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OECD SME and Entrepreneurship Outlook 2019

image of OECD SME and Entrepreneurship Outlook 2019

The new OECD SME and Entrepreneurship Outlook presents the latest trends in performance of small and medium-sized enterprises (SMEs) and provides a comprehensive overview of business conditions and policy frameworks for SMEs and entrepreneurs.

This year’s edition provides comparative evidence on business dynamism, productivity growth, wage gaps and export trends by firm size across OECD countries and emerging economies. It explores the implications of digitalisation and globalisation for market conditions and SME access to strategic resources such as finance, skills, technology, data and other innovation assets. The report gives comparative analysis of regulatory frameworks and policies to enhance contributions by SMEs and entrepreneurs, and delivers a forward-looking perspective on the opportunities and challenges SMEs and entrepreneurs face in doing business and scaling up their activities. It also contains country profiles outlining the latest developments in national SME performance and business conditions, with expanded country profiles available on line.

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Finland

Finland presents a business friendly regulatory environment by OECD standards, with strong insolvency framework and contract enforcement regime and relatively low tax compliance costs. On December 2015, the independent Council of Regulatory Impact Analysis was established at the Prime Minister's Office to improve the quality of new legislation and assess the impact of government proposals. The 2017 annual review of the Council revealed that the impact on enterprises represented the most common area for improvement in impact assessments in draft government proposals.

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