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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