A RETROSPECTIVE ANALYSIS OF RAISING START-UP CAPITAL IN ROMANIA

Livia Puia Ilie and Anca Șerban
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Livia Puia Ilie: Lucian Blaga University of Sibiu
Anca Șerban: Lucian Blaga University of Sibiu

Revista Economica, 2019, vol. 71, issue 4, 64-71

Abstract: Entrepreneurship refers to an individual's ability to turn ideas into action and it includes creativity, innovation and risk taking, as well as the ability to plan and manage projects. As cities look to entrepreneurship as an economic development strategy, it is important to consider the capital markets in place to finance companies within the start-up ecosystem. Put simply, growth must be funded. This article presents the main sources of start-up funding and evaluates the extent to which Romanian companies make use of those opportunities relative to other European countries.

Keywords: entrepreneurship; start-up; funding rounds; venture capital (search for similar items in EconPapers)
JEL-codes: O16 O52 (search for similar items in EconPapers)
Date: 2019
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