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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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Mexico

The framework conditions for SMEs and entrepreneurship have improved in recent years, thanks to broader reforms, as well as to a number of targeted initiatives. The creation of INADEM in 2013 aims to streamline SME policy regulations and increase transparency in funding allocation. In 2016, the government also created a new legal entity through the Commercial Corporations Law: the Simplified Actions Corporation (Sociedad por Acciones Simplificadas or SAS), which allows firms to be created within 24 hours through a digital platform, at zero cost.

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