Entrepreneurship and the development of Small and Medium-Sized Enterprises (SMEs) are key drivers of economic growth and job creation. The OECD review series on Boosting Local Entrepreneurship and Enterprise Creation, of which this study is a part, examines the capacity of local economies to support successful new enterprise creation and the growth of small enterprises.

This report presents, for the first time a local ‘green growth’ indicator framework. This indicator framework was developed from the OECD ‘green growth’ strategy at the national level, but modified to highlight issues of transition that are most relevant for local areas.

The London Apprenticeship Campaign was launched in 2010 to boost the number of apprentices in London. It was developed as part of an ongoing policy focus to tackle long-standing skill shortfalls in the city, shortages which have been constraining employment, social opportunity and productivity.

Growth, Innovation And Competitiveness: Maximising The Benefits Of Knowledge-Based Capital

High-growth firms (HGFs) – firms able to grow fast over a short period of time – contribute to most new jobs in advanced economies.

This paper reviews the evidence on emerging thinking and new trends in the sphere of industrial policy. Using a broad and inclusive definition of industrial policy, it proposes a new typology based on the orientation of policy and the policy domain and a framework based on growth accounting, which parallels the evolution of thinking about the rationale for industrial policy interventions.

Access to finance remains a key challenge for small and medium-sized enterprises and a stumbling block to recovery in most countries, according to a new OECD report.

Participants in this multi-stakeholder meeting launched the Gold Implementation programme and advanced implementation of due diligence in the 3Ts supply chain to ensure that companies avoid contributing to conflict through their mineral or metal purchasing decisions and practices.

The recent scandal over the use of horsemeat in readymade meals that has shaken the entire European continent has revealed not only the complexity and opacity of our food supply chain, but also–and above all–the shortcomings of European food law.

As part of the OECD LEED project on university support for entrepreneurship in eastern Germany, undertaken in collaboration with the Federal Ministry of Regional Development, this handbook presents highlights of results of a series of case studies and a university survey.

Many areas like Manisa suffer from a local lack of sophisticated demand in terms of expressed SME requirements. This leaves considerable scope for demand and supply side initiatives set within KOSGEB’s framework that will assist in shaping intervention and promoting a coherent approach to SME development.

Global value chains (GVCs) have become a dominant feature of world trade and investment, offering new prospects for growth, development and jobs, according to a new joint report by the Organization for Economic Cooperation and Development (OECD), the World Trade Organization (WTO) and the United Nations Conference on Trade and Development (UNCTAD).

Most OECD governments use tax incentives to encourage businesses to invest in research and development (R&D) to boost innovation and drive economic growth. Others, like China, India and South Africa, are doing the same. But reforming these incentives would give countries a better return on their investment and support young innovative firms that play a crucial role in job creation, according to a new OECD report.

Finding new sources of growth right now is tough. And in a time of rising inequality, to do so equitably and fairly is even tougher. Innovation can help, but with budgets stretched to the limit how can governments boost innovation in their economies?

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.

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.

Participants in this multi-stakeholder meeting reviewed and discussed the implementation of the OECD Due Diligence Guidance and in the 3Ts supply chain to ensure that companies avoid contributing to conflict through their mineral or metal purchasing decisions and practices.

Jointly organised by the OECD and ESCAP, this conference focused on the role of governments in supporting and facilitating more sustainable and inclusive business practices in the Asia-Pacific region.

Jordan has become the 46th country to adhere to the OECD Declaration on International Investment and Multinational Enterprises. This adherence bears witness to the determination that Jordan holds towards strengthening the liberalisation of investment, increasing its integration into the world economy and promoting responsible business conduct.

This conference focused on recent reforms undertaken by the government to improve the investment climate in Myanmar, and the ways that the international community can help ensure that renewed investor interest contributes to sustainable and inclusive development. It featured a discussion of the detailed finding of the recently released OECD Investment Policy Review of Myanmar.

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.

This workshop sought to address whether the data we are using to measure and analyse globalisation is up to the task, and if it isn’t, what could be done.

The European Commission has proposed an integrated EU approach to stop profits from trading minerals being used to fund armed conflicts. The package of measures aims to make it more difficult for armed groups in conflict-affected and high-risk areas to finance their activities through the mining of and trade in minerals.

This workshop focused on how to comply with international regulations on conflict-free gold supply chains and how to make the most of the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas.

Building on concrete examples, this book explores emerging topics in innovation policy for more inclusive and sustainable growth.

The report takes a comparative look at ADB and OECD experiences, and aims to identify promising policy solutions for creating an SME base that is resilient to crisis, from a viewpoint of access to finance, and which can help drive growth and development.

