THE EVOLUTION OF THE ROMANIAN SMEs AFTER ROMANIA’S INTEGRATION IN THE EUROPEAN UNION STRUCTURES
THE EVOLUTION OF THE ROMANIAN SMEs AFTER ROMANIA’S INTEGRATION IN THE EUROPEAN UNION STRUCTURES

Summary/Abstract: The analysis of the evolution of SMEs has become a distinct field of research and even of utmost topicality in thelight of the latest scientific approaches developed on this matter, which is based on the fact that the Europe2020 strategy and the European economy focus on harnessing the potential of small and medium-sizedenterprises (SMEs). They are the backbone of the economy in all countries, and the European Union’sexperience shows that the SME sector can make an essential contribution to the gross domestic product (GDP)and reduce unemployment (60% of the GDP and about 70% of the total labor force). In the last period,entrepreneurship has created a unique context that offers to all those interested a favorable environment for thedevelopment of entrepreneurial activities that go beyond institutional barriers. This paper presents a specificsituation based on the evolution of the Romanian SMEs in the context of the integration into the EuropeanUnion sphere of influence, and implicitly a systematic centralization of the main indicators and the activitysectors of SMEs, in a comparative manner, according to the European model described in the literature. Withthe integration of Romania into the European Union, new opportunities have been created, focusing onincreasing the competitiveness of SMEs through research and innovation, and implicitly the access to nonreimbursablefinancing.

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