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Considerations Regarding Improving Business Competiveness From An Entrepreneurial Perspective

Author

Listed:
  • Manoela Popescu

    () (Dimitrie Cantemir Christian University)

  • Luminita Cecilia Crenicean

    () (Dimitrie Cantemir Christian University)

Abstract

Known is that the competitiveness of firms in the era of globalization is possible by developing an entrepreneurial culture, which prevail innovation, creativity and knowledge accumulation. Moreover, global entrepreneurship studies conducted by GEM (Global Entrepreneurship Monitor) and other studies and research in recent years for assessing entrepreneurial phenomenon shows its importance in growth and business competitiveness. But entrepreneurship resources triggers synergy individuals, communities, economic actants, communities, areas and national entities. Ability to recognize and exploit opportunities, regardless of resources available to individual and environment of occurrence, plus the flexibility, creativity, innovation, will, courage and determination generates new business development, innovation networks, the new products and services etc.

Suggested Citation

  • Manoela Popescu & Luminita Cecilia Crenicean, 2012. "Considerations Regarding Improving Business Competiveness From An Entrepreneurial Perspective," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 2(Special 1), pages 9-15, May.
  • Handle: RePEc:hur:ijaraf:v:2:y:2012:i:1special:p:9-15
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    References listed on IDEAS

    as
    1. Ibanez, Fernan, 1989. "Venture capital and entrepreneurial development," Policy Research Working Paper Series 53, The World Bank.
    2. Judit Karsai, 2009. ""The End of the Golden Age" - The Developments of the Venture Capital and Private Equity Industry in Central and Eastern Europe," IEHAS Discussion Papers 0901, Institute of Economics, Centre for Economic and Regional Studies, Hungarian Academy of Sciences.
    3. Judit Karsai, 2013. "Venture capital and private equity industry in Hungary," Acta Oeconomica, Akadémiai Kiadó, Hungary, vol. 63(1), pages 23-42, March.
    4. Kenney, Martin, 2000. "Note on "Venture Capital"," UCAIS Berkeley Roundtable on the International Economy, Working Paper Series qt44z1z1mc, UCAIS Berkeley Roundtable on the International Economy, UC Berkeley.
    5. Caselli, Stefano, 2009. "Private Equity and Venture Capital in Europe," Elsevier Monographs, Elsevier, edition 1, number 9780123750266.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Competitiveness; business; entrepreneurship; entrepreneurial culture;

    JEL classification:

    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance

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