Download or read book Annual report on European SMEs 2020 2021 written by Karen Hope and published by . This book was released on 2021 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: 2020 was a momentous year for EU SMEs, as well as for EU business and citizens more generally. The Covid-19 crisis brought to an abrupt halt or even reversed the gains made by the EU SME sector over the past decade. Many industries, especially in the SME-intensive services sector, experienced large declines in sales as a result of the various lockdowns and other measures introduced by Member States to fight the spread of Covid-19, although conversely, some industries actually saw their sales increase. However, the various business support measures implemented by Member States during the pandemic limited the employment impact of the decline in economic activity. The first part of this report reviews the impact of the pandemic on EU SMEs in 2020, and the likely performance of EU SMEs in 2021, after providing a brief overview of their pre-pandemic performance. The second part of the report focuses on the digitalisation of SMEs. The use by SMEs in 2020 of various digital tools (e.g. remote working, online/click and collect selling, etc.) helped to mitigate the impact of the pandemic. In this regard, the 2020 'EU SME Strategy for a sustainable and digital Europe' was launched at the most opportune time. It aims to "support European SMEs through strengthening their capacities to adapt to climate neutrality challenges, help them to reap the benefits of digitalisation, reduce the regulatory burden that SMEs face, and improve their opportunities to access finance". This report supports the SME Strategy, by reviewing and assessing the digitalisation activities undertaken by SMEs so far, especially during the pandemic, as well as the digitalisation issues and challenges faced by SMEs, and actual and potential policy responses to these challenges. The analysis focuses on two distinct aspects of the digitalisation of SMEs. Firstly, the performance of SMEs which are active in the digital sector and, secondly, the digitalisation of activities carried out by all SMEs, irrespective of sector.
Download or read book Annual report on European SMEs 2020 2021 written by Karen Hope and published by . This book was released on 2021 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This background document provides detailed information for some of the topics addressed in the Annual Report on European SMEs 2020/21.
Download or read book Annual Report on European SMEs 2021 2022 written by Karen Hope and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since early 2020, due to the Covid-19 pandemic, the 23 million EU-27 SMEs, and more generally, SMEs throughout the world, have faced unprecedented economic uncertainty and turmoil. Moreover, through part of 2021, SMEs faced difficulties in hiring new staff to meet an unexpectedly strong rebound in demand, while also having to deal with sharp and rapid increases in the price of many of their inputs. At the same time as coping with extraordinary economic and social challenges during the last two years, SMEs have also had to prepare for the transition to a digital and sustainable economy. This report reviews how EU-27 SMEs fared in 2020 and 2021, and how they are likely to perform in 2022. In addition, after an extensive discussion of the state of digitalisation of SMEs in last year's SME Annual Report, this year the report examines how SMEs can increase their environmental sustainability.
Download or read book The Consequences of the International Crisis for European SMEs written by Bruno Dallago and published by Routledge. This book was released on 2012-12-07 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book explores how, to what extent and with what consequences the international crisis of 2007-2008 and the recession which followed have affected European SMEs (small and medium enterprises) in both the well established market economies of the old member countries and in the post-transformation new member countries, and what can be done at the institutional and political level to uphold them.
Download or read book Annual Report on European SMEs 2022 2023 written by and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: SMEs make up over 99% of businesses in the European Union and are the backbone of EU-27 economy. This report evaluates their prosperity in 2021 and 2022, and forecasts their performance in 2023, focusing mainly on three key variables: Value added expressed in both current and constant prices, Employment and Number of firms. Current prices value added grows significantly every year, but the notable inflation rates change the narrative: In 2022, value added actually declined by 1.4% and a similar decline is expected for 2023 as well. Employment increased in 2022 by 2.4%, but a stagnation is predicted for 2023. Within the overall SME population, micro SMEs performed better than small and medium-sized SMEs in both categories, value added and employment in 2022. A similar pattern is expected for the following year as well. Finally, the report analyses SMEs' performance through a granular breakdown of the distribution of EU-27 SMEs across NFBS industries and expands its findings at the industrial ecosystems level. The contribution of SMEs to the change in value added and employment across these 14 ecosystems varies greatly. Moreover, the long-term analysis of SMEs through a technology-intensity perspective reveals a remarkable increase in all three variables for the 'knowledge-intensive' sector.
