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Entrepreneurial Framework Conditions and Sustainable Growth in Europe. A Multimethod Analysis

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  • Manuela Rozalia GABOR

    (Petru Maior University of Tirgu Mures, Romania)

Abstract

Entrepreneurial activity is an output of the interaction of an individual’s perception of an opportunity and capacity to act upon this and the distinct conditions of the respective environment in which the individual is located. The Global Entrepreneurship Monitor has proposed that entrepreneurship dynamics can be linked to conditions that enhance (or hinder) new business creation. The Entrepreneurial Framework Conditions are one of the most important components of any entrepreneurship ecosystem. The state of these conditions directly influences the existence of entrepreneurial opportunities, entrepreneurial capacity and preferences, which in turn determines business dynamics and growth. Taking into consideration all these aspects, in the present study we intend to analyze comparatively the main entrepreneurial indicators that can influence the sustainable growth of efficiency-driven and innovative-driven countries from Europe.

Suggested Citation

  • Manuela Rozalia GABOR, 2018. "Entrepreneurial Framework Conditions and Sustainable Growth in Europe. A Multimethod Analysis," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 1, pages 153-161.
    • Handle: RePEc:ddj:fseeai:y:2018:i:1:p:153-161
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    References listed on IDEAS

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    1. Zoltan Acs, 2008. "How is Entrepreneurship Good for Economic Growth?," Chapters, in: Entrepreneurship, Growth and Public Policy, chapter 21, pages 291-301, Edward Elgar Publishing.
    2. Wennekers, Sander & van Stel, André & Carree, Martin & Thurik, Roy, 2010. "The Relationship between Entrepreneurship and Economic Development: Is It U-Shaped?," Foundations and Trends(R) in Entrepreneurship, now publishers, vol. 6(3), pages 167-237, July.
    3. Audretsch, David B., 2009. "Entrepreneurship capital and economic growth," INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, Asociación Española de Ciencia Regional, issue 15, pages 27-45.
    4. Wennekers, Sander & Thurik, Roy, 1999. "Linking Entrepreneurship and Economic Growth," Small Business Economics, Springer, vol. 13(1), pages 27-55, August.
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