"Business Dynamics: Start‐ups, Business Transfers and Bankruptcy”. The economic impact of legal and administrative procedures for licensing, business transfers and bankruptcy on entrepreneurship in Europe.
Final report, January 2011, source: European Commission
The study analyses the economic impact of legal and administrative procedures for licensing, business transfers and bankruptcy on entrepreneurship in Europe. The study encompasses the 27 EU member states plus Croatia, Turkey, Iceland, Norway, Serbia and Montenegro. For each of the focus areas, the study analyses the following:
(i) Licensing procedures: to what extent do these administrative procedures delay the creation of new enterprises?
(ii) Business transfers: to what extent have the recommendations included in the 1994 Commission Recommendation to improve transfers of business been implemented and which are the main obstacles still remaining to successful business transfers? and
(iii) Bankruptcy procedures and Second Chance: what is the impact of bankruptcy law and practices on the availability of a Second Chance (re‐starter) for failed entrepreneurs.
Read the report here: Business Dynamics: EC Final report
.png)