European Entrepreneurship: The EUropreneurship Concept
According to the European Commission, "entrepreneurship is an individual’s ability to turn ideas into action. It includes creativity, innovation, risk-taking, ability to plan and manage projects in order to achieve objectives". European Entrepreneurship or EUropreneurship refers to the common principles to all fields and sectors of society, economy, and culture of the Member States of the European Union. It promotes European values and supports inclusion and equal opportunities.
Remarkably, only 37% of European citizens would like to establish their own company, compared to 51% of people in the United States and 57% in China.
European entrepreneurship needs to change and be more flexible. Overcoming challenges, removing obstacles to entrepreneurial activities, and supporting entrepreneurship education will offer Europeans the required skills and competencies, boost the economy, create job opportunities, and accelerate growth.