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Our paper findings are based on official statistical data provided from the National Office of the Romanian Trade Register (ONRC) regarding the legal active entities and authorized individuals in Romania. Data will describe how Romanian business environment was affected in 2020 by the Sars-Cov-2 health crisis which also had a major impact on the international business environment. We will search for those statistical data better highlights what is happening in the business environment, given company registrations, insolvencies, plus legislation improvements. We will equally take into account the responsibility of the companies' shareholders face to: expectations, options for financing their own businesses, solutions of resistance in difficult periods, plans and strategies for the near future. The impact of some measures taken by government authorities to support the business of entrepreneurs will also be taken into account. [ABSTRACT FROM AUTHOR]

The main purpose of this paper is to study the importance of entrepreneurship in the tourism industry. Tourism is in a continuous development, both in size and content, niche tourism annually enriching its forms. The notion of entrepreneurship is associated with the new and innovative economic activity, and innovation is very broad including entrepreneurial principles. Innovation materializes in new products, new services, new raw materials, new processes. [ABSTRACT FROM AUTHOR]

Copyright of Regional Science Policy & Practice is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Romanian rural area faces a violent lack of entrepreneurship initiatives, which can generate negative economic and social phenomena, with medium and long-term effects, such as: the decreased living standards of people in rural areas, the migration of young people from rural areas, which generates psychosocial problems among children who have to stay with their grandparents, the sharp decrease of interest for agriculture and, thus, the decrease of GDP ratio from agricultural activities, the lack of education among rural people etc. Under these circumstances, the paper tries, through documentation, analysis and processing statistical data, to quantify the development level of entrepreneurship in rural areas in Romania, compared with developed EU countries (such as: Germany, Great Britain, France etc.), in order to reveal the gaps in this sector. To increase the relevance of the analysis, the paper also analyzes the possible causes that can stimulate or repress the expression of entrepreneurship and its implementation in Romanian and European rural areas, such as: different levels of fiscal pressure, the existence, effectiveness and efficiency of programs implementation for stimulating and supporting entrepreneurship in general and in rural areas, in particular, the different business culture etc. These results generated from the research will finally create a set of premises for adopting international best practices and develop pragmatic solutions and programs to increase entrepreneurship, which can leads to new business initiatives in the Romanian rural area. In conclusion, for a quality of life growth and a decrease of negative social and economic phenomena with medium and long-term impact, it is necessary an increase of the living standards, done by increasing the opportunities for entrepreneurship in agriculture and rural areas. Specifically, there are needed investments in the development of human resources in rural areas and in supporting its entrepreneurial efforts and activities in order to generate profitable activities that can ensure motivating financial and social rewards for medium and long terms. [ABSTRACT FROM AUTHOR]

Purpose - This paper aims to debate the possibility of creating a social enterprise in a certain region of Romania. Design/methodology/approach - In the first section there is a theoretical approach of some aspects of societal change processes and seven trends which indicate the change processes within the working environment. From the same point of view, there are also mentioned different types of entrepreneurial activities. The paper ends with a case study which is dealing with the study of the potential to create social enterprises to support rural communities in Bistrita Nasaud county. Findings - The data provides an array of social problems that are facing the people of this region: the lack of jobs, of qualifications required by the market, poverty, social exclusion of vulnerable groups. Practical implications/originality/value - The presentation of a case study specific to social entrepreneurship within a larger theoretical framework triggers a complex approach in compliance with the specified theoretical aspects. [ABSTRACT FROM AUTHOR]

This paper approaches an important topic in the field of insolvency, a present field, considering that bankruptcy threatens the development in good conditions of the activity of companies. Our approach concerns the analysis of the insolvency of Romanian trading companies in the context of the economic-financial crisis. Considering the current economic crisis, the problem of insolvency is very present. From an economic and financial perspective, insolvency is a reality of entrepreneurship, with a negative impact: it is conditioned and triggers inopportune and inappropriate management of the patrimony of economic units. Our aim is to perform a comparative analysis in time and space of the evaluation of the insolvency of trading companies, in order to grasp the common and specific elements in defining and presenting insolvency. In the practical part of the paper, for processing the data collected from the financial statements, we will use the SPSS software - Statistical Package for the Social Sciences. The database includes 30 insolvent companies in Romania, analyzed over a 5-year period. For a rigorous structure of the database, we will select the companies that perform their activity in several activity branches. The results of the research show the crisis that affects the analyzed Romanian companies. [ABSTRACT FROM AUTHOR]

