Research on the International Growth of SMEs in Developing Countries in the Context of GVCs Division of Labor

Abstract

At present, economic globalization has become an important trend and characteristics of the world economic. Many small and medium enterprises (SMEs) in developing countries are going global by embedding themselves in global value chains (GVCs). However, the traditional way of simply integrating into the global value chain division of labor system, as well as the long-term lock at the lower end of the value chains has not changed. It also brings a series of unsustainable problems such as unbalanced coordination and excessive consumption of resources and environment in developing countries. This paper attempts to explore the causes of low-end localisation of SMEs in developing countries in the context of global value chain division, proposing to crack low-end locking related path selection, in order to provide some valuable thoughts for the healthy development of some SMEs in developing countries.