STRUCTURAL AND COHESION FUNDS - WAY TO INCREASE COMPETITIVENESS AT ENTERPRISE LEVEL

Larisa-Diana Pop and Anca Borza

Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, 2015, vol. 9, issue 1, 893-901

Abstract: This article focuses on the importance of Structural Funds as a way to increase competitiveness at enterprise level. The objective of this article is to provide the basic vocabulary for understanding the Structural Funds and how they operate and the main advantages and disadvantages of these financial instruments. In first part we presented the basic concepts about Structural Funds, the structure of allocating European Funds and the goals that are financing by them. To understand the purpose of structural and cohesion funds we analyze them in relation to small and medium enterprises and the way how influences their evolution. Finally the result of this work could be used as a potential future research directions of the field.

Keywords: Structural and Cohesion Funds; Absorption rate; Competitiveness; Structural; Indicators (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:893-901

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