Women entrepreneurship is an important area being globally recognized as one of the most important measures of economic growth and, implicitly, of decreasing the level of poverty. Incentivizing women to start their own business is essential for the development of women entrepreneurship and it's also a strategic objective at European level, assumed by Romania as an EU member state. In order to have access to the same opportunities as men, women have to go beyond a series of obstacles, one of which is family responsibility, which often returns to their care. Therefore, this paper approaches a wide variety of themes that correspond to the present, such as motivation, obstacles encountered and also the advantages and disadvantages that come with the entrepreneurial profession, using as a research method the interviews with women entrepreneurs. [ABSTRACT FROM AUTHOR]

Copyright of Industria Textila is the property of Institutul National de Cercetare-Dezvoltare pentru Textile si Pielarie and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

A study regarding the importance of personal abilities in entrepreneurship was conducted in France, Romania, and Lithuania on several 204 peoples with higher education. The applied methodology was that of opinion polls, in which the subjects were asked to give information regarding the importance in entrepreneurship, of some personal skills such as ''To quickly analyze the data and make decisions'', or ''To direct and lead R&D activity''. The importance of these skills was quantified in the questionnaire by granting notes from 1 to 6, notes whose value was directly proportional to the importance give it to the respective ability. Regarding the assessment of the importance of the ability "To quickly analyze the data and make decisions", from the total respondents, 29% gave the maximum mark (note 6), and 24% gave mark 5. Regarding the respondent's position for ability entitled ''To direct and lead R&D activity'', the overall answers have the same values (29% of the respondents gave mark 6 and 24% of them gave mark 5). Regarding the distribution of the answers by countries, it is found that the maximum score (6) was granted by 58% of the Romanian respondents, by 31% of the French respondents, and by 8% of the Lithuanian respondents. In conclusion, the study achieved regarding the importance of personal skills in the entrepreneurial process carried in the three countries, showed the conditioning of the success of a business by personal entrepreneurial qualities, like: "To quickly analyze the data and make decisions", "To persuade others", ''To be oriented to achieve'' and' 'To direct and lead R&D activity''. These answers placed Romania on the first because its own participants agreeing that these qualities are the personal skills of a successful entrepreneur. [ABSTRACT FROM AUTHOR]

The significant role played by youth entrepreneurship for the economic growth of countries has shift the attention of researchers to the potential entrepreneurs, and how to stimulate the enter on the market of new and innovative individuals which might have positive effects on economic development. The present research is conducted to identify the influence of some characteristics of business environment and of access to financial resources on entrepreneurial intentions of faculty students from one of the largest universities of Romania. We conducted the study on a sample of undergraduate and master students, by applying a questionnaire. The main objectives of this paper are to analyze how the young potential entrepreneurs perceive the access to finance for start-ups and if this factor would be a significant predictor of the decision to become entrepreneurs of the students. In addition, our study discusses how policy makers could provide support for young people to create innovative businesses, from a financial perspective. Our findings show a high level of entrepreneurial intentions among the interviewed students, but also that easy access to financial resources is the most important obstacle identified by the students with entrepreneurial intentions. Young entrepreneurs encounter significant obstacles in trying to obtain the necessary financial resources, because they do not have a market history or sufficient guarantees. Access to information and fewer business regulations were also identified as factors with a significant contribution on entrepreneurial orientation of youth. The implications of the study are significant for potential policy intervention, because emphasize the need of the policy makers to stimulate young entrepreneurs by promoting policies that allow young entrepreneurs greater access to finance. [ABSTRACT FROM AUTHOR]

