OECD Studies on SMEs and Entrepreneurship SME and Entrepreneurship Policy in the Slovak Republic
This report presents the findings and recommendations of the OECD review of SME and Entrepreneurship Policy in the Slovak Republic. It examines how to address the challenges of stimulating more productive entrepreneurship, supporting enterprise scale-up, stimulating SME exports and global value chai...
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| Formato: | Libro electrónico |
| Idioma: | Inglés |
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Paris :
OECD Publishing
2021.
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| Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009704623306719 |
Tabla de Contenidos:
- Intro
- Foreword
- Acknowledgements
- Abbreviations and acronyms
- Basic statistics of the Slovak Republic
- Executive summary
- Key findings
- Enterprise scale up and innovation should be key policy priorities
- Regulatory constraints and high labour taxation are affecting SME growth and hiring
- Stronger leadership and co-ordination of SME and entrepreneurship policy are needed
- SMEs lag on digitalisation
- Policy for entrepreneurship should be inclusive across regions and populations 1. SME and entrepreneurship policy in the Slovak Republic
- overall assessment and recommendations
- SME and entrepreneurship performance in the Slovak Republic
- The Slovak economy has a relatively large share of micro firms
- The Slovak economy has very high business dynamism
- SME productivity is low and stagnant or falling
- Relatively few small firms export or innovate
- Entrepreneurship rates are high
- Policy recommendations
- The business environment for SMEs and entrepreneurship
- Macro-economic conditions have been favourable but COVID-19 is having a severe impact on SMEs Regulatory reforms need to be continued
- The innovation system does not favour SME innovation
- SME development is hindered by skills shortages
- Some transport and digital infrastructure gaps need to be addressed
- Relatively high social security payments may hinder small firm growth
- Equity finance and alternatives to debt finance are limited
- The spillovers from trade and foreign direct investment openness are currently limited
- Policy recommendations
- Regulatory environment
- Innovation and R&D
- Education/skills
- Taxation
- SME access to finance Trade and foreign direct investment
- Strategic framework and delivery arrangements for SME and entrepreneurship policy
- There is no overarching SME and entrepreneurship policy document
- SME and entrepreneurship policy lacks a lead unit, a cross-government co-ordination mechanism and an SME advisory council
- A policy portfolio examination would help assess the mix of spending
- Use of business identification number information could support evaluation
- A connecting hub would strengthen the policy delivery system
- Policy recommendations
- SME and entrepreneurship programmes A business diagnostic tool and client management approach would strengthen business development services
- SME innovation support should include actions to strengthen university-SME links
- Internationalisation programmes are at a basic level
- Entrepreneurship training and skills programmes lack a co-ordinated approach
- New sector skills councils and changes to the dual training system are strengthening SME skills
- Access to finance programmes are now supporting a wider range of instruments
- The Office for Public Procurement promotes SME participation.
