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Public Policies for Fostering Entrepreneurship - A European Perspective (Paperback, 2009 ed.)
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Public Policies for Fostering Entrepreneurship - A European Perspective (Paperback, 2009 ed.)
Series: International Studies in Entrepreneurship, 22
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39 One of the main challenges facing the member states of the
European Union (EU) is 40 the fundamental need to accept the
strategic importance of entrepreneurship as a force 41 for regional
development and economic growth. Definition of this urgent
objective 42 is set in the context of the European Council in
Lisbon in March 2000, where there 43 was focus on other operational
goals directed to improving performance in European 44 regions in
terms of different variables indicating the level of economic
activity, 45 particularly employment, real convergence, economic
reform, and social cohesion. 46 In 2003, the European Commission
(EC) initiated the public debate around the 47 need to strengthen
entrepreneurship in the European Union, through publication of 48
the "Green Paper on Entrepreneurship" in Europe which raised two
fundamental 49 questions for reflection by policymakers,
entrepreneurs, and individuals: (a) why 50 do so few Europeans set
up their own business? and (b) why are so few European 51
businesses growing? 52 Later, in the context of the 2004 Spring
European Council, the European 53 Commission launched the
"Entrepreneurship Action Plan" which aimed fundamen- 54 tally to:
(1) change the way society views entrepreneurs, (2) create
conditions to 55 encourage more individuals to become
entrepreneurs, (3) allow SMEs and entre- 56 preneurs to be more
competitive and assume a more important role in determining 57
growth, (4) improve conditions for access to finance by SMEs and
entrepreneurs, 58
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