Download or read book Annual Report on European SMEs 2021 2022 written by and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This special study serves as a background document to the Annual Report on European SMEs 2021/22 and assesses the situation of SMEs in the sustainability transition. This special study is structured as follows: Chapter 1 provides a review of general trends, challenges and opportunities for SMEs. Chapter 2 specifically focuses on digitalisation as a tool for addressing the challenge of the sustainability transition. Chapter 3 specifically focuses on access to finance as a key challenge for financing the investments needed to become more sustainable. Chapter 4 provides an overview of the sustainability transition in fourteen industrial ecosystems. Chapter 5 provides policy options to facilitate the sustainability transition for SMEs. Chapter 6 concludes and provides recommendations.
Download or read book The Activities of the European Union for Small and Medium sized Enterprises SMEs SME Envoy Report written by European Commission. Enterprise DG. and published by Luxembourg : Office for Official Publications of the European Communities. This book was released on 2005 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book EIF Annual Report 2020 written by and published by . This book was released on 2021 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: 2020 has been a year like no other. The pandemic has brought about unprecedented levels of uncertainty, insecurity and isolation, as well as difficulties for millions of small businesses across the EU. In response, the EIF has launched a series of new initiatives and adapted existing ones in order to generate as much support as possible in the form of better access to finance for European SMEs and mid-caps. These COVID-19 response measures have come over and above the normal course of business that has continued unabated. As a result, together with our partners, we have deployed 26% more funds compared to 2019, and generated financing opportunities for more than 370,000 SMEs.
Download or read book Annual report on European SMEs 2018 2019 written by Karen Hope and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The annual report on European SMEs is part of the SME Performance Review, one of the main tools the European Commission uses to monitor and assess countries' progress in implementing the Small Business Act (SBA) on a yearly basis. It provides a snapshot on the size, structure and importance of SMEs to the European economy and an overview of the past and forecast performance of SMEs from 2008. This year's edition is focused on the R&D and innovation (R&DI) performance of these SMEs.
Download or read book Annual Report on European SMEs 2017 2018 written by and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The present report is part of the 2017/18 SME Performance Review. The year 2018 is a special year, as the Small Business Act (SBA) celebrates its tenth anniversary and also, in the autumn of 2018, it will be ten years since the financial and economic crisis of 2008 hit the world economy. Therefore, in addition to reviewing the recent economic performance of SMEs, the report also examines in greater detail the achievements of the SBA and the contribution of EU-28 SMEs to the recovery of the EU-28 economy from the depths of the recession in 2008/09. In addition, as in previous years, the report presents the results of an in-depth analysis of a special topic of particular relevance for SMEs in the European Union. This year's special topic is the participation of SMEs in the global economy and the extent to which they engage in cross-border activities through trade, foreign direct investment, licensing, etc.
Download or read book European SMEs Under Pressure written by EIM Business & Policy Research and published by . This book was released on 2010 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Annual Report on European SMEs 2015 2016 SME Recovery Continues written by Karen Hope and published by . This book was released on with total page 103 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2014-2015 SME Annual Report found that in recent years young SMEs created jobs (on a net basis), and the EU needs more young firms to create jobs. There are now no major differences between the EU and the USA as regards new firm creation. Start-ups are key contributors to the innovation and growth dynamics of the EU economy. However, many young enterprises fail in their early years and barriers to starting afresh dampen the potential gains that a strong start-up culture could yield. Public policies supporting more start-up dynamism through second chance will go some way towards improving the environment for start-ups and strengthening the overall employment creation performance of SMEs.
Download or read book Annual Report on European SMEs 2016 2017 written by Karen Hope and published by . This book was released on 2017 with total page 187 pages. Available in PDF, EPUB and Kindle. Book excerpt: The present report is part of the 2016/17 SME Performance Review. It focuses on the performance of SMEs in the EU-28, and two special chapters review recent developments in self-employment, an important segment of the EU-28 SME population, and discuss start-ups and scale-ups.
