Legal basis for policy support and assistance to small and medium-sized businesses in the European Union
Journal Title: Альманах міжнародного права - Year 2016, Vol 13, Issue
Abstract
The article deals with the legal basis for regulation policy of the small and medium- sized enterprises in the European Union. The author with that thesis argues that Small enterprises are the backbone of the European economy. They are a key source of jobs and a breedingground for business ideas. Europe’s efforts to usher in the new economy will succeed only if small business is brought to the top of the agenda. Small enterprises considered as a main driver for innovation, employment as well as social and local integration in Europe. The best possible environment for small business and entrepreneurship needs therefore to be created. To realize that European Union makes next steps in the sphere of regulation: – achieve a regulatory, fiscal and administrative framework conducive to entrepreneurial activity and improve the status of entrepreneurs; – ensure access to markets on the basis of the least burdensome requirements that are consistent with overriding public policy objectives; – facilitate access to the best research and technology; – improve access to finance throughout the entire life-cycle of an enterprise; – listen to the voice of small business; The author analyzes the main regulations, principles and methods, which have to be used on the process of realization of policy of the supporting and promotion of small and medium-sized enterprises in the European Union.
Authors and Affiliations
О. А. ДЕЛІНСЬКИЙ, В. І. ДОРОНІНА
Keywords
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