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Globalization, Entrepreneurship and Small Business

Author

Listed:
  • Stan ªtefania Anca

    („Vasile Alecsandri” University of Bacau, Faculty of Economic Sciences)

Abstract

New product innovation often comes from small business. Most the radical inventions of the last century, such as the computer, come from small companies, not large ones. And this will not change. Globalization will continue to modify and mold the environment or small business and entrepreneurship. The competition from abroad places strong pressure on small business in terms of efficiency, price, quality, cost, control, marketing, expertise, customer satisfaction and innovativeness. Globalization is an unstoppable phenomenon, presenting opportunities to those who are prepared and threats to those who are not.

Suggested Citation

  • Stan ªtefania Anca, 2012. "Globalization, Entrepreneurship and Small Business," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 1166-1169, May.
    • Handle: RePEc:ovi:oviste:v:xii:y:2012:i:12:p:1166-1169
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    More about this item

    Keywords

    small business; globalization; entrepreneurship; innovation;
    All these keywords.

    JEL classification:

    • M19 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Other

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