Factors for Boosting the Green Transition of the European Micro, Small and Medium-Sized Enterprises Cover Image

Factors for Boosting the Green Transition of the European Micro, Small and Medium-Sized Enterprises
Factors for Boosting the Green Transition of the European Micro, Small and Medium-Sized Enterprises

Author(s): Milena Angelova
Subject(s): Economy, Business Economy / Management, Energy and Environmental Studies
Published by: Институт за икономически изследвания при Българска академия на науките
Keywords: micro enterprises; small and medium-sized enterprises; MSMEs; sustainability; digitalization; support policies; social responsibility

Summary/Abstract: Micro, small and medium-sized enterprises, be they traditional enterprises, family businesses, traders, social economy enterprises, crafts or liberal professions (referred to hereafter as MSMEs), are an essential part of the solution towards a competitive, climate-neutral, circular and inclusive European economy, provided that the right conditions are created and prevail. The positive impact is generated by MSMEs through improving their own environmental performance and through providing expertise and solutions to other enterprises, citizens and the public sector. While acknowledging and highlighting the diversity and different needs of the European MSMEs, the current paper focuses on identifying factors for boosting their green transition and mapping out the effects of the recent multiple crises on this process.

  • Issue Year: 2023
  • Issue No: 2
  • Page Range: 59-77
  • Page Count: 19
  • Language: English