OECD SME and Entrepreneurship Outlook 2019

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doi:10.1787/34907e9c-en

Cited by 140 publications

(105 citation statements)

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“…Despite their inherent strengths, SMEs face a range of sizerelated challenges in attracting and retaining qualified workforce and accessing finance (Beck & Demirguc-Kunt, 2006;Dundon & Wilkinson, 2018;Harvie et al, 2013). National and cross-country data also suggest that as compared with large companies, SMEs have lower productivity and wage levels, being more vulnerable to supply and demand shocks (OECD, 2019(OECD, , 2020. Thus, improvements in SME governance, aimed at reducing regulatory complexities and leveling the playing field, have been high on the policy agenda of many governments (OECD, 2019).…”

Section: Smes Across the World And In Armeniamentioning

confidence: 99%

“…This paper aims to make a contribution to the discussion in academic and policy circles by assessing the extent to which the employees of small and medium-sized enterprises (SMEs) have been affected by the crisis. As SMEs account for most of the private-sector employment and value added in both advanced and emerging economies (European Commision, 2019;OECD, 2019;World Bank, 2020), targeted public assistance to those businesses is crucial to post-crisis recovery.…”

Section: Introductionmentioning

confidence: 99%

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The impact of COVID-19 on small and medium-sized enterprises in Armenia: Evidence from a labor force survey

Beglaryan

Shakhmuradyan

2020

SBIR

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This paper assesses the impact of COVID-19 pandemic on small and medium-sized enterprises in Armenia. The analysis of representative nationwide survey data reveals that as compared with large-company employees, SME employees are more affected by the crisis, having been laid off or having reduced work hours and pay. Logistic regression results show that being employed by an SME doubles the likelihood of layoff and pay reduction. There is also support for the hypotheses that employees in sectors which allow for remote work, e.g., education and information and communication services, as well as those who have medium to high professional qualifications, have been less affected by the crisis. The findings call for more targeted government assistance to SMEs and low-skilled workers.

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Section: Smes Across the World And In Armeniamentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

The impact of COVID-19 on small and medium-sized enterprises in Armenia: Evidence from a labor force survey

Beglaryan

Shakhmuradyan

2020

SBIR

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“…Indeed some authors indicate blockchain as the next General Purpose Technology 9 . 9 A technical development is considered a "General Purpose Technology" when it presents the following properties: it can be improved overtime, it can become pervasive and it can open up the field for complementary innovations (Bresnahan and Trajtenberg, 1995[63]).…”

Section: Landscape Of Businesses Offering Blockchain-based Applicatiomentioning

confidence: 99%

Blockchain for SMEs and entrepreneurs in Israel

Bianchini¹,

Kwon²

2020

OECD SME and Entrepreneurship Papers

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The OECD is a multidisciplinary intergovernmental organisation of 36 member countries which engages in its work an increasing number of non-members from all regions of the world. The Organisation's core mission today is to help governments work together towards a stronger, cleaner, fairer global economy. Through its network of 250 specialised committees and working groups, the OECD provides a setting where governments compare policy experiences, seek answers to common problems, identify good practice, and coordinate domestic and international policies. More information available: www.oecd.org. ABOUT THE SMEs AND ENTREPRENEURSHIP PAPERS The series provides comparative evidence and analysis on SME and entrepreneurship performance and trends and on a broad range of policy areas, including SME financing, innovation, productivity, skills, internationalisation, and others. This paper is published under the responsibility of the Committee on Industry, Innovation and Entrepreneurship and the Working Party on SMEs and Entrepreneurship of the OECD (CFE/SME(2019)6/REV1), December 2019). This study has been conducted by the OECD Centre for Entrepreneurship, SMEs, Regions and Cities (CFE) at the request of the Small and Medium Business Agency (SMBA) of the Ministry of Economy and Industry of Israel and of Digital Israel National Bureau. OECD Working Papers should not be reported as representing the official views of the OECD or of its member countries. The opinions expressed and arguments employed are those of the author(s). This paper is authorised for publication by Lamia Kamal-Chaoui, Director, Centre for Entrepreneurship, SMEs, Regions and Cities, OECD. This document, as well as any statistical data and map included herein, are without prejudice to the status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any territory, city or area. The statistical data for Israel are supplied by and under the responsibility of the relevant Israeli authorities. The use of such data by the OECD is without prejudice to the status of the Golan Heights, East Jerusalem and Israeli settlements in the West Bank under the terms of international law.

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“…Multiple explanations for these trends are put forth in the literature, from mismeasurement issues to weakening innovation diffusion (Andrews, Criscuolo and Gal, 2016[2]; Keller, 2000 [3]). The OECD systematic analyses consistently point to negative productivity effects of insufficient investments, in particular in machinery and equipment (OECD, 2017 [4]; OECD, 2019 [5]). Business investments, in turn, critically depend on availability of financing.…”

Section: Table Of Contentsmentioning

confidence: 99%

The geography of Swedish SMEs’ investments

2020

OECD Regional Development Working Papers

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This paper advances our knowledge of the spatial determinants of productivity by empirically demonstrating one such mechanismclear differences along the urban-rural continuum in the sensitivity of SMEs' investments to own cash flow. Whereas the literature has established uneven availability of credit across space, the evidence on whether this translates into differences in actual business investments remains scarce. We answer this question in the context of Swedena highly digitalised country with low regional inequalities. We find that the world of financing is not yet flat for the majority of Swedish SMEs. Companies located in nonmetro regions are most dependent on own cash flow in their investments. The results hold for all firms, firms of different sizes, firms operating in lowend services, unaffiliated firms and those belonging to domestic corporations. In contrast, investmentcash flow sensitivity of firms operating in high-tech services and those belonging to a multinational enterprise does not differ geographically. On average, regional investment-cash flow sensitivity is lower in bigger, denser and more educated local labour market regions; it is higher in regions with greater concentration of SMEs.

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OECD SME and Entrepreneurship Outlook 2019

Cited by 140 publications

References 0 publications

The impact of COVID-19 on small and medium-sized enterprises in Armenia: Evidence from a labor force survey

The impact of COVID-19 on small and medium-sized enterprises in Armenia: Evidence from a labor force survey

Blockchain for SMEs and entrepreneurs in Israel

The geography of Swedish SMEs’ investments

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