Entrepreneurship at a Glance, a product of the OECD-Eurostat Entrepreneurship Indicators Programme, presents an original collection of indicators for measuring the state of entrepreneurship, along with key facts and explanations of the policy context. The 2015 edition features a special chapter on the international activities of SMEs.
In all countries, micro and small firms, i.e. enterprises with less than 10 and between 10 and 50 employees respectively, are responsible for a limited share of total exports even if they represent the majority among all exporting enterprises. The distribution of imports by enterprise size largely reflects export patterns, with large firms accounting for shares of total imports between 50% and 80%.
There are significant variations across countries in the distribution of employment among enterprises of different sizes. In Spain, Portugal and Italy more than 40% of employment is in micro-enterprises (enterprises with less than ten persons employed) and almost 60% in Greece, while in Japan this share is around 13%.
In 2014, in several Southern European countries, Greece, Spain and Portugal in particular, the perceived capabilities were significantly higher than the perceived opportunities, probably reflecting an unfavourable economic context. On the contrary, in the emerging economies of Brazil and Indonesia, as well as in the United States, -Canada, Norway, Denmark and Mexico, perceived opportunities were relatively high.
Entrepreneurship at a Glance presents key indicators on entrepreneurship. Until recently, most entrepreneurship research relied on ad hoc data compilations developed to support specific projects and virtually no official statistics on the subject existed. The collection of harmonised indicators presented in this publication is the result of the OECD-Eurostat Entrepreneurship Indicators Programme (EIP). The programme, started in 2006, was the first attempt to compile and publish international data on entrepreneurship from official government statistical sources. From the outset a key feature in the development of these indicators has been to minimise compilation costs for national statistical offices and also, critically, reporting burdens on business, which is why the programme focuses attention on exploiting existing sources of data instead of developing new business surveys.
Aggregate data on venture capital provide useful information on trends in the venture capital industry. These data are typically compiled by national or regional Private Equity and Venture Capital Associations, often with the support of commercial data providers. The quality and availability of aggregate data on venture capital have improved considerably in recent years; international comparisons, however, remain complicated because of two main problems.
This publication presents indicators of entrepreneurship collected by the OECD-Eurostat Entrepreneurship Indicators Programme (EIP). Started in 2006, the programme develops multiple measures of entrepreneurship and its determinants according to a conceptual framework that distinguishes between the manifestation of entrepreneurship, the factors that influence it, and the impacts of entrepreneurship on the economy. A defining characteristic of the programme is that it does not provide a single composite measure of overall entrepreneurship within an economy. Rather, recognising its multi-faceted nature, the programme revolves around a suite of indicators of entrepreneurial performance that each provide insights into one or more of these facets. Perhaps most importantly is the recognition within the programme that entrepreneurship is not only about start-ups or the numbers of self-employed for example: entrepreneurs and entrepreneurial forces can be found in many existing businesses and understanding the dynamism these actors exert on the economy is as important as understanding the dynamics of start-ups or the self-employed.