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EUROPA - Enterprise - Action Plan: The European agenda for ...
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Topic: Entrepreneurship
Sort Desciption: The European Union (EU) is committed to boosting entrepreneurship as .... To advance the entrepreneurship agenda the EU is faced with a double challenge: ...
Content Inside: EN EN COMMISSION OF THE EUROPEAN COMMUNITIES Brussels 11.02.2004 COM(2004) 70 final COMMUNICATION FROM THE COMMISSION TO THE COUNCIL THE EUROPEAN PARLIAMENT THE EUROPEAN ECONOMIC AND SOCIAL COMMITTEE AND THE COMMITTEE OF THE REGIONS Action Plan: The European agenda for Entrepreneurship 2 TABLE OF CONTENTS 1. Europes entrepreneurial challenge. 3 2. A Europe-wide debate on boosting entrepreneurship. 5 3. Five strategic policy areas. 6 3.1. Fuelling entrepreneurial mindsets. 7 3.2. Encouraging more people to become entrepreneurs. 8 3.3. Gearing entrepreneurs for growth and competitiveness. 10 3.4. Improving the flow of finance. 13 3.5. Creating a more SME-friendly regulatory and administrative framework. 14 4. The Commissions next steps to realise the entrepreneurship agenda. 16 5. Concrete results for Europes Entrepreneurs . 17 A NNEX I - P ROPOSALS FOR KEY ACTIONS FOR 2006 AND BEYOND . 19 3 1. E UROPE S ENTREPRENEURIAL CHALLENGE Entrepreneurship is a major driver of innovation competitiveness and growth. Due to their strong presence in key sectors such as services and knowledge-based activities smaller enterprises and entrepreneurs today play a central role in the EU economy. A positive and robust correlation between entrepreneurship and economic performance has been found in terms of growth firm survival innovation employment creation technological change productivity increases and exports. 1 But entrepreneurship brings more than that to our societies. It is also a vehicle for personal development and can harness social cohesion when the opportunity of creating ones own business is offered to everybody regardless of background or location. 2 The European Union (EU) is committed to boosting entrepreneurship as part of its strategy 3 to transform its economy and build its future economic and competitive strength. The Council called for action in favour of small enterprises and entrepreneurship notably by adopting the European Ch ...
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