Entrepreneurship Evolution in Terms of Economic Development Stages. Retrospective Analysis

Elena Iliescu

Global Economic Observer, 2016, vol. 4, issue 2, 100-106

Abstract: Entrepreneurship and economic competitiveness are intensely debated subjects being both in economic analysts’ and decisions makers’ attention, being promoted at a national, European and global stages by creating, coordinating and implementing a favorable strategic, legislative and financial framework. From this perspective, the purpose of this paper is to highlight and promote the entrepreneurship’s role as a fundamental source for enhancing growth potential and national and regional development on the long run, but also to identify based on compared experiences of some additional levers in order to efficiently implement the national and European entrepreneurial strategies. Furthermore, considering that theorists, practitioners and decision makers focus on highlighting the crucial role entrepreneurship plays in ensuring a sustainable economic growth, the current paper approaches the correlation between entrepreneurship and economic competitiveness form a reverse perspective. Thus, the main objective of the study is to promote the influence that the economic competitiveness has (determining factor, alongside with GDP in establishing the development stages of the member states) on the entrepreneurial activities dynamic.

Keywords: entrepreneurship; economic development; competitiveness; the overall rate of entrepreneurship; Global Competitiveness Index; correlation; fluctuations (search for similar items in EconPapers)
Date: 2016-11
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Persistent link: https://EconPapers.repec.org/RePEc:ntu:ntugeo:vol4-iss2-16-100

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