What is Europe's impact on enterprises? 150 years ago, the emergence of nation-states created the national enterprise. After 50 years of European integration - is there a European firm distinct from the national firm? The book provides an assessment of the barriers to and prospects for this emerging species. Can it be claimed a major political failure of the EU not to have created an institution promoting European identity at the level of enterprise? The contributors look for European convergence at all levels of the economy - firm, branch, state, and EU. They stress various points of view, using diverse methods, and propose different measures. The overall result is an evaluation of the future potential of this new type of enterprise. Though in its infancy, the European enterprise has the power to change both the perception and the actual face of Europe.