Enterprise Policy in the European Union
Enterprise Policy in the European Union : The objective of enterprise policy in the European Union (EU) is to make it easier to create and develop enterprises or industries within the EU. The European Commission coordinates the initiatives of the Member States in this area while the Council, further to proposals from the European Commission and after consultation with the European Parliament, decides unanimously on the measures designed to support the Member States' initiatives. Enterprise policy aims to allow enterprises (particularly small and medium-sized enterprises) to adapt to structural changes and expand. It also aims to stimulate cooperation between enterprises and to encourage them to make full use of the benefits of research, technological developments and innovation. At the European Council in Lisbon in March 2000, the Heads of State and Government declared that the objective of the EU was to become the most competitive and dynamic knowledge-based economy in the world by 2010. Enterprise policy is helping to achieve this objective by fostering entrepreneurial spirit and innovation through the best possible use of the benefits conveyed by the internal market, by coordinating policies in the Member States through standardization or the exchange of best practices, and by developing electronic commerce
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