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The Competitiveness Pillar Of The Sustainable Development Of The Business Environment

Author

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  • Otilia MANTA

    (Athenaeum University, Bucharest, Romania)

Abstract

Following the phenomenon of globalization, the business environment is subject to current challenges, challenges in which competitiveness is the determining element of the sustainability and profitability of any business. The purpose of this paper is to acquire the concept of competitiveness at national business level, as well as the approach to competitiveness at European Union and international level. The existence of a stable macroeconomic and financial framework is a precondition for creating a favorable ground for affirming the competitive potential of the business environment. Therefore, in this paper we aim not only to mention the concepts, the tendencies of competitiveness at national and international level, but especially a detail of the competitiveness indicators, as well as the principles that govern the competitiveness, the pillar of development and sustainability of the business environment.

Suggested Citation

  • Otilia MANTA, 2019. "The Competitiveness Pillar Of The Sustainable Development Of The Business Environment," Internal Auditing & Risk Management, Athenaeum University of Bucharest, vol. 55(3), pages 50-75, September.
    • Handle: RePEc:ath:journl:v:55:y:2019:i:3:p:50-75
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    References listed on IDEAS

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    1. Fagerberg, Jan, 1996. "Technology and Competitiveness," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 12(3), pages 39-51, Autumn.
    2. Valentin COJANU & Dragos PÎSLARU, 2012. "How Important Are Agglomeration Economies: A Case Study Of Romanian Industrial Clusters," Review of Economic and Business Studies, Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, issue 9, pages 35-58, June.
    3. Jan Fagerberg & Mark Knell & Martin Srholec, 2004. "The Competitiveness of Nations: Economic Growth in the ECE Region," Working Papers on Innovation Studies 20040223, Centre for Technology, Innovation and Culture, University of Oslo.
    4. World Commission on Environment and Development,, 1987. "Our Common Future," OUP Catalogue, Oxford University Press, number 9780192820808.
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    Keywords

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    JEL classification:

    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance

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