The paper aims to contribute to the better knowledge and understanding on entrepreneurship education and its role in supporting the development of entrepreneurial intentions in Romania. Analyzing the role of entrepreneurship education on influencing decision to of starting up a business is on the rise worldwide, a lot of importance being put on the importance of entrepreneurship education in supporting diversification of careers and transitions from unemployment or inactivity to self-employment. The empirical evidences for Romania, even if they are already addressed by several papers mainly focused on entrepreneurship education in universities still provide a lot of food for quantitative and qualitative analyses. The paper uses the data provided by Flask Eurobarometer 354 to depict the profile of Romanians that were involved in entrepreneurship education, but also to define an index on perceived effects of education in order to link the participation to entrepreneurial programs to the decision of individuals to start-up their own business. The findings on the profile of those ever engaged in entrepreneurship education in Romania points out to the structural inequalities embedded in the Romanian educational system, but also emphasize the rapid extension of the curriculum in this direction. Education is perceived as very important in building up attitudes and knowledge that support entrepreneurial intentions. [ABSTRACT FROM AUTHOR]

Present paper is devoted to the youth entrepreneurship in the field of Creative Business trough the comparative analysis between situation in Bulgaria and Romania as member states of the European Union. For Creative Business the most important and key element is the creative idea – therefore it is possible that start-up company could equally compete with the company having global reputation and popularity. Our findings show that both countries have to develop special policy supporting focusing the youth entrepreneurship in the field of Creative Business. [ABSTRACT FROM AUTHOR]

Public-private partnerships are one of the most debated issues at EU-27 level nowadays. The experience of the past two decades has shown that this European Union initiative has delivered results below expectations despite the opportunities for improved absorption of European funds based on setting up such partnerships. In our paper we argue that by investigating main definitions and institutional-regulatory frameworks, public-private partnerships could turn into a key tool for promoting and supporting sustainable development at both national and rural level (that is, at the level of the regions of development) by interacting and best suited to sustain the activities of start-ups and innovative SMEs. Romania's experience is still at its very beginnings, but the current economic, social and political climate is an argument for considering how public-private-partnerships and entrepreneurship might be interlinked for generating economic growth, and creating platforms even for encouraging social entrepreneurs who, due to their 'not-for-profit' objectives are more flexible in applying new perspectives and innovations faced with new opportunities, thus gaining experiences transferable to changing and improving the 'for profit' sector and contributing to improved perceptions about public-private partnerships, not as an objective per se, but as operational tool in ensuring economic growth, social development and increased sustainability and resilience. [ABSTRACT FROM AUTHOR]

Businesses in the field of commerce have developed greatly in recent decades, being one of the most profitable sectors of activity. The purpose of this paper was to identify the opportunities of development for the field of trade, in Resita, from the perspective of young people, and also to determine the level of interest in opening a business in this area of activity in the future. The present paper thus presents a study carried out on the young people's perception regarding the development of business opportunities in the field of trade in the city of Resita. [ABSTRACT FROM AUTHOR]

Worldwide, entrepreneurship is perceived as providing a high social status, and based on the Global Entrepreneurship Research Association's Report about two-thirds of adults consider that it is a good choice for a future career. Scholars have wondered over the time whether: entrepreneurs are born or educated, which are the factors that influence their decision to start a business, are they: individual (motives, preferences, social identity), familial (family structure, family relationships), cultural or institutional (educational system, entrepreneurial institutions and organizations correlated with the political environment) and so on? In this paper, we have presented the results of the Entrepreneurial spirit Survey conducted among students of the Organizational Management and Entrepreneurship Master's Degree Program, of the Faculty of Law and Economics, Constanta, Spiru Haret University, Romania, during 2016-2018. [ABSTRACT FROM AUTHOR]

