THE MINIMIS AID, A POSSIBLE ALTERNATIVE FOR SUPPLEMENTING THE BUDGETS OF SMES FOR ENHANCING COMPETITIVENESS THROUGH THE CAPACITY OF INNOVATION-THE ROMANIAN CASE

Florin Tudor
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Florin Tudor: Faculty of Law, Social and Political Sciences “Dunarea de Jos” University of Galati, Romania

Perspectives of Innovation in Economics and Business (PIEB), 2010, vol. 4, issue 1, 45-48

Abstract: The latest Scoreboard of the European Commission regarding the state aid shows that the Member States are using increasingly more opportunities offered by EU rules on state aid. This paper comes to clarify the benefits of accessing the minimis aid by traders, as capital contributions, guarantees, risk capital measures in the innovation process, to create a new product, introducing a new method of manufacturing, entering in a new market or creating a new market, calling for a new raw material.

Keywords: Innovation; the minimis aid; financial crisis; competitiveness. (search for similar items in EconPapers)
JEL-codes: G38 O31 (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (1)

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