Strengthening SMEs and Entrepreneurship for Productivity and Inclusive Growth PDF Download

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Strengthening SMEs and Entrepreneurship for Productivity and Inclusive Growth

Strengthening SMEs and Entrepreneurship for Productivity and Inclusive Growth PDF Author: OECD
Publisher: Org. for Economic Cooperation & Development
ISBN: 9789264967915
Category : Economic development
Languages : en
Pages : 0

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Book Description
SMEs that grow have a considerable positive impact on employment creation, innovation, productivity growth and competitiveness. Digital technologies and global value chains offer new opportunities for SMEs to participate in the global economy, innovate and strengthen productivity. Yet SMEs are lagging behind in the digital transition and are disproportionately affected by market failures, trade barriers, policy inefficiencies and the quality of institutions. A cross-cutting approach to SME policy can enhance SME innovation and scale-up, as well as their contributions to inclusive growth. This includes a business environment conducive to risk-taking and experimentation by entrepreneurs, as well as access to entrepreneurship competencies, management and workforce skills, technology, innovation, and networks.