Centre for Entrepreneurship, SMEs, Regions and Cities
Small, Medium, Strong. Trends in SME Performance and Business Conditions
SMEs and entrepreneurs play a key role in national economies around the world, generating
employment and income, contributing to innovation and knowledge diffusion, responding
to new or niched demands and social needs, and enhancing social inclusion. However,
SMEs are often more affected by business environment conditions and structural policies
than larger firms.
This report presents comparative evidence on SME performance and trends, and on a
broad range of policy areas and business environment conditions that are important
for small businesses. The analysis takes into account the multi-dimensionality of
SME policy objectives and the significant heterogeneity of the SME population, within
and across countries. Data and indicators on framework conditions are complemented
with information on recent policy trends in OECD countries. This publication addresses
a growing demand by governments for tools to monitor the business environment for
small and medium-sized enterprises, and benchmark the effectiveness of policies in
creating appropriate conditions for them to flourish and grow.