BAKU, Azerbaijan, March 15. Azerbaijan may
additional strengthen SME digitalization by bettering framework
situations, the Organization for Economic Co-operation and
Development (OECD) advised Trend.
“In 2020, building on the regional publication “Beyond COVID-19:
Advancing Digital Business Transformation within the Eastern Partner
Countries”, the OECD carried out an evaluation of Azerbaijan’s
assist to enterprise digitalization. The report “Promoting
Enterprise Digitalization in Azerbaijan” concludes that Azerbaijan
made vital progress in bettering the enterprise setting for
SMEs during the last decade, by reforming the operational and
regulatory setting and strengthening the institutional assist
for SME improvement by the institution of the Small and
Medium Business Development Agency and the Innovation and Digital
Development Agency,” stated OECD.
However, the group believes {that a} vital hole
stays close to the digital transformation of SMEs.
“Moving ahead Azerbaijan may additional strengthen SME
digitalization by bettering framework situations (e.g. by the
implementation of a nicely co-ordinated National Digitalization
Strategy), and by selling the adoption of digital instruments by SMEs
by extra focused monetary assist and advisory companies,
leveraging the present enterprise and innovation assist
infrastructure,” stated the OECD.
The Organization for Economic Co-operation and Development is an
worldwide group that works to form insurance policies that foster
prosperity, equality, alternative and well-being for all.
Together with governments, coverage makers and residents, it really works
on establishing evidence-based worldwide requirements and discovering
options to a spread of social, financial and environmental
challenges. From bettering financial efficiency and creating jobs
to fostering robust schooling and preventing worldwide tax
evasion, OECD present a novel discussion board and information hub for knowledge and
evaluation, alternate of experiences, best-practice sharing, and
recommendation on public insurance policies and worldwide standard-setting.
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