SMEs and entrepreneurs are facing real challenges
Firm entries and exits, average year-on-year growth rate -2 0 -1 0 0 10 20 30 40 50 60 70 80 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 201 8 201 9 202 0 202 1 202 2 ENTRIES EXITS
% of SMEs reporting having experienced disruptions, 2022
Shipping cost s Supply delays Customer delivery delays Change in suppliers Change product ion Shipping cost s Supply delays Customer delivery delays Change in suppliers Change product ion 30 25 20 15 10 5 0 29 26 16 10 5
SMEs hit by high shipping costs and supply delays
11%
19%
Source: Based on the OECD-World Bank-Meta Future of Business Survey, March 2022
Women-led SMEs are only half as likely to export compared to men-led firms
Use of social media has nearly doubled amongst smaller businesses
Percentage of
firms using social media, 2012-21
0 1 0 2 0 3 0 4 0 5 0 6 0 7 0 8 0 2012 2013 2014 2015 2016 2017 2019 2021 A dopti on rate (%) Small firms Medium firms
SMEs are lagging behind large firms in adopting digital
0 10 20 30 40 50 60 70 80 90 100 Large firms Medium firms Small firms Website Social media Enterprise Resource Planning High-speed broadband Customer Relationship Management Internet of Things Big data analysis Online orders A.I. 3D printing
technologies
SMEs need to step up efforts to reduce their environmental footprint
Large Companies SMEs
Minimising waste
Saving energy
Saving materials
Recycling
Saving water
Switching to greener suppliers of materials
Designing products easy to maintain
Selling your residues to another company
Using renewable energy
€
0% 10% 20% 30% 40% 50% 60% 70% 80%
Further reading OECD SME & ENTREPRENEURHIP Outlook 2023 https://doi.org/10.1787/342b8564-en Future-Proofing SME and Entrepreneurship Policies https://oe.cd/SMEmin23KIP © OECD 2023 27-28 June 2023 OECD SME & Entrepreneurship Ministerial Meeting Managing Shocks and Transitions Future-Proofing SME and Entrepreneurship Policies Key Issues Paper