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Basic Theoretical Statements For The Competitiveness Of Small And Medium-Sized Enterprises

Author

Listed:
  • Radostina Yuleva

    (South-West University "Neofit Rilski", Blagoevgrad)

Abstract

The modern world is characterized by a high degree of economic activity in its various manifestations and high dynamics of various changes affecting the socio-economic development of our society. Competition creates an increasing incentive for innovation and the introduction of technology, creates entirely new needs, causes buyers to search and buy. All this requires the enterprise to be competitive with other companies on the market. Competitiveness is an opportunity to maintain high levels of labor and capital productivity, and to achieve sustainable economic growth, coupled with an increase in real incomes of the population, through systematic innovation. For an in-depth understanding of the causes and origins of the current economic system, it is important to analyze the characteristics of competition and competitiveness covering small businesses. The main objective of this article is to clarify the nature of the competitiveness of enterprises and to identify its stages and characteristics. The main research methods used in the development are content analysis, method of analysis and synthesis, intuitive and systematic approach.

Suggested Citation

  • Radostina Yuleva, 2019. "Basic Theoretical Statements For The Competitiveness Of Small And Medium-Sized Enterprises," Entrepreneurship, Faculty of Economics, SOUTH-WEST UNIVERSITY "NEOFIT RILSKI", BLAGOEVGRAD, vol. 7(1), pages 25-35.
    • Handle: RePEc:neo:epjour:v:7:y:2019:i:1:p:25-35
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    References listed on IDEAS

    as
    1. Raina Dimitrova, 2013. "Possibilities For The Increase Of Competitiveness Of A Product Through The Implementation Of Active Methods For Direct Connection With The Consumers," Entrepreneurship, Faculty of Economics, SOUTH-WEST UNIVERSITY "NEOFIT RILSKI", BLAGOEVGRAD, vol. 1(1&2), pages 77-84.
    2. Radka Ivanova, 2014. "Innovation policy and strategy for smart specialization," Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series, Union of Scientists - Varna, Economic Sciences Section, issue 1, pages 35-42, November.
    3. Svetlana Timofeeva, 2015. "Competitive Potential Of Enterprise – Elements, Model And Guidelines For Development," Entrepreneurship, Faculty of Economics, SOUTH-WEST UNIVERSITY "NEOFIT RILSKI", BLAGOEVGRAD, vol. 3(1), pages 16-30.
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    Cited by:

    1. Milena Filipova & Yulia Nedelcheva, 2022. "Value-Added Chain Of A New Pharmaceutical Product," Economics and Management, Faculty of Economics, SOUTH-WEST UNIVERSITY "NEOFIT RILSKI", BLAGOEVGRAD, vol. 19(1), pages 65-78.

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    More about this item

    Keywords

    competition; competitiveness; governance; manager; innovation; economy.;
    All these keywords.

    JEL classification:

    • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General

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