Chile : A Strategy to Promote Innovative Small and Medium Enterprises

This study is to provide the Government of Chile with a review of the portfolio of small and medium enterprise (SMEs) development programs and the institutions that provide them, leading to recommendations to improve the effectiveness of a streamli...

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Bibliographic Details
Main Author: World Bank
Format: Other Public Sector Study
Language:English
en_US
Published: Washington, DC 2013
Subjects:
GDP
OIL
SME
Online Access:http://documents.worldbank.org/curated/en/2004/05/4932014/chile-strategy-promote-innovative-small-medium-enterprises
http://hdl.handle.net/10986/14352
id okr-10986-14352
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic AGRICULTURE
BANK LOANS
BENCHMARKING
BENEFIT ANALYSIS
BONDS
BUSINESS ASSOCIATION
BUSINESS ASSOCIATIONS
BUSINESS ENVIRONMENT
BUSINESS NETWORKS
BUSINESS OPPORTUNITIES
BUSINESS PLANS
BUSINESS SECTORS
CAPITAL MARKETS
COAL
COMMERCIAL BANKS
COMPETITION POLICY
COMPETITIVENESS
COMPETITORS
CORPORATION
COST SAVINGS
DECENTRALIZATION
DECISION MAKING
DEVELOPED COUNTRIES
DEVELOPMENT PROJECTS
ECONOMIC CONDITIONS
ECONOMIC COOPERATION
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIES OF SCALE
EMPLOYMENT
ENTERPRISE DEVELOPMENT
ENVIRONMENTAL CONSERVATION
EQUILIBRIUM
EXPANSION
EXPORTS
EXTREME POVERTY
FINANCIAL INSTITUTION
FINANCIAL INSTITUTIONS
FINANCIAL INTERMEDIARIES
FINANCIAL MARKETS
FINANCIAL RESOURCES
FINANCIAL SECTOR
FINANCIAL SERVICES
FISHERIES
FISHING
FOREIGN DIRECT INVESTMENT
FORESTRY
GDP
GOVERNMENT SUBSIDIES
GOVERNMENT SUPPORT
GROSS DOMESTIC PRODUCT
GROSS VALUE
GROWTH RATE
HUMAN CAPITAL
INCOME
INCREASING RETURNS
INCREASING RETURNS TO SCALE
INDUSTRIAL POLICY
INNOVATIONS
INTEREST RATES
LABOR PRODUCTIVITY
LEARNING
LEASING
LOCAL INSTITUTIONS
MEDIUM ENTERPRISE DEVELOPMENT
MEDIUM-SIZE
MEDIUM-SIZE ENTERPRISES
MONETARY POLICY
OIL
PORTFOLIO
PRIVATE SECTOR
PRIVATE SECTOR ASSISTANCE
PRIVATE SECTOR DEVELOPMENT
PRIVATE SECTOR FIRMS
PRODUCERS
PRODUCTIVITY
PROGRAMMING
RESOURCE ALLOCATION
RETURNS TO SCALE
SAVINGS
SCALE EFFECTS
SCIENTIFIC RESEARCH
SMALL AND MEDIUM ENTERPRISE
SMALL AND MEDIUM ENTERPRISES
SMALL BUSINESS
SMALL BUSINESS ADMINISTRATION
SMALL BUSINESS SECTOR
SMALL BUSINESSES
SMALL ENTREPRENEURS
SMALL FIRMS
SMALL-SCALE
SMALL-SCALE INDUSTRIES
SME
SME DEVELOPMENT
SME LENDING
SME SECTOR
SME SUPPORT PROGRAMS
SMES
STATE ENTERPRISES
SUPPLIERS
TECHNICAL ASSISTANCE
TECHNICAL SUPPORT
TECHNOLOGY ADOPTION
TIME SERIES
TOTAL FACTOR PRODUCTIVITY
TRAINING PROGRAMS
UNEMPLOYMENT
UNEMPLOYMENT RATE
UNFAIR COMPETITION
VENTURE CAPITAL
spellingShingle AGRICULTURE
BANK LOANS
BENCHMARKING
BENEFIT ANALYSIS
BONDS
BUSINESS ASSOCIATION
BUSINESS ASSOCIATIONS
BUSINESS ENVIRONMENT
BUSINESS NETWORKS
BUSINESS OPPORTUNITIES
BUSINESS PLANS
BUSINESS SECTORS
CAPITAL MARKETS
COAL
COMMERCIAL BANKS
COMPETITION POLICY
COMPETITIVENESS
COMPETITORS
CORPORATION
COST SAVINGS
DECENTRALIZATION
DECISION MAKING
DEVELOPED COUNTRIES
DEVELOPMENT PROJECTS
ECONOMIC CONDITIONS
ECONOMIC COOPERATION
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIES OF SCALE
EMPLOYMENT
ENTERPRISE DEVELOPMENT
ENVIRONMENTAL CONSERVATION
EQUILIBRIUM
EXPANSION
EXPORTS
EXTREME POVERTY
FINANCIAL INSTITUTION
FINANCIAL INSTITUTIONS
FINANCIAL INTERMEDIARIES
FINANCIAL MARKETS
