Restart-up?

Click to enlarge

Start-up rates in OECD countries are slowly edging back to their pre-crisis levels, but not all countries have seen significant acceleration in new businesses, according to Entrepreneurship at a Glance 2012

New data on enterprise creations and bankruptcies show the major impact that the economic and financial crisis has had on entrepreneurial activity. Start-up rates fell sharply from mid-2008 in all OECD countries where data are available. Momentum slowed again in early-2011 in most countries but has since shown tentative signs of a pick-up.

France has shown the most spectacular increase in new businesses, due to introduction of a simplified start-up procedure or the régime de l’auto-entrepreneur. Australia and the UK have reported robust growth in business creation in late-2011 and Norway has grown steadily, but the number of newly created enterprises remains below its pre-crisis level in most countries surveyed. The number of bankruptcy procedures, which increased considerably across the OECD area over the 2008–09 period, hovered above pre-crisis levels in most countries in 2011.

Men are more likely to run businesses with employees in every country studied. Typically, around 2% of employed women own a business and employ others. The corresponding percentage for men is more than double that in most countries.

See www.oecd.org/statistics/entrepreneurshipindicators

©OECD Observer No 292, Q3 2012




Economic data

E-Newsletter

Stay up-to-date with the latest news from the OECD by signing up for our e-newsletter :

Twitter feed

Editor's choice

  • More fiscal stimulus could help Japan: speaking with CNBC, Randall Jones, Head of Japan/Korea Desk at OECD, warns that Japan needs a detailed and credible fiscal consolidation plan.
  • Modest global economic forecasts, continuing high unemployment and serious downside risks should spur governments with a greater sense of urgency to fully employ monetary, fiscal and structural policy levers to support growth, notably in Europe, according to the OECD’s latest Economic Outlook.
  • OECD Employment Outlook 2014: The OECD Employment Outlook 2014 includes chapters on recent labour market developments with a special section on earnings, job quality, youth employment, and forms of employment and employment protection.
  • OECD General-Secretary Angel Gurría on Global Economy. Angel Gurría speaks in Brisbane, where the G-20 summit took place this weekend,on Bloomberg Television's "On the Move."
  • Education at a Glance 2014: OECD Indicators:This book provides annual data on the structure, finances and performance of education systems in the OECD’s 34 member countries, as well as a number of partner countries.
  • Try our latest OECD Observer crossword!
  • Better Life Index
    How do you measure a Better Life? The OECD has launched a new interactive infographic where visitors can explore the priorities of people worldwide. Be a part of it. Create and share your Better Life Index.
  • Tim Harcourt Video
  • G20 and Australia: Economist Tim Harcourt speaks to the BBC about how Australia has gone from "Down Under to Down Wonder".
  • OECD Week 2014 : Resilient economies for inclusive societies. Forum 2014 was organised around three cross-cutting themes: Inclusive Growth, Jobs, and Trust. Watch the video. And check out our 2014 yearbook by clicking here.
  • better-life
  • What does a better life mean for you? Watch this video produced by students from La Sorbonne and see what people around the world have to say.
  • In the transition to cleaner and greener economies, the OECD is helping government and business with the tools to get climate finance right for greener growth plus job creation, while treating our environment as a precious resource.

Most Popular Articles

Subscribe Now

<b>Subscribe now!</b>

To receive your exclusive print editions delivered to you directly


Online edition
Previous editions

Poll

Is deflation a major risk in OECD economies?

Yes
No
Don't know

OECD Insights Blog

NOTE: All signed articles in the OECD Observer express the opinions of the authors
and do not necessarily represent the official views of OECD member countries.

All rights reserved. OECD 2014