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The Impact of the Global Crisis on SME and Entrepreneurship Bahavior -Romania and Finland Cases

Author

Listed:
  • Carmen N?stase

    (University Stefan cel Mare, Suceava, Romania)

  • Miika Kajanus

    (Savonia University of Applied Sciences, Finland)

Abstract

This paper discusses about the impact of the global crisis for the SME and entrepreneurship behavior. The first part represents an incursion of the current financial and economic crisis, the causes of the crises and the impact of the crisis. For this paper we've analyzed the entrepreneurial behavior into the crisis period in two European countries, Romania and Finland, following the economical context from the two countries. At the end, the study develops a critical approach on the entrepreneurial behavior from the two countries. The economic crisis offers policy makers an opportunity to address structural weaknesses and accelerate change, laying the foundation for stronger, more durable growth.

Suggested Citation

  • Carmen N?stase & Miika Kajanus, 2009. "The Impact of the Global Crisis on SME and Entrepreneurship Bahavior -Romania and Finland Cases," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 11(Number Sp), pages 751-762, November.
    • Handle: RePEc:aes:amfeco:v:11:y:2009:i:number_special_3:p:751-762
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    References listed on IDEAS

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    1. Emilian Dobrescu, 2009. "Estimating the Total Factor Productivity in Romanian Economy," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 11(26), pages 512-521, June.
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    Citations

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    Cited by:

    1. Urbano, David & Aparicio, Sebastian, 2016. "Entrepreneurship capital types and economic growth: International evidence," Technological Forecasting and Social Change, Elsevier, vol. 102(C), pages 34-44.
    2. Mihaela Onofrei & Dan Lupu, 2012. "The Management of Economic Decline and the Dimension of Organizational Change," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 14(32), pages 470-484, June.
    3. Lucia Morosan-Danila & Otilia-Maria Bordeianu, 2020. "The Need For Change And Shaping The Post-COVID Business Environment in Romania," Book chapters-LUMEN Proceedings, in: Carmen NÄ‚STASE (ed.), 16th Economic International Conference NCOE 4.0 2020, edition 1, volume 13, chapter 35, pages 387-397, Editura Lumen.

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    More about this item

    Keywords

    economic crisis; global crisis; entrepreneurship behavior; Finland; policy makers; Romania;
    All these keywords.

    JEL classification:

    • E65 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Studies of Particular Policy Episodes
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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