The role of small and medium-sized enterprises (SMEs) in Europe's economy PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download The role of small and medium-sized enterprises (SMEs) in Europe's economy PDF full book. Access full book title The role of small and medium-sized enterprises (SMEs) in Europe's economy by Svetlana Shirobakina. Download full books in PDF and EPUB format.
Author: Svetlana Shirobakina
Publisher: GRIN Verlag
ISBN: 3638521869
Category : Business & Economics
Languages : en
Pages : 18
Get Book Here
Book Description
Essay from the year 2004 in the subject Business economics - Miscellaneous, grade: 1,3, University of Lincoln, course: B.A. European Business, language: English, abstract: The Lisbon European Council of March 2000 set the European Union a new strategic objective for the coming years:to become the most competitive and dynamic knowledge-based economy in the world, capable of sustained economic growth with more and better jobs and greater social cohesion. It is considered that Europe’s competitiveness and economic progress is strong dependent on its small and medium-sized enterprises, which are the key-source for job creating as well as for searching for new business ideas and innovative solutions, its main driver for entrepreneurship. For this reason, the European Council endorsed the “think small first” principle as one way to progress towards the Lisbon objectives. The idea of the small business has captured the imagination of the public and politicians over past years. They agree in the point that to meet the challenge of new integrated Europe requires a better business environment within the Internal Market, including the lightest possible administrative and regulatory burdens for small businesses and a better access to finance resources as well as creating of simple and effective legislation. It also requires a revolution in attitudes to entrepreneurship and to risk-taking processes, which will allow viewing failure as a part of experience, as an “opportunity to learn” from mistakes. They also emphasise the fact that small enterprises are normally more sensitive to changes in the business environment than large firms. They are the first to suffer if weighed down with excessive bureaucracy and creating new administrative burdens. And they are the first to flourish from initiatives such as decrease in taxation rate and promotion. My essay aims to answer the question to what extent the EU’s main market integration initiatives address the needs of SME’s and what should be done on the way to developing strong, competitive SMEs which would use all benefits from the Single European Market. It is important to define what we mean by SMEs before proceeding to answer these questions. For the purpose of this essay, SMEs are defined as non-subsidiary, independent firms, which employ less than 250 employees. We have to take into account the fact that this number may vary across national statistical systems. [...]
Author: Svetlana Shirobakina
Publisher: GRIN Verlag
ISBN: 3638521869
Category : Business & Economics
Languages : en
Pages : 18
Get Book Here
Book Description
Essay from the year 2004 in the subject Business economics - Miscellaneous, grade: 1,3, University of Lincoln, course: B.A. European Business, language: English, abstract: The Lisbon European Council of March 2000 set the European Union a new strategic objective for the coming years:to become the most competitive and dynamic knowledge-based economy in the world, capable of sustained economic growth with more and better jobs and greater social cohesion. It is considered that Europe’s competitiveness and economic progress is strong dependent on its small and medium-sized enterprises, which are the key-source for job creating as well as for searching for new business ideas and innovative solutions, its main driver for entrepreneurship. For this reason, the European Council endorsed the “think small first” principle as one way to progress towards the Lisbon objectives. The idea of the small business has captured the imagination of the public and politicians over past years. They agree in the point that to meet the challenge of new integrated Europe requires a better business environment within the Internal Market, including the lightest possible administrative and regulatory burdens for small businesses and a better access to finance resources as well as creating of simple and effective legislation. It also requires a revolution in attitudes to entrepreneurship and to risk-taking processes, which will allow viewing failure as a part of experience, as an “opportunity to learn” from mistakes. They also emphasise the fact that small enterprises are normally more sensitive to changes in the business environment than large firms. They are the first to suffer if weighed down with excessive bureaucracy and creating new administrative burdens. And they are the first to flourish from initiatives such as decrease in taxation rate and promotion. My essay aims to answer the question to what extent the EU’s main market integration initiatives address the needs of SME’s and what should be done on the way to developing strong, competitive SMEs which would use all benefits from the Single European Market. It is important to define what we mean by SMEs before proceeding to answer these questions. For the purpose of this essay, SMEs are defined as non-subsidiary, independent firms, which employ less than 250 employees. We have to take into account the fact that this number may vary across national statistical systems. [...]
Author: European Commission. Enterprise DG.
Publisher: Luxembourg : Office for Official Publications of the European Communities
ISBN:
Category : Business & Economics
Languages : en
Pages : 52
Get Book Here
Book Description
Author: OECD
Publisher: OECD Publishing
ISBN: 9264254471
Category :
Languages : en
Pages : 366
Get Book Here
Book Description
The SME Policy Index is a benchmarking tool designed for emerging economies to assess SME policy frameworks and monitor progress in policy implementation over time.
