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Development Of The Enabling Environment For Smes €“ Essential Requirement To The Sustainable Economy

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  • OVIDIU NICOLESCU

Abstract

In the elaboration of this paper, the main oblectives have been: to reveal the complex interdependence between the business environment – enabling, permisive and unfavorable – and the entrepreneurs, outlining the crucial role of the state as the major business environment component; to present the recent evaluations of the Romanian business environment by the entrepreneurs in 2012 and 2011, by the World Bank, and by EU bodies; to formulate a set of recommendations regarding the improvement of the Romanian business environment and SMEs development. All complex business and SMEs elements involved have been analysed in the context of the recent international and national evolutions generated by the economic crisis, projecting ways focused on the building an enabling business environment for SMEs in the next future.

Suggested Citation

  • Ovidiu Nicolescu, 2012. "Development Of The Enabling Environment For Smes €“ Essential Requirement To The Sustainable Economy," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 6(1), pages 550-561, November.
    • Handle: RePEc:rom:mancon:v:6:y:2012:i:1:p:550-561
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    References listed on IDEAS

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    1. Ciprian NICOLESCU, 2011. "Perceptions of Entrepreneurs Regarding Romanian Business Environment in 2010," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 12(6), pages 479-489, December.
    2. Oana Mihaela BARA, 2011. "Characteristics and Performances of Entrepreneurial Management in Romania," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 12(6), pages 25-28, December.
    3. Lester LLOYD - REASON & Roger MUMBY - CROFT & Leigh SEAR, 2009. "Entrepreneurship Education: Embedding Practitioner Experience," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 10(4), pages 598-610, October.
    4. Lavinia Mirabela BORCOS, 2011. "Romanian Entrepreneur Profile and Behavior," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 12(6), pages 102-105, December.
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