I fully endorse these measures compiled by the "Center for Global Economy and Geopolitics ESADE ( ESADEgeo) ”, as key lines to be implemented for the progress of economy:
GENERAL MEASURES
1. Making Spain a technological pole : placing the corporation tax rate in 10% for technology companies which are born or come to our country .
2. Creation of Chief Innovation Officer with the rank of secretary of State and direct communication with Prime Minister.
3. Seeking actively the improvements that allow to improve in the international comparitive studies ( mainly, World Bank´s Report Doing Business )
4. Boosting the Spain brand as an image of creation, innovation and entrepreneurship.
5. Considering Internet as the lever for the growth of the economy and to stop attacks.
6. Fixing the minimum of the contribution of freelancers for the Social Security in 20 euros.
7. Monthly return of VAT to start up .
8. Facilitating the creation of stock option plans with a more favorable taxation for the worker, capable of attracting talent.
9. Allowing to intend in the Tax return a percentage for entrepreneurship.
10. Favouring taxation of the financing of business angels.
LABOUR MEASURES
11. Establishing a limit in the compensation for firing .
12. Considering the previous hiring of unemployeds when firing costs are judged.
13 . Facilitating the process of hiring foreign talent .
OTHER MEASURES
14 . Greater agility in the authorithation of licenses in order to open premises .
15 . Avoiding duplication of efforts among the autonomous communities.
16 . Boosting a real limited liability of the companies .
17. Eliminating the seniority requirements to the suppliers of public administrations .
18. Fixing as a practice of good corporate governance purchases to new companies (the beginning may be 2% ).
19. Allowing partners of a company to be autonomous with 1% of the capital of the entity , rather than the current 25% .
MEDIUM TERM MEASURES
20 . Promoting the continuity of the management of the new companies before their sale , to eradicate the culture of “getting rich quick”.
21 . Promoting the arrival of venture capital to our country and also within it.
22 . Strengthening the legal security regarding non-payments. Spain occupies the 54th position regarding the ease of enforcing contracts .
23 . Facilitating the Initial Public Offering of technology start up .
24 . Approaching University to the labor market .
25 . To be an entrepreneur, also within the company , is the basis of innovation. It is a good test site for innovation
26 . Deregulating : for each new rule, to eliminate two ones .
27. Linking public and private funds that get nearer the management of the capital to the entrepreneurs.
OPPORTUNITIES
28 . Entrepreneurship is the only way out for crisis and unemployment.
29. Spain has three of the best business schools in the world , representing the arrival of much foreign talent to the country.
30. Need of change of the economic growth model . The one based on real estate is finished.
31 . Opportunity: price of land, empty offices .
32. Spain has a great bond with Latin America that expands the market possibilities.
33. Taking advantage of the size of our country to attract entrepreneurs from other European countries with smaller markets .
34. There is a great opportunity for foreign entrepreneurs because of the Spanish gap in innovation.
SOCIETY
35 . Improving the perception of the entrepreneur in society.
36 . Promoting the culture of effort .
37 . The spreading of entrepreneurship in media .
38 . Education in innovation since Primary education.
39. Risk aversion in our country is an impediment for entrepreneurship.
40 . Fear of failure paralyzes entrepreneurship.
Adornos de Navidad en la Carrera del Genil, Granada, South eastern Spain, by JM Yuste, at flickr.com