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Unleashing SME Potential to Scale Up
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SMEs and start-ups that grow rapidly contribute significantly to job creation, economic growth and competitiveness. Indeed, scalars, i.e., SMEs that grow by one-third over a three-year period, contribute about as much to job creation as large firms. However, there are barriers to SMEs scaling up and opportunities to better leverage their potential. This report examines and identifies the characteristics of scalers and, in turn, the policies that can support them.
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SMEs and start-ups that grow rapidly contribute significantly to job creation, economic growth and competitiveness. Indeed, scalars, i.e., SMEs that grow by one-third over a three-year period, contribute about as much to job creation as large firms. However, there are barriers to SMEs scaling up and opportunities to better leverage their potential. This report examines and identifies the characteristics of scalers and, in turn, the policies that can support them.
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