Small and medium enterprises (SMEs) play a vital role in economic development, they offer the most economical use of capital in relation to job creation and provide the strongest channel for development and innovation. Innovation is recognized as an essential component of the economic growth...

Small and medium enterprises (SMEs) play a vital role in economic development, they offer the most economical use of capital in relation to job creation and provide the strongest channel for development and innovation. Innovation is recognized as an essential component of the economic growth...

Romania joined the European Union- EU -in 2007, as an emerging economy and rural by excellence and this feature is keeping even in 2012. Difficulty in establishing investment priorities for rural development in Romania is caused by the large size and fragility of the rural area and the fact that...