Comparative Study of European and national Programmes Regarding Innovative Capacity of Small and Medium Enterprises

Prof. Constantin ANGHELACHE, PhD
Bucharest University of Economic Studies, „ARTIFEX” University of Bucharest
Prof. Vergil VOINEAGU, PhD
Bucharest University of Economic Studies
Prof. Alexandru MANOLE PhD.
„ARTIFEX” University of Bucharest
Diana Valentina SOARE PhD
Bucharest University of Economic Studies

Abstract

The European market is one of the largest at global level, but still laks competitivity in an comparative analysis with other global economies like US and some Asian ones. Innovation is now the key word that drags after it the growing competitivity of the companies and therefore of its economical environment. Result of research and development activities innovation can bring exponential economical growth on a more global and digitalysed market. But growth innovation is also associated with risk failure, therefore the risk finance realm needs to specialised itself in all its forms of intevention as it is the case for public grants for RDI.

Key words: research development and investments, financial analysis, operational programmes, european grants, innovative capacity

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Sumar RRSS 6/2016