SMEs and integration driving factors to regional and global value chains

Abstract

The principal objective of this paper is to unravel and assess current integration factors of SMEs to global value chains from the internationalization perspective and through an information exchange between suppliers and buyers. The paper analyses a situation of one-way integration mode and information flow and outlines an existing gap in SMEs management approach. In order to succeed on international markets, it is needed to build up a network of awareness and information exchange between major actors such as SMEs, public and business support institutions, academia and other players. The article relates the key attributes of factors directly connected to SMEs and integration as well as concentrates on how SME could benefit from a closer regional economic integration through information exchange.