EMPIRICAL RESEARCH ON THE ECONOMIC EFFICIENCY OF TRADE AND TOURISM SMEs IN THE CITY OF BRASOV
EMPIRICAL RESEARCH ON THE ECONOMIC EFFICIENCY OF TRADE AND TOURISM SMEs IN THE CITY OF BRASOV

Summary/Abstract: This paper examines the economic efficiency of SMEs active in the field of trade and tourism. The paper draws on survey evidence from SMEs in Brasov city. The research has been conducted between April-May 2005 on a number of 133 SMEs. According to a statistical database, research has been limited to 114 trade SMEs and 19 tourism SMEs, which account for approximately 13% of the total number of SMEs in the two fields mentioned above, and which, additionally, have at least one employee. Managers from the chosen SMEs were required to fill in a semi-structured questionnaire, most of the questions being of closed type. Respondents have also been allowed to write their views on a number of open questions. The focus of the research has been put on the management of SMEs, including managerial behavior, success factors and barriers regarding the firm’s activity, as well as the competitive position of the firm. Some of the questions were particularly concerned about the efficiency and growth of the firm, as one of the major aims of the research is to enquire about the relationship between efficiency and growth in SMEs.

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