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Measures of the Impact of Entrepreneurship on Economic Development in Romania

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  • Nelu-Eugen POPESCU

    (Lucian Blaga University of Sibiu, Romania)

Abstract

Entrepreneurship has attracted the attention of many scholars in the last years due to its importance in the economy. Entrepreneurship is considered by many an important factor that could have a positive influence over the economic growth. Despite the recognition of the role of the entrepreneurship there is no general agreement of how entrepreneurship impacts the economy or a specific industry. The aim of this article is to provide some information about entrepreneurship, ways of measuring entrepreneurship, most common metrics used and the impact over the Romanian economy. To underline the relationship between these concepts some analysis were conducted in order to determine if they are correlated.

Suggested Citation

  • Nelu-Eugen POPESCU, 2017. "Measures of the Impact of Entrepreneurship on Economic Development in Romania," Expert Journal of Economics, Sprint Investify, vol. 5(3), pages 81-87.
  • Handle: RePEc:exp:econcs:v:5:y:2017:i:3:p:81-87
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    References listed on IDEAS

    as
    1. Parker,Simon C., 2009. "The Economics of Entrepreneurship," Cambridge Books, Cambridge University Press, number 9780521728355, March.
    2. André Stel, 2006. "Empirical Analysis of Entrepreneurship and Economic Growth," International Studies in Entrepreneurship, Springer, number 978-0-387-29419-3, November.
    3. David B. Audretsch (ed.), 2006. "Entrepreneurship, Innovation and Economic Growth," Books, Edward Elgar Publishing, number 4130.
    4. Audretsch, David B. & Keilbach, Max C. & Lehmann, Erik E., 2006. "Entrepreneurship and Economic Growth," OUP Catalogue, Oxford University Press, number 9780195183511.
    5. Bosma, Niels, 2013. "The Global Entrepreneurship Monitor (GEM) and Its Impact on Entrepreneurship Research," Foundations and Trends(R) in Entrepreneurship, now publishers, vol. 9(2), pages 143-248, February.
    6. Wennekers, Sander & Thurik, Roy, 1999. "Linking Entrepreneurship and Economic Growth," Small Business Economics, Springer, vol. 13(1), pages 27-55, August.
    7. Council on Food Agricultural and Resource Economics, C-FARE, 2016. "2015 Annual Report," C-FARE Reports 260839, Council on Food, Agricultural, and Resource Economics (C-FARE).
    8. Parker,Simon C., 2009. "The Economics of Entrepreneurship," Cambridge Books, Cambridge University Press, number 9780521899604, March.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    entrepreneurship; economic development; total entrepreneurial activity;
    All these keywords.

    JEL classification:

    • G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)
    • D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity

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