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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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Turkey

Improving the institutional and regulatory framework has been a key area of reform in Turkey, where administrative burdens are high relative to OECD levels. The review and simplification of legislations are part of the SME Strategy and are undertaken through various actions by the Prime Minister’s Office. The Reduction of Bureaucracy and Simplification of Legislation Initiative (BAMS) was launched in 2014 followed by a number of legislative amendments, changes in application processes, new online services and digitalised documents. In 2017-18, the procedures to create a business were simplified by removing the paid-in minimum capital requirement and the notarisation of company documents and legal books. The introduction of paperless transactions as part of the E-Government Strategy and Action Plan 2016-19 is also expected to streamline bureaucratic procedures for businesses and citizens.

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