Micro enterprises are a more important source of jobs in some countries than in others. Data from Entrepreneurship at a Glance, a publication of the Organization for Economic Development and Cooperation (OECD), shows wide variation across nations in the share of employment in micro-businesses. While nearly 60 percent of Greeks work in businesses with one-to-nine employees, only 4.6 percent of Slovaks do.
Americans are less likely than people in many other countries to work in micro enterprises. As the figure below shows, only 11.1 percent of Americans worked for companies with fewer than ten employees in 2007 (the latest year for which the data are available).
With such different shares of their work forces in micro businesses, policy makers in different countries must take varying approaches to stimulating employment. In Greece and Italy, for instance, government officials need to concentrate on ways to help micro business owners, while in the Slovak Republic and Luxembourg, those in a similar positions need to employ other policies entirely.
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