Browsing: L26

2014

Overview of European Union SMEs sector

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Introduction. In an international landscape characterized by continuous structural changes and a growing competitive pressure, the role of SMEs is becoming increasingly important, in their capacity as providers of employment opportunities and key-players in the prosperity of local and regional communities.

Aim of the study. The paper highlights evolutionary benchmarks of the EU SMEs, with special reference to three indicators, namely the number of firms, number of employees and gross value added. The main EU documents relating to SMEs are briefly presented, specifically the “European Charter for Small Enterprises” and “Small Business Act” for Europe. In the final part of the paper we have analyzed the “skills and innovation” principle, which is of major importance in the context of the “A Union of Innovation” Initiative, included in the Europe 2020 Strategy.
Keywords: European Union, SMEs, Small Business Act, skills and innovation.
JEL Classification: L25, L26, M10, M21, O10.

2014

Using wind and solar renewable energy by enterprises and consumers in terms of the energy management

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Introduction. More and more leaders realize that the wider use of renewable energy brings many benefits on long-term, both for the enterprises and for the whole society in the process of developing the smart grids. One of the continuing concerns of any leader at any level must be the energy efficiency growth for all the users, individuals or legal entities. A good corporate leader supports a wider use of the renewable energy because thereby he promotes the care for the environment through the clean energy, the green economy idea in general, which will create him a positive image in the community and he will be considered a good representative of “corporate social responsibility”, by reducing the social ethical implications of strategies adopted.

Aim of the study. The more there will be more leaders who will promote the idea of production and use of alternative and renewable energy will be required also a greater involvement of the state in the use of the economic policy instruments in order to increase the investments in the infrastructure, to encourage the innovations in this field and to establish the regulations guiding of the specific markets mechanisms and the responsibilities and roles of each economic subject.
Keywords: renewable energy, energy efficiency, wind energy, solar energy, hydropower, energy potential, energy consumption
JEL Classification: D21, D24, L26, L94, M11, M14, Q42, Q47

2014

Issues of geothermal and biomass energy efficiency in agriculture, industry, transports and domestic consumption

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Introduction. Increasing energy efficiency should be a concern for both the firm managers and any leader at any level, given that energy efficiency significantly reduce production costs. An important aspect of this is the use of renewable energy sources, in different types of activities, depending on the possibilities to produce it on favorable terms, to supply at relatively low costs and to efficiently consume it both in the producing units and the households. A skilful and powerful leader will seek and support, through its influence, all the means that determine the reduction of the production costs and obtain a profit as high as possible.

Aim of the study. This paper aims to highlight that a wider use of renewable energy promotes concern for the environment through clean energy, for reducing pollution and for facilitate, in some cases, even the increase of the production with the same costs or lower costs. In agriculture, industry, transports and household consumption, a high importance presents the geothermal energy and the biomass as source of energy.
Keywords: energy efficiency, geothermal energy, biomass, bio-fuel, energy production, energy, biological agriculture
JEL Classification: D21, D24, L26, L94, M11, M14, Q42, Q47

2015

The Dynamics of Romanian SM Es within the European Context

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Introduction. On a long term Romania’s economic and social development potential looks quite promising thanks to the potential that SMEs pose and that must be encouraged and stimulated to capitalize current and potential business opportunities.

Aim of the study. The present paper gives an overview of Romanian SMEs within the European context, while analysing the number and proportion of firms and their employees, as well as the added value that the SMEs sector brings to economy. Similarly, the present paper analyses demographic evolution of SMEs and their density, regarded as a strategic indicator that reflects, from a quantitative perspective, the development stage of SMEs in Romania and in relation to the EU. The last section of the paper illustrates various aspects regarding the position that Romania occupies in the EC as to the implementation of the Small Business Act for Europe.
Keywords: SMEs, number of employees, added value, demographic evolution, density of SMEs, SBA for Europe.
JEL Classification: L25, L26, M10, M21, O10.

2016

SMEs Development in Contemporary Economy

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Introduction. Currently, the small and medium enterprises sector is a factor of sustainable development, with a significant contribution to GDP creation and providing jobs in most economies. Economic strategies and policies in the European Union, USA and Japan lay major emphasis on encouraging entrepreneurship and the development of the small and medium enterprises sector as a balancing factor at micro- and macroeconomic level.

Aim of the study. The paper approaches important issues on the small and medium enterprises sector as a vector of economic development in the contemporary period. It presents the SMEs delimitation criteria in the microeconomic landscape used in the European Union, USA and Japan. It also highlights the preoccupations manifested at European and world level in terms of promoting entrepreneurship activities, materialized in organizing summits and major events dedicated to small and medium enterprises, as well as in the operationalization of funding programs for them. The last part of this paper reflects issues related to the support SMEs receive at institutional level, emphasizing areas of assistance, support programs and services that various institutions and bodies offer to develop the small and medium sector.
Keywords: SMEs, defining criteria, financial support, institutional support, programs, areas of assistance.
JEL Classification: L25, L26, M10, M21, O10.

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