The European enterprise policy. A critical analysis

During the last few decades the European Union is carrying out a programme focused on the promotion of entrepreneurship and SMEs. In this article, firstly, we address the pertinence of the measures to encourage entrepreneurship in the European Union, considering some recent theoretical and empirical findings about the contribution of entrepreneurs and SMEs to economic dynamism. Next, we review panoramically the main EU actions to promote entrepreneurship and support SME sector in the last decade. Finally, the strategic orientation of this EU policy is discussed, identifying its strengths and some deficiencies.

Isidoro Romero Luna
José Fernández Serrano
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