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The Place and Importance of the SMEs Sector within the National Economy

Author

Listed:
  • Nicolae (Gîju) Elena Daniela

    (University Valahia of Targoviste)

  • Mitroi Loredana Georgiana

    (University Valahia of Targoviste)

Abstract

The experience accumulated worldwide and also the recent researches funded by the European Commission highlights the important role that small and medium enterprises occupy within the market economy and within providing alternative employment of human resources. This article aims to show the characteristics of SMEs, which are their criterial bounds, as well as what is their place and importance in the Romanian economy.

Suggested Citation

  • Nicolae (Gîju) Elena Daniela & Mitroi Loredana Georgiana, 2012. "The Place and Importance of the SMEs Sector within the National Economy," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 1062-1066, May.
    • Handle: RePEc:ovi:oviste:v:xii:y:2012:i:12:p:1062-1066
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    More about this item

    Keywords

    SMEs; knowledge economy; quantum leap; qualitative leap; innovation.;
    All these keywords.

    JEL classification:

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

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