European Observatory for SMEs Report

The European Commission has released its sixth Report of
European Observatory for SMEs. According to the Commission,
the findings of the Report “will help shape enterprise
policy initiatives to be launched under the Multiannual
Programme for Enterprises and Entrepreneurship

The Report combines aggregate data on Europe’s almost 20
million SMEs with an analysis of recent national policy
developments and key issues affecting their
competitiveness. It also includes two in-depth studies on
themes of particular relevance to SMEs:

– Vocational training, where SMEs do not yet fully
benefit from the existing training support

– The role that new services are playing in the
evolution of the European economy and that enterprises play
in generating and spreading new services across Europe

The European Observatory for SMEs was established by the
Commission in December 1992 in order to improve the
monitoring of the economic performance of SMEs in the
framework of the completion of the Internal Market. Its
task is to provide information on SMEs to the
decision-makers responsible for enterprise policy at
national and Community levels, researchers, economists and
SMEs themselves.

KPMG has been in charge of conducting the Sixth Report of
European Observatory for SMEs, in co-operation with


and the European Network for SME Research ( ).

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