The participation of small and medium-sized enterprises in the processing of GDP – Poland on the background of the European Union
Journal Title: Współczesna Gospodarka - Year 2015, Vol 6, Issue 1
Abstract
Small and medium-sized enterprises (SMEs) around the world play a key role in the growth and innovation in all sectors. The sustainable development of the SME sector is crucial for the development of the economy of each country. It is small and medium businesses create most of the jobs on the market, showing ingenuity and commitment, which often results in the development of new, advanced technology. In conclusion, companies of this segment of the economy also contribute to the development of the global market. SMES, however, are highly susceptible to the negative influence of the economic and political environment. The purpose of this article is to highlight the importance of the SME sector for the national economy as well as for the other Member States of the European Union.
Authors and Affiliations
Danuta Łapacz
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