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Small And Medium Enterprise, The Prototype Of The Knowledge-Based Organization

Author

Listed:
  • Vladimir-Codrin IONESCU

    () (University of Bucharest, Romania)

  • Toma PLE¸ANU

    () ("Carol I-st" National Defence University, Bucharest, Romania)

Abstract

Small and medium enterprises are a key sector for sustainable economic development and an important factor to absorb the manpower available or made available and, at the same time, a flexible vector in adapting the production of goods and services to the volume and structure of market demand. The attributes of SMEs place this type of organization in the forefront of economic development and, also, the defining coordinates of the modern, knowledge-based economy are favorable for the expansion of the small and medium sector. Under such circumstances, the present paper approaches the small and medium enterprise as the main microeconomic pawn of knowledge-based economy.

Suggested Citation

  • Vladimir-Codrin IONESCU & Toma PLE¸ANU, 2011. "Small And Medium Enterprise, The Prototype Of The Knowledge-Based Organization," Proceedings of the 6-th International Conference on Knowledge Management: Projects, Systems and Technologies, Bucharest, October 27-28, 2011 12, Faculty of Economic Cybernetics, Statistics and Informatics, Academy of Economic Studies from Bucharest and "Carol I-st" National Defence University, Department for Management of the Defence Resources and Education.
  • Handle: RePEc:rom:km2011:12
    as

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    More about this item

    Keywords

    small and medium enterprise (SME); knowledge-based economy; knowledge-based organization; economic efficiency.;

    JEL classification:

    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • D90 - Microeconomics - - Micro-Based Behavioral Economics - - - General

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