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The Perceptions Of Romanian Young Entrepreneurs Regarding The Challenges Of An Innovative Business Environment

Listed author(s):
  • Lavinia DOVLEAC

    (Transilvania University of Brasov)

  • Marius BALASESCU

    (Transilvania University of Brasov)

  • Simona BALASESCU

    (Transilvania University of Brasov)

Registered author(s):

    This paper aims the investigation of the relationship between entrepreneurial phenomenon among young people in Romania and the business environment, strongly marked by innovation and new technologies, as pillars of sustainable development in the knowledge-based society. For achieving the paper’s goal there are used the results of a qualitative research based on in-depth interview which aim to identify the views and experiences of young entrepreneurs on the advantages and disadvantages of starting an innovative business in Romania. Data analysis allowed the formulation of some recommendations to state institutions, business environment and the academic community to support young entrepreneurs in developing their business right after the launch. Access to new funding sources, guidance and informational support are the principal needs for entrepreneurs in their struggle to develop innovative sustainable businesses. The strong promotion of young entrepreneurs inside their community or at national level contributes to the development of a strong entrepreneurial culture for Romania.

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    File URL: http://www.mnmk.ro/documents/2015_X1/7-9-1-15.pdf
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    Article provided by University of Craiova, Faculty of Economics and Business Administration in its journal Management and Marketing Journal.

    Volume (Year): XIII (2015)
    Issue (Month): 1 (May)
    Pages: 78-91

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    Handle: RePEc:aio:manmar:v:xiii:y:2015:i:1:p:78-91
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    1. Baron, Robert A., 1998. "Cognitive mechanisms in entrepreneurship: why and when enterpreneurs think differently than other people," Journal of Business Venturing, Elsevier, vol. 13(4), pages 275-294, July.
    2. Galindo, Miguel-Ángel & Méndez, María Teresa, 2014. "Entrepreneurship, economic growth, and innovation: Are feedback effects at work?," Journal of Business Research, Elsevier, vol. 67(5), pages 825-829.
    3. Nadim Ahmad & Richard G. Seymour, 2008. "Defining Entrepreneurial Activity: Definitions Supporting Frameworks for Data Collection," OECD Statistics Working Papers 2008/1, OECD Publishing.
    4. Soriano, Domingo Ribeiro & Huarng, Kun-Huang, 2013. "Innovation and entrepreneurship in knowledge industries," Journal of Business Research, Elsevier, vol. 66(10), pages 1964-1969.
    5. Landström, Hans & Harirchi, Gouya & Åström, Fredrik, 2012. "Entrepreneurship: Exploring the knowledge base," Research Policy, Elsevier, vol. 41(7), pages 1154-1181.
    6. Audretsch, David B. & Keilbach, Max C. & Lehmann, Erik E., 2006. "Entrepreneurship and Economic Growth," OUP Catalogue, Oxford University Press, number 9780195183511.
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