Supporting SMEs in creating jobs

• Main Author: Daniela PASNICU
• Format: Article
• Language: English
• Published: Editura Fundatiei Romania de Maine 2018-03-01
• Series: Journal of Economic Development, Environment and People
• Subjects: SMEs, employment, jobs, policies
• Online Access: http://ojs.spiruharet.ro/index.php/jedep/article/view/575

SMEs are the most dynamic sector of the economy, representing a key factor in employment growth. Although SMEs have been severely affected by the economic crisis from 2008, they continue to be a more and more important source of generating jobs, regardless of size class. Given the differentiated contribution of SMEs to job creation as a result of their heterogeneity, the article analyses the dynamics of staff in enterprises by size classes and activities of the national economy. The statistical analysis is followed by a SWOT analysis of policies and tools to support SMEs in creating jobs both with direct action - management, recruitment, training and indirectly action by addressing general business issues. Measures that support the economic growth of SMEs through internationalization, innovation and improved access to finance foster competitiveness and, implicitly, the creation of new jobs.