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A Retrospective Analysis Of Raising Start-Up Capital In Romania

Author

Listed:
  • ILIE Livia Puia

    (Lucian Blaga University of Sibiu)

  • ȘERBAN Anca

    (Lucian Blaga University of Sibiu)

Abstract

Entrepreneurship refers to an individual's ability to turn ideas into action and it includes creativity, innovation and risk taking, as well as the ability to plan and manage projects. As cities look to entrepreneurship as an economic development strategy, it is important to consider the capital markets in place to finance companies within the start-up ecosystem. Put simply, growth must be funded. This article presents the main sources of start-up funding and evaluates the extent to which Romanian companies make use of those opportunities relative to other European countries.

Suggested Citation

  • ILIE Livia Puia & ȘERBAN Anca, 2019. "A Retrospective Analysis Of Raising Start-Up Capital In Romania," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 71(4), pages 64-71, December.
    • Handle: RePEc:blg:reveco:v:71:y:2019:i:4:p:64-71
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    File URL: http://economice.ulbsibiu.ro/revista.economica/archive/71405ilie&serban.pdf
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    More about this item

    Keywords

    entrepreneurship; start-up; funding rounds; venture capital;
    All these keywords.

    JEL classification:

    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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