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Entrepreneurial Capitalism. Past, Present And Perspectives

Author

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  • PAGUBA Cristina Elena

    (Babes-Bolyai University, Cluj-Napoca)

Abstract

Until now, the capitalist system proved to be the most efficient one from an economic, technological, and social perspective. The purest form of capitalism is entrepreneurial capitalism, where small and medium enterprises play the leading role. In a post crises economy, SMEs seem to be the key element in ensuring the economic recovery of nations worldwide. Thus, Governments try to adapt the market to the SMEs needs and help them develop. However, in some parts of the world, entrepreneurial capitalism seems to have lost the battle against other types of capitalism: corporative capitalism and state capitalism.

Suggested Citation

  • PAGUBA Cristina Elena, 2013. "Entrepreneurial Capitalism. Past, Present And Perspectives," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 65(3), pages 154-168.
    • Handle: RePEc:blg:reveco:v:65:y:2013:i:3:p:154-168
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    More about this item

    Keywords

    entrepreneurial capitalism; small and medium enterprises; innovation; competition; corporate capitalism;
    All these keywords.

    JEL classification:

    • A1 - General Economics and Teaching - - General Economics
    • B1 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925
    • B2 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925
    • L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior
    • P1 - Political Economy and Comparative Economic Systems - - Capitalist Economies

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