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  1. OECD Economic Surveys: Netherlands
  2. Volume 2014
  3. Issue 008
  4. OECD Economic Surveys: Netherlands 2014
  5. Chapters
  6. Boosting the development of efficient SMEs
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Volume 2016
Volume 2014
Issue 008
OECD Economic Surveys: Netherlands 2014
Chapters
Basic statistics of the Netherlands, 2012
Executive summary
Assessment and recommendations
Progress in main structural reforms
Making the banking sector more resilient and reducing household debt
Boosting the development of efficient SMEs
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Boosting the development of efficient SMEs

Content Provider OECD iLibrary
Organization OECD
Abstract Entrepreneurship is an important driver of economic growth, job creation and competitiveness. However, the small and medium-sized enterprises (SME) sector has been severely affected by the crisis, with access to bank finance being particularly difficult. Various government-sponsored schemes have been introduced to ease credit conditions. Developing alternatives to bank lending options for SME finance is important but will take time. Restructuring banks’ balance sheets is essential to step up bank lending to SMEs in the medium term. Beyond financing issues, boosting innovation would support productivity gains, and SME competitiveness and growth. Also, easing labour market regulation would further support SME development. A large share of small businesses consists of self-employed with no employees. The tax system should minimise distortions for the creation and expansion of businesses. Despite significant progress made in lowering barriers to entrepreneurship, there is scope to further reduce administrative burdens.
Page Count 28
Starting Page 91
Ending Page 118
Language English
Publisher OECD Publishing
Publisher Date 2014-04-24
Access Restriction Open
Subject Keyword Economics
Content Type Text
Resource Type Chapter
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