Enhancing the role of SMEs in global value chains The globalisation of production processes characterises the current phase of globalisation. Participation in global value chains (GVCs) can bring stability to small and medium sized enterprises (SMEs) and allow them to increase productivity and expand their business. This OECD report identifies the ways in which governments the business community and international organisations can facilitate SMEs gainful participation in global value chains through policies practices and targeted support programmes. It presents the findings of case studies carried out in five industries (the automotive sector scientific and precision instruments software film production and distribution and tourism).