SMEs in the Current Economic Environment

Structural changes determined, in the last two decades, by the process of European integration, in the companies from this economic space, have driven a large number of managerial, financial, technological innovations, which, in turn, have generated some new and complex types of organization. Today&...

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Bibliographic Details
Published in:Economy transdisciplinarity cognition journal 2011-07, Vol.15 (2), p.95
Main Authors: Fotache, Marian, Fotache, Gabriela, Ocneanu, Lucian, Bucsa, Radu Cristian
Format: Article
Language:English
Subjects:
Capital losses
Developing countries
Economic development
Economic growth
Economic recovery
Employees
Entrepreneurs
Entrepreneurship
Industrial development
Industrialized nations
Innovations
LDCs
Multinational corporations
Small & medium sized enterprises-SME
Small business
Studies
Technological change
Transition economies
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Summary:Structural changes determined, in the last two decades, by the process of European integration, in the companies from this economic space, have driven a large number of managerial, financial, technological innovations, which, in turn, have generated some new and complex types of organization. Today's world is different, with a number of key issues, we have been facing to for a long time. Hopes regarding small and medium enterprises (SMEs) have increased rapidly worldwide in both developing countries and in the developed world. After a period of great fascination for the rapidly expanding multinational corporations, economic publications around the world as well as political and economic leaders have emphasized in recent years, the importance of the SME sector both for developed and transition market economies. [PUBLICATION ABSTRACT]
ISSN:1454-5675
2068-7389