This applies especially to sophisticated ICTs, which are fundamental for
digitalised industrial production and can help smaller firms to rapidly scale up.
16. We support policies that enable SMEs to take full advantage of emerging
technologies, to bridge the digital divide and facilitate their effective and
meaningful access to digital platforms, as this will help enhance their
competiveness in an increasingly digitally connected world, facilitate their
further integration into global value chains and support job creation.
17. We support policies taken by governments and the private sector to reduce the
investment gap, strengthen digital infrastructure and promote connectivity for
SMEs including outside of well-connected metropolitan areas, increase the
adoption of emerging technologies, enhance security and trust in the digital
economy, share best practices, for example through competence centres or
digital innovation hubs, as well as enable SMEs to empower their workforce
through the upgrading of leadership, management and digital literacy skills,
and to invest in the necessary complementary knowledge-based assets.
High-tech start-up ecosystems and collaborative innovation
18. The overall success of SMEs in embracing the opportunities brought about by
the Next Production Revolution also depends on a sufficiently dynamic
business environment, where innovative digital start-ups can grow and achieve
scale. Amongst SMEs, start-ups and young businesses (i.e. firms of 5 years old
or less) contribute disproportionally to job creation8. They are also nurturing
the development and diffusion of innovations, opening new markets and
paving the way for new business models.
19. We recognise the role our governments can play in addressing barriers to firm
entry and growth, and impediments to the restructuring or exiting of poorly
performing firms. Ensuring business dynamism will help in reducing the
widening productivity gap between frontier firms and laggards, also
contributing to more cohesive and inclusive societies. We will work towards
supporting developing and emerging countries in adopting and using digital
technologies and Internet-based entrepreneurship.
8
Calvino, F., C. Criscuolo and C. Menon (2016), “No Country for Young Firms?: Start-up Dynamics and
National Policies”, OECD Science, Technology and Industry Policy Papers, No. 29, OECD Publishing, Paris.
http://dx.doi.org/10.1787/5jm22p40c8mw-en
G7 ICT and Industry Ministerial Meeting 2017│ MAKING THE NEXT PRODUCTION REVOLUTION INCLUSIVE, OPEN
AND SECURE
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