How may the European Union stimulate entrepreneurship?

During the Lisbon 2000 European Summit, the European Union declared its ambition to become the most competitive and dynamic knowledge-based economy in the world within a decade. Yet how may this objective be achieved, considering the fact that so few Europeans start up their own business? Why do so few European enterprises generate growth, and why is growth among expanding enterprises retarded? Early 2003, the European Commission published the Green Paper 'Entrepreneurship in Europe' on this subject. EIM's response to this paper is bundled in a report which comprises policy recommendations on e.g. mediation between business angels and enterprises, tax credits granted to spin-off enterprises, one-stop shops for start-ups, counterbalancing the effects of bankruptcies, reduction of huge differences between entrepreneurs and employees regarding social security, simplification of business transfers and education-related initiatives.

You can download this report: Green Paper 'Entrepreneurship in Europe': Reaction