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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The business environment is extremely SME-friendly in Denmark, that ranks above OECD median in many dimensions. The Implementation Council was introduced in 2015 to oversee the implementation of EU legislation into Danish law with a view of minimising extra expenses for SMEs. Moreover, the government strengthened an existing plan to reduce burdensome regulation for businesses and save up to EUR 533 million by 2020. All new pieces of legislation are also subjected to a Regulatory Impact Assessment (RIA) on compliance costs for businesses which includes an SME test.



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