EU Lisbon Strategy, OECD Bologna Declaration, and Small Business Acts: Three Enactments in Europe for SMEs

Abstract

This study aims to explore three enactments in Europe in 2000: EU Lisbon Strategy, OECD Bologna Declaration and Feira European Charter for Small Enterprises. The EU objective is to become knowledge-based economy in order to increase the competitiveness of Europe. The EU made decisions to improve innovation, entrepreneurship and SME competitiveness. Therefore, the Lisbon Strategy aims to foster innovation, R&D and knowledge-based economy. OECD Bologna Process focuses on developing entrepreneurship and innovation in SMEs, and Feira European Charter for Small Enterprises aims to facilitate business conditions for SMEs in European context, and aims to tie innovation and entrepreneurship targets of the Lisbon and Bologna with SMEs. In conclusion, the Lisbon, the Bologna and the Charter have specific targets to achieve by 2010 but results are disappointing, especially for the Lisbon Strategy targets.