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    Comparative Study on Regulatory and Policy Frameworks for Promotion of Startups and SMEs in Japan, The Republic of Korea, Malaysia, and Thailand

    Wisuttisak, Pornchai | December 2020
    Abstract
    The vital factors which can facilitate the development of startups and SMEs in markets are appropriate regulatory and policy frameworks. However, there are differences in the frameworks that may contribute to different levels of development in startups and SMEs in Japan, the Republic of Korea, Malaysia, and Thailand. This paper thus focuses on a comparative study of these frameworks in order to identify possible challenges among the frameworks in those countries. The paper shows that governments in those countries adopt similar regulations and policies that help stimulate the creation of startups and SMEs. The paper presents a comparison of the frameworks in those four countries. The paper also reveals that there are challenges in the regulations and policies for startups and SMEs in Japan, the Republic of Korea, Malaysia, and Thailand.
    Citation
    Wisuttisak, Pornchai. 2020. Comparative Study on Regulatory and Policy Frameworks for Promotion of Startups and SMEs in Japan, The Republic of Korea, Malaysia, and Thailand. © Asian Development Bank Institute. http://hdl.handle.net/11540/12981. License: CC BY 3.0 IGO.
    Keywords
    Small Business Finance
    Trade Facilitation
    Trade
    Economic integration
    Regional Economic Integration
    Intraregional Trade
    Governance
    Good Governance
    Governance Approach
    Governance Capacity
    Governance Models
    Governance Quality
    Regional Policy
    Regional Perspectives
    Regional Government
    Regional Development
    Regional Cooperation
    Interregional Cooperation
    Small business
    Medium business
    Small to medium sized enterprises
    SMEs
    Economic planning
    Economic structure
    Growth policy
    Trade relations
    Trade policy
    Trade Regulations
    Exchange Rate
    Economic zones
    Protection
    Business Management
    Institutional
    Framework
    Business Ethics
    Regional Plans
    Project finance
    Development Bank
    Common Markets
    Incentives
    Crisis management
    Financial crisis
    Small business
    Business
    Economics
    Communication in economic development
    Restraint of trade
    International economic integration
    Trade blocs
    East-West
    Exchange rates
    Economic Zones
    Regional economics
    Economic forecasting
    Economic development projects
    Success in business
    Business
    Bureaucracy
    Cabinet system
    Common good
    Executive power
    Government
    Separation of powers
    Transparency in government
    Regional economics
    Community development
    Funds
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    Citable URI
    http://hdl.handle.net/11540/12981
    Metadata
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    adbi-wp1206.pdf (410.3Kb)
    Author
    Wisuttisak, Pornchai
    Theme
    Small Medium Business
    Governance
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise