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. …

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 …

We estimate the impact of the COVID-19 crisis on business failures among small and medium size enterprises (SMEs) in … aggregate supply, productivity, and demand shocks. We estimate a large increase in the failure rate of SMEs under COVID-19 of …, Education, and Other Services are among the most affected sectors. The jobs at risk due to COVID-19 related SME business …

We estimate the impact of the COVID-19 crisis on business failures among small and medium-size enterprises (SMEs) in … aggregate supply, productivity, and demand shocks. We estimate a large increase in the failure rate of SMEs under COVID-19 of …; education; and other services are among the sectors most affected. The SME jobs at risk due to business failures related to …

example, places where bankruptcy resolution is more difficult and/or takes longer) see a greater dependence on "stable" real …