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Aspects Regarding The Contribution Of Innovations To The Development Of Entrepreneurship In The European Union

Author

Listed:
  • Daianu Dana Codruta

    (University Aurel Vlaicu of Arad, Faculty of Economic Sciences)

  • Abrudan Denisa

    (West University of Timisoara, Faculty of Economics and Business Administration)

Abstract

The aim of the paper is to deepen the theoretical foundation on entrepreneurship and innovation, as well as to develop practical recommendations on the development of entrepreneurship through innovations. We aimed to identify and argue the role of innovation in entrepreneurship development, underlining the role of innovation as a growth factor and as an element of businesses and SMEs development. In the paper are presented comparative analyzes, findings, advantages and disadvantages of the ways of development and financing of entrepreneurship in the European Union, which should be taken into account for the future policies in this field starting from the regional levels and continuing at the country level. At European Union level, many measures and policies have been adopted to support R&D and innovation, some of which have already been implemented or are being prepared.

Suggested Citation

  • Daianu Dana Codruta & Abrudan Denisa, 2018. "Aspects Regarding The Contribution Of Innovations To The Development Of Entrepreneurship In The European Union," Management Strategies Journal, Constantin Brancoveanu University, vol. 42(4), pages 40-48.
    • Handle: RePEc:brc:journl:v:42:y:2018:i:4:p:40-48
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    References listed on IDEAS

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    1. Schumpeter, Joseph A, 1982. "The "Crisis" in Economics-Fifty Years Ago," Journal of Economic Literature, American Economic Association, vol. 20(3), pages 1049-1059, September.
    2. Sorin Gabriel Anton & Ionel Bostan, 2017. "The Role of Access to Finance in Explaining Cross-National Variation in Entrepreneurial Activity: A Panel Data Approach," Sustainability, MDPI, vol. 9(11), pages 1-16, October.
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    More about this item

    Keywords

    entrepreneurship; innovation; research and development; entrepreneurial business; competitiveness; European Union;
    All these keywords.

    JEL classification:

    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O20 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - General
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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