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SME Policy Index: Eastern Partner Countries 2016

Assessing the Implementation of the Small Business Act for Europe

image of SME Policy Index: Eastern Partner Countries 2016

The SME Policy Index is a benchmarking tool designed for emerging economies to assess SME policy frameworks and monitor progress in policy implementation over time. The Index has been developed by the OECD in partnership with the European Commission, the European Bank for Reconstruction and Development (EBRD), and the European Training Foundation (ETF) in 2006.

For the Eastern Partner Countries, the assessment framework is structured around the ten principles of the Small Business Act for Europe (SBA), providing a wide-range of pro-enterprise measures to guide the design and implementation of SME policies based on good practices promoted by the EU and the OECD. It is applied to the Eastern Partner Countries for the second time since 2012.

The Index identifies strengths and weaknesses in policy design and implementation, allows for comparison across countries and measures convergence towards good practices and relevant policy standards. It aims to support governments in setting targets for SME policy development and to identify strategic priorities to further improve the business environment. It also helps to engage governments in policy dialogue and exchange good practices within the region and with OECD and EU members.

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Enterprise skills and innovation (Dimensions 8a and 8b) in Eastern partner countries

Skills and innovation are crucial drivers of firm productivity and SME growth in today’s knowledge-driven economy. Principle 8 of the Small Business Act provides the framework for analysing and evaluating innovation and enterprise skills policies in two areas. The first, building enterprise skills, has seen moderate progress since the 2012 assessment. National training needs analysis has been introduced and training to SMEs has been expanded. EaP countries now need to focus on sharpening SME training and support policies and institutions, including data collection, monitoring and evaluation, and quality assurance.

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