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The Minimis Aid, A Possible Alternative For Supplementing The Budgets Of Smes For Enhancing Competitiveness Through The Capacity Of Innovation-The Romanian Case

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  • FLORIN TUDOR

    (Faculty of Law, Social and Political Sciences “Dunarea de Jos” University of Galati, Romania)

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    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.

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    File URL: http://academicpublishingplatforms.com/downloads/pdfs/pieb/volume4/201103201005_11_V4_ROMANIA_PIEB_Florin_Tudor_d.pdf
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    Bibliographic Info

    Article provided by Prague Development Center in its journal Perspectives of Innovation in Economics and Business (PIEB).

    Volume (Year): 4 (2010)
    Issue (Month): 1 (February)
    Pages: 45-48

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    Handle: RePEc:pdc:jrpieb:v:4:y:2010:i:1:p:45-48

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    Web page: http://academicpublishingplatforms.com/journal.php?journal=PIEB
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    Related research

    Keywords: Innovation; the minimis aid; financial crisis; competitiveness.;

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