Workshop PHSS 2019: The Development of Entrepreneurship in Romania. The Role of Institutional Environment

Chair: Dr. VALENTINA DIANA RUSU

Invited Speakers:

Prof. ANGELA ROMAN (“Alexandru Ioan Cuza” University of Iași”)

NECULAI VIŢELARU (Vice-president National Council of Private Small andMedium Enterprises in Romania)

EUGENIA NICULINA DĂSCĂLESCU (Regional Administrative Director BRD – Groupe Société Générale, North East Region)

SORIN COCIȘ (Regional Expert in European funds, government programs and partnerships BRD – Groupe Société Générale, Northeast Retail Region)

Time and location: Friday, 17 May, 16.00-18.00
C505 Room, Building C, “Alexandru Ioan Cuza” University of Iași

Language: Romanian

Entrepreneurship plays a major role in the economic development of a country or region and the quality of entrepreneurial activity has a significant impact on economic growth. Among the main pillars identified as supporters of entrepreneurship are: access to finance (facilitating entrepreneurs’ access to finance, in particular by developing a different lending model for entrepreneurship by banks, and developing new sources of innovative funding such as crowd- funding and microfinance); entrepreneurial culture (tolerance for risk and failure, preference for self-employment, culture of innovation and research); taxes and regulations (tax incentives, ease of business start-up, business-friendly legislation); education and training (entrepreneurship education in pre-university and university education, training for entrepreneurs, encouraging lifelong learning for entrepreneurs); support in all areas mentioned offered by specialized organizations, such as entrepreneurs’ associations and clubs, government agencies, business incubators, groups and business centres. According to studies in the field, access to finance is an area where entrepreneurs face the most difficulties, so improving access to finance is considered to be the most supportive measure of entrepreneurial development.

Through this workshop, we intend to create an interactive seminar in which to work together with the participants to identify the main obstacles that entrepreneurs face when they want to start up a new business or are in the course of their activity, in Romania. We will discuss the characteristics of the entrepreneurial environment in Romania, the number of procedures necessary for the establishment of a new business, the main ways of financing available to start-up entrepreneurs, but also to those older on the market, the role of the institutional environment in stimulating and encouraging potential entrepreneurs. The practical experience of the speakers will bring us face to face with the real situation in the business and institutional environment. Also, the participants in this seminar, being seen as potential entrepreneurs, will present their perceptions of the obstacles they identify in the entrepreneurial environment, as well as the factors that would stimulate them to open a business.

Organizers: Institute of Interdisciplinary Research, Social Sciences and Humanities Research Department, “Alexandru Ioan Cuza” University of Iași

This workshop was supported by a grant of the “Alexandru Ioan Cuza”University of Iasi, within the Research Grants program, Grant UAIC, code GI-UAIC-2017-02, entitled “Increasing the competitiveness of the Romanian economy by improving the quality of entrepreneurship”.

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