Scaling without mass: a model to foster SMEs' growth and productivity

Summary

The transformation toward the new digital economy, characterized by mobile Internet access and the use of the cloud, has resulted in lower investment in ICT capital goods and increased access to this technology through pay-to-use services.

Key points

• Key points:
• Digital transformation has the potential to improve the productivity and growth of SMEs by facilitating innovation, fostering competition, and improving efficiency and flexibility.
• Data from Eurostat suggest that the digital transformation of Spanish SMEs is somewhat behind the European average.

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