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An Assessment of the Access by Romanian SMEs to Structural Funds

Author

Listed:
  • Gabor Hunya

    (Vienna Institute for International Economic Studies (wiiw))

Abstract

In the context of the research underlying this paper, a standardized survey was implemented as an instrument for collecting primary data on the situation, the demands of and the development barriers to Romanian SMEs. The results of the survey were verified in focus groups with consultants and SME administrators. The results reflect first-hand information on the problems of SMEs with the implementation of EU funds. The main findings of the project reveal that Romanian SMEs are at a rudimentary stage of skills, organization and market knowledge if compared with similar economic units in more advanced EU member states. Their development aims are rather short-term and not very complex. They lack the knowledge, expertise and staff to participate in complex tenders and in application processes. Weighing the identified needs of SMEs against the key areas of intervention and indicative operations of the EU support programmes, one can conclude that most needs of SMEs are covered by the two current operational programmes in one way or the other. However, the way the support package was designed and structured is deficient in supporting the development of SMEs. SMEs need more simple and transparent mechanisms which they can understand and cope with.

Suggested Citation

  • Gabor Hunya, 2011. "An Assessment of the Access by Romanian SMEs to Structural Funds," DANUBE: Law and Economics Review, European Association Comenius - EACO, issue 4, pages 19-49, December.
    • Handle: RePEc:cmn:journl:y:2011:i:4:p:19-49
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    Cited by:

    1. Gábor HUNYA, 2011. "Problems of Romanian SMEs with tapping EU structural funds," Eastern Journal of European Studies, Centre for European Studies, Alexandru Ioan Cuza University, vol. 2, pages 129-146, June.
    2. Gabor Hunya, 2014. "Regional Policy and FDI Location – an Overview of the Larger New EU Member States," wiiw Research Reports 393, The Vienna Institute for International Economic Studies, wiiw.

    More about this item

    Keywords

    SMEs; EU Support Programmes; Structural Funds; Romania;
    All these keywords.

    JEL classification:

    • D2 - Microeconomics - - Production and Organizations
    • G3 - Financial Economics - - Corporate Finance and Governance
    • H7 - Public Economics - - State and Local Government; Intergovernmental Relations
    • L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior
    • R1 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics

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