"According to the OECD, in 2023, there were around 22 million SMEs in Europe, employing more than 80 million people. In Portugal, according to the OECD, 99.9% of companies are SMEs, responsible for around 70% of employment and 60% of business volume."
Read here (only available in Portuguese) the most recent opinion article by João Pinto, Dean of Católica Porto Business School, published in Deans' Corner, in Jornal de Negócios.