Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/238563 
Year of Publication: 
2020
Series/Report no.: 
ADBI Working Paper Series No. 1206
Publisher: 
Asian Development Bank Institute (ADBI), Tokyo
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.
Subjects: 
regulations
policies
SMEs
Japan
Republic of Korea
Thailand
Malaysia
JEL: 
K23
K29
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Working Paper

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