Procedia Economics and Finance 16 (2014) 512 †520 2212-5671  2014 The Authors.
513 Nelu Eugen Popescu/Procedia Economics and Finance 16 (2014) 512 †520 The starting point for most theories of innovation is the firm (Audretsch & Thurik, 2001.
514 Nelu Eugen Popescu/Procedia Economics and Finance 16 (2014) 512 †520 3. Innovation and ICT use in Romanian SMES (some facts and figures
515 Nelu Eugen Popescu/Procedia Economics and Finance 16 (2014) 512 †520 enterprises allocated between 6 and 10%to innovation.
516 Nelu Eugen Popescu/Procedia Economics and Finance 16 (2014) 512 †520 performances, especially during the last years of economic downturn.
517 Nelu Eugen Popescu/Procedia Economics and Finance 16 (2014) 512 †520 Figure 4:
518 Nelu Eugen Popescu/Procedia Economics and Finance 16 (2014) 512 †520 Figure 5:
519 Nelu Eugen Popescu/Procedia Economics and Finance 16 (2014) 512 †520 SMES have recognised gradually the advantages that the use of IT can have over their activities.
520 Nelu Eugen Popescu/Procedia Economics and Finance 16 (2014) 512 †520 References Acs, Z,
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