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The Development of Romanian Entrepreneurship – A Possible Solution to Attenuate the Crisis Effects and to Resume Economic Growth

Author

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  • Madalina Cristina Tocan

    ()

  • Oana Chindris-Vasioiu

    ()

Abstract

Entrepreneurship has started to receive attention together with the problems brought by the global financial and economic crisis and tends to be associated with economic development and well-being of society. The objective of this paper is to conduct an analysis of the Romanian entrepreneuria ecosystem and the factors that have the power to stimulate it, thus allowing the design of effective policies for the development of Romanian entrepreneurship. Development of the present paper has been carried out through the analysis of the Romanian entrepreneurial ecosystem in using data supplied by the Global Entrepreneurship Monitor 2013 and European Commission. Contrary to general opinion, entrepreneurship is appreciated in Romanian society and Romania is among the first European countries when it comes to the way entrepreneurship is regarded in society.

Suggested Citation

  • Madalina Cristina Tocan & Oana Chindris-Vasioiu, 2014. "The Development of Romanian Entrepreneurship – A Possible Solution to Attenuate the Crisis Effects and to Resume Economic Growth," Knowledge Horizons - Economics, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 6(2), pages 160-165, June.
  • Handle: RePEc:khe:journl:v:6:y:2014:i:2:p:160-165
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    More about this item

    Keywords

    Entrepreneur; entrepreneurship; economic growth; economic development; analyses;

    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • M19 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Other

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