Author: Christos Nikas
Publisher: Springer
ISBN: 9783030482091
Category : Business & Economics
Languages : en
Pages : 191
Get Book Here
Book Description
This book studies the economic recovery of individual European Union member states more than ten years after the beginning of the global economic crisis. In light of austerity policies and conservative government investments in many EU countries, it explores how higher growth rates can be achieved by stimulating firms and economic sectors with a high accelerator potential. The contributing authors analyze the effects of EU policies on small and medium-sized enterprises (SMEs), while also studying EU policies with the potential to foster investments and economic growth. Furthermore the book assesses the EU policy on foreign direct investment (FDI) in the member states, in comparison with similar policies in Russia and the US. The authors demonstrate that FDI, besides providing financial resources, can facilitate modernization especially in the high technology sectors. Finally, the book provides a sector analysis and policy recommendations on tourism and immigration, as well as economic protectionism, since tourism has proved to be the most dynamic sector, especially in the European South, while immigration is one of the most serious issues the EU is currently facing. This book will appeal to scholars in economics and related fields, as well as decision-makers and professionals at governmental institutions looking for policy measures and tools to stimulate economic growth.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264305327
Category :
Languages : en
Pages : 494
Get Book Here
Book Description
The SME Policy Index is a benchmarking tool for emerging economies to monitor and evaluate progress in policies that support small and medium-sized enterprises.
Author: Marek Matejun
Publisher: Lodz University of Technology
ISBN: 8372836256
Category :
Languages : pl
Pages : 163
Get Book Here
Book Description
For many years, small and medium-sized enterprises have occupied an important place in the strategy of socio-economic development of the European Union. This is due to the fact that these entities have many important functions related to, among others, creating a significant share of the national income and jobs, introducing innovations and causing many other effects that positively influence the level of competitiveness of the European economy. In order to ensure favorable conditions for the development of the SME sector in the European Union at the central level, as well as at the level of individual countries and regions, numerous assistance programs are developed in the form of specific support instruments available for the smallest entities. Currently, the European Union is entering the new 2014-2020 programming period, which is associated with the implementation of the principles of the Europe 2020 Strategy. This perspective will be associated with the possibility of the participation of entrepreneurs in a number of projects and the use of many support instruments, both financial, as well as non-financial. As in the previous years, however, certain actions will have to be taken and the acquisition of specific skills useful in efforts to absorb the EU assistance will be required. At the same time, exploiting the potential of the environment in the 2014-2020 perspective will be associated with changes in the conditions for the functioning and development of many European small and medium-sized enterprises. The monograph is devoted to the above-presented matters. Its aim is the presentation, analysis and evaluation of selected issues which, according to the authors, will be important for development processes of small and medium-sized enterprises in the 2014-2020 perspective. The book consists of fourteen chapters, which are divided thematically into three separate parts. The first part concentrates on the external conditions for the development of small and medium-sized enterprises in the latest strategic perspective of the European Union. The second part of the monograph emphasizes the challenges and changes in management systems which will largely determine the functioning of the SME sector in the coming years. The third, and last, part of the monograph focuses on selected determinants of building the competitiveness of businesses in the SME sector. The monograph is addressed primarily to managers and owners of small and medium-sized enterprises, along with undergraduate and graduate students, as well as post-graduate business students. At the same time, we hope that this book will be also appreciated in the scientific community, enriching the debate on the future challenges in managing the development of small and medium-sized enterprises, as well as inspiring discussion and further research in this field.
Author: Eva Kaili
Publisher: Springer
ISBN: 3030028313
Category : Business & Economics
Languages : en
Pages : 204
Get Book Here
Book Description
This book looks at the 23 million registered Small and Medium Enterprises (SMEs) that make up 98 per cent of the EU economy. Addressing the high end of SMEs in terms of new models for SME funding and financial reporting, this merged way of looking at SMEs reveals a ‘myopic’ thinking in terms of net present value and (future) cash flows generating short-termism and low risk appetite for business. This is not an accounting issue, but rather a preference toward certain financial tools. A segment of SMEs, the ones that seek new ways of funding possibilities, as well as modern technologies (MTFs listing, blockchain, ICOs, etc.) do require, even without knowing, IFRS for SMEs. This book reveals how market conditions impact the financial performance and sustainability of SMEs and also generate innovative policy interventions and financing strategies for SME integrity and efficiency. The authors frame their arguments in the context of the Capital Markets Union, looking at the Innovation Triangle, SME growth ecosystem and business models. They conclude by advocating for closing the circle of financing and financial reporting for SMEs, while considering if new financial models of financing and financial reporting are good for all the SMEs or only for some. The economy is being shaped by new models of financing and financial reporting. Read this practitioners’ view to understand the current changes and challenges.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264178848
Category :
Languages : en
Pages : 317
Get Book Here
Book Description
This assessment of SME policy frameworks in eastern partnership countries helps support SME policy development in the eastern partnership countries through identification of strong and weak points in SME policy elaboration and implementation.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264330100
Category :
Languages : en
Pages : 526
Get Book Here
Book Description
This report marks the third edition in this series, following assessments in 2012 and 2016. It provides a comprehensive overview of the state of play in the implementation of the ten SBA principles, and monitors progress made since 2016. It also identifies remaining challenges affecting SMEs in the Eastern Partnership (EaP) countries and provides recommendations to address them based on EU and international good practice examples.
Author: Mark Sanders
Publisher: Springer Nature
ISBN: 3662610078
Category : Business & Economics
Languages : en
Pages : 262
Get Book Here
Book Description
This open access book is an outcome of the EU’s Horizon 2020 project ‘Financial and Institutional Reforms for an Entrepreneurial Society’ (FIRES). Building on historical, economic and legal analysis, and combining methods and data across disciplines, the authors provide policymakers, stakeholders and scholars with valuable new tools for assessing and improving Europe’s entrepreneurial ecosystems. Then experts from Germany, Italy and the United Kingdom discuss tailored strategies for introducing entrepreneurial policy reforms in their respective countries.
