Small and Medium-sized Enterprise

GPTKB entity

Statements (50)
Predicate Object
gptkbp:instanceOf gptkb:public_company
gptkbp:abbreviation gptkb:SME
gptkbp:category gptkb:business
company size classification
gptkbp:challenge gptkb:legislation
digital transformation
market access
access to finance
gptkbp:commonIn developing countries
developed countries
gptkbp:contrastsWith large enterprise
gptkbp:criteria number of employees
annual turnover
balance sheet total
gptkbp:defines gptkb:European_Union
gptkb:OECD
gptkb:World_Bank
businesses whose personnel numbers or financial position fall below certain limits
gptkbp:EU_balance_sheet_threshold not exceeding €43 million
gptkbp:EU_employee_threshold fewer than 250 employees
gptkbp:EU_turnover_threshold not exceeding €50 million
gptkbp:example IT consulting startup
family-owned manufacturing firm
local bakery
gptkbp:hasRole innovation
job creation
local development
https://www.w3.org/2000/01/rdf-schema#label Small and Medium-sized Enterprise
gptkbp:importantFor major contributor to economic growth
major contributor to employment
gptkbp:regulates international organizations
national governments
gptkbp:relatedTo entrepreneurship
startup accelerator
startups
venture capital
family-owned business
business support services
business loan
gptkbp:statistic SMEs account for more than 50% of employment worldwide
SMEs contribute up to 40% of GDP in emerging economies
over 90% of businesses worldwide are SMEs
gptkbp:subclassOf medium-sized enterprise
micro enterprise
small enterprise
gptkbp:supportedBy financial institutions
government policies
development agencies
gptkbp:bfsParent gptkb:SME
gptkbp:bfsLayer 5