What Factors Affect the Business Success of Philippine SMEs in the Food Sector?

---

This Policy Note discusses the success factors of small and medium enterprises (SMEs) in the food manufacturing and food service sector. It also provides implications on how SMEs can be assisted to achieve business success, thus, enhancing their capacity to engage in international trade. The results of the study show that marketing capability, network capability, firm age, and firm size positively influence the business success of small and medium food enterprises in the Philippines. Hence, SME development can be achieved by, among other things, improving the marketing and network capabilities through trade missions, international trade exhibitions, and export assistance.