ENSURING COMPETITIVE ADVANTAGE IN SMES IN THE CONSTRUCTION INDUSTRY IN ROMANIA THROUGH TECHNOLOGICAL INNOVATION

Ludmila Railean (Pãunescu)
Additional contact information
Ludmila Railean (Pãunescu): Faculty of Economics and Business Administration, University of Craiova, Craiova, Romania

Revista Tinerilor Economisti (The Young Economists Journal), 2011, vol. 1, issue 17, 110-117

Abstract: During the current construction firms operating in a competitive environment internally and externally powerful. Confrontation between markets is particularly harsh, and that competition should be seen in its actual size, since only in this way will be able to take all necessary measures to ensure security and development of firms. To remain competitive in a globalized economy, it is essential for firms to invest in research, development and innovation. This is the best strategy to overcome the crisis. This paper describes some important links between the competitive advantage and technological innovation. I will focus not on specific technologies or how to drive research and development, but the means to recognize and exploit the competitive significance that involves technological innovation.

Keywords: competitiveness; innovation; construction industries; strategy; competitive advantage; SMEs. (search for similar items in EconPapers)
JEL-codes: M10 M21 O32 (search for similar items in EconPapers)
Date: 2011
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://feaa.ucv.ro/RTE/017-15.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:aio:rteyej:v:1:y:2011:i:17:p:110-117

Access Statistics for this article

Revista Tinerilor Economisti (The Young Economists Journal) is currently edited by Ionascu Costel

More articles in Revista Tinerilor Economisti (The Young Economists Journal) from University of Craiova, Faculty of Economics and Business Administration Contact information at EDIRC.
Bibliographic data for series maintained by Ionascu Costel ().