Considerations on Romania's Entrepreneurial Profile: Barriers to Productive Entrepreneurship

Abstract

Abstract In Romania, a wide-spectrum of registered entrepreneurial activities can be observed, even though they survive in unfavourable conditions with a very low impact on the economic growth (Szabo and Herman, 2012). This paper presents an analysis of Romania's entrepreneurial performance in the European context based on the Global Entrepreneurship and Development Index (GEDI) proposed by Acs&Szerb (Acs et al., 2013a). GEDI permits a multidimensional analysis of entrepreneurship in comparison with GEM and WB data. Moreover, in order to identify possible policies that foster productive entrepreneurship, a statistical analysis of the Global Competitiveness Index (WEF, 2013) and the Summary Innovation Index (EU, 2013) was made.