OECD WORKING PARTY on SMEs and ENTREPRENEURSHIP Highgrowth

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OECD WORKING PARTY on SMEs and ENTREPRENEURSHIP High-growth SMEs, Intellectual Assets and Innovation Status

OECD WORKING PARTY on SMEs and ENTREPRENEURSHIP High-growth SMEs, Intellectual Assets and Innovation Status report Paris, 19 November 2007 1

Research questions – – Effects of management of IAs on fast growth Correlation between

Research questions – – Effects of management of IAs on fast growth Correlation between levels of innovation and firm growth rates Relevance of innovation versus other factors affecting growth How do innovative and fast-growing firms finance themselves? 2

Structure of the project i. Study on innovation and HGSMEs ii. Study on the

Structure of the project i. Study on innovation and HGSMEs ii. Study on the financing of innovative and high-growth SMEs 3

Methodology 1. Review of empirical work - influence of management of IA on growth

Methodology 1. Review of empirical work - influence of management of IA on growth and/or innovation - innovation and firm high-growth - financial structure and needs of innovative and high-growth firms 2. – – Data analysis Cross-country comparisons Thematic country studies 3. Policy questionnaire 4

Data analysis Cross-country comparisons: - STD data on high-growth firms and gazelles - Community

Data analysis Cross-country comparisons: - STD data on high-growth firms and gazelles - Community Innovation Survey and other innovation surveys (aggregate data) - Micro-data: input from DSTI project - OECD venture capital database - Possible STD survey on financing of innovative SMEs Thematic quantitative country studies: - IP management by SMEs - Innovation vs other factors of firm growth - Financial structure of fast-growing firms 5

Next steps a. Start analysis of comparative data b. Prepare a database of policies

Next steps a. Start analysis of comparative data b. Prepare a database of policies c. Thematic country studies 1. Selection of key themes (3 or 4) End November 2. Preparation of the case study templates Mid-December 3. Launch of the studies January 6

Timeline 33 rd WPSMEE Session 6 -7 May 2008, Kauffman Foundation, Kansas City, US

Timeline 33 rd WPSMEE Session 6 -7 May 2008, Kauffman Foundation, Kansas City, US Review of in-progress project report Workshop on HGSMEs and Innovation 8 May 2008, Kauffman Foundation, 34 th WPSMEE Session 27 -29 October 2008, Paris Draft Final report 7

Output - Contribution to the report on Intellectual Assets and Value Creation for the

Output - Contribution to the report on Intellectual Assets and Value Creation for the June 2008 OECD Council at Ministerial Level - Report on HGSMEs, Innovation and Intellectual Assets (OECD publication – Spring 2009) - Input to the OECD Innovation Strategy 8

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