Entrepreneurship - an Opportunity for Young People in Romania

Abstract

Lately, there is more and more talk about the notion of entrepreneurship, which is the occupational and social impact of entrepreneurial activities and what are the benefits and risks of a person who decides to start a business on their own. Therefore, in this article we set out to present the importance and role of entrepreneurship for young people in Romania. Entrepreneurial activity has a major impact on the economy, because they are the ones who make the world move forward and things move in the right direction. According to our studies, one in two urban Romanians would like to become an entrepreneur, even if they encounter several obstacles when they decide to open a business, regardless of their field of activity. In 2019, 134,220 companies were established, and in 2020, due to the pandemic, their number decreased to 109,939.

Keywords

• business
• entrepreneurship
• entrepreneur
• youth
• romania