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Organised Crime As An Entrepreneurial Activity

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  • Costin-Dan DAVID
  • Danut-Dumitru DUMITRASCU

Abstract

Criminal activity, in the minds of everyday individuals, usually means money, power and influence, but at the same time, it represents business like results and entrepreneurial thinking, and nothing brings in more money than organised crime. We are starting to tackle the idea that organised crime can be seen from an entrepreneurial perspective, while underlining the concepts of organised crime, corruption, and several characteristics of organised crime. At the same time, the paper points out some elements regarding the concept of entrepreneurship and some of its characteristics, while drawing a parallel between the two main ideas of the paper organised crime & entrepreneurship. In itself, the paper brings to light and tries to bridge the gap in understanding some of the links between entrepreneurship and organised crime. Considering some of the similarities between the entrepreneurial way and the organised crime method of making money, we are also presenting the results of a brief secondary data analysis based on reports, strategies regarding the economic effects of organised crime.

Suggested Citation

  • Costin-Dan DAVID & Danut-Dumitru DUMITRASCU, 2021. "Organised Crime As An Entrepreneurial Activity," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 15(1), pages 506-513, November.
    • Handle: RePEc:rom:mancon:v:15:y:2021:i:1:p:506-513
    DOI: 10.24818/IMC/2021/03.06
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    References listed on IDEAS

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    1. Gary S. Becker, 1974. "Crime and Punishment: An Economic Approach," NBER Chapters, in: Essays in the Economics of Crime and Punishment, pages 1-54, National Bureau of Economic Research, Inc.
    2. Robert Smith, 2009. "Understanding entrepreneurial behaviour in organized criminals," Journal of Enterprising Communities: People and Places in the Global Economy, Emerald Group Publishing Limited, vol. 3(3), pages 256-268, August.
    3. Petter Gottschalk & JanTerje Karlsen, 2009. "Entrepreneurship in organised crime: career stages in gangs," International Journal of Innovation and Learning, Inderscience Enterprises Ltd, vol. 6(4), pages 448-460.
    4. Ruta Aidis & Mirjam van Praag, 2004. "Illegal Entrepreneurship Experience," Tinbergen Institute Discussion Papers 04-105/3, Tinbergen Institute.
    5. Dominik Enste & Friedrich Schneider, 2002. "Hiding in the Shadows; The Growth of the Underground Economy," IMF Economic Issues 30, International Monetary Fund.
    6. Mr. Friedrich Schneider & Dominik Enste, 2002. "Hiding in the Shadows: The Growth of the Underground Economy," IMF Economic Issues 2002/001, International Monetary Fund.
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