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Entrepreneurship for Young People

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  • Timeea-Alexandra Savu (Simionescu)

    (“Valahia†University of Tȃrgoviṣte)

Abstract

The importance of entrepreneurship in terms of economic performance, the achievement of welfare and cohesion at the social level can be highlighted with the help of indicators and values in the field of entrepreneurship, but also through the results obtained at the macroeconomic level. Entrepreneurship consists in the ability to identify a business opportunity, to implement it and to properly manage it in order to capitalize on it. The contractor is the person who commits himself to provide various services, to perform certain works, based on a contract and obligations, the reward being previously established through negotiation. The entrepreneur represents the innovative element, which can generate economic growth and bring a positive change at the level of the company of which he is a part. By undermining monopolies, solving existing problems with the help of new technologies, young entrepreneurs will thus be able to encourage more competitive economies and will be able to adapt much more easily to globalized societies. The purpose of this article is to highlight the importance of involving the school, the universities, the state and the government through its leaders, by implementing appropriate policies so as to support entrepreneurship, for the development of the private, financial and social sector.

Suggested Citation

  • Timeea-Alexandra Savu (Simionescu), 2019. "Entrepreneurship for Young People," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 572-575, December.
    • Handle: RePEc:ovi:oviste:v:xix:y:2019:i:2:p:572-575
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    More about this item

    Keywords

    Entrepreneurship; education; young entrepreneurs; business entrepreneurs;
    All these keywords.

    JEL classification:

    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation
    • M54 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Labor Management
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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