FINANCIAL RESOURCES
FINANCIAL SECTOR
FINANCIAL SERVICES
FISHERIES
FISHING
FOREIGN DIRECT INVESTMENT
FORESTRY
GDP
GOVERNMENT SUBSIDIES
GOVERNMENT SUPPORT
GROSS DOMESTIC PRODUCT
GROSS VALUE
GROWTH RATE
HUMAN CAPITAL
INCOME
INCREASING RETURNS
INCREASING RETURNS TO SCALE
INDUSTRIAL POLICY
INNOVATIONS
INTEREST RATES
LABOR PRODUCTIVITY
LEARNING
LEASING
LOCAL INSTITUTIONS
MEDIUM ENTERPRISE DEVELOPMENT
MEDIUM-SIZE
MEDIUM-SIZE ENTERPRISES
MONETARY POLICY
OIL
PORTFOLIO
PRIVATE SECTOR
PRIVATE SECTOR ASSISTANCE
PRIVATE SECTOR DEVELOPMENT
PRIVATE SECTOR FIRMS
PRODUCERS
PRODUCTIVITY
PROGRAMMING
RESOURCE ALLOCATION
RETURNS TO SCALE
SAVINGS
SCALE EFFECTS
SCIENTIFIC RESEARCH
SMALL AND MEDIUM ENTERPRISE
SMALL AND MEDIUM ENTERPRISES
SMALL BUSINESS
SMALL BUSINESS ADMINISTRATION
SMALL BUSINESS SECTOR
SMALL BUSINESSES
SMALL ENTREPRENEURS
SMALL FIRMS
SMALL-SCALE
SMALL-SCALE INDUSTRIES
SME
SME DEVELOPMENT
SME LENDING
SME SECTOR
SME SUPPORT PROGRAMS
SMES
STATE ENTERPRISES
SUPPLIERS
TECHNICAL ASSISTANCE
TECHNICAL SUPPORT
TECHNOLOGY ADOPTION
TIME SERIES
TOTAL FACTOR PRODUCTIVITY
TRAINING PROGRAMS
UNEMPLOYMENT
UNEMPLOYMENT RATE
UNFAIR COMPETITION
VENTURE CAPITAL
World Bank
Chile : A Strategy to Promote Innovative Small and Medium Enterprises
geographic_facet Latin America & Caribbean
Chile
description This study is to provide the Government of Chile with a review of the portfolio of small and medium enterprise (SMEs) development programs and the institutions that provide them, leading to recommendations to improve the effectiveness of a streamlined portfolio. This emphasis is important for economic reasons, given the sectors role in employment, and the possibility of improving its integration into the national economy and export-oriented production and marketing chains. However, this analysis also identifies areas where SMEs can more effectively leverage government programs to become more productive, efficient, and innovative. The analysis is based on interviews with key policymakers, managers and other staff of the government institutions responsible for most of the programs secondary reports, and discussions with small business managers, business association leaders, academicians and financial intermediaries. The report is organized as follows: The first chapter reviews the evolution of the macroeconomic and business environment in Chile, and provides the theoretical arguments upon which the governments intervention in favor of SMEs has been based; second chapter examines the characteristics of the SME sector, as well as key determinants of SME productivity and growth; third chapter describes the obstacles to SME development, such as constraints to financial resources; fourth chapter recommends a streamlined portfolio of private sector assistance projects and provides an institutional analysis of Production Development Corporation (Corporacion de Fomento de la Produccion) (CORFO), Agricultural Development Institute (Instituto de Desarrollo Agropecuario) (INDAP) and Technical Cooperation Service of Chile (Servicio de Cooperacion Tecnica de Chile) (SERCOTEC); fifth chapter focuses on programs that promote innovation, technology and networks, and finally sixth chapter offers strategic and operational recommendations to improve the effectiveness of the Governments investment in SME programs.
