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OECD makes recommendations to Azerbaijan in SME digitalization

Business Materials 11 May 2022 13:44 (UTC +04:00)
OECD makes recommendations to Azerbaijan in SME digitalization
Laman Zeynalova
Laman Zeynalova
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BAKU, Azerbaijan, May 11. The Organization for Economic Co-operation and Development (OECD) has made a number of recommendations to Azerbaijan for digitalization of small and medium-sized business, the organization told Trend.

OECD provides a set of policy considerations that Azerbaijan could use to: (i) promote a whole-of-government approach to digitalization, (ii) ensure that framework conditions are conducive to SME digitalization, and (iii) foster the uptake of digital solutions by SMEs.

Objective 1: Promote a whole-of-government approach to digitalization

Recommendation 1: Leverage “Azerbaijan 2030 Vision” and corresponding mid-term strategies to boost SME digitalization;

Recommendation 2: Improve co-ordination among institutions responsible for digital transformation;

Recommendation 3: Improve data collection on SME digitalization to support evidencebased policy making.

Objective 2: Ensure that framework conditions are conducive to SME digitalization

Recommendation 1: Continue improving digital infrastructure;

Recommendation 2: Strengthen the regulatory framework for digitalization;

Recommendation 3: Support the development of digital skills.

Objective 3: Promote uptake of digitalization among SMEs

Recommendation 1: Promote digital culture and increase digital awareness among entrepreneurs;

Recommendation 2: Understand SME digitalization needs;

Recommendation 3: Reinforce the provision of non-financial support services;

Recommendation 4: Boost financial support for SME digitalization;

Recommendation 5: Ensure the quality of the support services provided;

Recommendation 6: Leverage existing business and innovation support infrastructure to create an eco-system conducive to digitalization.

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