(03 October 2016) – The post-crisis recovery in entrepreneurial activity remains mixed across countries, but new data released today by the OECD provides tentative signs of a turning point, with trends in enterprise creation rates pointing upwards in most economies.
Entrepreneurship at a Glance 2016 suggests that a revival in entrepreneurial activity could help improve economic growth and provide an important longer-term boost to productivity, given the positive link between start-up rates and productivity growth.
The report shows that post-crisis growth in Europe has been more dependent on small and medium-sized enterprises (SMEs) as drivers of economic growth than in the United States.