Supporting SMEs in creating jobs

Daniela Pasnicu
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Daniela Pasnicu: Spiru Haret University (USH), National Scientific Research Institute for Labor and Social Protection (INCSMPS)

Journal of Economic Development, Environment and People, 2018, vol. 7, issue 1, 15-22

Abstract: SMEs are the most dynamic sector of the economy, representing a key factor in employment growth. Although SMEs have been severely affected by the economic crisis from 2008, they continue to be an more and more important source of generating jobs, regardless of size class. Given the differentiated contribution of SMEs to job creation as a result of their heterogeneity, the article analyses the dynamics of staff in enterprises by size classes and activities of the national economy. The statistical analysis is followed by a SWOT analysis of policies and tools to support SMEs in creating jobs both with direct action - management, recruitment, training and indirectly action by addressing general business issues. Supporting measures of the economic growth of SMEs through internationalization, innovation and improved access to finance foster competitiveness and, implicitly, the creation of new jobs.

Keywords: SMEs; employment; jobs; policies (search for similar items in EconPapers)
JEL-codes: J00 J08 J21 M5 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:sph:rjedep:v:7:y:2018:i:1:p:15-22

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