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Vulnerabilities, Risks And Opportunities Forsustainable Entrepreneurial Action

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  • SIMIONESCU (BARBU) IRINA

    (VALAHIA UNIVERSITY OF TARGOVISTE)

Abstract

The main purpose of entrepreneurship is to generate economic growth. Entrepreneurs are trying to create wealth for themselves and for their families, creating a good business, which is durable and can be transferred from generatio to generation. There is nothing wrong with the creation of wealth, as long as the ability to do this is available to everyone. The collective creation of the wealth in the families of a community gives the economic transformation of that communities and the ability to eliminate social problems that accompany the lack of wealth. Unfortunately, in our world not everyone has the opportunity to create wealth, both in rural and urban areas. It is caused by the lack of access to quality education, globalisation of the economy and the resulting decrease in well-paid work opportunities, isolation (both economic and physical), immigration and health problems, among other obstacles. The understanding of the entrepreneur action is finally an attempt to understand their goals and vulnerabilities. The concept of entrepreneurship based on the interaction between purpose and vulnerability implies that the entrepreneur acts on the world and the world acts on the entrepreneur. This paper explores the context, the development of thinking about the consequences and goals of entrepreneurship, processes, behaviors and some associated outcomes.

Suggested Citation

  • Simionescu (Barbu) Irina, 2019. "Vulnerabilities, Risks And Opportunities Forsustainable Entrepreneurial Action," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 6, pages 244-249, December.
  • Handle: RePEc:cbu:jrnlec:y:2019:v:6:p:244-249
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    References listed on IDEAS

    as
    1. Alain Fayolle & Stratos Ramoglou & Mine Karatas-Ozkan & Katerina Nicolopoulou, 2018. "Philosophical Reflexivity and Entrepreneurship Research," Post-Print hal-02298281, HAL.
    2. Frank Krysiak, 2009. "Risk Management as a Tool for Sustainability," Journal of Business Ethics, Springer, vol. 85(3), pages 483-492, April.
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