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Impact of Innovation Upon the Dynamics of Romanian Small and Medium Sized Enterprises

Author

Listed:
  • Jeanina Ciurea

    (“Eftimie Murgu” University of Reşiţa, Romania)

  • Suzana Demyen

    (“Eftimie Murgu” University of Reşiţa, Romania
    West University of Timișoara, Romania)

Abstract

Innovation is central to economic growth, as the area in which it develops takes the whole sphere of economic activities: product, process, service, organization, marketing, hence the economic effects they may cause. Creating "innovative enterprises", giving tax cuts to certain periods of time, preferential loans, creating funds 'risk capital' are just some of the measures that European countries which already apply and Romania, willing to encourage innovation. The present paper presents two ways of exposing this issue, using theoretical sources but also real official data concerning the concept of innovation and also the ways of applying it within small and medium sized enterprises.

Suggested Citation

  • Jeanina Ciurea & Suzana Demyen, 2013. "Impact of Innovation Upon the Dynamics of Romanian Small and Medium Sized Enterprises," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 13(1), pages 61-72.
    • Handle: RePEc:pet:annals:v:13:y:2013:i:1:p:61-72
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    File URL: http://www.upet.ro/annals/economics/pdf/2013/part1/Ciurea-Demyen.pdf
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    References listed on IDEAS

    as
    1. Janusz K. Grabara & Aneta Pachura & Vladimir Modrak & Mircea Bunaciu, 2011. "Innovation Process Modelling," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 11(2), pages 101-108.
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    Cited by:

    1. Jeanina Ciurea, & Suzana Demyen,, 2017. "Dimensions Of Innovation As Competitive Advantage In Romanian Enterprises," EcoForum, "Stefan cel Mare" University of Suceava, Romania, Faculty of Economics and Public Administration - Economy, Business Administration and Tourism Department., vol. 6(3), pages 1-22, august.
    2. Manciu Venera Cristina & Demyen Suzana, 2016. "The Role Of Entrepreneurship In Stimulating Economic Growth. A View From The Top," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 5, pages 161-166, October.

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      More about this item

      Keywords

      innovation; SME; dinamics; management; organization;
      All these keywords.

      JEL classification:

      • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
      • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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