Professional Documents
Culture Documents
Small Firm
Small Firm
• EU definition of SMEs
– by number of employees
• micro enterprises
• small enterprises
• medium enterprises
EU SME definitions
Defining the Small-firm Sector
• EU definition of SMEs
– by number of employees
• micro enterprises
• small enterprises
• medium enterprises
• EU definition of SMEs
– by number of employees
• micro enterprises
• small enterprises
• medium enterprises
• subcontracting
40
30
20
10
0
1920 1930 1940 1950 1960 1970 1980 1990 2000
% The importance of small firms in the UK
50
Employment in manufacturing enterprises with fewer than 200
employees as % of total employment in manufacturing enterprises
40
30
20
10
0
1920 1930 1940 1950 1960 1970 1980 1990 2000
% The importance of small firms in the UK
50
Employment in manufacturing enterprises with fewer than 200
employees as % of total employment in manufacturing enterprises
Self employed as % of UK labour force
40
30
20
10
0
1920 1930 1940 1950 1960 1970 1980 1990 2000
% The importance of small firms in the UK
50
Employment in manufacturing enterprises with fewer than 200
employees as % of total employment in manufacturing enterprises
Self employed as % of UK labour force
40
30
20
10
0
1920 1930 1940 1950 1960 1970 1980 1990 2000
The Small-firm Sector in the UK
• product innovation
• export markets
– training programmes
Government Assistance to the Small Firm
– financial instruments
• Structural Fund
– other programmes