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

  • Base Erosion and Profit Shifting (BEPS)
  • Base Erosion and Profit Shifting: "Currently tax planning results in locating the profits in tax havens where nothing is happening. BEPS is rewriting the international tax rules to realign the location of the profits and the real activity."
  • Bloomberg
    UN Special Envoy for Cities and Climate Change Michael R. Bloomberg at the OECD. A week before world leaders gather at the UN Climate Summit in New York Mr Bloomberg, will take part in a public discussion with OECD Secretary-General Angel Gurría on how cities can be empowered to take the lead in combatting climate change.
  • OECD Yearbook 2014
    Catherine L. Mann has been appointed as the new OECD Chief Economist. She replaces Pier Carlo Padoan, who became Italy’s minister of economy and finance in February 2014, and will take up her post in October. Ms Mann will be the second woman in the OECD's 50-year history to be chief economist.Click for bio.
  • Climate change video
  • Climate change: World leaders, business heads and civil society representatives at the UN Climate Summit in September 2014 and the COP20 talks in December in Lima will discuss ways to reduce greenhouse emissions, strengthen climate resilience and mobilise finance and political will for a meaningful global agreement in 2015. The OECD is providing data and guidance to steer these discussions.
  • 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.

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