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