To help answer these questions, this report presents findings from two new research studies: (1) reports from 15 countries that provide interesting insights into the operations of and challenges faced by high-growth enterprises; (2) a policy survey by the OECD Working Party on SMEs and Entrepreneurship, which reviewed more than 340 programmes that policy makers in 24 countries have put in place to support the growth of enterprises.
The spectacular success of several well-known new ventures in technological fields, which in little more than a decade have jumped from the state of start-ups to that of top international businesses, has pointed to innovation as a key factor in the high growth of firms. These high-growth enterprises often drive job creation and innovation, so policy makers are increasingly making such companies a key focus. Specifically, how can government policy foster the creation of more high-growth enterprises; what are the growth factors, and how can they be leveraged; what are the appropriate ways to provide such support?
Table of contents Executive summary Part I. Addressing the needs of high-growth enterprises. Chapter 1. What powers high-growth enterprises? Introduction Overview of empirical literature Chapter 2. Factors that drive high enterprise growth: Evidence from the country studies Introduction Key findings Summary of findings Chapter 3. Government policies to support high-growth enterprises The WPSMEE Policy Survey Concluding remarks and policy recommendations Part II. Country studies on high-growth enterprises Chapter 4. High-growth SMEs in Latin America's service sector: Six case studies SMEs, entrepreneurship, and the innovation context in Latin America Dynamic entrepreneurship in Latin America A qualitative approach to HGSMES in Latin America and the Caribbean (LAC) Concluding remarks and policy recommendations Chapter 5. High-growth firms in Switzerland: Analysis of 11 firms Introduction Case studies of 11 businesses High-growth firms and employment growth Conclusions Chapter 6. Process innovation: Driver of enterprise growth in the Czech Republic Introduction Methodology Overview of the sample Analysis and results Conclusions Chapter 7. Strong customer/supplier relationships: A key to enterprise growth in Japan . Introduction Empirical hypotheses Data and variables Empirical approach and results Interviews with HGSMEs Conclusions Chapter 8. Finland: Intellectual asset management among high-growth SMEs Introduction Survey Data Innovation activity and HGSMEs Managing and protecting IA Summary of the use of protection practices Chapter 9. Financing growth and innovation in France Introduction How many firms are innovative or high-growth? An assessment of the financial constraint A system based on complementarity Financing and Proximity Innovative and high-growth SMEs policies in France: A strong commitment of the state A structural framework: From individual support to a collective dynamic Chapter 10. The financing of innovative firms in Canada Introduction Data Results Summary and conclusions Chapter 11. Are innovation firms at a credit disadvantage? The evidence from Italy* Introduction Research design Results of the econometric estimates Conclusions with TOC BookMarkLinks