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The Influence of the Business Environment on Small and Medium Enterprises

Author

Listed:
  • Iulian Viorel Brașoveanu

    (Bucharest University of Economic Studies)

  • Petronela – Evelina Bălu

    (Bucharest University of Economic Studies)

Abstract

The Small and Medium Enterprise sector in Romania has been significantly affected by the global recession in the years 2008-2009; currently it is making efforts to revive it, thanks to important role it occupies in the economy of any country. SMEs raise wide debates, especially on fiscal measures. In Romania, SMEs represent 99.7% of all businesses, generating two-thirds of jobs in the business and half of gross value added. This paper focuses on the development of SMEs and hence on business environment in Romania. The purpose of this paper is to present the influence which regulations and evolution of businesses environment have on the SME sector.

Suggested Citation

  • Iulian Viorel Brașoveanu & Petronela – Evelina Bălu, 2014. "The Influence of the Business Environment on Small and Medium Enterprises," Journal of Knowledge Management, Economics and Information Technology, ScientificPapers.org, vol. 4(2), pages 1-18, April.
    • Handle: RePEc:spp:jkmeit:1457
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    References listed on IDEAS

    as
    1. Carr, Marilyn. & Chen, Martha Alter., 2002. "Globalization and the informal economy : how global trade and investment impact on the working poor," ILO Working Papers 993541723402676, International Labour Organization.
    2. repec:ilo:ilowps:354172 is not listed on IDEAS
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    More about this item

    JEL classification:

    • K20 - Law and Economics - - Regulation and Business Law - - - General
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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