Romanian Entrepreneurship in the Years of Economic Crisis: a Regional Approach

Burcea Marin ()
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Burcea Marin: University of Bucharest, Faculty of Administration and Business

Ovidius University Annals, Economic Sciences Series, 2012, vol. XII, issue 1, 314-317

Abstract: The entrepreneurship spirit is a key element to ensure the dynamics of the economy and the society, both at worldwide and regional level. The entrepreneurship activity has the potential to respond to the challenges of an environment in a continuous change and ensures both local and regional development. The aims of our paper are to present in short the impact of the economic and financial crisis on the Romanian enterprises and to analyse its effects at the regional development level. A set of two hypotheses were tested and validated during our research by using the information provided by the National Trade Register Office. Our research shows, through the analysis of statistical data, a decrease of the interest for the entrepreneurial development and a dramatic fall in number of companies over the years 2008-2010, as a result of the economic crisis.

Keywords: entrepreneurship; entrepreneurial activity; regional development; economic and financial crisis; Romania (search for similar items in EconPapers)
JEL-codes: M19 O18 R12 (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xii:y:2012:i:12:p:314-317

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