European Competitiveness Report 2014 – Helping firms grow
The 2014 edition of the European Competitiveness Report focuses on the growth of firms, in particular on certain growth-enhancing measures and framework conditions affecting EU firms. These include the availability of different forms of funding – especially important if small and medium-sized enterprises (SMEs) are to expand – as well as the importance of having an efficient and modern public administration in place. Other chapters examine how innovation and its impact on the growth of firms vary over the business cycle, and the extent to which SMEs are active outside their home markets; the forms of their international presence; the impact and drivers of SME internationalisation, and what can be done to increase their presence abroad.
This year's edition also contains a chapter on energy costs and energy efficiency, including an assessment of the importance of energy costs in relation to other costs, across manufacturing in general as well as for energy-intensive industries.