IDEAS home Printed from https://ideas.repec.org/a/spr/intemj/v20y2024i2d10.1007_s11365-023-00923-9.html
   My bibliography  Save this article

Challenges for entrepreneurial innovation: Startups as tools for a better knowledge-based economy

Author

Listed:
  • Oana Pricopoaia

    (University of Galați)

  • Andreea Valentina Busila

    (University of Galați)

  • Nicoleta Cristache

    (University of Galați)

  • Irina Susanu

    (University of Galați)

  • Cosmin Matis

    (Babes-Bolyai University)

Abstract

Through innovation and technology, there is a global movement to hasten national progress and development. The importance of fostering start-ups has risen to the top of the global agenda, and emerging nations are starting to acknowledge their crucial function as growth and development engines. It is critical to recognize and prioritize the need of building new, pertinent businesses that will create, develop, and support goods and services that suit societal demands and are important for Romania’s economic development. This research study examines Romania’s start-ups and innovation infrastructure to understand the entrepreneurial environment. Also, this study emphasizes the major obstacles that start-ups and entrepreneurs encounter, as well as evaluating creative technical breakthroughs to build a successful economy based on knowledge. Similarly, while intending to analyze the changes that start-ups and entrepreneurs bring to an economic, political, and social landscape, this study identifies the waves of opportunities that come with start-ups which are created for a better knowledge-based economy. Developing an ecosystem of innovation to deliver solutions to our society's needs and expectations would foster a start-up culture that is inclusive, efficient, and helpful to the entire society. In this context, we developed hypotheses and a study model based on Sem-Pls methodology, which were validated using an online questionnaire. SmartPls4 software was used to process the data, and all research hypotheses were validated.

Suggested Citation

  • Oana Pricopoaia & Andreea Valentina Busila & Nicoleta Cristache & Irina Susanu & Cosmin Matis, 2024. "Challenges for entrepreneurial innovation: Startups as tools for a better knowledge-based economy," International Entrepreneurship and Management Journal, Springer, vol. 20(2), pages 969-1010, June.
  • Handle: RePEc:spr:intemj:v:20:y:2024:i:2:d:10.1007_s11365-023-00923-9
    DOI: 10.1007/s11365-023-00923-9
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s11365-023-00923-9
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.

    File URL: https://libkey.io/10.1007/s11365-023-00923-9?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:intemj:v:20:y:2024:i:2:d:10.1007_s11365-023-00923-9. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.