OECD SME and Entrepreneurship Outlook 2019 by OECD

Author:OECD
Language: eng
Format: epub
Tags: regions/industry
Publisher: OECD Publishing
Published: 2019-05-20T00:00:00+00:00

Chapter 6.

Access to skills

Skilled workers are a key asset for competition in a knowledge-based economy. However, SMEs have greater difficulty in hiring and retaining skilled workers than larger firms because they lack the capacity and networks needed to identify talent and offer less attractive working conditions. Rapid digital transformation, growing globalisation and emerging skills shortages worldwide are likely to put further pressure on labour markets and increase the competition for skills, placing SMEs at an even greater disadvantage. This chapter presents recent labour market trends and discusses the implications for SMEs with respect to their access to skilled workers. It reveals that, although SMEs are reducing the training gap with large firms, relatively few SMEs support the acquisition of digital skills. Moreover, there appear to be persistent gender gaps among entrepreneurs and small business owners in entrepreneurship attitudes and access to training. The chapter also discusses recent national policy actions that improve the capacity of SMEs to upskill their workers, e.g. training and education programmes, technology extension programmes, regulatory measures that encourage upskilling, tailored support for women entrepreneurs and business owners.

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