SMEs, Entrepreneurship and Innovation

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Small firms are playing an ever-increasing role in innovation, driven by changes in technologies and markets. Some spin-offs and high growth firms are having remarkable success. However, the broad bulk of small firms are not capitalising on their advantages. This book explores how government policy can boost innovation by improving the environment for entrepreneurship and small firm development and increasing the innovative capacities of enterprises. Policy findings and recommendations are presented in three key areas: embedding firms in knowledge flows; developing entrepreneurship skills; and social entrepreneurship.  In addition, country notes present statistics and policy data on SMEs, entrepreneurship and innovation for 40 economies, including OECD countries, Brazil, China, Estonia, Indonesia, Israel, the Russian Federation, Slovenia and South Africa.

SMEs, Entrepreneurship and Innovation is part of the OECD Innovation Strategy, a comprehensive policy strategy to harness innovation for stronger and more sustainable growth and development, and to address the key global challenges of the 21st century.




The Innovative Economy Operational Programme 2007-2013 is the main vehicle in Poland for pursuing the objectives of the Lisbon Strategy. It provides the practical framework for allocating and distributing EUR 8.25 billion of EU structural funds over the seven-year period, some 95% of which is earmarked for Lisbon objectives. The programme is managed by the Ministry for Regional Development; co-financing from the Polish government brings the total to EUR 9.71 billion, amounting to nearly 0.5% of GDP per annum. It is hoped that another EUR 2.42 billion will be raised from other sources.


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