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OECD WORKING PARTY on SMEs and ENTREPRENEURSHIP

High-growth SMEs, Intellectual Assets and InnovationStatus report

Paris, 19 November 2007

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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?

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Structure of the project

i. Study on innovation and

HGSMEsii. Study on the financing of

innovative and high-growth SMEs

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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

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Data analysisCross-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

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Next steps

a. Start analysis of comparative datab. Prepare a database of policiesc. Thematic country studies

1. Selection of key themes (3 or 4)End November 2. Preparation of the case study templatesMid-December 3. Launch of the studiesJanuary

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Timeline

33rd WPSMEE Session 6-7 May 2008, Kauffman Foundation,Kansas City, US Review of in-progress project report

Workshop on HGSMEs and Innovation8 May 2008, Kauffman Foundation,

34th WPSMEE Session 27-29 October 2008, Paris

Draft Final report

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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