Financing the digitalisation of small and medium-sized enterprises

Financing the digitalisation of small and medium-sized enterprises PDF Author: European Investment Bank
Publisher: European Investment Bank
ISBN: 9286145772
Category : Business & Economics
Languages : en
Pages : 205

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Book Description
The study provides an overview of the role of digital innovation hubs and snapshot of the status of digitalisation in Europe. It comes in a very timely moment. The current COVID-19 crisis has highlighted even more the importance of digitalisation. Small and medium-sized enterprises (SMEs) are at the centre of the economic crisis brought on by the COVID-19 pandemic and containment measures, more now than during the 2008 financial crisis. This has clearly shown the importance and the need to accelerate the digital transformation to make businesses more resilient and agile. The study reviews access-to-finance conditions for the digitalisation of SMEs and the role of digital innovation hubs as key enablers in the wider ecosystem. It highlights how the propensity to digitalisation and digital maturity of SMEs is not only affected by financial factors (access to finance) but also by non-financial factors (knowledge and ambition to digitalise). In particular, the study shows the crucial role of digital innovation hubs and the wider eco-system in supporting the digitalisation of SMEs. Many digital innovation hubs have taken rapid actions to respond to the COVID-19 crisis and better help SMEs in the current circumstances. The study was carried out by InnovFin Advisory in collaboration with the European Investment Advisory Hub, with the support of Gartner.

Financing the Digitalisation of Small and Medium-sized Enterprises :the Enabling Role of Digital Innovation Hubs : Executive Summary

Financing the Digitalisation of Small and Medium-sized Enterprises :the Enabling Role of Digital Innovation Hubs : Executive Summary PDF Author:
Publisher:
ISBN: 9789286145780
Category :
Languages : en
Pages :

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Book Description


Financing the digitalisation of small and medium-sized enterprises

Financing the digitalisation of small and medium-sized enterprises PDF Author: European Investment Bank
Publisher: European Investment Bank
ISBN: 9286145772
Category : Business & Economics
Languages : en
Pages : 205

Get Book

Book Description
The study provides an overview of the role of digital innovation hubs and snapshot of the status of digitalisation in Europe. It comes in a very timely moment. The current COVID-19 crisis has highlighted even more the importance of digitalisation. Small and medium-sized enterprises (SMEs) are at the centre of the economic crisis brought on by the COVID-19 pandemic and containment measures, more now than during the 2008 financial crisis. This has clearly shown the importance and the need to accelerate the digital transformation to make businesses more resilient and agile. The study reviews access-to-finance conditions for the digitalisation of SMEs and the role of digital innovation hubs as key enablers in the wider ecosystem. It highlights how the propensity to digitalisation and digital maturity of SMEs is not only affected by financial factors (access to finance) but also by non-financial factors (knowledge and ambition to digitalise). In particular, the study shows the crucial role of digital innovation hubs and the wider eco-system in supporting the digitalisation of SMEs. Many digital innovation hubs have taken rapid actions to respond to the COVID-19 crisis and better help SMEs in the current circumstances. The study was carried out by InnovFin Advisory in collaboration with the European Investment Advisory Hub, with the support of Gartner.

The digitalisation of SMEs in Portugal: Models for financing digital projects

The digitalisation of SMEs in Portugal: Models for financing digital projects PDF Author: European Investment Bank
Publisher: European Investment Bank
ISBN: 9286143567
Category : Business & Economics
Languages : en
Pages : 53

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Book Description
This study provides an overview of the digitalisation landscape for small and medium enterprises in Portugal, and outlines potential support measures. Such actions aim to maximise access-to-funding for digital projects, enhance awareness and capabilities essential for the integration of digital solutions, and ultimately improve company productivity.

