DEVELOPMENT OF ENTREPRENEURIAL ACTIVITIES – PREMISE OF THE INCREASE OF ECONOMIC COMPETITIVENESS

Abstract

In the context of the integration into the European Union, the issue of the increase of firms’ competitiveness has become essential for Romania’s economy also, which requires as a mandatory condition the elaboration and application of certain clear strategies, both at the level of firms, and of the Government's, with specific goals and actions. Although it has made certain progress, Romania has significant competitiveness delays compared to the EU member states. In this context, development of entrepreneurial activities is a premise of the increase of economic competitiveness. Entrepreneurship is first of all a state of mind referring to the motivation and capacity of an individual to identify opportunity and follow it with the purpose of producing value or economic success.

Keywords

• entrepreneurship, competitiveness, development