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.

English Also available in: French

Market conditions

Prevailing and expected market conditions are important determinants that shape firms’ decision making - whether they scale up or down – or whether new firms are able to enter the market. Firms adapt to market conditions through a range of strategies, e.g. innovation, competition, co-operation or collusion, which can alter market structure and the distribution of market power, with particular impacts on SMEs. This chapter presents recent developments in business conditions from a local, national and global perspective. It shows that although global market conditions for SMEs have improved in recent years, they are particularly exposed to slowing economic growth, trade tensions and retrenchments in global value chains (GVCs), and describes how digitalisation, specialisation and concentration are reconfiguring domestic markets. It also looks at the limited SME participation in public procurement. The chapter concludes with recent policy developments aiming to increase SME participation in GVCs and level the playing field in product markets, public procurement and lead markets, such as circular economy. The chapter gives a particular focus to subnational policy initiatives.

English Also available in: French


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