Job creation in SMEs: ERM annual report 2015

Annual report
Updated
27 January 2016
Published
27 January 2016
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Executive summary in 22 languages

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Abstract

The European Restructuring Monitor (ERM) annual report for 2015 explores the issue of job creation in small and medium-sized enterprises (SMEs). SMEs are increasingly recognised as a job engine for Europe. However, given the heterogeneity of the vast SME population, not all contribute equally to employment growth. This study seeks to identify which SME types are more or less dynamic job creators and to determine their main drivers and barriers for job creation. It also examines recruitment in SMEs, the extent of public debate on job creation in SMEs, and public support instruments available to SMEs that encourage them to create jobs. The study finds that SMEs that tend to create jobs are often young, innovative, internationally active, located in urban areas and run by skilled managers with the capacity to plan and realise active growth and investment strategies. However, a combination of both external and internal company factors, rather than individual characteristics, determines the job creation potential of these companies. An executive summary is available - see Related content.

  • Full report

    Number of Pages: 
    119
    Reference No: 
    EF1561
    ISBN: 
    978-92-897-1434-1
    Catalogue: 
    TJ-AL-15-001-EN-N
    DOI: 
    10.2806/342142
    Catalogue info

    Job creation in SMEs: ERM annual report 2015

    The European Restructuring Monitor (ERM) annual report for 2015 explores the issue of job creation in small and medium-sized enterprises (SMEs). SMEs are increasingly recognised as a job engine for Europe. However, given the heterogeneity of the vast SME population, not all contribute equally to employment growth. This study seeks to identify which SME types are more or less dynamic job creators and to determine their main drivers and barriers for job creation.

    Available formats

    • Download full reportPDF
  • Executive summary

    Reference No: 
    EF15611
    Catalogue info

    Job creation in SMEs: ERM annual report 2015 - Executive summary

    Authors: 
    Eurofound

    Small and medium-sized enterprises (SMEs), meaning companies with fewer than 250 employees, are likely to have contributed to improved employment levels and increasingly gain attention as a source of job creation in Europe. However, due to the large scale of the SME population, there is considerable heterogeneity among them, and not all are equally dynamic job creators. This Eurofound research aims to identify in detail which SME types are more or less dynamic job creators and to determine their main drivers and barriers for job creation. Read more in the report - see Related content.

    Available in 22 languages for download

    PDF

Part of the series

  • European Restructuring Monitor

    The European Restructuring Monitor has reported on the employment impact of large-scale business restructuring since 2002. This series includes its restructuring-related databases (events, support instruments and legislation) as well as case studies and publications.

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