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ENTREPRENEURSHIP THE PILLAR OF SUSTAINABLE DEVELOPMENT OF THE ROMANIAN COMPANIES

Otilia Manta () and Elena-Maria Enea ()
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Elena-Maria Enea: Athenaeum University, Bucharest, Romania

Internal Auditing and Risk Management, 2019, vol. 53, issue 1, 55-64

Abstract: Supporting entrepreneurship development within the SME sector is a priority at both European Union and national level, as this category can contribute to the sustainable development of the economic sector both economically, financially and especially socially. The number of SMEs at both national and European level is very high, i.e. over 90% of the number of economic agents. Encouraging SMEs through financial and fiscal measures and financial incentives to boost entrepreneurship can contribute to a more dynamic and flexible economy, with the role of SMEs being larger than large companies, which are considered to be the backbone of any modern economies. Moreover, as the family is the basic cell of society, we believe that SMEs are the basic cell of the economy. Through this paper, we aim to make an entrepreneurial radiography among SMEs in Romania, especially in the current European context.

Keywords: entrepreneurship; sustainability; SMEs (search for similar items in EconPapers)
JEL-codes: L26 Q01 D26 (search for similar items in EconPapers)
Date: 2019
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