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Doing Business in Greece Within the Wider Context of SMEs Internationalization: A Benchmarking Approach Between Greece and Selected OECD/EU Member Countries
Abstract
The ability of SMEs to remain entrepreneurially active is important since it not only improves their competitiveness and hence their entrepreneurial prospects, but it also creates a positive impact on macro-economic data. The present study focuses on a spectrum of such parameters which consist the framework within which domestic SMEs operate and international SMEs can ‘Internationalise by Doing Business' in Greece and develop their entrepreneurial activity vis-à-vis other economies. Greece's business profile is analysed on the basis of the regulations, policies and mechanisms that it has established and operate in order to create a favourable environment for international enterprises and their activities in comparison with respective average of OECD members, as well as with six other European economies (French, Belgium, Italy, Germany, Austria, Spain). The main parameters of the ‘Doing Business' model that are applied include: starting business, dealing with construction permits, getting electricity, investors' protection, resolving insolvency, getting credit, paying taxes.
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