Entrepreneurship is a dynamic, social process in which individuals, either alone or in collaboration with others, identify opportunities for innovation and then take action and transform their ideas into practical activities. As far as creating a business is concerned, this attitude reflects the individual's motivation and ability to recognise an opportunity and create a something of value or enjoy financial success. Over the last few years, there has been a growing awareness in Europe regarding the need to encourage initiatives that promote entrepreneurship as one of the fundamental bases for growth.
The Directorate-General of SME Policy works to encourage entrepreneurship in different areas.
