International

Entrepreneurship: Small and medium-sized firms are driving job growth, need more investment in skills and innovation

2019-05-20 15:47:00
newsbot by content-proivder.ch GmbH
Quelle: OECD

“We need a fundamental rethinking of SME and entrepreneurship policies to improve business conditions and access to resources, writes the OECD.

This will enable workers to have higher wages and greater productivity, as smaller employers harness major trends like digitalisation,” said OECD Secretary-General Angel Gurría, launching the report at the annual OECD Forum. “We need a renewed policy and measurement agenda to understand how countries, regions and cities can capitalise on their many diverse small businesses as drivers for inclusive and sustainable growth.”Governments have been proactive in their efforts to improve framework conditions and address size-related barriers for SMEs.

The 36 country profiles in the OECD SME and Entrepreneurship Outlook show that, in the OECD area, governments are focused on accelerating innovation diffusion to SMEs; ensuring SMEs keep pace with the digital transformation; engaging SMEs in upskilling; scaling-up innovation networks and MNE-SME linkages; and levelling the playing field in product markets, public procurement and ‘lead’ innovative markets. Small businesses are also benefiting from the strengthening of e-government services and from reforms undertaken in OECD countries aiming to lower administrative and tax burdens and enforce smart regulation..

Suche nach Stichworten:

Entrepreneurship Small medium-sized firms are driving job growth need more investment skills innovation



Top News


» Protocol of amendment to double taxation agreement (DTA) between Switzerland and United States of America enters into force


» Solutions for the future of nutritional research


» Taxation: Taxes on polluting fuels too low to encourage shift to cleaner, low-carbon, alternatives


» COMCO investigation against pharma suppliers


» Economy: Rising trade tensions and policy uncertainty weakening global growth