Augmented reality (AR) allows for further development of the physical world by adding real-time virtual digital information. This gives entrepreneurs and especially retailers unprecedented options to attract customers. Having the power to put (virtual) products into the hands of customers creates interesting opportunities for users in order to prefer a particular brand, service or product. Although it is expected that the AR solutions market to grow exponentially in the coming years and several companies have already tried to expand their business by using this type of smart technology, this issue is less known in Romania, much less in regions which are less economically developed and, specifically with regards to the entrepreneurial environment. This paper debates and demonstrates that AR technology applied by a smart entrepreneur can direct customer behaviour in the purchasing process and produce favourable outcomes such as product knowledge, positive attitudes, and stronger buying intentions. This paper specifically addresses how an AR-type solution widely used by a multinational company such as IKEA may become an opportunity to develop entrepreneurship in the North-East region of Romania, having as starting point the Strategy for Research and Regional Innovation through Intelligent Specialization (RIS3) North-East which evokes the furniture industry as a priority for the region, corroborated with the statistical data presenting relevant information on primary production in the wood industry. [ABSTRACT FROM AUTHOR]

The development of entrepreneurship has important benefits, both economically and socially. Entrepreneurial education produces knowledge and highlights the importance of participating in the real issues of society, contributing thus to the economic and social progress, to a better quality of life. The EU has a duty to encourage the entrepreneurial education and the entrepreneurial initiatives in member States for job creation and competitiveness growth. Focused on this subject, the paper highlights the main connections between education and the development of entrepreneurship, underlining the significant aspects related to Romania and to EU member states. The study is based on the theoretical and applied research that we have done on the role of education in the development of entrepreneurship. The authors' opinions based on their own experience are also presented in the paper. [ABSTRACT FROM AUTHOR]

The paper aims to present a study conducted among the students of Transilvania University of Braşov in order to establish their opinion regarding the link between creativity and entrepreneurship. The study aims to focus on the differences between the results previously established and a new ones. [ABSTRACT FROM AUTHOR]

Our paper casts an innovative light on Arab women entrepreneurs, immigrant in Romania, and the changing role of Arab females in a different cultural environment. This is based on a pioneering qualitative research consisting in carrying out in-depth interviewees with five immigrant Arab women entrepreneurs acting on the Romanian market. Aiming to raise awareness about immigrant Arab women entrepreneurs in Romania, in our research we mainly approached personal, cultural, and entrepreneurial issues. Based on our research results, in this paper we highlight a profile of the interviewed Arab women entrepreneurs and a series of business particularities of their entrepreneurial ventures, focusing on factors affecting entrepreneurship. The challenges Arab women face when starting a business, from family, moral, and financial support to adapting in a European country, are thoroughly approached in our study. [ABSTRACT FROM AUTHOR]

Entrepreneurship is portrayed as the foundation behind successful economies and the hope of developing economies. SMEs are well represented in the Romanian economy, in terms of the number of companies, number of employees, as well as the contribution of SMEs to the GDP. Considering all these, the interest in identifying factors that influence entrepreneurial success is reasonable. The main focus of this paper is to analyze and present the entrepreneurial activity in the South-East development region of Romania. The authors reveal the result of a study on the dynamics and hostility dimensions of the entrepreneurial environment as they are perceived by entrepreneurs. [ABSTRACT FROM AUTHOR]

The results presented in this paper are part of a study conducted in the project: 'Be a manager for your own business!' that was financed by the European Social Fund, Sectoral Operational Programme Human Resources Development (SOP HRD) 2007-2013, and the Romanian Government, ID POSDRU/92/3.1/S/49297; during April 2011-March 2014. This paper investigates the entrepreneurial intentions of 653 final-year students and 212 unemployed persons from the South East Region and the South West - Oltenia Region of Romania. Only 244 persons have shown interest in enrolling on entrepreneurial courses developed through the Project with the declared intention of starting a new business, and less than one third, 80 persons, have initiated small businesses. [ABSTRACT FROM AUTHOR]

The aim of the paper is to study the probability of becoming an early-stage entrepreneur in Romania, analyzing the influence of a set of socio-demographic and perceptional factors. The article uses the Global Entrepreneurship Monitor Adult Population Survey database for Romania regarding the year 2012. A logistic regression model is built up, emphasizing the influence on the early-stage entrepreneurship in Romania of variables like gender, age, education, work status, opportunity recognition, knowing new entrepreneurs, confidence in own skills, fear of failure and positive appreciation of other people's view on entrepreneurship as a good career choice. A formula is given which allows determining the probability of becoming an early-stage entrepreneur in post-crisis Romania. The paper also provides a time-line analysis of the research question mentioned above, highlighting the role of the influencing factors before, during and after the financial crisis. [ABSTRACT FROM AUTHOR]

