European Observatory for Small and Medium-Sized Enterprises


European Observatory for Small and Medium-Sized Enterprises : Composed of specialized national organizations dealing with small and mediumsized enterprises (SMEs), the Observatory constitutes a European network for the development of SMEs in the European market. It was set up in 1992. Its tasks are as follows: (1) evaluation of recent developments of SMEs; (2) improvement of the role of SMEs in the economy; (3) identification of structural adjustments for the creation of a market without borders; (4) identification of regions and sectors in upswing or decline; (5) monitoring the environment for SMEs and handicrafts; (6) creation and liquidation of enterprises; (7) monitoring tendencies of concentration and segmentation in markets and their effects on inter-enterprise relations; and (8) analysis of tendencies affecting SMEs in Europe. The activities of the institute are coordinated by the Dutch Economisch Instituut voor het Midden-en Kleinbedrijf. See: Enterprise policy in the European Union
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