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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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Recent trends in SME and entrepreneurship finance

This chapter analyses trends in SME and entrepreneurship finance over 2007-12, based on data collected for the country scoreboards and information from demand-side surveys. A short overview of the global business environment sets the framework for the analysis of SME and entrepreneurship financing trends and conditions, focusing in particular on the changes which occurred in participating countries between 2011 and 2012. These recent developments are compared with trends over the crisis and early recovery stages. The pre-crisis year 2007 serves as a benchmark. The chapter concludes with an overview of government policy responses already taken to improve the access of SMEs and entrepreneurs to finance in light of recent developments.

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