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The Minimis Aid, A Possible Alternative For Supplementing The Budgets Of Smes For Enhancing Competitiveness Through The Capacity Of Innovation-The Romanian Case

Author

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  • FLORIN TUDOR

    (Faculty of Law, Social and Political Sciences “Dunarea de Jos” University of Galati, Romania)

Abstract

The latest Scoreboard of the European Commission regarding the state aid shows that the Member States are using increasingly more opportunities offered by EU rules on state aid. This paper comes to clarify the benefits of accessing the minimis aid by traders, as capital contributions, guarantees, risk capital measures in the innovation process, to create a new product, introducing a new method of manufacturing, entering in a new market or creating a new market, calling for a new raw material.

Suggested Citation

  • Florin Tudor, 2010. "The Minimis Aid, A Possible Alternative For Supplementing The Budgets Of Smes For Enhancing Competitiveness Through The Capacity Of Innovation-The Romanian Case," Perspectives of Innovation in Economics and Business (PIEB), Prague Development Center, vol. 4(1), pages 45-48, February.
    • Handle: RePEc:pdc:jrpieb:v:4:y:2010:i:1:p:45-48
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    Citations

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    Cited by:

    1. Jakub Tabas & Michaela Beranová & Jan Vavřina, 2011. "Barriers to development of the innovation potential in the small and medium-sized enterprises," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 59(7), pages 447-458.

    More about this item

    Keywords

    Innovation; the minimis aid; financial crisis; competitiveness.;
    All these keywords.

    JEL classification:

    • G38 - Financial Economics - - Corporate Finance and Governance - - - Government Policy and Regulation
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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