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The Digital Transformation of SMEs
Series:OECD Studies on SMEs and Entrepreneurship
ISBN 9789264392458
Publication year: 2021

Cdn: $130.50; US: $90.00
Paperback
Language: English
300 pages
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Despite potentially tremendous benefits, small and medium-sized enterprises (SMEs) lag in the digital transformation. Emerging technologies, as diverse as they are, offer a range of applications for them to improve performance and overcome the size-related limitations they face in doing business. However, SMEs must be better prepared, and stakes are high. SMEs make the most of the industrial fabric in many countries and regions, they create jobs (most jobs sometimes) and are the cement of inclusive and sustainable societies. The SME digital gap has increased inequalities among people, places and firms, and there are concerns that the benefits of the digital transformation could accrue to early adopters, further broadening these inequalities. Enabling SME digitalisation has become a top policy priority in OECD countries and beyond. The report looks at recent trends in SME digital uptake, including in the context of the COVID-19 crisis. It focuses on issues related to digital security, online platforms, blockchain ecosystems, and artificial intelligence. The report identifies opportunities, risks of not going digital, and barriers to adoption. It looks to concrete policy action taken worldwide to speed the SME transformation and raises a series of considerations to advance the SME digital policy agenda.

Small and medium-sized enterprises (SMEs) and entrepreneurs are fundamental to innovation, economic growth and job creation, and play a critical role in social cohesion. This series provides a means for assessing and improving the performance, design and implementation of SME and entrepreneurship policies, and for sharing policy experiences among OECD member countries and partner economies. They are based on a standard methodology, including a diagnostic questionnaire completed by national authorities, study missions and fieldwork, and are peer reviewed by the OECD Working Party on SMEs and Entrepreneurship.
The Digital Transformation of SMEs
Cdn: $130.50; US: $90.00
OECD - in English BookID: 128184 Added: 2021.2.20