Is Entrepreneurship important for the EU policy ?

Philippe talks about the speech of the European commissioner Erkki Liikanen, and says things move in the right direction. I don't buy it. I heard a speech of Erkki Liikanen on European Entrepreneurship in Davos two years ago and I saw nothing happening after. I guess in this fiels the EU is excellent for speeches.

Here is what Philippe says about it:

European commissioner Erkki Liikanen, responsible for Europe Enterprise, made a speech on the subject of "Entrepreneurship: an integral and vital part of the EU policy mix" at an extraordinary meeting with the Employer’s Group of the European Economic and Social Committee.

Abstracts of Liikanen’s speech :

As you know, entrepreneurship and small businesses are – particularly for the European economy – a key source of jobs, business dynamism and innovation. Some 25 million SMEs in Europe provide more than two-thirds of total jobs in the private sector. This means SMEs employ more than 100 million people. Our most dynamic SMEs account for around 80% of new jobs created. < However, there are still too many barriers stand in the way of entrepreneurs. With our new Entrepreneurship Action Plan, we therefore intend to target practical issues such as: - How do we encourage entrepreneurial initiative and are we doing enough to ensure small firms can grow? - How do we handle the handover of family businesses from one generation to another? - How do we make sure that if a business fails people are given a second chance? - This initiative, together with our initiatives in the areas of industrial policy, innovation and competitiveness – together with our ambitious work to achieve better regulation – all have a positive contribution to make as key elements to ensure growth in Europe.