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This paper builds common grounds for a future research agenda in the regional studies of evolutionary economic geography and global production networks. I put forward two 'troubling themes' of (geo)politics and heightened risks as the most disruptive forces in today's increasingly fragmented global economy and argue for their significance in regional studies throughout the post-pandemic 2020s. Massive global change through the reconfiguration of and strategic (de/re)coupling with global production networks will engender new path formation in regional transformation. In this analytical move from the global 'back again' to the regional, there are common questions on epistemology (causal explanations) and substantive issues (network/regional resilience, institutions/the state, inequalities/uneven development and new forms of regional policies) for both communities of researchers. [ABSTRACT FROM AUTHOR]

This paper examines cross-border investments by small and medium enterprises (SMEs) from member states in the Association of South-East Asian Nations (ASEAN). It explains this relatively under-researched topic from the perspective of SMEs' strategic coupling with or 'plugging into' regional production networks coordinated by global lead firms. Facilitated by growing regional integration, these SMEs create and capture significant value added from their involvement in these production networks. The paper first highlights the different drivers of SME-specific FDI activities in ASEAN that contribute to strengthening regional economic integration through intra- and inter-firm activities in the region. The paper then explains the working of their strategic coupling with ASEAN-based production networks through different coupling mechanisms, such as international partnership, industrial specialization and production platforms. The key challenges confronting SME regionalization are highlighted. Finally, the paper considers the policy and practice of promoting SME regionalization so that they can plug into the growth dynamics of different regional production networks. Key words: small and medium enterprises, regional production networks, strategic coupling, South-East Asia, 1. Introduction Global production has become much more organizationally fragmented and spatially dispersed since the 1990s. In its World Investment Report 2013: Global Value Chains: Investment and Trade for Development, [...]