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A Barometer Of Entrepreneurial Dynamics Above The Crisis

Author

Listed:
  • Irina M. DRAGAN

    (Academy of Economic Studies, Bucharest, Romania)

  • Alexandru ISAIC-MANIU

    (Academy of Economic Studies, Bucharest, Romania)

Abstract

In this paper, the analysis is performed for Romania where, after 50 years of communism, the free market economy, based on the free initiative of entrepreneurship, has been returned. The implementation of a scientific management generating performances that can lead the sector of SMEs to the requests of the Lisbon Strategy, cannot be completed without the existence of welltrained entrepreneurs, capable to improve their skills in modern management, thus leading to competitive results in a highly competitive market. Therefore, we consider in our paper some relevant indicators such: the evolution of new founded enterprises, the entrepreneur’s socio-professional profile, the entrepreneur’s level of education and new enterprise foundation rate. The analysis performed by this research allows us to formulate, synthetically, strengths and weaknesses in the entrepreneurial evolution for the period 1995-2011. Also, this study reveals the dependency between the economic growth, measured by GDP, and the rate of newly founded enterprises. The dynamic of new companies provides information both on the crisis ending and the resumption of economic growth.

Suggested Citation

  • Irina M. DRAGAN & Alexandru ISAIC-MANIU, 2013. "A Barometer Of Entrepreneurial Dynamics Above The Crisis," Romanian Statistical Review, Romanian Statistical Review, vol. 61(7), pages 53-64, August.
  • Handle: RePEc:rsr:journl:v:61:y:2013:i:7:p:53-64
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    References listed on IDEAS

    as
    1. Bera, Anil K. & Jarque, Carlos M., 1981. "Efficient tests for normality, homoscedasticity and serial independence of regression residuals : Monte Carlo Evidence," Economics Letters, Elsevier, vol. 7(4), pages 313-318.
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    Cited by:

    1. Dumitru-Iulian NASTAC & Alexandru ISAIC-MANIU & Irina-Maria DRAGAN, 2017. "Analyzing the Profitability Performance of SMEs Using a Neural Model," ECONOMIC COMPUTATION AND ECONOMIC CYBERNETICS STUDIES AND RESEARCH, Faculty of Economic Cybernetics, Statistics and Informatics, vol. 51(4), pages 55-71.

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