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OECD Science, Technology and Industry Scoreboard 2011

image of OECD Science, Technology and Industry Scoreboard 2011

This tenth edition of the OECD Science, Technology and Industry (STI) Scoreboard builds on the OECD’s 50 years of indicator development to present major world trends in knowledge and innovation. It analyses a wide set of indicators of science, technology, globalisation and industrial performance in OECD and major non-OECD countries (notably Brazil, the Russian Federation, India, Indonesia, China and South Africa) and includes some experimental indicators that provide insight into new areas of policy interest.

For more information about the OECD STI Scoreboard, see www.oecd.org/sti/scoreboard.

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Firm size and dynamics

Business dynamics have a significant impact on an economy’s overall productivity growth, and this in turn affects a country’s ability to compete globally. There is mixed empirical evidence on the relation between firm size and business dynamics, but small and medium enterprises (SMEs) play a key role in all countries and are significant generators of employment and income. In the OECD area, SMEs employ more than half of the private sector’s labour force. In the European Union, they account for over 99% of all enterprises. SMEs employing between 1 and 9 persons, also called micro firms, represent more than 80% of all firms in most OECD countries.

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