News from INSME
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- The European Startup Monitor (ESM): the Growing Influence of Young Enterprises on the European Economy
- Fundamentals for Being a Modern-Day Gladiator 101: Having a Shield in the Global Marketing Arena
- 12th INSME Annual Meeting – Enabling Smart SMEs as Key to Success
- EIF Working Paper 2015/30 – Financing patterns of European SMEs – An empirical taxonomy
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Committee on Innovation, Competitiveness and Public-Private Partnerships
23 - 25 May 2016
Organized by UNECE
ANIMA Annual Meeting
30 - 31 May 2016
La Valetta, Malta
Organized by ANIMA Investment Network & Malta Enterprise
ICSB World Conference
15 - 18 June 2016
New Jersey/New York, USA
Organized by the International Council for Small Business
- Picks in the News
The Inter-American Development Bank launched a new version of INTrade, an interactive information system on trade in Latin America and the Caribbean
The online system is an interactive and user-friendly platform offering analysis on three main areas: statistics and indicators on import and export, an extensive database on market access including information on the most favoured nation tariffs or the rules of origin allowing preferential access and last but not least, basic fact sheets and documents about legal framework conditions on trade agreements and tax obligations related to 33 countries in the region.
INTrade is the to-go platform for the private sector, public agencies and analysts to gain knowledge on the most attractive markets in the region, get direct insights on the agreements signed by each country and benchmark existing trade policies with the historic database of the platform.
Major Challenges Facing Small and Medium-sized Enterprises in Asia and Solutions for Mitigating Them
Asia witnessed a notable growth during the recent decades, leading the continent to alleviate poverty and increase the number of middle-income countries in the region. Despite its growth, Asia is facing new challenges due to the global economic slowdown. A new growth model is required and small and medium enterprises accounting for 98% of all enterprises in the region, can play a fundamental role to boost national productivity.
This report on “Major Challenges Facing Small and Medium-sized Enterprises in Asia and Solutions for Mitigating Them“ by the Asian Development Bank (INSME Member) identifies four major reasons that slowed SME development in the region:
- lack of finance;
- lack of comprehensive databases;
- low level of R&D expenditures;
- and insufficient use of information technology in SMEs.
The report also provides solutions to overcome these challenges that resulted to be successful in some Asian economies and suggests to expand these remedies to the rest of Asia to contribute to the development of SMEs in the region.Within the frame of the MIRRIS Project Coaching Seminars have been recently organized in three of the project’s target countries: Czech Republic, Croatia and Cyprus.
On the 7th of March relevant stakeholders met at the Technology Centre of the Academy of Sciences based in Prague, Czech Republic with the aim to concretely work on the implementation of synergies of EU funding. Participants benefitted from the expertise of representatives from the Head of Technology Transfer and Innovation Center at the Jožef Štefan Institute and Mathieu Doussineau from DG JRC. A second seminar has been hosted by the Ministry of Science, Education and Sports of Republic of Croatia. The initiative gathered a group of stakeholders working on the implementation of measures addressing the setting-up of a European Support Grant Office in Croatian Universities. The last seminar took place on the 17th of March in Cyprus to discuss how to implement the measures in order to create a Cypriot EU grant office enhancing the support services offered by the Directorate General European Programmes, Coordination and Development.Through the Coaching Seminars – based on the priorities identified during the policy dialogues - the MIRRIS Project aims to provide target countries with practical experiences in order to enhance the participation in H2020.
MIRRIS (Mobilizing Institutional Reforms for Research and Innovation Systems) is a Coordination and Support Action aiming at identifying the strengths and weaknesses of R&D&I performance in ERA and Framework Programmes of the EU12 and Croatia and activate initiatives to improve participation to Horizon 2020.