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Entrepreneurial Spirit And Innovation

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  • Sorin-George TOMA
  • Paul MARINESCU
  • Irina DOGARU

Abstract

The key role of the entrepreneurial spirit of individuals, teams, enterprises, cities, regions, and nations in building competitive economic systems and promoting economic growth has been widely acknowledged both in the academic world and the business world. More and more entrepreneurs are interested in becoming innovators as innovation leads to obtaining better business performances. The paper aims to emphasize the way the entrepreneurial spirit is nurtured by innovation in a highly competitive global business environment. In this respect, the British self-made billionaire and one of the best-known living inventor James Dyson constitutes a valuable example. The methodology is based on the use of a quantitative research method. The results of the paper show the importance of innovation in fostering the entrepreneurial spirit.

Suggested Citation

  • Sorin-George TOMA & Paul MARINESCU & Irina DOGARU, 2017. "Entrepreneurial Spirit And Innovation," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 11(1), pages 536-541, November.
    • Handle: RePEc:rom:mancon:v:11:y:2017:i:1:p:536-541
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    References listed on IDEAS

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    1. Nancy M. Levenburg & Thomas V. Schwarz, 2008. "Entrepreneurial Orientation among the Youth of India," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 17(1), pages 15-35, May.
    2. Rennings, Klaus, 2000. "Redefining innovation -- eco-innovation research and the contribution from ecological economics," Ecological Economics, Elsevier, vol. 32(2), pages 319-332, February.
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    Cited by:

    1. Denisa Elena Bălă & Stelian Stancu & Ionuț Constantin & Paul Marinescu, 2020. "What influences the entrepreneurial intention in Romania? Identification of the main determinants using classification trees," Manager Journal, Faculty of Business and Administration, University of Bucharest, vol. 32(1), pages 7-20, December.
    2. Cristina Mocanu, 2020. "Drivers of entrepreneurship and the role of education in Romania," Manager Journal, Faculty of Business and Administration, University of Bucharest, vol. 31(1), pages 108-119, December.

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