engleski

The Role of Public Administration Performance in improving the Business Environment for SMEs in the EU

The paper explores the influence of public administration regulations and government efficiency, in shaping entrepreneurship environment in European Member States. Statistical analysis concentrates on performance of small and medium enterprises (SMEs) considering the fact that smaller firm face a disproportionally higher regulatory burden than larger firms. The results show that SMEs registered a drop in value added and employment during the financial crisis, but improved their performance in 2014. Those SMEs which have fully recovered in all three core indicators (number of enterprises, employment and value added) from the beginning of financial crisis in 2008, have also reduced public administration burden and regulations for SMEs and significantly improved government effectiveness.

government effectiveness; public administration; regulation; SMEs

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