APEC SME Crisis Management Center
The APEC SME Crisis Management Center
was established to help SMEs bolster their crisis management capabilities. Put simply, SMEs have often found themselves unable to identify economic crises and risks before it is too late. The SME Crisis Management Center assists them in identifying crises and taking appropriate measures in response.
Taiwan played the leading role in creating the APEC SME Crisis Management Center. It proposed such a center at the 2009 APEC SME Ministerial Meeting and won unanimous support from the other APEC member economies. The 2009 APEC Leader Declaration underlined the importance of improving SME crisis management capabilities. The Center was established in Taiwan one year later, becoming the first APEC center in Taiwan.
The Center is led by Executive Director Dr. Robert Sun-Quae Lai and Deputy Executive Director Dr. David Hong. It employs 8-full time researchers from Taiwan and 10-part time researchers from other APEC member economies.
The Center conducts wide-ranging research to better understand and assist SMEs. It is currently conducting a survey on the status of Business Continuity Plans as part of a Multi-Year Project on Improving Natural Disaster Resilience of APEC SMEs.