The minimis aid, a possible alternative for supplementing the budgets of SMEes for enhancing competitiveness through the capacity of innovation - the
The minimis aid, a possible alternative for supplementing the budgets of SMEes for enhancing competitiveness through the capacity of innovation - the
Author(s): Florin TudorSubject(s): Economy
Published by: Prague Development Center
Keywords: Innovation; the minimis aid; financial crisis; competitiveness.
Summary/Abstract: The latest Scoreboard of the European Commission regarding the state aid shows that the Member States are using increasingly more opportunities offered by EU rules on state aid. This paper comes to clarify the benefits of accessing the minimis aid by traders, as capital contributions, guarantees, risk capital measures in the innovation process, to create a new product, introducing a new method of manufacturing, entering in a new market or creating a new market, calling for a new raw material.
Journal: Perspectives of Innovations, Economics and Business, PIEB
- Issue Year: 4/2010
- Issue No: 1
- Page Range: 45-48
- Page Count: 4
- Language: English