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SMEs�s potentials of Research and Development and the European Union Prospective. A Literature Review

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  • Loreta Isaraj

Abstract

SME-s role in the economic development and economic structure is changing drastically, as it is gaining new dimensions the role they have as social agents. This becomes particularly present in the paradigm shift of the EU funding schema and priorities, for member and candidate states, indicating that from catalysts of development they are now considered as important and active agents of Innovation by their R&D potential. The article provides a comprehensive literature review on different aspects of R&D processes in SMEs under the support of the funding programs of European Union collected from the reputed publications. The purpose is to provide an outline on the structure and dynamics of R&D in SMEs to highlight its role in the performance of these businesses in particular and in national and regional economies at the macro level. This paper aims to contribute to current discussions within the field of innovation by further exploring how EU R&D funding policies work in practice.

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  • Loreta Isaraj, 2021. "SMEs�s potentials of Research and Development and the European Union Prospective. A Literature Review," Academicus International Scientific Journal, Entrepreneurship Training Center Albania, issue 24, pages 184-198, July.
    • Handle: RePEc:etc:journl:y:2021:i:24:p:184-198
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    References listed on IDEAS

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    1. Dirk Czarnitzki, 2006. "Research And Development In Small And Medium‐Sized Enterprises: The Role Of Financial Constraints And Public Funding," Scottish Journal of Political Economy, Scottish Economic Society, vol. 53(3), pages 335-357, July.
    2. Raquel Ortega-Argilés & Marco Vivarelli & Peter Voigt, 2009. "R&D in SMEs: a paradox?," Small Business Economics, Springer, vol. 33(1), pages 3-11, June.
    3. Ale Ebrahim, Nader & Ahmed, Shamsuddin & Taha, Zahari, 2010. "SMEs; Virtual research and development (R&D) teams and new product development: A literature review," MPRA Paper 26989, University Library of Munich, Germany, revised 10 Jun 2010.
    4. Arta Musaraj, 2012. "Tourism development, touristic local taxes and local human resources: A stable way to improve efficiency and effectiveness of local strategies of development," Academicus International Scientific Journal, Entrepreneurship Training Center Albania, issue 6, pages 41-46, June.
    5. Rahmije Topxhiu, 2012. "The role of entrepreneurship and enterprises for local economic development," Academicus International Scientific Journal, Entrepreneurship Training Center Albania, issue 5, pages 96-107, February.
    6. Arthur M. Diamond, Jr., 2006. "Schumpeter's Creative Destruction: A Review of the Evidence," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 22(Fall 2006), pages 120-146.
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    1. Loreta Isaraj, 2023. "An Italian preview of evidences in accessing EU funds by the SMEs. Social and economic development leveraging in the R&D and Innovation capabilities," Academicus International Scientific Journal, Entrepreneurship Training Center Albania, issue 27, pages 117-142, January.

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