Download or read book EIB Investment Report 2020 2021 written by European Investment Bank and published by European Investment Bank. This book was released on 2021-02-04 with total page 591 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Europe Union's massive efforts to rebuild after the coronavirus pandemic present a unique opportunity to transform its economy, making it more green and digital – and ultimately more competitive. The Investment Report 2020-2021 looks at the toll the pandemic took on European firms' investment and future plans, as well as their efforts to meet the demands of climate change and the digital revolution. The report's analysis is based on a unique set of databases and data from a survey of 12 500 firms conducted in the summer of 2020, in the midst of the COVID-19 crisis. While providing a snapshot of the heavy toll the pandemic took on some forms of investment, the report also offers hope by pointing out the economic areas in which Europe remains strong, such as technologies that combine green and digital innovation.
Download or read book Eurasian Business and Economics Perspectives written by Mehmet Huseyin Bilgin and published by Springer Nature. This book was released on 2022-11-26 with total page 391 pages. Available in PDF, EPUB and Kindle. Book excerpt: EBES conferences have been intellectual hub for academic discussion in economics, finance, and business fields and provide network opportunities for participants to make long lasting academic cooperation. This is the 24th volume of the Eurasian Studies in Business and Economics (EBES’s official proceeding series) which includes selected papers from the 37th EBES Conference – Berlin. The conference was jointly organized with the GLO (Global Labour Organization, a global, independent, non-partisan and non-governmental organization based in Germany) with the support of the Istanbul Economic Research Association and in collaboration with the FOM University of Applied Sciences (Germany). Due to COVID-19, the conference presentation mode was virtual. In the conference, 177 papers by 379 colleagues from 54 countries were presented. Both theoretical and empirical papers in this volume cover diverse areas of business, economics, and finance from many different regions. Therefore, it provides a great opportunity to colleagues, professionals, and students to catch up with the most recent studies in different fields and empirical findings on many countries and regions.
Download or read book Entrepreneurship Innovation and Crisis written by Joanna Duda and published by Taylor & Francis. This book was released on 2022-08-09 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: Entrepreneurship, Innovation, and Crisis: SME Responses to the COVID-19 Pandemic aims to address the conditions for the operations of SMEs during the time of the COVID-19 pandemic as well as the governmental support for entrepreneurs in such industries as tourism, manufacturing, recycling, education, and printing as well as the creative industry. Through the presentation of various strategies for the functioning and development of companies under crisis conditions along with new management approaches for coping with them, this book discusses the conditions for the operations of SMEs during the time of the COVID-19 pandemic as well as the support for entrepreneurs that has been offered by the governments of different countries. This approach will allow our results to be useful for a wide audience – making it especially valuable to researchers, academics, policymakers, and advanced students who are interested in crises, entrepreneurship, small and medium-sized enterprises, and strategic management.
Download or read book Annual Report on European SMEs 2014 2015 SMEs Start Hiring Again written by and published by . This book was released on 2015 with total page 159 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report provides an overview of the past and forecasted performance of SMEs from 2008 to 2016, and reviews in greater detail the contribution of SMEs to employment creation. SMEs accounted for 71.4% of the increase in employment in 2014 in the non-financial business sector, which includes all sectors of the economy except for 'financial services', 'government services', 'education', 'health', 'arts and culture', 'agriculture, forestry and fishing'. SMEs are a highly diverse population of enterprises, and are present in every nook and cranny of the economy, with activities ranging from the production of artisan food to the production of high tech space exploration equipment, from retail services to the provision of highly specialised professional services, from focusing primarily on serving domestic customers to focusing mainly on the export markets. In short, SMEs are ubiquitous, and in 2014 accounted for 99.8% of all enterprises in the non-financial business sector in the EU28. For every km2 of land surface the EU has an average of 5 SMEs. Moreover, in 2014 SMEs employed almost 90 million people - 67% of total employment, and generated 58% of the sector's value added.
