MEASURES TO SUPPORT SMEs IN THE EUROPEAN UNION

Valentina Diana Ignatescu ()
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Valentina Diana Ignatescu: „Alexandru Ioan Cuza” University, Iasi, Romania
Authors registered in the RePEc Author Service: Valentina Diana Rusu

JOURNAL STUDIA UNIVERSITATIS BABES-BOLYAI NEGOTIA, 2010

Abstract: This paper aims to identify and analyze the principal measures by which European Union supports the establishment and development of small and medium enterprises. SMEs taken individually have a very small power but if we analyze all SMEs in a country we find that they have a very important role in the economy because they provide jobs and their performance may influence the degree of development of an economy. Thus, the European Union focuses its efforts to support SMEs in various fields; these efforts are geared towards both easier accesses to financing and in the direction of regulations, competition, stimulating entrepreneurship. Through this paper we analyze all these measures taken by the European Union and their implementation results. And finally, we will conclude if these measures are effective or not.

Keywords: structural funds; the internationalization of SMEs; entrepreneurship (search for similar items in EconPapers)
JEL-codes: D92 F36 G32 (search for similar items in EconPapers)
Date: 2009
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http://tbs.ubbcluj.ro/RePEc/bbn/journl/2010_1_12_Ignatescu.pdf Revised version, 2009 (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:bbn:journl:2010_1_12_ignatescu

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