Enhancing the Competitiveness of Women-led MSMEs in the Garments and Textile Sector through Innovation and Entrepreneurship

218_SME_Enhancing the Competitiveness of Women-led MSMEs in the Garments and Textile Sector
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Enhancing the Competitiveness of Women-led MSMEs in the Garments and Textile Sector through Innovation and Entrepreneurship

Publication Number

APEC#218-SM-04.4

Published Date

October 2018

Type of Publication

Proceedings

Publications Under

SOM Steering Committee on Economic and Technical Cooperation(SCE), Small and Medium Enterprises(SMEWG)

Accessed

427

Pages

53

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Description

This report summarises the outcomes of the workshop and best practices forum, Enhancing the Competitiveness of Women-led MSMEs in the Garments and Textile Sector through Innovation and Entrepreneurship, held in the Philippines in April 2018. The event was attended by 88 participants from 12 APEC member economies.

Discussions during the workshop and forum revealed that while some APEC economies are at the forefront of the textile and garment global industry, and research and development activities in these economies are advanced, some APEC economies have been experiencing a decline due to lack of competitiveness and fragmentation in the supply chain, resulting to a great deal of closures and job losses. Considering the importance of the garments and textile industry, the forum recommends continuous engagement in upgrading entrepreneurial skills and improving quality and efficiency in production.