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Regional Development Fueled by Entrepreneurial Ventures Providing KIBS – Case Study on Romania

Author

Listed:
  • Vasile Alecsandru Strat

    (Bucharest University of Economic Studies)

  • Adriana AnaMaria Davidescu

    (Bucharest University of Economic Studies)

  • Raluca Mariana Grosu

    (Bucharest University of Economic Studies)

  • Ion-Daniel Zgura

    (Bucharest University of Economic Studies)

Abstract

The main goal of the current research paper is to analyze the evolution of the knowledge intensive business services sector from Romania, for the period 2008-2014, from a territorial point of view and to assess its impact in the general economic development. Using a time series of Gini coefficients and other quantitative instruments, the paper provides clear evidences that, during the 2008-2014 period, the domain has increased its concentration, Bucharest and the 10 most attractive counties being responsible for over 88% from the field’s activity at national level, in 2014. Another important fact is that Bucharest which is responsible for almost 66% of the field’s activity, in 2008, is diminishing constantly its importance during the analyzed period. Using panel regression, the presented research brings clear evidence that the main characteristics of the field (KIBS sector): number of companies, total turnover and number of employees can be used, as independent variables, in econometric models designed to estimate the size of the economy of the Romanian counties.

Suggested Citation

  • Vasile Alecsandru Strat & Adriana AnaMaria Davidescu & Raluca Mariana Grosu & Ion-Daniel Zgura, 2016. "Regional Development Fueled by Entrepreneurial Ventures Providing KIBS – Case Study on Romania," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 18(41), pages 1-55, February.
    • Handle: RePEc:aes:amfeco:v:41:y:2016:i:18:p:55
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    References listed on IDEAS

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    Cited by:

    1. Daniel BADULESCU & Ramona SIMUT & Anamaria Diana HERTE, 2018. "Linking Kibs, Entrepreneurial Dynamics And Macroeconomic Developments. Focus On Romania," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 12(1), pages 202-212, November.
    2. Torres-Tellez, Jonathan & Montero Soler, Alberto, 2021. "El precio de la vivienda en España tras el inicio de la crisis económica: un análisis empírico || Housing prices in Spain after the beginning of the financial crisis: An empirical analysis," Revista de Métodos Cuantitativos para la Economía y la Empresa = Journal of Quantitative Methods for Economics and Business Administration, Universidad Pablo de Olavide, Department of Quantitative Methods for Economics and Business Administration, vol. 32(1), pages 376-391, December.

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    More about this item

    Keywords

    knowledge intensive business services (KIBS sector); regional disparities; panel regression; sustainable development;
    All these keywords.

    JEL classification:

    • L84 - Industrial Organization - - Industry Studies: Services - - - Personal, Professional, and Business Services
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • P48 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies

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