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The impact of the crisis on the SME sector in Romania-The back-up of innovation and entrepreneurship development

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  • Zsuzsanna K.SZABO

    ()
    (Petru Maior University, Târgu Mures, Romania)

Abstract

It is widely recognized that the economic recovery largely depends on the improvement of the SME sector. In the order to determine the opportunities and to analyze the challenges faced by Romanian SMEs in (post)crises period, the paper presents first a short review of the national economy and the role of the SME sector. The paper presents also the situation of the SME sector after 2008 and a SWOT analysis in order to identify targets for the next period in concordance with the Europe 2020 strategy.

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Bibliographic Info

Article provided by Institute of National Economy in its journal Romanian Journal of Economics.

Volume (Year): 33 (2011)
Issue (Month): 2(42) (December)
Pages: 90-108

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Handle: RePEc:ine:journl:v:2:y:2011:i:42:p:90-108

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Related research

Keywords: crisis; SME; entrepreneurship; innovation;

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References

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  1. Vasile, Valentina, 2002. "Demographic Transition and Economic Transition. Interlinking and Parallelism. The Case of Romania," Discussion Paper 65, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.
  2. Visinescu, Sorin & Micuda, Dan, 2011. "Romanian SME’s sector trough crisis: the effectiveness of government policies and the present situation," MPRA Paper 30618, University Library of Munich, Germany.
  3. GHEORGHE ZAMAN & Anca CRISTEA, 2011. "EU Structural Funds Absorption in Romania: Obstacles and Issues," Romanian Journal of Economics, Institute of National Economy, vol. 32(1(41)), pages 60-77, June.
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Cited by:
  1. Daniela Rodica Silivestru(Popescu), 2012. "Bank Loans And Small Firm Financing In Romania," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 1(14), pages 15.

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