The Core That Triggers SMEs PerformancesClassification-JEL

Oncioiu Ionica ()
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Oncioiu Ionica: Assoc. Prof. Ph.D., Titu Maiorescu University Bucharest

Journal of Business Economics and Information Technology, 2015, vol. 2, issue 2, 1

Abstract: More small enterprises make full use of innovation to obtain the best performance in business operations. As a result, SMEs are attaching more importance to the combination of innovation strategy and enterprise development strategy. In addition, most of the Romanian SMEs have not regarded the necessity of innovation strategy, and even those enterprises that are implementing innovation process have difficulty in explaining, systematically, its value for SMEs performance. The result shows that innovation in SMEs play an important role in the economic growth development and it is critical to establishing and extending competitive advantage. It is expected that this study result can help Romanian SMEs find the right direction for innovation strategy and have a more specific understanding of the improvement in their performance.

Keywords: Innovation; triggers; SMEs; Performances (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:jbu:jbeitt:1412

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