USV - International Economic Conferences, The 16th Economic International Conference

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The Dynamics of New Enterprises in Romania in the last decade
Mihaela State, Carmen Boghean

Last modified: 2020-05-08

Abstract


Supporting entrepreneurship is vital to any dynamic economy. Entrepreneurship manifests itself in the economy in a multitude of forms, with very different results that are not only reflected in economic and financial well-being but are correlated with technological progress, job creation and the reduction of social inequities. Currently, there are many projects that widely promote the start-up of new businesses by reducing constraints. Other projects provide assistance, aimed at combating the forces that cause business failure, while others seek to help existing businesses improve their performance and expand.

The rationale for policies and the sizing of support for entrepreneurship requires regular evaluations based on relevant measurement indicators. This article has the main goal to examine the magnitude and the determinants of enterprise births and closures. The data collected from the website of The National Institute of Statistics, were analyzed from a statistical perspective. The results highlights that over 70% of new enterprises are in urban areas.


Keywords


enterprises, rural, urban, region, economic activities, size class, GDP

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