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Financial Implications Of Technological Progress

Author

Listed:
  • Mihaela ȘTEȚ

    (Technical University of Cluj Napoca, North Centre of Baia Mare)

Abstract

The study analyses the problem of financing the innovation that is one of the biggest problems facing the companies that want to be innovative. As a consequence, the paper reveals the main forms of funding the technological progress with their advantages and drawbacks. In particular, it is highlighted the role of innovation and research in the performance of SME and, in relation with them, the difficulties for this companies to access funding under crisis conditions.

Suggested Citation

  • Mihaela ȘTEȚ, 2013. "Financial Implications Of Technological Progress," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 1, pages 192-199, June.
    • Handle: RePEc:cmj:seapas:y:2013:i:1:stetm
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    File URL: http://seaopenresearch.eu/Journals/articles/SPAS_1_22.pdf
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    References listed on IDEAS

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    JEL classification:

    • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management

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