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Concept of Sustainable Development of Small and Medium Enterprises in Moldova

Author

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  • Lilia Taranenco (Hajdeu)

    () ("Dimitrie Cantemir" Christian University)

Abstract

Sustainable development is development that meets the needs of the present without compromising the ability of future generations to meet their own needs. In management science concept of sustainable development is fundamental and there are several approaches to defining this term. Often, the term sustainability means the ability of the company to react to changes in the external environment and internal changes. Sustainable economic development of a society can be achieved through the support and development of small and medium enterprises. Analysis of national and international experience shows that small and medium enterprises have become an important part of the economy and plays a role in all the socio-economic developing countries.

Suggested Citation

  • Lilia Taranenco (Hajdeu), 2013. "Concept of Sustainable Development of Small and Medium Enterprises in Moldova," Knowledge Horizons - Economics, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 5(2), pages 126-129, June.
  • Handle: RePEc:khe:journl:v:5:y:2013:i:2:p:126-129
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    More about this item

    Keywords

    Sustainable development; SMEs; strategy development indicators;

    JEL classification:

    • B21 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Microeconomics

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