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The impact and efficiency of public administration excellence on fostering SMEs in EU countries
Obadić, Alka (Author), Aristovnik, Aleksander (Author)

URLURL - Presentation file, Visit http://www.amfiteatrueconomic.ro/ArticolEN.aspx?CodArticol=2423 This link opens in a new window

Abstract
The article investigates the impact and efficiency of bureaucracy on the development of small and medium-sized enterprises (SMEs) in the European Union (EU). For this purpose, the article applies a non-parametric approach, i.e. data envelopment analysis (DEA), to assess the best performers in terms of transforming existing bureaucratic burdens into selected SME indicators, such as growth in their numbers, employment or value added in the 2010-2014 period. The empirical results show that Luxembourg, Sweden and, in particular, the Baltic States can serve as a good benchmark for transforming a relatively favourable environment of public administration excellence into SME indicator growth. On the other hand, Denmark and the UK, despite their top ease-of-doing-business rankings could not significantly spur SME growth in the considered period. Nevertheless, the main goal for the large majority of EU member states, especially in South-east Europe and the Mediterranean region, remains a further reduction of bureaucracy that could be useful for improving the regulatory environment of SMEs and thus aid in an even more rapid recovery from the crisis.

Language:English
Keywords:javna uprava, mala in srednje velika podjetja, učinkovitost, EU, public administration, small and medium enterprises, efficiency, EU
Work type:Not categorized (r6)
Tipology:1.01 - Original Scientific Article
Organization:FU - Faculty of Administration
Year:2015
Number of pages:str. 761-774
Numbering:Vol. 17, no. 39
UDC:35:005.336.1:061.1EU
ISSN on article:1582-9146
COBISS.SI-ID:4562862 Link is opened in a new window
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Downloads:241
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Record is a part of a journal

Title:Amfiteatru economic
Shortened title:Amfiteatru econ.
Publisher:Editura ASE
ISSN:1582-9146
COBISS.SI-ID:10105628 This link opens in a new window

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