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Financing entrepreneurial initiatives in rural areas through the national program for rural development 2014-2020

Author

Listed:
  • Costin Cirstea

    (Faculty of Agro-Food and Environmental Economics, The Bucharest University of Economic Studies, Romania)

  • Florin Dinu

    (Faculty of Agro-Food and Environmental Economics, The Bucharest University of Economic Studies, Romania)

  • Razvan Murariu

    (Faculty of Agro-Food and Environmental Economics, The Bucharest University of Economic Studies, Romania)

Abstract

Entrepreneurship is the main engine of growth in any market economy, contributing the majority share in the gross domestic product and to creating new jobs. In these circumstances, regional development, including the development of the rural area, is conditioned by the creation of favorable conditions and appropriate financing instruments, allowing the stimulation of entrepreneurial initiatives. This study represents an analysis of financial instruments proposed to stimulate entrepreneurial initiatives in rural areas of Romania, through the National Rural Development Program. The study is structured in three parts. The first part is an introduction, which is achieved through a documentary synthesis regarding the current state of Romanian entrepreneurial initiatives manifestation, in rural areas. The second part of the study is an analysis of the measures proposed in the National Rural Development Program 2007 - 2013, which aimed the development of entrepreneurship in rural areas, and the impact created by their implementation. The third part of the study analyzes the measures for the development of rural entrepreneurship proposed by the National Rural Development Program 2014 - 2020. The study concludes with a series of pragmatic conclusions, drawn from the analysis carried out.

Suggested Citation

  • Costin Cirstea & Florin Dinu & Razvan Murariu, 2014. "Financing entrepreneurial initiatives in rural areas through the national program for rural development 2014-2020," International Conference on Competitiveness of Agro-food and Environmental Economy Proceedings, The Bucharest University of Economic Studies, vol. 3, pages 205-212.
    • Handle: RePEc:aes:icafee:v:3:y:2014:p:205-212
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