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What Influences more the Entrepreneurship in European Countries: Opportunity or Necessity?

ªtefãnescu Daniela ()
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ªtefãnescu Daniela: Petru Maior University of Tîrgu-Mureº

Ovidius University Annals, Economic Sciences Series, 2012, vol. XII, issue 2, 224-229

Abstract: This study aims to analyse the influence of the opportunity and of the necessity on the entrepreneurial activity in last years in European countries. In order to achieve its aim, there are used official databases related to the entrepreneurship activity measured by Global Entrepreneurship Monitor (GEM) and the main representative indicator of the economic development – growth rate of GDP per capita. In order to establish the most important factor which has the major impact to the development of the entrepreneurial activity in analysed countries, we applied Cluster Analysis, and statistical indicators and methods. According to the previous studies, there are differences between countries regarding the opportunity, respectively the necessity impact on entrepreneurial activity, thus we are focus to find if the previous conclusions are available also in the current international context, influenced by the crisis.

Keywords: entrepreneurship; economic development; Cluster Analysis; opportunity; necessity (search for similar items in EconPapers)
JEL-codes: C38 L26 O11 (search for similar items in EconPapers)
Date: 2012
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