Smart Entrepreneurship and Policies Translating to High-Growth SMEs
•Download as PPTX, PDF•
1 like•432 views
Launch of the SME Policy Index Western Balkans and Turkey 2016 - 28 April 2016, OECD, Paris, France: Panellists: - Mr. Valent Turkovic, OsijekWireless, Winner of the competition promoting social innovation in Croatia - The innovative mobile hotspot “Open Wi-Fi network for refugees” - Mr. Marco Marchese, Economist, CFE/SME, OECD - Presentation of a recent study on the high-growth SMEs - Ms. Katarina Obradovic Jovanovic, Assistant Minister, Ministry of Economy, Republic of Serbia - Successful examples of policies implemented in Serbia - Mr. Alan Paic, Head of the OECD Investment Compact, South East Europe Division, Global Relations Secretariat, OECD - Policy Frameworks promoting collaboration between business-academia-government and civil society
Recommended
Recommended
More Related Content
What's hot
What's hot (18)
Viewers also liked
Viewers also liked (6)
Similar to Smart Entrepreneurship and Policies Translating to High-Growth SMEs
Similar to Smart Entrepreneurship and Policies Translating to High-Growth SMEs (20)
More from OECDglobal
More from OECDglobal (20)
Recently uploaded
Recently uploaded (20)
Smart Entrepreneurship and Policies Translating to High-Growth SMEs
- 1. High-Growth SMEs Smart Entrepreneurship and Policies Translating to High-Growth SMEs 28 April 2016 co-funded by the European Union
- 2. 2OECD South East Europe Regional Programme Mr Alan Paic Head of the OECD Investment Compact, Global Relations Secretariat (SEE) Ms Katarina Obradović Jovanović Assistant Minister, Ministry of Economy, Republic of Serbia Mr Marco Marchese Economist at the OECD Centre for Entrepreneurship, SMEs and Local Development (CFE/SME) Mr Valent Turkovic Founder and CEO of Meshpoint 1. Panellists and moderator Mr Mario Cervantes Head of Secretariat for the OECD Working Party on Innovation and Technology Policy (TIP)
- 3. 2. Moderator 3OECD South East Europe Regional Programme Mr Mario Cervantes Head of Secretariat at the OECD Working party on Innovation and Technology Policy (TIP) Moderator for the High-Growth SMEs session #SMEPI: Promoting innovation policies for high-growth SMEs Smart entrepreneurship and policies translating to high growth
- 4. 3.1 Panellists 4OECD South East Europe Regional Programme Mr Valent Turkovic Founder and CEO of MeshPoint Winner of the OECD competition promoting social innovation in Croatia Presentation of the innovative mobile hotspot “Open Wi-Fi network for refugees” #SMEPI: Promoting innovation policies for high-growth SMEs Smart entrepreneurship and policies translating to high growth
- 5. 3.2 Panellists 5OECD South East Europe Regional Programme Mr Marco Marchese Economist at the OECD Centre for Entrepreneurship, SMEs and Local Development (CFE/SME) Presentation of a recent study on high-growth SMEs #SMEPI: Promoting innovation policies for high-growth SMEs Smart entrepreneurship and policies translating to high growth
- 6. 3.2 The profile of high-growth firms 6OECD South East Europe Regional Programme High-growth firms are young but “not that small” High-growth firms are innovative but not necessarily high-tech High-growth firms do not repeat themselves High-growth firms face major development challenges High-growth firms are affected by local conditions
- 7. 3.3 Panellists 7OECD South East Europe Regional Programme Ms Katarina Obradović Jovanović Assistant Minister Ministry of Economy, Republic of Serbia Presentation on successful examples of policies implemented in Serbia #SMEPI: Promoting innovation policies for high-growth SMEs Smart entrepreneurship and policies translating to high growth
- 8. 3.3 Panellists 8OECD South East Europe Regional Programme Improving business environment Direct support to SMEs 33 programs Over 130 mil EUR Boosting entrepreneurial spirit Government of the Republic of Serbia
- 9. 3.4 Panellists 9OECD South East Europe Regional Programme Mr Alan Paic Head of the OECD Investment Compact Global Relations Secretariat, South East Europe division (GRS/SEE) Presentation of Policy Frameworks promoting collaboration between business-academia-government and civil society #SMEPI: Promoting innovation policies for High-growth SMEs Smart entrepreneurship and policies translating to high growth
- 10. 10 Framework conditions Human capital • Education for innovation • Involving diaspora • Peer-to-peer learning / mentorship Infrastructure • Incubators and accelerators • Collaboration spaces • Science and technology parks Financial instruments • Public support • Non-public support Enabling environment Demand-side policies Promotion for innovation Community development 1 2 3 4 OECD South East Europe Regional Programme 3.4 Policy framework for innovation
- 11. 11OECD South East Europe Regional Programme 3.4 Triple Helix project
- 12. 12OECD South East Europe Regional Programme Mr Alan Paic Head of the OECD Investment Compact, Global Relations Secretariat (SEE) Ms Katarina Obradović Jovanović Assistant Minister, Ministry of Economy, Republic of Serbia Mr Marco Marchese Economist at the OECD Centre for Entrepreneurship, SMEs and Local Development (CFE/SME) Mr Valent Turkovic Founder and CEO of Meshpoint 4. Q&A – Open discussion Mr Mario Cervantes Head of Secretariat for the OECD Working Party on Innovation and Technology Policy (TIP)
- 13. Thank you! #SMEPI: High-growth SMEs Smart entrepreneurship and policies translating to high growth SMEs
Editor's Notes
- The empirical analysis by the OECD LEED Programme highlights that younger firms are more likely to be high-growth. As to the “business size” variable, high-growth firms tend to be of medium size rather than of very small size. In the UK the average high-growth firm trebled its size from 60 employees in 2005 to over 170 in 2008 (NESTA, 2009), in the Swedish region of Scania the initial mean number of employees in high-growth firms was 40 (Gabrielsson et al., 2014), while in the United States high-impact firms increased average employment from 65 employees to 209 employees between 1998 and 2002 (Acs et al., 2008). HGFs are more likely to be found in services and growth-oriented sectors, many of which belong to the services industry. At at a broader European level, where the main customers of surveyed high-growth companies in eight European countries are other companies (Empirica et al., 2013). Rapid growth is unpredictable, sporadic and of limited duration, which makes high-growth firms an elusive target group for policy makers. In fact, it can be argued that “high-growth” is a stage in the life of a business rather than a stable business target group. HGFs can be found everywhere, but LEED analysis quite clearly points to a stronger incidence of high-growth firms in capital regions and cities, which reflects wider business population trends as well as the preponderance of high-growth firms in the e services industry. Firms which experience rapid growth are faced with major development challenges, including in access to finance, leadership and management skills development and linkages to other entrepreneurs and investors.