Doing Business in Romania between Hopes, Realities and Risks

Gabriela Marchis ()
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Gabriela Marchis: Danubius University of Galati

Acta Universitatis Danubius. OEconomica, 2016, issue 12(4), 86-94

Abstract: After a decade of economic turmoil, emerging from globalization, the entrepreneurship can be seen as an opportunity for overcoming the impact of the crisis. This article highlights the main aspects regarding Romanian entrepreneurship, as a potential source of revitalization of the economy, in line with the evolution of European business environment. It tries to familiarize the readers with the environmental characteristic of businesses in Romania. Hence, it is divided in two main parts. The first one highlights the economic and social dynamics, describing the general framework for doing business in Romania, which represent the “fertile soil” for developing entrepreneurial activities and the second part tries to identify the most important environmental variables that characterize Romanian business environment, emphasizing the opportunities but also the challenges for business activities. The results of this study should not be generalized but considered as indicative.

Keywords: entrepreneurship; SMEs; Europeanization; strategic judgments (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:dug:actaec:y:2016:i:4:p:86-94

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