Teleworking transformed the world of work for many over the last two years. Many commentators have speculated that it will change our geography too – as people leave cities for greener environments and more affordable housing.
The success story of Fine Food Group looks different from the glitzy high-tech start-ups featured in business magazines or in investment blogs. The OECD report Understanding Firm Growth: Helping SMEs Scale Up shows that its storyis nonetheless much more representative of a typical scaler than that of a high-tech start-up.
After decades of favouring market-based solutions, cities are increasingly deploying social housing as a means to address the worldwide urban housing crisis.
Es are the beating heart of the global economy. In Europe alone, there are 24 million small businesses, employing a total of 95 million people and generating €4 trillion a year. And yet, SMEs are still behind their larger counterparts in the integration of the digital tools that they need to increase productivity, scale-up and innovate.
Not everyone has an equal opportunity to transform their ideas into a business. There could be an additional 9 million people starting and managing new business in the European Union (EU) – and 35 million across OECD countries – if everyone was as active in business creation as core age men (30-49 years old). David
COVID-19 has triggered an economic shock like no other in living memory. Social distancing and trading restrictions hit small businesses particularly hard, with many seeing revenues evaporate overnight: nearly half of small firms reported a reduction in sales of over 40% at the height of the first wave in May 2020, according to one survey.
This month the global death toll from the pandemic passed 5 million. With global confirmed cases rising again, the social and economic wounds inflicted by Covid-19 are deepening day by day. It is time for an innovative approach.
There are long-standing gender gaps in entrepreneurship. Women in OECD countries are about two-thirds as likely as men to be working on a start-up or young business.
On the eve of COP26, attention is firmly focused on the climate challenge and the need for action by governments, big business, and households. Yet there will be no transition to net zero without small and medium sized enterprises (SMEs).
The rise of remote working during the COVID-19 crisis significantly reduced activity in cities’ business districts, renewing policy makers’ interest in turning underused office buildings into much needed residential housing in cities. This creates a unique window of opportunity to shape more sustainable and inclusive urban development.
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