Firms Development in the Romanian Economy

Romanescu Marcel Laurenþiu ()
Additional contact information
Romanescu Marcel Laurenþiu: “Constantin Brâncuºi” University Târgu-Jiu, Faculty of Economics and Affair Management

Ovidius University Annals, Economic Sciences Series, 2012, vol. XII, issue 2, 928-932

Abstract: The necessity for assistance ]n a transition economy emerges from the analysis of the constraints which limit or slow down the process of small and medium enterprises formation and growth. The unsafe economic climate for entrepreneurs due to the low incomes, the low purchasing power, the resistance of financial blocking, and the high inflation rates, etc. The process of companies launching and surviving takes place in a period of economic crisis and instability which grow up the environment unsafe and the risks of business actions. Moreover, they emerge many bureaucratic impediments related to the relationship with state enterprises, local administration, and governmental entities.

Keywords: phase; growth; company; small and medium enterprises; approach (search for similar items in EconPapers)
JEL-codes: M10 M20 M51 (search for similar items in EconPapers)
Date: 2012
References: Add references at CitEc
Citations:

Downloads: (external link)
http://stec.univ-ovidius.ro/html/anale/ENG/cuprins%20rezumate/volum2012p2v2.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:ovi:oviste:v:xii:y:2012:i:2:p:928-932

Access Statistics for this article

Ovidius University Annals, Economic Sciences Series is currently edited by Spatariu Cerasela

More articles in Ovidius University Annals, Economic Sciences Series from Ovidius University of Constantza, Faculty of Economic Sciences Contact information at EDIRC.
Bibliographic data for series maintained by Gheorghiu Gabriela ().