in Europe: The Case of Small and Medium-sized Enterprises (original) (raw)

Small and medium-sized enterprises in European Union

2015

Small and medium-sized enterprises are often referred to as the backbone of European economy, providing a potential source for jobs and economic growth. They may be viewed as important players in the wellbeing of local and regional communities, with considerable potential for employment creation. The paper examines development of SMEs across the EU member states, illustrated by rankings according with selected indexes, taking into account in the SME sector in the EU countries against the backdrop of general economic situation. Enterprise statistics were analyzed by number of enterprises, employment size and value added generated by this sector. Studies have shown that the economic situation of the country has a some impact on the access of companies from the MSE sector to various sources of financing, especially for debt financing. The dynamics of structural change, the SME sector shows that the increase in the number of enterprises is not always accompanied by improvements in produ...

Small business dynamics in Europe

Small Business Economics, 1994

Document complet disponible sur OLIS dans son format d'origine Complete document available on OLIS in its original format DSTI/DOC(2004)1 Unclassified English text only DSTI/DOC(2004)1 2 STI Working Paper Series The Working Paper series of the OECD Directorate for Science, Technology and Industry is designed to make available to a wider readership selected studies prepared by staff in the Directorate or by outside consultants working on OECD projects. The papers included in the series cover a broad range of issues, of both a technical and policy-analytical nature, in the areas of work of the DSTI. The Working Papers are generally available only in their original language-English or French-with a summary in the other.

Medium-sized enterprises in Europe: a preliminary comparative analysis

Medium-sized enterprises in Europe, 2013

This essay summarizes the main results of the survey promoted by Confindustria, R&D-Mediobanca and Unioncamere on mid-sized enterprises in Europe in light of the literature on clusters of firms and recent developments in industrial organization, namely the spread of lean production methods originating in Japan and Europe and the globalization of the real economy and finance. In this context, production is increasingly polarized between standardized goods, for which the dominant note is the effort to wring the largest possible cost savings from transfers of factories to emerging countries, and differentiated, mainly high-quality goods. The latter can be produced by companies based in advanced countries, which manage to be competitive when corporate objectives are keyed to maximizing the value of production through advanced, innovative processes. Mid-sized enterprises in Italy, France, Spain and Germany have a robust financial structure and are well-positioned in the market. The identification of the entrepreneur and employees with the firm is an essential sign: in the three countries, when a firm does not exceed a certain size, it remains, in Becattini's words, a life project. The medium-sized firm displays the following key characteristics: family control; product specializetion deriving from hight technical skills and innovative capacity; fragmentation of the production structure along a chain often marked by proximity;; a commercial strategy of securing and developing niche markets; a strong capital base and, consequently, relatively low leverage. These factors explain mid-sized firms ability to overcome even severe economic crises, such as the recent recession.

SMALL AND MEDIUM ENTERPRISES IN EUROPEAN UNION

2011

Sustainable development of European Union, in conformity with objectives and provisions of “Europe of 2020” Strategy, is based on capitalization of potential small and medium enterprises. The paper presents relevant aspects concerning SMEs community space sector and emphasizes main adopted documents and actions, developed by European Union organisms, in order to create and consolidate a favorable environment for SMEs development.

Small Business in Europe

1986

Introduction Characteristics of small businesses Statistical background Taxation Sources of finance The role of government and other agencies Future prospects for SBs

Development of small and medium enterprises: the EU and east-partnership countries experience

2018

Last twenty years small and medium enterprises (here and after — SME) play crucial role and make a great impact on the growth economy. Latest research shows their incresing part in GDP in the most highly developed countries. High developed SME sector became a feature of wealthy economy and prosperous country. In the Investopedia the definition of SME looks like small and midsize enterprises are businesses that maintain revenues, assets or a number of employees below a certain threshold. Every country and economic organization has its own definition of what is considered a small and medium- sized enterprise. In the United States, there is no distinct way to identify SMEs, but in the European Union, a small-sized enterprise is a company with fewer than 50 employees, while a medium-sized enterprise is one with fewer than 250 employees. As statistics shows, more than 15,2 thousand of medium and 328 thousand of small business representatives function in Ukraine. On these enterprises more...

European policy on the development of Small and Medium-sized enterprises from the perspective of the Executive Agency for Small and Medium-sized Enterprises

Journal of modern science, 2015

Th e new fi nancing perspective in the European Union described for the years 2014–2020 and new economic and political challenges of Europe and the globalizing world demand new legal and institutional solutions. In that perspective, changes in fi nancing policy of research programs aimed at innovative technologies and products. Small and Medium-sized enterprises demand a particular support which not always may bear the funds of reaching and implementation of innovative technologies by themselves, especially those ecological ones, fi ghts administrative diffi culties connected with quite high fi nancial costs. For this purpose for a long time established the life of executive agencies, including Th e Executive Agency for Small and Medium-sized Enterprises. Th e Agency was entrusted the management of numerous EU’s programs, so far spread on other decentralized institutions or being subject directly to the Commission. Th e newly created Agency remains the structure similar to the exist...

SMEs in Europe 2003

2004

For more information on the current series of reports in the framework of The Observatory of European SMEs, see the website of the Enterprise DG at http://europa.eu.int/comm/enterprise.

Some aspects about the small business and EU policy

Annals of the Stefan cel Mare University of Suceava- …, 2008

Over the last two decades entrepreneurship and small and medium enter prises (SMEs) have emerged as the engines of economic and social development throughout the world. SMEs are now considered as important drivers behind the growth and creation of employment, economic growth and increased national and regional competitiveness in a globalised economy. Within the European Union the SME sector is seen as a major feature of the economy. SMEs are key to entrepreneurial spirit and innovation, and therefore crucial to ensuring EU competitiveness.

Small Enterprise Development in South-East Europe

2002

Softcover reprint of the hardcover 1 st edition 2002 AII rights reserved. No part of this work may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, microfilming, recording, or otherwise, without written permission from the Publisher, with the exception of any material supplied specifically for the purpose of being entered and executed on a computer system, for exclusive use by the purchaser of the work.