Innovation in Romanian SMEs and Its Impact on Performance

Author

Ovidiu, Nicolescu ; Ciprian, Nicolescu ; Ion, Popa ; Sebastian, Ceptureanu ; Cosmin, Dobrin ; Eduard, Ceptureanu

Author_Institution

Manage. Fac., Acad. of Economic Studies, Bucharest, Romania

fYear

2009

fDate

17-20 April 2009

Firstpage

336

Lastpage

339

Abstract

Romania, a New Member state of European Union, has undertaken a complex process to adapt to new conditions and requirements of European market, especially the growing competition of foreign products and services once the commercial barriers had fallen. Romanian SMEs are the one of the most affected area. In order to create a general perspective on small and medium enterprises in Romania, apprehension of the innovative activities developed within these institutions has an essential role. The undertaken research revealed that innovative efforts within SMEs were especially focused on new products, new technologies, new managerial and marketing approaches, renewing the informational system and human resources training.

Keywords

human resource management; industrial training; information systems; innovation management; small-to-medium enterprises; European Union; European market; Romanian SME; foreign product; foreign service; human resources training; informational system; innovation; managerial approach; marketing approach; new product; new technology; small and medium enterprise; Companies; Human resource management; Information analysis; Innovation management; Investments; Management training; Marketing management; Project management; Technological innovation; Technology management; Romanian SMEs; entrepreneurship; innovation; performance;

fLanguage

English

Publisher

ieee

Conference_Titel

Computer Science and Information Technology - Spring Conference, 2009. IACSITSC '09. International Association of

Conference_Location

Singapore

Print_ISBN

978-0-7695-3653-8

Type

conf

DOI

10.1109/IACSIT-SC.2009.134

Filename

5169369