(ANSA) – PARIGI, 02 SET – Ambassador Luca Sabbatucci, Italy’s Permanent Representative to International Organizations in Paris, spoke today at the workshop “Challenges Facing Small and Medium-sized Enterprises (SMEs) in the New Geopolitical Context,” organized by INSME – International Network for Small and Medium-sized Enterprises (an Italy-based body that brings together governments, international organizations, research centers and business associations, with the aim of promoting innovation, internationalization and sustainable growth of small and medium-sized enterprises), and Der Mittelstand. BVMW -, the leading association of small and medium-sized enterprises in Germany, representing the interests of more than 900,000 companies.
The meeting, hosted by the Organization for Economic Co-operation and Development (OECD), addressed the impact of recent geopolitical changes on small and medium-sized enterprises, true engines of employment and innovation for the European economy and the Italian economy in particular. Participants analyzed the reflections of contemporary shocks, such as conflicts, new scenarios in international trade, economic volatility and transformations in global value chains. All of which combine to reshape the operating environment for SMEs.
In his speech, Ambassador Sabbatucci focused on some of the main challenges facing small and medium-sized enterprises, recalling how the advent of Artificial Intelligence will result in adaptation needs for the entire sector. In this respect, the Ambassador emphasized how agile structures such as those of SMEs tend to be more flexible and able to adapt more quickly to innovation than more complex organizations.
Ambassador Sabbatucci then mentioned how SMEs cover about 80 percent of the labor market in Italy, constituting the true backbone of our economy. Finally, the diplomat mentioned some of the tools put in place by the Italian government to support small and medium-sized enterprises, such as administrative simplification (Think Small First), the involvement of the sector in procurement procedures, and, in particular, the creation of Competence Centers, incubators and accelerators, real innovation poles with a strategic role in supporting SMEs and startups, fostering the development of new technologies, entrepreneurial growth and strengthening competitiveness in markets.
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The meeting, hosted by the Organization for Economic Co-operation and Development (OECD), addressed the impact of recent geopolitical changes on small and medium-sized enterprises, true engines of employment and innovation for the European economy and the Italian economy in particular. Participants analyzed the reflections of contemporary shocks, such as conflicts, new scenarios in international trade, economic volatility and transformations in global value chains. All of which combine to reshape the operating environment for SMEs.
In his speech, Ambassador Sabbatucci focused on some of the main challenges facing small and medium-sized enterprises, recalling how the advent of Artificial Intelligence will result in adaptation needs for the entire sector. In this respect, the Ambassador emphasized how agile structures such as those of SMEs tend to be more flexible and able to adapt more quickly to innovation than more complex organizations.
Ambassador Sabbatucci then mentioned how SMEs cover about 80 percent of the labor market in Italy, constituting the true backbone of our economy. Finally, the diplomat mentioned some of the tools put in place by the Italian government to support small and medium-sized enterprises, such as administrative simplification (Think Small First), the involvement of the sector in procurement procedures, and, in particular, the creation of Competence Centers, incubators and accelerators, real innovation poles with a strategic role in supporting SMEs and startups, fostering the development of new technologies, entrepreneurial growth and strengthening competitiveness in markets.
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