IDEAS home Printed from https://ideas.repec.org/a/rom/bemann/v14y2024i4p36-42.html
   My bibliography  Save this article

The Development Of The Sme Sector In The European And Global Spectrum

Author

Listed:
  • Matei-Ștefan NEDEF

    (Bucharest University of Economic Studies, Bucharest, Romania)

Abstract

Small and Medium-sized Enterprises (SMEs) have a key role in shaping the business environment both at national and global levels, being at the core of the corporate and organizational ecosystem. This paper outlines the SMEs roadmap to becoming a benchmark in the national, European and global economy. It analysis how SMEs have developed in response to the volatile economic conditions, technological advancements and unpredictable regulatory changes. By assessing their impact on national economies and their alignment to the global market trends, the paper highlights the key factors contributing to SMEs success, including competitiveness, resilience, and sustainability.

Suggested Citation

  • Matei-Ștefan NEDEF, 2024. "The Development Of The Sme Sector In The European And Global Spectrum," Business Excellence and Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 14(4), pages 36-42, December.
    • Handle: RePEc:rom:bemann:v:14:y:2024:i:4:p:36-42
    as

    Download full text from publisher

    File URL: https://beman.ase.ro/no144/3.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Zubair, Siraz & Kabir, Rezaul & Huang, Xiaohong, 2020. "Does the financial crisis change the effect of financing on investment? Evidence from private SMEs," Journal of Business Research, Elsevier, vol. 110(C), pages 456-463.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Fernández de Guevara, Juan & Maudos, Joaquín & Salvador, Carlos, 2021. "Effects of the degree of financial constraint and excessive indebtedness on firms’ investment decisions," Journal of International Money and Finance, Elsevier, vol. 110(C).
    2. de Guevara, Juan Fernández & Maudos, Joaquín & Salvador, Carlos, 2022. "Firms’ investment, indebtedness and financial constraints: Size does matter," Finance Research Letters, Elsevier, vol. 46(PA).
    3. Olgica Glavaški & Emilija Beker Pucar & Marina Beljić & Stefan Stojkov, 2022. "Coordination vs. Competitiveness of Effective Average Tax Rates in Relation to FDI: The Case of Emerging EU Economies," Sustainability, MDPI, vol. 15(1), pages 1-20, December.
    4. Teirlinck, Peter, 2022. "Enhancing R&D employment slack during environmental turbulence: Triggers and firm performance consequences for R&D-active SMEs," Technovation, Elsevier, vol. 118(C).
    5. Jiang, Kangqi & Chen, Zhongfei & Rughoo, Aarti & Zhou, Mengling, 2022. "Internet finance and corporate investment: Evidence from China," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 77(C).
    6. Tanin, Tauhidul Islam & Sarker, Ashutosh & Hammoudeh, Shawkat & Batten, Jonathan A., 2024. "The determinants of corporate cost of debt during a financial crisis," The British Accounting Review, Elsevier, vol. 56(6).
    7. Iman Cheratian & Saleh Goltabar & Mohammad Reza Farzanegan, 2022. "Survival Strategies Under Sanctions: Firm-Level Evidence from Iran," Working Papers 1569, Economic Research Forum, revised 20 Aug 2022.
    8. Jianpei Li & Jierui Huang & Bowen Li, 2024. "Do command‐and‐control environmental regulations realize the win‐win of “pollution reduction” and “efficiency improvement” for enterprises? Evidence from China," Sustainable Development, John Wiley & Sons, Ltd., vol. 32(4), pages 3271-3292, August.
    9. Sohag, Kazi & Kliestik, Tomas & Shams, S.M. Riad & Mariev, Oleg & Davidson, Natalia, 2022. "Capital market deepening, Governor’s characteristics and Russian regional enterprises: A big data analysis," Journal of Business Research, Elsevier, vol. 149(C), pages 340-352.
    10. Halil D. Kaya & Engku N Engkuchik, 2022. "A Study Of The Impact Of The 2008-2009 Global Crisis In Eastern Europe And Central Asia: Retailers’ And Core Industry Firms’ Fixed Asset Purchases," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 4, pages 173-178, August.
    11. N. A. Ganichev, 2024. "Strategic Priorities of the Structural Transformation in the Machinery Complex in the Context of Fiscal Space," Studies on Russian Economic Development, Springer, vol. 35(6), pages 810-819, December.
    12. Eggers, Fabian, 2020. "Masters of disasters? Challenges and opportunities for SMEs in times of crisis," Journal of Business Research, Elsevier, vol. 116(C), pages 199-208.
    13. Myint Moe Chit & Marian Rizov, 2024. "SMEs' diversification of financing sources: Strategy or desperation?," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 29(3), pages 3123-3146, July.
    14. I. E. Frolov & V. N. Borisov & N. A. Ganichev, 2023. "Potential for the Implementation of the Policy of Developing Import Substitution in Industry within the Budget Constraints 2023–2025," Studies on Russian Economic Development, Springer, vol. 34(6), pages 842-851, December.
    15. Eltigani Ahmed & James Kilika & Clare Gakenia, 2021. "SME Resilience to Covid-19: Insights from Non-Essential Service Providers in Nairobi," International Journal of Finance & Banking Studies, Center for the Strategic Studies in Business and Finance, vol. 10(4), pages 24-39, October.
    16. Chit, Myint Moe & Croucher, Richard & Rizov, Marian, 2023. "Surviving the COVID‐19 pandemic: The antecedents of success among European SMEs," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 20(1), pages 113-127.
    17. Yi Wang & Junke Feng & Nosheena Yasir & Yu Bai, 2022. "The Impact of Political Incentives Received by Key Local Officials on Enterprises’ Green Innovations for the Development and Construction of Ecological Civilization in China," Sustainability, MDPI, vol. 14(18), pages 1-24, September.
    18. Liying Ren & Haomin Wu & Yangyang Liu, 2025. "Kill Two Birds With One Stone? China's Mixed Ownership Reform and Investment Efficiency," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 46(4), pages 2474-2503, June.
    19. Spyros Arvanitis & Euripidis Loukis, 2024. "Factors Explaining Firm Economic Vulnerability During the 2008 Crisis," Journal of Industry, Competition and Trade, Springer, vol. 24(1), pages 1-41, December.
    20. Ibrahim Yarba, 2025. "Is Corporate Indebtedness a Drag on Investment after Financial Shocks?," World Journal of Applied Economics, WERI-World Economic Research Institute, vol. 11(1), pages 1-15, June.

    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:rom:bemann:v:14:y:2024:i:4:p:36-42. See general information about how to correct material in RePEc.

    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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Zamfir Andreea (email available below). General contact details of provider: https://edirc.repec.org/data/mnasero.html .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.