indirect exporting

Mr. Naoyuki Haraoka's picture

SMEs Can Benefit from Globalization through Indirect Exports

Many anti-globalization activists doubt small and medium enterprises (SMEs) can profit from economic globalization given their competitive disadvantages versus multinational enterprises (MNEs). The good news for SMEs is that MNEs building global supply chains for products such as home electronics or electric appliances will need parts and components from SMEs to achieve competitiveness since many key components are made by SMEs.