SME - BASED APPROACH IN THE CONTEXT OF THE KNOWLEDGE-BASED ECONOMY

Mariana Man and Maria Macris
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Mariana Man: University of Petrosani Faculty of Sciences
Maria Macris: University of Petrosani Faculty of Sciences

Annals of University of Craiova - Economic Sciences Series, 2014, vol. 2, issue 42, 137-146

Abstract: SMEs will continue to represent, in the following decades, the most active, dynamic and performant part of a country’s economy. In this respect we have tried an approach of some aspects of extreme importance for the role of the SMEs in Romania in the present economic context of the knowledge-based economy, and we have started by presenting the main advantages and disadvantages of the SMEs in Romania as compared with large enterprises, and later we have analyzed the institutional framework which shall ensure the development and growth of the SMEs, as well as the main factors which influence competitiveness in the current economy.

Keywords: SME’s; knowledge-based economy; competitiveness; institutional framework; factors of influence (search for similar items in EconPapers)
JEL-codes: G00 G18 G32 M13 M21 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:aio:aucsse:v:2:y:2014:i:42:p:137-146

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