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SME'S AS A SUPPORT FACTOR FOR PROGRESS

Liviu-Cătălin Moraru
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Liviu-Cătălin Moraru: Academy of Economic Studies, Bucharest

Theoretical and Applied Economics, 2007, vol. 11(516)(supplement)(vol2), issue 11(516)(supplement)(vol2), 107-112

Abstract: The European officials have recently identified a relatively low level of entrepreneurship in the European countries comparing with others regions of the world. Dealing with the Lisbon objectives (for example, increasing the EU competitiveness), European's authorities have recommended a set of economic policies in order to increase competition and stimulate entrepreneurs. Obviously, the large majority of these policies are related to SMEs, as they represent about 99% in the total of European firms. The aim of this paper is to analyze the legislation that Romanian authorities have adopted in order to meet the EU expectations in this field.

Keywords: small and medium size enterprises; micro-enterprises; red tape; competitiveness; sustaining SME's; Law regarding SME's. (search for similar items in EconPapers)
Date: 2007
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