New Study: “How Can Ukrainian SME Grow into National and Global Champions? – Based on the German Experience”
In their new study “How Can Ukrainian SME Grow into National and Global Champions? Based on the German Experience“ Hlib Vyshlinsky, Executive Director at Center for Economic Strategy (CES) and Dmytro Yablonovskyy, Deputy Director at CES as well as Oksana Kuziakiv, Chief Executive of the Institute for Economic Research and Policy Consulting (IER) and Dr. Niclas Rüffer, Advisor of the Deutsche Gesellschaft für internationale Zusammenarbeit (GIZ) in Kiev analyse perspectives of small and medium-sized enterprises (SME) in Ukraine.
The starting point is the example of Germany, where SMEs traditionally have a large share in the overall economy. According to them, SMEs are drivers for sustainable growth and innovation. In Germany, this applies especially to the so-called “hidden champions”. Against this background, the experts examined the situation for companies in Ukraine. In addition to structural problems such as a weak rule of law and political and economic instability, SMEs in Ukraine also lack capabilities and productivity. Based on their findings, the authors formulate a series of policy recommendations. The aim is to promote SMEs at national and regional level.
The research paper has been elaborated and published in the framework of the Berlin Policy Hub. The project is part of the “Europeanization beyond process” initiative. It is supported by the Open Society Foundation for Europe and aims at fostering the network between researchers from Eastern Partnership countries and their EU counterparts.
The full text can be found here.