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SME Policy Index: Eastern Partner Countries 2020

Assessing the Implementation of the Small Business Act for Europe

image of SME Policy Index: Eastern Partner Countries 2020

The SME Policy Index: Eastern Partner Countries 2020 – Assessing the Implementation of the Small Business Act for Europe is a unique benchmarking tool to assess and monitor progress in the design and implementation of SME policies against EU and international best practice. It is structured around the ten principles of the Small Business Act for Europe (SBA), which provide a wide range of pro-enterprise measures to guide the design and implementation of SME policies. This report marks the third edition in this series, following assessments in 2012 and 2016. It provides a comprehensive overview of the state of play in the implementation of the ten SBA principles, and monitors progress made since 2016. It also identifies remaining challenges affecting SMEs in the Eastern Partnership (EaP) countries and provides recommendations to address them based on EU and international good practice examples. The 2020 edition also features a novelty: An assessment of three new dimensions going beyond core SME policy (competition, contract enforcement and business integrity) looking at key structural reform priorities that are critical to establishing a level playing field for enterprises of all sizes and ownership types.

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Pillar B – Entrepreneurial human capital

This chapter looks at the progress made by the Eastern Partner countries since the last SBA assessment in advancing the entrepreneurial potential of their human capital. Enhancing citizens’ entrepreneurial skills and competences can not only boost their career and employment opportunities, but can also strengthen the competitive power of enterprises and stimulate overall economic growth. The assessment reviews developments at policy and practice levels with reference to three sub-dimensions of the Small Business Act for Europe: entrepreneurial learning, women’s entrepreneurship and enterprise skills.The analysis focuses on the entrepreneurship key competence as one of the imperatives for transforming education and training systems in Europe, supported from a lifelong learning perspective through the modernisation of curricula, teacher training and development of an entrepreneurial culture and mindset. Another area of primary importance is gender-sensitive policy making sustained by cross-sectoral vision and coordinated stakeholder action in support of women’s entrepreneurship. This chapter also explores the latest developments and challenges in enhancing the quality of human capital for making SMEs strong, competitive and innovative through relevant policies and effective support measures.

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