15/12/2016

Policy to support rapidly growing innovative enterprises

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The European Commission considers entrepreneurship and innovation as key to growth, employment, and prosperity in Europe. However, several shortcomings can be identified related to entrepreneurship and innovation in Europe compared to, in particular, North America and East Asia. In recent years, research has shown the importance of fast-growing innovative businesses for job creation. The proportion of these businesses in the total is small, but the share of jobs created is disproportionately large. Europe struggles to generate fast-growing innovative businesses that operate globally in the short term. For this reason, Europe is looking for effective ways to promote these entrepreneurs. It is not clear which policy measures should be taken to support the impact of fast-growing innovative businesses. This study, carried out by Dialogic, Empirica, and the University of Applied Sciences Northwestern Switzerland (FHNW), aims to improve policies concerning fast-growing innovative businesses. More information is available at http://www.hgie-policies.eu/home/