchers and policymakers in economic integration given the disadvantages in Southeast Asia. This is not surprising as SMEs they experience? It was with this question in mind typically account for about 97–99 per cent of that the Economic Research Institute for ASEAN total enterprises and 60–80 per cent of total and East Asia (ERIA) and ISEAS – Yusof Ishak employment in Southeast Asian countries (Lee Institute (ISEAS) collaborated to undertake a and Zhang 2016). Such statistics notwithstanding, research project to better understand the current SMEs are often viewed as suffering from many state of manufacturing SMEs’ participation in disadvantages compared to large firms in the economic integration. form of the lack of scale economies and resource The two-year project, henceforth the ERIA- constraints (Harvie 2015). In the theoretical and ISEAS project, involved the collection of http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png ASEAN Economic Bulletin Institute of Southeast Asian Studies

Southeast Asian SMEs and Regional Economic Integration

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Publisher
Institute of Southeast Asian Studies
Copyright
Copyright © The Institute of Southeast Asian Studies.
ISSN
1793-2831

Abstract

Journal of Southeast Asian Economies Vol. 34, No. 1 (2017), pp. 1–3 ISSN 2339-5095 print / ISSN 2339-5206 electronic DOI: 10.1355/ae34-1a Southeast Asian SMEs and Regional Economic Integration Cassey Lee, Dionisius Narjoko and Sothea Oum The economic importance of small and medium- (FTAs). The question that follows is then this: sized enterprises (SMEs) is widely recognized and Can manufacturing SMEs participate effectively acknowledged by researchers and policymakers in economic integration given the disadvantages in Southeast Asia. This is not surprising as SMEs they experience? It was with this question in mind typically account for about 97–99 per cent of that the Economic Research Institute for ASEAN total enterprises and 60–80 per cent of total and East Asia (ERIA) and ISEAS – Yusof Ishak employment in Southeast Asian countries (Lee Institute (ISEAS) collaborated to undertake a and Zhang 2016). Such statistics notwithstanding, research project to better understand the current SMEs are often viewed as suffering from many state of manufacturing SMEs’ participation in disadvantages compared to large firms in the economic integration. form of the lack of scale economies and resource The two-year project, henceforth the ERIA- constraints (Harvie 2015). In the theoretical and ISEAS project, involved the collection of

Journal

ASEAN Economic Bulletin – Institute of Southeast Asian Studies

Published: May 5, 2017

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