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The Effects Of The Crisis On The Small And Medium Enterprises (Smes) And Their Need For Development In Romania

Author

Listed:
  • Lucia-Ramona POPA

    (“Constantin Brâncoveanu” University, Romania)

Abstract

The small and medium enterprises (SMEs) have a substantial contribution to the gross domestic product (GDP), to the creation of new jobs, to the creation of the gross added value in the economy, by boosting competition on the market. In Romania, even from the beginning of the crisis, hundreds of thousands of companies have suspended their operations or were removed. Therefore, I consider it important to analyse the factors that have generated this development of the SMEs as well as the measures that have to be taken for this sector to flourish in our country.

Suggested Citation

  • Lucia-Ramona POPA, 2013. "The Effects Of The Crisis On The Small And Medium Enterprises (Smes) And Their Need For Development In Romania," Management Strategies Journal, Constantin Brancoveanu University, vol. 20(2), pages 24-30.
  • Handle: RePEc:brc:journl:v:20:y:2013:i:2:p:24-30
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    Cited by:

    1. Cornelia Elena Tureac & Ionica Oncioiu, 2014. "The Cost Analysis of a Start-up Company in the Information Technology Domain," Acta Universitatis Danubius. OEconomica, Danubius University of Galati, issue 6(6), pages 114-122, December.

    More about this item

    Keywords

    supporting small and medium enterprises (SMEs); efficiency; competitiveness;
    All these keywords.

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General

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