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Objectives and difficulties in SME’s sector in Romania

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  • ANDREI, Dalina

Abstract

The topic of this paper keeps deep roots in the old economic thinking and will share between such basics and update data for Romania. On the one hand, the Marginalist ‘perfect competition model’ daring to link between ‘welfare maximizing’ and what ever-since regards ‘small and medium size enterprises’(SME), and that basing on a real and simple mathematical demonstration of that time. On the other, the latter and today condition in a country like Romania in early 21st century, namely in a time of all compatibility dismantled between economic development and just SME here working. We’ll also see below that SME cannot be missing, together with activities and their aspects that appear even surprising at the first sight. All facts and data here develop during the two years previous to the current pandemic (2018-2019). Data, including some analyses made, here come from National Institute of Statistics (INSEE), National Council for SME, both in Romania, plus the European Commission(EC) Manual. To equally be noted that these same data and analyses will make the basis for future research considering current health crisis and its impact on the Romania’s business environment.

Suggested Citation

  • ANDREI, Dalina, 2021. "Objectives and difficulties in SME’s sector in Romania," MPRA Paper 106619, University Library of Munich, Germany, revised 14 Mar 2021.
    • Handle: RePEc:pra:mprapa:106619
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    References listed on IDEAS

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    1. Alexander W. Bartik & Marianne Bertrand & Zoë B. Cullen & Edward L. Glaeser & Michael Luca & Christopher T. Stanton, 2020. "How Are Small Businesses Adjusting to COVID-19? Early Evidence from a Survey," NBER Working Papers 26989, National Bureau of Economic Research, Inc.
    2. Rachel Doern & Nick Williams & Tim Vorley, 2019. "Special issue on entrepreneurship and crises: business as usual? An introduction and review of the literature," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 31(5-6), pages 400-412, May.
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    4. Alexander W. Bartik & Marianne Bertrand & Zoe Cullen & Edward L. Glaeser & Michael Luca & Christopher Stanton, 2020. "The impact of COVID-19 on small business outcomes and expectations," Proceedings of the National Academy of Sciences, Proceedings of the National Academy of Sciences, vol. 117(30), pages 17656-17666, July.
    5. Giones, Ferran & Brem, Alexander & Pollack, Jeffrey M. & Michaelis, Timothy L. & Klyver, Kim & Brinckmann, Jan, 2020. "Revising entrepreneurial action in response to exogenous shocks: Considering the COVID-19 pandemic," Journal of Business Venturing Insights, Elsevier, vol. 14(C).
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    More about this item

    Keywords

    Small and Medium Size Enterprises (SME); Marginalism; Perfect Competition Model;
    All these keywords.

    JEL classification:

    • M00 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General - - - General
    • M2 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development

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