58. The Committee recommends that the Government
clarify and rationalise further the structure of administering
agencies delivering or involved in enterprise policy at local
and regional level.
59. The Committee recommends that the Government
encourage the fuller exploitation of the potential of the Teaching
Company Scheme in the UK and continue to support schemes that
work well, such as SMART.
60. The Committee recommends that the Government
give attention to devising methods to assess the impact of general
tax changes on entrepreneurial activity in the UK.
61. The Committee recommends that, in the UK, any
proposed scheme to support entrepreneurship which seeks to implement
the action plan based on the Commission's Green Paper should:
- address a clearly identified market failure and
have a clearly specified objective or set of objectives;
- have an agreed set of quantifiable outcomes against
which monitoring and evaluation can take place;
- have a built-in costing, information and reporting
system designed to provide the necessary material on which to
base monitoring and evaluation.
Recommendation to the house
62. The Committee considers that the European Commission's
Green Paper: Entrepreneurship in Europe raises important questions
to which the attention of the House should be drawn and makes
this Report to the House for information.