SMEs - The Main Promoters of the Knowledge based Economy

Nancu Dorinela ()
Additional contact information
Nancu Dorinela: „Ovidius” University of Constanta

Ovidius University Annals, Economic Sciences Series, 2015, vol. XV, issue 1, 318-321

Abstract: Large companies and institutions are still attached of the functional hierarchical organization. In small private firms and non-governmental organizations, managerial and professional practices based on knowledge are already present but still in experimental forms. The characteristics of the small companies are key assets for reshaping them according to the knowledge based economy requirements. The shift to knowledge-based economy is an inevitable process, extremely complex and difficult generating for SMEs simultaneously numerous opportunities and threats. SMEs are those who assume some of the risks associated with this process, have the vision and stubbornness to succeed and to find the success formula. Small and medium enterprises are undoubtedly the "carriers" of knowledge, those who disseminate knowledge within the society and an engine of innovation.

Keywords: SMEs; knowledge of the notions regarding the knowledge-based economy and organization within SMEs; innovation. (search for similar items in EconPapers)
JEL-codes: D83 (search for similar items in EconPapers)
Date: 2015
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://stec.univ-ovidius.ro/html/anale/RO/2015/ANA ... ssue_1_pt%20site.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:ovi:oviste:v:xv:y:2015:i:1:p:318-321

Access Statistics for this article

Ovidius University Annals, Economic Sciences Series is currently edited by Spatariu Cerasela

More articles in Ovidius University Annals, Economic Sciences Series from Ovidius University of Constantza, Faculty of Economic Sciences Contact information at EDIRC.
Bibliographic data for series maintained by Gheorghiu Gabriela ().