OECD Global Conference: Tokyo Action Statement

The last OECD Global Conference on ”Enhancing the Role of SMEs in Global Value Chains” held from 31 May to 1 June 2007 in Tokyo had as a main outcome the adoption of an Action Statement (http://www.oecd.org/dataoecd/44/31/38774814.pdf) which analyses how globalisation of value chains affects the role of SMEs as traditional partners, suppliers or distributors for large and multinational firms and recommends policy actions to support SMEs in becoming successful partners in global value chains. The Conference found that governments, multinational enterprises, business associations and international institutions could play a significantly greater role in assisting SMEs to enter and to rise to the challenges of active participation in global value chains.

The Tokyo Action Statement confirms that Governments, the business community, and international organisations can facilitate SME gainful participation in global value chains through policies, practices and targeted support programmes. These programmes identified are: Raising awareness of the opportunities for participating in global value chains; Increasing participation in global value chains through collective action and co-operation; Promoting the capacity for innovation by local SMEs; Enhancing SMEs’ value obtained from intellectual assets and intellectual property (IP); Facilitating the adoption of product quality and process standards. The Annex has examples of specific country/economy, and company and international organisations support programmes. http://www.the-convention.co.jp/tokyo-conference/