Entrepreneurship is an important pillar for the economic growth, generating businesses and jobs. Above that, entrepreneurship is a necessity in our society, due to the higher rate of unemployment among young people all over European Union. In Romania, there is a positive attitude towards entrepreneurship and many people have the courage to start a business. This paper aims to find how these new businesses can be strengthened, in order to become sustainable and what the importance of innovation in this process is. [ABSTRACT FROM AUTHOR]

Entrepreneurship has started to receive attention together with the problems brought by the global financial and economic crisis and tends to be associated with economic development and well-being of society. The objective of this paper is to conduct an analysis of the Romanian entrepreneurial ecosystem and the factors that have the power to stimulate it, thus allowing the design of effective policies for the development of Romanian entrepreneurship. Development of the present paper has been carried out through the analysis of the Romanian entrepreneurial ecosystem in using data supplied by the Global Entrepreneurship Monitor 2013 and European Commission. Contrary to general opinion, entrepreneurship is appreciated in Romanian society and Romania is among the first European countries when it comes to the way entrepreneurship is regarded in society. [ABSTRACT FROM AUTHOR]

As outward migration and brain drain reach record numbers in Romania, we explore the pull factors that might contribute to a reversal. This paper presents the findings of the first large scale survey on the entrepreneurial intentions of the Romanian Diaspora. We have specifically targeted the category of graduates and young professionals as having the highest flexibility to relocate. The findings of our survey show a large inclination to start a business venture in the home country (79%). The main field in which the young Romanian Diaspora would be interested to develop an entrepreneurial project is IT&C (35.67%). We compare those findings with those from a domestic survey targeting the same age group, and find little differences in preferences, suggesting that country of residence is not a significant differentiating factor in the decision to start a business. The main perceived impediment for entrepreneurship in Romania is still excessive bureaucracy (76.03%). The reverse migration patterns are important for any developing economy in the world, as the case of Romania shows, where the return of the 200,000 Romanians (5%) could (gradually) contribute on the medium term with more than 11.5 billion euro to the country's GDP. [ABSTRACT FROM AUTHOR]

Lately, there is more and more talk about the notion of entrepreneurship, which is the occupational and social impact of entrepreneurial activities and what are the benefits and risks of a person who decides to start a business on their own. Therefore, in this article we set out to present the importance and role of entrepreneurship for young people in Romania. Entrepreneurial activity has a major impact on the economy, because they are the ones who make the world move forward and things move in the right direction. According to our studies, one in two urban Romanians would like to become an entrepreneur, even if they encounter several obstacles when they decide to open a business, regardless of their field of activity. In 2019, 134,220 companies were established, and in 2020, due to the pandemic, their number decreased to 109,939. [ABSTRACT FROM AUTHOR]

The aim of this paper is to explore how one can promote entrepreneurial orientation in rural areas. This study attempts to identify and analyze the favouring and the inhibiting factors for the development of rural entrepreneurship. To do so, we conducted an exploratory research in some rural areas in Romania. The primary contribution of this study is that families and friends in rural areas have an important role in entrepreneurial orientation. In terms of concluding observations related to our findings, we find that education, training, rural infrastructures and financial assistance are the key drivers of entrepreneurial orientation in rural regions. Another contribution from this study is that the average age of farmers is increasing and it does not appear to regenerate. The paper concludes with a discussion of the main findings and proposes some recommendations for future research on businesses in rural areas. [ABSTRACT FROM AUTHOR]

