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.
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Exports increasingly rely on imports, that is to say intermediate goods and services. This means that they consequently rely on value added in the countries that manufacture inputs into their export goods and services. Trade in value added (TiVA) is an approach used to estimate a breakdown of the value added–by country and industry– to a good or service produced for export or consumed in the domestic economy.
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.
Governments should recognise tourism’s role as an essential driver of jobs and growth and boost their support for the sector. The industry today accounts for 4.7% of GDP and 6.0% of employment in the developed world, according to a new OECD report.
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.
Young firms play a crucial role in job creation but have missed out on many of the benefits of structural reforms of the past decade in OECD countries.