A RETROSPECTIVE ANALYSIS OF RAISING START-UP CAPITAL IN ROMANIA

ILIE Livia Puia , Lucian Blaga University of Sibiu

ȘERBAN Anca , Lucian Blaga University of Sibiu

Abstract:
Entrepreneurship refers to an individual’s ability to turn ideas into action and it includes creativity, innovation and risk taking, as well as the ability to plan and manage projects. As cities look to entrepreneurship as an economic development strategy, it is important to consider the capital markets in place to finance companies within the start-up ecosystem. Put simply, growth must be funded. This article presents the main sources of start-up funding and evaluates the extent to which Romanian companies make use of those opportunities relative to other European countries.  

Keywords: entrepreneurship, start-up, funding rounds, venture capital

JEL Classification: O16, O52

Volume: 71, Issue: 4

Pages: 64 - 71

Publication date: December, 2019

Download the article: http://economice.ulbsibiu.ro/revista.economica/archive/71405ilie&serban.pdf

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