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Small Business Development During The Crisis

Author

Listed:
  • Sorin Briciu

    (‘1 Decembrie 1918‘ University Alba Iulia Romania)

  • Constantin Groza

    (‘1 Decembrie 1918‘ University Alba Iulia Romania)

  • Alina Putan

    (‘1 Decembrie 1918‘ University Alba Iulia Romania)

Abstract

In a modern economy SMEs have to function beside the large enterprises in anefficient way. Both large enterprises and small enterprises have a role and weighted well defined onthe market, in the light of the priorities on which the economy and social structure requires. In theperiod of crisis, however, the priorities of operation of the economy changes being needed majoradjustments, the ratio between large enterprises and small.One way to achieve this modernization would be stimulate the market free of the capitalparticularly that aimed at SMEs.This paper will present, most important characteristics which would be the most important of thereport between large and small enterprises, how should operate and which would be factorsinfluencing development of the small and medium-sized in the period of the crisis. Establishing anoptimal ratio between large companies and SMEs by stimulating the development of the latterwould be one way to mitigate the dramatic effects of the crisis period.

Suggested Citation

  • Sorin Briciu & Constantin Groza & Alina Putan, 2012. "Small Business Development During The Crisis," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 2(14), pages 1-2.
  • Handle: RePEc:alu:journl:v:2:y:2012:i:14:p:2
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    File URL: http://oeconomica.uab.ro/upload/lucrari/1420122/02.pdf
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    References listed on IDEAS

    as
    1. Domingo Soriano & Salvador Dobon, 2009. "Linking globalization of entrepreneurship in small organizations," Small Business Economics, Springer, vol. 32(3), pages 233-239, March.
    2. Tiwari, Rajnish & Buse, Stephan, 2007. "Barriers to innovation in SMEs: Can the internationalization of R&D mitigate their effects?," Working Papers 50, Hamburg University of Technology (TUHH), Institute for Technology and Innovation Management.
    3. Sorin Briciu & Constantin Groza & Ioan Ganfalean, 2009. "International Financial Reporting Standard (Ifrs) Will Support Managemnet Accounting System For Small And Medium Entreprise (Sme)?"," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 1(11), pages 1-32.
    4. Wenyi Chu, 2009. "The influence of family ownership on SME performance: evidence from public firms in Taiwan," Small Business Economics, Springer, vol. 33(3), pages 353-373, October.
    5. Alexander Brem & Nico Kreusel & Christian Neusser, 2008. "Performance measurement in SMEs: literature review and results from a German case study," International Journal of Globalisation and Small Business, Inderscience Enterprises Ltd, vol. 2(4), pages 411-427.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Balance; Financial Crisis; Small and Medium Enterprises (SMEs); Web Technology; XBRL.;

    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • M40 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - General
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

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