Communication - A Dynamic Factor in the Entrepreneurial Ecosystem in Romania

Doina Todoruţ (), Mihaela Denisa Coman () and Oana Camelia Iacob ()
Additional contact information
Doina Todoruţ: “Valahia†University of Târgovişte
Mihaela Denisa Coman: Valahia†University of Targoviste
Oana Camelia Iacob: Polytechnic University of Bucharest

Ovidius University Annals, Economic Sciences Series, 2020, vol. XX, issue 1, 789-794

Abstract: In order for a strong entrepreneurial ecosystem to exist, in order to develop, it must be realized that the presence of brand entrepreneurs alone is not enough. With a major impact in its evolution is a through, professional entrepreneurial education, but also the investment side (venture-capital, business-angels). The education system must adopt schemes for cultivating and promoting an entrepreneurial mentality at an early age. The aim of the paper is to encourage the capitalization of the personal vision in opening a business, of the professional experience accumulated for the consolidation of the Romanian entrepreneurial ecosystem. Entrepreneurship support starts with communication, thus favoring strategic partnerships, the involvement of investors with vision in this field, with openness to the young generation. In entrepreneurship, a behavior that follows the initiative is used to achieve success, strengthening the structuring of socio-economic aspects, but also openness to the probability of manifestation of risk and acceptance of failure, as Joseph Schumpeter mentioned. The entrepreneur feels the business opportunity, has a vision for implementation, but in order to implement the final decision it is necessary to communicate with those involved in the entrepreneurial activity.

Keywords: entrepreneurial ecosystem; communication; risk (search for similar items in EconPapers)
JEL-codes: A2 D83 L31 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://stec.univ-ovidius.ro/html/anale/RO/2020/Section%204/35.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xx:y:2020:i:1:p:789-794

Access Statistics for this article

Ovidius University Annals, Economic Sciences Series is currently edited by Spatariu Cerasela

More articles in Ovidius University Annals, Economic Sciences Series from Ovidius University of Constantza, Faculty of Economic Sciences Contact information at EDIRC.
Bibliographic data for series maintained by Gheorghiu Gabriela ().