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ARE SMEs IN ROMANIA INNOVATING?

Author

Listed:
  • Elena Claudia Serban

    (Bucharest Academy of Economic Studies)

  • Raluca Cretu

    (Bucharest Academy of Economic Studies)

Abstract

Given the changes throughout the world where the global competition and the new economy based and led by knowledge are essential parameters in shaping the nowadays part of SMEs in the economy, by researches on the innovation phenomenon, we hereby undertake by the present study to analyze the fundamental elements that should lead to the anatomization of the innovation level so that by an optimum graduation of efforts, maximum effects are produced. The economic agents' adoption of technological innovation processes ensures the conditions needed to correlate the increase in value for customers by means of products and services offered through meeting the intrinsic development goals.

Suggested Citation

  • Elena Claudia Serban & Raluca Cretu, 2009. "ARE SMEs IN ROMANIA INNOVATING?," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 5(05(534)(s), pages 76-82, May.
    • Handle: RePEc:agr:journl:v:05(534)(supplement):y:2009:i:05(534)(supplement):p:76-82
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