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BARRIERS AND WAYS TO ACHIEVE BUSINESS GROWTH OF THE EXPORTS FOR SMEs

Author

Listed:
  • Nicoleta Isac

    (Istanbul Sabahattin Zaim University, Turkey)

  • Waqar Badshah

    (Istanbul Sabahattin Zaim University, Turkey)

Abstract

SMEs are drivers of economic growth and are situated of many years in the top European policy of sustainable development. SMEs are considered a key factor for employment and economic competitiveness. The 20 million SMEs in the EU represent 99% of businesses, and are a key driver for innovation, employment and social integration). In contrast to their contribution, SMEs are confronted with significant obstacles which impede their development. This paper aims at sorting out the perceived external vs internal barriers to SME exports and ways to achieve business growth.

Suggested Citation

  • Nicoleta Isac & Waqar Badshah, 2020. "BARRIERS AND WAYS TO ACHIEVE BUSINESS GROWTH OF THE EXPORTS FOR SMEs," Romanian Economic Business Review, Romanian-American University, vol. 15(1), pages 7-15, March.
    • Handle: RePEc:rau:journl:v:15:y:2020:i:1:p:7-15
    as

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    File URL: http://www.rebe.rau.ro/RePEc/rau/journl/SP20/REBE-SP20-A1.pdf
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    References listed on IDEAS

    as
    1. ȚARȚAVULEA (DIEACONESCU) Ramona Iulia & BELU Mihaela Gabriela, 2016. "Strategies for Internationalization of Romanian SMEs. Focus on the European Market," European Journal of Interdisciplinary Studies, Bucharest Economic Academy, issue 02, June.
    2. Alvarez, Roberto, 2007. "Explaining Export Success: Firm Characteristics and Spillover Effects," World Development, Elsevier, vol. 35(3), pages 377-393, March.
    3. ISACHI, Silvia Elena, 2015. "Importance Of Smes In The Economic Development Of Romania," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 2(1), pages 191-198.
    4. Marc J. Melitz, 2003. "The Impact of Trade on Intra-Industry Reallocations and Aggregate Industry Productivity," Econometrica, Econometric Society, vol. 71(6), pages 1695-1725, November.
    5. Kentaro Sakai, 2002. "Global Industrial Restructuring: Implications for Small Firms," OECD Science, Technology and Industry Working Papers 2002/4, OECD Publishing.
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