The Role of SMEs in Modern Economy

Ludovica Ioana Savlovschi () and Nicoleta Raluca Robu ()
Additional contact information
Ludovica Ioana Savlovschi: The Bucharest Academy of Economic Studies, Romania
Nicoleta Raluca Robu: The Bucharest Academy of Economic Studies, Romania

Economia. Seria Management, 2011, vol. 14, issue 1, 277-281

Abstract: The worldwide experience proves the special role and the importance of small and medium enterprises within the national economies. After the ascension of the last three decades, it is thought that the small and medium enterprises will be in the next period the main vector of the economic progress, both in the developed countries and the ones in transition. On the one hand, the attributes of small and medium enterprises situates this type of organization in the foreground of economic development. On the other hand, the coordinates defining the new configuration of the world economy are favourable to the expansion of the small and medium sector

Keywords: small and medium enterprises; economic development; jobs. (search for similar items in EconPapers)
JEL-codes: L11 L16 (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations: View citations in EconPapers (15)

Downloads: (external link)
https://www.management.ase.ro/reveconomia/2011-1/25.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rom:econmn:v:14:y:2011:i:1:p:277-281

Access Statistics for this article

Economia. Seria Management is currently edited by Ciocoiu Nadia Carmen

More articles in Economia. Seria Management from Faculty of Management, Academy of Economic Studies, Bucharest, Romania Contact information at EDIRC.
Bibliographic data for series maintained by Ciocoiu Nadia Carmen ().