EXPLORING POSSIBILITIES FOR SUSTAINABLE DEVELOPMENT IN SMALL AMD MEDIUM-SIZED ENTERPRISES IN THE NORTH-EASTERN REGION (NER
Darina Pavlova and
Sibel Ahmedova
Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, 2015, vol. 9, issue 1, 381-387
Abstract:
The paper focuses on the key issues facing small and medium-sized enterprises in the North-Eastern planning region, their position (standing) and importance, their funding advantages and disadvantages, the impact of the external environment, the interconnectedness between business and entrepreneurship. The aim is, on the basis of research and analysis of the economic situation in NER, to outline the main factors and possibilities that should be considered in ensuring sustainable economic growth in the SME sector. For the purposes of this study, therefore, a detailed survey was carried out among SMEs in the region. Accordingly, much of the information for the paper comes from the official statistics and reports from different enterprises in the North-Eastern region (NER). Presented are also guidelines for a more effective SME activity that would facilitate their survival and effectively promote the achievement of economic sustainability.
Keywords: small and medium-sized enterprises; competitiveness; sustainable development. (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:rom:mancon:v:9:y:2015:i:1:p:381-387
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