OECD; SMEs, Entrepreneurship and Innovation; new report

In the foreword to the new publication 'SMEs, Entrepreneurship and Innovation' OECD write that the combined forces of globalization, technological progress and growing market demand have created a new type of innovation: One that is widespread across many agents and sectors and is open.

This brings in new key players that brings new ideas to the market. These new ideas is transformed into new business and new firms growing rapidly and named "gazelles". These new business and new firms contribute to the economy.

To support this development the OECD publication 'SMEs, Entrepreneurship and Innovation' also explores three major - and yet insufficiently recognized action areas that are new to much of the policy world. These are:

Knowledge flow - collaboration between the agents and sectors
Empower people to innovate - develop and upgrade skills and capabilities in innovation
Social entrepreneurship and social innovation - to respond to social needs and challenges

The intention of the 'SMEs, Entrepreneurship and Innovation' publication is to become a flagship that inspires policy makers to face the challenges of the 21st century.