Influence factors and characteristics of business environment in Romania Cover Image

Factori de influenţă şi caracteristicile mediului antreprenorial din România
Influence factors and characteristics of business environment in Romania

Author(s): Lucian Ovidiu Cinade
Subject(s): Economy
Published by: Fundatia Română pentru Inteligenta Afacerii

Summary/Abstract: Small and medium businesses have become more and more important in our society, as employment opportunity suppliers and key elements for the welfare of the local and regional community. The small and medium European businesses hold 99.8 % of the entire European businesses and 67.1 % of the private business area job market. Entrepreneurial business demands special abilities like responsibility, spontaneity, adaptability, clear-sightedness, initiative and management talent. Although European business environment and industry are up to date and competitive most of the time, the reality is that they cannot afford to take a passive stand towards the challenges that innovation and globalization bring. In a world of constant change the anticipation before action principle is as important as it is in a stable environment. In order to reach a goal, choices need to be made, actions need to be planed, resources need to be allocated, and the environment evolution has to be observed. To establish how predictable the Romanian economical environment is and by which degree it encourages the entrepreneurial initiative the systematical study of several political, economical, social, ecological and legal influential factors is necessary.

  • Issue Year: 2011
  • Issue No: 24
  • Page Range: 12-18
  • Page Count: 7
  • Language: Romanian