T20 Indonesia 2022 Policy Brief: Global Value Chain Inclusivity And Digital Entrepreneurship

Erkko Autio, Mohamad D. Revindo (), Yothin Jinjarak, Éva Komlósi, Donghyun Park, Cynthia Petalcorin, Dandy Rafitrandi (), Yoshua Caesar Justinus, Willem Smit, László Szerb, Shu Tian and Mónika Tiszberger
Additional contact information
Erkko Autio: Imperial College
Mohamad D. Revindo: Institute for Economic and Social Research, Faculty of Economics and Business, Universitas Indonesia (LPEM FEB UI)
Éva Komlósi: Faculty of Business and Economics, University of Pécs
Cynthia Petalcorin: Asian Development Bank
Yoshua Caesar Justinus: Institute for Economic and Social Research, Faculty of Economics and Business, Universitas Indonesia (LPEM FEB UI)
Willem Smit: Asia School of Business, Fulbright University Vietnam
Shu Tian: Asian Development Bank
Mónika Tiszberger: Faculty of Business and Economics, University of Pécs

No 202201, T20 Indonesia 2022 Policy Brief from LPEM T20 Indonesia

Abstract: The speed of digitalisation is accelerating, but not everywhere at the same pace. Widening digital divides, between and within countries, may disproportionally harm local small and medium sized enterprises (SMEs) in digitally lagging host markets. Without proper policies, these actors, important for their local economies, could be denied access, dismissed from or downgraded in their participation in digitalised global value chains (GVCs). This policy brief reviews the literature and analyses entrepreneur-level, national-level and international trade-dyadic data to provide 11 evidence-based policy recommendations aimed at enhancing GVC inclusivity through (1) supra-national level alignment, (2) country-level policy adjustments and (3) firm-level interventions to stimulate digital entrepreneurship among SMEs.

Keywords: gvc; —; t20; —; global; value; chain; —; digital; entrepreneurship; —; smes; —; small; and; medium; sized; enterprises (search for similar items in EconPapers)
Date: 2022-01, Revised 2022-01
New Economics Papers: this item is included in nep-ent, nep-int, nep-sbm and nep-sea
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