SMEs Competitiveness Reflected Through Productivity - Comparative Study Between Romania and the EU

Maria-Daniela Bondoc and Alina Hagiu

EuroEconomica, 2011, issue 5(30), 137-147

Abstract: The aim of this paper is to provide a basis for discussion about the competitiveness in Romania and in EU27, focused on the employment, value added and productivity of the SME in the economic crisis context. The current global crisis caused also a temporary halt in Romanian SME development, reducing their number, their contribution to employment and to GDP by value added. The economic crisis may be a threat or an opportunity, depending on the behaviour of SME; it is a threat if SME are acting like victims, and an opportunity, if they know how to adapt to changes, having a good view of events in progress, and managing this way to maintain or increase their competitiveness. This study, based on statistical data at European level aims to highlight the results of these behaviours reflected in the productivity level in Romania and in the EU.

Keywords: economic crisis; performance; employment; value added (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:dug:journl:y:2011:i:5:p:137-147

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