Considerations about the role of SMEs in the economic dynamic of the 5th West Development Region in Romania
Economy ; Enterprise ; Regional development ; Romania ; Small and medium sized enterprises
Between the eight development regions in Romania, the 5th West Region is one of the most dynamic concerning the establishment and development of small and medium enterprises (SMEs). The favourable business climate, the economical potential
of the territory, the advantageous geographical position in the western part of Romania, the entrepreneurial culture, and the spirit of the population in this part of the country are some factors that contributed to the strong development of the SMEs sector