IDEAS home Printed from https://ideas.repec.org/a/bbn/journl/2012_1_6_coros.html
   My bibliography  Save this article

THE DEVELOPMENT OF ROMANIAN SMEs SINCE THE BEGINNING OF THE 20TH CENTURY

Author

Listed:
  • MONICA MARIA COROS

    () (Faculty of Business, Babes-Bolyai University, Cluj-Napoca, Romania)

Abstract

An indicator for a nation’s and its people’s wealth is provided by the dimensions of its middle-class. As SMEs constitute the spinal bone of the modern economic system, this paper’s purpose is to present the development of the Romanian SMEs throughout the 20th Century: from the flourishing times before the Second World War, during the darkness and gloominess of the communist ruling, to the times of change and transition, respectively to today’s world economic crisis. The main purpose of this analysis is to try to aim at pointing out the links established among a friendly political environment, a healthy economic system, a set of strong and clear ethic values of the managers and the well-being of the people. It becomes clear that there can be identified a strong connection between the willingness of managers and entrepreneurs to assume responsibilities and the dimension of private property. The main assumption of this paper is that the half-century of communist ruling has managed to sweep away the sense of responsibility that is driven by private proprietorship and which is essential for the development of the business environment.

Suggested Citation

  • Monica Maria Coros, 2012. "THE DEVELOPMENT OF ROMANIAN SMEs SINCE THE BEGINNING OF THE 20TH CENTURY," JOURNAL STUDIA UNIVERSITATIS BABES-BOLYAI NEGOTIA, Babes-Bolyai University, Faculty of Business.
  • Handle: RePEc:bbn:journl:2012_1_6_coros
    as

    Download full text from publisher

    File URL: http://tbs.ubbcluj.ro/RePEc/bbn/journl/Negotia_1_2012.pdf
    File Function: Revised version, 2011
    Download Restriction: no

    More about this item

    Keywords

    SMEs; development; 20th Century; sense of responsibility; private proprietorship; Romania.;

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • P31 - Economic Systems - - Socialist Institutions and Their Transitions - - - Socialist Enterprises and Their Transitions
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bbn:journl:2012_1_6_coros. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Cornelia Pop). General contact details of provider: http://edirc.repec.org/data/fbubbro.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.