The Role of Small and Medium Enterprises in World Economies – Some Aspects

Orlin Todorov

Economic Thought journal, 2008, issue 4, 69-79

Abstract: Discussed are some practical and theoretical issues of the development of small and medium enterprises (SME) and their significance in world economy. It is confirmed that they are the dominating type enterprises in the world; they play an important role for the creation of employment, especially in periods of crisis; they have a positive impact on a number of macro- and microeconomic variables and on the general prosperity of individual nations; they have positive effect on the processes of intraenterprise cooperation and regional development etc. Also analyzed are some of the factors which contribute for the increase of the importance of small enterprises in global economy. Shown is Bulgaria’s place in the field of the discussed issues.

JEL-codes: D21 F01 (search for similar items in EconPapers)
Date: 2008
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.ceeol.com/aspx/issuedetails.aspx?issuei ... 01-ac8c-829596719e46
Fee access

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:bas:econth:y:2008:i:4:p:69-79

Access Statistics for this article

More articles in Economic Thought journal from Bulgarian Academy of Sciences - Economic Research Institute Contact information at EDIRC.
Bibliographic data for series maintained by Diana Dimitrova ().