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SMEs play a crucial role for European economies. The numbers show the high importance of SMEs for national economies …. Accordingly, it is no surprise that the regulatory framework SMEs are imbedded in is the subject of an important political … discussion. In the discussion it is frequently mentioned by representatives of SMEs as well as associations of SMEs, that the …
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Small and young businesses are essential for job creation, innovation, and economic growth. Even most of the superstar firms start their business life small and then grow over time. Small firms have less internal resources, which makes them more fragile and sensitive to macroeconomic conditions....
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