The Absorption of European Funds Premise of Romanian Business Environment Development
The main objectives of this paper is to emphasize the important role played by Structural andCohesion Funds for business environment development, especially in times of economic downturn when thefinancial resources are difficult to access. Prior work regarding the promotion of good administration of...
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| Format: | Article |
| Language: | English |
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Danubius University
2011-05-01
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| Series: | EIRP Proceedings |
| Subjects: | |
| Online Access: | http://www.proceedings.univ-danubius.ro/index.php/eirp/article/view/784/711 |
| _version_ | 1828498188469796864 |
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| author | Gabriela Marchis |
| author_facet | Gabriela Marchis |
| author_sort | Gabriela Marchis |
| collection | DOAJ |
| description | The main objectives of this paper is to emphasize the important role played by Structural andCohesion Funds for business environment development, especially in times of economic downturn when thefinancial resources are difficult to access. Prior work regarding the promotion of good administration ofstructural funds in new member states was carried out by NGOs. The main methods employed for capturingthe research evidence consists in comparative analysis of the related work, and also in studying the capacityof absorption of European funds in the case Romania, especially from the SMEs perspective. The mainresults show that European Funds absorption is delayed and negatively influenced by a series of factors. Theimportance of European financial assistance through Structural and Cohesion Funds is undeniable, especiallyin times of financial crisis, so implications of this study are important to entrepreneurs, especially for SMEsbut also to policy-makers, because they can design the procedures of accessing this funds in order to easy thisprocess. The value of this paper ensues from the original approach of contradictory role played by Europeanfunds for Romanian business environment, because it represents the mirage of overcoming economic crisis. |
| first_indexed | 2024-12-11T13:02:30Z |
| format | Article |
| id | doaj.art-033e399e5b314980aa77547c9391c4b1 |
| institution | Directory Open Access Journal |
| issn | 2067-9211 2069-9344 |
| language | English |
| last_indexed | 2024-12-11T13:02:30Z |
| publishDate | 2011-05-01 |
| publisher | Danubius University |
| record_format | Article |
| series | EIRP Proceedings |
| spelling | doaj.art-033e399e5b314980aa77547c9391c4b12022-12-22T01:06:25ZengDanubius UniversityEIRP Proceedings2067-92112069-93442011-05-0161445450The Absorption of European Funds Premise of Romanian Business Environment DevelopmentGabriela MarchisThe main objectives of this paper is to emphasize the important role played by Structural andCohesion Funds for business environment development, especially in times of economic downturn when thefinancial resources are difficult to access. Prior work regarding the promotion of good administration ofstructural funds in new member states was carried out by NGOs. The main methods employed for capturingthe research evidence consists in comparative analysis of the related work, and also in studying the capacityof absorption of European funds in the case Romania, especially from the SMEs perspective. The mainresults show that European Funds absorption is delayed and negatively influenced by a series of factors. Theimportance of European financial assistance through Structural and Cohesion Funds is undeniable, especiallyin times of financial crisis, so implications of this study are important to entrepreneurs, especially for SMEsbut also to policy-makers, because they can design the procedures of accessing this funds in order to easy thisprocess. The value of this paper ensues from the original approach of contradictory role played by Europeanfunds for Romanian business environment, because it represents the mirage of overcoming economic crisis.http://www.proceedings.univ-danubius.ro/index.php/eirp/article/view/784/711SMEseconomic crisesEuropean financial assistancecohesion |
| spellingShingle | Gabriela Marchis The Absorption of European Funds Premise of Romanian Business Environment Development EIRP Proceedings SMEs economic crises European financial assistance cohesion |
| title | The Absorption of European Funds Premise of Romanian Business Environment Development |
| title_full | The Absorption of European Funds Premise of Romanian Business Environment Development |
| title_fullStr | The Absorption of European Funds Premise of Romanian Business Environment Development |
| title_full_unstemmed | The Absorption of European Funds Premise of Romanian Business Environment Development |
| title_short | The Absorption of European Funds Premise of Romanian Business Environment Development |
| title_sort | absorption of european funds premise of romanian business environment development |
| topic | SMEs economic crises European financial assistance cohesion |
| url | http://www.proceedings.univ-danubius.ro/index.php/eirp/article/view/784/711 |
| work_keys_str_mv | AT gabrielamarchis theabsorptionofeuropeanfundspremiseofromanianbusinessenvironmentdevelopment AT gabrielamarchis absorptionofeuropeanfundspremiseofromanianbusinessenvironmentdevelopment |