The Digital Transformation of SMEs - © OECD 2021

Chapter 4 Figure 4.11. Blockchain entrepreneurs’ survey: Business barriers

Version 1 - Last updated: 26-Jan-2021
Disclaimer: http://oe.cd/disclaimer

The digital transformation of SMEs

FIGURE 4.11
TITLE Blockchain entrepreneurs’ survey: Business barriers
SUBTITLE Share of blockchain companies in Israel and Italy
SOURCE Authors’ calculation based on the OECD survey of blockchain entrepreneurs
NOTES YES

Israel An important obstacle Somewhat an obstacle A minor obstacle Not an obstacle Not applicable
Explaining the new technology and its value to the clients 0.15 0.20 0.50 0.10 0.05
Finding talents 0.15 0.25 0.30 0.25 0.05
Complying with regulations and administrative procedures 0.18 0.27 0.23 0.23 0.09
Obtaining financing 0.40 0.40 0.05 0.05 0.10

Italy An important obstacle Somewhat an obstacle A minor obstacle Not an obstacle Not applicable
Finding talents 0.17 0.40 0.27 0.13 0.03
Explaining the new technology and its value to the clients 0.23 0.33 0.20 0.10 0.13
Obtaining financing 0.43 0.17 0.23 0.07 0.10
Complying with regulations and administrative procedures 0.57 0.20 0.10 0.13 0.00

An important obstacle Somewhat an obstacle A minor obstacle

Not an obstacle Not applicable
Israel Italy

Complying with regulations and

Obtaining financing
administrative procedures

Complying with regulations and

Obtaining financing
administrative procedures

Explaining the new technology and

Finding talents
its value to the clients

Explaining the new technology and

Finding talents
its value to the clients

0% 20% 40% 60% 80% 100% 0% 20% 40% 60% 80% 100%

Note: Based on response from 20 and 30 entrepreneurs in Israel and Italy respectively.