A new beginning for SMEs development
Year: 2015
Type: article
Abstract: In the first part of our paper we emphasize the role of SMEs in achieving sustainable economical, social and environmental goals, in both emerging and developed economies. In the second part of the paper we briefly present the macroeconomic trends and business climate for SMEs during crisis and post-crisis, while further are presented the most common conventional and alternative financing solutions for SMEs. The fifth part of the paper represents an inquiry about the government authorities’ role in supporting SMEs. The paper concludes with the recent changing paradigm related to SMEs financing, from a passive intervention of authorities towards a closer approach to real economy, providing the paths towards a robust and sustainable growth.
Source: Economie teoretică şi aplicată
Author: Dan Costin Nițescu
Institution: Bucharest University of Economic Studies
Language: Romanian
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W2281254931