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Entrepreneurship for Young People

Timeea-Alexandra Savu (Simionescu) ()
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Timeea-Alexandra Savu (Simionescu): “Valahia†University of Tȃrgoviṣte

Ovidius University Annals, Economic Sciences Series, 2019, vol. XIX, issue 2, 572-575

Abstract: The importance of entrepreneurship in terms of economic performance, the achievement of welfare and cohesion at the social level can be highlighted with the help of indicators and values in the field of entrepreneurship, but also through the results obtained at the macroeconomic level. Entrepreneurship consists in the ability to identify a business opportunity, to implement it and to properly manage it in order to capitalize on it. The contractor is the person who commits himself to provide various services, to perform certain works, based on a contract and obligations, the reward being previously established through negotiation. The entrepreneur represents the innovative element, which can generate economic growth and bring a positive change at the level of the company of which he is a part. By undermining monopolies, solving existing problems with the help of new technologies, young entrepreneurs will thus be able to encourage more competitive economies and will be able to adapt much more easily to globalized societies. The purpose of this article is to highlight the importance of involving the school, the universities, the state and the government through its leaders, by implementing appropriate policies so as to support entrepreneurship, for the development of the private, financial and social sector.

Keywords: Entrepreneurship; education; young entrepreneurs; business entrepreneurs (search for similar items in EconPapers)
JEL-codes: I21 M12 M54 J24 (search for similar items in EconPapers)
Date: 2019
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Handle: RePEc:ovi:oviste:v:xix:y:2019:i:2:p:572-575