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Actual cash financing situation of SMEs in Romania and further recommendations

Author

Listed:
  • Rocsana Bucea-Manea-Tonis

    (Faculty of Marketing and International Business, Spiru Haret University)

  • Radu Bucea-Manea-Tonis

    (TAROM)

Abstract

The world is experiencing a revolution in the digital and mobile technologies, with more information available more quickly and for more media than ever before. In this context, SMEs can turn to cloud solution. Although the advantages of using the cloud are compelling for SMEs still involves financial costs. In Romania the rate of access to funds is very low. In this context, SMEs need additional assistance to obtain funding.

Suggested Citation

  • Rocsana Bucea-Manea-Tonis & Radu Bucea-Manea-Tonis, 2014. "Actual cash financing situation of SMEs in Romania and further recommendations," Journal of Economic Development, Environment and People, Alliance of Central-Eastern European Universities, vol. 3(1), pages 25-37, March.
    • Handle: RePEc:sph:rjedep:v:3:y:2014:i:1:p:25-37
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    File URL: http://jedep.spiruharet.ro/RePEc/sph/rjedep/Rev8_4_Rocsana.pdf
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    Citations

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    Cited by:

    1. Madalina Gabriela ANGHEL & Constantin ANGHELACHE & Daniel DUMITRESCU & Alexandru URSACHE, 2016. "The European Initiative for Small and Medium Enterprises," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 64(6), pages 49-58, june.

    More about this item

    Keywords

    SME financing European funds; cloud computing;

    JEL classification:

    • M15 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - IT Management

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