1 How do we know that... Homero Gonçalves and Mário Lourenço

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Building business registers to monitor the entrepreneurial dynamics
Homero Gonçalves and Mário Lourenço
Porto, 20|22 June 2013
How do we know that...
1 company active
since the 16th
century
370 thousand
companies
5 enterprises
account for 3% of
employment
99.7% of all NFC
are SME
Building business registers to monitor the entrepreneurial dynamics
35 thousand
companies active
since the 80’s
100 enterprises
gather 41% of NFC 100 enterprises
gather 26% of
assets
turnover
3 enterprises
account for 5% of
turnover
Porto, 20|22 June 2013
2
1
Name
....
Location
Contains
How did we get here?
Business
Activity
indicator
Register
individual
Activity
sector
characteristics
Five
SPAI
steps
managed by
of each
company in
Banco de
Portugal
Institutional
sector
Age
Portugal
(current and
historical data)
Legal
nature
Size
Building business registers to monitor the entrepreneurial dynamics
Porto, 20|22 June 2013
3
The Business Register’s backbone
Each company receives an unique Legal Entity Identifier at birth
Allows intersecting different databases
Building business registers to monitor the entrepreneurial dynamics
Porto, 20|22 June 2013
4
2
Companies’ legal information
Legal Nature
Location
Name
Age
Ministry of Justice
Building business registers to monitor the entrepreneurial dynamics
Porto, 20|22 June 2013
5
Economic activity
Output
SICAE is a single database with information,
online, about the
statistical classification of Economic Activities (NACE) of any company
Internet
www.sicae.pt
The success of IES, based on the excellent institutional cooperation
Amendments
granted the idea …
Building business registers to monitor the entrepreneurial dynamics
Porto, 20|22 June 2013
6
3
Filling the gaps – BdP Micro Databases
Central
Credit
Register
Securities
Statistics
Integrated
System
Central
BalanceSheet Data
Quantitative
Indicators
Dimension
Balance of
Payments
Interest
rates
Building business registers to monitor the entrepreneurial dynamics
Activity
Indicator
Porto, 20|22 June 2013
7
Matching all the data
Solve issues
like:
With:
Scattered
Hierarchy of
information
sources
Different
Events logic
updating
On-going
times
actualization
Incoherent
data
Building business registers to monitor the entrepreneurial dynamics
Porto, 20|22 June 2013
8
4
Current situation
SICAE
SPAI
BdP Micro
Databases
Ministry
of Justice
Identifier
Building business registers to monitor the entrepreneurial dynamics
Porto, 20|22 June 2013
9
Next Step: Shared Business Register among all entities
Statistics Portugal
FUESEN
SPAI
Ministry of Finance
Ministry of Justice
Building business registers to monitor the entrepreneurial dynamics
Porto, 20|22 June 2013
10
5
Business Registers: Matching the pieces to see the whole picture
Building business registers to monitor the entrepreneurial dynamics
Porto, 20|22 June 2013
11
Business Registers
• Designing business registers benefits from great inter-institutional
cooperation.
• Business registers enhance the comparability between statistical
outputs from different fields of statistical knowledge.
• They enable users to cross-reference data from micro-data
databases…
• … and allow, by themselves, the monitoring of business and
entrepreneurial dynamics.
Building business registers to monitor the entrepreneurial dynamics
Porto, 20|22 June 2013
12
6
www.bportugal.pt
Building business registers to monitor the entrepreneurial dynamics
Porto, 20|22 June 2013
13
Homero Gonçalves
Sectoral Analysis Unit – Central Balance-Sheet Data Office
hgoncalves@bportugal.pt
7
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