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  • 1
    Language: English
    Pages: 1 Online-Ressource (circa 76 Seiten) , Illustrationen
    Series Statement: OECD SME and entrepreneurship papers no. 10
    Series Statement: OECD SME and Entrepreneurship Papers
    Keywords: SME finance ; capital markets ; financial crisis ; growth finance ; Economics ; Amtsdruckschrift ; Graue Literatur
    Abstract: The present report analyses the extent to which capital markets have provided capital to SMEs since the GFC, focusing on three kinds of financial instruments that have proven especially important in providing finance to SMEs undergoing major transitions during the past few years: Private Equity; Private Debt; and Collective Investment Vehicles.
    URL: Volltext  (lizenzpflichtig)
    URL: Volltext  (lizenzpflichtig)
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  • 2
    Language: English
    Pages: 1 Online-Ressource (circa 25 Seiten) , Illustrationen
    Series Statement: OECD SME and entrepreneurship papers no. 7
    Series Statement: OECD SME and Entrepreneurship Papers
    Keywords: Productivity ; SMEs ; Government Policy and Regulation ; Entrepreneurship ; Inclusive Growth ; Economics ; Amtsdruckschrift ; Graue Literatur ; Konferenzschrift
    Abstract: SMEs are key to strengthening productivity, delivering more inclusive growth and adapting to the major transformations of our time. SMEs that grow have a considerable positive impact on employment creation, innovation, productivity growth and competitiveness. While the population of SMEs is very diverse, innovation and scale-up are at the reach of many SMEs. Digital technologies and global value chains offer new opportunities for SMEs to participate in the global economy, innovate and grow. However, SMEs are lagging behind in the digital transition and are disproportionately affected by market failures, trade barriers, policy inefficiencies and the quality of institutions. A conducive business environment, is essential to incentivise risk-taking and experimentation by entrepreneurs, and foster business growth potential. Access to entrepreneurship competencies, management and workforce skills, technology, innovation, and networks, is also critical to enable SME growth. A cross-cutting approach to SME policy can enhance SME contributions to inclusive growth.
    URL: Volltext  (lizenzpflichtig)
    URL: Volltext  (lizenzpflichtig)
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  • 3
    Language: English
    Pages: 1 Online-Ressource (circa 52 Seiten) , Illustrationen
    Series Statement: OECD SME and entrepreneurship papers no. 6
    Series Statement: OECD SME and Entrepreneurship Papers
    Keywords: Financial Crisis ; Non-bank Finance ; Financial Skills ; SME Finance ; Equity ; Public Policy ; Economics ; Amtsdruckschrift ; Graue Literatur
    Abstract: The 2008-09 global financial crisis had a profound impact on the availability of bank credit for SMEs. Although a decline in the demand for bank credit played an important role, banks have also become more reluctant to lend, including as a consequence of new capital requirements. Moreover, a longstanding financing gap exists for SMEs with a high risk/return profile, such as start-ups, fast-growing and highly innovative SMEs. While bank financing will continue to be crucial for SMEs, broadening the financing options would enable SMEs to better seize growth opportunities and reduce their vulnerability to changes in credit market conditions and economic downturns. The present study analyses key impediments to SMEs’ uptake of alternative financial instruments, both on the demand- and supply-side. The study discusses the role of policy in fostering SME finance markets and reviews recent trends in policy measures to support the development of alternative financial instruments for SMEs.
    URL: Volltext  (lizenzpflichtig)
    URL: Volltext  (lizenzpflichtig)
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