ENTREPRENEURSHIP IN TERMS OF THE LEVEL OF ECONOMIC COMPETITIVENESS
Journal Title: Challenges of the Knowledge Society - Year 2016, Vol 6, Issue 0
Abstract
Considering that from a qualitative point of view, human activity in general, has recorded a significant leap along with the debut of entrepreneurial activities, from the “creative destruction” perspective through competition of Joseph Scumpeter until present, entrepreneurial theory and practice reveals a generally accepted point of view: entrepreneurship, regardless of the form under which it is carried out, represents the engine for the market economy system, the determining factor of competitiveness growth and sustainable economic growth. Once aware of the positive impact it has on the economy and society, entrepreneurship has and is being promoted at a national level, European and global by creating, coordinating and implementing a strategic framework, legislative and financially favorable. However, the socio-economic data analysis shows that, economies having an analog development level, record different entrepreneurial rates, that similar entrepreneurial activities have a different impact on economic development or that, as the economies record a higher development level, the interest for initiating new businesses declines. From this perspective, the purpose of this paper is to underline and promote the entrepreneurship’s role as a fundamental source for increasing growth potential and national and regional development in the long term, and to highlight, based on empirical data, the interdependency, the qualitative and quantitative correlation between the entrepreneurial rate and the competitiveness level of a country.
Authors and Affiliations
Elena Mihaela ILIESCU
Keywords
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