Purpose statement - The aim of this paper is to examine the media's influence on public perception of the European entrepreneurial environment, with specific reference to business performances as they are presented on Romanian economic journals, in 2010. Design/Methodology/Approach - The nature of the topic suggests the use of an interdisciplinary set of analysis, interpretation and evaluation of results, as well as the option for a joint research strategy, which is engaged in methods and techniques from many scientific fields, in order to validate the assumptions. Overview - Due to the unstable economic situation in Romania over the last few years, local entrepreneurs are interested to know the features, dynamics, and, above all, opportunities and threats specific to the European businesss environment to assess the chances of achieving their targets. Likewise, before making any investment decisions, foreign investors and entrepreneurs need to know exactly if and how the new business environment will support the development of their own businesses. Therefore, mass media has a significant role in this system mostly as an opinion maker among target audiences and promoter of economic agents, companies, industries or countries. Limits of Research - There are two main limitations of this study- firstly the selection of economic publications in the field, considered representative of the media in Romania, and secondly the time constraints. Originality/Value - The originality of this paper is given by the issues approach that takes into account the influence factors and the initial assumptions. Its value lies in the usefulness of research outputs, both for media representatives in Romania and for foreign and local entrepreneurs. [ABSTRACT FROM AUTHOR]

Purpose statement - The purpose of this paper is to examine the media's influence on public perception of the European entrepreneurial environment, with specific reference to business performances as they are presented on Romanian economic journals, in 2010. Design/Methodology/Approach - The nature of the topic suggests the use of an interdisciplinary set of analysis, interpretation and evaluation of results, as well as the option for a joint research strategy, which is engaged in methods and techniques from many scientific fields, in order to validate the assumptions. Overview - Due to the unstable economic situation in Romania over the last few years, local entrepreneurs are interested to know the features, dynamics, and, above all, opportunities and threats specific to the European business environment to assess the chances of achieving their targets. Likewise, before making any investment decisions, foreign investors and entrepreneurs need to know exactly if and how the new business environment will support the development of their own businesses. Therefore, mass media has a significant role in this system mostly as an opinion maker among target audiences and promoter of economic agents, companies, industries or countries. Limits of Research - There are two main limitations of this study- firstly the selection of economic publications in the field, considered representative of the media in Romania, and secondly the time constraints. Originality/Value - The originality of this paper is given by the issues approach that takes into account the influence factors and the initial assumptions. Its value lies in the usefulness of research outputs, both for media representatives in Romania and for foreign and local entrepreneurs [ABSTRACT FROM AUTHOR]

An indicator for a nation's and its people's wealth is provided by the dimensions of its middle-class. As SMEs constitute the spinal bone of the modern economic system, this paper's purpose is to present the development of the Romanian SMEs throughout the 20th Century: from the flourishing times before the Second World War, during the darkness and gloominess of the communist ruling, to the times of change and transition, respectively to today's world economic crisis. The main purpose of this analysis is to try to aim at pointing out the links established among a friendly political environment, a healthy economic system, a set of strong and clear ethic values of the managers and the well-being of the people. It becomes clear that there can be identified a strong connection between the willingness of managers and entrepreneurs to assume responsibilities and the dimension of private property. The main assumption of this paper is that the half-century of communist ruling has managed to sweep away the sense of responsibility that is driven by private proprietorship and which is essential for the development of the business environment. [ABSTRACT FROM AUTHOR]

The entrepreneurship spirit is a key element to ensure the dynamics of the economy and the society, both at worldwide and regional level. The entrepreneurship activity has the potential to respond to the challenges of an environment in a continuous change and ensures both local and regional development. The aims of our paper are to present in short the impact of the economic and financial crisis on the Romanian enterprises and to analyse its effects at the regional development level. A set of two hypotheses were tested and validated during our research by using the information provided by the National Trade Register Office. Our research shows, through the analysis of statistical data, a decrease of the interest for the entrepreneurial development and a dramatic fall in number of companies over the years 2008-2010, as a result of the economic crisis. [ABSTRACT FROM AUTHOR]

It is widely recognized that the economic recovery largely depends on the improvement of the SME sector. In the order to determine the opportunities and to analyze the challenges faced by Romanian SMEs in (post)crises period, the paper presents first a short review of the national economy and the role of the SME sector. The paper presents also the situation of the SME sector after 2008 and a SWOT analysis in order to identify targets for the next period in concordance with the Europe 2020 strategy [ABSTRACT FROM AUTHOR]

