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SOME ASPECTS ABOUT THE SMALL BUSINESS AND EU POLICY

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Author(s): Mariana LUPAN

Journal: Annals of the Stefan cel Mare University of Suceava : Fascicle of the Faculty of Economics and Public Administration
ISSN 2066-575X

Volume: 8;
Issue: 1(8);
Start page: 85;
Date: 2008;
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Keywords: small business | EU policy | internationalization | EU enlargement

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

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