SME and size of firm
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SME
Stands for small and medium-sized enterprise. The European Union defines micro enterprise to have less than 10 ( <10) employees, small enterprises as being those with <50 employees and mediu-sized firms having <250 employees and a turnover of less or equal to euro 43 mio. Find out more here:
European Commission – defining the term SME
For the above variable we either classify your corporate blog as being from an SME or not and code this as:
0 = other (e.g., large firm)
1 = SME
Size of enterprise
As outlined above, the European Union defines micro enterprise to have less than 10 ( <10) employees, small enterprises as being those with <50 employees and mediu-sized firms having <250 employees and a turnover of less or equal to euro 43 mio.
Accordingly, we try to rank your enterprise according to this as either being
0 = other (e.g., large firm)
1 = micro enterprise
2 = small enterprise
3 = medium-sized enterprise
Find out more here:
European Commission – defining the term SME
