Copenhagen Economics has conducted a new study on the investment climate in Denmark, this time focusing on how small and medium sized Danish companies can increase growth and innovation. The study is published today at a high level conference hosted by Axcelfuture.
The study includes a thorough analysis of the current barriers to growth which includes lack of scale, limited access to venture capital, and various ‘soft’ framework conditions.
It also presents a catalogue of initiatives to improve Danish firms’ ability to carry out productive and profitable investments.
The main suggestions of the catalogue are to
- Reduce the costs of investments
- Implement a more investor friendly bankruptcy act
- Activate the Danish pension funds
- Appoint a corporate tax commission
- Reform some of the ‘soft’ framework conditions, primarily within education, research, and public procurement.