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. Structural Change and Economic Dynamics, 6: 23-42. Roper, S. and Hewitt-Dundas, N. (2015). Knowledge stocks, knowledge flows and innovation: Evidence from matched patents and innovation panel data. Research Policy, 44(7): 1327-1340, https://doi.org/10.1016/j.respol.2015.03.003 Rugman, A.M. and Verbeke, A. (1993). Foreign Subsidiaries and Multinational Strategic Management: An Extension and Correction of Porter’s Single Diamond Framework. MIR: Management International Review, 33: 71-84. Rumelt, R.P. (1997). Towards a Strategic Theory of a Firm. In: N.J. Foss (ed

.5897/AJBM12.010 . Uko, J.P. and Ayatse, F.A. (2014). Market penetration as a growth strategy for Small and medium enterprises in Nigeria. Management and Administrative Sciences Review , 3 (1), 8–23. Veseli, N., Aziri, B. and Veseli, T. (2012). Are marketing strategies implemented by SMEs in the republic of Marcedonia? The Romanian Economic Journal , 15 (46), 137–152. Vorhies, D.W., Morgan, R.E. and Autry, C.W. (2009). Product-market strategy and the marketing capabilities of the firm: Impact on market effectiveness and cash flow performance. Strategic Management

. Journal of Finance, 43(3), pp. 541-566. Senarathne C.W., 2019a, The leverage effect and information flow interpretation for speculative bitcoin prices: Bitcoin volume vs ARCH effect , European Journal of Economic Studies, 8(1), pp. 77-84. Senarathne C.W., 2019b, The information flow interpretation of margin debt value data: Evidence from the New York Stock Exchange, Applied Economics Journal, 26(1), pp. 31-46. Senarathne C.W., 2019c, The impact of internet information flow regarding ‘innovation’on common stock returns: Volume vs Google search querries , Management

Abstract

The transactions into the international trade of services, today, represent a major component of the international flows of values. This work aims a brief analyze of the Foreign Direct Investments flows’ evolution of the Romanian services economy in terms of volume (as value) and dynamics during the post-crisis years that highlight the Romanian modern economy participation within the global and European production networks level” after 2013 year.

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