Irish Small Business Weak on Exports, OECD says

Irish small and medium enterprises (SMEs) are weak or underperforming in a number of key areas, a report has found.

These include exports, internationalisation, digitalisation, innovative collaboration, and financial skills, according to a review by the Organisation for Economic Cooperation and Development (OECD).

The report recommended doubling the value of exports from outside the UK, to have an action plan to improve financial skills in SMEs, and to initiate a major digitalisation drive.

Ulrik Vestergaard, the OECD deputy general secretary told the Future Jobs Ireland conference in the Aviva stadium on Friday that only 6.3 per cent of Irish SMEs export, a low number compared to other EU economies.

At the conference Taoiseach Leo Varadkar and Minister for Business Heather Humphrey’s announced a new policy for the growth of the SME sector as part of its Future Jobs strategy. The policy is partly based on the findings of the OECD report.

Full Article in the Irish Times

 

 

Share

JOIN OUR MAILING LIST

Contact Us

South East BIC CLG.
Unit 1B, Industrial Park
Cork Road, Waterford
X91 DT38

Tel: +353 51 356300

Social Share

Our Partners

 

 

We use cookies to improve our website and your experience when using it. Cookies used for the essential operation of the site have already been set. To find out more about the cookies we use and how to delete them, see our privacy policy.

I accept cookies from this site.

We use cookies to improve our website and your experience when using it. Cookies used for the essential operation of the site have already been set. To find out more about the cookies we use and how to delete them, see our privacy policy.

I accept cookies from this site.