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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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Italy

In recent years, Italy has made progress in opening up markets to competition, although there is still room to address regulatory bottlenecks which curb competition in professional services, lower barriers relating to state controls and improve efficiency of public administration. Italy’s Startup Act, launched in 2012, aims to create a favourable environment for innovative startups, including through “fast-track” and zero cost incorporation and simplified insolvency procedures. In 2018, the OECD evaluation of the Italian Startup Act showed that the policy has a sizable impact on start-up growth. In 2017, a three-year plan for the digital transformation of the public administration establishes a digital development model for enhancing efficiency in central and local administrations.

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