New OECD report helps countries identify bottlenecks in entrepreneurial ecosystems
The OECD Centre for Entrepreneurship, SMEs, Regions, and Cities recently issued its National Entrepreneurial Ecosystem Diagnostics report, a new tool aimed to assist nations in boosting start-ups and scale-ups by identifying and resolving significant obstacles to entrepreneurship.
The paper was created through a collaborative effort of scholars and policymakers from the entrepreneurship and innovation landscape.
"This report provides governments with a clear diagnostic framework to identify weaknesses in their entrepreneurial ecosystems and design better-targeted reforms," , its author, stated.
Key findings from the report include:
- Ecosystem diagnostics allow for wiser, more strategic policy initiatives.
- The most effective techniques are holistic, which promote many entrepreneurial conditions.
- While ecosystems change over time, tailored strategies can produce quick results.
The study is a joint accomplishment that reflects the OECD and its partners' pooled knowledge, with the goal of empowering nations to enhance their entrepreneurial foundations.
Read the full report .