Making SMEs and start-ups a driver of growth and job creation requires a number of policies to improve the performance … of SMEs, whose labour productivity in the manufacturing sector has fallen to less than a third of that in large companies …. The large-scale support for SMEs should shift from supporting the survival of firms to raising productivity. Measures to …

depends on making SMEs, which account for 87% of employment, more dynamic. The productivity gap between large firms and SMEs …, which benefit from a wide range of public support, is widening. SME policies should be streamlined and improved to promote … SMEs. …

-and-acquisition market and foster entrepreneurship. A creative economy also depends on making SMEs, which account for 87% of employment, more … dynamic. SME policies should be streamlined and improved to promote market-based financing and reduce the negative effects of … government funding programmes, which discourage the expansion of SMEs. The growth of small firms also depends on resolving labour …

these firms and domestic SMEs, notably by establishing applied research centres. Entrepreneurship should be fostered by … improving the business environment, including access to non-bank finance, streamlining the insolvency regime and transfer of …

be relieved. This would be facilitated by more efficient insolvency procedures and further development of non …