This paper presents the status of economic education in Romania and its challenges, considering the circumstances in today's evolving world and horizon of expectations to which it is heading. Because of its many dimensions, education is essential, but challenging. In the generic sense, the school - as educational institution - becomes a fundamental institution having a strategic vocation to society. Economic education - coupled with education for change and development - acquires importance, increasing its importance in a country located in a continuous transition, leading to reshuffle the optical and economic behavior. Through its specific problems, economic education makes plea for training future consumers, employees and entrepreneurs in the spirit of free market economy. I tried to offer as far as possible, some openings in economic education research, targeting both the theoretical and methodological plan, as well as the strategic plan - operational, offering specialists and decision makers interested in possible courses of action they consider appropriate and current priority stage that crosses Romania. In relation to this objective, the analysis stressed the need for economic education and entrepreneurial needs manifested in all socio-professional categories. Finally we describe some directions and implications of economic and educational economist for initial and modern, in terms of personality adapting the Romanian society, focusing on traditional functions of university education and vocational training benefits continue. The paper concludes by proposing courses of action for improving economic education in Romania. [ABSTRACT FROM AUTHOR]

The present paper attempts to deal with two classical themes in a new and fresh context. The amount of works on leadership and entrepreneurship is vast, but the authors identified a gap in the research of these concepts in relation with tech start-ups, a domain that developed significantly in the recent period. The authors performed a detailed literature review, followed by an interview with a selected panel of entrepreneurs in Romania. The results of the study highlights few important trends related to the leadership traits of Romanian entrepreneurs. The results also confirmed a positive mindset and attitude which triggers an optimistic outlook for the Romanian entrepreneurial ecosystem. [ABSTRACT FROM AUTHOR]

Copyright of Transformations in Business & Economics is the property of Vilnius University and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

The East-West Romanian labor market disparities occurred and have been amplified by the rapid regional economic progress based on entrepreneurial spirit, corroborated with specific market opportunities. The end of the second millenium marked the liberalization of the Romanian labor market due to the transition from the planned economy to the open economy. As a result of this transition, the economic globalization phenomenon occurred and shaped Romania, both positively and negatively. However, at the beginning of the twenty-third century, some Romanian economic sectors are facing serious issues as far as the labor force is concerned, or rather the lack of labor force. The objective of this research paper was to explore the East-West Romanian labor market disparities under the influence of globalization and entrepreneurship through the lens of socio-economic indicators. Results confirm that the Eastern Romania is encountering serious labor issues with direct effect on particular economic sectors. [ABSTRACT FROM AUTHOR]

Romania's economy is not yet fully and competitively linked to the European and global economy. In the general economic and political history, the political, institutional and economic changes that have occurred since 1990 in Central and Eastern Europe, including Romania, are already recognized. The article deals with the evolutionary situational stages towards the New Economy of Romania. Also, is described the horizon of the post-transformations for reaching the quasi-constant inverted levels between "tangible-intangible" for the transition to a business cycle in the New Knowledge-Based Economy and Risk. It turns out that if the GDP reflects the sum of the market value of all goods and services destined for final consumption, not intermediate ones, produced in all branches of the economy within Romania within one year, then by way of investigative proximity, business and manifestation cycles of these closely followed the evolutionary dimensional trends of similarity and aggregation with GDP. [ABSTRACT FROM AUTHOR]

Based on a set of variables measured in the Global Entrepreneurship Monitor (GEM) study, we analyzed the entrepreneurial profile of Romanian economy after the onset of financial crisis. We found a positive attitude towards entrepreneurship in Romania, but the financial crisis started in 2008 severely affected the entrepreneurial environment. In many countries, the lack of an entrepreneurial culture and financial constraints are seen as critical barriers to entrepreneurship. In the light of global financial crisis, the support of entrepreneurial activities has risen as the entrepreneurship has the potential to foster economic recovery. In the second part of the paper we analyze policy actions implemented by the Romanian authorities in order to support SMEs in coping with the effects of financial crisis. We have found that the most used policy tools have been public subsidies for new businesses and loan guarantees. The paper highlights the main weaknesses in the design and implementation of public policies in Romania and recommends some policy action to improve SMEs' access to finance. The results of this study can be useful for improving the local entrepreneurial environment and also for designing new policy actions aimed to improve the SMEs' access to financing. [ABSTRACT FROM AUTHOR]

