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From Business Ideas To Successful Entrepreneurship

Author

Listed:
  • Mihaela DIACONU

    () (Faculty of Economics and Law, University of Pitesti, Romania)

  • Nicoleta BARAITARU

    () (Faculty of Economics and Law, University of Pitesti, Romania)

Abstract

Under the current market conditions, business success is the vector that ensures sustainability and obtaining value for business stakeholders. In the field of entrepreneurship, the road to success, the experiences, knowledge and skills acquired by the entrepreneur are stimulating factors of the entrepreneurial spirit.The paper highlights the importance of benchmarking in the analysis of business success in order to identify business models in the online space that can be transformed into successful businesses. Starting from the comparative analysis of two giants in the field of online business, namely Amazon and Ebay, the authors concentrated the success factors identified for the two companies in a new business model for the online sales market.

Suggested Citation

  • Mihaela DIACONU & Nicoleta BARAITARU, 2019. "From Business Ideas To Successful Entrepreneurship," Scientific Bulletin - Economic Sciences, University of Pitesti, vol. 18(2), pages 10-16.
  • Handle: RePEc:pts:journl:y:2019:i:2:p:10-16
    as

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    References listed on IDEAS

    as
    1. Roy Thurik & Isabel Grilo, 2005. "Latent and actual entrepreneurship in Europe and the US: some recent developments," Papers on Entrepreneurship, Growth and Public Policy 2005-24, Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group.
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    3. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Business ideas; Entrepreneurship; Online business; Sustainable development.;
    All these keywords.

    JEL classification:

    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
    • D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis

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