#SMEs4Europe Campaign: A more entrepreneurial society should be the key objective in EU Strategic Agenda

The European Union should set the global agenda in innovation, digitalisation and sustainability. This was also put forward in the Declaration of Bucharest at the occasion of the European Entrepreneurship Forum. Recognising the entrepreneurs’ contribution to both the economy and society is fundamental for boosting the entrepreneurial spirit. Simply applying the ‘Think Small First’ principle in law-making would already contribute a lot to an SME-friendly legislation.

Promoting an entrepreneurial mindset and the advantages of creating an enterprise needs to be a priority for policy-makers and directly translated into economic, education and innovation policies. Boundless possibilities to express creativity, test ideas and take decisions are just a few advantages of being an entrepreneur. However, these do not speak to Europeans: as a majority of them has never considered setting up a business as a career option.

“The low motivation for entrepreneurship is a missed opportunity for Europe as a whole. This might be the natural consequence of not addressing issues such as administrative burdens, stigmatising failure, insufficient development of entrepreneurial skills in education, difficulties in transferring business and ignoring the ‘Think Small First’ principle in legislation,” as Ulrike Rabmer-Koller (SMEunited President) explained.

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Author: Jenny Manin

Source: SMEunited