KNWOLEDGE RELATED ACTIVITIES IN ROMANIAN SMES

            Ovidiu Nicolescu, The Bucharest Academy of Economic Studies
          Sebastian Ceptureanu, The Bucharest Academy of Economic Studies
           Eduard Ceptureanu, The Bucharest Academy of Economic Studies


ABSTRACT: Knowledge is seen in our day as the main driving force behind productivity,
performance and economic growth, shifting the focus to information, technology and
learning and their role in economic performance. The growing codification of knowledge
and its transmission through communications and computer networks are shaping an
‘information society’. Considering the evolution towards the knowledge based economy
and the role of SMEs in Romanian economy and adding the fact that Romania is a New
Member state of European Union, it is imperative for decision makers to determine the
current situation of several key activities regarding SMEs beaconing a possible shift in
entrepreneurs priorities.

Key words: knowledge, innovation, IT&C, SMEs

JEL codes: D8, L2, M1