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Financing SMEs and Entrepreneurs 2014

An OECD Scoreboard

image of Financing SMEs and Entrepreneurs 2014

Start-ups and small firms continue to face significant obstacles to fulfilling their potential to innovate, grow and create jobs, particularly when it comes to obtaining access to finance. With its 13 core indicators of debt, equity and general market conditions, complemented by a review of government policy measures, Financing SMEs and Entrepreneurs 2014: An OECD Scoreboard documents these financing difficulties and monitors trends in 31 countries, along with government policy responses to deal with these challenges.

 

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Korea

SMEs constituted 99.9% of industrial enterprises in 2010, with the vast majority being micro enterprises employing up to nine employees (96.4% of enterprises). Small and medium enterprises accounted for another 3.5% of all enterprises. The large enterprises with more than 250 employees are only 0.1% of all enterprises.

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