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IMPORTANCE OF SMALL AND MEDIUM-SIZED ENTERPRISES IN ROMANIAN ECONOMY

MADALINA, BALANESCU - In: Annals - Economy Series 4 (2013) August, pp. 205-212

The market economy has reduced the number of large enterprises and has determinated the emergence of a special class like small and medium-sized enterprises. Those companies play a special role in the national economy, especially through the fact that attract about 65% of employees in Romania,...

Persistent link: https://www.econbiz.de/10010709798

Supply and Demand Side Assessment of Impact Investment within the Caribbean

Inter-American Development Bank; International …; … - 2011

Impact Investing is a relatively new phenomenon, gaining attention within the last few years. While the multilateral development banks have been investing for many years with the expectation of a development impact, it is only recently that private investors have begun to be attracted to the...

Persistent link: https://www.econbiz.de/10010711634

Laments of the Caribbean Businessperson are Based on Facts?

Ruprah, Inder J.; Sierra, Ricardo - Inter-American Development Bank - 2013

In this policy brief, we review the laments of Caribbean businesspersons. We find that subjective perceptions are rooted in an objective reality. Businesspersons do not complain gratuitously. Furthermore, we find that constraints vary systematically by firm characteristics: In general, small...

Persistent link: https://www.econbiz.de/10010711637

Science, Technology and Development: Emerging concepts and visions

Soete, Luc - United Nations University-Maastricht Economic Research … - 2008

This paper analyzes the impact of globalization on the allocation of public and private resources for research, knowledge creation and diffusion. We argue that while the concentration of research investments remains in a relatively small number of rich countries and regions, the focus of such...

Persistent link: https://www.econbiz.de/10010712149

Institutions, Foreign Direct Investment, and Domestic Investment: crowding out or crowding in?

Farla, Kristine; de Crombrugghe, Denis; Verspagen, Bart - United Nations University-Maastricht Economic Research … - 2013

Studies of the relationship between FDI and domestic investment levels reach contradictory findings. We revisit this … conclude that FDI inflows contribute positively to domestic investment levels. We also find weak evidence that `good governance …', proxied with using the Worldwide Governance Indicators (and two rent seeking indicators we built), encourages investment …

Persistent link: https://www.econbiz.de/10010712201

The R&D activity of multinational enterprises in peripheral economies: evidence from the EU new member states

Narula, Rajneesh; Guimon, Jose - United Nations University-Maastricht Economic Research … - 2010

This paper explores the impact of MNEs on innovation systems and the policy options available for peripheral economies to attract and embed the R&D activities of MNEs. After developing the conceptual and policy framework, we discuss the case of the new member states from Central and Eastern...

Persistent link: https://www.econbiz.de/10010712202

Inactions and Spikes of Investment in Ethiopian Manufacturing Firms: Empirical Evidence on Irreversibility and Non-convexities

Gebreeyesus, Mulu - United Nations University-Maastricht Economic Research … - 2009

investment decision based on 1996-2002 firm level data from the Ethiopian manufacturing. It relies on a rich census based panel … data set that gives the advantage of disaggregating investment into different types of fixed assets. We document evidence … of a large percentage of inaction intermitted with lumpy investment, which is consistent with irreversibility and fixed …

Persistent link: https://www.econbiz.de/10010712217

Learning, Product Innovation and Firm Heterogeneity in Tanzania

Goedhuys, Micheline - United Nations University-Maastricht Economic Research … - 2005

, this paper sheds light on the various sources of firm learning, investment and collaboration and their relative importance …

Persistent link: https://www.econbiz.de/10010712375

Financial Markets and Technological Change: Patterns of Technological and Financial Decisions by Manufacturing Firms in Southern Europe

Bartzokas, Anthony - United Nations University-Maastricht Economic Research … - 2001

In this paper we suggest that technological acquisition and innovation by firms involve new investment, and thus … investment decisions and in the long run on the profitability of these projects. In consequence, as the structure and behaviour … of the capital market strongly affects investment decisions, it will also affect technological development. …

Persistent link: https://www.econbiz.de/10010712424

Optimal Hedging Strategies and Interactions between Firms

Loss, Frédéric - Université Paris-Dauphine (Paris IX) - 2012

' hedging demands decrease with the correlation between their internal funds and investment opportunities. Moreover, when a firm …

Persistent link: https://www.econbiz.de/10010712476