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Measures of the Impact of Entrepreneurship on Economic Development in Romania

Nelu-Eugen Popescu
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Nelu-Eugen Popescu: Lucian Blaga University of Sibiu, Romania

Expert Journal of Economics, 2017, vol. 5, issue 3, 81-87

Abstract: Entrepreneurship has attracted the attention of many scholars in the last years due to its importance in the economy. Entrepreneurship is considered by many an important factor that could have a positive influence over the economic growth. Despite the recognition of the role of the entrepreneurship there is no general agreement of how entrepreneurship impacts the economy or a specific industry. The aim of this article is to provide some information about entrepreneurship, ways of measuring entrepreneurship, most common metrics used and the impact over the Romanian economy. To underline the relationship between these concepts some analysis were conducted in order to determine if they are correlated.

Keywords: entrepreneurship; economic development; total entrepreneurial activity (search for similar items in EconPapers)
JEL-codes: G10 D22 D24 (search for similar items in EconPapers)
Date: 2017
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Handle: RePEc:exp:econcs:v:5:y:2017:i:3:p:81-87