After an introduction and welcome by AFB Director of Programs, Melis Tusiray, Prof. Dr. Rüdiger Veil gave a talk to an audience of about 30 students and scholars from the Fordham Law School and Bucerius communities.
The talk examined how small and medium enterprises (SMEs) fit into the economy on an international level – both in the US and Europe. In the United States, the JOBS Act was passed in 2012 to try to promote the growth of SMEs and the job market. It marked a shift in regulatory strategies that allowed for SMEs to more easily attract investors and make new offerings. In Europe, SMEs are protected by the European Commission Action Plan and important regulatory initiatives that make it easier for SMEs to have access to growth possibilities, although many of these policies are still in their early development and implementation stages. Prof. Dr. Veil explained the effect these regulations had on SMEs in both the US and Europe, and provided an overview of the challenges that lay ahead.
American Friends of Bucerius would like to thank Prof. Dr. Veil for his presentation, Fordham Law School and their “Visiting Scholars and Researchers” program for organizing the event, and the attendees for joining us. For future news on AFB events and programs, check back on buceriususa.org/our-events.