Business dynamics – entry and expansion of successful businesses, and the contraction and exit of the least productive ones – are at the core of the creative destruction process, resource reallocation and productivity growth. To address these issues, the OECD has embarked on the Dynamics of Employment ("DynEmp") project.
The Korean innovation system is in many ways highly developed and has helped to underpin Korea’s rapid industrialisation. However, long-standing policy emphases on manufacturing and large firms are today in question. Structural problems - such as the relatively weak innovation performance of SMEs, a lagging services sector and limited domestic job creation among the industrial conglomerates - have led to a shift in policy
Building on concrete examples, this book explores emerging topics in innovation policy for more inclusive and sustainable growth.
Risk finance is essential for new ventures to commercialise new ideas and grow, especially in emerging sectors. Yet very little is known about the drivers and characteristics of risk finance in the green sector. This paper aims to fill this gap by providing a detailed description of risk finance in the green sector across 29 countries and identifying the role that policies might have in shaping high-growth investments.
Going abroad opens new markets for firms, and helps them to become more productive, innovative and ultimately more successful in their business. International investment is also the fuel that helps run the global economy’s engine. But these positive outcomes will only materialise if appropriate framework conditions are in place that allow all companies to compete in a fair and transparent manner, said OECD's Gurría in Beijing.
The OECD Centre for Entrepreneurship, SMEs and Local Development is pleased to invite you to a seminar to present and discuss the World Bank Flagship report “Latin American Entrepreneurs: Many Firms but Little Innovation”, featuring Julián Messina, Senior Economist, World Bank Latin American and Caribbean Studies.
Les pouvoirs publics doivent prendre conscience du rôle essentiel que peut jouer le tourisme en tant que moteur de l’emploi et de la croissance et approfondir le soutien qu’ils fournissent au secteur. La filière du tourisme représente aujourd’hui 4.7 % du PIB et 6.0 % de l’emploi du monde développé, selon un nouveau rapport de l’OCDE.
This OECD Review of Innovation Policy in Croatia offers a comprehensive assessment of the innovation system of Croatia, focusing on the role of government. It suggests that EU integration opens a window of opportunity for strengthening Croatia's science, technology and innovation systems, and recommends that Croatia improve governance, rebalance the innovation mix and do more to foster business innovation.
The last decade has seen considerable policy attention to the social economy and its contribution to employment, in particular as regards the inclusion and empowerment of vulnerable workers and the provision of appropriate working conditions.
This paper highlights the growth in support for financial instruments for seed and early-stage firms across OECD countries. These instruments include grants, loans and guarantee schemes, tax incentives and equity funds. This increased support is linked to the recent financial crisis and the growing concern about young firms’ access to finance.