IMPACT FACTORS FOR THE DEVELOPMENT OF YOUNG ENTREPRENEURS IN ROMANIA

• Main Authors: Ioan-Vladut NUTU, Adina-Roxana MUNTEANU, Ramona-Nicoleta PÎRLOG
• Format: Article
• Language: English
• Published: Romanian Foundation for Business Intelligence 2016-12-01
• Series: SEA: Practical Application of Science
• Subjects: Entrepreneurship; Business education; Survey; Romania
• Online Access: http://seaopenresearch.eu/Journals/articles/SPAS_12_6.pdf

A distinctive feature of developed economies is the vital role of entrepreneurship as a central pillar of economic growth. In the context of growing number of new businesses, this article aims to highlight the key factors that affect the entrepreneurship in Romania. The authors reviewed several scientific articles and business reports and also primary data collected via direct interaction with young entrepreneurs and students that aspire to become entrepreneurs in Romania. Issues like access to financing, taxes and other administrative barriers and also entrepreneurial skills and education are discussed. Moreover, entrepreneurs’ opinions on measures to improve the entrepreneurial education are listed.