The Digitalisation of Small and Medium-sized Enterprises in Italy

The Digitalisation of Small and Medium-sized Enterprises in Italy PDF Author:
Publisher:
ISBN: 9789286149283
Category :
Languages : en
Pages :

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Book Description
This study primarily focused on financing models for the digitalisation of SMEs. However, the analysis and research conducted revealed that there are also key issues of awareness of digitalisation benefits, technical knowledge for digitalisation, and other factors that create barriers to digitalisation of SMEs in Italy. These barriers also affect access to finance and the utilisation of the existing financing liquidity and instruments available. As such, the study took a holistic point of view in summarising its key findings and recommendations, acknowledging that the financing of digitalisation of SMEs in Italy is currently being affected by a broader set of factors than financing instruments alone.

The SME Financing Gap (Vol. I) Theory and Evidence

The SME Financing Gap (Vol. I) Theory and Evidence PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264029419
Category :
Languages : en
Pages : 136

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Book Description
Analyzes the lack of funding for small and medium-sized enterprises (SMEs) and recommends measures to foster an improved flow of financing.

OECD Studies on SMEs and Entrepreneurship The Digital Transformation of SMEs

OECD Studies on SMEs and Entrepreneurship The Digital Transformation of SMEs PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264367608
Category :
Languages : en
Pages : 300

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Book Description
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.

OECD Studies on SMEs and Entrepreneurship Financing Growth and Turning Data into Business Helping SMEs Scale Up

OECD Studies on SMEs and Entrepreneurship Financing Growth and Turning Data into Business Helping SMEs Scale Up PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264443894
Category :
Languages : en
Pages : 195

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Book Description
Small and medium-sized enterprises (SMEs) that scale up have long raised policy interest for their extraordinary potential in terms of job creation, innovation, competitiveness and economic growth. Yet, little is known about which firms could effectively become scalers, and what policies could effectively promote SME growth.

Access to Bank Credit and SME Financing

Access to Bank Credit and SME Financing PDF Author: Stefania Rossi
Publisher: Springer
ISBN: 3319413635
Category : Business & Economics
Languages : en
Pages : 332

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Book Description
This book explores how the global financial and European sovereign debt crises have forced small-and-medium-sized businesses (SMEs) to reassess and adapt their funding strategies. At the heart of the matter is the worsening access to bank credit for such enterprises. Through this discussion we learn how crucial an understanding of SME-financing is to policy makers, in light of the fact that SMEs dominate the business landscape in Europe and are the main drivers of employment, growth and innovation in the European economy. Contributing chapters present expert analysis and investigate many topics including the problems faced by SMEs in accessing bank credit and the cost of funding and its determinants. Particular attention is also given to how credit-constrained enterprises may reformulate their funding strategies by employing alternative, non-bank, financial resources, and how regulators could support SMEs in broadening and improving their funding opportunities.

The Changing Role of SMEs in Global Business

The Changing Role of SMEs in Global Business PDF Author: Alkis Thrassou
Publisher: Springer Nature
ISBN: 3030458318
Category : Business & Economics
Languages : en
Pages : 258

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Book Description
SMEs are significant job creators and drivers of innovation and competition in most economic sectors. Furthermore, the traditional constraints of small and medium enterprises, such as geographic operations, are now being dissolved by technological developments. This means that there are new opportunities for SMEs, and their fundamental principles are being redefined: the aims, competencies, strategy, management, practice, and scope of these businesses are changing, with wide-ranging implications. This is the first part of a two volume work that incorporates scientific chapters on SME business theory and practice. Authors provide a balanced perspective of the present and future of SMEs across all business disciplines, including management, strategy, marketing, economics, and finance. While Volume II explores external issues such as contextual forces, the effects of the financial crisis, and macro-economic effects, this first volume focuses on the individual SME and internal issues such as innovation, quality, and digitization.

New Approaches to SME and Entrepreneurship Financing Broadening the Range of Instruments

New Approaches to SME and Entrepreneurship Financing Broadening the Range of Instruments PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264240950
Category :
Languages : en
Pages : 152

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Book Description
This report maps a broad range of external financing techniques to address diverse needs in varying circumstances, including asset-based finance, alternative debt, hybrid instruments, and equity instruments.