The development of small and medium innovative firms
| Authors | |
|---|---|
| Year of publication | 2002 |
| Type | Article in Proceedings |
| Conference | Second joint internatioanl symposium transition countries joining European Union |
| MU Faculty or unit | |
| Citation | |
| Field | Economy |
| Keywords | Virtualisation; globalisation; high-tech; high-innovation; business; consumers |
| Description | Small and Medium Enterprises (SME) create a healthful business setting and improve market dynamics; they are able to absorb a major part of the workforce released by big companies. They are the elements of stabilization in the economic system. The market setting defines (to a great extent) a demand for SME products and services (the markets require the innovations), thats how they facilitate or complicate the access of innovative SME s into the market. |
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