format Economic & Sector Work :: Other Public Sector Study
author World Bank
author_facet World Bank
author_sort World Bank
title Chile : A Strategy to Promote Innovative Small and Medium Enterprises
title_short Chile : A Strategy to Promote Innovative Small and Medium Enterprises
title_full Chile : A Strategy to Promote Innovative Small and Medium Enterprises
title_fullStr Chile : A Strategy to Promote Innovative Small and Medium Enterprises
title_full_unstemmed Chile : A Strategy to Promote Innovative Small and Medium Enterprises
title_sort chile : a strategy to promote innovative small and medium enterprises
publisher Washington, DC
publishDate 2013
url http://documents.worldbank.org/curated/en/2004/05/4932014/chile-strategy-promote-innovative-small-medium-enterprises
http://hdl.handle.net/10986/14352
_version_ 1764428517474304000
spelling okr-10986-143522021-04-23T14:03:17Z Chile : A Strategy to Promote Innovative Small and Medium Enterprises World Bank AGRICULTURE BANK LOANS BENCHMARKING BENEFIT ANALYSIS BONDS BUSINESS ASSOCIATION BUSINESS ASSOCIATIONS BUSINESS ENVIRONMENT BUSINESS NETWORKS BUSINESS OPPORTUNITIES BUSINESS PLANS BUSINESS SECTORS CAPITAL MARKETS COAL COMMERCIAL BANKS COMPETITION POLICY COMPETITIVENESS COMPETITORS CORPORATION COST SAVINGS DECENTRALIZATION DECISION MAKING DEVELOPED COUNTRIES DEVELOPMENT PROJECTS ECONOMIC CONDITIONS ECONOMIC COOPERATION ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIES OF SCALE EMPLOYMENT ENTERPRISE DEVELOPMENT ENVIRONMENTAL CONSERVATION EQUILIBRIUM EXPANSION EXPORTS EXTREME POVERTY FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIARIES FINANCIAL MARKETS FINANCIAL RESOURCES FINANCIAL SECTOR FINANCIAL SERVICES FISHERIES FISHING FOREIGN DIRECT INVESTMENT FORESTRY GDP GOVERNMENT SUBSIDIES GOVERNMENT SUPPORT GROSS DOMESTIC PRODUCT GROSS VALUE GROWTH RATE HUMAN CAPITAL INCOME INCREASING RETURNS INCREASING RETURNS TO SCALE INDUSTRIAL POLICY INNOVATIONS INTEREST RATES LABOR PRODUCTIVITY LEARNING LEASING LOCAL INSTITUTIONS MEDIUM ENTERPRISE DEVELOPMENT MEDIUM-SIZE MEDIUM-SIZE ENTERPRISES MONETARY POLICY OIL PORTFOLIO PRIVATE SECTOR PRIVATE SECTOR ASSISTANCE PRIVATE SECTOR DEVELOPMENT PRIVATE SECTOR FIRMS PRODUCERS PRODUCTIVITY PROGRAMMING RESOURCE ALLOCATION RETURNS TO SCALE SAVINGS SCALE EFFECTS SCIENTIFIC RESEARCH SMALL AND MEDIUM ENTERPRISE SMALL AND MEDIUM ENTERPRISES SMALL BUSINESS SMALL BUSINESS ADMINISTRATION SMALL BUSINESS SECTOR SMALL BUSINESSES SMALL ENTREPRENEURS SMALL FIRMS SMALL-SCALE SMALL-SCALE INDUSTRIES SME SME DEVELOPMENT SME LENDING SME SECTOR SME SUPPORT PROGRAMS SMES STATE ENTERPRISES SUPPLIERS TECHNICAL ASSISTANCE TECHNICAL SUPPORT TECHNOLOGY ADOPTION TIME SERIES TOTAL FACTOR PRODUCTIVITY TRAINING PROGRAMS UNEMPLOYMENT UNEMPLOYMENT RATE UNFAIR COMPETITION VENTURE CAPITAL This study is to provide the Government of Chile with a review of the portfolio of small and medium enterprise (SMEs) development programs and the institutions that provide them, leading to recommendations to improve the effectiveness of a streamlined portfolio. This emphasis is important for economic reasons, given the sectors role in employment, and the possibility of improving its integration into the national economy and export-oriented production and marketing chains. However, this analysis also identifies areas where SMEs can more effectively leverage government programs to become more productive, efficient, and innovative. The analysis is based on interviews with key policymakers, managers and other staff of the government institutions responsible for most of the programs secondary reports, and discussions with small business managers, business association leaders, academicians and financial intermediaries. The report is organized as follows: The first chapter reviews the evolution of the macroeconomic and business environment in Chile, and provides the theoretical arguments upon which the governments intervention in favor of SMEs has been based; second chapter examines the characteristics of the SME sector, as well as key determinants of SME productivity and growth; third chapter describes the obstacles to SME development, such as constraints to financial resources; fourth chapter recommends a streamlined portfolio of private sector assistance projects and provides an institutional analysis of Production Development Corporation (Corporacion de Fomento de la Produccion) (CORFO), Agricultural Development Institute (Instituto de Desarrollo Agropecuario) (INDAP) and Technical Cooperation Service of Chile (Servicio de Cooperacion Tecnica de Chile) (SERCOTEC); fifth chapter focuses on programs that promote innovation, technology and networks, and finally sixth chapter offers strategic and operational recommendations to improve the effectiveness of the Governments investment in SME programs. 2013-07-02T19:46:55Z 2013-07-02T19:46:55Z 2004-05-21 http://documents.worldbank.org/curated/en/2004/05/4932014/chile-strategy-promote-innovative-small-medium-enterprises http://hdl.handle.net/10986/14352 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Other Public Sector Study Economic & Sector Work Latin America & Caribbean Chile