THE ROLE OF ENTREPRENEURSHIP IN ECONOMIC GROWTH. COMPARATIVE ASPECTS ROMANIA VERSUS EUROPEAN UNION

Nicoleta Mihăilă
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Nicoleta Mihăilă: “Victor Slăvescu” Centre for Financial and Monetary Research, Romanian Academy

Journal of Financial and Monetary Economics, 2015, vol. 2, issue 1, 232-239

Abstract: There is a general appreciation regarding the major role that entrepreneurship along with innovation plays in economic competitiveness and job creation on a global scale. Stimulation of the SME sector should be made, in our opinion, by providing a competitive, stable and predictable business environment. In this context, public policies aimed at developing entrepreneurship in Romania, should have in the foreground entrepreneurship education at all levels, simplified and predictable regulatory framework and a competitiveness-oriented access to finance. In this paper we develop a comparative analysis of entrepreneurship in Romania and the EU, we highlight the main difficulties encountered by entrepreneurs and will propose solutions for its development into a friendly economic environment.

Keywords: SMEs; competitiveness; fiscal framework; entrepreneurial education (search for similar items in EconPapers)
JEL-codes: H26 H27 H32 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:vls:rojfme:v:2:y:2015:i:1:p:232-239

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