Journal of Knowledge Management, Economics and Information Technology

The paper focuses on possibilities of business in providing financing resources during their business cycle. Businesses face a number of difficulties in case of providing financing resources especially for external financing source.
With the purpose of identifying these difficulties, a survey was realized with businesses in the Municipality of Peja, respectively with owners or their managers. Research results derived that businesses in the Municipality of Peja have limited possibilities on providing financing resources and as an alternative option for most of them are family loans, remittances, commercial loans and other alternatives to secure survival, increasing and maintaining the life of their business.
Creation of better business climate and government support on favor of businesses through tax facilitating, grants and other support forms in a way to influence the development of businesses and the economy in general are needed.

  Financing Sources of Firms - A Special View of the Municipality of Peja (632.2 KiB, 1,692 hits)

In today’s context, marked by globalization and increasingly wide recognition of interdependencies, competitiveness has become an essential condition for market success. Starting from these considerations, the authors of the present paper intend to forward a research survey related to the impact of the influential factors of economic competitiveness on the firms operating in Romania’s West Region, research using a direct study method to grasp the firm managers’ perceptions regarding competitiveness factors of influence. The paper ends by presenting several proposals regarding the identification of measures for the economic competitiveness growth, both micro- and macro- economic. Consequently the paper approaches a subject of current interest, which stirs the preoccupation of specialists, governments, mass media and, last but not least, the interest of entrepreneurs, irrespective of their domain of activity.

  Impact of the Influential Factors of Economic Competitiveness upon Romania’s West Region Firms (705.5 KiB, 2,134 hits)