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The Role Of Entrepreneurship In Economic Growth. Comparative Aspects Romania Versus European Union

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  • MIHĂILĂ, Nicoleta

    (“Victor Slăvescu” Centre for Financial and Monetary Research, Romanian Academy)

Abstract

There is a general appreciation regarding the major role that entrepreneurship along with innovation plays in economic competitiveness and job creation on a global scale. Stimulation of the SME sector should be made, in our opinion, by providing a competitive, stable and predictable business environment. In this context, public policies aimed at developing entrepreneurship in Romania, should have in the foreground entrepreneurship education at all levels, simplified and predictable regulatory framework and a competitiveness-oriented access to finance. In this paper we develop a comparative analysis of entrepreneurship in Romania and the EU, we highlight the main difficulties encountered by entrepreneurs and will propose solutions for its development into a friendly economic environment.

Suggested Citation

  • MIHĂILĂ, Nicoleta, 2015. "The Role Of Entrepreneurship In Economic Growth. Comparative Aspects Romania Versus European Union," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 2(1), pages 232-239.
    • Handle: RePEc:vls:rojfme:v:2:y:2015:i:1:p:232-239
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    Keywords

    SMEs; competitiveness; fiscal framework; entrepreneurial education;
    All these keywords.

    JEL classification:

    • H26 - Public Economics - - Taxation, Subsidies, and Revenue - - - Tax Evasion and Avoidance
    • H27 - Public Economics - - Taxation, Subsidies, and Revenue - - - Other Sources of Revenue
    • H32 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Firm

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