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Business development and the growth of rural SMEs

Author

Listed:
  • David Freshwater
  • Enrique Garcilazo
  • Julia Latto
  • Julian Pace
  • Alvin Simms
  • Jamie Ward
  • Tim Wojan

Abstract

The paper reviews the role of Small and Medium Size Enterprises (SMEs) as drivers of employment and economic growth in rural regions across a number of OECD geographies. It argues that SME creation is especially important for rural economic development and identified lessons for national level policy that can help strengthen the performance of SMEs and enhance the creation of new SMEs. This working paper focuses on four cases studies in Atlantic Canada, Quebec, Scotland and the United States to derive general findings and recommendations.

Suggested Citation

  • David Freshwater & Enrique Garcilazo & Julia Latto & Julian Pace & Alvin Simms & Jamie Ward & Tim Wojan, 2019. "Business development and the growth of rural SMEs," OECD Regional Development Working Papers 2019/07, OECD Publishing.
    • Handle: RePEc:oec:govaab:2019/07-en
    DOI: 10.1787/74256611-en
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    More about this item

    Keywords

    benchmarking; economic development incentives/tools; geography; innovation; place; rural development; SMEs;
    All these keywords.

    JEL classification:

    • R51 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Finance in Urban and Rural Economies

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