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Arrangements In Favor Of Increasing The Entrepreneurial Capacities In The Central Region

Author

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  • Ionela Gavrila-Paven

    (1 Decembrie 1918 University of Alba Iulia)

  • Malina Cordos

    (1 Decembrie 1918 University of Alba Iulia)

Abstract

Local entrepreneurial potential remains an untapped resource in the economy of Romania,firstly because of the deficient access to information for the majority of the population, and secondly thefear of daring action and taking some risks. Therefore the European Union, through its structuralinstruments, wishes to contribute to the development and promotion of entrepreneurial potential in allMember States, hence the suggestive slogan of the fund: "Invest into people."One of the positive effects of economic crisis that has affected and continues to affect a great deal of the EUMember States' economies is that some have been "cleansed" of inefficient, nonproductive companies,because they could not survive this period, alternatively strengthening the companies that focus on laborproductivity growth, quality products and services, including maintaining a relationship based on trust withtheir primary customers. Thus, after this 'cleaning', due to the needs of today, a number of uncoveredactivity sectors remained and new ones have emerged.

Suggested Citation

  • Ionela Gavrila-Paven & Malina Cordos, 2010. "Arrangements In Favor Of Increasing The Entrepreneurial Capacities In The Central Region," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 2(12), pages 1-4.
  • Handle: RePEc:alu:journl:v:2:y:2010:i:12:p:4
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    Keywords

    entrepreneurial potential; sustainable development; uncovered activity sectors.;

    JEL classification:

    • E00 - Macroeconomics and Monetary Economics - - General - - - General

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