Small and Medium-Sized Enterprises in Turbulent Times: Revisiting the Concept and Prospecting Its Developments
Jul 03, 2024
About this article
Published Online: Jul 03, 2024
Page range: 1971 - 1978
DOI: https://doi.org/10.2478/picbe-2024-0166
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© 2024 Matei-Ștefan Nedef et al., published by Sciendo
This work is licensed under the Creative Commons Attribution 4.0 International License.
Small and Medium-sized Enterprises (SMEs) have gradually emerged as a benchmark in the national, European and global economy and have undeniably assumed a crucial role as key actors in the spectrum of corporate and organizational ecosystem. The prosperity of the SMEs sector is an integral part of a country's economic success. The ability of SMEs to successfully navigate the complexity of the current business landscape is mainly grounded in three interconnected pillars forming a comprehensive framework for their development and growth, respectively competitiveness, resilience and sustainability.