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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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Hungary

The complexity of the Hungarian institutional and regulatory environment affects SMEs and has been a major target for reform. Also, Hungary ranks poorly for digital public services. The Public Administration and Public Service Development Strategy (2014-20) aims to reform administrative procedures. Initiatives include the expansion of online cash registers connected to tax authorities for services and business activities mainly provided by SMEs. The government is planning to create an Enterprise Web Portal as a single entry point to all public support programmes to SMEs. In 2018, a digital post service for businesses was introduced to facilitate the dialogue between government and businesses.

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