Better policies for SMEs to scale up and go global

摘要

Many OECD countries are seeking to scale up the performance of small and medium-sized enterprises (SMEs). They already generate around 70% of total employment. On average, they account for 50-60% of gross value added in the OECD area, and more than 80% in countries such as Italy, Greece and Korea. SMEs range from local micro- enterprises to "bom global" technology leaders and firms whose raison d'etre from the moment they are founded is to operate internationally. How can policy better help them scale up and go global?