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

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  • Milena Angelova

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.

Suggested Citation

  • Milena Angelova, 2023. "Factors for Boosting the Green Transition of the European Micro, Small and Medium-Sized Enterprises," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 2, pages 59-77.
    • Handle: RePEc:bas:econst:y:2023:i:2:p:59-77
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    More about this item

    JEL classification:

    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • H12 - Public Economics - - Structure and Scope of Government - - - Crisis Management
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • M38 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Government Policy and Regulation
    • P18 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Energy; Environment
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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