Abstract
The role of small and medium size firms in the development of modern industrial realities has for some time been the subject of growing attention by economists and economic policy authorities. This attention is not surprising if one considers that small firms, even though there are differences from country to country, constitute the supporting structure of the European Union’s economy. In fact, 91% of European firms have fewer than 10 employees and only 0.1% of them have more than 4991. The European productive reality presents itself, therefore, as an economic space in which small firms face each other, in competition with each other and with a few large size firms.
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