Innovation and creativity have long been hallmarks of the Czech Republic. After all, this is the country that invented the term “robot”, when Czech writer, Karel Čapek, coined the word back in 1921.
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Seven years after the global financial crisis, lending to US small businesses is still below the precrisis levels and credit conditions remain tight for many of these firms. A more diversified set of options for SME financing should continue to be pursued to support long-term investment and reverse the trend decline in the number of start-ups.
Volume II of this series compiles the science-based consensus documents of the OECD Task Force for the Safety of Novel Foods and Feeds from 2009 to 2014. They contain information for use during the regulatory assessment of food/feed products of modern biotechnology, i.e. developed from transgenic crops. Relevant information includes compositional considerations (nutrients, anti-nutrients, toxicants, allergens), use of the plant species as food/feed, key products and components suggested for analysis of new varieties for food use and for feed use, and other elements. These documents should be of value to applicants for commercial uses of novel foods and feeds, regulators and risk assessors in national authorities for their comparative approach, as well as the wider scientific community.
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The informal economy has proven an enduring problem in the developing world as much as in advanced economies such as those of the European Union. This Policy Brief was prepared by the LEED Programme of the OECD with the financial support of the European Commission, Directorate-General for Employment, Social Affairs and Inclusion.
Small and medium-sized enterprises are crucial for tracing new paths to more sustainable and inclusive growth, thanks to their role in providing employment. In the OECD area, SMEs provide the main source of employment and value creation, accounting for about 60 to 70% of employment and more than 50% of value added.
Small and medium-sized enterprises (SMEs) are fundamental for inclusive growth and jobs, but they need to broaden their sources of finance in order to reduce their vulnerability to volatile credit market developments, according to two new OECD reports.
Climate change and, more generally, environmental damage have quantifiable economic and health costs, which weigh on long-term growth and well-being. If left unchecked, climate change is projected to decrease global GDP by 0.7 to 2.5 % by 2060. At the same time, the costs to society of air pollution already appear substantial–equivalent to some 4% of GDP across OECD countries and even higher in some rapidly developing economies.
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The OECD Working Party on SMEs and Entrepreneurship (WPSMEE) project on “New approaches to SME and entrepreneurship finance: broadening the range of instruments” aims to help broaden the finance options available to SMEs and entrepreneurs.
This expert seminar aims to get a better understanding of the features, limitations and preliminary findings from the use of SIBs, and to a lesser extent, of DIBs in developing countries from a multidimensional and multi-stakeholder perspective.
The promotion of responsible business conduct has taken an important step forward with the launch of a new reporting framework. Businesses now have no excuse for not explaining how they’re meeting their human rights obligations.