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The challenges Europe is facing today rely on the entrepreneurship development which stands for economic growth and new job creation. As the Entrepreneurship 2020 action plan promotes, the new businesses are crucial for economic development of Europe, being the powerful drivers for better productivity, new skills acquisition, and opening new market sectors. In this view, the paper attempts to investigate the current issues encountered by Romanian enterprises in their entrepreneurial path and the related effects on...

The current European and international concerns on economic growth are embracing the stimulation of innovation and research, by generating new knowledge to ensure the competitiveness of organizations regardless of type, size, and operating industry. The paper addressed the issue of innovation for sustainable economic growth and investigated main factors responsible for innovation potential within Romanian business sector. The research methodology envisaged statically analysis of data by highlighting the results of...