In this paper we aim to explore the topic of Schein’s career anchors in a particular local context (business higher education in Romania). In order to so, we studied the literature on career anchors and applied the test for 86 students of Bucharest University of Economic Studies, Faculty of International Business and Economics, 1st year of study. As expected, we observed a higher negative correlation between general managerial and lifestyle anchors and a series of other general relationships. More than a half of the respondents are autonomy-anchored and more than a third seem to have the entrepreneurial creativity anchor. We are cautious with respect to the results, since people without work experience might find a series of statements very interesting, but value them incorrectly based on a series of assumptions they make. For our small sample we could not validate the hypothesis that women are more lifestyle oriented than men. [ABSTRACT FROM AUTHOR]

The first medical activity privatized after 1990 was dentistry, and dentists were the first medical entrepreneurs in Romania. Today we are talking about a strong competitive market, a market in which we find ultra-performing clinics both in terms of logistics and that of doctors. When we talk today about health entrepreneurship, we are talking about an extremely vast field where we find doctors who run a business, a medical office, a pharmacy or managers who run a private clinic, a practice, a pharmacy, a laboratory, but also businesses with services related to the medical field (medical equipment, IT, medical insurance, marketing and medical training, etc.). The Romanian medical system, which is in full expansion, but marked by a multitude of acute problems to be solved, needs a strong private component. As the literature argues, private niche clinics and medical centers, either as an alternative to the exodus of health personnel or as a nursery of highly trained medical staff, contribute to increasing the quality of medical services and become an increasingly strong competitor of the state health system. In this paper want to present the state of entrepreneurship in the medical field in Romania, the variations of medical entrepreneurship, the stages of developing a business in the field of health, but also the most representative businesses in this field of activity that can be used as an example of good practice, referring of course to the current period which is extremely difficult but also profitable for the business environment in the medical field. [ABSTRACT FROM AUTHOR]

Entrepreneurship represents a process of willingness towards risks, management, innovation and organization in a market. The aim of this paper is to explore the variables aforementioned in Romanian higher education system for a research conducted to over 750 students across different leading educational organizations. The answers of the responders reveal that the interest for this path after graduations is really big, which is another good reason to support the entrepreneurship culture from earlier stages through workshops, access to information, mentoring, financing and promoting the right values. [ABSTRACT FROM AUTHOR]

Developing the entrepreneurial spirit in the young generation is one of the priorities the European Commission has set under the Lisbon Conference in 2000 concerning the competitiveness and innovation in the knowledgebased society. The current concerns of the Commission in this field relate mainly the contribution of instruction in schools and universities in the development of the entrepreneurial capacity of young people. The paper meets the European concerns in the field of entrepreneurial education by investigating the role of education in entrepreneurship in Romania in comparison to the European Union. For this analysis we used the "Flash Eurobarometer 354, Entrepreneurship in the EU and beyond conducted in June - August 2012". [ABSTRACT FROM AUTHOR]

The sustainable development of a region depends on the sustainability and measures taken by all the public and private organizations in the respective area. Museums stand out among these organizations due to the controversies arising in connection with the role they have to play in this process of sustainable development. This paper seeks to analyze whether and why museums should become sustainable and provide an overview on the Romanian museums' sustainability. The qualitative research based on semi-structured interviews with five museum experts showed that the sustainable development of Romania through cultural tourism is threatened due to the fact that few museums take steps towards become sustainable. Among the factors that hinder the process of sustainable change in museums can be mentioned the following: the current legislation, the scarcity and poor training of the human resources, but also the some managers' misconception on the notion of sustainable museum and their resistance to change. [ABSTRACT FROM AUTHOR]