Irrespective of their size, companies seem to be more efficient when they compete with one another, and more creative when they co-operate. 

The concept of life cycle stages has a significant impact upon business strategy and performance. 

Nowadays it becomes obvious that entrepreneurship and economic performance are closely linked. 

The measure of the economic value has become a widely debated issue because, nowadays, more and more companies are focusing on creating value for their shareholders.

In a globalizing world, defined by fierce, ever increasing competition, the relocation of services became not simply necessary, but vital for companies and imperative for further fostering their competitiveness.

The paper mainly aims at defining strategic industries, establishing selection criteria and pointing out opportunities for the implementation of policies specific to market economies for promoting these industries.