Statement from Risaburo Nezu, Chairman of the OECD Steel Committee, Paris, 6 June 2014

This Global Forum plays an important role as the tool for on-going dialogue on responsible business conduct. I am pleased to announce that today, Ministers from over 20 countries are coming together to discuss how to integrate responsibility considerations throughout government policies. Their work will contribute to protect internationally recognised fundamental rights and to ensure good governance, fair regulations, and transparency.

This survey was presented at the Informal ministerial meeting on responsible business conduct held in Paris on 26 June 2014.

This paper aims to provide an introduction to and overview of the social investment market for policy makers. Social investment is the provision of finance to organisations with the explicit expectation of a social, as well as financial, return. It has become increasingly relevant in today’s economic environment as social challenges have mounted while public funds in many countries are under pressure.

This seminar investigated how changes made in key policy areas at national, regional and international levels can help generate more and better private investment in Africa’s infrastructure.

Global Value Chains (GVCs) are a dominant feature of the world economy that impact growth, jobs and development, but numerous challenges remain to ensure that all countries and all firms have the opportunity to participate and benefit.

The report presents the potential of new nanomaterials and highlights the remaining challenges for their safe and sustainable introduction in the tyre industry.

This publication reports on trends in the steelmaking capacity of economies that are not members of the OECD. It examines existing capacity and investments that will lead to changes by 2014, with detailed tables on equipment, starting dates of planned projects, and works ownership.

Small and medium-sized enterprises (SMEs) and entrepreneurs are crucial for tracing new paths to more sustainable and inclusive growth, thanks to their role in developing and diffusing innovation and providing employment.

Despite large and growing investments in knowledge and innovation, productivity growth in many countries has slowed in recent years. At the same time, the urgent need for more rapid innovation (including its uptake and diffusion) in several key areas, such as in environment. This joint OECD-NBER workshop on 25-26 September 2014 will bring together academic experts to consider these challenges.

This roundtable provided a forum for dialogue on building responsible supply chains in the textile and garment sector that contribute to inclusive growth and sustainable development, in line with the OECD and ILO recommendations. The Roundtable also identified challenges and areas for future collaborative action.

Advanced economies are pushing up carbon emissions, traffic congestion and air pollution by under-taxing company cars and diesel fuel, according to new OECD research.

Beijing, 24 October 2014 - China presented guidelines intended to provide a roadmap for the responsible business conduct of Chinese companies operating overseas. In addition, China and the OECD signed a Memorandum of Understanding to promote the implementation by Chinese companies of responsible business conduct in global mineral supply chains.

This public consultation was held to gather interested stakeholders' comments on the draft chapters of the Policy Framework for Investment currently being updated. The consultation ran until 31 December 2014.

Squeezed R&D budgets in the EU, Japan and US are reducing the weight of advanced economies in science and technology research, patent applications and scientific publications and leaving China on track to be the world’s top R&D spender by around 2019, according to a new OECD report.

In addition to inspiring policy practices, the 2014 edition contains special thematic chapters on entrepreneurship by ethnic minorities, pro-entrepreneurship welfare support systems and support for entrepreneurship from unemployment.

Steel is one of the most widely produced industrial products in the world, and the sector depends heavily on a range of raw materials for its production. The aim of this workshop was to better understand the impacts of trade-restrictive raw material policies on the global steel industry and to explore policy approaches that would improve the longer-term efficiency and functioning of these markets.

The Korean shipbuilding industry is one of the top global players, leading by value and second only to China by volume. However, the global economic crisis has dented its finances and it now faces serious challenges to set itself back on a solid footing.

While de-industrialisation and offshoring have dominated the news about manufacturing during the past decades, recent years have witnessed a number of examples of companies re-shoring activities back to OECD economies. Policy discussions often ignore the profound changes manufacturing has undergone. This working paper addresses this issue against the background of long-term structural change in OECD economies.

This online public consultation was held to gather interested stakeholders' comments on the draft Policy Framework for Investment currently being updated. The consultation ran until 25 February 2015.

The project provided recommendations to the city of Medellin and Antioquia to support the development of the local economy and includes a focus on how the innovative environment can be strengthened to support inclusion, entrepreneurship, SME, and local developmentto and how to better coordinate and integrate its policies with the national level.

The promotion of responsible business conduct has taken an important step forward with the launch of a new reporting framework. Businesses now have no excuse for not explaining how they’re meeting their human rights obligations.

Climate change and, more generally, environmental damage have quantifiable economic and health costs, which weigh on long-term growth and well-being. If left unchecked, climate change is projected to decrease global GDP by 0.7 to 2.5 % by 2060. At the same time, the costs to society of air pollution already appear substantial–equivalent to some 4% of GDP across OECD countries and even higher in some rapidly developing economies.

Small and medium-sized enterprises (SMEs) are fundamental for inclusive growth and jobs, but they need to broaden their sources of finance in order to reduce their vulnerability to volatile credit market developments, according to two new OECD reports.