Definitions of Small and Medium Enterprise in Global Economics and the European Union – Some Theoretical and Practical Aspects Cover Image

Дефиниции за малки и средни предприятия в световната икономика и Европейския съюз – някои теоретични и практически аспекти
Definitions of Small and Medium Enterprise in Global Economics and the European Union – Some Theoretical and Practical Aspects

Author(s): Orlin Todorov
Subject(s): Economy
Published by: Институт за икономически изследвания при Българска академия на науките

Summary/Abstract: Examined are the main criteria which are used to define small and medium enterprises (SME) in different countries. They are subdivided into quantitative and qualitative. To the quantitative refer: number of employees, sales turnover, balance number, size of assets and market share. In the analysis of the main qualitative characteristics of small business a confirmation about them is sought in the works of researchers or studies of a broad time perimeter – from Schumpeter, Kondratieff ant the Bolton Committee to the contemporary research of the European Commission. Conclusions have been reached about common and specific peculiarities typical for the different definitions. Some conclusions have been made about the changes in the contemporary European common view on small and medium enterprises.

  • Issue Year: 2008
  • Issue No: 1
  • Page Range: 49-61
  • Page Count: 13
  • Language: Bulgarian